Indo-City Infotech (BOM:532100) Interest Coverage: No Debt (1) (As of Mar. 2026) — 92% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532100 Indo-City Infotech Ltd BOM:532100
50 GF Score
Price ₹13.00
GF Value ₹4.79
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Indo-City Infotech Interest Coverage?

Indo-City Infotech BOM:532100 +4.00% 50 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 11.77. GuruFocus rates BOM:532100 with a GF Score™ of 50/100 and a GF Value™ of ₹4.79 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 433 Capital Markets companies, Indo-City Infotech ranks better than 60.28% 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. Indo-City Infotech's Operating Income for the three months ended in Mar. 2026 was ₹-6.42 Mil. Indo-City Infotech's Interest Expense for the three months ended in Mar. 2026 was ₹0.00 Mil. Indo-City Infotech has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Indo-City Infotech Ltd has no debt.

(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 Indo-City Infotech's Interest Coverage or its related term are showing as below:

BOM:532100' s Interest Coverage Range Over the Past 10 Years
Min: 0.25   Med: 11.77   Max: 81.86
Current: 59.75


BOM:532100's Interest Coverage is ranked better than
60.28% of 433 companies
in the Capital Markets industry
Industry Median: 20.17 vs BOM:532100: 59.75

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


Indo-City Infotech  (BOM:532100) 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 .


Indo-City Infotech Interest Coverage Related Terms


Indo-City Infotech Interest Coverage Historical Data

* Premium members only.

The historical data trend for Indo-City Infotech'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.

Indo-City Infotech Interest Coverage Chart

Indo-City Infotech 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 6.68 11.77 81.86 0.00 59.75

Indo-City Infotech 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 0.00 265.50 No Debt No Debt No Debt

BOM:532100 vs MS, GS, SCHW: Interest Coverage Comparison

For the Capital Markets subindustry, Indo-City Infotech'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.


Indo-City Infotech Interest Coverage vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Indo-City Infotech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indo-City Infotech's Interest Coverage falls into.


BOM:532100
50GF Score
Indo-City Infotech Ltd BOM:532100
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo-City Infotech 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.

Indo-City Infotech'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, Indo-City Infotech's Interest Expense was ₹-0.01 Mil. Its Operating Income was ₹0.72 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*0.717/-0.012
=59.75

Indo-City Infotech's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Indo-City Infotech's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-6.42 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Indo-City Infotech 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?
Indo-City Infotech (BOM:532100) 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 Indo-City Infotech and its competitors. This is 92% below median its historical median of 11.77. Over the past decade, Indo-City Infotech's Interest Coverage has ranged from 0.25 to 81.86. According to the industry distribution chart, Indo-City Infotech ranks #172 out of 433 companies in the Capital Markets industry, placing it in the top 39.7%.
Is Indo-City Infotech's Interest Coverage too high?
Indo-City Infotech's current Interest Coverage of No Debt (1) is 92% below median its 10-year median of 11.77. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 81.86. Based on the distribution chart, Indo-City Infotech ranks #172 out of 433 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Indo-City Infotech has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo-City Infotech's Interest Coverage compare to MS and GS?
According to the Capital Markets industry distribution chart, Indo-City Infotech ranks #172 out of 433 companies for Interest Coverage. This puts Indo-City Infotech in the upper half of its industry. The industry median Interest Coverage is 20.17. Historically, Indo-City Infotech's own Interest Coverage has ranged from 0.25 to 81.86 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 Capital Markets company?
The median Interest Coverage among Capital Markets companies is 20.17, based on 433 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 Indo-City Infotech and its competitors. For the Capital Markets industry, the median Interest Coverage is 20.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo-City Infotech's current Interest Coverage is No Debt (1), which is 92% below median its own 10-year median of 11.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo-City Infotech stock overvalued right now?
Based on GuruFocus' analysis, Indo-City Infotech (BOM:532100) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.79, compared to a current price of ₹13.00 — trading 171.4% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 92% below median its 10-year median of 11.77. Indo-City Infotech's overall GF Score™ is 50/100 with 4 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 Indo-City Infotech (BOM:532100), 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.

Is Indo-City Infotech (BOM:532100) Overvalued in 2026?

Based on GuruFocus' analysis, Indo-City Infotech stock appears to be overvalued. The current stock price of ₹13.00 is trading 171.4% above its estimated GF Value™ of ₹4.79. GuruFocus considers Indo-City Infotech to be Significantly Overvalued.

Key valuation signals for BOM:532100:

  • Interest Coverage: No Debt (1) (92% below median its 10-year median of 11.77)
  • GF Value™: ₹4.79 vs. price of ₹13.00 (171.4% above fair value)
  • GF Score™: 50/100 with 4 warning signs

No single metric tells the full story. See the BOM:532100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indo-City Infotech Business Description

Address Andheri-Kurla Road, A6, Mittal Estate, Building No. 2, Andheri (East), Mumbai, MH, IND, 400059
Indo-City Infotech Ltd is an India-based company engaged in financial activities. The company generates revenue from trading & investing in shares & securities and from interest income.
50GF Score

Get the complete analysis for BOM:532100

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

₹13.00
Price
₹4.79
GF Value