Mitsu Chem Plast (BOM:540078) Interest Coverage: 6.82 (As of Mar. 2026) — 169% Above Median

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BOM:540078 Mitsu Chem Plast Ltd BOM:540078
80 GF Score
Price ₹153.00
GF Value ₹135.66
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Mitsu Chem Plast Interest Coverage?

Mitsu Chem Plast BOM:540078 -1.54% 80 Interest Coverage is 6.82 as of Mar. 2026, which is 169% above its 10-year median of 2.54. GuruFocus rates BOM:540078 with a GF Score™ of 80/100 and a GF Value™ of ₹135.66 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,244 Chemicals companies, Mitsu Chem Plast ranks worse than 71.3% 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. Mitsu Chem Plast's Operating Income for the three months ended in Mar. 2026 was ₹121 Mil. Mitsu Chem Plast's Interest Expense for the three months ended in Mar. 2026 was ₹-18 Mil. Mitsu Chem Plast's interest coverage for the quarter that ended in Mar. 2026 was 6.82. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Mitsu Chem Plast's Interest Coverage or its related term are showing as below:

BOM:540078' s Interest Coverage Range Over the Past 10 Years
Min: 1.77   Med: 2.54   Max: 4.55
Current: 4.22


BOM:540078's Interest Coverage is ranked worse than
71.3% of 1244 companies
in the Chemicals industry
Industry Median: 10.355 vs BOM:540078: 4.22

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


Mitsu Chem Plast  (BOM:540078) 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 .


Mitsu Chem Plast Interest Coverage Related Terms


Mitsu Chem Plast Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mitsu Chem Plast'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.

Mitsu Chem Plast Interest Coverage Chart

Mitsu Chem Plast 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 4.29 3.81 2.50 2.57 4.55

Mitsu Chem Plast 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 3.70 2.10 2.47 5.19 6.82

BOM:540078 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Mitsu Chem Plast'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.


Mitsu Chem Plast Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mitsu Chem Plast's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mitsu Chem Plast's Interest Coverage falls into.


BOM:540078
80GF Score
Mitsu Chem Plast Ltd BOM:540078
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitsu Chem Plast 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.

Mitsu Chem Plast'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, Mitsu Chem Plast's Interest Expense was ₹-60 Mil. Its Operating Income was ₹272 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹146 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*272.069/-59.855
=4.55

Mitsu Chem Plast's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Mitsu Chem Plast's Interest Expense was ₹-18 Mil. Its Operating Income was ₹121 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹146 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*120.638/-17.688
=6.82

* 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 6.82 mean?
Mitsu Chem Plast (BOM:540078) has a Interest Coverage of 6.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mitsu Chem Plast and its competitors. This is 169% above median its historical median of 2.54. Over the past decade, Mitsu Chem Plast's Interest Coverage has ranged from 1.77 to 4.55. According to the industry distribution chart, Mitsu Chem Plast ranks #887 out of 1244 companies in the Chemicals industry, placing it in the top 71.3%.
Is Mitsu Chem Plast's Interest Coverage too high?
Mitsu Chem Plast's current Interest Coverage of 6.82 is 169% above median its 10-year median of 2.54. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 4.55. The Chemicals industry median Interest Coverage is 10.36. Mitsu Chem Plast's value of 6.82 is 34.1% below this industry median. Based on the distribution chart, Mitsu Chem Plast ranks #887 out of 1244 companies in the Chemicals industry, which is below the industry midpoint. Overall, Mitsu Chem Plast has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsu Chem Plast's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mitsu Chem Plast ranks #887 out of 1244 companies for Interest Coverage. This places Mitsu Chem Plast in the lower half of its industry. The industry median Interest Coverage is 10.36. Mitsu Chem Plast's value of 6.82 is 34.1% below this benchmark. Historically, Mitsu Chem Plast's own Interest Coverage has ranged from 1.77 to 4.55 over the past decade. While the company's 10-year median is 2.54 vs. the industry median of 10.36, Mitsu Chem Plast 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.36, based on 1,244 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. Mitsu Chem Plast's current Interest Coverage of 6.82 is 34.1% 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 Mitsu Chem Plast and its competitors. For the Chemicals industry, the median Interest Coverage is 10.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitsu Chem Plast's current Interest Coverage is 6.82, which is 169% above median its own 10-year median of 2.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsu Chem Plast stock overvalued right now?
Based on GuruFocus' analysis, Mitsu Chem Plast (BOM:540078) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹135.66, compared to a current price of ₹153.00 — trading 12.8% above its estimated fair value. The current Interest Coverage is 6.82, which is 169% above median its 10-year median of 2.54 and 34.1% below the Chemicals industry median of 10.36. Mitsu Chem Plast's overall GF Score™ is 80/100 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 Mitsu Chem Plast (BOM:540078), the current Interest Coverage is 6.82 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 Mitsu Chem Plast (BOM:540078) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsu Chem Plast stock appears to be overvalued. The current stock price of ₹153.00 is trading 12.8% above its estimated GF Value™ of ₹135.66. GuruFocus considers Mitsu Chem Plast to be Modestly Overvalued.

Key valuation signals for BOM:540078:

  • Interest Coverage: 6.82 (169% above median its 10-year median of 2.54)
  • GF Value™: ₹135.66 vs. price of ₹153.00 (12.8% above fair value)
  • GF Score™: 80/100 with 6 warning signs
  • Industry Position: 34.1% below the Chemicals median (#887 of 1244)

No single metric tells the full story. See the BOM:540078 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsu Chem Plast Business Description

Address Din Dayal Upadhyay Marg, 329, 3rd Floor, Gala Complex, Mulund (West), Mumbai, MH, IND, 400 080
Mitsu Chem Plast Ltd is a manufacturer of various products in blow molding, injection molding, and customized molding catering to the specific needs of customers. The products offered by the company include automotive components, molded industrial packaging, healthcare furniture, and infrastructural furniture. It operates in domestic as well as international markets.
80GF Score

Get the complete analysis for BOM:540078

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

₹153.00
Price
₹135.66
GF Value