IEL (BOM:524614) Interest Coverage: 539.29 (As of Jun. 2026) — 22% Below Median

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BOM:524614 IEL Ltd BOM:524614
39 GF Score
Price ₹5.26
GF Value ₹0.39
Valuation Significantly Overvalued
! 4 Warning Signs
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What is IEL Interest Coverage?

IEL BOM:524614 -2.05% 39 Interest Coverage is 539.29 as of Jun. 2026, which is 22% below its 10-year median of 688.20. GuruFocus rates BOM:524614 with a GF Score™ of 39/100 and a GF Value™ of ₹0.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,277 Chemicals companies, IEL ranks better than 54.58% 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. IEL's Operating Income for the three months ended in Jun. 2026 was ₹3.78 Mil. IEL's Interest Expense for the three months ended in Jun. 2026 was ₹0.00 Mil. IEL's interest coverage for the quarter that ended in Jun. 2026 was 539.29. The higher the ratio, the stronger the company's financial strength is.

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

BOM:524614' s Interest Coverage Range Over the Past 10 Years
Min: 14.81   Med: 688.2   Max: 5121
Current: 14.81


BOM:524614's Interest Coverage is ranked better than
54.58% of 1277 companies
in the Chemicals industry
Industry Median: 11.53 vs BOM:524614: 14.81

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


IEL  (BOM:524614) 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 .


IEL Interest Coverage Related Terms


IEL Interest Coverage Historical Data

* Premium members only.

The historical data trend for IEL'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.

IEL Interest Coverage Chart

IEL 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 0.00 546.87 630.27 366.36 0.00

IEL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 492.67 5.75 539.29

BOM:524614 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, IEL'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.


IEL Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, IEL's Interest Coverage distribution charts can be found below:

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


BOM:524614
39GF Score
IEL Ltd BOM:524614
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

IEL 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.

IEL'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, IEL's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-0.67 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹14.64 Mil.

GuruFocus does not calculate IEL's interest coverage with the available data.

IEL's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, IEL's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹3.78 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹ Mil.

IEL had no debt (1).

* 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 539.29 mean?
IEL (BOM:524614) has a Interest Coverage of 539.29 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IEL and its competitors. This is 22% below median its historical median of 688.20. Over the past decade, IEL's Interest Coverage has ranged from 14.81 to 5,121.00. According to the industry distribution chart, IEL ranks #580 out of 1277 companies in the Chemicals industry, placing it in the top 45.4%.
Is IEL's Interest Coverage too high?
IEL's current Interest Coverage of 539.29 is 22% below median its 10-year median of 688.20. Over the past 10 years, this metric has ranged from a low of 14.81 to a high of 5,121.00. The Chemicals industry median Interest Coverage is 11.53. IEL's value of 539.29 is 4577.3% above this industry median. Based on the distribution chart, IEL ranks #580 out of 1277 companies in the Chemicals industry, which is above the industry midpoint. Overall, IEL has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IEL's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, IEL ranks #580 out of 1277 companies for Interest Coverage. This puts IEL in the upper half of its industry. The industry median Interest Coverage is 11.53. IEL's value of 539.29 is 4577.3% above this benchmark. Historically, IEL's own Interest Coverage has ranged from 14.81 to 5,121.00 over the past decade. While the company's 10-year median is 688.20 vs. the industry median of 11.53, IEL 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 11.53, based on 1,277 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. IEL's current Interest Coverage of 539.29 is 4577.3% 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 IEL and its competitors. For the Chemicals industry, the median Interest Coverage is 11.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IEL's current Interest Coverage is 539.29, which is 22% below median its own 10-year median of 688.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IEL stock overvalued right now?
Based on GuruFocus' analysis, IEL (BOM:524614) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.39, compared to a current price of ₹5.26 — trading 1248.7% above its estimated fair value. The current Interest Coverage is 539.29, which is 22% below median its 10-year median of 688.20 and 4577.3% above the Chemicals industry median of 11.53. IEL's overall GF Score™ is 39/100 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 IEL (BOM:524614), the current Interest Coverage is 539.29 as of Jun. 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 IEL (BOM:524614) Overvalued in 2026?

Based on GuruFocus' analysis, IEL stock appears to be overvalued. The current stock price of ₹5.26 is trading 1248.7% above its estimated GF Value™ of ₹0.39. GuruFocus considers IEL to be Significantly Overvalued.

Key valuation signals for BOM:524614:

  • Interest Coverage: 539.29 (22% below median its 10-year median of 688.20)
  • GF Value™: ₹0.39 vs. price of ₹5.26 (1248.7% above fair value)
  • GF Score™: 39/100 with 4 warning signs
  • Industry Position: 4577.3% above the Chemicals median (#580 of 1277)

No single metric tells the full story. See the BOM:524614 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


IEL Business Description

Address Shed No. 15, Shyam Hari Industrial Estate, Phase 4, GIDC, Vatva, Ahmedabad, GJ, IND, 382445
IEL Ltd is in the business of manufacturing, trading and marketing of all kinds of chemicals, pharmaceuticals, drug intermediates, etc., as also into the business or trade or activities of providing services in the areas of warehousing, leasing, renting, hire-purchase, market support services, distributors, information technology consultancy or related products, health or medical services, business support services, advisory or research services in any field, industrial or project consultancy and outsourcing activities of any nature.
39GF Score

Get the complete analysis for BOM:524614

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

₹5.26
Price
₹0.39
GF Value