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Indian Toners & DevelopersBOM:523586 -0.41%83 Interest Coverage is 229.56 as of Mar. 2026, which is 149% above its 10-year median of 92.18. GuruFocus rates BOM:523586 with a GF Score™ of 83/100 and a GF Value™ of ₹301.50 (Fairly Valued). Among 1,232 Chemicals companies, Indian Toners & Developers ranks better than 88.56% 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. Indian Toners & Developers's
Operating Income
for the
three
months ended in Mar. 2026 was ₹89 Mil. Indian Toners & Developers's Interest Expense for the
three
months ended in Mar. 2026 was ₹-0 Mil.
Indian Toners & Developers's interest coverage for the quarter that ended in Mar. 2026 was 229.56.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Indian Toners & Developers Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Indian Toners & Developers's Interest Coverage or its related term are showing as below:
BOM:523586'
s Interest Coverage Range Over the Past 10 Years
Min: 16.9 Med: 92.18 Max: 170.24
Current: 169.66
BOM:523586's Interest Coverage is ranked better than 88.56% of 1232
companies
in the Chemicals industry
Industry Median: 10.13
vs BOM:523586: 169.66
Indian Toners & Developers (BOM:523586) 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 .
Indian Toners & Developers Interest Coverage Related Terms
Indian Toners & Developers Interest Coverage Historical Data
* 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.
Indian Toners & Developers Interest Coverage Chart
BOM:523586 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Indian Toners & Developers'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.
Indian Toners & Developers Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indian Toners & Developers's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Indian Toners & Developers's Interest Coverage falls into.
Indian Toners & Developers 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:
* 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.
Indian Toners & Developers (BOM:523586) has a Interest Coverage of 229.56 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indian Toners & Developers and its competitors. This is 149% above median its historical median of 92.18. Over the past decade, Indian Toners & Developers' Interest Coverage has ranged from 16.90 to 170.24. According to the industry distribution chart, Indian Toners & Developers ranks #141 out of 1232 companies in the Chemicals industry, placing it in the top 11.4%.
Is Indian Toners & Developers' Interest Coverage too high?
Indian Toners & Developers' current Interest Coverage of 229.56 is 149% above median its 10-year median of 92.18. Over the past 10 years, this metric has ranged from a low of 16.90 to a high of 170.24. The Chemicals industry median Interest Coverage is 10.13. Indian Toners & Developers' value of 229.56 is 2166.1% above this industry median. Based on the distribution chart, Indian Toners & Developers ranks #141 out of 1232 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Toners & Developers has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Toners & Developers' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Indian Toners & Developers ranks #141 out of 1232 companies for Interest Coverage. This places Indian Toners & Developers in the top 11% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.13. Indian Toners & Developers' value of 229.56 is 2166.1% above this benchmark. Historically, Indian Toners & Developers' own Interest Coverage has ranged from 16.90 to 170.24 over the past decade. While the company's 10-year median is 92.18 vs. the industry median of 10.13, Indian Toners & Developers 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.13, based on 1,232 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. Indian Toners & Developers's current Interest Coverage of 229.56 is 2166.1% 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 Indian Toners & Developers and its competitors. For the Chemicals industry, the median Interest Coverage is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Toners & Developers's current Interest Coverage is 229.56, which is 149% above median its own 10-year median of 92.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Toners & Developers stock overvalued right now?
Based on GuruFocus' analysis, Indian Toners & Developers (BOM:523586) is currently considered Fairly Valued. The stock's GF Value™ is ₹301.50, compared to a current price of ₹292.25 — trading 3.1% below its estimated fair value. The current Interest Coverage is 229.56, which is 149% above median its 10-year median of 92.18 and 2166.1% above the Chemicals industry median of 10.13. Indian Toners & Developers' overall GF Score™ is 83/100. 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 Indian Toners & Developers (BOM:523586), the current Interest Coverage is 229.56 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 Indian Toners & Developers (BOM:523586) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Toners & Developers stock appears to be undervalued.
The current stock price of ₹292.25 is trading 3.1% below its estimated GF Value™ of ₹301.50.
GuruFocus considers Indian Toners & Developers to be Fairly Valued.
Key valuation signals for BOM:523586:
Interest Coverage: 229.56 (149% above median its 10-year median of 92.18)
GF Value™: ₹301.50 vs. price of ₹292.25 (3.1% below fair value)
Industry Position: 2166.1% above the Chemicals median (#141 of 1232)
No single metric tells the full story. See the BOM:523586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Toners & Developers Ltd is a manufacturer of toners and developers. The company is engaged in the business of producing and exporting compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers as well as wide-format printers and copiers. The only reporting segment of the company is a manufacturer of compatible toner. Its geographical segment includes Domestic sales and Export sales. The company's product consists of chemical color toner, laser toner, copier or digital toner, wide format copiers and printer toner and packaging.
83GF Score
Get the complete analysis for BOM:523586
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