Sonal Adhesives (BOM:526901) Interest Coverage: 0.92 (As of Mar. 2026) — 71% Below Median


BOM:526901 Sonal Adhesives Ltd BOM:526901
62 GF Score
Price ₹48.00
GF Value ₹98.36
Valuation Possible Value Trap
! 2 Warning Signs
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What is Sonal Adhesives Interest Coverage?

Sonal Adhesives BOM:526901 +2.13% 62 Interest Coverage is 0.92 as of Mar. 2026, which is 71% below its 10-year median of 3.22. GuruFocus rates BOM:526901 with a GF Score™ of 62/100 and a GF Value™ of ₹98.36 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,231 Chemicals companies, Sonal Adhesives ranks worse than 93.99% 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. Sonal Adhesives's Operating Income for the three months ended in Mar. 2026 was ₹4 Mil. Sonal Adhesives's Interest Expense for the three months ended in Mar. 2026 was ₹-5 Mil. Sonal Adhesives's interest coverage for the quarter that ended in Mar. 2026 was 0.92. The higher the ratio, the stronger the company's financial strength is.

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

BOM:526901' s Interest Coverage Range Over the Past 10 Years
Min: 1   Med: 3.22   Max: 12.79
Current: 1


BOM:526901's Interest Coverage is ranked worse than
93.99% of 1231 companies
in the Chemicals industry
Industry Median: 10.15 vs BOM:526901: 1.00

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


Sonal Adhesives  (BOM:526901) 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 .


Sonal Adhesives Interest Coverage Related Terms


Sonal Adhesives Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sonal Adhesives'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.

Sonal Adhesives Interest Coverage Chart

Sonal Adhesives 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 12.79 4.59 1.84 1.00

Sonal Adhesives 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 1.02 2.40 0.50 0.87 0.92

BOM:526901 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Sonal Adhesives'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.


Sonal Adhesives Interest Coverage vs Chemicals Industry

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

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


BOM:526901
62GF Score
Sonal Adhesives Ltd BOM:526901
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sonal Adhesives 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.

Sonal Adhesives'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, Sonal Adhesives's Interest Expense was ₹-16 Mil. Its Operating Income was ₹16 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹62 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*16.239/-16.226
=1.00

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

Here, for the three months ended in Mar. 2026, Sonal Adhesives's Interest Expense was ₹-5 Mil. Its Operating Income was ₹4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹62 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4.357/-4.738
=0.92

* 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 0.92 mean?
Sonal Adhesives (BOM:526901) has a Interest Coverage of 0.92 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sonal Adhesives and its competitors. This is 71% below median its historical median of 3.22. Over the past decade, Sonal Adhesives' Interest Coverage has ranged from 1.00 to 12.79. According to the industry distribution chart, Sonal Adhesives ranks #1157 out of 1231 companies in the Chemicals industry, placing it in the top 94%.
Is Sonal Adhesives' Interest Coverage too high?
Sonal Adhesives' current Interest Coverage of 0.92 is 71% below median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 12.79. The Chemicals industry median Interest Coverage is 10.15. Sonal Adhesives' value of 0.92 is 90.9% below this industry median. Based on the distribution chart, Sonal Adhesives ranks #1157 out of 1231 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Sonal Adhesives has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sonal Adhesives' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sonal Adhesives ranks #1157 out of 1231 companies for Interest Coverage. This places Sonal Adhesives in the lower half of its industry. The industry median Interest Coverage is 10.15. Sonal Adhesives' value of 0.92 is 90.9% below this benchmark. Historically, Sonal Adhesives' own Interest Coverage has ranged from 1.00 to 12.79 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 10.15, Sonal Adhesives has consistently been below 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 10.15, based on 1,231 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. Sonal Adhesives's current Interest Coverage of 0.92 is 90.9% below 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 Sonal Adhesives and its competitors. For the Chemicals industry, the median Interest Coverage is 10.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonal Adhesives's current Interest Coverage is 0.92, which is 71% below median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonal Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Sonal Adhesives (BOM:526901) is currently considered Possible Value Trap. The stock's GF Value™ is ₹98.36, compared to a current price of ₹48.00 — trading 51.2% below its estimated fair value. The current Interest Coverage is 0.92, which is 71% below median its 10-year median of 3.22 and 90.9% below the Chemicals industry median of 10.15. Sonal Adhesives' overall GF Score™ is 62/100 with 2 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 Sonal Adhesives (BOM:526901), the current Interest Coverage is 0.92 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 Sonal Adhesives (BOM:526901) Overvalued in 2026?

Based on GuruFocus' analysis, Sonal Adhesives stock appears to be undervalued. The current stock price of ₹48.00 is trading 51.2% below its estimated GF Value™ of ₹98.36. GuruFocus considers Sonal Adhesives to be Possible Value Trap.

Key valuation signals for BOM:526901:

  • Interest Coverage: 0.92 (71% below median its 10-year median of 3.22)
  • GF Value™: ₹98.36 vs. price of ₹48.00 (51.2% below fair value)
  • GF Score™: 62/100 with 2 warning signs
  • Industry Position: 90.9% below the Chemicals median (#1157 of 1231)

No single metric tells the full story. See the BOM:526901 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sonal Adhesives Business Description

Address Takai Adoshi Road, Off. Khopoli-Pen Road, At PO Khopoli, Plot no. 28/1A, Village Dheku, Taluka Khalapur, District Raigad, Khopoli, MH, IND, 410203
Sonal Adhesives Ltd is an India-based manufacturer engaged in the production of adhesive tapes, emulsions, and plastic ropes. The company operates in a single segment: packing products. Its products are marketed under the brand names SONAL and ADICRYL. The company is a manufacturer and exporter of BOPP self-adhesive tapes and specialty adhesives and emulsions. It exports its products globally, including to countries such as Spain, Nigeria, Germany, Middle Eastern countries, and across the African continent, and majority of its revenue comes from India.
62GF Score

Get the complete analysis for BOM:526901

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

₹48.00
Price
₹98.36
GF Value