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Welcast SteelsBOM:504988 +0.35%58 Interest Coverage is 285.55 as of Mar. 2026, which is 3585% above its 10-year median of 7.75. GuruFocus rates BOM:504988 with a GF Score™ of 58/100 and a GF Value™ of ₹584.43 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 457 Steel companies, Welcast Steels ranks worse than 218818.16% 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. Welcast Steels's
Operating Income
for the
three
months ended in Mar. 2026 was ₹12.6 Mil. Welcast Steels's Interest Expense for the
three
months ended in Mar. 2026 was ₹-0.0 Mil.
Welcast Steels's interest coverage for the quarter that ended in Mar. 2026 was 285.55.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Welcast Steels's Interest Coverage or its related term are showing as below:
BOM:504988's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.41 * Ranked among companies with meaningful Interest Coverage only.
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 .
Welcast Steels Interest Coverage Related Terms
Welcast Steels Interest Coverage Historical Data
* Premium members only.
The historical data trend for Welcast Steels'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.
BOM:504988 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Welcast Steels'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.
Welcast Steels Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Welcast Steels's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Welcast Steels's Interest Coverage falls into.
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:
* 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.
Welcast Steels (BOM:504988) has a Interest Coverage of 285.55 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Welcast Steels and its competitors. This is 3585% above median its historical median of 7.75. According to the industry distribution chart, Welcast Steels ranks #999999 out of 457 companies in the Steel industry.
Is Welcast Steels' Interest Coverage too high?
Welcast Steels' current Interest Coverage of 285.55 is 3585% above median its 10-year median of 7.75. The Steel industry median Interest Coverage is 4.41. Welcast Steels' value of 285.55 is 6375.1% above this industry median. Based on the distribution chart, Welcast Steels ranks #999999 out of 457 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Welcast Steels has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Welcast Steels' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Welcast Steels ranks #999999 out of 457 companies for Interest Coverage. This places Welcast Steels in the lower half of its industry. The industry median Interest Coverage is 4.41. Welcast Steels' value of 285.55 is 6375.1% above this benchmark. While the company's 10-year median is 7.75 vs. the industry median of 4.41, Welcast Steels 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. Welcast Steels's current Interest Coverage of 285.55 is 6375.1% 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 Welcast Steels 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. Welcast Steels's current Interest Coverage is 285.55, which is 3585% above median its own 10-year median of 7.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Welcast Steels stock overvalued right now?
Based on GuruFocus' analysis, Welcast Steels (BOM:504988) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹584.43, compared to a current price of ₹694.40 — trading 18.8% above its estimated fair value. The current Interest Coverage is 285.55, which is 3585% above median its 10-year median of 7.75 and 6375.1% above the Steel industry median of 4.41. Welcast Steels' overall GF Score™ is 58/100 with 4 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 Welcast Steels (BOM:504988), the current Interest Coverage is 285.55 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 Welcast Steels (BOM:504988) Overvalued in 2026?
Based on GuruFocus' analysis, Welcast Steels stock appears to be overvalued.
The current stock price of ₹694.40 is trading 18.8% above its estimated GF Value™ of ₹584.43.
GuruFocus considers Welcast Steels to be Modestly Overvalued.
Key valuation signals for BOM:504988:
Interest Coverage: 285.55 (3585% above median its 10-year median of 7.75)
GF Value™: ₹584.43 vs. price of ₹694.40 (18.8% above fair value)
Industry Position: 6375.1% above the Steel median (#999999 of 457)
No single metric tells the full story. See the BOM:504988 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Welcast Steels Ltd is engaged in the manufacturing and marketing of chrome grinding media balls. The company products are used in the Cement and Mining Industry. It exports its products to other countries like the USA, U.A.E., Japan, Australia, Thailand, Sri Lanka, UK, Bangladesh, Indonesia, Oman, Qatar, Philippines, Slovakia, Hong Kong, Canada, Bulgaria, and Vietnam. The company mainly operates in only one segment namely the manufacturing of High Chrome Grinding Media Balls and generates revenue from the same.
58GF Score
Get the complete analysis for BOM:504988
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