Azad India Mobility (BOM:504731) Interest Coverage: 171.27 (As of Mar. 2026) — 98% Below Median


BOM:504731 Azad India Mobility Ltd BOM:504731
42 GF Score
Price ₹89.27
! 5 Warning Signs
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What is Azad India Mobility Interest Coverage?

Azad India Mobility BOM:504731 +1.78% 42 Interest Coverage is 171.27 as of Mar. 2026, which is 98% below its 10-year median of 10,000.00. GuruFocus rates BOM:504731 with a GF Score™ of 42/100. The stock has 5 warning signs investors should review. Among 457 Steel companies, Azad India Mobility ranks better than 91.25% 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. Azad India Mobility's Operating Income for the three months ended in Mar. 2026 was ₹18.5 Mil. Azad India Mobility's Interest Expense for the three months ended in Mar. 2026 was ₹-0.1 Mil. Azad India Mobility's interest coverage for the quarter that ended in Mar. 2026 was 171.27. 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. Azad India Mobility Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

BOM:504731' s Interest Coverage Range Over the Past 10 Years
Min: 174.45   Med: No Debt   Max: No Debt
Current: 174.45


BOM:504731's Interest Coverage is ranked better than
91.25% of 457 companies
in the Steel industry
Industry Median: 4.41 vs BOM:504731: 174.45

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


Azad India Mobility  (BOM:504731) 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 .


Azad India Mobility Interest Coverage Related Terms


Azad India Mobility Interest Coverage Historical Data

* Premium members only.

The historical data trend for Azad India Mobility'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.

Azad India Mobility Interest Coverage Chart

Azad India Mobility 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 N/A 0.00 0.00 0.00 180.26

Azad India Mobility 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 1.95 0.00 N/A No Debt 171.27

BOM:504731 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Azad India Mobility'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.


Azad India Mobility Interest Coverage vs Steel Industry

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

* The bar in red indicates where Azad India Mobility's Interest Coverage falls into.


BOM:504731
42GF Score
Azad India Mobility Ltd BOM:504731
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Azad India Mobility 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.

Azad India Mobility'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, Azad India Mobility's Interest Expense was ₹-0.1 Mil. Its Operating Income was ₹19.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*19.468/-0.108
=180.26

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

Here, for the three months ended in Mar. 2026, Azad India Mobility's Interest Expense was ₹-0.1 Mil. Its Operating Income was ₹18.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*18.497/-0.108
=171.27

* 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 171.27 mean?
Azad India Mobility (BOM:504731) has a Interest Coverage of 171.27 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Azad India Mobility and its competitors. This is 98% below median its historical median of 10,000.00. Over the past decade, Azad India Mobility's Interest Coverage has ranged from 174.45 to 10,000.00. According to the industry distribution chart, Azad India Mobility ranks #40 out of 457 companies in the Steel industry, placing it in the top 8.8%.
Is Azad India Mobility's Interest Coverage too high?
Azad India Mobility's current Interest Coverage of 171.27 is 98% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 174.45 to a high of 10,000.00. The Steel industry median Interest Coverage is 4.41. Azad India Mobility's value of 171.27 is 3783.7% above this industry median. Based on the distribution chart, Azad India Mobility ranks #40 out of 457 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Azad India Mobility has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Azad India Mobility's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Azad India Mobility ranks #40 out of 457 companies for Interest Coverage. This places Azad India Mobility in the top 9% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.41. Azad India Mobility's value of 171.27 is 3783.7% above this benchmark. Historically, Azad India Mobility's own Interest Coverage has ranged from 174.45 to 10,000.00 over the past decade. While the company's 10-year median is 10,000.00 vs. the industry median of 4.41, Azad India Mobility 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 4.41, based on 457 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. Azad India Mobility's current Interest Coverage of 171.27 is 3783.7% 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 Azad India Mobility and its competitors. For the Steel industry, the median Interest Coverage is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azad India Mobility's current Interest Coverage is 171.27, which is 98% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad India Mobility stock overvalued right now?
Azad India Mobility (BOM:504731) has a current Interest Coverage of 171.27. The current Interest Coverage is 171.27, which is 98% below median its 10-year median of 10,000.00 and 3783.7% above the Steel industry median of 4.41. Azad India Mobility's overall GF Score™ is 42/100 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 Azad India Mobility (BOM:504731), the current Interest Coverage is 171.27 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.

Azad India Mobility Business Description

Address Tardeo Road, G-6, 8th Floor, Everest Building, Janata Nagar, Tardeo, Haji Ali, Mumbai, MH, IND, 400034
Azad India Mobility Ltd is engaged in the business of manufacturing of electric buses designed for superior efficiency, safety, and passenger comfort. The company operates only in India.
42GF Score

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

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