Shivalik Rasayan (BOM:539148) Interest Coverage: 3.36 (As of Mar. 2026) — 50% Below Median


BOM:539148 Shivalik Rasayan Ltd BOM:539148
62 GF Score
Price ₹221.95
GF Value ₹779.09
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Shivalik Rasayan Interest Coverage?

Shivalik Rasayan BOM:539148 -2.18% 62 Interest Coverage is 3.36 as of Mar. 2026, which is 50% below its 10-year median of 6.74. GuruFocus rates BOM:539148 with a GF Score™ of 62/100 and a GF Value™ of ₹779.09 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 200 Agriculture companies, Shivalik Rasayan ranks worse than 75% 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. Shivalik Rasayan's Operating Income for the three months ended in Mar. 2026 was ₹83 Mil. Shivalik Rasayan's Interest Expense for the three months ended in Mar. 2026 was ₹-25 Mil. Shivalik Rasayan's interest coverage for the quarter that ended in Mar. 2026 was 3.36. The higher the ratio, the stronger the company's financial strength is.

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

BOM:539148' s Interest Coverage Range Over the Past 10 Years
Min: 2.62   Med: 6.74   Max: 20.27
Current: 2.81


BOM:539148's Interest Coverage is ranked worse than
75% of 200 companies
in the Agriculture industry
Industry Median: 7.065 vs BOM:539148: 2.81

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


Shivalik Rasayan  (BOM:539148) 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 .


Shivalik Rasayan Interest Coverage Related Terms


Shivalik Rasayan Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shivalik Rasayan'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.

Shivalik Rasayan Interest Coverage Chart

Shivalik Rasayan 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 15.74 7.61 3.91 2.62 2.81

Shivalik Rasayan 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 1.10 2.36 3.29 2.28 3.36

BOM:539148 vs CTVA, CF, MOS: Interest Coverage Comparison

For the Agricultural Inputs subindustry, Shivalik Rasayan'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.


Shivalik Rasayan Interest Coverage vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Shivalik Rasayan's Interest Coverage distribution charts can be found below:

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


BOM:539148
62GF Score
Shivalik Rasayan Ltd BOM:539148
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shivalik Rasayan 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.

Shivalik Rasayan'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, Shivalik Rasayan's Interest Expense was ₹-96 Mil. Its Operating Income was ₹270 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹262 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*269.979/-96
=2.81

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

Here, for the three months ended in Mar. 2026, Shivalik Rasayan's Interest Expense was ₹-25 Mil. Its Operating Income was ₹83 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹262 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*82.67/-24.57
=3.36

* 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 3.36 mean?
Shivalik Rasayan (BOM:539148) has a Interest Coverage of 3.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shivalik Rasayan and its competitors. This is 50% below median its historical median of 6.74. Over the past decade, Shivalik Rasayan's Interest Coverage has ranged from 2.62 to 20.27. According to the industry distribution chart, Shivalik Rasayan ranks #150 out of 200 companies in the Agriculture industry, placing it in the top 75%.
Is Shivalik Rasayan's Interest Coverage too high?
Shivalik Rasayan's current Interest Coverage of 3.36 is 50% below median its 10-year median of 6.74. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 20.27. The Agriculture industry median Interest Coverage is 7.07. Shivalik Rasayan's value of 3.36 is 52.4% below this industry median. Based on the distribution chart, Shivalik Rasayan ranks #150 out of 200 companies in the Agriculture industry, which is below the industry midpoint. Overall, Shivalik Rasayan has a GF Score™ of 62/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shivalik Rasayan's Interest Coverage compare to CTVA and CF?
According to the Agriculture industry distribution chart, Shivalik Rasayan ranks #150 out of 200 companies for Interest Coverage. This places Shivalik Rasayan in the lower half of its industry. The industry median Interest Coverage is 7.07. Shivalik Rasayan's value of 3.36 is 52.4% below this benchmark. Historically, Shivalik Rasayan's own Interest Coverage has ranged from 2.62 to 20.27 over the past decade. While the company's 10-year median is 6.74 vs. the industry median of 7.07, Shivalik Rasayan 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 an Agriculture company?
The median Interest Coverage among Agriculture companies is 7.07, based on 200 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. Shivalik Rasayan's current Interest Coverage of 3.36 is 52.4% 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 Shivalik Rasayan and its competitors. For the Agriculture industry, the median Interest Coverage is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivalik Rasayan's current Interest Coverage is 3.36, which is 50% below median its own 10-year median of 6.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivalik Rasayan stock overvalued right now?
Based on GuruFocus' analysis, Shivalik Rasayan (BOM:539148) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹779.09, compared to a current price of ₹221.95 — trading 71.5% below its estimated fair value. The current Interest Coverage is 3.36, which is 50% below median its 10-year median of 6.74 and 52.4% below the Agriculture industry median of 7.07. Shivalik Rasayan's overall GF Score™ is 62/100 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 Shivalik Rasayan (BOM:539148), the current Interest Coverage is 3.36 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 Shivalik Rasayan (BOM:539148) Overvalued in 2026?

Based on GuruFocus' analysis, Shivalik Rasayan stock appears to be undervalued. The current stock price of ₹221.95 is trading 71.5% below its estimated GF Value™ of ₹779.09. GuruFocus considers Shivalik Rasayan to be Significantly Undervalued.

Key valuation signals for BOM:539148:

  • Interest Coverage: 3.36 (50% below median its 10-year median of 6.74)
  • GF Value™: ₹779.09 vs. price of ₹221.95 (71.5% below fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 52.4% below the Agriculture median (#150 of 200)

No single metric tells the full story. See the BOM:539148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shivalik Rasayan Business Description

Other Exchanges SHIVALIK:India
Address 1506, Chiranjiv Tower, 43, Nehru Place, New Delhi, IND, 110 019
Shivalik Rasayan Ltd is an Indian manufacturer of Agrochemicals and Active Pharma Ingredients (API). The company's business units cover Pharmaceuticals, Agrochemicals, Intellectual property, and R&D centers. The company derives revenue from the manufacture and export of pharmaceutical products. The company's pharmaceutical products encompass both oncological and Non-Oncological products.
62GF Score

Get the complete analysis for BOM:539148

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

₹221.95
Price
₹779.09
GF Value