Manglam Global (BOM:503626) Interest Coverage: 3.58 (As of Mar. 2026) — 96% Below Median

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BOM:503626 Manglam Global Corp Ltd BOM:503626
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What is Manglam Global Interest Coverage?

Manglam Global BOM:503626 9 Interest Coverage is 3.58 as of Mar. 2026, which is 96% below its 10-year median of 91.57. GuruFocus rates BOM:503626 with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 202 Agriculture companies, Manglam Global ranks worse than 84.65% 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. Manglam Global's Operating Income for the three months ended in Mar. 2026 was ₹3.0 Mil. Manglam Global's Interest Expense for the three months ended in Mar. 2026 was ₹-0.8 Mil. Manglam Global's interest coverage for the quarter that ended in Mar. 2026 was 3.58. The higher the ratio, the stronger the company's financial strength is.

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

BOM:503626' s Interest Coverage Range Over the Past 10 Years
Min: 1.94   Med: 91.57   Max: No Debt
Current: 1.94


BOM:503626's Interest Coverage is ranked worse than
84.65% of 202 companies
in the Agriculture industry
Industry Median: 7.13 vs BOM:503626: 1.94

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


Manglam Global  (BOM:503626) 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 .


Manglam Global Interest Coverage Related Terms


Manglam Global Interest Coverage Historical Data

* Premium members only.

The historical data trend for Manglam Global'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.

Manglam Global Interest Coverage Chart

Manglam Global 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 2.29 123.14 0.00 60.00 2.36

Manglam Global 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 No Debt 28.38 0.00 2.46 3.58

BOM:503626 vs CTVA, CF, MOS: Interest Coverage Comparison

For the Agricultural Inputs subindustry, Manglam Global'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.


Manglam Global Interest Coverage vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Manglam Global's Interest Coverage distribution charts can be found below:

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


BOM:503626
9GF Score
Manglam Global Corp Ltd BOM:503626
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Manglam Global 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.

Manglam Global'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, Manglam Global's Interest Expense was ₹-2.8 Mil. Its Operating Income was ₹6.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*6.498/-2.755
=2.36

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

Here, for the three months ended in Mar. 2026, Manglam Global's Interest Expense was ₹-0.8 Mil. Its Operating Income was ₹3.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2.995/-0.836
=3.58

* 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 3.58 mean?
Manglam Global (BOM:503626) has a Interest Coverage of 3.58 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manglam Global and its competitors. This is 96% below median its historical median of 91.57. Over the past decade, Manglam Global's Interest Coverage has ranged from 1.94 to 10,000.00. According to the industry distribution chart, Manglam Global ranks #171 out of 202 companies in the Agriculture industry, placing it in the top 84.7%.
Is Manglam Global's Interest Coverage too high?
Manglam Global's current Interest Coverage of 3.58 is 96% below median its 10-year median of 91.57. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 10,000.00. The Agriculture industry median Interest Coverage is 7.13. Manglam Global's value of 3.58 is 49.8% below this industry median. Based on the distribution chart, Manglam Global ranks #171 out of 202 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Manglam Global has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Manglam Global's Interest Coverage compare to CTVA and CF?
According to the Agriculture industry distribution chart, Manglam Global ranks #171 out of 202 companies for Interest Coverage. This places Manglam Global in the lower half of its industry. The industry median Interest Coverage is 7.13. Manglam Global's value of 3.58 is 49.8% below this benchmark. Historically, Manglam Global's own Interest Coverage has ranged from 1.94 to 10,000.00 over the past decade. While the company's 10-year median is 91.57 vs. the industry median of 7.13, Manglam Global has consistently been below 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 an Agriculture company?
The median Interest Coverage among Agriculture companies is 7.13, based on 202 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. Manglam Global's current Interest Coverage of 3.58 is 49.8% below 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 Manglam Global and its competitors. For the Agriculture industry, the median Interest Coverage is 7.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manglam Global's current Interest Coverage is 3.58, which is 96% below median its own 10-year median of 91.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manglam Global stock overvalued right now?
Manglam Global (BOM:503626) has a current Interest Coverage of 3.58. The current Interest Coverage is 3.58, which is 96% below median its 10-year median of 91.57 and 49.8% below the Agriculture industry median of 7.13. Manglam Global's overall GF Score™ is 9/100 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 Manglam Global (BOM:503626), the current Interest Coverage is 3.58 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.

Manglam Global Business Description

Address Mangalwara Bazaar, Next to Agrawal Readymade Stores, Pipariya, MP, IND, 461775
Manglam Global Corp Ltd, Formerly Kshitiz Investment Ltd is engaged in the manufacture, process, market, trade, import, export, improve, sell Agri and Non- Agri commodities, food products, fast moving consumer good (FMCG) and other related products which inter alia include but is not limited to grains, pulses, spices, vegetables, herbs and other food items derived from agricultural or farming activities.
9GF Score

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