Kennametal India (BOM:505890) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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BOM:505890 Kennametal India Ltd BOM:505890
90 GF Score
Price ₹2,880.10
GF Value ₹2,873.59
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Kennametal India Interest Coverage?

Kennametal India BOM:505890 -0.20% 90 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 437.92. GuruFocus rates BOM:505890 with a GF Score™ of 90/100 and a GF Value™ of ₹2,873.59 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,323 Industrial Products companies, Kennametal India ranks better than 92.9% 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. Kennametal India's Operating Income for the three months ended in Mar. 2026 was ₹648 Mil. Kennametal India's Interest Expense for the three months ended in Mar. 2026 was ₹0 Mil. Kennametal India has no debt. 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. Kennametal India Ltd has enough cash to cover all of its debt. Its financial situation is stable.

(1) 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.

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

BOM:505890' s Interest Coverage Range Over the Past 10 Years
Min: 19.89   Med: 437.92   Max: No Debt
Current: 583.33


BOM:505890's Interest Coverage is ranked better than
92.9% of 2323 companies
in the Industrial Products industry
Industry Median: 14.69 vs BOM:505890: 583.33

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


Kennametal India  (BOM:505890) 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 .


Kennametal India Interest Coverage Related Terms


Kennametal India Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kennametal India'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.

Kennametal India Interest Coverage Chart

Kennametal India Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 314.33 No Debt 561.50 209.83 311.75

Kennametal India 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 284.00 181.50 No Debt 329.00 No Debt

BOM:505890 vs SNA, RBC, SWK: Interest Coverage Comparison

For the Tools & Accessories subindustry, Kennametal India'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.


Kennametal India Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kennametal India's Interest Coverage distribution charts can be found below:

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


BOM:505890
90GF Score
Kennametal India Ltd BOM:505890
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kennametal India 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.

Kennametal India's Interest Coverage for the fiscal year that ended in Jun. 2025 is calculated as

Here, for the fiscal year that ended in Jun. 2025, Kennametal India's Interest Expense was ₹-4 Mil. Its Operating Income was ₹1,247 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹15 Mil.

Interest Coverage=-1* Operating Income (A: Jun. 2025 )/Interest Expense (A: Jun. 2025 )
=-1*1247/-4
=311.75

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

Here, for the three months ended in Mar. 2026, Kennametal India's Interest Expense was ₹0 Mil. Its Operating Income was ₹648 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Kennametal India had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Kennametal India (BOM:505890) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kennametal India and its competitors. This is 100% below median its historical median of 437.92. Over the past decade, Kennametal India's Interest Coverage has ranged from 19.89 to 10,000.00. According to the industry distribution chart, Kennametal India ranks #165 out of 2323 companies in the Industrial Products industry, placing it in the top 7.1%.
Is Kennametal India's Interest Coverage too high?
Kennametal India's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 437.92. Over the past 10 years, this metric has ranged from a low of 19.89 to a high of 10,000.00. Based on the distribution chart, Kennametal India ranks #165 out of 2323 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Kennametal India has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kennametal India's Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Kennametal India ranks #165 out of 2323 companies for Interest Coverage. This places Kennametal India in the top 7% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.69. Historically, Kennametal India's own Interest Coverage has ranged from 19.89 to 10,000.00 over the past decade. 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.69, based on 2,323 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. 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 Kennametal India and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kennametal India's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 437.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kennametal India stock overvalued right now?
Based on GuruFocus' analysis, Kennametal India (BOM:505890) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,873.59, compared to a current price of ₹2,880.10 — trading 0.2% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 437.92. Kennametal India's overall GF Score™ is 90/100 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 Kennametal India (BOM:505890), the current Interest Coverage is No Debt (1) 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 Kennametal India (BOM:505890) Overvalued in 2026?

Based on GuruFocus' analysis, Kennametal India stock appears to be overvalued. The current stock price of ₹2,880.10 is trading 0.2% above its estimated GF Value™ of ₹2,873.59. GuruFocus considers Kennametal India to be Fairly Valued.

Key valuation signals for BOM:505890:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 437.92)
  • GF Value™: ₹2,873.59 vs. price of ₹2,880.10 (0.2% above fair value)
  • GF Score™: 90/100 with 1 warning sign

No single metric tells the full story. See the BOM:505890 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kennametal India Business Description

Other Exchanges KENNAMET:India
Address 8/9th Mile, Tumkur Road, Bengaluru, KA, IND, 560073
Kennametal India Ltd is engaged in the manufacturing and trading of hard metal products and machine tools, also known as machining solutions, serving both domestic and international markets. It operates through two main segments, the Machining Solutions Group and Hard Metal Products. The Machining Solutions Group's sales include machines, fixtures, spare parts, and after-sales services. The Hard Metal Products segment is the key revenue driver, offering metal cutting tools, tooling systems, and wear-resistant components for various industries such as automotive, aerospace, energy, and engineering. The company's operations are mainly based in India, with a presence in Germany, the USA, and China, and the majority of its revenue comes from India.
90GF Score

Get the complete analysis for BOM:505890

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

₹2,880.10
Price
₹2,873.59
GF Value