Suraj Products (BOM:518075) Interest Coverage: 62.42 (As of Mar. 2026) — 1003% Above Median

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BOM:518075 Suraj Products Ltd BOM:518075
76 GF Score
Price ₹218.65
GF Value ₹345.31
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Suraj Products Interest Coverage?

Suraj Products BOM:518075 -2.80% 76 Interest Coverage is 62.42 as of Mar. 2026, which is 1003% above its 10-year median of 5.66. GuruFocus rates BOM:518075 with a GF Score™ of 76/100 and a GF Value™ of ₹345.31 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 455 Steel companies, Suraj Products ranks better than 78.46% 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. Suraj Products's Operating Income for the three months ended in Mar. 2026 was ₹96 Mil. Suraj Products's Interest Expense for the three months ended in Mar. 2026 was ₹-2 Mil. Suraj Products's interest coverage for the quarter that ended in Mar. 2026 was 62.42. The higher the ratio, the stronger the company's financial strength is.

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

BOM:518075' s Interest Coverage Range Over the Past 10 Years
Min: 1.31   Med: 5.66   Max: 24.29
Current: 24.29


BOM:518075's Interest Coverage is ranked better than
78.46% of 455 companies
in the Steel industry
Industry Median: 4.57 vs BOM:518075: 24.29

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


Suraj Products  (BOM:518075) 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 .


Suraj Products Interest Coverage Related Terms


Suraj Products Interest Coverage Historical Data

* Premium members only.

The historical data trend for Suraj Products'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.

Suraj Products Interest Coverage Chart

Suraj Products 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 8.21 10.71 12.84 13.33 24.29

Suraj Products 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 15.52 14.65 14.79 26.56 62.42

BOM:518075 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Suraj Products'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.


Suraj Products Interest Coverage vs Steel Industry

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

* The bar in red indicates where Suraj Products's Interest Coverage falls into.


BOM:518075
76GF Score
Suraj Products Ltd BOM:518075
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suraj Products 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.

Suraj Products'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, Suraj Products's Interest Expense was ₹-10 Mil. Its Operating Income was ₹241 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹39 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*240.604/-9.904
=24.29

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

Here, for the three months ended in Mar. 2026, Suraj Products's Interest Expense was ₹-2 Mil. Its Operating Income was ₹96 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹39 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*96.318/-1.543
=62.42

* 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 62.42 mean?
Suraj Products (BOM:518075) has a Interest Coverage of 62.42 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Suraj Products and its competitors. This is 1003% above median its historical median of 5.66. Over the past decade, Suraj Products' Interest Coverage has ranged from 1.31 to 24.29. According to the industry distribution chart, Suraj Products ranks #98 out of 455 companies in the Steel industry, placing it in the top 21.5%.
Is Suraj Products' Interest Coverage too high?
Suraj Products' current Interest Coverage of 62.42 is 1003% above median its 10-year median of 5.66. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 24.29. The Steel industry median Interest Coverage is 4.57. Suraj Products' value of 62.42 is 1265.9% above this industry median. Based on the distribution chart, Suraj Products ranks #98 out of 455 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Suraj Products has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Suraj Products' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Suraj Products ranks #98 out of 455 companies for Interest Coverage. This places Suraj Products in the top 22% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.57. Suraj Products' value of 62.42 is 1265.9% above this benchmark. Historically, Suraj Products' own Interest Coverage has ranged from 1.31 to 24.29 over the past decade. While the company's 10-year median is 5.66 vs. the industry median of 4.57, Suraj Products 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 4.57, 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. Suraj Products's current Interest Coverage of 62.42 is 1265.9% 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 Suraj Products 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. Suraj Products's current Interest Coverage is 62.42, which is 1003% above median its own 10-year median of 5.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suraj Products stock overvalued right now?
Based on GuruFocus' analysis, Suraj Products (BOM:518075) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹345.31, compared to a current price of ₹218.65 — trading 36.7% below its estimated fair value. The current Interest Coverage is 62.42, which is 1003% above median its 10-year median of 5.66 and 1265.9% above the Steel industry median of 4.57. Suraj Products' overall GF Score™ is 76/100 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 Suraj Products (BOM:518075), the current Interest Coverage is 62.42 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 Suraj Products (BOM:518075) Overvalued in 2026?

Based on GuruFocus' analysis, Suraj Products stock appears to be undervalued. The current stock price of ₹218.65 is trading 36.7% below its estimated GF Value™ of ₹345.31. GuruFocus considers Suraj Products to be Significantly Undervalued.

Key valuation signals for BOM:518075:

  • Interest Coverage: 62.42 (1003% above median its 10-year median of 5.66)
  • GF Value™: ₹345.31 vs. price of ₹218.65 (36.7% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 1265.9% above the Steel median (#98 of 455)

No single metric tells the full story. See the BOM:518075 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Suraj Products Business Description

Address Village: Barpali, P.O. Kesaramal Rajgangpur, Sundargarh, OR, IND, 770017
Suraj Products Ltd is in production of Sponge Iron. The company has a single business segment finished products from Iron Ore. The company has products namely TMT Bar, Pig Iron, Sponge Iron, MS Ingot, and others.
76GF Score

Get the complete analysis for BOM:518075

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

₹218.65
Price
₹345.31
GF Value