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Shivagrico ImplementsBOM:522237 +9.14%65 Interest Coverage is 2.02 as of Mar. 2026, which is 85% above its 10-year median of 1.09. GuruFocus rates BOM:522237 with a GF Score™ of 65/100 and a GF Value™ of ₹28.98 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,322 Industrial Products companies, Shivagrico Implements ranks worse than 91.56% 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. Shivagrico Implements's
Operating Income
for the
three
months ended in Mar. 2026 was ₹4.5 Mil. Shivagrico Implements's Interest Expense for the
three
months ended in Mar. 2026 was ₹-2.3 Mil.
Shivagrico Implements's interest coverage for the quarter that ended in Mar. 2026 was 2.02.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Shivagrico Implements Ltd interest coverage is 1.68, which is low.
The historical rank and industry rank for Shivagrico Implements's Interest Coverage or its related term are showing as below:
BOM:522237'
s Interest Coverage Range Over the Past 10 Years
Min: 0.28 Med: 1.09 Max: 1.68
Current: 1.68
BOM:522237's Interest Coverage is ranked worse than 91.56% of 2322
companies
in the Industrial Products industry
Industry Median: 14.735
vs BOM:522237: 1.68
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 .
Shivagrico Implements Interest Coverage Related Terms
Shivagrico Implements Interest Coverage Historical Data
* Premium members only.
The historical data trend for Shivagrico Implements'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:522237 vs SNA, RBC, LECO: Interest Coverage Comparison
For the Tools & Accessories subindustry, Shivagrico Implements'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.
Shivagrico Implements Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shivagrico Implements's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shivagrico Implements'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:
* 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.
Shivagrico Implements (BOM:522237) has a Interest Coverage of 2.02 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shivagrico Implements and its competitors. This is 85% above median its historical median of 1.09. Over the past decade, Shivagrico Implements' Interest Coverage has ranged from 0.28 to 1.68. According to the industry distribution chart, Shivagrico Implements ranks #2126 out of 2322 companies in the Industrial Products industry, placing it in the top 91.6%.
Is Shivagrico Implements' Interest Coverage too high?
Shivagrico Implements' current Interest Coverage of 2.02 is 85% above median its 10-year median of 1.09. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 1.68. The Industrial Products industry median Interest Coverage is 14.74. Shivagrico Implements' value of 2.02 is 86.3% below this industry median. Based on the distribution chart, Shivagrico Implements ranks #2126 out of 2322 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Shivagrico Implements has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shivagrico Implements' Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Shivagrico Implements ranks #2126 out of 2322 companies for Interest Coverage. This places Shivagrico Implements in the lower half of its industry. The industry median Interest Coverage is 14.74. Shivagrico Implements' value of 2.02 is 86.3% below this benchmark. Historically, Shivagrico Implements' own Interest Coverage has ranged from 0.28 to 1.68 over the past decade. While the company's 10-year median is 1.09 vs. the industry median of 14.74, Shivagrico Implements 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.74, based on 2,322 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. Shivagrico Implements's current Interest Coverage of 2.02 is 86.3% 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 Shivagrico Implements and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivagrico Implements's current Interest Coverage is 2.02, which is 85% above median its own 10-year median of 1.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivagrico Implements stock overvalued right now?
Based on GuruFocus' analysis, Shivagrico Implements (BOM:522237) is currently considered Fairly Valued. The stock's GF Value™ is ₹28.98, compared to a current price of ₹26.99 — trading 6.9% below its estimated fair value. The current Interest Coverage is 2.02, which is 85% above median its 10-year median of 1.09 and 86.3% below the Industrial Products industry median of 14.74. Shivagrico Implements' overall GF Score™ is 65/100 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 Shivagrico Implements (BOM:522237), the current Interest Coverage is 2.02 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 Shivagrico Implements (BOM:522237) Overvalued in 2026?
Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued.
The current stock price of ₹26.99 is trading 6.9% below its estimated GF Value™ of ₹28.98.
GuruFocus considers Shivagrico Implements to be Fairly Valued.
Key valuation signals for BOM:522237:
Interest Coverage: 2.02 (85% above median its 10-year median of 1.09)
GF Value™: ₹28.98 vs. price of ₹26.99 (6.9% below fair value)
Industry Position: 86.3% below the Industrial Products median (#2126 of 2322)
No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
65GF Score
Get the complete analysis for BOM:522237
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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