Mahamaya Steel IndustriesBOM:513554 +3.41%51 Interest Coverage is 16.81 as of Mar. 2026, which is 776% above its 10-year median of 1.92. GuruFocus rates BOM:513554 with a GF Score™ of 51/100 and a GF Value™ of ₹245.86 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 456 Steel companies, Mahamaya Steel Industries ranks better than 55.26% 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. Mahamaya Steel Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹195 Mil. Mahamaya Steel Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-12 Mil.
Mahamaya Steel Industries's interest coverage for the quarter that ended in Mar. 2026 was 16.81.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mahamaya Steel Industries's Interest Coverage or its related term are showing as below:
BOM:513554'
s Interest Coverage Range Over the Past 10 Years
Min: 1.03 Med: 1.92 Max: 5.74
Current: 5.74
BOM:513554's Interest Coverage is ranked better than 55.26% of 456
companies
in the Steel industry
Industry Median: 4.445
vs BOM:513554: 5.74
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 .
Mahamaya Steel Industries Interest Coverage Related Terms
Mahamaya Steel Industries 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:513554 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Mahamaya Steel Industries'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.
Mahamaya Steel Industries Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Mahamaya Steel Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mahamaya Steel Industries'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.
Mahamaya Steel Industries (BOM:513554) has a Interest Coverage of 16.81 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mahamaya Steel Industries and its competitors. This is 776% above median its historical median of 1.92. Over the past decade, Mahamaya Steel Industries' Interest Coverage has ranged from 1.03 to 5.74. According to the industry distribution chart, Mahamaya Steel Industries ranks #204 out of 456 companies in the Steel industry, placing it in the top 44.7%.
Is Mahamaya Steel Industries' Interest Coverage too high?
Mahamaya Steel Industries' current Interest Coverage of 16.81 is 776% above median its 10-year median of 1.92. Over the past 10 years, this metric has ranged from a low of 1.03 to a high of 5.74. The Steel industry median Interest Coverage is 4.45. Mahamaya Steel Industries' value of 16.81 is 278.2% above this industry median. Based on the distribution chart, Mahamaya Steel Industries ranks #204 out of 456 companies in the Steel industry, which is above the industry midpoint. Overall, Mahamaya Steel Industries has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahamaya Steel Industries' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Mahamaya Steel Industries ranks #204 out of 456 companies for Interest Coverage. This puts Mahamaya Steel Industries in the upper half of its industry. The industry median Interest Coverage is 4.45. Mahamaya Steel Industries' value of 16.81 is 278.2% above this benchmark. Historically, Mahamaya Steel Industries' own Interest Coverage has ranged from 1.03 to 5.74 over the past decade. While the company's 10-year median is 1.92 vs. the industry median of 4.45, Mahamaya Steel Industries 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Mahamaya Steel Industries's current Interest Coverage of 16.81 is 278.2% 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 Mahamaya Steel Industries and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahamaya Steel Industries's current Interest Coverage is 16.81, which is 776% above median its own 10-year median of 1.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahamaya Steel Industries stock overvalued right now?
Based on GuruFocus' analysis, Mahamaya Steel Industries (BOM:513554) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹245.86, compared to a current price of ₹799.75 — trading 225.3% above its estimated fair value. The current Interest Coverage is 16.81, which is 776% above median its 10-year median of 1.92 and 278.2% above the Steel industry median of 4.45. Mahamaya Steel Industries' 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 Mahamaya Steel Industries (BOM:513554), the current Interest Coverage is 16.81 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 Mahamaya Steel Industries (BOM:513554) Overvalued in 2026?
Based on GuruFocus' analysis, Mahamaya Steel Industries stock appears to be overvalued.
The current stock price of ₹799.75 is trading 225.3% above its estimated GF Value™ of ₹245.86.
GuruFocus considers Mahamaya Steel Industries to be Significantly Overvalued.
Key valuation signals for BOM:513554:
Interest Coverage: 16.81 (776% above median its 10-year median of 1.92)
GF Value™: ₹245.86 vs. price of ₹799.75 (225.3% above fair value)
Industry Position: 278.2% above the Steel median (#204 of 456)
No single metric tells the full story. See the BOM:513554 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahamaya Steel Industries Ltd is engaged in the manufacturing of steel structures in the shape of angles, beams, joists, channels, rounds, flats, and railway sleepers among others. It has high-capacity structural rolling mills with full-fledged supportive SMS.
51GF Score
Get the complete analysis for BOM:513554
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