Uni Abex Alloy Products (BOM:504605) Interest Coverage: 120.57 (As of Mar. 2026) — 261% Above Median

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BOM:504605 Uni Abex Alloy Products Ltd BOM:504605
82 GF Score
Price ₹4,693.40
GF Value ₹3,587.58
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Uni Abex Alloy Products Interest Coverage?

Uni Abex Alloy Products BOM:504605 -1.97% 82 Interest Coverage is 120.57 as of Mar. 2026, which is 261% above its 10-year median of 33.41. GuruFocus rates BOM:504605 with a GF Score™ of 82/100 and a GF Value™ of ₹3,587.58 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 456 Steel companies, Uni Abex Alloy Products ranks better than 86.62% 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. Uni Abex Alloy Products's Operating Income for the three months ended in Mar. 2026 was ₹229 Mil. Uni Abex Alloy Products's Interest Expense for the three months ended in Mar. 2026 was ₹-2 Mil. Uni Abex Alloy Products's interest coverage for the quarter that ended in Mar. 2026 was 120.57. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Uni Abex Alloy Products Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Uni Abex Alloy Products's Interest Coverage or its related term are showing as below:

BOM:504605' s Interest Coverage Range Over the Past 10 Years
Min: 1.05   Med: 33.41   Max: 96.83
Current: 66.21


BOM:504605's Interest Coverage is ranked better than
86.62% of 456 companies
in the Steel industry
Industry Median: 4.585 vs BOM:504605: 66.21

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


Uni Abex Alloy Products  (BOM:504605) 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 .


Uni Abex Alloy Products Interest Coverage Related Terms


Uni Abex Alloy Products Interest Coverage Historical Data

* Premium members only.

The historical data trend for Uni Abex Alloy Products'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.

Uni Abex Alloy Products Interest Coverage Chart

Uni Abex Alloy Products 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 35.34 33.41 96.83 51.16 66.21

Uni Abex Alloy Products 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 81.59 29.90 99.61 23.88 120.57

BOM:504605 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Uni Abex Alloy Products'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.


Uni Abex Alloy Products Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Uni Abex Alloy Products's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Uni Abex Alloy Products's Interest Coverage falls into.


BOM:504605
82GF Score
Uni Abex Alloy Products Ltd BOM:504605
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Uni Abex Alloy Products 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.

Uni Abex Alloy Products'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, Uni Abex Alloy Products's Interest Expense was ₹-7 Mil. Its Operating Income was ₹465 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹7 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*465.136/-7.025
=66.21

Uni Abex Alloy Products's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Uni Abex Alloy Products's Interest Expense was ₹-2 Mil. Its Operating Income was ₹229 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹7 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*229.205/-1.901
=120.57

* 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 120.57 mean?
Uni Abex Alloy Products (BOM:504605) has a Interest Coverage of 120.57 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Uni Abex Alloy Products and its competitors. This is 261% above median its historical median of 33.41. Over the past decade, Uni Abex Alloy Products' Interest Coverage has ranged from 1.05 to 96.83. According to the industry distribution chart, Uni Abex Alloy Products ranks #61 out of 456 companies in the Steel industry, placing it in the top 13.4%.
Is Uni Abex Alloy Products' Interest Coverage too high?
Uni Abex Alloy Products' current Interest Coverage of 120.57 is 261% above median its 10-year median of 33.41. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 96.83. The Steel industry median Interest Coverage is 4.59. Uni Abex Alloy Products' value of 120.57 is 2529.7% above this industry median. Based on the distribution chart, Uni Abex Alloy Products ranks #61 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Uni Abex Alloy Products has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Uni Abex Alloy Products' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Uni Abex Alloy Products ranks #61 out of 456 companies for Interest Coverage. This places Uni Abex Alloy Products in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.59. Uni Abex Alloy Products' value of 120.57 is 2529.7% above this benchmark. Historically, Uni Abex Alloy Products' own Interest Coverage has ranged from 1.05 to 96.83 over the past decade. While the company's 10-year median is 33.41 vs. the industry median of 4.59, Uni Abex Alloy Products 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 Steel company?
The median Interest Coverage among Steel companies is 4.59, based on 456 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. Uni Abex Alloy Products's current Interest Coverage of 120.57 is 2529.7% 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 Uni Abex Alloy Products and its competitors. For the Steel industry, the median Interest Coverage is 4.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Uni Abex Alloy Products's current Interest Coverage is 120.57, which is 261% above median its own 10-year median of 33.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Uni Abex Alloy Products stock overvalued right now?
Based on GuruFocus' analysis, Uni Abex Alloy Products (BOM:504605) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,587.58, compared to a current price of ₹4,693.40 — trading 30.8% above its estimated fair value. The current Interest Coverage is 120.57, which is 261% above median its 10-year median of 33.41 and 2529.7% above the Steel industry median of 4.59. Uni Abex Alloy Products' overall GF Score™ is 82/100 with 2 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 Uni Abex Alloy Products (BOM:504605), the current Interest Coverage is 120.57 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 Uni Abex Alloy Products (BOM:504605) Overvalued in 2026?

Based on GuruFocus' analysis, Uni Abex Alloy Products stock appears to be overvalued. The current stock price of ₹4,693.40 is trading 30.8% above its estimated GF Value™ of ₹3,587.58. GuruFocus considers Uni Abex Alloy Products to be Significantly Overvalued.

Key valuation signals for BOM:504605:

  • Interest Coverage: 120.57 (261% above median its 10-year median of 33.41)
  • GF Value™: ₹3,587.58 vs. price of ₹4,693.40 (30.8% above fair value)
  • GF Score™: 82/100 with 2 warning signs
  • Industry Position: 2529.7% above the Steel median (#61 of 456)

No single metric tells the full story. See the BOM:504605 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Uni Abex Alloy Products Business Description

Address Eastern Express Highway, Neterwala Group Office, 203, A-Wing, Godrej Two, Pirojshanagar, Vikhroli, Mumbai, MH, IND, 400079
Uni Abex Alloy Products Ltd produces static, centrifugal castings and assemblies in heat and corrosion-resistant alloys and specializes in alloy steel castings for decanters and reformer tubes. It offers products such as reformer tubes, harp assemblies, air injection tubes, feed tubes, bowl cylinders, glendon coils, sink rolls, ring segments, radiant tubes, and cages, among others. The company's product is used by various industries such as refinery, petrochemical and fertilizer, sponge iron, iron and steel, galvanizing plants, metal gasket, furnace, decanter, and valve manufacturers. Geographically, the firm derives maximum revenue from its business within India, and also has exposure to other markets such as Sweden, Poland, Bangladesh, China, France, Germany, the USA, and others.
82GF Score

Get the complete analysis for BOM:504605

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

₹4,693.40
Price
₹3,587.58
GF Value