Eco Recycling (BOM:530643) Interest Coverage: 48.88 (As of Mar. 2026) — 181% Above Median

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BOM:530643 Eco Recycling Ltd BOM:530643
85 GF Score
Price ₹506.50
GF Value ₹744.32
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Eco Recycling Interest Coverage?

Eco Recycling BOM:530643 +1.37% 85 Interest Coverage is 48.88 as of Mar. 2026, which is 181% above its 10-year median of 17.42. GuruFocus rates BOM:530643 with a GF Score™ of 85/100 and a GF Value™ of ₹744.32 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 160 Waste Management companies, Eco Recycling ranks better than 84.37% 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. Eco Recycling's Operating Income for the three months ended in Mar. 2026 was ₹122.2 Mil. Eco Recycling's Interest Expense for the three months ended in Mar. 2026 was ₹-2.5 Mil. Eco Recycling's interest coverage for the quarter that ended in Mar. 2026 was 48.88. The higher the ratio, the stronger the company's financial strength is.

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

BOM:530643' s Interest Coverage Range Over the Past 10 Years
Min: 0.43   Med: 17.42   Max: 98.46
Current: 39.28


BOM:530643's Interest Coverage is ranked better than
84.37% of 160 companies
in the Waste Management industry
Industry Median: 5.795 vs BOM:530643: 39.28

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


Eco Recycling  (BOM:530643) 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 .


Eco Recycling Interest Coverage Related Terms


Eco Recycling Interest Coverage Historical Data

* Premium members only.

The historical data trend for Eco Recycling'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.

Eco Recycling Interest Coverage Chart

Eco Recycling 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 98.46 32.04 22.94 42.30 39.29

Eco Recycling 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 44.60 31.73 45.93 23.07 48.88

BOM:530643 vs WM, RSG, WCN: Interest Coverage Comparison

For the Waste Management subindustry, Eco Recycling'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.


Eco Recycling Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Eco Recycling's Interest Coverage distribution charts can be found below:

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


BOM:530643
85GF Score
Eco Recycling Ltd BOM:530643
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eco Recycling 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.

Eco Recycling'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, Eco Recycling's Interest Expense was ₹-6.9 Mil. Its Operating Income was ₹271.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹54.5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*271.1/-6.9
=39.29

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

Here, for the three months ended in Mar. 2026, Eco Recycling's Interest Expense was ₹-2.5 Mil. Its Operating Income was ₹122.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹54.5 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*122.2/-2.5
=48.88

* 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 48.88 mean?
Eco Recycling (BOM:530643) has a Interest Coverage of 48.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Eco Recycling and its competitors. This is 181% above median its historical median of 17.42. Over the past decade, Eco Recycling's Interest Coverage has ranged from 0.43 to 98.46. According to the industry distribution chart, Eco Recycling ranks #25 out of 160 companies in the Waste Management industry, placing it in the top 15.6%.
Is Eco Recycling's Interest Coverage too high?
Eco Recycling's current Interest Coverage of 48.88 is 181% above median its 10-year median of 17.42. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 98.46. The Waste Management industry median Interest Coverage is 5.80. Eco Recycling's value of 48.88 is 743.5% above this industry median. Based on the distribution chart, Eco Recycling ranks #25 out of 160 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Eco Recycling has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Eco Recycling's Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Eco Recycling ranks #25 out of 160 companies for Interest Coverage. This places Eco Recycling in the top 16% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.80. Eco Recycling's value of 48.88 is 743.5% above this benchmark. Historically, Eco Recycling's own Interest Coverage has ranged from 0.43 to 98.46 over the past decade. While the company's 10-year median is 17.42 vs. the industry median of 5.80, Eco Recycling 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 Waste Management company?
The median Interest Coverage among Waste Management companies is 5.80, based on 160 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. Eco Recycling's current Interest Coverage of 48.88 is 743.5% 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 Eco Recycling and its competitors. For the Waste Management industry, the median Interest Coverage is 5.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eco Recycling's current Interest Coverage is 48.88, which is 181% above median its own 10-year median of 17.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eco Recycling stock overvalued right now?
Based on GuruFocus' analysis, Eco Recycling (BOM:530643) is currently considered Possible Value Trap. The stock's GF Value™ is ₹744.32, compared to a current price of ₹506.50 — trading 32% below its estimated fair value. The current Interest Coverage is 48.88, which is 181% above median its 10-year median of 17.42 and 743.5% above the Waste Management industry median of 5.80. Eco Recycling's overall GF Score™ is 85/100 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 Eco Recycling (BOM:530643), the current Interest Coverage is 48.88 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 Eco Recycling (BOM:530643) Overvalued in 2026?

Based on GuruFocus' analysis, Eco Recycling stock appears to be undervalued. The current stock price of ₹506.50 is trading 32% below its estimated GF Value™ of ₹744.32. GuruFocus considers Eco Recycling to be Possible Value Trap.

Key valuation signals for BOM:530643:

  • Interest Coverage: 48.88 (181% above median its 10-year median of 17.42)
  • GF Value™: ₹744.32 vs. price of ₹506.50 (32% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 743.5% above the Waste Management median (#25 of 160)

No single metric tells the full story. See the BOM:530643 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eco Recycling Business Description

Address Andheri Kurla Road, Unit No. 422, 4th Floor, The Summit Business Bay, Opposite Cine Max Theater, Near WEH Metro Station, Andheri (East), Mumbai, IND, 400093
Eco Recycling Ltd is an Indian-based e-waste management company engaged in the business of recycling of electrical & electronic waste and affiliated services. It operates through a single segment: Operations of e-waste recycling. The company provides an end-to-end integrated solution for e-waste management to Multi-National Companies (MNC), Retailers, Original Equipment Manufacturers (OEM), Government Departments, NGOs, Households, Educational Institutions, and all other entities. The company earns revenue by the sale of scrap as well as by providing services.
85GF Score

Get the complete analysis for BOM:530643

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

₹506.50
Price
₹744.32
GF Value