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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. Shish Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-17 Mil. Shish Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-6 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Shish Industries's Interest Coverage or its related term are showing as below:
BOM:540693'
s Interest Coverage Range Over the Past 10 Years
Min: 1.1 Med: 5.78 Max: 21.65
Current: 2.04
BOM:540693's Interest Coverage is ranked worse than 79.56% of 318
companies
in the Packaging & Containers industry
Industry Median: 6.05
vs BOM:540693: 2.04
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 .
Shish Industries Interest Coverage Related Terms
Shish Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Shish 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.
BOM:540693 vs SW, PKG, IP: Interest Coverage Comparison
For the Packaging & Containers subindustry, Shish 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.
Shish Industries Interest Coverage vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Shish Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shish Industries'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:
Shish Industries did not have earnings to cover the 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.
What does a Interest Coverage of 0 (At Loss) mean?
Shish Industries (BOM:540693) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shish Industries and its competitors. Over the past decade, Shish Industries' Interest Coverage has ranged from 1.10 to 21.65. According to the industry distribution chart, Shish Industries ranks #253 out of 318 companies in the Packaging & Containers industry, placing it in the top 79.6%.
Is Shish Industries' Interest Coverage too high?
Shish Industries' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 21.65. Based on the distribution chart, Shish Industries ranks #253 out of 318 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Shish Industries has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shish Industries' Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Shish Industries ranks #253 out of 318 companies for Interest Coverage. This places Shish Industries in the lower half of its industry. The industry median Interest Coverage is 6.05. Historically, Shish Industries' own Interest Coverage has ranged from 1.10 to 21.65 over the past decade. 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.05, based on 318 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. 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 Shish Industries and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shish Industries's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shish Industries stock overvalued right now?
Based on GuruFocus' analysis, Shish Industries (BOM:540693) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹15.08, compared to a current price of ₹12.14 — trading 19.5% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Shish Industries' overall GF Score™ is 91/100 with 7 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 Shish Industries (BOM:540693), the current Interest Coverage is 0 (At Loss) 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 Shish Industries (BOM:540693) Overvalued in 2026?
Based on GuruFocus' analysis, Shish Industries stock appears to be undervalued.
The current stock price of ₹12.14 is trading 19.5% below its estimated GF Value™ of ₹15.08.
GuruFocus considers Shish Industries to be Modestly Undervalued.
Key valuation signals for BOM:540693:
Interest Coverage: 0 (At Loss)
GF Value™: ₹15.08 vs. price of ₹12.14 (19.5% below fair value)
No single metric tells the full story. See the BOM:540693 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shish Industries Ltd is a manufacturer of plastic corrugated sheets. It also manufactures Saffguard and Stagguard which is a twin wall or Multi-Wall Boards made from plastic resin. The company's products include Polypropylene Corrugated Sheet, Reflective Insulation Product- Carmika, dunnage bags, water tank insulation cover, Sticky traps, Insulation Cover, Cooler Bags, and Others. The company is primarily engaged in the business of Corrugated Plastic Sheets which constitute a single reportable segment.
91GF Score
Get the complete analysis for BOM:540693
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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