Kajaria Ceramics (BOM:500233) Interest Coverage: 38.66 (As of Mar. 2026) — 62% Above Median

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BOM:500233 Kajaria Ceramics Ltd BOM:500233
90 GF Score
Price ₹1,212.65
GF Value ₹1,326.70
Valuation Fairly Valued
! 4 Warning Signs
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What is Kajaria Ceramics Interest Coverage?

Kajaria Ceramics BOM:500233 +0.20% 90 Interest Coverage is 38.66 as of Mar. 2026, which is 62% above its 10-year median of 23.86. GuruFocus rates BOM:500233 with a GF Score™ of 90/100 and a GF Value™ of ₹1,326.70 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,360 Construction companies, Kajaria Ceramics ranks better than 74.71% 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. Kajaria Ceramics's Operating Income for the three months ended in Mar. 2026 was ₹2,211 Mil. Kajaria Ceramics's Interest Expense for the three months ended in Mar. 2026 was ₹-57 Mil. Kajaria Ceramics's interest coverage for the quarter that ended in Mar. 2026 was 38.66. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Kajaria Ceramics's Interest Coverage or its related term are showing as below:

BOM:500233' s Interest Coverage Range Over the Past 10 Years
Min: 12.83   Med: 23.86   Max: 40.61
Current: 30.74


BOM:500233's Interest Coverage is ranked better than
74.71% of 1360 companies
in the Construction industry
Industry Median: 7.97 vs BOM:500233: 30.74

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


Kajaria Ceramics  (BOM:500233) 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 .


Kajaria Ceramics Interest Coverage Related Terms


Kajaria Ceramics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kajaria Ceramics'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.

Kajaria Ceramics Interest Coverage Chart

Kajaria Ceramics Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.26 21.57 39.07 23.00 30.74

Kajaria Ceramics 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 15.85 27.60 29.68 26.88 38.66

BOM:500233 vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Kajaria Ceramics'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.


Kajaria Ceramics Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Kajaria Ceramics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kajaria Ceramics's Interest Coverage falls into.


BOM:500233
90GF Score
Kajaria Ceramics Ltd BOM:500233
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kajaria Ceramics 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.

Kajaria Ceramics's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Kajaria Ceramics's Interest Expense was ₹-226 Mil. Its Operating Income was ₹6,956 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,213 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*6956.1/-226.3
=30.74

Kajaria Ceramics's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Kajaria Ceramics's Interest Expense was ₹-57 Mil. Its Operating Income was ₹2,211 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,213 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2211.4/-57.2
=38.66

* 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 38.66 mean?
Kajaria Ceramics (BOM:500233) has a Interest Coverage of 38.66 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kajaria Ceramics and its competitors. This is 62% above median its historical median of 23.86. Over the past decade, Kajaria Ceramics' Interest Coverage has ranged from 12.83 to 40.61. According to the industry distribution chart, Kajaria Ceramics ranks #344 out of 1360 companies in the Construction industry, placing it in the top 25.3%.
Is Kajaria Ceramics' Interest Coverage too high?
Kajaria Ceramics' current Interest Coverage of 38.66 is 62% above median its 10-year median of 23.86. Over the past 10 years, this metric has ranged from a low of 12.83 to a high of 40.61. The Construction industry median Interest Coverage is 7.97. Kajaria Ceramics' value of 38.66 is 385.1% above this industry median. Based on the distribution chart, Kajaria Ceramics ranks #344 out of 1360 companies in the Construction industry, which is above the industry midpoint. Overall, Kajaria Ceramics has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kajaria Ceramics' Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Kajaria Ceramics ranks #344 out of 1360 companies for Interest Coverage. This puts Kajaria Ceramics in the upper half of its industry. The industry median Interest Coverage is 7.97. Kajaria Ceramics' value of 38.66 is 385.1% above this benchmark. Historically, Kajaria Ceramics' own Interest Coverage has ranged from 12.83 to 40.61 over the past decade. While the company's 10-year median is 23.86 vs. the industry median of 7.97, Kajaria Ceramics 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 Construction company?
The median Interest Coverage among Construction companies is 7.97, based on 1,360 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. Kajaria Ceramics's current Interest Coverage of 38.66 is 385.1% 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 Kajaria Ceramics and its competitors. For the Construction industry, the median Interest Coverage is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kajaria Ceramics's current Interest Coverage is 38.66, which is 62% above median its own 10-year median of 23.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kajaria Ceramics stock overvalued right now?
Based on GuruFocus' analysis, Kajaria Ceramics (BOM:500233) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,326.70, compared to a current price of ₹1,212.65 — trading 8.6% below its estimated fair value. The current Interest Coverage is 38.66, which is 62% above median its 10-year median of 23.86 and 385.1% above the Construction industry median of 7.97. Kajaria Ceramics' overall GF Score™ is 90/100 with 4 warning signs to review. 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 Kajaria Ceramics (BOM:500233), the current Interest Coverage is 38.66 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 Kajaria Ceramics (BOM:500233) Overvalued in 2026?

Based on GuruFocus' analysis, Kajaria Ceramics stock appears to be undervalued. The current stock price of ₹1,212.65 is trading 8.6% below its estimated GF Value™ of ₹1,326.70. GuruFocus considers Kajaria Ceramics to be Fairly Valued.

Key valuation signals for BOM:500233:

  • Interest Coverage: 38.66 (62% above median its 10-year median of 23.86)
  • GF Value™: ₹1,326.70 vs. price of ₹1,212.65 (8.6% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 385.1% above the Construction median (#344 of 1360)

No single metric tells the full story. See the BOM:500233 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kajaria Ceramics Business Description

Other Exchanges KAJARIACER:India
Address Mathura Road, J-1/B-1 (Extn), Mohan Co-operative Industrial Estate, Opposite Badarpur Thermal Power Station, New Delhi, IND, 110044
Kajaria Ceramics Ltd is a manufacturer of indoor floor and wall tiles. The product range includes ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, sanitary ware and faucets, and tile adhesives and grout. Kajaria Ceramics' tiles and tile-related products are marketed through a distribution network of dealers and sub-dealers. The company has two operating segments: Tiles and other products, including bathware, sanitaryware, and plywood. The company operates mainly in India, with production and the majority of sales focused there.
90GF Score

Get the complete analysis for BOM:500233

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

₹1,212.65
Price
₹1,326.70
GF Value