Bhagwati Autocast (BOM:504646) Interest Coverage: 23.57 (As of Mar. 2026) — 205% Above Median


BOM:504646 Bhagwati Autocast Ltd BOM:504646
76 GF Score
Price ₹507.80
GF Value ₹592.22
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Bhagwati Autocast Interest Coverage?

Bhagwati Autocast BOM:504646 -0.94% 76 Interest Coverage is 23.57 as of Mar. 2026, which is 205% above its 10-year median of 7.74. GuruFocus rates BOM:504646 with a GF Score™ of 76/100 and a GF Value™ of ₹592.22 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 456 Steel companies, Bhagwati Autocast ranks better than 76.97% 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. Bhagwati Autocast's Operating Income for the three months ended in Mar. 2026 was ₹45 Mil. Bhagwati Autocast's Interest Expense for the three months ended in Mar. 2026 was ₹-2 Mil. Bhagwati Autocast's interest coverage for the quarter that ended in Mar. 2026 was 23.57. The higher the ratio, the stronger the company's financial strength is.

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

BOM:504646' s Interest Coverage Range Over the Past 10 Years
Min: 3.07   Med: 7.74   Max: 21.74
Current: 21.74


BOM:504646's Interest Coverage is ranked better than
76.97% of 456 companies
in the Steel industry
Industry Median: 4.445 vs BOM:504646: 21.74

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


Bhagwati Autocast  (BOM:504646) 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 .


Bhagwati Autocast Interest Coverage Related Terms


Bhagwati Autocast Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bhagwati Autocast'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.

Bhagwati Autocast Interest Coverage Chart

Bhagwati Autocast 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 0.00 11.70 11.63 7.95 21.74

Bhagwati Autocast 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 17.25 14.61 24.53 27.08 23.57

BOM:504646 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Bhagwati Autocast'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.


Bhagwati Autocast Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Bhagwati Autocast's Interest Coverage distribution charts can be found below:

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


BOM:504646
76GF Score
Bhagwati Autocast Ltd BOM:504646
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Bhagwati Autocast 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.

Bhagwati Autocast'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, Bhagwati Autocast's Interest Expense was ₹-9 Mil. Its Operating Income was ₹197 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹28 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*197.443/-9.083
=21.74

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

Here, for the three months ended in Mar. 2026, Bhagwati Autocast's Interest Expense was ₹-2 Mil. Its Operating Income was ₹45 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹28 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*44.995/-1.909
=23.57

* 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 23.57 mean?
Bhagwati Autocast (BOM:504646) has a Interest Coverage of 23.57 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bhagwati Autocast and its competitors. This is 205% above median its historical median of 7.74. Over the past decade, Bhagwati Autocast's Interest Coverage has ranged from 3.07 to 21.74. According to the industry distribution chart, Bhagwati Autocast ranks #105 out of 456 companies in the Steel industry, placing it in the top 23%.
Is Bhagwati Autocast's Interest Coverage too high?
Bhagwati Autocast's current Interest Coverage of 23.57 is 205% above median its 10-year median of 7.74. Over the past 10 years, this metric has ranged from a low of 3.07 to a high of 21.74. The Steel industry median Interest Coverage is 4.45. Bhagwati Autocast's value of 23.57 is 430.3% above this industry median. Based on the distribution chart, Bhagwati Autocast ranks #105 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Bhagwati Autocast has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bhagwati Autocast's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Bhagwati Autocast ranks #105 out of 456 companies for Interest Coverage. This places Bhagwati Autocast in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Bhagwati Autocast's value of 23.57 is 430.3% above this benchmark. Historically, Bhagwati Autocast's own Interest Coverage has ranged from 3.07 to 21.74 over the past decade. While the company's 10-year median is 7.74 vs. the industry median of 4.45, Bhagwati Autocast 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 4.45, 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. Bhagwati Autocast's current Interest Coverage of 23.57 is 430.3% 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 Bhagwati Autocast and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagwati Autocast's current Interest Coverage is 23.57, which is 205% above median its own 10-year median of 7.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagwati Autocast stock overvalued right now?
Based on GuruFocus' analysis, Bhagwati Autocast (BOM:504646) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹592.22, compared to a current price of ₹507.80 — trading 14.3% below its estimated fair value. The current Interest Coverage is 23.57, which is 205% above median its 10-year median of 7.74 and 430.3% above the Steel industry median of 4.45. Bhagwati Autocast's overall GF Score™ is 76/100 with 1 warning sign 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 Bhagwati Autocast (BOM:504646), the current Interest Coverage is 23.57 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 Bhagwati Autocast (BOM:504646) Overvalued in 2026?

Based on GuruFocus' analysis, Bhagwati Autocast stock appears to be undervalued. The current stock price of ₹507.80 is trading 14.3% below its estimated GF Value™ of ₹592.22. GuruFocus considers Bhagwati Autocast to be Modestly Undervalued.

Key valuation signals for BOM:504646:

  • Interest Coverage: 23.57 (205% above median its 10-year median of 7.74)
  • GF Value™: ₹592.22 vs. price of ₹507.80 (14.3% below fair value)
  • GF Score™: 76/100 with 1 warning sign
  • Industry Position: 430.3% above the Steel median (#105 of 456)

No single metric tells the full story. See the BOM:504646 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bhagwati Autocast Business Description

Address Survey No. 816, Village Rajoda, Near Bavla District, Ahmedabad, GJ, IND, 382220
Bhagwati Autocast Ltd is an Indian company that manufactures iron castings. The products of the company are used in the industries of automotive, air and gas compressor, refrigeration, hydraulic, tractor, wind generation/generator, plastic injection moulding machine, and light and heavy commercial vehicle. It derives revenue from the sales of CI castings and Patterns. The company generates all of its revenue from India Itself.
76GF Score

Get the complete analysis for BOM:504646

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

₹507.80
Price
₹592.22
GF Value