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Grovy IndiaBOM:539522 +6.81%69 Interest Coverage is 12.01 as of Jun. 2026, which is 7% below its 10-year median of 12.91. GuruFocus rates BOM:539522 with a GF Score™ of 69/100 and a GF Value™ of ₹73.69 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 415 Conglomerates companies, Grovy India ranks worse than 63.37% 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. Grovy India's
Operating Income
for the
three
months ended in Jun. 2026 was ₹26.8 Mil. Grovy India's Interest Expense for the
three
months ended in Jun. 2026 was ₹-2.2 Mil.
Grovy India's interest coverage for the quarter that ended in Jun. 2026 was 12.01.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Grovy India's Interest Coverage or its related term are showing as below:
BOM:539522'
s Interest Coverage Range Over the Past 10 Years
Min: 2.63 Med: 12.91 Max: 321
Current: 3.59
BOM:539522's Interest Coverage is ranked worse than 63.37% of 415
companies
in the Conglomerates industry
Industry Median: 5.33
vs BOM:539522: 3.59
Grovy India (BOM:539522) 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 .
Grovy India Interest Coverage Related Terms
Grovy India Interest Coverage Historical Data
* Premium members only.
The historical data trend for Grovy India'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.
BOM:539522 vs MMM, HON: Interest Coverage Comparison
For the Conglomerates subindustry, Grovy India'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.
Grovy India Interest Coverage vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Grovy India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Grovy India's Interest Coverage falls into.
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.
Grovy India (BOM:539522) has a Interest Coverage of 12.01 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Grovy India and its competitors. This is near median its historical median of 12.91. Over the past decade, Grovy India's Interest Coverage has ranged from 2.63 to 321.00. According to the industry distribution chart, Grovy India ranks #263 out of 415 companies in the Conglomerates industry, placing it in the top 63.4%.
Is Grovy India's Interest Coverage too high?
Grovy India's current Interest Coverage of 12.01 is near median its 10-year median of 12.91. Over the past 10 years, this metric has ranged from a low of 2.63 to a high of 321.00. The Conglomerates industry median Interest Coverage is 5.33. Grovy India's value of 12.01 is 125.3% above this industry median. Based on the distribution chart, Grovy India ranks #263 out of 415 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Grovy India has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grovy India's Interest Coverage compare to MMM and HON?
According to the Conglomerates industry distribution chart, Grovy India ranks #263 out of 415 companies for Interest Coverage. This places Grovy India in the lower half of its industry. The industry median Interest Coverage is 5.33. Grovy India's value of 12.01 is 125.3% above this benchmark. Historically, Grovy India's own Interest Coverage has ranged from 2.63 to 321.00 over the past decade. While the company's 10-year median is 12.91 vs. the industry median of 5.33, Grovy India 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 5.33, based on 415 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. Grovy India's current Interest Coverage of 12.01 is 125.3% 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 Grovy India and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grovy India's current Interest Coverage is 12.01, which is near median its own 10-year median of 12.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grovy India stock overvalued right now?
Based on GuruFocus' analysis, Grovy India (BOM:539522) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹73.69, compared to a current price of ₹56.00 — trading 24% below its estimated fair value. The current Interest Coverage is 12.01, which is near median its 10-year median of 12.91 and 125.3% above the Conglomerates industry median of 5.33. Grovy India's overall GF Score™ is 69/100 with 6 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 Grovy India (BOM:539522), the current Interest Coverage is 12.01 as of Jun. 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 Grovy India (BOM:539522) Overvalued in 2026?
Based on GuruFocus' analysis, Grovy India stock appears to be undervalued.
The current stock price of ₹56.00 is trading 24% below its estimated GF Value™ of ₹73.69.
GuruFocus considers Grovy India to be Modestly Undervalued.
Key valuation signals for BOM:539522:
Interest Coverage: 12.01 (near median its 10-year median of 12.91)
GF Value™: ₹73.69 vs. price of ₹56.00 (24% below fair value)
Industry Position: 125.3% above the Conglomerates median (#263 of 415)
No single metric tells the full story. See the BOM:539522 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grovy India Ltd is a real estate development company. The company's core segments are real estate development and trading/investment in equity markets. Its construction business is engaged in developing commercial, retail, and residential buildings. Its projects include Serviced Apartments-Rishikesh, Grovy Optiva-Noida, and Y-44 Hauz Khas, among others.
69GF Score
Get the complete analysis for BOM:539522
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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