DHP India (BOM:531306) Interest Coverage: 40.95 (As of Mar. 2026) — 34% Below Median


BOM:531306 DHP India Ltd BOM:531306
77 GF Score
Price ₹527.05
GF Value ₹721.67
Valuation Modestly Undervalued
! 5 Warning Signs
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What is DHP India Interest Coverage?

DHP India BOM:531306 +0.57% 77 Interest Coverage is 40.95 as of Mar. 2026, which is 34% below its 10-year median of 61.96. GuruFocus rates BOM:531306 with a GF Score™ of 77/100 and a GF Value™ of ₹721.67 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,322 Industrial Products companies, DHP India ranks better than 59.13% 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. DHP India's Operating Income for the three months ended in Mar. 2026 was ₹59.2 Mil. DHP India's Interest Expense for the three months ended in Mar. 2026 was ₹-1.4 Mil. DHP India's interest coverage for the quarter that ended in Mar. 2026 was 40.95. The higher the ratio, the stronger the company's financial strength is.

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

BOM:531306' s Interest Coverage Range Over the Past 10 Years
Min: 21.81   Med: 61.96   Max: 3394.66
Current: 23.37


BOM:531306's Interest Coverage is ranked better than
59.13% of 2322 companies
in the Industrial Products industry
Industry Median: 14.735 vs BOM:531306: 23.37

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


DHP India  (BOM:531306) 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 .


DHP India Interest Coverage Related Terms


DHP India Interest Coverage Historical Data

* Premium members only.

The historical data trend for DHP India'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.

DHP India Interest Coverage Chart

DHP India 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 3,394.66 195.06 55.41 21.81 23.37

DHP India 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 69.14 70.17 11.65 2.90 40.95

BOM:531306 vs SNA, RBC, LECO: Interest Coverage Comparison

For the Tools & Accessories subindustry, DHP India'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.


DHP India Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, DHP India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where DHP India's Interest Coverage falls into.


BOM:531306
77GF Score
DHP India Ltd BOM:531306
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHP India 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.

DHP India'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, DHP India's Interest Expense was ₹-5.2 Mil. Its Operating Income was ₹122.0 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*121.99/-5.219
=23.37

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

Here, for the three months ended in Mar. 2026, DHP India's Interest Expense was ₹-1.4 Mil. Its Operating Income was ₹59.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*59.21/-1.446
=40.95

* 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 40.95 mean?
DHP India (BOM:531306) has a Interest Coverage of 40.95 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DHP India and its competitors. This is 34% below median its historical median of 61.96. Over the past decade, DHP India's Interest Coverage has ranged from 21.81 to 3,394.66. According to the industry distribution chart, DHP India ranks #949 out of 2322 companies in the Industrial Products industry, placing it in the top 40.9%.
Is DHP India's Interest Coverage too high?
DHP India's current Interest Coverage of 40.95 is 34% below median its 10-year median of 61.96. Over the past 10 years, this metric has ranged from a low of 21.81 to a high of 3,394.66. The Industrial Products industry median Interest Coverage is 14.74. DHP India's value of 40.95 is 177.9% above this industry median. Based on the distribution chart, DHP India ranks #949 out of 2322 companies in the Industrial Products industry, which is above the industry midpoint. Overall, DHP India has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DHP India's Interest Coverage compare to SNA and RBC?
According to the Industrial Products industry distribution chart, DHP India ranks #949 out of 2322 companies for Interest Coverage. This puts DHP India in the upper half of its industry. The industry median Interest Coverage is 14.74. DHP India's value of 40.95 is 177.9% above this benchmark. Historically, DHP India's own Interest Coverage has ranged from 21.81 to 3,394.66 over the past decade. While the company's 10-year median is 61.96 vs. the industry median of 14.74, DHP India 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.74, based on 2,322 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. DHP India's current Interest Coverage of 40.95 is 177.9% 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 DHP India and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHP India's current Interest Coverage is 40.95, which is 34% below median its own 10-year median of 61.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHP India stock overvalued right now?
Based on GuruFocus' analysis, DHP India (BOM:531306) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹721.67, compared to a current price of ₹527.05 — trading 27% below its estimated fair value. The current Interest Coverage is 40.95, which is 34% below median its 10-year median of 61.96 and 177.9% above the Industrial Products industry median of 14.74. DHP India's overall GF Score™ is 77/100 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 DHP India (BOM:531306), the current Interest Coverage is 40.95 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 DHP India (BOM:531306) Overvalued in 2026?

Based on GuruFocus' analysis, DHP India stock appears to be undervalued. The current stock price of ₹527.05 is trading 27% below its estimated GF Value™ of ₹721.67. GuruFocus considers DHP India to be Modestly Undervalued.

Key valuation signals for BOM:531306:

  • Interest Coverage: 40.95 (34% below median its 10-year median of 61.96)
  • GF Value™: ₹721.67 vs. price of ₹527.05 (27% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 177.9% above the Industrial Products median (#949 of 2322)

No single metric tells the full story. See the BOM:531306 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DHP India Business Description

Address 42A, Park Street, 7B, Shreelekha, 7th Floor, Kolkata, WB, IND, 700 016
DHP India Ltd is an India-based company, which is engaged in the manufacturing of engineering goods, such as liquefied petroleum gas (LPG) regulators, accessories, and related brass items. The company's products include Propane Regulators, Butane Regulators, LPG Regulators, Hose Assemblies, and Brass Fittings. It sells its products in the domestic, as well as export markets.
77GF Score

Get the complete analysis for BOM:531306

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

₹527.05
Price
₹721.67
GF Value