Multibase IndiaBOM:526169 +0.99%74 Interest Coverage is 459.16 as of Mar. 2026, which is 11% above its 10-year median of 413.65. GuruFocus rates BOM:526169 with a GF Score™ of 74/100 and a GF Value™ of ₹238.47 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,234 Chemicals companies, Multibase India ranks better than 95.06% 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. Multibase India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹14.2 Mil. Multibase India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-0.0 Mil.
Multibase India's interest coverage for the quarter that ended in Mar. 2026 was 459.16.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Multibase India Ltd has no debt.
The historical rank and industry rank for Multibase India's Interest Coverage or its related term are showing as below:
BOM:526169'
s Interest Coverage Range Over the Past 10 Years
Min: 74.74 Med: 413.65 Max: 1514.18
Current: 1514.16
BOM:526169's Interest Coverage is ranked better than 95.06% of 1234
companies
in the Chemicals industry
Industry Median: 10.18
vs BOM:526169: 1514.16
Multibase India (BOM:526169) 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 .
Multibase India Interest Coverage Related Terms
Multibase India Interest Coverage Historical Data
* Premium members only.
The historical data trend for Multibase India'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:526169 vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Multibase India'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.
Multibase India Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Multibase India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Multibase India'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.
Multibase India (BOM:526169) has a Interest Coverage of 459.16 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Multibase India and its competitors. This is 11% above median its historical median of 413.65. Over the past decade, Multibase India's Interest Coverage has ranged from 74.74 to 1,514.18. According to the industry distribution chart, Multibase India ranks #61 out of 1234 companies in the Chemicals industry, placing it in the top 4.9%.
Is Multibase India's Interest Coverage too high?
Multibase India's current Interest Coverage of 459.16 is 11% above median its 10-year median of 413.65. Over the past 10 years, this metric has ranged from a low of 74.74 to a high of 1,514.18. The Chemicals industry median Interest Coverage is 10.18. Multibase India's value of 459.16 is 4410.4% above this industry median. Based on the distribution chart, Multibase India ranks #61 out of 1234 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Multibase India has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Multibase India's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Multibase India ranks #61 out of 1234 companies for Interest Coverage. This places Multibase India in the top 5% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.18. Multibase India's value of 459.16 is 4410.4% above this benchmark. Historically, Multibase India's own Interest Coverage has ranged from 74.74 to 1,514.18 over the past decade. While the company's 10-year median is 413.65 vs. the industry median of 10.18, Multibase India 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 10.18, based on 1,234 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. Multibase India's current Interest Coverage of 459.16 is 4410.4% 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 Multibase India and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Multibase India's current Interest Coverage is 459.16, which is 11% above median its own 10-year median of 413.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Multibase India stock overvalued right now?
Based on GuruFocus' analysis, Multibase India (BOM:526169) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹238.47, compared to a current price of ₹182.75 — trading 23.4% below its estimated fair value. The current Interest Coverage is 459.16, which is 11% above median its 10-year median of 413.65 and 4410.4% above the Chemicals industry median of 10.18. Multibase India's overall GF Score™ is 74/100 with 1 warning sign 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 Multibase India (BOM:526169), the current Interest Coverage is 459.16 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 Multibase India (BOM:526169) Overvalued in 2026?
Based on GuruFocus' analysis, Multibase India stock appears to be undervalued.
The current stock price of ₹182.75 is trading 23.4% below its estimated GF Value™ of ₹238.47.
GuruFocus considers Multibase India to be Modestly Undervalued.
Key valuation signals for BOM:526169:
Interest Coverage: 459.16 (11% above median its 10-year median of 413.65)
GF Value™: ₹238.47 vs. price of ₹182.75 (23.4% below fair value)
Industry Position: 4410.4% above the Chemicals median (#61 of 1234)
No single metric tells the full story. See the BOM:526169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Multibase India Ltd is engaged in the manufacturing, trading, and selling of Polypropylene Compound, Thermoplastic Elastomer, Silicon Master Batch, and Thermoplastic Master Batch. Its products include TPSiV Multiflex, Thermoplastic Elastomer, Siloxane Masterbatch, and Multipro. The company increased its presence in the Automotive and Silicon-based thermoplastics segment. It generates maximum revenue from India and also operates outside India.
74GF Score
Get the complete analysis for BOM:526169
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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