Shalimar Wires IndustriesBOM:532455 +4.90%69 Interest Coverage is 1.92 as of Mar. 2026, which is 143% above its 10-year median of 0.79. GuruFocus rates BOM:532455 with a GF Score™ of 69/100 and a GF Value™ of ₹24.00 (Fairly Valued). The stock has 8 warning signs investors should review. Among 183 Forest Products companies, Shalimar Wires Industries ranks worse than 80.87% 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. Shalimar Wires Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹70 Mil. Shalimar Wires Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-36 Mil.
Shalimar Wires Industries's interest coverage for the quarter that ended in Mar. 2026 was 1.92.
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. Shalimar Wires Industries Ltd interest coverage is 1.36, which is low.
The historical rank and industry rank for Shalimar Wires Industries's Interest Coverage or its related term are showing as below:
BOM:532455'
s Interest Coverage Range Over the Past 10 Years
Min: 0.06 Med: 0.79 Max: 1.41
Current: 1.36
BOM:532455's Interest Coverage is ranked worse than 80.87% of 183
companies
in the Forest Products industry
Industry Median: 4.11
vs BOM:532455: 1.36
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 .
Shalimar Wires Industries Interest Coverage Related Terms
Shalimar Wires Industries 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.
For the Paper & Paper Products subindustry, Shalimar Wires Industries'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.
Shalimar Wires Industries Interest Coverage vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Shalimar Wires Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shalimar Wires Industries's Interest Coverage falls into.
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.
Shalimar Wires Industries (BOM:532455) has a Interest Coverage of 1.92 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shalimar Wires Industries and its competitors. This is 143% above median its historical median of 0.79. Over the past decade, Shalimar Wires Industries' Interest Coverage has ranged from 0.06 to 1.41. According to the industry distribution chart, Shalimar Wires Industries ranks #148 out of 183 companies in the Forest Products industry, placing it in the top 80.9%.
Is Shalimar Wires Industries' Interest Coverage too high?
Shalimar Wires Industries' current Interest Coverage of 1.92 is 143% above median its 10-year median of 0.79. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 1.41. The Forest Products industry median Interest Coverage is 4.11. Shalimar Wires Industries' value of 1.92 is 53.3% below this industry median. Based on the distribution chart, Shalimar Wires Industries ranks #148 out of 183 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Shalimar Wires Industries has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shalimar Wires Industries' Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Shalimar Wires Industries ranks #148 out of 183 companies for Interest Coverage. This places Shalimar Wires Industries in the lower half of its industry. The industry median Interest Coverage is 4.11. Shalimar Wires Industries' value of 1.92 is 53.3% below this benchmark. Historically, Shalimar Wires Industries' own Interest Coverage has ranged from 0.06 to 1.41 over the past decade. While the company's 10-year median is 0.79 vs. the industry median of 4.11, Shalimar Wires Industries 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 4.11, based on 183 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. Shalimar Wires Industries's current Interest Coverage of 1.92 is 53.3% 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 Shalimar Wires Industries and its competitors. For the Forest Products industry, the median Interest Coverage is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shalimar Wires Industries's current Interest Coverage is 1.92, which is 143% above median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shalimar Wires Industries stock overvalued right now?
Based on GuruFocus' analysis, Shalimar Wires Industries (BOM:532455) is currently considered Fairly Valued. The stock's GF Value™ is ₹24.00, compared to a current price of ₹22.50 — trading 6.3% below its estimated fair value. The current Interest Coverage is 1.92, which is 143% above median its 10-year median of 0.79 and 53.3% below the Forest Products industry median of 4.11. Shalimar Wires Industries' overall GF Score™ is 69/100 with 8 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 Shalimar Wires Industries (BOM:532455), the current Interest Coverage is 1.92 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 Shalimar Wires Industries (BOM:532455) Overvalued in 2026?
Based on GuruFocus' analysis, Shalimar Wires Industries stock appears to be undervalued.
The current stock price of ₹22.50 is trading 6.3% below its estimated GF Value™ of ₹24.00.
GuruFocus considers Shalimar Wires Industries to be Fairly Valued.
Key valuation signals for BOM:532455:
Interest Coverage: 1.92 (143% above median its 10-year median of 0.79)
GF Value™: ₹24.00 vs. price of ₹22.50 (6.3% below fair value)
Industry Position: 53.3% below the Forest Products median (#148 of 183)
No single metric tells the full story. See the BOM:532455 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shalimar Wires Industries Ltd manufactures paper mill products. The product portfolio of the company includes Forming Fabric, Metallic Wire Cloth, Dandy Roll, Synthetic Woven Fabrics, and Accessories etc. The company also provides stainless steel sieve mesh used in cylinder mould paper machines, fiber cement mills, and pulp mills.
69GF Score
Get the complete analysis for BOM:532455
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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