HB Estate Developers (BOM:532334) Interest Coverage: 1.62 (As of Jun. 2026) — 195% Above 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:532334 HB Estate Developers Ltd BOM:532334
64 GF Score
Price ₹74.36
GF Value ₹75.97
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is HB Estate Developers Interest Coverage?

HB Estate Developers BOM:532334 64 Interest Coverage is 1.62 as of Jun. 2026, which is 195% above its 10-year median of 0.55. GuruFocus rates BOM:532334 with a GF Score™ of 64/100 and a GF Value™ of ₹75.97 (Fairly Valued). The stock has 6 warning signs investors should review. Among 617 Travel & Leisure companies, HB Estate Developers ranks worse than 75.04% 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. HB Estate Developers's Operating Income for the three months ended in Jun. 2026 was ₹54 Mil. HB Estate Developers's Interest Expense for the three months ended in Jun. 2026 was ₹-33 Mil. HB Estate Developers's interest coverage for the quarter that ended in Jun. 2026 was 1.62. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. HB Estate Developers Ltd interest coverage is 2.18, which is low.

The historical rank and industry rank for HB Estate Developers's Interest Coverage or its related term are showing as below:

BOM:532334' s Interest Coverage Range Over the Past 10 Years
Min: 0.03   Med: 0.55   Max: 2.18
Current: 2.18


BOM:532334's Interest Coverage is ranked worse than
75.04% of 617 companies
in the Travel & Leisure industry
Industry Median: 5.22 vs BOM:532334: 2.18

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


HB Estate Developers  (BOM:532334) 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 .


HB Estate Developers Interest Coverage Related Terms


HB Estate Developers Interest Coverage Historical Data

* Premium members only.

The historical data trend for HB Estate Developers'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.

HB Estate Developers Interest Coverage Chart

HB Estate Developers 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 0.03 1.10 1.30 1.77 2.10

HB Estate Developers Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.03 1.41 3.20 2.44 1.62

BOM:532334 vs MAR, HLT, H: Interest Coverage Comparison

For the Lodging subindustry, HB Estate Developers'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.


HB Estate Developers Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HB Estate Developers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where HB Estate Developers's Interest Coverage falls into.


BOM:532334
64GF Score
HB Estate Developers Ltd BOM:532334
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HB Estate Developers 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.

HB Estate Developers'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, HB Estate Developers's Interest Expense was ₹-157 Mil. Its Operating Income was ₹328 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,183 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*328.428/-156.636
=2.10

HB Estate Developers's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, HB Estate Developers's Interest Expense was ₹-33 Mil. Its Operating Income was ₹54 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*53.987/-33.317
=1.62

* 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 1.62 mean?
HB Estate Developers (BOM:532334) has a Interest Coverage of 1.62 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on HB Estate Developers and its competitors. This is 195% above median its historical median of 0.55. Over the past decade, HB Estate Developers' Interest Coverage has ranged from 0.03 to 2.18. According to the industry distribution chart, HB Estate Developers ranks #463 out of 617 companies in the Travel & Leisure industry, placing it in the top 75%.
Is HB Estate Developers' Interest Coverage too high?
HB Estate Developers' current Interest Coverage of 1.62 is 195% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 2.18. The Travel & Leisure industry median Interest Coverage is 5.22. HB Estate Developers' value of 1.62 is 69% below this industry median. Based on the distribution chart, HB Estate Developers ranks #463 out of 617 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, HB Estate Developers has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HB Estate Developers' Interest Coverage compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, HB Estate Developers ranks #463 out of 617 companies for Interest Coverage. This places HB Estate Developers in the lower half of its industry. The industry median Interest Coverage is 5.22. HB Estate Developers' value of 1.62 is 69% below this benchmark. Historically, HB Estate Developers' own Interest Coverage has ranged from 0.03 to 2.18 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 5.22, HB Estate Developers 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.22, based on 617 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. HB Estate Developers's current Interest Coverage of 1.62 is 69% 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 HB Estate Developers and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HB Estate Developers's current Interest Coverage is 1.62, which is 195% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HB Estate Developers stock overvalued right now?
Based on GuruFocus' analysis, HB Estate Developers (BOM:532334) is currently considered Fairly Valued. The stock's GF Value™ is ₹75.97, compared to a current price of ₹74.36 — trading 2.1% below its estimated fair value. The current Interest Coverage is 1.62, which is 195% above median its 10-year median of 0.55 and 69% below the Travel & Leisure industry median of 5.22. HB Estate Developers' overall GF Score™ is 64/100 with 6 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 HB Estate Developers (BOM:532334), the current Interest Coverage is 1.62 as of Jun. 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 HB Estate Developers (BOM:532334) Overvalued in 2026?

Based on GuruFocus' analysis, HB Estate Developers stock appears to be undervalued. The current stock price of ₹74.36 is trading 2.1% below its estimated GF Value™ of ₹75.97. GuruFocus considers HB Estate Developers to be Fairly Valued.

Key valuation signals for BOM:532334:

  • Interest Coverage: 1.62 (195% above median its 10-year median of 0.55)
  • GF Value™: ₹75.97 vs. price of ₹74.36 (2.1% below fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 69% below the Travel & Leisure median (#463 of 617)

No single metric tells the full story. See the BOM:532334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HB Estate Developers Business Description

Other Exchanges HBESD:India
Address Plot No. 31, Echelon Institutional Area, Sector-32, Gurugram, HR, IND, 122001
HB Estate Developers Ltd is engaged in the development of commercial residential complexes in India. The Company is engaged in the business of owning and managing hotels and real estate properties. The firm generates a majority of its revenue through hotel operations such as room rent, food and beverage supply, restaurant, banquet income, and other services. The company recognizes revenue from various sources, including hotel operations such as room rent, food and beverages, and other related services. Additionally, revenue is generated from other allied services, which encompass income from laundry, communication, health club facilities, and airport transfers. Rentals from leased premises are also classified as revenue income.
64GF Score

Get the complete analysis for BOM:532334

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

₹74.36
Price
₹75.97
GF Value