Nirlon (BOM:500307) Interest Coverage: 4.55 (As of Mar. 2026) — 23% Above Median


BOM:500307 Nirlon Ltd BOM:500307
69 GF Score
Price ₹620.00
GF Value ₹503.92
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Nirlon Interest Coverage?

Nirlon BOM:500307 -0.35% 69 Interest Coverage is 4.55 as of Mar. 2026, which is 23% above its 10-year median of 3.69. GuruFocus rates BOM:500307 with a GF Score™ of 69/100 and a GF Value™ of ₹503.92 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,302 Real Estate companies, Nirlon ranks better than 50.31% 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. Nirlon's Operating Income for the three months ended in Mar. 2026 was ₹1,182 Mil. Nirlon's Interest Expense for the three months ended in Mar. 2026 was ₹-260 Mil. Nirlon's interest coverage for the quarter that ended in Mar. 2026 was 4.55. The higher the ratio, the stronger the company's financial strength is.

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

BOM:500307' s Interest Coverage Range Over the Past 10 Years
Min: 2.4   Med: 3.69   Max: 13.49
Current: 4.32


BOM:500307's Interest Coverage is ranked better than
50.31% of 1302 companies
in the Real Estate industry
Industry Median: 4.225 vs BOM:500307: 4.32

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


Nirlon  (BOM:500307) 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 .


Nirlon Interest Coverage Related Terms


Nirlon Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nirlon'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.

Nirlon Interest Coverage Chart

Nirlon 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 6.46 3.55 3.42 3.82 4.32

Nirlon 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 3.88 4.09 4.43 4.23 4.55

BOM:500307 vs CBRE, BEKE, JLL: Interest Coverage Comparison

For the Real Estate Services subindustry, Nirlon'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.


Nirlon Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Nirlon's Interest Coverage distribution charts can be found below:

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


BOM:500307
69GF Score
Nirlon Ltd BOM:500307
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nirlon 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.

Nirlon'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, Nirlon's Interest Expense was ₹-1,079 Mil. Its Operating Income was ₹4,656 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹11,467 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*4656.425/-1078.506
=4.32

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

Here, for the three months ended in Mar. 2026, Nirlon's Interest Expense was ₹-260 Mil. Its Operating Income was ₹1,182 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹11,467 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1181.548/-259.796
=4.55

* 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 4.55 mean?
Nirlon (BOM:500307) has a Interest Coverage of 4.55 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nirlon and its competitors. This is 23% above median its historical median of 3.69. Over the past decade, Nirlon's Interest Coverage has ranged from 2.40 to 13.49. According to the industry distribution chart, Nirlon ranks #647 out of 1302 companies in the Real Estate industry, placing it in the top 49.7%.
Is Nirlon's Interest Coverage too high?
Nirlon's current Interest Coverage of 4.55 is 23% above median its 10-year median of 3.69. Over the past 10 years, this metric has ranged from a low of 2.40 to a high of 13.49. The Real Estate industry median Interest Coverage is 4.23. Nirlon's value of 4.55 is 7.7% above this industry median. Based on the distribution chart, Nirlon ranks #647 out of 1302 companies in the Real Estate industry, which is above the industry midpoint. Overall, Nirlon has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nirlon's Interest Coverage compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Nirlon ranks #647 out of 1302 companies for Interest Coverage. This puts Nirlon in the upper half of its industry. The industry median Interest Coverage is 4.23. Nirlon's value of 4.55 is 7.7% above this benchmark. Historically, Nirlon's own Interest Coverage has ranged from 2.40 to 13.49 over the past decade. While the company's 10-year median is 3.69 vs. the industry median of 4.23, Nirlon 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.23, based on 1,302 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. Nirlon's current Interest Coverage of 4.55 is 7.7% 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 Nirlon and its competitors. For the Real Estate industry, the median Interest Coverage is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nirlon's current Interest Coverage is 4.55, which is 23% above median its own 10-year median of 3.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nirlon stock overvalued right now?
Based on GuruFocus' analysis, Nirlon (BOM:500307) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹503.92, compared to a current price of ₹620.00 — trading 23% above its estimated fair value. The current Interest Coverage is 4.55, which is 23% above median its 10-year median of 3.69 and 7.7% above the Real Estate industry median of 4.23. Nirlon's overall GF Score™ is 69/100 with 5 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 Nirlon (BOM:500307), the current Interest Coverage is 4.55 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 Nirlon (BOM:500307) Overvalued in 2026?

Based on GuruFocus' analysis, Nirlon stock appears to be overvalued. The current stock price of ₹620.00 is trading 23% above its estimated GF Value™ of ₹503.92. GuruFocus considers Nirlon to be Modestly Overvalued.

Key valuation signals for BOM:500307:

  • Interest Coverage: 4.55 (23% above median its 10-year median of 3.69)
  • GF Value™: ₹503.92 vs. price of ₹620.00 (23% above fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 7.7% above the Real Estate median (#647 of 1302)

No single metric tells the full story. See the BOM:500307 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nirlon Business Description

Other Exchanges NIRLON:India
Address Off the Western Express Highway, Pahadi Village, Goregaon (East, Mumbai, MH, IND, 400 063
Nirlon Ltd is an India-based real estate company. It is engaged in developing and managing Information Technology Parks, Industrial Park, and Knowledge Parks. Its projects include Nirlon Knowledge Park. The company generates revenues from Licence fees. Geographically, it operates only in India.
69GF Score

Get the complete analysis for BOM:500307

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

₹620.00
Price
₹503.92
GF Value