Variman Global Enterprises (BOM:540570) Interest Coverage: 1.26 (As of Mar. 2026) — 129% Above Median


BOM:540570 Variman Global Enterprises Ltd BOM:540570
67 GF Score
Price ₹4.30
GF Value ₹16.45
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Variman Global Enterprises Interest Coverage?

Variman Global Enterprises BOM:540570 +4.12% 67 Interest Coverage is 1.26 as of Mar. 2026, which is 129% above its 10-year median of 0.55. GuruFocus rates BOM:540570 with a GF Score™ of 67/100 and a GF Value™ of ₹16.45 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,713 Software companies, Variman Global Enterprises ranks worse than 94.75% 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. Variman Global Enterprises's Operating Income for the three months ended in Mar. 2026 was ₹16 Mil. Variman Global Enterprises's Interest Expense for the three months ended in Mar. 2026 was ₹-13 Mil. Variman Global Enterprises's interest coverage for the quarter that ended in Mar. 2026 was 1.26. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Variman Global Enterprises's Interest Coverage or its related term are showing as below:

BOM:540570' s Interest Coverage Range Over the Past 10 Years
Min: 0.24   Med: 0.55   Max: 1.52
Current: 1.09


BOM:540570's Interest Coverage is ranked worse than
94.75% of 1713 companies
in the Software industry
Industry Median: 24.62 vs BOM:540570: 1.09

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


Variman Global Enterprises  (BOM:540570) 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 .


Variman Global Enterprises Interest Coverage Related Terms


Variman Global Enterprises Interest Coverage Historical Data

* Premium members only.

The historical data trend for Variman Global Enterprises'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.

Variman Global Enterprises Interest Coverage Chart

Variman Global Enterprises 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 0.24 0.00 0.00 1.52

Variman Global Enterprises 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 1.86 0.00 1.42 1.26

BOM:540570 vs UBER, SHOP, CRM: Interest Coverage Comparison

For the Software - Application subindustry, Variman Global Enterprises'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.


Variman Global Enterprises Interest Coverage vs Software Industry

For the Software industry and Technology sector, Variman Global Enterprises's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Variman Global Enterprises's Interest Coverage falls into.


BOM:540570
67GF Score
Variman Global Enterprises Ltd BOM:540570
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Variman Global Enterprises 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.

Variman Global Enterprises'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, Variman Global Enterprises's Interest Expense was ₹-40 Mil. Its Operating Income was ₹61 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹272 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*61.231/-40.28
=1.52

Variman Global Enterprises's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Variman Global Enterprises's Interest Expense was ₹-13 Mil. Its Operating Income was ₹16 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹272 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*16.312/-12.942
=1.26

* 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 1.26 mean?
Variman Global Enterprises (BOM:540570) has a Interest Coverage of 1.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Variman Global Enterprises and its competitors. This is 129% above median its historical median of 0.55. Over the past decade, Variman Global Enterprises' Interest Coverage has ranged from 0.24 to 1.52. According to the industry distribution chart, Variman Global Enterprises ranks #1623 out of 1713 companies in the Software industry, placing it in the top 94.7%.
Is Variman Global Enterprises' Interest Coverage too high?
Variman Global Enterprises' current Interest Coverage of 1.26 is 129% above median its 10-year median of 0.55. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.52. The Software industry median Interest Coverage is 24.62. Variman Global Enterprises' value of 1.26 is 94.9% below this industry median. Based on the distribution chart, Variman Global Enterprises ranks #1623 out of 1713 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Variman Global Enterprises has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Variman Global Enterprises' Interest Coverage compare to UBER and SHOP?
According to the Software industry distribution chart, Variman Global Enterprises ranks #1623 out of 1713 companies for Interest Coverage. This places Variman Global Enterprises in the lower half of its industry. The industry median Interest Coverage is 24.62. Variman Global Enterprises' value of 1.26 is 94.9% below this benchmark. Historically, Variman Global Enterprises' own Interest Coverage has ranged from 0.24 to 1.52 over the past decade. While the company's 10-year median is 0.55 vs. the industry median of 24.62, Variman Global Enterprises 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 Software company?
The median Interest Coverage among Software companies is 24.62, based on 1,713 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. Variman Global Enterprises's current Interest Coverage of 1.26 is 94.9% 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 Variman Global Enterprises and its competitors. For the Software industry, the median Interest Coverage is 24.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Variman Global Enterprises's current Interest Coverage is 1.26, which is 129% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Variman Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Variman Global Enterprises (BOM:540570) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹16.45, compared to a current price of ₹4.30 — trading 73.9% below its estimated fair value. The current Interest Coverage is 1.26, which is 129% above median its 10-year median of 0.55 and 94.9% below the Software industry median of 24.62. Variman Global Enterprises' overall GF Score™ is 67/100 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 Variman Global Enterprises (BOM:540570), the current Interest Coverage is 1.26 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 Variman Global Enterprises (BOM:540570) Overvalued in 2026?

Based on GuruFocus' analysis, Variman Global Enterprises stock appears to be undervalued. The current stock price of ₹4.30 is trading 73.9% below its estimated GF Value™ of ₹16.45. GuruFocus considers Variman Global Enterprises to be Significantly Undervalued.

Key valuation signals for BOM:540570:

  • Interest Coverage: 1.26 (129% above median its 10-year median of 0.55)
  • GF Value™: ₹16.45 vs. price of ₹4.30 (73.9% below fair value)
  • GF Score™: 67/100 with 4 warning signs
  • Industry Position: 94.9% below the Software median (#1623 of 1713)

No single metric tells the full story. See the BOM:540570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Variman Global Enterprises Business Description

Address Gagan Mahal, 3rd & 4th Floor, 1-2- 217/10, Domalguda, Hyderabad, TG, IND, 500029
Variman Global Enterprises Ltd is an India-based company engaged in the business of providing solutions through software development, IT Infrastructure solutions, and distributing IT Hardware to clients and partners through aggressive market developments and continuous improvements through agility. The Company acts as a strategic link between vendors to partners and clients, thus readying them for unprecedented levels of business performance by catering to SOHO, SMB, Mid size, Large Enterprises and Government Organizations across various industry verticals.
67GF Score

Get the complete analysis for BOM:540570

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

₹4.30
Price
₹16.45
GF Value