Eveready Industries IndiaBOM:531508 -3.63%70 Interest Coverage is 5.26 as of Mar. 2026, which is 56% above its 10-year median of 3.37. GuruFocus rates BOM:531508 with a GF Score™ of 70/100 and a GF Value™ of ₹387.56 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,322 Industrial Products companies, Eveready Industries India ranks worse than 65.93% 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. Eveready Industries India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹191 Mil. Eveready Industries India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-36 Mil.
Eveready Industries India's interest coverage for the quarter that ended in Mar. 2026 was 5.26.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Eveready Industries India's Interest Coverage or its related term are showing as below:
BOM:531508'
s Interest Coverage Range Over the Past 10 Years
Min: 1.48 Med: 3.37 Max: 7.04
Current: 7.04
BOM:531508's Interest Coverage is ranked worse than 65.93% of 2322
companies
in the Industrial Products industry
Industry Median: 14.775
vs BOM:531508: 7.04
Eveready Industries India (BOM:531508) 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 .
Eveready Industries India Interest Coverage Related Terms
Eveready Industries India Interest Coverage Historical Data
* 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.
BOM:531508 vs VRT, BE: Interest Coverage Comparison
For the Electrical Equipment & Parts subindustry, Eveready Industries 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.
Eveready Industries India Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Eveready Industries India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Eveready Industries India's Interest Coverage falls into.
Eveready Industries 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:
* 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.
Eveready Industries India (BOM:531508) has a Interest Coverage of 5.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Eveready Industries India and its competitors. This is 56% above median its historical median of 3.37. Over the past decade, Eveready Industries India's Interest Coverage has ranged from 1.48 to 7.04. According to the industry distribution chart, Eveready Industries India ranks #1531 out of 2322 companies in the Industrial Products industry, placing it in the top 65.9%.
Is Eveready Industries India's Interest Coverage too high?
Eveready Industries India's current Interest Coverage of 5.26 is 56% above median its 10-year median of 3.37. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 7.04. The Industrial Products industry median Interest Coverage is 14.78. Eveready Industries India's value of 5.26 is 64.4% below this industry median. Based on the distribution chart, Eveready Industries India ranks #1531 out of 2322 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Eveready Industries India has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eveready Industries India's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Eveready Industries India ranks #1531 out of 2322 companies for Interest Coverage. This places Eveready Industries India in the lower half of its industry. The industry median Interest Coverage is 14.78. Eveready Industries India's value of 5.26 is 64.4% below this benchmark. Historically, Eveready Industries India's own Interest Coverage has ranged from 1.48 to 7.04 over the past decade. While the company's 10-year median is 3.37 vs. the industry median of 14.78, Eveready Industries India 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.78, 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. Eveready Industries India's current Interest Coverage of 5.26 is 64.4% 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 Eveready Industries India and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eveready Industries India's current Interest Coverage is 5.26, which is 56% above median its own 10-year median of 3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eveready Industries India stock overvalued right now?
Based on GuruFocus' analysis, Eveready Industries India (BOM:531508) is currently considered Fairly Valued. The stock's GF Value™ is ₹387.56, compared to a current price of ₹352.85 — trading 9% below its estimated fair value. The current Interest Coverage is 5.26, which is 56% above median its 10-year median of 3.37 and 64.4% below the Industrial Products industry median of 14.78. Eveready Industries India's overall GF Score™ is 70/100 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 Eveready Industries India (BOM:531508), the current Interest Coverage is 5.26 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 Eveready Industries India (BOM:531508) Overvalued in 2026?
Based on GuruFocus' analysis, Eveready Industries India stock appears to be undervalued.
The current stock price of ₹352.85 is trading 9% below its estimated GF Value™ of ₹387.56.
GuruFocus considers Eveready Industries India to be Fairly Valued.
Key valuation signals for BOM:531508:
Interest Coverage: 5.26 (56% above median its 10-year median of 3.37)
GF Value™: ₹387.56 vs. price of ₹352.85 (9% below fair value)
Industry Position: 64.4% below the Industrial Products median (#1531 of 2322)
No single metric tells the full story. See the BOM:531508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eveready Industries India Ltd is engaged in the business of manufacturing and marketing dry cell batteries, rechargeable batteries, flashlights, and lighting products, which come under a single business segment known as Consumer Goods. It manufactures and markets dry cell and rechargeable batteries, flashlights, lanterns, packet tea, LED bulbs and luminaries, devices like mobile power banks, rechargeable fans, radio, and small home appliances, among others. The firm markets these products under Eveready, Powercell, Uniross, and Shakti brands. Geographically, the company generates maximum revenue from India and also exports its products to other markets.
70GF Score
Get the complete analysis for BOM:531508
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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