Creative Castings (BOM:539527) Interest Coverage: 239.96 (As of Mar. 2026) — 38% Below Median

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BOM:539527 Creative Castings Ltd BOM:539527
83 GF Score
Price ₹598.35
GF Value ₹699.12
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Creative Castings Interest Coverage?

Creative Castings BOM:539527 -0.85% 83 Interest Coverage is 239.96 as of Mar. 2026, which is 38% below its 10-year median of 387.81. GuruFocus rates BOM:539527 with a GF Score™ of 83/100 and a GF Value™ of ₹699.12 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 461 Steel companies, Creative Castings ranks better than 93.06% 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. Creative Castings's Operating Income for the three months ended in Mar. 2026 was ₹13.7 Mil. Creative Castings's Interest Expense for the three months ended in Mar. 2026 was ₹-0.1 Mil. Creative Castings's interest coverage for the quarter that ended in Mar. 2026 was 239.96. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Creative Castings Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

BOM:539527' s Interest Coverage Range Over the Past 10 Years
Min: 141.43   Med: 387.81   Max: 652.73
Current: 319.07


BOM:539527's Interest Coverage is ranked better than
93.06% of 461 companies
in the Steel industry
Industry Median: 4.56 vs BOM:539527: 319.07

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


Creative Castings  (BOM:539527) 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 .


Creative Castings Interest Coverage Related Terms


Creative Castings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Creative Castings'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.

Creative Castings Interest Coverage Chart

Creative Castings 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 652.73 499.60 267.17 141.43 319.07

Creative Castings 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 137.31 69.19 11,417.00 637.04 239.96

BOM:539527 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Creative Castings'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.


Creative Castings Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Creative Castings's Interest Coverage distribution charts can be found below:

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


BOM:539527
83GF Score
Creative Castings Ltd BOM:539527
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Creative Castings 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.

Creative Castings'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, Creative Castings's Interest Expense was ₹-0.1 Mil. Its Operating Income was ₹47.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*47.222/-0.148
=319.07

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

Here, for the three months ended in Mar. 2026, Creative Castings's Interest Expense was ₹-0.1 Mil. Its Operating Income was ₹13.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*13.678/-0.057
=239.96

* 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 239.96 mean?
Creative Castings (BOM:539527) has a Interest Coverage of 239.96 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Creative Castings and its competitors. This is 38% below median its historical median of 387.81. Over the past decade, Creative Castings' Interest Coverage has ranged from 141.43 to 652.73. According to the industry distribution chart, Creative Castings ranks #32 out of 461 companies in the Steel industry, placing it in the top 6.9%.
Is Creative Castings' Interest Coverage too high?
Creative Castings' current Interest Coverage of 239.96 is 38% below median its 10-year median of 387.81. Over the past 10 years, this metric has ranged from a low of 141.43 to a high of 652.73. The Steel industry median Interest Coverage is 4.56. Creative Castings' value of 239.96 is 5162.3% above this industry median. Based on the distribution chart, Creative Castings ranks #32 out of 461 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Creative Castings has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Creative Castings' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Creative Castings ranks #32 out of 461 companies for Interest Coverage. This places Creative Castings in the top 7% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.56. Creative Castings' value of 239.96 is 5162.3% above this benchmark. Historically, Creative Castings' own Interest Coverage has ranged from 141.43 to 652.73 over the past decade. While the company's 10-year median is 387.81 vs. the industry median of 4.56, Creative Castings 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 Steel company?
The median Interest Coverage among Steel companies is 4.56, based on 461 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. Creative Castings's current Interest Coverage of 239.96 is 5162.3% 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 Creative Castings and its competitors. For the Steel industry, the median Interest Coverage is 4.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Creative Castings's current Interest Coverage is 239.96, which is 38% below median its own 10-year median of 387.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Creative Castings stock overvalued right now?
Based on GuruFocus' analysis, Creative Castings (BOM:539527) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹699.12, compared to a current price of ₹598.35 — trading 14.4% below its estimated fair value. The current Interest Coverage is 239.96, which is 38% below median its 10-year median of 387.81 and 5162.3% above the Steel industry median of 4.56. Creative Castings' overall GF Score™ is 83/100 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 Creative Castings (BOM:539527), the current Interest Coverage is 239.96 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 Creative Castings (BOM:539527) Overvalued in 2026?

Based on GuruFocus' analysis, Creative Castings stock appears to be undervalued. The current stock price of ₹598.35 is trading 14.4% below its estimated GF Value™ of ₹699.12. GuruFocus considers Creative Castings to be Modestly Undervalued.

Key valuation signals for BOM:539527:

  • Interest Coverage: 239.96 (38% below median its 10-year median of 387.81)
  • GF Value™: ₹699.12 vs. price of ₹598.35 (14.4% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 5162.3% above the Steel median (#32 of 461)

No single metric tells the full story. See the BOM:539527 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Creative Castings Business Description

Address Rajkot Road, 102, GIDC Estates, Phase - II, Dolatpara, Junagadh, GJ, IND, 362003
Creative Castings Ltd is engaged in manufacturing and exporting steel and alloy steel investment casting. The company manufactures both ferrous and non-ferrous castings. It is also engaged in generating power from wind energy. The company's operating segment includes Castings and Wind Turbine Power Generation. It derives maximum revenue from the Investment Castings segment. Geographically, it generates a majority of revenue from Overseas. The company serves the pump and valve industries, oil and refineries, general engineering, electrical engineering, fire control equipment, medical implants, agricultural machinery, defense industries, etc.
83GF Score

Get the complete analysis for BOM:539527

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

₹598.35
Price
₹699.12
GF Value