Nibe (BOM:535136) Interest Coverage: 5.80 (As of Mar. 2026) — 47% Above Median


BOM:535136 Nibe Ltd BOM:535136
79 GF Score
Price ₹1,655.60
GF Value ₹1,379.75
Valuation Modestly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nibe Interest Coverage?

Nibe BOM:535136 -0.01% 79 Interest Coverage is 5.80 as of Mar. 2026, which is 47% above its 10-year median of 3.95. GuruFocus rates BOM:535136 with a GF Score™ of 79/100 and a GF Value™ of ₹1,379.75 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 428 Conglomerates companies, Nibe ranks worse than 89.72% 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. Nibe's Operating Income for the three months ended in Mar. 2026 was ₹429 Mil. Nibe's Interest Expense for the three months ended in Mar. 2026 was ₹-74 Mil. Nibe's interest coverage for the quarter that ended in Mar. 2026 was 5.80. The higher the ratio, the stronger the company's financial strength is.

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

BOM:535136' s Interest Coverage Range Over the Past 10 Years
Min: 1   Med: 3.95   Max: 120.55
Current: 1


BOM:535136's Interest Coverage is ranked worse than
89.72% of 428 companies
in the Conglomerates industry
Industry Median: 5.31 vs BOM:535136: 1.00

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


Nibe  (BOM:535136) 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 .


Nibe Interest Coverage Related Terms


Nibe Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nibe'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.

Nibe Interest Coverage Chart

Nibe 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 0.00 2.57 4.87 5.56 1.00

Nibe 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 9.75 1.31 0.00 0.00 5.80

BOM:535136 vs HON, MMM: Interest Coverage Comparison

For the Conglomerates subindustry, Nibe'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.


Nibe Interest Coverage vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Nibe's Interest Coverage distribution charts can be found below:

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


BOM:535136
79GF Score
Nibe Ltd BOM:535136
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nibe 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.

Nibe'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, Nibe's Interest Expense was ₹-152 Mil. Its Operating Income was ₹152 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹635 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*152.039/-151.903
=1.00

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

Here, for the three months ended in Mar. 2026, Nibe's Interest Expense was ₹-74 Mil. Its Operating Income was ₹429 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹635 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*428.546/-73.88
=5.80

* 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 5.80 mean?
Nibe (BOM:535136) has a Interest Coverage of 5.80 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nibe and its competitors. This is 47% above median its historical median of 3.95. Over the past decade, Nibe's Interest Coverage has ranged from 1.00 to 120.55. According to the industry distribution chart, Nibe ranks #384 out of 428 companies in the Conglomerates industry, placing it in the top 89.7%.
Is Nibe's Interest Coverage too high?
Nibe's current Interest Coverage of 5.80 is 47% above median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 120.55. The Conglomerates industry median Interest Coverage is 5.31. Nibe's value of 5.80 is 9.2% above this industry median. Based on the distribution chart, Nibe ranks #384 out of 428 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Nibe has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nibe's Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, Nibe ranks #384 out of 428 companies for Interest Coverage. This places Nibe in the lower half of its industry. The industry median Interest Coverage is 5.31. Nibe's value of 5.80 is 9.2% above this benchmark. Historically, Nibe's own Interest Coverage has ranged from 1.00 to 120.55 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 5.31, Nibe has consistently been above 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 428 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. Nibe's current Interest Coverage of 5.80 is 9.2% above 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 Nibe and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nibe's current Interest Coverage is 5.80, which is 47% above median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nibe stock overvalued right now?
Based on GuruFocus' analysis, Nibe (BOM:535136) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,379.75, compared to a current price of ₹1,655.60 — trading 20% above its estimated fair value. The current Interest Coverage is 5.80, which is 47% above median its 10-year median of 3.95 and 9.2% above the Conglomerates industry median of 5.31. Nibe's overall GF Score™ is 79/100 with 7 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 Nibe (BOM:535136), the current Interest Coverage is 5.80 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 Nibe (BOM:535136) Overvalued in 2026?

Based on GuruFocus' analysis, Nibe stock appears to be overvalued. The current stock price of ₹1,655.60 is trading 20% above its estimated GF Value™ of ₹1,379.75. GuruFocus considers Nibe to be Modestly Overvalued.

Key valuation signals for BOM:535136:

  • Interest Coverage: 5.80 (47% above median its 10-year median of 3.95)
  • GF Value™: ₹1,379.75 vs. price of ₹1,655.60 (20% above fair value)
  • GF Score™: 79/100 with 7 warning signs
  • Industry Position: 9.2% above the Conglomerates median (#384 of 428)

No single metric tells the full story. See the BOM:535136 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nibe Business Description

Other Exchanges NIBE:India
Address Phase III, MIDC Industrial Area, Plot No. E-2/2, Nanekarwadi CT, Chakan, Taluka Khed, Pune, MH, IND, 410501
Nibe Ltd is engaged in the business of fabrication and machining of components used in the defence sector as well as the assembly of components of E-vehicles. The products offered by the company include joystick consoles, ruggedised panel PC, ethernet switches, console panel PC, electronic bikes and rickshaws, and batteries and related components for electric vehicles among others. Geographically, the company derives a majority of its revenue from its business in India and also exports its products to other countries.
79GF Score

Get the complete analysis for BOM:535136

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

₹1,655.60
Price
₹1,379.75
GF Value