Narmada Macplast Drip Irrigation Systems (BOM:517431) Interest Coverage: No Debt (1) (As of Mar. 2026) — 98% Below Median

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BOM:517431 Narmada Macplast Drip Irrigation Systems Ltd BOM:517431
74 GF Score
Price ₹20.05
GF Value ₹25.56
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Narmada Macplast Drip Irrigation Systems Interest Coverage?

Narmada Macplast Drip Irrigation Systems BOM:517431 +0.25% 74 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 40.98. GuruFocus rates BOM:517431 with a GF Score™ of 74/100 and a GF Value™ of ₹25.56 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Narmada Macplast Drip Irrigation Systems ranks better than 98.82% 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. Narmada Macplast Drip Irrigation Systems's Operating Income for the three months ended in Mar. 2026 was ₹6.1 Mil. Narmada Macplast Drip Irrigation Systems's Interest Expense for the three months ended in Mar. 2026 was ₹0.0 Mil. Narmada Macplast Drip Irrigation Systems has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Narmada Macplast Drip Irrigation Systems's Interest Coverage or its related term are showing as below:

BOM:517431' s Interest Coverage Range Over the Past 10 Years
Min: 10.14   Med: 40.98   Max: No Debt
Current: No Debt


BOM:517431's Interest Coverage is ranked better than
98.82% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.63 vs BOM:517431: No Debt

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


Narmada Macplast Drip Irrigation Systems  (BOM:517431) 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 .


Narmada Macplast Drip Irrigation Systems Interest Coverage Related Terms


Narmada Macplast Drip Irrigation Systems Interest Coverage Historical Data

* Premium members only.

The historical data trend for Narmada Macplast Drip Irrigation Systems'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.

Narmada Macplast Drip Irrigation Systems Interest Coverage Chart

Narmada Macplast Drip Irrigation Systems 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 0.00 0.00 0.00 40.98 No Debt

Narmada Macplast Drip Irrigation Systems 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 No Debt No Debt No Debt No Debt No Debt

BOM:517431 vs CAT, DE, PCAR: Interest Coverage Comparison

For the Farm & Heavy Construction Machinery subindustry, Narmada Macplast Drip Irrigation Systems'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.


Narmada Macplast Drip Irrigation Systems Interest Coverage vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Narmada Macplast Drip Irrigation Systems's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Narmada Macplast Drip Irrigation Systems's Interest Coverage falls into.


BOM:517431
74GF Score
Narmada Macplast Drip Irrigation Systems Ltd BOM:517431
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Narmada Macplast Drip Irrigation Systems 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.

Narmada Macplast Drip Irrigation Systems'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, Narmada Macplast Drip Irrigation Systems's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹22.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Narmada Macplast Drip Irrigation Systems had no debt (1).

Narmada Macplast Drip Irrigation Systems's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Narmada Macplast Drip Irrigation Systems's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹6.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Narmada Macplast Drip Irrigation Systems had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Narmada Macplast Drip Irrigation Systems (BOM:517431) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Narmada Macplast Drip Irrigation Systems and its competitors. This is 98% below median its historical median of 40.98. Over the past decade, Narmada Macplast Drip Irrigation Systems' Interest Coverage has ranged from 10.14 to 10,000.00. According to the industry distribution chart, Narmada Macplast Drip Irrigation Systems ranks #2 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 1.2%.
Is Narmada Macplast Drip Irrigation Systems' Interest Coverage too high?
Narmada Macplast Drip Irrigation Systems' current Interest Coverage of No Debt (1) is 98% below median its 10-year median of 40.98. Over the past 10 years, this metric has ranged from a low of 10.14 to a high of 10,000.00. Based on the distribution chart, Narmada Macplast Drip Irrigation Systems ranks #2 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Narmada Macplast Drip Irrigation Systems has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Macplast Drip Irrigation Systems' Interest Coverage compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Narmada Macplast Drip Irrigation Systems ranks #2 out of 169 companies for Interest Coverage. This places Narmada Macplast Drip Irrigation Systems in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 9.63. Historically, Narmada Macplast Drip Irrigation Systems' own Interest Coverage has ranged from 10.14 to 10,000.00 over the past decade. 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 Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.63, based on 169 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 Narmada Macplast Drip Irrigation Systems and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Macplast Drip Irrigation Systems's current Interest Coverage is No Debt (1), which is 98% below median its own 10-year median of 40.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Macplast Drip Irrigation Systems stock overvalued right now?
Based on GuruFocus' analysis, Narmada Macplast Drip Irrigation Systems (BOM:517431) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹25.56, compared to a current price of ₹20.05 — trading 21.6% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 98% below median its 10-year median of 40.98. Narmada Macplast Drip Irrigation Systems' overall GF Score™ is 74/100 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 Narmada Macplast Drip Irrigation Systems (BOM:517431), the current Interest Coverage is No Debt (1) 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 Narmada Macplast Drip Irrigation Systems (BOM:517431) Overvalued in 2026?

Based on GuruFocus' analysis, Narmada Macplast Drip Irrigation Systems stock appears to be undervalued. The current stock price of ₹20.05 is trading 21.6% below its estimated GF Value™ of ₹25.56. GuruFocus considers Narmada Macplast Drip Irrigation Systems to be Modestly Undervalued.

Key valuation signals for BOM:517431:

  • Interest Coverage: No Debt (1) (98% below median its 10-year median of 40.98)
  • GF Value™: ₹25.56 vs. price of ₹20.05 (21.6% below fair value)
  • GF Score™: 74/100 with 2 warning signs

No single metric tells the full story. See the BOM:517431 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Narmada Macplast Drip Irrigation Systems Business Description

Address Plot Number 119-120, Santej-Vadsar Road, At and Post Santej, Taluka - Kalol, Gandhi Nagar, GJ, IND, 382721
Narmada Macplast Drip Irrigation Systems Ltd is engaged in the trading of drip irrigation systems. Its products include Spray Nozzles, Spray bodies, Rotors 3500 series, among others. It is also engaged in the business of import-export, consultancy of plastic products and raw materials, government Supplies, and liaison work.
74GF Score

Get the complete analysis for BOM:517431

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

₹20.05
Price
₹25.56
GF Value