Surana Solar (BOM:533298) Interest Coverage: 2.50 (As of Dec. 2025) — Near Median


BOM:533298 Surana Solar Ltd BOM:533298
57 GF Score
Price ₹25.71
GF Value ₹11.09
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Surana Solar Interest Coverage?

Surana Solar BOM:533298 +0.43% 57 Interest Coverage is 2.50 as of Dec. 2025, which is 4% above its 10-year median of 2.41. GuruFocus rates BOM:533298 with a GF Score™ of 57/100 and a GF Value™ of ₹11.09 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 637 Semiconductors companies, Surana Solar ranks worse than 156985.71% 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. Surana Solar's Operating Income for the three months ended in Dec. 2025 was ₹1.81 Mil. Surana Solar's Interest Expense for the three months ended in Dec. 2025 was ₹-0.72 Mil. Surana Solar's interest coverage for the quarter that ended in Dec. 2025 was 2.50. The higher the ratio, the stronger the company's financial strength is.

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


BOM:533298's Interest Coverage is not ranked *
in the Semiconductors industry.
Industry Median: 20.5
* Ranked among companies with meaningful Interest Coverage only.

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


Surana Solar  (BOM:533298) 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 .


Surana Solar Interest Coverage Related Terms


Surana Solar Interest Coverage Historical Data

* Premium members only.

The historical data trend for Surana Solar'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.

Surana Solar Interest Coverage Chart

Surana Solar Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 4.14 0.00 0.00 0.00

Surana Solar Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 4.65 0.00 0.00 0.00 2.50

BOM:533298 vs FSLR, NXT, ENPH: Interest Coverage Comparison

For the Solar subindustry, Surana Solar'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.


Surana Solar Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Surana Solar's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Surana Solar's Interest Coverage falls into.


BOM:533298
57GF Score
Surana Solar Ltd BOM:533298
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surana Solar 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.

Surana Solar's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Surana Solar's Interest Expense was ₹-0.15 Mil. Its Operating Income was ₹-9.57 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Surana Solar did not have earnings to cover the interest expense.

Surana Solar's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the three months ended in Dec. 2025, Surana Solar's Interest Expense was ₹-0.72 Mil. Its Operating Income was ₹1.81 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*1.809/-0.723
=2.50

* 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 2.50 mean?
Surana Solar (BOM:533298) has a Interest Coverage of 2.50 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Surana Solar and its competitors. This is near median its historical median of 2.41. According to the industry distribution chart, Surana Solar ranks #999999 out of 637 companies in the Semiconductors industry.
Is Surana Solar's Interest Coverage too high?
Surana Solar's current Interest Coverage of 2.50 is near median its 10-year median of 2.41. The Semiconductors industry median Interest Coverage is 20.50. Surana Solar's value of 2.50 is 87.8% below this industry median. Based on the distribution chart, Surana Solar ranks #999999 out of 637 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Surana Solar has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surana Solar's Interest Coverage compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Surana Solar ranks #999999 out of 637 companies for Interest Coverage. This places Surana Solar in the lower half of its industry. The industry median Interest Coverage is 20.50. Surana Solar's value of 2.50 is 87.8% below this benchmark. While the company's 10-year median is 2.41 vs. the industry median of 20.50, Surana Solar 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.50, based on 637 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. Surana Solar's current Interest Coverage of 2.50 is 87.8% 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 Surana Solar and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surana Solar's current Interest Coverage is 2.50, which is near median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surana Solar stock overvalued right now?
Based on GuruFocus' analysis, Surana Solar (BOM:533298) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11.09, compared to a current price of ₹25.71 — trading 131.8% above its estimated fair value. The current Interest Coverage is 2.50, which is near median its 10-year median of 2.41 and 87.8% below the Semiconductors industry median of 20.50. Surana Solar's overall GF Score™ is 57/100 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 Surana Solar (BOM:533298), the current Interest Coverage is 2.50 as of Dec. 2025. 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 Surana Solar (BOM:533298) Overvalued in 2026?

Based on GuruFocus' analysis, Surana Solar stock appears to be overvalued. The current stock price of ₹25.71 is trading 131.8% above its estimated GF Value™ of ₹11.09. GuruFocus considers Surana Solar to be Significantly Overvalued.

Key valuation signals for BOM:533298:

  • Interest Coverage: 2.50 (near median its 10-year median of 2.41)
  • GF Value™: ₹11.09 vs. price of ₹25.71 (131.8% above fair value)
  • GF Score™: 57/100 with 4 warning signs
  • Industry Position: 87.8% below the Semiconductors median (#999999 of 637)

No single metric tells the full story. See the BOM:533298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Surana Solar Business Description

Other Exchanges SURANASOL:India
Address Phase II, Plot No. 212/3 and 4, IDA Cherlapally, Hyderabad, TG, IND, 500051
Surana Solar Ltd is engaged in the business of manufacturing solar panels/photovoltaic (PV) cells. The company is also engaged in the generation of wind power energy and the trading of other solar-related products. It operates through the following reportable segments: Solar Products, Trading and others, and Renewable Energy (Solar). The majority of the company's revenue is derived from the Solar and Traded products business, which involves the manufacturing and trading of Solar Photovoltaic (SPV) Modules and other related products. The Renewable Energy segment represents revenue derived from the generation of solar and wind power.
57GF Score

Get the complete analysis for BOM:533298

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

₹25.71
Price
₹11.09
GF Value