Vraj Iron and Steel (NSE:VRAJ) Quick Ratio: 3.82 (As of Mar. 2026) — 56% Above Median


NSE:VRAJ Vraj Iron and Steel Ltd NSE:VRAJ
48 GF Score
Price ₹113.44
! 3 Warning Signs
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What is Vraj Iron and Steel Quick Ratio?

Vraj Iron and Steel NSE:VRAJ -1.32% 48 Quick Ratio is 3.82 as of Mar. 2026, which is 56% above its 10-year median of 2.45. GuruFocus rates NSE:VRAJ with a GF Score™ of 48/100. The stock has 3 warning signs investors should review. Among 634 Steel companies, Vraj Iron and Steel ranks better than 86.28% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Vraj Iron and Steel's quick ratio for the quarter that ended in Mar. 2026 was 3.82.

Vraj Iron and Steel has a quick ratio of 3.82. It generally indicates good short-term financial strength.

The historical rank and industry rank for Vraj Iron and Steel's Quick Ratio or its related term are showing as below:

NSE:VRAJ' s Quick Ratio Range Over the Past 10 Years
Min: 0.6   Med: 2.45   Max: 6.73
Current: 3.82

During the past 6 years, Vraj Iron and Steel's highest Quick Ratio was 6.73. The lowest was 0.60. And the median was 2.45.

NSE:VRAJ's Quick Ratio is ranked better than
86.28% of 634 companies
in the Steel industry
Industry Median: 1.02 vs NSE:VRAJ: 3.82

Vraj Iron and Steel  (NSE:VRAJ) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Vraj Iron and Steel Quick Ratio Related Terms


Vraj Iron and Steel Quick Ratio Historical Data

* Premium members only.

The historical data trend for Vraj Iron and Steel's Quick Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vraj Iron and Steel Quick Ratio Chart

Vraj Iron and Steel Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Quick Ratio
Get a 7-Day Free Trial 0.97 2.05 2.84 6.73 3.82

Vraj Iron and Steel Quarterly Data
Mar21 Mar22 Mar23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.73 0.00 2.13 0.00 3.82

NSE:VRAJ vs NUE, STLD, RS: Quick Ratio Comparison

For the Steel subindustry, Vraj Iron and Steel's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vraj Iron and Steel Quick Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Vraj Iron and Steel's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Vraj Iron and Steel's Quick Ratio falls into.


NSE:VRAJ
48GF Score
Vraj Iron and Steel Ltd NSE:VRAJ
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Vraj Iron and Steel Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Vraj Iron and Steel's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Quick Ratio (A: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1453.79-676.21)/203.34
=3.82

Vraj Iron and Steel's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(1453.79-676.21)/203.34
=3.82

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 3.82 mean?
Vraj Iron and Steel (NSE:VRAJ) has a Quick Ratio of 3.82 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vraj Iron and Steel and its competitors. This is 56% above median its historical median of 2.45. Over the past decade, Vraj Iron and Steel's Quick Ratio has ranged from 0.60 to 6.73. According to the industry distribution chart, Vraj Iron and Steel ranks #87 out of 634 companies in the Steel industry, placing it in the top 13.7%.
Is Vraj Iron and Steel's Quick Ratio too high?
Vraj Iron and Steel's current Quick Ratio of 3.82 is 56% above median its 10-year median of 2.45. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 6.73. The Steel industry median Quick Ratio is 1.02. Vraj Iron and Steel's value of 3.82 is 274.5% above this industry median. Based on the distribution chart, Vraj Iron and Steel ranks #87 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Vraj Iron and Steel has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Vraj Iron and Steel's Quick Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Vraj Iron and Steel ranks #87 out of 634 companies for Quick Ratio. This places Vraj Iron and Steel in the top 14% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.02. Vraj Iron and Steel's value of 3.82 is 274.5% above this benchmark. Historically, Vraj Iron and Steel's own Quick Ratio has ranged from 0.60 to 6.73 over the past decade. While the company's 10-year median is 2.45 vs. the industry median of 1.02, Vraj Iron and Steel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Steel company?
The median Quick Ratio among Steel companies is 1.02, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vraj Iron and Steel's current Quick Ratio of 3.82 is 274.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Vraj Iron and Steel and its competitors. For the Steel industry, the median Quick Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vraj Iron and Steel's current Quick Ratio is 3.82, which is 56% above median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vraj Iron and Steel stock overvalued right now?
Vraj Iron and Steel (NSE:VRAJ) has a current Quick Ratio of 3.82. The current Quick Ratio is 3.82, which is 56% above median its 10-year median of 2.45 and 274.5% above the Steel industry median of 1.02. Vraj Iron and Steel's overall GF Score™ is 48/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Vraj Iron and Steel (NSE:VRAJ), the current Quick Ratio is 3.82 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vraj Iron and Steel Business Description

Other Exchanges 544204:India
Address First Floor, Plot No 63 & 66, Ph No 113, Mother Teresa Ward No. 43, Jalvihar Colony, Raipur, CT, IND, 492001
Vraj Iron and Steel Ltd is a subsidiary of Gopal Sponge and Power Private Limited, with two manufacturing units located at Raipur and Bilaspur in Chhattisgarh. The company is engaged in the manufacture of iron and steel in Central India. It produces Sponge Iron, TMT Bars, and MS Billets under the brand "Vraj." Vraj Iron And Steel focuses on manufacturing and trading iron, steel, and power, which is its primary business segment. The company offers integrated steel plants with manufacturing setups, including DRI unit, EAF, continuous billet casting mill, high-speed rolling mill, and quality assurance laboratories.
48GF Score

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