Gita Renewable EnergyBOM:539013 -1.07%28 Interest Coverage is 14.70 as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates BOM:539013 with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 322 Utilities - Independent Power Producers companies, Gita Renewable Energy ranks worse than 310558.7% 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. Gita Renewable Energy's
Operating Income
for the
three
months ended in Mar. 2026 was ₹2.19 Mil. Gita Renewable Energy's Interest Expense for the
three
months ended in Mar. 2026 was ₹-0.15 Mil.
Gita Renewable Energy's interest coverage for the quarter that ended in Mar. 2026 was 14.70.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Gita Renewable Energy's Interest Coverage or its related term are showing as below:
BOM:539013's Interest Coverage is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 2.84 * Ranked among companies with meaningful Interest Coverage only.
Gita Renewable Energy (BOM:539013) 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 .
Gita Renewable Energy Interest Coverage Related Terms
Gita Renewable Energy Interest Coverage Historical Data
* Premium members only.
The historical data trend for Gita Renewable Energy'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.
Gita Renewable Energy Interest Coverage Competitor Comparison
For the Utilities - Renewable subindustry, Gita Renewable Energy'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.
Gita Renewable Energy Interest Coverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Gita Renewable Energy's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Gita Renewable Energy's Interest Coverage falls into.
Gita Renewable Energy 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:
* 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.
Gita Renewable Energy (BOM:539013) has a Interest Coverage of 14.70 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gita Renewable Energy and its competitors. This is 100% below median its historical median of 10,000.00. According to the industry distribution chart, Gita Renewable Energy ranks #999999 out of 322 companies in the Utilities - Independent Power Producers industry.
Is Gita Renewable Energy's Interest Coverage too high?
Gita Renewable Energy's current Interest Coverage of 14.70 is 100% below median its 10-year median of 10,000.00. The Utilities - Independent Power Producers industry median Interest Coverage is 2.84. Gita Renewable Energy's value of 14.70 is 417.6% above this industry median. Based on the distribution chart, Gita Renewable Energy ranks #999999 out of 322 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Gita Renewable Energy has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Gita Renewable Energy's Interest Coverage compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Gita Renewable Energy ranks #999999 out of 322 companies for Interest Coverage. This places Gita Renewable Energy in the lower half of its industry. The industry median Interest Coverage is 2.84. Gita Renewable Energy's value of 14.70 is 417.6% above this benchmark. While the company's 10-year median is 10,000.00 vs. the industry median of 2.84, Gita Renewable Energy 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 an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.84, based on 322 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. Gita Renewable Energy's current Interest Coverage of 14.70 is 417.6% 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 Gita Renewable Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gita Renewable Energy's current Interest Coverage is 14.70, which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gita Renewable Energy stock overvalued right now?
Gita Renewable Energy (BOM:539013) has a current Interest Coverage of 14.70. The current Interest Coverage is 14.70, which is 100% below median its 10-year median of 10,000.00 and 417.6% above the Utilities - Independent Power Producers industry median of 2.84. Gita Renewable Energy's overall GF Score™ is 28/100 with 2 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 Gita Renewable Energy (BOM:539013), the current Interest Coverage is 14.70 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.
Gita Renewable Energy Ltd is carrying on the generation of power using waste heat recovery systems from renewable resources, including Wind, Solar, and Hydro. The Company operates in the generation of electricity from Non-conventional sources. The company generates a majority of its revenue from the sale of the power supply and transmission charges.
28GF Score
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