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Ashiana IspatBOM:513401 51 Interest Coverage is 0.49 as of Mar. 2026, which is 64% below its 10-year median of 1.35. GuruFocus rates BOM:513401 with a GF Score™ of 51/100 and a GF Value™ of ₹239.87 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 455 Steel companies, Ashiana Ispat ranks worse than 70.33% 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. Ashiana Ispat's
Operating Income
for the
three
months ended in Mar. 2026 was ₹5 Mil. Ashiana Ispat's Interest Expense for the
three
months ended in Mar. 2026 was ₹-10 Mil.
Ashiana Ispat's interest coverage for the quarter that ended in Mar. 2026 was 0.49.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ashiana Ispat's Interest Coverage or its related term are showing as below:
BOM:513401'
s Interest Coverage Range Over the Past 10 Years
Min: 0.8 Med: 1.35 Max: 2.52
Current: 2.52
BOM:513401's Interest Coverage is ranked worse than 70.33% of 455
companies
in the Steel industry
Industry Median: 4.57
vs BOM:513401: 2.52
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 .
Ashiana Ispat Interest Coverage Related Terms
Ashiana Ispat Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ashiana Ispat'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:513401 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Ashiana Ispat'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.
Ashiana Ispat Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Ashiana Ispat's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ashiana Ispat'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.
Ashiana Ispat (BOM:513401) has a Interest Coverage of 0.49 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ashiana Ispat and its competitors. This is 64% below median its historical median of 1.35. Over the past decade, Ashiana Ispat's Interest Coverage has ranged from 0.80 to 2.52. According to the industry distribution chart, Ashiana Ispat ranks #320 out of 455 companies in the Steel industry, placing it in the top 70.3%.
Is Ashiana Ispat's Interest Coverage too high?
Ashiana Ispat's current Interest Coverage of 0.49 is 64% below median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 2.52. The Steel industry median Interest Coverage is 4.57. Ashiana Ispat's value of 0.49 is 89.3% below this industry median. Based on the distribution chart, Ashiana Ispat ranks #320 out of 455 companies in the Steel industry, which is below the industry midpoint. Overall, Ashiana Ispat has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ashiana Ispat's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Ashiana Ispat ranks #320 out of 455 companies for Interest Coverage. This places Ashiana Ispat in the lower half of its industry. The industry median Interest Coverage is 4.57. Ashiana Ispat's value of 0.49 is 89.3% below this benchmark. Historically, Ashiana Ispat's own Interest Coverage has ranged from 0.80 to 2.52 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 4.57, Ashiana Ispat 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 Steel company?
The median Interest Coverage among Steel companies is 4.57, based on 455 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. Ashiana Ispat's current Interest Coverage of 0.49 is 89.3% 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 Ashiana Ispat and its competitors. For the Steel industry, the median Interest Coverage is 4.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashiana Ispat's current Interest Coverage is 0.49, which is 64% below median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashiana Ispat stock overvalued right now?
Based on GuruFocus' analysis, Ashiana Ispat (BOM:513401) is currently considered Possible Value Trap. The stock's GF Value™ is ₹239.87, compared to a current price of ₹17.50 — trading 92.7% below its estimated fair value. The current Interest Coverage is 0.49, which is 64% below median its 10-year median of 1.35 and 89.3% below the Steel industry median of 4.57. Ashiana Ispat's overall GF Score™ is 51/100 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 Ashiana Ispat (BOM:513401), the current Interest Coverage is 0.49 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 Ashiana Ispat (BOM:513401) Overvalued in 2026?
Based on GuruFocus' analysis, Ashiana Ispat stock appears to be undervalued.
The current stock price of ₹17.50 is trading 92.7% below its estimated GF Value™ of ₹239.87.
GuruFocus considers Ashiana Ispat to be Possible Value Trap.
Key valuation signals for BOM:513401:
Interest Coverage: 0.49 (64% below median its 10-year median of 1.35)
GF Value™: ₹239.87 vs. price of ₹17.50 (92.7% below fair value)
Industry Position: 89.3% below the Steel median (#320 of 455)
No single metric tells the full story. See the BOM:513401 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashiana Ispat Ltd is a steel company. It is engaged in the manufacturing of value-added steel for domestic construction, engineering, automotive, and infrastructure sectors. It manufactures thermo-mechanically treated bars (TMT) and cold twisted deformed bars (CTD).
51GF Score
Get the complete analysis for BOM:513401
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