Mega Nirman and Industries (BOM:539767) Interest Coverage: 5.42 (As of Mar. 2026) — 87% Below Median

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BOM:539767 Mega Nirman and Industries Ltd BOM:539767
39 GF Score
Price ₹35.46
! 3 Warning Signs
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What is Mega Nirman and Industries Interest Coverage?

Mega Nirman and Industries BOM:539767 +1.37% 39 Interest Coverage is 5.42 as of Mar. 2026, which is 87% below its 10-year median of 42.59. GuruFocus rates BOM:539767 with a GF Score™ of 39/100. The stock has 3 warning signs investors should review. Among 839 Retail - Cyclical companies, Mega Nirman and Industries ranks worse than 119189.39% 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. Mega Nirman and Industries's Operating Income for the three months ended in Mar. 2026 was ₹2.9 Mil. Mega Nirman and Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-0.5 Mil. Mega Nirman and Industries's interest coverage for the quarter that ended in Mar. 2026 was 5.42. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Mega Nirman and Industries's Interest Coverage or its related term are showing as below:


BOM:539767's Interest Coverage is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.45
* 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.


Mega Nirman and Industries  (BOM:539767) 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 .


Mega Nirman and Industries Interest Coverage Related Terms


Mega Nirman and Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mega Nirman and Industries'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.

Mega Nirman and Industries Interest Coverage Chart

Mega Nirman and Industries 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

Mega Nirman and Industries 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 0.00 0.00 0.00 0.00 5.42

BOM:539767 vs TPR: Interest Coverage Comparison

For the Luxury Goods subindustry, Mega Nirman and Industries'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.


Mega Nirman and Industries Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mega Nirman and Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mega Nirman and Industries's Interest Coverage falls into.


BOM:539767
39GF Score
Mega Nirman and Industries Ltd BOM:539767
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Mega Nirman and Industries 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.

Mega Nirman and Industries'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, Mega Nirman and Industries's Interest Expense was ₹-0.6 Mil. Its Operating Income was ₹-2.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Mega Nirman and Industries did not have earnings to cover the interest expense.

Mega Nirman and Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Mega Nirman and Industries's Interest Expense was ₹-0.5 Mil. Its Operating Income was ₹2.9 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*2.94/-0.542
=5.42

* 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 5.42 mean?
Mega Nirman and Industries (BOM:539767) has a Interest Coverage of 5.42 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mega Nirman and Industries and its competitors. This is 87% below median its historical median of 42.59. According to the industry distribution chart, Mega Nirman and Industries ranks #999999 out of 839 companies in the Retail - Cyclical industry.
Is Mega Nirman and Industries' Interest Coverage too high?
Mega Nirman and Industries' current Interest Coverage of 5.42 is 87% below median its 10-year median of 42.59. The Retail - Cyclical industry median Interest Coverage is 7.45. Mega Nirman and Industries' value of 5.42 is 27.2% below this industry median. Based on the distribution chart, Mega Nirman and Industries ranks #999999 out of 839 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Mega Nirman and Industries has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Mega Nirman and Industries' Interest Coverage compare to TPR?
According to the Retail - Cyclical industry distribution chart, Mega Nirman and Industries ranks #999999 out of 839 companies for Interest Coverage. This places Mega Nirman and Industries in the lower half of its industry. The industry median Interest Coverage is 7.45. Mega Nirman and Industries' value of 5.42 is 27.2% below this benchmark. While the company's 10-year median is 42.59 vs. the industry median of 7.45, Mega Nirman and Industries 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 a Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.45, based on 839 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. Mega Nirman and Industries's current Interest Coverage of 5.42 is 27.2% 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 Mega Nirman and Industries and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mega Nirman and Industries's current Interest Coverage is 5.42, which is 87% below median its own 10-year median of 42.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mega Nirman and Industries stock overvalued right now?
Mega Nirman and Industries (BOM:539767) has a current Interest Coverage of 5.42. The current Interest Coverage is 5.42, which is 87% below median its 10-year median of 42.59 and 27.2% below the Retail - Cyclical industry median of 7.45. Mega Nirman and Industries' overall GF Score™ is 39/100 with 3 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 Mega Nirman and Industries (BOM:539767), the current Interest Coverage is 5.42 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.

Mega Nirman and Industries Business Description

Address Bharat Vihar Road, C-1/50,5, Raja Puri, Uttam Nagar, New Delhi, IND, 110059
Mega Nirman and Industries Ltd is involved in the business of investing in, acquire, deal in other precious metals, precious stones, jewelry and buying, selling and dealing, wholesale and retailing, in precious metals, precious stones, jewelry and articles made of precious metals, precious stones articles of virtue and objects of art. The company is engaged in the business of Trading of Precious and Semi-Precious Stones.
39GF Score

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

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