Hindustan Appliances (BOM:531918) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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BOM:531918 Hindustan Appliances Ltd BOM:531918
46 GF Score
Price ₹106.65
! 1 Warning Sign
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What is Hindustan Appliances Interest Coverage?

Hindustan Appliances BOM:531918 -4.39% 46 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates BOM:531918 with a GF Score™ of 46/100. The stock has 1 warning sign investors should review. Among 427 Conglomerates companies, Hindustan Appliances ranks better than 99.06% 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. Hindustan Appliances's Operating Income for the three months ended in Mar. 2026 was ₹-3.32 Mil. Hindustan Appliances's Interest Expense for the three months ended in Mar. 2026 was ₹0.00 Mil. Hindustan Appliances has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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

BOM:531918' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BOM:531918's Interest Coverage is ranked better than
99.06% of 427 companies
in the Conglomerates industry
Industry Median: 5.33 vs BOM:531918: No Debt

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


Hindustan Appliances  (BOM:531918) 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 .


Hindustan Appliances Interest Coverage Related Terms


Hindustan Appliances Interest Coverage Historical Data

* Premium members only.

The historical data trend for Hindustan Appliances'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.

Hindustan Appliances Interest Coverage Chart

Hindustan Appliances 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 No Debt No Debt No Debt No Debt No Debt

Hindustan Appliances 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 No Debt No Debt No Debt No Debt No Debt

BOM:531918 vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, Hindustan Appliances'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.


Hindustan Appliances Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hindustan Appliances's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Hindustan Appliances's Interest Coverage falls into.


BOM:531918
46GF Score
Hindustan Appliances Ltd BOM:531918
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Hindustan Appliances 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.

Hindustan Appliances'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, Hindustan Appliances's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-7.20 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Hindustan Appliances had no debt (1).

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

Here, for the three months ended in Mar. 2026, Hindustan Appliances's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-3.32 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Hindustan Appliances had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Hindustan Appliances (BOM:531918) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Hindustan Appliances and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Hindustan Appliances' Interest Coverage has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, Hindustan Appliances ranks #4 out of 427 companies in the Conglomerates industry, placing it in the top 0.90000000000001%.
Is Hindustan Appliances' Interest Coverage too high?
Hindustan Appliances' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, Hindustan Appliances ranks #4 out of 427 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Hindustan Appliances has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Hindustan Appliances' Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Hindustan Appliances ranks #4 out of 427 companies for Interest Coverage. This places Hindustan Appliances in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.33. Historically, Hindustan Appliances' own Interest Coverage has ranged from 10,000.00 to 10,000.00 over the past decade. 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.33, based on 427 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. 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 Hindustan Appliances and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Appliances's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Appliances stock overvalued right now?
Hindustan Appliances (BOM:531918) has a current Interest Coverage of No Debt (1). The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. Hindustan Appliances' overall GF Score™ is 46/100 with 1 warning sign 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 Hindustan Appliances (BOM:531918), the current Interest Coverage is No Debt (1) 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.

Hindustan Appliances Business Description

Address Senapati Bapat Marg, 1301, 13th Floor, Tower B, Peninsula Business Park, Lower Parel (West), Mumbai, MH, IND, 400013
Hindustan Appliances Ltd is an Indian-based company is engaged in Investment activities. It has single segment which is the construction business.
46GF Score

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

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