Hindustan Hardy (BOM:505893) Interest Coverage: 28.51 (As of Mar. 2026) — 96% Above Median


BOM:505893 Hindustan Hardy Ltd BOM:505893
80 GF Score
Price ₹824.90
GF Value ₹1,026.63
Valuation Modestly Undervalued
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What is Hindustan Hardy Interest Coverage?

Hindustan Hardy BOM:505893 -0.89% 80 Interest Coverage is 28.51 as of Mar. 2026, which is 96% above its 10-year median of 14.55. GuruFocus rates BOM:505893 with a GF Score™ of 80/100 and a GF Value™ of ₹1,026.63 (Modestly Undervalued). Among 1,066 Vehicles & Parts companies, Hindustan Hardy ranks better than 75.61% 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. Hindustan Hardy's Operating Income for the three months ended in Mar. 2026 was ₹23 Mil. Hindustan Hardy's Interest Expense for the three months ended in Mar. 2026 was ₹-1 Mil. Hindustan Hardy's interest coverage for the quarter that ended in Mar. 2026 was 28.51. The higher the ratio, the stronger the company's financial strength is.

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

BOM:505893' s Interest Coverage Range Over the Past 10 Years
Min: 0.07   Med: 14.55   Max: 48.21
Current: 30.28


BOM:505893's Interest Coverage is ranked better than
75.61% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.435 vs BOM:505893: 30.28

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


Hindustan Hardy  (BOM:505893) 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 .


Hindustan Hardy Interest Coverage Related Terms


Hindustan Hardy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hindustan Hardy'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.

Hindustan Hardy Interest Coverage Chart

Hindustan Hardy 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 16.46 12.63 27.24 48.21 30.28

Hindustan Hardy 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 40.34 43.22 31.84 19.76 28.51

BOM:505893 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Hindustan Hardy'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.


Hindustan Hardy Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hindustan Hardy's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hindustan Hardy's Interest Coverage falls into.


BOM:505893
80GF Score
Hindustan Hardy Ltd BOM:505893
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Hardy 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.

Hindustan Hardy'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, Hindustan Hardy's Interest Expense was ₹-3 Mil. Its Operating Income was ₹105 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹27 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*105.373/-3.48
=30.28

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

Here, for the three months ended in Mar. 2026, Hindustan Hardy's Interest Expense was ₹-1 Mil. Its Operating Income was ₹23 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹27 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*23.006/-0.807
=28.51

* 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 28.51 mean?
Hindustan Hardy (BOM:505893) has a Interest Coverage of 28.51 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hindustan Hardy and its competitors. This is 96% above median its historical median of 14.55. Over the past decade, Hindustan Hardy's Interest Coverage has ranged from 0.07 to 48.21. According to the industry distribution chart, Hindustan Hardy ranks #260 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 24.4%.
Is Hindustan Hardy's Interest Coverage too high?
Hindustan Hardy's current Interest Coverage of 28.51 is 96% above median its 10-year median of 14.55. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 48.21. The Vehicles & Parts industry median Interest Coverage is 8.44. Hindustan Hardy's value of 28.51 is 238% above this industry median. Based on the distribution chart, Hindustan Hardy ranks #260 out of 1066 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Hardy has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Hardy's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Hindustan Hardy ranks #260 out of 1066 companies for Interest Coverage. This places Hindustan Hardy in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.44. Hindustan Hardy's value of 28.51 is 238% above this benchmark. Historically, Hindustan Hardy's own Interest Coverage has ranged from 0.07 to 48.21 over the past decade. While the company's 10-year median is 14.55 vs. the industry median of 8.44, Hindustan Hardy 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.44, based on 1,066 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. Hindustan Hardy's current Interest Coverage of 28.51 is 238% 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 Hindustan Hardy and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Hardy's current Interest Coverage is 28.51, which is 96% above median its own 10-year median of 14.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Hardy stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Hardy (BOM:505893) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,026.63, compared to a current price of ₹824.90 — trading 19.6% below its estimated fair value. The current Interest Coverage is 28.51, which is 96% above median its 10-year median of 14.55 and 238% above the Vehicles & Parts industry median of 8.44. Hindustan Hardy's overall GF Score™ is 80/100. 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 Hindustan Hardy (BOM:505893), the current Interest Coverage is 28.51 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 Hindustan Hardy (BOM:505893) Overvalued in 2026?

Based on GuruFocus' analysis, Hindustan Hardy stock appears to be undervalued. The current stock price of ₹824.90 is trading 19.6% below its estimated GF Value™ of ₹1,026.63. GuruFocus considers Hindustan Hardy to be Modestly Undervalued.

Key valuation signals for BOM:505893:

  • Interest Coverage: 28.51 (96% above median its 10-year median of 14.55)
  • GF Value™: ₹1,026.63 vs. price of ₹824.90 (19.6% below fair value)
  • GF Score™: 80/100
  • Industry Position: 238% above the Vehicles & Parts median (#260 of 1066)

No single metric tells the full story. See the BOM:505893 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hindustan Hardy Business Description

Address Plot No. C-12, M.I.D.C. Area, Ambad, Additional Nasik Industrial Area, Nashik, MH, IND, 422 010
Hindustan Hardy Ltd is an auto parts manufacturer in India. The company is principally engaged in the designing and manufacturing of propeller shafts and other accessories required for automotive, industrial, and other applications. Its sales are mainly to four customers that is domestic OEMs, export customers, industrial customers, and aftermarket.
80GF Score

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

₹824.90
Price
₹1,026.63
GF Value