Rajasthan Tube Manufacturing Co (BOM:530253) Interest Coverage: No Debt (1) (As of Mar. 2026) — 31% Below Median


BOM:530253 Rajasthan Tube Manufacturing Co Ltd BOM:530253
43 GF Score
Price ₹12.04
GF Value ₹0.68
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Rajasthan Tube Manufacturing Co Interest Coverage?

Rajasthan Tube Manufacturing Co BOM:530253 +0.67% 43 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 1.45. GuruFocus rates BOM:530253 with a GF Score™ of 43/100 and a GF Value™ of ₹0.68 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 457 Steel companies, Rajasthan Tube Manufacturing Co ranks better than 66.52% 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. Rajasthan Tube Manufacturing Co's Operating Income for the three months ended in Mar. 2026 was ₹-0.5 Mil. Rajasthan Tube Manufacturing Co's Interest Expense for the three months ended in Mar. 2026 was ₹0.0 Mil. Rajasthan Tube Manufacturing Co has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

The historical rank and industry rank for Rajasthan Tube Manufacturing Co's Interest Coverage or its related term are showing as below:

BOM:530253' s Interest Coverage Range Over the Past 10 Years
Min: 0.3   Med: 1.45   Max: 10.61
Current: 10.61


BOM:530253's Interest Coverage is ranked better than
66.52% of 457 companies
in the Steel industry
Industry Median: 4.41 vs BOM:530253: 10.61

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


Rajasthan Tube Manufacturing Co  (BOM:530253) 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 .


Rajasthan Tube Manufacturing Co Interest Coverage Related Terms


Rajasthan Tube Manufacturing Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Rajasthan Tube Manufacturing Co'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.

Rajasthan Tube Manufacturing Co Interest Coverage Chart

Rajasthan Tube Manufacturing Co 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 1.51 1.83 1.60 1.33 10.61

Rajasthan Tube Manufacturing Co 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 4.76 0.00 0.96 616.79 No Debt

BOM:530253 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Rajasthan Tube Manufacturing Co'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.


Rajasthan Tube Manufacturing Co Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Rajasthan Tube Manufacturing Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Rajasthan Tube Manufacturing Co's Interest Coverage falls into.


BOM:530253
43GF Score
Rajasthan Tube Manufacturing Co Ltd BOM:530253
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Rajasthan Tube Manufacturing Co 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.

Rajasthan Tube Manufacturing Co'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, Rajasthan Tube Manufacturing Co's Interest Expense was ₹-1.8 Mil. Its Operating Income was ₹19.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*19.221/-1.812
=10.61

Rajasthan Tube Manufacturing Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Rajasthan Tube Manufacturing Co's Interest Expense was ₹0.0 Mil. Its Operating Income was ₹-0.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Rajasthan Tube Manufacturing Co 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 No Debt <sup>(1)</sup> mean?
Rajasthan Tube Manufacturing Co (BOM:530253) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Rajasthan Tube Manufacturing Co and its competitors. This is 31% below median its historical median of 1.45. Over the past decade, Rajasthan Tube Manufacturing Co's Interest Coverage has ranged from 0.30 to 10.61. According to the industry distribution chart, Rajasthan Tube Manufacturing Co ranks #153 out of 457 companies in the Steel industry, placing it in the top 33.5%.
Is Rajasthan Tube Manufacturing Co's Interest Coverage too high?
Rajasthan Tube Manufacturing Co's current Interest Coverage of No Debt (1) is 31% below median its 10-year median of 1.45. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 10.61. Based on the distribution chart, Rajasthan Tube Manufacturing Co ranks #153 out of 457 companies in the Steel industry, which is above the industry midpoint. Overall, Rajasthan Tube Manufacturing Co has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rajasthan Tube Manufacturing Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Rajasthan Tube Manufacturing Co ranks #153 out of 457 companies for Interest Coverage. This puts Rajasthan Tube Manufacturing Co in the upper half of its industry. The industry median Interest Coverage is 4.41. Historically, Rajasthan Tube Manufacturing Co's own Interest Coverage has ranged from 0.30 to 10.61 over the past decade. 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 Steel company?
The median Interest Coverage among Steel companies is 4.41, based on 457 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. 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 Rajasthan Tube Manufacturing Co and its competitors. For the Steel industry, the median Interest Coverage is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajasthan Tube Manufacturing Co's current Interest Coverage is No Debt (1), which is 31% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajasthan Tube Manufacturing Co stock overvalued right now?
Based on GuruFocus' analysis, Rajasthan Tube Manufacturing Co (BOM:530253) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.68, compared to a current price of ₹12.04 — trading 1670.6% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 31% below median its 10-year median of 1.45. Rajasthan Tube Manufacturing Co's overall GF Score™ is 43/100 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 Rajasthan Tube Manufacturing Co (BOM:530253), the current Interest Coverage is No Debt (1) 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 Rajasthan Tube Manufacturing Co (BOM:530253) Overvalued in 2026?

Based on GuruFocus' analysis, Rajasthan Tube Manufacturing Co stock appears to be overvalued. The current stock price of ₹12.04 is trading 1670.6% above its estimated GF Value™ of ₹0.68. GuruFocus considers Rajasthan Tube Manufacturing Co to be Significantly Overvalued.

Key valuation signals for BOM:530253:

  • Interest Coverage: No Debt (1) (31% below median its 10-year median of 1.45)
  • GF Value™: ₹0.68 vs. price of ₹12.04 (1670.6% above fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the BOM:530253 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rajasthan Tube Manufacturing Co Business Description

Address Maharkala Road, Jatawali Mod, 28-37, Banke Bihari Industrial Area, Village Dehra, Teh. Chomu, Jaipur, RJ, IND, 303806
Rajasthan Tube Manufacturing Co Ltd manufactures and trades in steel tubes, pipes, and sheets in India. It offers Electric Resistance Welding (ERW) steel black pipes, ERW steel galvanized pipes, and hot rolled steel sheets. Its steel black and galvanized steel pipes/tubes are used in various applications, such as water pipelines, water mains, sewerage systems, industrial water lines, crude oil piping, and cross-country pipelines. Its hot rolled steel sheets are used in making tubular products, including hot rolled coils, pipes, LPG cylinders, shuttering plates, and off late in the construction sector; as component in the making of pressure vessels, in buildings, and hull and steel structures, as well as in boiler usage; and making critical safety parts and automobile suspension.
43GF Score

Get the complete analysis for BOM:530253

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

₹12.04
Price
₹0.68
GF Value