ELANTAS Beck India (BOM:500123) Interest Coverage: 239.34 (As of Mar. 2026) — Near Median

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BOM:500123 ELANTAS Beck India Ltd BOM:500123
84 GF Score
Price ₹9,273.55
GF Value ₹11,100.45
Valuation Modestly Undervalued
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What is ELANTAS Beck India Interest Coverage?

ELANTAS Beck India BOM:500123 +0.75% 84 Interest Coverage is 239.34 as of Mar. 2026, which is 8% below its 10-year median of 261.39. GuruFocus rates BOM:500123 with a GF Score™ of 84/100 and a GF Value™ of ₹11,100.45 (Modestly Undervalued). Among 1,233 Chemicals companies, ELANTAS Beck India ranks better than 90.67% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. ELANTAS Beck India's Operating Income for the three months ended in Mar. 2026 was ₹376 Mil. ELANTAS Beck India's Interest Expense for the three months ended in Mar. 2026 was ₹-2 Mil. ELANTAS Beck India's interest coverage for the quarter that ended in Mar. 2026 was 239.34. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

ELANTAS Beck India Ltd has no debt.

The historical rank and industry rank for ELANTAS Beck India's Interest Coverage or its related term are showing as below:

BOM:500123' s Interest Coverage Range Over the Past 10 Years
Min: 138.17   Med: 261.39   Max: 363.95
Current: 257.71


BOM:500123's Interest Coverage is ranked better than
90.67% of 1233 companies
in the Chemicals industry
Industry Median: 10.26 vs BOM:500123: 257.71

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


ELANTAS Beck India  (BOM:500123) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


ELANTAS Beck India Interest Coverage Related Terms


ELANTAS Beck India Interest Coverage Historical Data

* Premium members only.

The historical data trend for ELANTAS Beck India's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

ELANTAS Beck India Interest Coverage Chart

ELANTAS Beck India Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 268.31 159.17 231.36 198.74 294.41

ELANTAS Beck India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 460.31 298.46 269.56 235.75 239.34

BOM:500123 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, ELANTAS Beck India's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


ELANTAS Beck India Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, ELANTAS Beck India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where ELANTAS Beck India's Interest Coverage falls into.


BOM:500123
84GF Score
ELANTAS Beck India Ltd BOM:500123
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ELANTAS Beck India Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

ELANTAS Beck India's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, ELANTAS Beck India's Interest Expense was ₹-5 Mil. Its Operating Income was ₹1,512 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1511.512/-5.134
=294.41

ELANTAS Beck India's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, ELANTAS Beck India's Interest Expense was ₹-2 Mil. Its Operating Income was ₹376 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*376.235/-1.572
=239.34

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 239.34 mean?
ELANTAS Beck India (BOM:500123) has a Interest Coverage of 239.34 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ELANTAS Beck India and its competitors. This is near median its historical median of 261.39. Over the past decade, ELANTAS Beck India's Interest Coverage has ranged from 138.17 to 363.95. According to the industry distribution chart, ELANTAS Beck India ranks #115 out of 1233 companies in the Chemicals industry, placing it in the top 9.3%.
Is ELANTAS Beck India's Interest Coverage too high?
ELANTAS Beck India's current Interest Coverage of 239.34 is near median its 10-year median of 261.39. Over the past 10 years, this metric has ranged from a low of 138.17 to a high of 363.95. The Chemicals industry median Interest Coverage is 10.26. ELANTAS Beck India's value of 239.34 is 2232.7% above this industry median. Based on the distribution chart, ELANTAS Beck India ranks #115 out of 1233 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, ELANTAS Beck India has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ELANTAS Beck India's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, ELANTAS Beck India ranks #115 out of 1233 companies for Interest Coverage. This places ELANTAS Beck India in the top 9% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.26. ELANTAS Beck India's value of 239.34 is 2232.7% above this benchmark. Historically, ELANTAS Beck India's own Interest Coverage has ranged from 138.17 to 363.95 over the past decade. While the company's 10-year median is 261.39 vs. the industry median of 10.26, ELANTAS Beck India 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 Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,233 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ELANTAS Beck India's current Interest Coverage of 239.34 is 2232.7% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on ELANTAS Beck India and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ELANTAS Beck India's current Interest Coverage is 239.34, which is near median its own 10-year median of 261.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ELANTAS Beck India stock overvalued right now?
Based on GuruFocus' analysis, ELANTAS Beck India (BOM:500123) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹11,100.45, compared to a current price of ₹9,273.55 — trading 16.5% below its estimated fair value. The current Interest Coverage is 239.34, which is near median its 10-year median of 261.39 and 2232.7% above the Chemicals industry median of 10.26. ELANTAS Beck India's overall GF Score™ is 84/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For ELANTAS Beck India (BOM:500123), the current Interest Coverage is 239.34 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.

Is ELANTAS Beck India (BOM:500123) Overvalued in 2026?

Based on GuruFocus' analysis, ELANTAS Beck India stock appears to be undervalued. The current stock price of ₹9,273.55 is trading 16.5% below its estimated GF Value™ of ₹11,100.45. GuruFocus considers ELANTAS Beck India to be Modestly Undervalued.

Key valuation signals for BOM:500123:

  • Interest Coverage: 239.34 (near median its 10-year median of 261.39)
  • GF Value™: ₹11,100.45 vs. price of ₹9,273.55 (16.5% below fair value)
  • GF Score™: 84/100
  • Industry Position: 2232.7% above the Chemicals median (#115 of 1233)

No single metric tells the full story. See the BOM:500123 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ELANTAS Beck India Business Description

Other Exchanges ELANTAS:India
Address 147, Mumbai-Pune Road, Pimpri, Pune, MH, IND, 411018
ELANTAS Beck India Ltd manufactures a wide range of specialty chemicals for electrical insulation and construction industries, which includes Primary Insulation, Secondary Insulation and Electronic & Engineering Materials. It offers a broad portfolio of wire enamels, impregnating resins and varnishes, casting & potting materials, flexible electrical insulation materials, conformal coatings as well as adhesives & sealants fulfilling the requirements of technical and environmental standards. Its segments include Electrical Insulations, which comprises three product groups: wire enamels, insulating varnishes & resins, and casting & potting compounds.; Engineering & Electronic Resins solutions, and Materials comprises of complete solutions for printed circuit boards (PCBs).
84GF Score

Get the complete analysis for BOM:500123

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹9,273.55
Price
₹11,100.45
GF Value