Indag Rubber (BOM:509162) Interest Coverage: 2.05 (As of Mar. 2026) — 92% Below Median


BOM:509162 Indag Rubber Ltd BOM:509162
72 GF Score
Price ₹109.05
GF Value ₹123.66
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Indag Rubber Interest Coverage?

Indag Rubber BOM:509162 -0.86% 72 Interest Coverage is 2.05 as of Mar. 2026, which is 92% below its 10-year median of 24.97. GuruFocus rates BOM:509162 with a GF Score™ of 72/100 and a GF Value™ of ₹123.66 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,067 Vehicles & Parts companies, Indag Rubber ranks worse than 86.13% 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. Indag Rubber's Operating Income for the three months ended in Mar. 2026 was ₹10 Mil. Indag Rubber's Interest Expense for the three months ended in Mar. 2026 was ₹-5 Mil. Indag Rubber's interest coverage for the quarter that ended in Mar. 2026 was 2.05. The higher the ratio, the stronger the company's financial strength is.

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

BOM:509162' s Interest Coverage Range Over the Past 10 Years
Min: 1.62   Med: 24.97   Max: 65.71
Current: 1.62


BOM:509162's Interest Coverage is ranked worse than
86.13% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 8.31 vs BOM:509162: 1.62

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


Indag Rubber  (BOM:509162) 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 .


Indag Rubber Interest Coverage Related Terms


Indag Rubber Interest Coverage Historical Data

* Premium members only.

The historical data trend for Indag Rubber'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.

Indag Rubber Interest Coverage Chart

Indag Rubber 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 0.00 31.74 18.19 0.00 1.66

Indag Rubber 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 0.00 0.00 5.18 5.18 2.05

BOM:509162 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Indag Rubber'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.


Indag Rubber Interest Coverage vs Vehicles & Parts Industry

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

* The bar in red indicates where Indag Rubber's Interest Coverage falls into.


BOM:509162
72GF Score
Indag Rubber Ltd BOM:509162
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indag Rubber 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.

Indag Rubber'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, Indag Rubber's Interest Expense was ₹-12 Mil. Its Operating Income was ₹20 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹71 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*19.761/-11.894
=1.66

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

Here, for the three months ended in Mar. 2026, Indag Rubber's Interest Expense was ₹-5 Mil. Its Operating Income was ₹10 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹71 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10.402/-5.068
=2.05

* 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 2.05 mean?
Indag Rubber (BOM:509162) has a Interest Coverage of 2.05 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indag Rubber and its competitors. This is 92% below median its historical median of 24.97. Over the past decade, Indag Rubber's Interest Coverage has ranged from 1.62 to 65.71. According to the industry distribution chart, Indag Rubber ranks #919 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 86.1%.
Is Indag Rubber's Interest Coverage too high?
Indag Rubber's current Interest Coverage of 2.05 is 92% below median its 10-year median of 24.97. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 65.71. The Vehicles & Parts industry median Interest Coverage is 8.31. Indag Rubber's value of 2.05 is 75.3% below this industry median. Based on the distribution chart, Indag Rubber ranks #919 out of 1067 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Indag Rubber has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indag Rubber's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Indag Rubber ranks #919 out of 1067 companies for Interest Coverage. This places Indag Rubber in the lower half of its industry. The industry median Interest Coverage is 8.31. Indag Rubber's value of 2.05 is 75.3% below this benchmark. Historically, Indag Rubber's own Interest Coverage has ranged from 1.62 to 65.71 over the past decade. While the company's 10-year median is 24.97 vs. the industry median of 8.31, Indag Rubber 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 a Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.31, based on 1,067 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. Indag Rubber's current Interest Coverage of 2.05 is 75.3% 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 Indag Rubber and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indag Rubber's current Interest Coverage is 2.05, which is 92% below median its own 10-year median of 24.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indag Rubber stock overvalued right now?
Based on GuruFocus' analysis, Indag Rubber (BOM:509162) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹123.66, compared to a current price of ₹109.05 — trading 11.8% below its estimated fair value. The current Interest Coverage is 2.05, which is 92% below median its 10-year median of 24.97 and 75.3% below the Vehicles & Parts industry median of 8.31. Indag Rubber's overall GF Score™ is 72/100 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 Indag Rubber (BOM:509162), the current Interest Coverage is 2.05 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 Indag Rubber (BOM:509162) Overvalued in 2026?

Based on GuruFocus' analysis, Indag Rubber stock appears to be undervalued. The current stock price of ₹109.05 is trading 11.8% below its estimated GF Value™ of ₹123.66. GuruFocus considers Indag Rubber to be Modestly Undervalued.

Key valuation signals for BOM:509162:

  • Interest Coverage: 2.05 (92% below median its 10-year median of 24.97)
  • GF Value™: ₹123.66 vs. price of ₹109.05 (11.8% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 75.3% below the Vehicles & Parts median (#919 of 1067)

No single metric tells the full story. See the BOM:509162 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indag Rubber Business Description

Address 11, Community Centre, 2nd and 3rd Floor, Saket, Khemka house, New Delhi, IND, 110017
Indag Rubber Ltd is engaged in the manufacturing and selling of Precured Tread Rubber and allied products. The company operates in two segments: Precured Tread Rubber segment involved is engaged in the manufacturing of the Precured Tread Rubber, Bonding Repair and Extrusion Gum and Rubber Cement, which are used for retreading of tyres and providing tyre retreading service and allied products/services; and Power conversation system is into the business of manufacturing of power conversion system (PCS) for battery energy storage system (BESS) and power electronics and electronics in the green energy sector.
72GF Score

Get the complete analysis for BOM:509162

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

₹109.05
Price
₹123.66
GF Value