Patels Airtemp (India) Limited

Patels Airtemp (India) Limitedverified

PATELSAI.BO

Price:

$247.95

Market Cap:

$1.36B

Patels Airtemp India Ltd. manufactures industrial process plant equipment. It is engaged in the manufacturing and selling of heat exchangers, such as shell and tube type, finned tube type and air cooled heat exchangers, pressure vessels, air-conditioning, and refrigeration equipment. The company was founded in 1973 and is headquartered in Ahmedabad, India.

Industry

Industrial - Machinery

IPO Date

2002-07-10

Stock Exchange

BSE

Ticker

PATELSAI.BO

The Current Ratio as of December 2025 (TTM) for Patels Airtemp (India) Limited (PATELSAI.BO) is 2.04

According to Patels Airtemp (India) Limited’s latest financial reports and current stock price. The company's current Current Ratio is 2.04. This represents a change of 104.61% compared to the average of 1.00 of the last 4 quarters.

Patels Airtemp (India) Limited (PATELSAI.BO) Historical Current Ratio (quarterly & annually)

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

The mean historical Current Ratio of Patels Airtemp (India) Limited over the last ten years is 1.75. The current 2.04 Current Ratio has changed 11.52% with respect to the historical average. Over the past ten years (40 quarters), PATELSAI.BO's Current Ratio was at its highest in in the March 2016 quarter at 2.62. The Current Ratio was at its lowest in in the December 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.75

Median

1.62

Minimum

1.43

Maximum

2.62

Patels Airtemp (India) Limited (PATELSAI.BO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Patels Airtemp (India) 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 = 50.29%

Maximum Annual Current Ratio = 2.62

Minimum Annual Increase = -22.95%

Minimum Annual Current Ratio = 1.43

Quarterly (TTM)
Annual
YearCurrent RatioChange
20251.9535.06%
20241.440.71%
20231.43-7.89%
20221.558.57%
20211.430.05%
20201.43-15.00%
20191.68-15.15%
20181.98-1.87%
20172.02-22.95%
20162.6250.29%

Patels Airtemp (India) Limited (PATELSAI.BO) Average Current Ratio

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

The current Current Ratio of Patels Airtemp (India) Limited (PATELSAI.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.61

5-year avg

1.56

10-year avg

1.75

Patels Airtemp (India) Limited (PATELSAI.BO) Current Ratio vs. Peers

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

Patels Airtemp (India) Limited’s Current Ratio is greater than Ducon Infratechnologies Limited (0), greater than Ducon Infratechnologies Limited (0), greater than ATV Projects India Limited (0), greater than Duncan Engineering Limited (0), less than W.H. Brady & Company Limited (2.53), greater than International Combustion (India) Limited (1.85), greater than Latteys Industries Limited (0), greater than Somi Conveyor Beltings Limited (0), greater than Sumuka Agro Industries Limited (0), greater than Dhoot Industrial Finance Limited (0),

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