Kanpur Plastipacks (BOM:507779) Interest Coverage: 6.74 (As of Mar. 2026) — 113% Above Median


BOM:507779 Kanpur Plastipacks Ltd BOM:507779
67 GF Score
Price ₹194.00
GF Value ₹173.80
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Kanpur Plastipacks Interest Coverage?

Kanpur Plastipacks BOM:507779 -2.00% 67 Interest Coverage is 6.74 as of Mar. 2026, which is 113% above its 10-year median of 3.17. GuruFocus rates BOM:507779 with a GF Score™ of 67/100 and a GF Value™ of ₹173.80 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 316 Packaging & Containers companies, Kanpur Plastipacks ranks worse than 58.86% 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. Kanpur Plastipacks's Operating Income for the three months ended in Mar. 2026 was ₹172 Mil. Kanpur Plastipacks's Interest Expense for the three months ended in Mar. 2026 was ₹-26 Mil. Kanpur Plastipacks's interest coverage for the quarter that ended in Mar. 2026 was 6.74. The higher the ratio, the stronger the company's financial strength is.

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

BOM:507779' s Interest Coverage Range Over the Past 10 Years
Min: 0.63   Med: 3.17   Max: 6.51
Current: 4.45


BOM:507779's Interest Coverage is ranked worse than
58.86% of 316 companies
in the Packaging & Containers industry
Industry Median: 6.125 vs BOM:507779: 4.45

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


Kanpur Plastipacks  (BOM:507779) 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 .


Kanpur Plastipacks Interest Coverage Related Terms


Kanpur Plastipacks Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kanpur Plastipacks'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.

Kanpur Plastipacks Interest Coverage Chart

Kanpur Plastipacks 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 3.22 1.10 0.63 2.24 4.64

Kanpur Plastipacks 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 3.57 3.00 3.88 4.77 6.74

BOM:507779 vs SW, PKG, IP: Interest Coverage Comparison

For the Packaging & Containers subindustry, Kanpur Plastipacks'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.


Kanpur Plastipacks Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kanpur Plastipacks's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kanpur Plastipacks's Interest Coverage falls into.


BOM:507779
67GF Score
Kanpur Plastipacks Ltd BOM:507779
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kanpur Plastipacks 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.

Kanpur Plastipacks'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, Kanpur Plastipacks's Interest Expense was ₹-114 Mil. Its Operating Income was ₹531 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹273 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*531.094/-114.344
=4.64

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

Here, for the three months ended in Mar. 2026, Kanpur Plastipacks's Interest Expense was ₹-26 Mil. Its Operating Income was ₹172 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹273 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*172.104/-25.516
=6.74

* 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 6.74 mean?
Kanpur Plastipacks (BOM:507779) has a Interest Coverage of 6.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kanpur Plastipacks and its competitors. This is 113% above median its historical median of 3.17. Over the past decade, Kanpur Plastipacks' Interest Coverage has ranged from 0.63 to 6.51. According to the industry distribution chart, Kanpur Plastipacks ranks #186 out of 316 companies in the Packaging & Containers industry, placing it in the top 58.9%.
Is Kanpur Plastipacks' Interest Coverage too high?
Kanpur Plastipacks' current Interest Coverage of 6.74 is 113% above median its 10-year median of 3.17. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 6.51. The Packaging & Containers industry median Interest Coverage is 6.13. Kanpur Plastipacks' value of 6.74 is 10% above this industry median. Based on the distribution chart, Kanpur Plastipacks ranks #186 out of 316 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Kanpur Plastipacks has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanpur Plastipacks' Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Kanpur Plastipacks ranks #186 out of 316 companies for Interest Coverage. This places Kanpur Plastipacks in the lower half of its industry. The industry median Interest Coverage is 6.13. Kanpur Plastipacks' value of 6.74 is 10% above this benchmark. Historically, Kanpur Plastipacks' own Interest Coverage has ranged from 0.63 to 6.51 over the past decade. While the company's 10-year median is 3.17 vs. the industry median of 6.13, Kanpur Plastipacks 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.13, based on 316 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. Kanpur Plastipacks's current Interest Coverage of 6.74 is 10% 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 Kanpur Plastipacks and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanpur Plastipacks's current Interest Coverage is 6.74, which is 113% above median its own 10-year median of 3.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanpur Plastipacks stock overvalued right now?
Based on GuruFocus' analysis, Kanpur Plastipacks (BOM:507779) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹173.80, compared to a current price of ₹194.00 — trading 11.6% above its estimated fair value. The current Interest Coverage is 6.74, which is 113% above median its 10-year median of 3.17 and 10% above the Packaging & Containers industry median of 6.13. Kanpur Plastipacks' overall GF Score™ is 67/100 with 3 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 Kanpur Plastipacks (BOM:507779), the current Interest Coverage is 6.74 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 Kanpur Plastipacks (BOM:507779) Overvalued in 2026?

Based on GuruFocus' analysis, Kanpur Plastipacks stock appears to be overvalued. The current stock price of ₹194.00 is trading 11.6% above its estimated GF Value™ of ₹173.80. GuruFocus considers Kanpur Plastipacks to be Modestly Overvalued.

Key valuation signals for BOM:507779:

  • Interest Coverage: 6.74 (113% above median its 10-year median of 3.17)
  • GF Value™: ₹173.80 vs. price of ₹194.00 (11.6% above fair value)
  • GF Score™: 67/100 with 3 warning signs
  • Industry Position: 10% above the Packaging & Containers median (#186 of 316)

No single metric tells the full story. See the BOM:507779 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kanpur Plastipacks Business Description

Other Exchanges KANPRPLA:India
Address D-19-20, Panki Industrial Area, P.O. Udyog Nagar, Kanpur, UP, IND, 208 022
Kanpur Plastipacks Ltd is engaged in the business of manufacturing HDPE/PP Woven Sacks, PP Box Bags, Flexible Intermediate Bulk Containers (FIBCs), Fabrics, and High Tenacity PP Multi Filament Yam (MFY). Its primary segments include the Plastic Division, Consignment Stockiest, Solar Power Division, and CPP Division. The Plastic Division segment is engaged in the domestic and export sale of manufactured and traded plastic products. The Solar power division is engaged in the generation and supply of power. The CPP division is engaged in the domestic and export sale of manufactured Cast Polypropylene Films (CPP). The company generates the majority of its revenue from the Plastic Division segment.
67GF Score

Get the complete analysis for BOM:507779

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

₹194.00
Price
₹173.80
GF Value