Cochin ShipyardBOM:540678 -3.75%91 Interest Coverage is 8.61 as of Mar. 2026, which is 48% below its 10-year median of 16.48. GuruFocus rates BOM:540678 with a GF Score™ of 91/100 and a GF Value™ of ₹1,700.74 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 240 Aerospace & Defense companies, Cochin Shipyard ranks worse than 53.75% 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. Cochin Shipyard's
Operating Income
for the
three
months ended in Mar. 2026 was ₹2,778 Mil. Cochin Shipyard's Interest Expense for the
three
months ended in Mar. 2026 was ₹-322 Mil.
Cochin Shipyard's interest coverage for the quarter that ended in Mar. 2026 was 8.61.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Cochin Shipyard's Interest Coverage or its related term are showing as below:
BOM:540678'
s Interest Coverage Range Over the Past 10 Years
Min: 5.25 Med: 16.48 Max: 39.08
Current: 7.36
BOM:540678's Interest Coverage is ranked worse than 53.75% of 240
companies
in the Aerospace & Defense industry
Industry Median: 8.545
vs BOM:540678: 7.36
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 .
Cochin Shipyard Interest Coverage Related Terms
Cochin Shipyard Interest Coverage Historical Data
* Premium members only.
The historical data trend for Cochin Shipyard'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:540678 vs SPCX, GE, RTX: Interest Coverage Comparison
For the Aerospace & Defense subindustry, Cochin Shipyard'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.
Cochin Shipyard Interest Coverage vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Cochin Shipyard's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Cochin Shipyard'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.
Cochin Shipyard (BOM:540678) has a Interest Coverage of 8.61 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cochin Shipyard and its competitors. This is 48% below median its historical median of 16.48. Over the past decade, Cochin Shipyard's Interest Coverage has ranged from 5.25 to 39.08. According to the industry distribution chart, Cochin Shipyard ranks #129 out of 240 companies in the Aerospace & Defense industry, placing it in the top 53.7%.
Is Cochin Shipyard's Interest Coverage too high?
Cochin Shipyard's current Interest Coverage of 8.61 is 48% below median its 10-year median of 16.48. Over the past 10 years, this metric has ranged from a low of 5.25 to a high of 39.08. The Aerospace & Defense industry median Interest Coverage is 8.55. Cochin Shipyard's value of 8.61 is 0.8% above this industry median. Based on the distribution chart, Cochin Shipyard ranks #129 out of 240 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Cochin Shipyard has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cochin Shipyard's Interest Coverage compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Cochin Shipyard ranks #129 out of 240 companies for Interest Coverage. This places Cochin Shipyard in the lower half of its industry. The industry median Interest Coverage is 8.55. Cochin Shipyard's value of 8.61 is 0.8% above this benchmark. Historically, Cochin Shipyard's own Interest Coverage has ranged from 5.25 to 39.08 over the past decade. While the company's 10-year median is 16.48 vs. the industry median of 8.55, Cochin Shipyard 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 an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.55, based on 240 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. Cochin Shipyard's current Interest Coverage of 8.61 is 0.8% 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 Cochin Shipyard and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cochin Shipyard's current Interest Coverage is 8.61, which is 48% below median its own 10-year median of 16.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cochin Shipyard stock overvalued right now?
Based on GuruFocus' analysis, Cochin Shipyard (BOM:540678) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,700.74, compared to a current price of ₹1,448.30 — trading 14.8% below its estimated fair value. The current Interest Coverage is 8.61, which is 48% below median its 10-year median of 16.48 and 0.8% above the Aerospace & Defense industry median of 8.55. Cochin Shipyard's overall GF Score™ is 91/100 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 Cochin Shipyard (BOM:540678), the current Interest Coverage is 8.61 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 Cochin Shipyard (BOM:540678) Overvalued in 2026?
Based on GuruFocus' analysis, Cochin Shipyard stock appears to be undervalued.
The current stock price of ₹1,448.30 is trading 14.8% below its estimated GF Value™ of ₹1,700.74.
GuruFocus considers Cochin Shipyard to be Modestly Undervalued.
Key valuation signals for BOM:540678:
Interest Coverage: 8.61 (48% below median its 10-year median of 16.48)
GF Value™: ₹1,700.74 vs. price of ₹1,448.30 (14.8% below fair value)
Industry Position: 0.8% above the Aerospace & Defense median (#129 of 240)
No single metric tells the full story. See the BOM:540678 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cochin Shipyard Ltd is an Indian-based company engaged in the business activities of Shipbuilding and Ship repair. The company has two operating segments, namely, Shipbuilding and Repair of Ships/Offshore Structures. It generates maximum revenue from the Shipbuilding segment. The Shipbuilding segment offers products such as Oil Tankers, Bulk Carriers, Electric Passenger Ferries, Pax Vessels, Tugs, Aircraft Carriers, Pollution Control Vessels, and many more. The Ship repair segment includes maintenance and repair of all types of vessels including Tankers, Bulk Carriers, Aircraft Carriers, Defense Vessels, and all kinds of Commercial and Specialized vessels.
91GF Score
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