Vinayak Polycon International (BOM:534639) Interest Coverage: 0.78 (As of Mar. 2026) — 48% Below Median

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BOM:534639 Vinayak Polycon International Ltd BOM:534639
61 GF Score
Price ₹23.99
GF Value ₹24.14
Valuation Fairly Valued
! 3 Warning Signs
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What is Vinayak Polycon International Interest Coverage?

Vinayak Polycon International BOM:534639 61 Interest Coverage is 0.78 as of Mar. 2026, which is 48% below its 10-year median of 1.51. GuruFocus rates BOM:534639 with a GF Score™ of 61/100 and a GF Value™ of ₹24.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 318 Packaging & Containers companies, Vinayak Polycon International ranks worse than 84.59% 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. Vinayak Polycon International's Operating Income for the three months ended in Mar. 2026 was ₹0.5 Mil. Vinayak Polycon International's Interest Expense for the three months ended in Mar. 2026 was ₹-0.6 Mil. Vinayak Polycon International's interest coverage for the quarter that ended in Mar. 2026 was 0.78. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vinayak Polycon International's Interest Coverage or its related term are showing as below:

BOM:534639' s Interest Coverage Range Over the Past 10 Years
Min: 1.15   Med: 1.51   Max: 2.03
Current: 1.46


BOM:534639's Interest Coverage is ranked worse than
84.59% of 318 companies
in the Packaging & Containers industry
Industry Median: 6.05 vs BOM:534639: 1.46

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


Vinayak Polycon International  (BOM:534639) 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 .


Vinayak Polycon International Interest Coverage Related Terms


Vinayak Polycon International Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vinayak Polycon International'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.

Vinayak Polycon International Interest Coverage Chart

Vinayak Polycon International 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 1.15 1.51 2.03 1.87 1.46

Vinayak Polycon International 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 1.96 2.01 1.92 1.15 0.78

BOM:534639 vs SW, PKG, IP: Interest Coverage Comparison

For the Packaging & Containers subindustry, Vinayak Polycon International'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.


Vinayak Polycon International Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Vinayak Polycon International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vinayak Polycon International's Interest Coverage falls into.


BOM:534639
61GF Score
Vinayak Polycon International Ltd BOM:534639
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinayak Polycon International 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.

Vinayak Polycon International'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, Vinayak Polycon International's Interest Expense was ₹-2.3 Mil. Its Operating Income was ₹3.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3.322/-2.269
=1.46

Vinayak Polycon International's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Vinayak Polycon International's Interest Expense was ₹-0.6 Mil. Its Operating Income was ₹0.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.483/-0.619
=0.78

* 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 0.78 mean?
Vinayak Polycon International (BOM:534639) has a Interest Coverage of 0.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vinayak Polycon International and its competitors. This is 48% below median its historical median of 1.51. Over the past decade, Vinayak Polycon International's Interest Coverage has ranged from 1.15 to 2.03. According to the industry distribution chart, Vinayak Polycon International ranks #269 out of 318 companies in the Packaging & Containers industry, placing it in the top 84.6%.
Is Vinayak Polycon International's Interest Coverage too high?
Vinayak Polycon International's current Interest Coverage of 0.78 is 48% below median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 2.03. The Packaging & Containers industry median Interest Coverage is 6.05. Vinayak Polycon International's value of 0.78 is 87.1% below this industry median. Based on the distribution chart, Vinayak Polycon International ranks #269 out of 318 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Vinayak Polycon International has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vinayak Polycon International's Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Vinayak Polycon International ranks #269 out of 318 companies for Interest Coverage. This places Vinayak Polycon International in the lower half of its industry. The industry median Interest Coverage is 6.05. Vinayak Polycon International's value of 0.78 is 87.1% below this benchmark. Historically, Vinayak Polycon International's own Interest Coverage has ranged from 1.15 to 2.03 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 6.05, Vinayak Polycon International 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.05, based on 318 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. Vinayak Polycon International's current Interest Coverage of 0.78 is 87.1% 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 Vinayak Polycon International and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinayak Polycon International's current Interest Coverage is 0.78, which is 48% below median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinayak Polycon International stock overvalued right now?
Based on GuruFocus' analysis, Vinayak Polycon International (BOM:534639) is currently considered Fairly Valued. The stock's GF Value™ is ₹24.14, compared to a current price of ₹23.99 — trading 0.6% below its estimated fair value. The current Interest Coverage is 0.78, which is 48% below median its 10-year median of 1.51 and 87.1% below the Packaging & Containers industry median of 6.05. Vinayak Polycon International's overall GF Score™ is 61/100 with 3 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 Vinayak Polycon International (BOM:534639), the current Interest Coverage is 0.78 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 Vinayak Polycon International (BOM:534639) Overvalued in 2026?

Based on GuruFocus' analysis, Vinayak Polycon International stock appears to be undervalued. The current stock price of ₹23.99 is trading 0.6% below its estimated GF Value™ of ₹24.14. GuruFocus considers Vinayak Polycon International to be Fairly Valued.

Key valuation signals for BOM:534639:

  • Interest Coverage: 0.78 (48% below median its 10-year median of 1.51)
  • GF Value™: ₹24.14 vs. price of ₹23.99 (0.6% below fair value)
  • GF Score™: 61/100 with 3 warning signs
  • Industry Position: 87.1% below the Packaging & Containers median (#269 of 318)

No single metric tells the full story. See the BOM:534639 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vinayak Polycon International Business Description

Address 29, Station Road, 312, Navjeevan Complex, Jaipur, RJ, IND, 302006
Vinayak Polycon International Ltd is engaged in the business of plastic bottles, jars, and containers in India. Principally, it provides packaging solutions in the field of Polyethylene terephthalate (PET). Its primary activity involves the production of plastic containers and closures. The company manufactures and trades PET items, such as PET bottles, PET jars, PET preforms, caps, and lids.
61GF Score

Get the complete analysis for BOM:534639

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

₹23.99
Price
₹24.14
GF Value