Minaxi Textiles Limited

Minaxi Textiles Limitedverified

MINAXI.BO

Price:

$1.73

Market Cap:

$85.49M

Minaxi Textiles Ltd. engages in weaving and manufacture of synthetic grey cloth of suiting & shirting mixture fabrics. The firm's products include suiting lycra fabric, cotton quilts, broken twill fabric, and satin fabric. The company was founded on March 14, 1995 and is headquartered in Gandhinagar, India.

Industry

Manufacturing - Textiles

IPO Date

2002-07-01

Stock Exchange

BSE

Ticker

MINAXI.BO

The Current Ratio as of December 2025 (TTM) for Minaxi Textiles Limited (MINAXI.BO) is 0

According to Minaxi Textiles Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0. This represents a change of -100.00% compared to the average of 0.46 of the last 4 quarters.

Minaxi Textiles Limited (MINAXI.BO) Historical Current Ratio (quarterly & annually)

How has MINAXI.BO Current Ratio performed in the past?

The mean historical Current Ratio of Minaxi Textiles Limited over the last ten years is 1.29. The current 0 Current Ratio has changed -100.00% with respect to the historical average. Over the past ten years (40 quarters), MINAXI.BO's Current Ratio was at its highest in in the March 2022 quarter at 1.88. The Current Ratio was at its lowest in in the December 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.29

Median

1.21

Minimum

0.89

Maximum

1.88

Minaxi Textiles Limited (MINAXI.BO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Minaxi Textiles Limited Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 23.58%

Maximum Annual Current Ratio = 1.88

Minimum Annual Increase = -26.25%

Minimum Annual Current Ratio = 0.89

Quarterly (TTM)
Annual
YearCurrent RatioChange
20250.89-16.82%
20241.07-23.05%
20231.38-26.25%
20221.8823.58%
20211.52-0.91%
20201.5321.94%
20191.269.08%
20181.151.37%
20171.148.81%
20161.053.63%

Minaxi Textiles Limited (MINAXI.BO) Average Current Ratio

How has MINAXI.BO Current Ratio performed in the past?

The current Current Ratio of Minaxi Textiles Limited (MINAXI.BO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.11

5-year avg

1.35

10-year avg

1.29

Minaxi Textiles Limited (MINAXI.BO) Current Ratio vs. Peers

How is MINAXI.BO’s Current Ratio compared to its peers?

Minaxi Textiles Limited’s Current Ratio is less than Haria Apparels Limited (0), less than Nutech Global Limited (0), less than Jayatma Industries Ltd. (0), less than Suncity Synthetics Limited (0), less than Supertex Industries Limited (0), less than Jagjanani Textiles Limited (0), less than Premier Synthetics Limited (0), less than RLF Limited (0), less than Peeti Securities Limited (0), less than Delta Industrial Resources Limited (33.79),

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