National Fittings (BOM:531289) Interest Coverage: 7.46 (As of Mar. 2026) — 17% Above Median

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BOM:531289 National Fittings Ltd BOM:531289
77 GF Score
Price ₹164.50
GF Value ₹164.94
Valuation Fairly Valued
! 3 Warning Signs
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What is National Fittings Interest Coverage?

National Fittings BOM:531289 -1.79% 77 Interest Coverage is 7.46 as of Mar. 2026, which is 17% above its 10-year median of 6.39. GuruFocus rates BOM:531289 with a GF Score™ of 77/100 and a GF Value™ of ₹164.94 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,360 Construction companies, National Fittings ranks better than 56.69% 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. National Fittings's Operating Income for the three months ended in Mar. 2026 was ₹24.1 Mil. National Fittings's Interest Expense for the three months ended in Mar. 2026 was ₹-3.2 Mil. National Fittings's interest coverage for the quarter that ended in Mar. 2026 was 7.46. The higher the ratio, the stronger the company's financial strength is.

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

BOM:531289' s Interest Coverage Range Over the Past 10 Years
Min: 1.67   Med: 6.39   Max: 15.12
Current: 10.49


BOM:531289's Interest Coverage is ranked better than
56.69% of 1360 companies
in the Construction industry
Industry Median: 7.93 vs BOM:531289: 10.49

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


National Fittings  (BOM:531289) 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 .


National Fittings Interest Coverage Related Terms


National Fittings Interest Coverage Historical Data

* Premium members only.

The historical data trend for National Fittings'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.

National Fittings Interest Coverage Chart

National Fittings 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 2.26 7.59 7.15 5.63 10.49

National Fittings 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 13.49 16.57 14.16 8.44 7.46

BOM:531289 vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, National Fittings'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.


National Fittings Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, National Fittings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where National Fittings's Interest Coverage falls into.


BOM:531289
77GF Score
National Fittings Ltd BOM:531289
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

National Fittings 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.

National Fittings'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, National Fittings's Interest Expense was ₹-8.7 Mil. Its Operating Income was ₹91.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹26.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*91.319/-8.706
=10.49

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

Here, for the three months ended in Mar. 2026, National Fittings's Interest Expense was ₹-3.2 Mil. Its Operating Income was ₹24.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹26.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*24.062/-3.227
=7.46

* 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 7.46 mean?
National Fittings (BOM:531289) has a Interest Coverage of 7.46 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on National Fittings and its competitors. This is 17% above median its historical median of 6.39. Over the past decade, National Fittings' Interest Coverage has ranged from 1.67 to 15.12. According to the industry distribution chart, National Fittings ranks #589 out of 1360 companies in the Construction industry, placing it in the top 43.3%.
Is National Fittings' Interest Coverage too high?
National Fittings' current Interest Coverage of 7.46 is 17% above median its 10-year median of 6.39. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 15.12. The Construction industry median Interest Coverage is 7.93. National Fittings' value of 7.46 is 5.9% below this industry median. Based on the distribution chart, National Fittings ranks #589 out of 1360 companies in the Construction industry, which is above the industry midpoint. Overall, National Fittings has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does National Fittings' Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, National Fittings ranks #589 out of 1360 companies for Interest Coverage. This puts National Fittings in the upper half of its industry. The industry median Interest Coverage is 7.93. National Fittings' value of 7.46 is 5.9% below this benchmark. Historically, National Fittings' own Interest Coverage has ranged from 1.67 to 15.12 over the past decade. While the company's 10-year median is 6.39 vs. the industry median of 7.93, National Fittings 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 Construction company?
The median Interest Coverage among Construction companies is 7.93, based on 1,360 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. National Fittings's current Interest Coverage of 7.46 is 5.9% 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 National Fittings and its competitors. For the Construction industry, the median Interest Coverage is 7.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Fittings's current Interest Coverage is 7.46, which is 17% above median its own 10-year median of 6.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Fittings stock overvalued right now?
Based on GuruFocus' analysis, National Fittings (BOM:531289) is currently considered Fairly Valued. The stock's GF Value™ is ₹164.94, compared to a current price of ₹164.50 — trading 0.3% below its estimated fair value. The current Interest Coverage is 7.46, which is 17% above median its 10-year median of 6.39 and 5.9% below the Construction industry median of 7.93. National Fittings' overall GF Score™ is 77/100 with 3 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 National Fittings (BOM:531289), the current Interest Coverage is 7.46 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 National Fittings (BOM:531289) Overvalued in 2026?

Based on GuruFocus' analysis, National Fittings stock appears to be undervalued. The current stock price of ₹164.50 is trading 0.3% below its estimated GF Value™ of ₹164.94. GuruFocus considers National Fittings to be Fairly Valued.

Key valuation signals for BOM:531289:

  • Interest Coverage: 7.46 (17% above median its 10-year median of 6.39)
  • GF Value™: ₹164.94 vs. price of ₹164.50 (0.3% below fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 5.9% below the Construction median (#589 of 1360)

No single metric tells the full story. See the BOM:531289 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Fittings Business Description

Address S F No 112/3D, Madhapur Road, Kaniyur Villlage, Sulur Taluk, Karumathampatti, Coimbatore, TN, IND, 641659
National Fittings Ltd is a manufacturer and sells SG Iron Grooved and Screwed Pipe Fittings, Stainless Pipe Fittings, and Ball Valves for industrial and non-industrial applications. It has only one reportable business segment, which is Manufacturing of Pipe Fittings. Geographically, the company generates a majority of its revenue from exports of its products to other countries and the rest from its customers within India.
77GF Score

Get the complete analysis for BOM:531289

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

₹164.50
Price
₹164.94
GF Value