Shree Ganesh Elastoplast (BOM:530797) Interest Coverage: 8.44 (As of Mar. 2026) — 67% Below Median

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BOM:530797 Shree Ganesh Elastoplast Ltd BOM:530797
48 GF Score
Price ₹17.00
GF Value ₹4.99
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Shree Ganesh Elastoplast Interest Coverage?

Shree Ganesh Elastoplast BOM:530797 48 Interest Coverage is 8.44 as of Mar. 2026, which is 67% below its 10-year median of 25.31. GuruFocus rates BOM:530797 with a GF Score™ of 48/100 and a GF Value™ of ₹4.99 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,520 Consumer Packaged Goods companies, Shree Ganesh Elastoplast ranks worse than 65789.41% 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. Shree Ganesh Elastoplast's Operating Income for the three months ended in Mar. 2026 was ₹0.41 Mil. Shree Ganesh Elastoplast's Interest Expense for the three months ended in Mar. 2026 was ₹-0.05 Mil. Shree Ganesh Elastoplast's interest coverage for the quarter that ended in Mar. 2026 was 8.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shree Ganesh Elastoplast's Interest Coverage or its related term are showing as below:


BOM:530797's Interest Coverage is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.355
* Ranked among companies with meaningful Interest Coverage only.

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


Shree Ganesh Elastoplast  (BOM:530797) 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 .


Shree Ganesh Elastoplast Interest Coverage Related Terms


Shree Ganesh Elastoplast Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shree Ganesh Elastoplast'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.

Shree Ganesh Elastoplast Interest Coverage Chart

Shree Ganesh Elastoplast 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 744.06 0.00 25.31 0.00 0.00

Shree Ganesh Elastoplast 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 0.00 13.58 0.00 0.00 8.44

BOM:530797 vs ADM, BG, TSN: Interest Coverage Comparison

For the Farm Products subindustry, Shree Ganesh Elastoplast'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.


Shree Ganesh Elastoplast Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Shree Ganesh Elastoplast's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shree Ganesh Elastoplast's Interest Coverage falls into.


BOM:530797
48GF Score
Shree Ganesh Elastoplast Ltd BOM:530797
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shree Ganesh Elastoplast 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.

Shree Ganesh Elastoplast'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, Shree Ganesh Elastoplast's Interest Expense was ₹-0.24 Mil. Its Operating Income was ₹-4.86 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5.44 Mil.

Shree Ganesh Elastoplast did not have earnings to cover the interest expense.

Shree Ganesh Elastoplast's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shree Ganesh Elastoplast's Interest Expense was ₹-0.05 Mil. Its Operating Income was ₹0.41 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5.44 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.405/-0.048
=8.44

* 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 8.44 mean?
Shree Ganesh Elastoplast (BOM:530797) has a Interest Coverage of 8.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shree Ganesh Elastoplast and its competitors. This is 67% below median its historical median of 25.31. According to the industry distribution chart, Shree Ganesh Elastoplast ranks #999999 out of 1520 companies in the Consumer Packaged Goods industry.
Is Shree Ganesh Elastoplast's Interest Coverage too high?
Shree Ganesh Elastoplast's current Interest Coverage of 8.44 is 67% below median its 10-year median of 25.31. The Consumer Packaged Goods industry median Interest Coverage is 8.36. Shree Ganesh Elastoplast's value of 8.44 is 1% above this industry median. Based on the distribution chart, Shree Ganesh Elastoplast ranks #999999 out of 1520 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Shree Ganesh Elastoplast has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shree Ganesh Elastoplast's Interest Coverage compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Shree Ganesh Elastoplast ranks #999999 out of 1520 companies for Interest Coverage. This places Shree Ganesh Elastoplast in the lower half of its industry. The industry median Interest Coverage is 8.36. Shree Ganesh Elastoplast's value of 8.44 is 1% above this benchmark. While the company's 10-year median is 25.31 vs. the industry median of 8.36, Shree Ganesh Elastoplast 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.36, based on 1,520 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. Shree Ganesh Elastoplast's current Interest Coverage of 8.44 is 1% 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 Shree Ganesh Elastoplast and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Ganesh Elastoplast's current Interest Coverage is 8.44, which is 67% below median its own 10-year median of 25.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Ganesh Elastoplast stock overvalued right now?
Based on GuruFocus' analysis, Shree Ganesh Elastoplast (BOM:530797) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.99, compared to a current price of ₹17.00 — trading 240.7% above its estimated fair value. The current Interest Coverage is 8.44, which is 67% below median its 10-year median of 25.31 and 1% above the Consumer Packaged Goods industry median of 8.36. Shree Ganesh Elastoplast's overall GF Score™ is 48/100 with 5 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 Shree Ganesh Elastoplast (BOM:530797), the current Interest Coverage is 8.44 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 Shree Ganesh Elastoplast (BOM:530797) Overvalued in 2026?

Based on GuruFocus' analysis, Shree Ganesh Elastoplast stock appears to be overvalued. The current stock price of ₹17.00 is trading 240.7% above its estimated GF Value™ of ₹4.99. GuruFocus considers Shree Ganesh Elastoplast to be Significantly Overvalued.

Key valuation signals for BOM:530797:

  • Interest Coverage: 8.44 (67% below median its 10-year median of 25.31)
  • GF Value™: ₹4.99 vs. price of ₹17.00 (240.7% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 1% above the Consumer Packaged Goods median (#999999 of 1520)

No single metric tells the full story. See the BOM:530797 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shree Ganesh Elastoplast Business Description

Address 120 Feet Ring Road, 119, Kamdhenu Complex, Opposite Sahjanand College, Panjara Pol, Ambawadi, Ahmedabad, GJ, IND, 380015
Shree Ganesh Elastoplast Ltd operates in the Business of Purchase, storage, Logistics, transportation, and trading in various types of Agro commodities and other non-agro commodities, in addition to trading in shares and securities.
48GF Score

Get the complete analysis for BOM:530797

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

₹17.00
Price
₹4.99
GF Value