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. Tulsyan NEC's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-93 Mil. Tulsyan NEC's Interest Expense for the
three
months ended in Mar. 2026 was ₹-212 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Tulsyan NEC's Interest Coverage or its related term are showing as below:
BOM:513629's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.445 * Ranked among companies with meaningful Interest Coverage only.
Tulsyan NEC (BOM:513629) 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 .
Tulsyan NEC Interest Coverage Related Terms
Tulsyan NEC Interest Coverage Historical Data
* Premium members only.
The historical data trend for Tulsyan NEC'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:513629 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Tulsyan NEC'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.
Tulsyan NEC Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Tulsyan NEC's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Tulsyan NEC'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:
Tulsyan NEC did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Tulsyan NEC (BOM:513629) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tulsyan NEC and its competitors. According to the industry distribution chart, Tulsyan NEC ranks #999999 out of 456 companies in the Steel industry.
Is Tulsyan NEC's Interest Coverage too high?
Tulsyan NEC's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Tulsyan NEC ranks #999999 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Tulsyan NEC has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tulsyan NEC's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Tulsyan NEC ranks #999999 out of 456 companies for Interest Coverage. This places Tulsyan NEC in the lower half of its industry. The industry median Interest Coverage is 4.45. 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. 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 Tulsyan NEC 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. Tulsyan NEC's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tulsyan NEC stock overvalued right now?
Based on GuruFocus' analysis, Tulsyan NEC (BOM:513629) is currently considered Possible Value Trap. The stock's GF Value™ is ₹51.94, compared to a current price of ₹29.00 — trading 44.2% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Tulsyan NEC's overall GF Score™ is 52/100 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 Tulsyan NEC (BOM:513629), the current Interest Coverage is 0 (At Loss) 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 Tulsyan NEC (BOM:513629) Overvalued in 2026?
Based on GuruFocus' analysis, Tulsyan NEC stock appears to be undervalued.
The current stock price of ₹29.00 is trading 44.2% below its estimated GF Value™ of ₹51.94.
GuruFocus considers Tulsyan NEC to be Possible Value Trap.
Key valuation signals for BOM:513629:
Interest Coverage: 0 (At Loss)
GF Value™: ₹51.94 vs. price of ₹29.00 (44.2% below fair value)
No single metric tells the full story. See the BOM:513629 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tulsyan NEC Ltd operates in three segments i.e., (a) Steel Division; (b) Synthetic Division; and (c) Power. Its principal steel products are Thermo Mechanically Treated (TMT) bars. The company is recognized for being the first licensed rolling mill in South India to produce TMT steel rebars, utilizing modern machinery imported from Europe and maintaining a focus on technology, quality, and cost. Tulsyan NEC generates revenue predominantly through the sale of these steel bars, along with power and high-density polyethylene/polypropylene woven sacks under its packaging division. Its operations are concentrated mainly in South India.
52GF Score
Get the complete analysis for BOM:513629
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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