Jet Solar (BOM:538794) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


BOM:538794 Jet Solar Ltd BOM:538794
64 GF Score
Price ₹7.97
GF Value ₹9.70
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Jet Solar Interest Coverage?

Jet Solar BOM:538794 64 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates BOM:538794 with a GF Score™ of 64/100 and a GF Value™ of ₹9.70 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,305 Real Estate companies, Jet Solar ranks worse than 76628.28% 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. Jet Solar's Operating Income for the six months ended in Mar. 2026 was ₹-12.00 Mil. Jet Solar's Interest Expense for the six months ended in Mar. 2026 was ₹-0.01 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 Jet Solar's Interest Coverage or its related term are showing as below:


BOM:538794's Interest Coverage is not ranked *
in the Real Estate industry.
Industry Median: 4.24
* 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.


Jet Solar  (BOM:538794) 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 .


Jet Solar Interest Coverage Related Terms


Jet Solar Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jet 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.

Jet Solar Interest Coverage Chart

Jet Solar 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 0.00 0.00 0.00 0.00

Jet Solar Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 111.69 0.00 0.00 0.00

Jet Solar Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Jet 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.


Jet Solar Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Jet Solar's Interest Coverage distribution charts can be found below:

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


BOM:538794
64GF Score
Jet Solar Ltd BOM:538794
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Jet 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.

Jet Solar'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, Jet Solar's Interest Expense was ₹-0.01 Mil. Its Operating Income was ₹-14.93 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

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

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

Here, for the six months ended in Mar. 2026, Jet Solar's Interest Expense was ₹-0.01 Mil. Its Operating Income was ₹-12.00 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Jet Solar 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.

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 (At Loss) mean?
Jet Solar (BOM:538794) 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 Jet Solar and its competitors. According to the industry distribution chart, Jet Solar ranks #999999 out of 1305 companies in the Real Estate industry.
Is Jet Solar's Interest Coverage too high?
Jet Solar's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Jet Solar ranks #999999 out of 1305 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Jet Solar has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jet Solar's Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Jet Solar ranks #999999 out of 1305 companies for Interest Coverage. This places Jet Solar in the lower half of its industry. The industry median Interest Coverage is 4.24. 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 Real Estate company?
The median Interest Coverage among Real Estate companies is 4.24, based on 1,305 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 Jet Solar and its competitors. For the Real Estate industry, the median Interest Coverage is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Solar'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 Jet Solar stock overvalued right now?
Based on GuruFocus' analysis, Jet Solar (BOM:538794) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹9.70, compared to a current price of ₹7.97 — trading 17.8% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Jet Solar's overall GF Score™ is 64/100 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 Jet Solar (BOM:538794), 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 Jet Solar (BOM:538794) Overvalued in 2026?

Based on GuruFocus' analysis, Jet Solar stock appears to be undervalued. The current stock price of ₹7.97 is trading 17.8% below its estimated GF Value™ of ₹9.70. GuruFocus considers Jet Solar to be Modestly Undervalued.

Key valuation signals for BOM:538794:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹9.70 vs. price of ₹7.97 (17.8% below fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the BOM:538794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jet Solar Business Description

Address Kandivali Link Road, Office No.1, 1st Floor, Nandanvan Apartment, E Wing, Opposite Laljipada Police Chowki, Kandivali (W, Mumbai, MH, IND, 400 067
Jet Solar Ltd focuses on residential projects in the States of Maharashtra and Gujarat by developing projects featuring apt model of execution. The company develops projects on affordable pricing to its prospective customers, without compromising on quality construction. It constructs properties for residential and commercial purposes.
64GF Score

Get the complete analysis for BOM:538794

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

₹7.97
Price
₹9.70
GF Value