Investment & Precision Castings (BOM:504786) Interest Coverage: 4.12 (As of Mar. 2026) — 65% Above Median

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BOM:504786 Investment & Precision Castings Ltd BOM:504786
57 GF Score
Price ₹1,002.50
GF Value ₹464.15
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Investment & Precision Castings Interest Coverage?

Investment & Precision Castings BOM:504786 +1.91% 57 Interest Coverage is 4.12 as of Mar. 2026, which is 65% above its 10-year median of 2.50. GuruFocus rates BOM:504786 with a GF Score™ of 57/100 and a GF Value™ of ₹464.15 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 455 Steel companies, Investment & Precision Castings ranks worse than 59.12% 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. Investment & Precision Castings's Operating Income for the three months ended in Mar. 2026 was ₹69 Mil. Investment & Precision Castings's Interest Expense for the three months ended in Mar. 2026 was ₹-17 Mil. Investment & Precision Castings's interest coverage for the quarter that ended in Mar. 2026 was 4.12. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Investment & Precision Castings's Interest Coverage or its related term are showing as below:

BOM:504786' s Interest Coverage Range Over the Past 10 Years
Min: 0.89   Med: 2.5   Max: 4.29
Current: 3.62


BOM:504786's Interest Coverage is ranked worse than
59.12% of 455 companies
in the Steel industry
Industry Median: 4.57 vs BOM:504786: 3.62

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


Investment & Precision Castings  (BOM:504786) 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 .


Investment & Precision Castings Interest Coverage Related Terms


Investment & Precision Castings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Investment & Precision Castings'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.

Investment & Precision Castings Interest Coverage Chart

Investment & Precision Castings 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 1.05 2.32 2.68 2.14 3.62

Investment & Precision Castings 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 2.47 2.75 3.65 3.96 4.12

BOM:504786 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Investment & Precision Castings'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.


Investment & Precision Castings Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Investment & Precision Castings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Investment & Precision Castings's Interest Coverage falls into.


BOM:504786
57GF Score
Investment & Precision Castings Ltd BOM:504786
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Investment & Precision Castings 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.

Investment & Precision Castings'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, Investment & Precision Castings's Interest Expense was ₹-62 Mil. Its Operating Income was ₹224 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹182 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*223.738/-61.797
=3.62

Investment & Precision Castings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Investment & Precision Castings's Interest Expense was ₹-17 Mil. Its Operating Income was ₹69 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹182 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*68.908/-16.709
=4.12

* 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 4.12 mean?
Investment & Precision Castings (BOM:504786) has a Interest Coverage of 4.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Investment & Precision Castings and its competitors. This is 65% above median its historical median of 2.50. Over the past decade, Investment & Precision Castings' Interest Coverage has ranged from 0.89 to 4.29. According to the industry distribution chart, Investment & Precision Castings ranks #269 out of 455 companies in the Steel industry, placing it in the top 59.1%.
Is Investment & Precision Castings' Interest Coverage too high?
Investment & Precision Castings' current Interest Coverage of 4.12 is 65% above median its 10-year median of 2.50. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 4.29. The Steel industry median Interest Coverage is 4.57. Investment & Precision Castings' value of 4.12 is 9.8% below this industry median. Based on the distribution chart, Investment & Precision Castings ranks #269 out of 455 companies in the Steel industry, which is below the industry midpoint. Overall, Investment & Precision Castings has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Investment & Precision Castings' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Investment & Precision Castings ranks #269 out of 455 companies for Interest Coverage. This places Investment & Precision Castings in the lower half of its industry. The industry median Interest Coverage is 4.57. Investment & Precision Castings' value of 4.12 is 9.8% below this benchmark. Historically, Investment & Precision Castings' own Interest Coverage has ranged from 0.89 to 4.29 over the past decade. While the company's 10-year median is 2.50 vs. the industry median of 4.57, Investment & Precision Castings 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 a Steel company?
The median Interest Coverage among Steel companies is 4.57, based on 455 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. Investment & Precision Castings's current Interest Coverage of 4.12 is 9.8% 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 Investment & Precision Castings and its competitors. For the Steel industry, the median Interest Coverage is 4.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Investment & Precision Castings's current Interest Coverage is 4.12, which is 65% above median its own 10-year median of 2.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investment & Precision Castings stock overvalued right now?
Based on GuruFocus' analysis, Investment & Precision Castings (BOM:504786) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹464.15, compared to a current price of ₹1,002.50 — trading 116% above its estimated fair value. The current Interest Coverage is 4.12, which is 65% above median its 10-year median of 2.50 and 9.8% below the Steel industry median of 4.57. Investment & Precision Castings' overall GF Score™ is 57/100 with 6 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 Investment & Precision Castings (BOM:504786), the current Interest Coverage is 4.12 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 Investment & Precision Castings (BOM:504786) Overvalued in 2026?

Based on GuruFocus' analysis, Investment & Precision Castings stock appears to be overvalued. The current stock price of ₹1,002.50 is trading 116% above its estimated GF Value™ of ₹464.15. GuruFocus considers Investment & Precision Castings to be Significantly Overvalued.

Key valuation signals for BOM:504786:

  • Interest Coverage: 4.12 (65% above median its 10-year median of 2.50)
  • GF Value™: ₹464.15 vs. price of ₹1,002.50 (116% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 9.8% below the Steel median (#269 of 455)

No single metric tells the full story. See the BOM:504786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Investment & Precision Castings Business Description

Address Nari Road, Bhavnagar, GJ, IND, 364006
Investment & Precision Castings Ltd is engaged in the steel casting business. The company's products portfolio includes two-three-four-wheeler, bus tractor parts; aircraft parts; turbochargers for diesel engines; power plants, pumps and valves, medical implants; electrical and instrumentation; general engineering; electronics; electronics; compressors; artisan castings; and machined components from bar stock. The company also provides its products and services to ancillaries and the wind power generation industry. It operates in two segments Investment Castings and Power Generation. The majority of the company's revenue comes from the Investment Castings segment.
57GF Score

Get the complete analysis for BOM:504786

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

₹1,002.50
Price
₹464.15
GF Value