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. Indbank Merchant Banking Services's
Operating Income
for the
three
months ended in Mar. 2026 was ₹3.3 Mil. Indbank Merchant Banking Services's Interest Expense for the
three
months ended in Mar. 2026 was ₹-0.1 Mil.
Indbank Merchant Banking Services's interest coverage for the quarter that ended in Mar. 2026 was 35.52.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Indbank Merchant Banking Services's Interest Coverage or its related term are showing as below:
BOM:511473'
s Interest Coverage Range Over the Past 10 Years
Min: 1.64 Med: 5.55 Max: 91.67
Current: 42.92
BOM:511473's Interest Coverage is ranked better than 57.67% of 430
companies
in the Capital Markets industry
Industry Median: 19.375
vs BOM:511473: 42.92
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 .
Indbank Merchant Banking Services Interest Coverage Related Terms
Indbank Merchant Banking Services Interest Coverage Historical Data
* 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:511473 vs MS, GS, SCHW: Interest Coverage Comparison
For the Capital Markets subindustry, Indbank Merchant Banking Services'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.
Indbank Merchant Banking Services Interest Coverage vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Indbank Merchant Banking Services's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Indbank Merchant Banking Services'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.
Indbank Merchant Banking Services (BOM:511473) has a Interest Coverage of 35.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indbank Merchant Banking Services and its competitors. This is 540% above median its historical median of 5.55. Over the past decade, Indbank Merchant Banking Services' Interest Coverage has ranged from 1.64 to 91.67. According to the industry distribution chart, Indbank Merchant Banking Services ranks #182 out of 430 companies in the Capital Markets industry, placing it in the top 42.3%.
Is Indbank Merchant Banking Services' Interest Coverage too high?
Indbank Merchant Banking Services' current Interest Coverage of 35.52 is 540% above median its 10-year median of 5.55. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 91.67. The Capital Markets industry median Interest Coverage is 19.38. Indbank Merchant Banking Services' value of 35.52 is 83.3% above this industry median. Based on the distribution chart, Indbank Merchant Banking Services ranks #182 out of 430 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Indbank Merchant Banking Services has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indbank Merchant Banking Services' Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Indbank Merchant Banking Services ranks #182 out of 430 companies for Interest Coverage. This puts Indbank Merchant Banking Services in the upper half of its industry. The industry median Interest Coverage is 19.38. Indbank Merchant Banking Services' value of 35.52 is 83.3% above this benchmark. Historically, Indbank Merchant Banking Services' own Interest Coverage has ranged from 1.64 to 91.67 over the past decade. While the company's 10-year median is 5.55 vs. the industry median of 19.38, Indbank Merchant Banking Services 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 19.38, based on 430 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. Indbank Merchant Banking Services's current Interest Coverage of 35.52 is 83.3% 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 Indbank Merchant Banking Services and its competitors. For the Capital Markets industry, the median Interest Coverage is 19.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indbank Merchant Banking Services's current Interest Coverage is 35.52, which is 540% above median its own 10-year median of 5.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indbank Merchant Banking Services stock overvalued right now?
Based on GuruFocus' analysis, Indbank Merchant Banking Services (BOM:511473) is currently considered Fairly Valued. The stock's GF Value™ is ₹32.03, compared to a current price of ₹33.46 — trading 4.5% above its estimated fair value. The current Interest Coverage is 35.52, which is 540% above median its 10-year median of 5.55 and 83.3% above the Capital Markets industry median of 19.38. Indbank Merchant Banking Services' overall GF Score™ is 76/100 with 5 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 Indbank Merchant Banking Services (BOM:511473), the current Interest Coverage is 35.52 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 Indbank Merchant Banking Services (BOM:511473) Overvalued in 2026?
Based on GuruFocus' analysis, Indbank Merchant Banking Services stock appears to be overvalued.
The current stock price of ₹33.46 is trading 4.5% above its estimated GF Value™ of ₹32.03.
GuruFocus considers Indbank Merchant Banking Services to be Fairly Valued.
Key valuation signals for BOM:511473:
Interest Coverage: 35.52 (540% above median its 10-year median of 5.55)
GF Value™: ₹32.03 vs. price of ₹33.46 (4.5% above fair value)
Industry Position: 83.3% above the Capital Markets median (#182 of 430)
No single metric tells the full story. See the BOM:511473 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indbank Merchant Banking Services Business Description
Indbank Merchant Banking Services Ltd is an India based company engaged in merchant banking activities. It is involved in providing fee-based services which include operations like merchant banking, stock broking, depository participant services, distribution of financial products and allied activities. The company carries its operations in India and generates the majority of the revenue from the stock broking membership operations.
76GF Score
Get the complete analysis for BOM:511473
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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