Sangal Papers (BOM:516096) Interest Coverage: 3.04 (As of Mar. 2026) — 33% Above Median


BOM:516096 Sangal Papers Ltd BOM:516096
62 GF Score
Price ₹156.95
GF Value ₹182.02
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Sangal Papers Interest Coverage?

Sangal Papers BOM:516096 +0.67% 62 Interest Coverage is 3.04 as of Mar. 2026, which is 33% above its 10-year median of 2.29. GuruFocus rates BOM:516096 with a GF Score™ of 62/100 and a GF Value™ of ₹182.02 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 182 Forest Products companies, Sangal Papers ranks worse than 68.13% 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. Sangal Papers's Operating Income for the three months ended in Mar. 2026 was ₹16 Mil. Sangal Papers's Interest Expense for the three months ended in Mar. 2026 was ₹-5 Mil. Sangal Papers's interest coverage for the quarter that ended in Mar. 2026 was 3.04. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Sangal Papers's Interest Coverage or its related term are showing as below:

BOM:516096' s Interest Coverage Range Over the Past 10 Years
Min: 1.63   Med: 2.29   Max: 4.9
Current: 2.12


BOM:516096's Interest Coverage is ranked worse than
68.13% of 182 companies
in the Forest Products industry
Industry Median: 3.995 vs BOM:516096: 2.12

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Sangal Papers  (BOM:516096) 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 .


Sangal Papers Interest Coverage Related Terms


Sangal Papers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sangal Papers'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.

Sangal Papers Interest Coverage Chart

Sangal Papers Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 2.80 2.16 2.33 2.12

Sangal Papers Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.72 2.67 1.18 1.61 3.04

Sangal Papers Interest Coverage Competitor Comparison

For the Paper & Paper Products subindustry, Sangal Papers'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.


Sangal Papers Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sangal Papers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sangal Papers's Interest Coverage falls into.


BOM:516096
62GF Score
Sangal Papers Ltd BOM:516096
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sangal Papers Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Sangal Papers's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Sangal Papers's Interest Expense was ₹-22 Mil. Its Operating Income was ₹47 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹130 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*46.559/-21.936
=2.12

Sangal Papers's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Sangal Papers's Interest Expense was ₹-5 Mil. Its Operating Income was ₹16 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹130 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*16.342/-5.372
=3.04

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.04 mean?
Sangal Papers (BOM:516096) has a Interest Coverage of 3.04 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sangal Papers and its competitors. This is 33% above median its historical median of 2.29. Over the past decade, Sangal Papers' Interest Coverage has ranged from 1.63 to 4.90. According to the industry distribution chart, Sangal Papers ranks #124 out of 182 companies in the Forest Products industry, placing it in the top 68.1%.
Is Sangal Papers' Interest Coverage too high?
Sangal Papers' current Interest Coverage of 3.04 is 33% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 4.90. The Forest Products industry median Interest Coverage is 4.00. Sangal Papers' value of 3.04 is 23.9% below this industry median. Based on the distribution chart, Sangal Papers ranks #124 out of 182 companies in the Forest Products industry, which is below the industry midpoint. Overall, Sangal Papers has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sangal Papers' Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Sangal Papers ranks #124 out of 182 companies for Interest Coverage. This places Sangal Papers in the lower half of its industry. The industry median Interest Coverage is 4.00. Sangal Papers' value of 3.04 is 23.9% below this benchmark. Historically, Sangal Papers' own Interest Coverage has ranged from 1.63 to 4.90 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 4.00, Sangal Papers 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 4.00, based on 182 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. Sangal Papers's current Interest Coverage of 3.04 is 23.9% 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 Sangal Papers and its competitors. For the Forest Products industry, the median Interest Coverage is 4.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sangal Papers's current Interest Coverage is 3.04, which is 33% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sangal Papers stock overvalued right now?
Based on GuruFocus' analysis, Sangal Papers (BOM:516096) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹182.02, compared to a current price of ₹156.95 — trading 13.8% below its estimated fair value. The current Interest Coverage is 3.04, which is 33% above median its 10-year median of 2.29 and 23.9% below the Forest Products industry median of 4.00. Sangal Papers' overall GF Score™ is 62/100 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 Sangal Papers (BOM:516096), the current Interest Coverage is 3.04 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 Sangal Papers (BOM:516096) Overvalued in 2026?

Based on GuruFocus' analysis, Sangal Papers stock appears to be undervalued. The current stock price of ₹156.95 is trading 13.8% below its estimated GF Value™ of ₹182.02. GuruFocus considers Sangal Papers to be Modestly Undervalued.

Key valuation signals for BOM:516096:

  • Interest Coverage: 3.04 (33% above median its 10-year median of 2.29)
  • GF Value™: ₹182.02 vs. price of ₹156.95 (13.8% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 23.9% below the Forest Products median (#124 of 182)

No single metric tells the full story. See the BOM:516096 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sangal Papers Business Description

Address 22km stone, Meerut-Mawana road, Village Bhainsa, Mawana, Meerut, UP, IND, 250401
Sangal Papers Ltd is an India-based company. Its main business activity involves the manufacturing and trading of paper and paper products. The company's product line includes envelope papers, ribbed papers, packing and lamination papers, scrapbook and crafts paper, color paper, writing and printing paper, stationery papers, newsprint papers, and others. The company sells its products in India and also exports to international countries, with the majority of its revenue coming from sales within India.
62GF Score

Get the complete analysis for BOM:516096

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹156.95
Price
₹182.02
GF Value