TPL PlastechBOM:526582 -1.76%81 Interest Coverage is 9.10 as of Mar. 2026, which is 94% above its 10-year median of 4.68. GuruFocus rates BOM:526582 with a GF Score™ of 81/100 and a GF Value™ of ₹92.35 (Modestly Undervalued). Among 315 Packaging & Containers companies, TPL Plastech ranks better than 54.92% 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. TPL Plastech's
Operating Income
for the
three
months ended in Mar. 2026 was ₹113 Mil. TPL Plastech's Interest Expense for the
three
months ended in Mar. 2026 was ₹-12 Mil.
TPL Plastech's interest coverage for the quarter that ended in Mar. 2026 was 9.10.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for TPL Plastech's Interest Coverage or its related term are showing as below:
BOM:526582'
s Interest Coverage Range Over the Past 10 Years
Min: 3.17 Med: 4.68 Max: 8.22
Current: 8.22
BOM:526582's Interest Coverage is ranked better than 54.92% of 315
companies
in the Packaging & Containers industry
Industry Median: 6.17
vs BOM:526582: 8.22
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 .
TPL Plastech Interest Coverage Related Terms
TPL Plastech Interest Coverage Historical Data
* Premium members only.
The historical data trend for TPL Plastech'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:526582 vs SW, PKG, IP: Interest Coverage Comparison
For the Packaging & Containers subindustry, TPL Plastech'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.
TPL Plastech Interest Coverage vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, TPL Plastech's Interest Coverage distribution charts can be found below:
* The bar in red indicates where TPL Plastech'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.
TPL Plastech (BOM:526582) has a Interest Coverage of 9.10 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TPL Plastech and its competitors. This is 94% above median its historical median of 4.68. Over the past decade, TPL Plastech's Interest Coverage has ranged from 3.17 to 8.22. According to the industry distribution chart, TPL Plastech ranks #142 out of 315 companies in the Packaging & Containers industry, placing it in the top 45.1%.
Is TPL Plastech's Interest Coverage too high?
TPL Plastech's current Interest Coverage of 9.10 is 94% above median its 10-year median of 4.68. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 8.22. The Packaging & Containers industry median Interest Coverage is 6.17. TPL Plastech's value of 9.10 is 47.5% above this industry median. Based on the distribution chart, TPL Plastech ranks #142 out of 315 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, TPL Plastech has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPL Plastech's Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, TPL Plastech ranks #142 out of 315 companies for Interest Coverage. This puts TPL Plastech in the upper half of its industry. The industry median Interest Coverage is 6.17. TPL Plastech's value of 9.10 is 47.5% above this benchmark. Historically, TPL Plastech's own Interest Coverage has ranged from 3.17 to 8.22 over the past decade. While the company's 10-year median is 4.68 vs. the industry median of 6.17, TPL Plastech 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.17, based on 315 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. TPL Plastech's current Interest Coverage of 9.10 is 47.5% 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 TPL Plastech and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPL Plastech's current Interest Coverage is 9.10, which is 94% above median its own 10-year median of 4.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPL Plastech stock overvalued right now?
Based on GuruFocus' analysis, TPL Plastech (BOM:526582) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹92.35, compared to a current price of ₹71.98 — trading 22.1% below its estimated fair value. The current Interest Coverage is 9.10, which is 94% above median its 10-year median of 4.68 and 47.5% above the Packaging & Containers industry median of 6.17. TPL Plastech's overall GF Score™ is 81/100. 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 TPL Plastech (BOM:526582), the current Interest Coverage is 9.10 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 TPL Plastech (BOM:526582) Overvalued in 2026?
Based on GuruFocus' analysis, TPL Plastech stock appears to be undervalued.
The current stock price of ₹71.98 is trading 22.1% below its estimated GF Value™ of ₹92.35.
GuruFocus considers TPL Plastech to be Modestly Undervalued.
Key valuation signals for BOM:526582:
Interest Coverage: 9.10 (94% above median its 10-year median of 4.68)
GF Value™: ₹92.35 vs. price of ₹71.98 (22.1% below fair value)
Industry Position: 47.5% above the Packaging & Containers median (#142 of 315)
No single metric tells the full story. See the BOM:526582 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPL Plastech Ltd is a manufacturer of plastic drums in India. The company's product includes Narrow mouth drums; Narrow mouth and Wide Mouth Carboys; Open Top Drums - Bulk and Medium; QuBC and COBO IBC and small pack. The Company's operates its business in India.
81GF Score
Get the complete analysis for BOM:526582
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