Bharat Wire RopesBOM:539799 -0.61%84 Interest Coverage is 11.26 as of Mar. 2026, which is 493% above its 10-year median of 1.90. GuruFocus rates BOM:539799 with a GF Score™ of 84/100 and a GF Value™ of ₹211.76 (Fairly Valued). The stock has 4 warning signs investors should review. Among 456 Steel companies, Bharat Wire Ropes ranks better than 65.57% 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. Bharat Wire Ropes's
Operating Income
for the
three
months ended in Mar. 2026 was ₹235 Mil. Bharat Wire Ropes's Interest Expense for the
three
months ended in Mar. 2026 was ₹-21 Mil.
Bharat Wire Ropes's interest coverage for the quarter that ended in Mar. 2026 was 11.26.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Bharat Wire Ropes's Interest Coverage or its related term are showing as below:
BOM:539799'
s Interest Coverage Range Over the Past 10 Years
Min: 0.08 Med: 1.9 Max: 10.36
Current: 9.69
BOM:539799's Interest Coverage is ranked better than 65.57% of 456
companies
in the Steel industry
Industry Median: 4.445
vs BOM:539799: 9.69
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 .
Bharat Wire Ropes Interest Coverage Related Terms
Bharat Wire Ropes Interest Coverage Historical Data
* Premium members only.
The historical data trend for Bharat Wire Ropes'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:539799 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Bharat Wire Ropes'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.
Bharat Wire Ropes Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Bharat Wire Ropes's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Bharat Wire Ropes'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.
Bharat Wire Ropes (BOM:539799) has a Interest Coverage of 11.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bharat Wire Ropes and its competitors. This is 493% above median its historical median of 1.90. Over the past decade, Bharat Wire Ropes' Interest Coverage has ranged from 0.08 to 10.36. According to the industry distribution chart, Bharat Wire Ropes ranks #157 out of 456 companies in the Steel industry, placing it in the top 34.4%.
Is Bharat Wire Ropes' Interest Coverage too high?
Bharat Wire Ropes' current Interest Coverage of 11.26 is 493% above median its 10-year median of 1.90. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 10.36. The Steel industry median Interest Coverage is 4.45. Bharat Wire Ropes' value of 11.26 is 153.3% above this industry median. Based on the distribution chart, Bharat Wire Ropes ranks #157 out of 456 companies in the Steel industry, which is above the industry midpoint. Overall, Bharat Wire Ropes has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Wire Ropes' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Bharat Wire Ropes ranks #157 out of 456 companies for Interest Coverage. This puts Bharat Wire Ropes in the upper half of its industry. The industry median Interest Coverage is 4.45. Bharat Wire Ropes' value of 11.26 is 153.3% above this benchmark. Historically, Bharat Wire Ropes' own Interest Coverage has ranged from 0.08 to 10.36 over the past decade. While the company's 10-year median is 1.90 vs. the industry median of 4.45, Bharat Wire Ropes 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 4.45, based on 456 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. Bharat Wire Ropes's current Interest Coverage of 11.26 is 153.3% 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 Bharat Wire Ropes and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Wire Ropes's current Interest Coverage is 11.26, which is 493% above median its own 10-year median of 1.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Wire Ropes stock overvalued right now?
Based on GuruFocus' analysis, Bharat Wire Ropes (BOM:539799) is currently considered Fairly Valued. The stock's GF Value™ is ₹211.76, compared to a current price of ₹212.20 — trading 0.2% above its estimated fair value. The current Interest Coverage is 11.26, which is 493% above median its 10-year median of 1.90 and 153.3% above the Steel industry median of 4.45. Bharat Wire Ropes' overall GF Score™ is 84/100 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 Bharat Wire Ropes (BOM:539799), the current Interest Coverage is 11.26 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 Bharat Wire Ropes (BOM:539799) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Wire Ropes stock appears to be overvalued.
The current stock price of ₹212.20 is trading 0.2% above its estimated GF Value™ of ₹211.76.
GuruFocus considers Bharat Wire Ropes to be Fairly Valued.
Key valuation signals for BOM:539799:
Interest Coverage: 11.26 (493% above median its 10-year median of 1.90)
GF Value™: ₹211.76 vs. price of ₹212.20 (0.2% above fair value)
Industry Position: 153.3% above the Steel median (#157 of 456)
No single metric tells the full story. See the BOM:539799 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Wire Ropes Ltd manufactures steel wire ropes, wire strands, and wire rope slings. The company produces mechanically spliced slings, hand-spliced slings, earth wires, stay wires, guy wires, and spiral strands. The company also produces general-purpose ropes, fishing ropes, crane ropes, structural ropes, elevator ropes, mining ropes, oil and gas ropes, and shipping ropes. The firm caters to industries including oil and gas, mining, fishing, ports and marine, elevator, power, transmission, railways, construction, infrastructure, defense, and crane manufacturers. The company serves clients around the world.
84GF Score
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