The Hi-Tech Gears (BOM:522073) Interest Coverage: 2.57 (As of Mar. 2026) — Near Median


BOM:522073 The Hi-Tech Gears Ltd BOM:522073
65 GF Score
Price ₹650.00
GF Value ₹642.89
Valuation Fairly Valued
! 3 Warning Signs
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What is The Hi-Tech Gears Interest Coverage?

The Hi-Tech Gears BOM:522073 +0.07% 65 Interest Coverage is 2.57 as of Mar. 2026, which is 4% below its 10-year median of 2.69. GuruFocus rates BOM:522073 with a GF Score™ of 65/100 and a GF Value™ of ₹642.89 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,067 Vehicles & Parts companies, The Hi-Tech Gears ranks worse than 80.22% 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. The Hi-Tech Gears's Operating Income for the three months ended in Mar. 2026 was ₹93 Mil. The Hi-Tech Gears's Interest Expense for the three months ended in Mar. 2026 was ₹-36 Mil. The Hi-Tech Gears's interest coverage for the quarter that ended in Mar. 2026 was 2.57. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for The Hi-Tech Gears's Interest Coverage or its related term are showing as below:

BOM:522073' s Interest Coverage Range Over the Past 10 Years
Min: 1.26   Med: 2.69   Max: 9.83
Current: 2.27


BOM:522073's Interest Coverage is ranked worse than
80.22% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 8.41 vs BOM:522073: 2.27

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


The Hi-Tech Gears  (BOM:522073) 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 .


The Hi-Tech Gears Interest Coverage Related Terms


The Hi-Tech Gears Interest Coverage Historical Data

* Premium members only.

The historical data trend for The Hi-Tech Gears'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.

The Hi-Tech Gears Interest Coverage Chart

The Hi-Tech Gears 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 1.26 2.47 2.87 3.39 2.27

The Hi-Tech Gears 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 3.98 2.57 3.02 1.02 2.57

BOM:522073 vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, The Hi-Tech Gears'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.


The Hi-Tech Gears Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, The Hi-Tech Gears's Interest Coverage distribution charts can be found below:

* The bar in red indicates where The Hi-Tech Gears's Interest Coverage falls into.


BOM:522073
65GF Score
The Hi-Tech Gears Ltd BOM:522073
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hi-Tech Gears 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.

The Hi-Tech Gears'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, The Hi-Tech Gears's Interest Expense was ₹-148 Mil. Its Operating Income was ₹338 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,168 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*337.55/-148.49
=2.27

The Hi-Tech Gears's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, The Hi-Tech Gears's Interest Expense was ₹-36 Mil. Its Operating Income was ₹93 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,168 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*92.52/-35.99
=2.57

* 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 2.57 mean?
The Hi-Tech Gears (BOM:522073) has a Interest Coverage of 2.57 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on The Hi-Tech Gears and its competitors. This is near median its historical median of 2.69. Over the past decade, The Hi-Tech Gears' Interest Coverage has ranged from 1.26 to 9.83. According to the industry distribution chart, The Hi-Tech Gears ranks #856 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 80.2%.
Is The Hi-Tech Gears' Interest Coverage too high?
The Hi-Tech Gears' current Interest Coverage of 2.57 is near median its 10-year median of 2.69. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 9.83. The Vehicles & Parts industry median Interest Coverage is 8.41. The Hi-Tech Gears' value of 2.57 is 69.4% below this industry median. Based on the distribution chart, The Hi-Tech Gears ranks #856 out of 1067 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, The Hi-Tech Gears has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does The Hi-Tech Gears' Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, The Hi-Tech Gears ranks #856 out of 1067 companies for Interest Coverage. This places The Hi-Tech Gears in the lower half of its industry. The industry median Interest Coverage is 8.41. The Hi-Tech Gears' value of 2.57 is 69.4% below this benchmark. Historically, The Hi-Tech Gears' own Interest Coverage has ranged from 1.26 to 9.83 over the past decade. While the company's 10-year median is 2.69 vs. the industry median of 8.41, The Hi-Tech Gears 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.41, based on 1,067 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. The Hi-Tech Gears's current Interest Coverage of 2.57 is 69.4% 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 The Hi-Tech Gears and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hi-Tech Gears's current Interest Coverage is 2.57, which is near median its own 10-year median of 2.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hi-Tech Gears stock overvalued right now?
Based on GuruFocus' analysis, The Hi-Tech Gears (BOM:522073) is currently considered Fairly Valued. The stock's GF Value™ is ₹642.89, compared to a current price of ₹650.00 — trading 1.1% above its estimated fair value. The current Interest Coverage is 2.57, which is near median its 10-year median of 2.69 and 69.4% below the Vehicles & Parts industry median of 8.41. The Hi-Tech Gears' overall GF Score™ is 65/100 with 3 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 The Hi-Tech Gears (BOM:522073), the current Interest Coverage is 2.57 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 The Hi-Tech Gears (BOM:522073) Overvalued in 2026?

Based on GuruFocus' analysis, The Hi-Tech Gears stock appears to be overvalued. The current stock price of ₹650.00 is trading 1.1% above its estimated GF Value™ of ₹642.89. GuruFocus considers The Hi-Tech Gears to be Fairly Valued.

Key valuation signals for BOM:522073:

  • Interest Coverage: 2.57 (near median its 10-year median of 2.69)
  • GF Value™: ₹642.89 vs. price of ₹650.00 (1.1% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 69.4% below the Vehicles & Parts median (#856 of 1067)

No single metric tells the full story. See the BOM:522073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Hi-Tech Gears Business Description

Other Exchanges HITECHGEAR:India
Address Sushant Lok 1, Sector 27, Tower B, 14th Floor, Unitech's Millennium plaza, Gurugram, HR, IND, 122009
The Hi-Tech Gears Ltd is a manufacturer of auto components. The company is engaged in the business of gears and transmission components. It provides diverse parts and accessories for motor vehicles such as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalyzers, clutches, steering wheels, steering columns, and steering boxes. The company's product includes power takeoff, car transmission, and driveline components, precision forging or precision machining, and machined sintered components. Geographically, it derives a majority of revenue from India and also has its presence in America and Other countries.
65GF Score

Get the complete analysis for BOM:522073

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

₹650.00
Price
₹642.89
GF Value