Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Pioneer Investcorp's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-35.0 Mil. Pioneer Investcorp's Interest Expense for the
three
months ended in Mar. 2026 was ₹-36.9 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Pioneer Investcorp Ltd interest coverage is 1.46, which is low.
The historical rank and industry rank for Pioneer Investcorp's Interest Coverage or its related term are showing as below:
BOM:507864'
s Interest Coverage Range Over the Past 10 Years
Min: 0.81 Med: 1.56 Max: 4.05
Current: 1.46
BOM:507864's Interest Coverage is ranked worse than 87.96% of 432
companies
in the Capital Markets industry
Industry Median: 20.55
vs BOM:507864: 1.46
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 .
Pioneer Investcorp Interest Coverage Related Terms
Pioneer Investcorp Interest Coverage Historical Data
* Premium members only.
The historical data trend for Pioneer Investcorp'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:507864 vs MS, GS, SCHW: Interest Coverage Comparison
For the Capital Markets subindustry, Pioneer Investcorp'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.
Pioneer Investcorp Interest Coverage vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Pioneer Investcorp's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Pioneer Investcorp'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:
Pioneer Investcorp did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Pioneer Investcorp (BOM:507864) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pioneer Investcorp and its competitors. Over the past decade, Pioneer Investcorp's Interest Coverage has ranged from 0.81 to 4.05. According to the industry distribution chart, Pioneer Investcorp ranks #380 out of 432 companies in the Capital Markets industry, placing it in the top 88%.
Is Pioneer Investcorp's Interest Coverage too high?
Pioneer Investcorp's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 4.05. Based on the distribution chart, Pioneer Investcorp ranks #380 out of 432 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Pioneer Investcorp has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Investcorp's Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Pioneer Investcorp ranks #380 out of 432 companies for Interest Coverage. This places Pioneer Investcorp in the lower half of its industry. The industry median Interest Coverage is 20.55. Historically, Pioneer Investcorp's own Interest Coverage has ranged from 0.81 to 4.05 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 a Capital Markets company?
The median Interest Coverage among Capital Markets companies is 20.55, based on 432 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 Pioneer Investcorp and its competitors. For the Capital Markets industry, the median Interest Coverage is 20.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Investcorp's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Investcorp stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Investcorp (BOM:507864) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹73.34, compared to a current price of ₹93.30 — trading 27.2% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Pioneer Investcorp's overall GF Score™ is 62/100 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 Pioneer Investcorp (BOM:507864), the current Interest Coverage is 0 (At Loss) 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 Pioneer Investcorp (BOM:507864) Overvalued in 2026?
Based on GuruFocus' analysis, Pioneer Investcorp stock appears to be overvalued.
The current stock price of ₹93.30 is trading 27.2% above its estimated GF Value™ of ₹73.34.
GuruFocus considers Pioneer Investcorp to be Modestly Overvalued.
Key valuation signals for BOM:507864:
Interest Coverage: 0 (At Loss)
GF Value™: ₹73.34 vs. price of ₹93.30 (27.2% above fair value)
No single metric tells the full story. See the BOM:507864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pioneer Investcorp Ltd is a financial services company specializing in investment banking and advisory services. The company is a SEBI registered category I Merchant Banker. Its investment banking services include private equity advisory, merchant banking, corporate finance advisory, and strategic alliances, debt syndication, structured transactions, and mergers and acquisitions. The company also deals in products like Treasury Bills, Government securities, State Development Loans, Non-SLR Bonds, Corporate Bonds, and money market instruments like Certificates of Deposit, Commercial Paper, Inter-Corporate Deposits, and Call and notice Money Deposits. It also provides underwriting, claims, reinsurance, and risk management for a diverse set of clients.
62GF Score
Get the complete analysis for BOM:507864
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:507864 has been successfully added to your 
