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. Lesha Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-0.39 Mil. Lesha Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-0.00 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Lesha Industries's Interest Coverage or its related term are showing as below:
BOM:533602's Interest Coverage is not ranked *
in the Steel industry.
Industry Median: 4.445 * Ranked among companies with meaningful Interest Coverage only.
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 .
Lesha Industries Interest Coverage Related Terms
Lesha Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Lesha Industries'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.
BOM:533602 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Lesha 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.
Lesha Industries Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Lesha Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Lesha 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:
Lesha Industries did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Lesha Industries (BOM:533602) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lesha Industries and its competitors. According to the industry distribution chart, Lesha Industries ranks #999999 out of 456 companies in the Steel industry.
Is Lesha Industries' Interest Coverage too high?
Lesha Industries' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Lesha Industries ranks #999999 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Lesha Industries has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lesha Industries' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Lesha Industries ranks #999999 out of 456 companies for Interest Coverage. This places Lesha Industries in the lower half of its industry. The industry median Interest Coverage is 4.45. 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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 Lesha Industries and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lesha Industries's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lesha Industries stock overvalued right now?
Based on GuruFocus' analysis, Lesha Industries (BOM:533602) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.98, compared to a current price of ₹0.77 — trading 21.4% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Lesha Industries' overall GF Score™ is 53/100 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 Lesha Industries (BOM:533602), the current Interest Coverage is 0 (At Loss) 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 Lesha Industries (BOM:533602) Overvalued in 2026?
Based on GuruFocus' analysis, Lesha Industries stock appears to be undervalued.
The current stock price of ₹0.77 is trading 21.4% below its estimated GF Value™ of ₹0.98.
GuruFocus considers Lesha Industries to be Modestly Undervalued.
Key valuation signals for BOM:533602:
Interest Coverage: 0 (At Loss)
GF Value™: ₹0.98 vs. price of ₹0.77 (21.4% below fair value)
No single metric tells the full story. See the BOM:533602 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lesha Industries Ltd is an Indian based company engaged in the trading of various steel products, trading of goods, and dealing in Shares and securities. It earns revenue mainly from the sale of Steel products and Trading in goods. The business activities of the group are functioned through the segments, which include Steel, Trading of Goods, and Others. Geographically, activities are conducted through the region of India, and it derives the majority of the revenue from the trading of steel trading segment.
53GF Score
Get the complete analysis for BOM:533602
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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