As of June 4, 2025, Praj Industries Ltd (PRAJIND.NS) reports a Current Ratio of 1.52.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Historical Trend of Praj Industries Ltd's Current Ratio
Over recent years, Praj Industries Ltd's Current Ratio has shown a moderate pattern. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2025-03-31 | 1.52 |
| 2024-03-31 | 1.52 |
| 2023-03-31 | 1.45 |
| 2022-03-31 | 1.46 |
| 2021-03-31 | 1.62 |
This fluctuation highlights how Praj Industries Ltd manages its short-term assets and liabilities over time.
Comparing Praj Industries Ltd's Current Ratio to Peers
To better understand Praj Industries Ltd's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Praj Industries Ltd (PRAJIND.NS) | 1.52 |
| Mold-Tek Technologies Ltd (MOLDTECH.NS) | 5.81 |
| Techno Electric & Engineering Company Ltd (TECHNOE.NS) | 4.30 |
| DRA Consultants Ltd (540144.BO) | 3.96 |
| Beijing New Space Technology Co Ltd (605178.SS) | 3.80 |
| Khoon Group Ltd (924.HK) | 3.24 |
Compared to its competitors, Praj Industries Ltd's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.