Nitin CastingsBOM:508875 +3.28%75 Interest Coverage is 13.47 as of Mar. 2026, which is 20% above its 10-year median of 11.24. GuruFocus rates BOM:508875 with a GF Score™ of 75/100 and a GF Value™ of ₹592.64 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,322 Industrial Products companies, Nitin Castings ranks worse than 50.95% 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. Nitin Castings's
Operating Income
for the
three
months ended in Mar. 2026 was ₹32 Mil. Nitin Castings's Interest Expense for the
three
months ended in Mar. 2026 was ₹-2 Mil.
Nitin Castings's interest coverage for the quarter that ended in Mar. 2026 was 13.47.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nitin Castings's Interest Coverage or its related term are showing as below:
BOM:508875'
s Interest Coverage Range Over the Past 10 Years
Min: 1.48 Med: 11.24 Max: 80.31
Current: 14
BOM:508875's Interest Coverage is ranked worse than 50.95% of 2322
companies
in the Industrial Products industry
Industry Median: 14.735
vs BOM:508875: 14.00
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 .
Nitin Castings Interest Coverage Related Terms
Nitin Castings Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nitin Castings'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:508875 vs CRS, ATI, MLI: Interest Coverage Comparison
For the Metal Fabrication subindustry, Nitin Castings'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.
Nitin Castings Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Nitin Castings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nitin Castings'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.
Nitin Castings (BOM:508875) has a Interest Coverage of 13.47 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nitin Castings and its competitors. This is 20% above median its historical median of 11.24. Over the past decade, Nitin Castings' Interest Coverage has ranged from 1.48 to 80.31. According to the industry distribution chart, Nitin Castings ranks #1183 out of 2322 companies in the Industrial Products industry, placing it in the top 50.9%.
Is Nitin Castings' Interest Coverage too high?
Nitin Castings' current Interest Coverage of 13.47 is 20% above median its 10-year median of 11.24. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 80.31. The Industrial Products industry median Interest Coverage is 14.74. Nitin Castings' value of 13.47 is 8.6% below this industry median. Based on the distribution chart, Nitin Castings ranks #1183 out of 2322 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Nitin Castings has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nitin Castings' Interest Coverage compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Nitin Castings ranks #1183 out of 2322 companies for Interest Coverage. This places Nitin Castings in the lower half of its industry. The industry median Interest Coverage is 14.74. Nitin Castings' value of 13.47 is 8.6% below this benchmark. Historically, Nitin Castings' own Interest Coverage has ranged from 1.48 to 80.31 over the past decade. While the company's 10-year median is 11.24 vs. the industry median of 14.74, Nitin Castings has consistently been below 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.74, based on 2,322 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. Nitin Castings's current Interest Coverage of 13.47 is 8.6% below 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 Nitin Castings and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitin Castings's current Interest Coverage is 13.47, which is 20% above median its own 10-year median of 11.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitin Castings stock overvalued right now?
Based on GuruFocus' analysis, Nitin Castings (BOM:508875) is currently considered Fairly Valued. The stock's GF Value™ is ₹592.64, compared to a current price of ₹567.00 — trading 4.3% below its estimated fair value. The current Interest Coverage is 13.47, which is 20% above median its 10-year median of 11.24 and 8.6% below the Industrial Products industry median of 14.74. Nitin Castings' overall GF Score™ is 75/100 with 2 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 Nitin Castings (BOM:508875), the current Interest Coverage is 13.47 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 Nitin Castings (BOM:508875) Overvalued in 2026?
Based on GuruFocus' analysis, Nitin Castings stock appears to be undervalued.
The current stock price of ₹567.00 is trading 4.3% below its estimated GF Value™ of ₹592.64.
GuruFocus considers Nitin Castings to be Fairly Valued.
Key valuation signals for BOM:508875:
Interest Coverage: 13.47 (20% above median its 10-year median of 11.24)
GF Value™: ₹592.64 vs. price of ₹567.00 (4.3% below fair value)
Industry Position: 8.6% below the Industrial Products median (#1183 of 2322)
No single metric tells the full story. See the BOM:508875 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitin Castings Ltd is an Indian based company that operates in the alloy steel castings business. It is involved in the manufacturing of manganese steel, low alloy steel, and chromium steel. The product offered by the group includes balls for ball valves, seat rings, cages, hydrant valves, strainers, grate bars, chain links, side plates, and others. The company operates in a single segment, i.e., Manufacturing of Alloy Steel Castings.
75GF Score
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