Niraj Cement Structurals (BOM:532986) Interest Coverage: 1.86 (As of Mar. 2026) — 88% Below Median


BOM:532986 Niraj Cement Structurals Ltd BOM:532986
74 GF Score
Price ₹29.56
GF Value ₹32.61
Valuation Fairly Valued
! 5 Warning Signs
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What is Niraj Cement Structurals Interest Coverage?

Niraj Cement Structurals BOM:532986 -1.24% 74 Interest Coverage is 1.86 as of Mar. 2026, which is 88% below its 10-year median of 15.14. GuruFocus rates BOM:532986 with a GF Score™ of 74/100 and a GF Value™ of ₹32.61 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,352 Construction companies, Niraj Cement Structurals ranks worse than 58.21% 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. Niraj Cement Structurals's Operating Income for the three months ended in Mar. 2026 was ₹37 Mil. Niraj Cement Structurals's Interest Expense for the three months ended in Mar. 2026 was ₹-20 Mil. Niraj Cement Structurals's interest coverage for the quarter that ended in Mar. 2026 was 1.86. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Niraj Cement Structurals's Interest Coverage or its related term are showing as below:

BOM:532986' s Interest Coverage Range Over the Past 10 Years
Min: 1.13   Med: 15.14   Max: 176.02
Current: 5.62


BOM:532986's Interest Coverage is ranked worse than
58.21% of 1352 companies
in the Construction industry
Industry Median: 7.865 vs BOM:532986: 5.62

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


Niraj Cement Structurals  (BOM:532986) 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 .


Niraj Cement Structurals Interest Coverage Related Terms


Niraj Cement Structurals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Niraj Cement Structurals'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.

Niraj Cement Structurals Interest Coverage Chart

Niraj Cement Structurals 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 28.39 16.43 62.01 176.02 5.62

Niraj Cement Structurals 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 400.73 0.00 162.26 6.30 1.86

BOM:532986 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Niraj Cement Structurals'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.


Niraj Cement Structurals Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Niraj Cement Structurals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Niraj Cement Structurals's Interest Coverage falls into.


BOM:532986
74GF Score
Niraj Cement Structurals Ltd BOM:532986
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Niraj Cement Structurals 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.

Niraj Cement Structurals'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, Niraj Cement Structurals's Interest Expense was ₹-30 Mil. Its Operating Income was ₹169 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹52 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*169.368/-30.112
=5.62

Niraj Cement Structurals's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Niraj Cement Structurals's Interest Expense was ₹-20 Mil. Its Operating Income was ₹37 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹52 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*37.281/-20.072
=1.86

* 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 1.86 mean?
Niraj Cement Structurals (BOM:532986) has a Interest Coverage of 1.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Niraj Cement Structurals and its competitors. This is 88% below median its historical median of 15.14. Over the past decade, Niraj Cement Structurals' Interest Coverage has ranged from 1.13 to 176.02. According to the industry distribution chart, Niraj Cement Structurals ranks #787 out of 1352 companies in the Construction industry, placing it in the top 58.2%.
Is Niraj Cement Structurals' Interest Coverage too high?
Niraj Cement Structurals' current Interest Coverage of 1.86 is 88% below median its 10-year median of 15.14. Over the past 10 years, this metric has ranged from a low of 1.13 to a high of 176.02. The Construction industry median Interest Coverage is 7.87. Niraj Cement Structurals' value of 1.86 is 76.4% below this industry median. Based on the distribution chart, Niraj Cement Structurals ranks #787 out of 1352 companies in the Construction industry, which is below the industry midpoint. Overall, Niraj Cement Structurals has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Niraj Cement Structurals' Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Niraj Cement Structurals ranks #787 out of 1352 companies for Interest Coverage. This places Niraj Cement Structurals in the lower half of its industry. The industry median Interest Coverage is 7.87. Niraj Cement Structurals' value of 1.86 is 76.4% below this benchmark. Historically, Niraj Cement Structurals' own Interest Coverage has ranged from 1.13 to 176.02 over the past decade. While the company's 10-year median is 15.14 vs. the industry median of 7.87, Niraj Cement Structurals 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 Construction company?
The median Interest Coverage among Construction companies is 7.87, based on 1,352 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. Niraj Cement Structurals's current Interest Coverage of 1.86 is 76.4% 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 Niraj Cement Structurals and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niraj Cement Structurals's current Interest Coverage is 1.86, which is 88% below median its own 10-year median of 15.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niraj Cement Structurals stock overvalued right now?
Based on GuruFocus' analysis, Niraj Cement Structurals (BOM:532986) is currently considered Fairly Valued. The stock's GF Value™ is ₹32.61, compared to a current price of ₹29.56 — trading 9.4% below its estimated fair value. The current Interest Coverage is 1.86, which is 88% below median its 10-year median of 15.14 and 76.4% below the Construction industry median of 7.87. Niraj Cement Structurals' overall GF Score™ is 74/100 with 5 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 Niraj Cement Structurals (BOM:532986), the current Interest Coverage is 1.86 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 Niraj Cement Structurals (BOM:532986) Overvalued in 2026?

Based on GuruFocus' analysis, Niraj Cement Structurals stock appears to be undervalued. The current stock price of ₹29.56 is trading 9.4% below its estimated GF Value™ of ₹32.61. GuruFocus considers Niraj Cement Structurals to be Fairly Valued.

Key valuation signals for BOM:532986:

  • Interest Coverage: 1.86 (88% below median its 10-year median of 15.14)
  • GF Value™: ₹32.61 vs. price of ₹29.56 (9.4% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 76.4% below the Construction median (#787 of 1352)

No single metric tells the full story. See the BOM:532986 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niraj Cement Structurals Business Description

Other Exchanges NIRAJ:India
Address D G patil Road, Pepsi Company, off. Sion Trombay Road, Unit No 820 to 825, The Epicentre, Commercial Building, Dukes Horizon, Near R K Studio, Mumbai, MH, IND, 400088
Niraj Cement Structurals Ltd is an India-based company. It is engaged in the business of civil construction and infrastructure, which is engaged in the construction of highways, expressways, turnkey projects roads, bridges, tunnels, etc.
74GF Score

Get the complete analysis for BOM:532986

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

₹29.56
Price
₹32.61
GF Value