Nidhi GranitesBOM:512103 -4.50%73 Interest Coverage is 21.32 as of Mar. 2026, which is 717% above its 10-year median of 2.61. GuruFocus rates BOM:512103 with a GF Score™ of 73/100 and a GF Value™ of ₹225.48 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 307 Building Materials companies, Nidhi Granites ranks better than 81.43% 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. Nidhi Granites's
Operating Income
for the
three
months ended in Mar. 2026 was ₹30.0 Mil. Nidhi Granites's Interest Expense for the
three
months ended in Mar. 2026 was ₹-1.4 Mil.
Nidhi Granites's interest coverage for the quarter that ended in Mar. 2026 was 21.32.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nidhi Granites's Interest Coverage or its related term are showing as below:
BOM:512103'
s Interest Coverage Range Over the Past 10 Years
Min: 2.15 Med: 2.61 Max: 51.16
Current: 34.55
BOM:512103's Interest Coverage is ranked better than 81.43% of 307
companies
in the Building Materials industry
Industry Median: 6.63
vs BOM:512103: 34.55
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 .
Nidhi Granites Interest Coverage Related Terms
Nidhi Granites Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nidhi Granites'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:512103 vs CRH, VMC, MLM: Interest Coverage Comparison
For the Building Materials subindustry, Nidhi Granites'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.
Nidhi Granites Interest Coverage vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Nidhi Granites's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nidhi Granites'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.
Nidhi Granites (BOM:512103) has a Interest Coverage of 21.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nidhi Granites and its competitors. This is 717% above median its historical median of 2.61. Over the past decade, Nidhi Granites' Interest Coverage has ranged from 2.15 to 51.16. According to the industry distribution chart, Nidhi Granites ranks #57 out of 307 companies in the Building Materials industry, placing it in the top 18.6%.
Is Nidhi Granites' Interest Coverage too high?
Nidhi Granites' current Interest Coverage of 21.32 is 717% above median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 51.16. The Building Materials industry median Interest Coverage is 6.63. Nidhi Granites' value of 21.32 is 221.6% above this industry median. Based on the distribution chart, Nidhi Granites ranks #57 out of 307 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Nidhi Granites has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nidhi Granites' Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Nidhi Granites ranks #57 out of 307 companies for Interest Coverage. This places Nidhi Granites in the top 19% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 6.63. Nidhi Granites' value of 21.32 is 221.6% above this benchmark. Historically, Nidhi Granites' own Interest Coverage has ranged from 2.15 to 51.16 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 6.63, Nidhi Granites 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 307 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. Nidhi Granites's current Interest Coverage of 21.32 is 221.6% 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 Nidhi Granites and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nidhi Granites's current Interest Coverage is 21.32, which is 717% above median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nidhi Granites stock overvalued right now?
Based on GuruFocus' analysis, Nidhi Granites (BOM:512103) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹225.48, compared to a current price of ₹353.35 — trading 56.7% above its estimated fair value. The current Interest Coverage is 21.32, which is 717% above median its 10-year median of 2.61 and 221.6% above the Building Materials industry median of 6.63. Nidhi Granites' overall GF Score™ is 73/100 with 4 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 Nidhi Granites (BOM:512103), the current Interest Coverage is 21.32 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 Nidhi Granites (BOM:512103) Overvalued in 2026?
Based on GuruFocus' analysis, Nidhi Granites stock appears to be overvalued.
The current stock price of ₹353.35 is trading 56.7% above its estimated GF Value™ of ₹225.48.
GuruFocus considers Nidhi Granites to be Significantly Overvalued.
Key valuation signals for BOM:512103:
Interest Coverage: 21.32 (717% above median its 10-year median of 2.61)
GF Value™: ₹225.48 vs. price of ₹353.35 (56.7% above fair value)
Industry Position: 221.6% above the Building Materials median (#57 of 307)
No single metric tells the full story. See the BOM:512103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nidhi Granites Ltd is an India-based company engaged in the business of manufacturing and trading of granite and marble slabs, tiles, sandstone, and limestone products. investment activities. Its segments include Paper and Paperboard, Garments, and Construction materials. The company is also engaged in share trading and investment in shares and mutual funds.
73GF Score
Get the complete analysis for BOM:512103
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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