Marksans Pharma (BOM:524404) Interest Coverage: 27.12 (As of Mar. 2026) — 20% Below Median


BOM:524404 Marksans Pharma Ltd BOM:524404
86 GF Score
Price ₹263.50
GF Value ₹228.54
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Marksans Pharma Interest Coverage?

Marksans Pharma BOM:524404 +0.94% 86 Interest Coverage is 27.12 as of Mar. 2026, which is 20% below its 10-year median of 33.97. GuruFocus rates BOM:524404 with a GF Score™ of 86/100 and a GF Value™ of ₹228.54 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 685 Drug Manufacturers companies, Marksans Pharma ranks better than 59.56% 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. Marksans Pharma's Operating Income for the three months ended in Mar. 2026 was ₹1,711 Mil. Marksans Pharma's Interest Expense for the three months ended in Mar. 2026 was ₹-63 Mil. Marksans Pharma's interest coverage for the quarter that ended in Mar. 2026 was 27.12. The higher the ratio, the stronger the company's financial strength is.

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

BOM:524404' s Interest Coverage Range Over the Past 10 Years
Min: 0.71   Med: 33.97   Max: 91.93
Current: 20.81


BOM:524404's Interest Coverage is ranked better than
59.56% of 685 companies
in the Drug Manufacturers industry
Industry Median: 12.75 vs BOM:524404: 20.81

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


Marksans Pharma  (BOM:524404) 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 .


Marksans Pharma Interest Coverage Related Terms


Marksans Pharma Interest Coverage Historical Data

* Premium members only.

The historical data trend for Marksans Pharma'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.

Marksans Pharma Interest Coverage Chart

Marksans Pharma 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 40.21 54.46 34.59 38.53 20.81

Marksans Pharma 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 30.33 12.70 20.22 22.98 27.12

BOM:524404 vs LLY, JNJ, ABBV: Interest Coverage Comparison

For the Drug Manufacturers - General subindustry, Marksans Pharma'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.


Marksans Pharma Interest Coverage vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Marksans Pharma's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Marksans Pharma's Interest Coverage falls into.


BOM:524404
86GF Score
Marksans Pharma Ltd BOM:524404
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marksans Pharma 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.

Marksans Pharma'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, Marksans Pharma's Interest Expense was ₹-241 Mil. Its Operating Income was ₹5,021 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,701 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5021.47/-241.25
=20.81

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

Here, for the three months ended in Mar. 2026, Marksans Pharma's Interest Expense was ₹-63 Mil. Its Operating Income was ₹1,711 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,701 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1711.34/-63.1
=27.12

* 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 27.12 mean?
Marksans Pharma (BOM:524404) has a Interest Coverage of 27.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Marksans Pharma and its competitors. This is 20% below median its historical median of 33.97. Over the past decade, Marksans Pharma's Interest Coverage has ranged from 0.71 to 91.93. According to the industry distribution chart, Marksans Pharma ranks #277 out of 685 companies in the Drug Manufacturers industry, placing it in the top 40.4%.
Is Marksans Pharma's Interest Coverage too high?
Marksans Pharma's current Interest Coverage of 27.12 is 20% below median its 10-year median of 33.97. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 91.93. The Drug Manufacturers industry median Interest Coverage is 12.75. Marksans Pharma's value of 27.12 is 112.7% above this industry median. Based on the distribution chart, Marksans Pharma ranks #277 out of 685 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Marksans Pharma has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marksans Pharma's Interest Coverage compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Marksans Pharma ranks #277 out of 685 companies for Interest Coverage. This puts Marksans Pharma in the upper half of its industry. The industry median Interest Coverage is 12.75. Marksans Pharma's value of 27.12 is 112.7% above this benchmark. Historically, Marksans Pharma's own Interest Coverage has ranged from 0.71 to 91.93 over the past decade. While the company's 10-year median is 33.97 vs. the industry median of 12.75, Marksans Pharma 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 Drug Manufacturers company?
The median Interest Coverage among Drug Manufacturers companies is 12.75, based on 685 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. Marksans Pharma's current Interest Coverage of 27.12 is 112.7% 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 Marksans Pharma and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 12.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marksans Pharma's current Interest Coverage is 27.12, which is 20% below median its own 10-year median of 33.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marksans Pharma stock overvalued right now?
Based on GuruFocus' analysis, Marksans Pharma (BOM:524404) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹228.54, compared to a current price of ₹263.50 — trading 15.3% above its estimated fair value. The current Interest Coverage is 27.12, which is 20% below median its 10-year median of 33.97 and 112.7% above the Drug Manufacturers industry median of 12.75. Marksans Pharma's overall GF Score™ is 86/100 with 6 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 Marksans Pharma (BOM:524404), the current Interest Coverage is 27.12 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 Marksans Pharma (BOM:524404) Overvalued in 2026?

Based on GuruFocus' analysis, Marksans Pharma stock appears to be overvalued. The current stock price of ₹263.50 is trading 15.3% above its estimated GF Value™ of ₹228.54. GuruFocus considers Marksans Pharma to be Modestly Overvalued.

Key valuation signals for BOM:524404:

  • Interest Coverage: 27.12 (20% below median its 10-year median of 33.97)
  • GF Value™: ₹228.54 vs. price of ₹263.50 (15.3% above fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 112.7% above the Drug Manufacturers median (#277 of 685)

No single metric tells the full story. See the BOM:524404 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Marksans Pharma Business Description

Other Exchanges MARKSANS:India
Address Veera Desai Extension Road, 11th Floor, Grandeur, Opposite Gundecha Symphony, Oshiwara, Andheri (West), Mumbai, MH, IND, 400053
Marksans Pharma Ltd is a pharmaceutical company. The company is engaged in the research, manufacturing, and marketing of pharmaceutical formulations. It manufactures analgesics, gastroenterology, anti-diabetic, cardiovascular, pain management, gynecology, gastrointestinal, and oncologic drugs as well as antibiotics and antiallergic medications. Geographically, the majority of its revenue is generated from the United States and North America, followed by Europe and the UK, Australia and New Zealand, and the Rest of the World.
86GF Score

Get the complete analysis for BOM:524404

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

₹263.50
Price
₹228.54
GF Value