Sayaji Industries (BOM:540728) Interest Coverage: 2.75 (As of Mar. 2026) — 113% Above Median


BOM:540728 Sayaji Industries Ltd BOM:540728
55 GF Score
Price ₹107.95
GF Value ₹66.73
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Sayaji Industries Interest Coverage?

Sayaji Industries BOM:540728 +3.45% 55 Interest Coverage is 2.75 as of Mar. 2026, which is 113% above its 10-year median of 1.29. GuruFocus rates BOM:540728 with a GF Score™ of 55/100 and a GF Value™ of ₹66.73 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,511 Consumer Packaged Goods companies, Sayaji Industries ranks worse than 94.77% 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. Sayaji Industries's Operating Income for the three months ended in Mar. 2026 was ₹173 Mil. Sayaji Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-63 Mil. Sayaji Industries's interest coverage for the quarter that ended in Mar. 2026 was 2.75. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Sayaji Industries's Interest Coverage or its related term are showing as below:

BOM:540728' s Interest Coverage Range Over the Past 10 Years
Min: 0.51   Med: 1.29   Max: 3.24
Current: 0.73


BOM:540728's Interest Coverage is ranked worse than
94.77% of 1511 companies
in the Consumer Packaged Goods industry
Industry Median: 8.61 vs BOM:540728: 0.73

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


Sayaji Industries  (BOM:540728) 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 .


Sayaji Industries Interest Coverage Related Terms


Sayaji Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sayaji 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.

Sayaji Industries Interest Coverage Chart

Sayaji Industries 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 3.24 0.56 0.00 0.00 0.73

Sayaji Industries 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 0.00 0.00 1.48 2.75

BOM:540728 vs ADM, BG, TSN: Interest Coverage Comparison

For the Farm Products subindustry, Sayaji 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.


Sayaji Industries Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sayaji Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sayaji Industries's Interest Coverage falls into.


BOM:540728
55GF Score
Sayaji Industries Ltd BOM:540728
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sayaji Industries 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.

Sayaji Industries'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, Sayaji Industries's Interest Expense was ₹-249 Mil. Its Operating Income was ₹183 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹665 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*182.665/-248.956
=0.73

Sayaji Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Sayaji Industries's Interest Expense was ₹-63 Mil. Its Operating Income was ₹173 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹665 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*172.792/-62.877
=2.75

* 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 2.75 mean?
Sayaji Industries (BOM:540728) has a Interest Coverage of 2.75 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sayaji Industries and its competitors. This is 113% above median its historical median of 1.29. Over the past decade, Sayaji Industries' Interest Coverage has ranged from 0.51 to 3.24. According to the industry distribution chart, Sayaji Industries ranks #1432 out of 1511 companies in the Consumer Packaged Goods industry, placing it in the top 94.8%.
Is Sayaji Industries' Interest Coverage too high?
Sayaji Industries' current Interest Coverage of 2.75 is 113% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 3.24. The Consumer Packaged Goods industry median Interest Coverage is 8.61. Sayaji Industries' value of 2.75 is 68.1% below this industry median. Based on the distribution chart, Sayaji Industries ranks #1432 out of 1511 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Sayaji Industries has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sayaji Industries' Interest Coverage compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Sayaji Industries ranks #1432 out of 1511 companies for Interest Coverage. This places Sayaji Industries in the lower half of its industry. The industry median Interest Coverage is 8.61. Sayaji Industries' value of 2.75 is 68.1% below this benchmark. Historically, Sayaji Industries' own Interest Coverage has ranged from 0.51 to 3.24 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 8.61, Sayaji Industries 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.61, based on 1,511 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. Sayaji Industries's current Interest Coverage of 2.75 is 68.1% 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 Sayaji Industries and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sayaji Industries's current Interest Coverage is 2.75, which is 113% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sayaji Industries stock overvalued right now?
Based on GuruFocus' analysis, Sayaji Industries (BOM:540728) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹66.73, compared to a current price of ₹107.95 — trading 61.8% above its estimated fair value. The current Interest Coverage is 2.75, which is 113% above median its 10-year median of 1.29 and 68.1% below the Consumer Packaged Goods industry median of 8.61. Sayaji Industries' overall GF Score™ is 55/100 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 Sayaji Industries (BOM:540728), the current Interest Coverage is 2.75 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 Sayaji Industries (BOM:540728) Overvalued in 2026?

Based on GuruFocus' analysis, Sayaji Industries stock appears to be overvalued. The current stock price of ₹107.95 is trading 61.8% above its estimated GF Value™ of ₹66.73. GuruFocus considers Sayaji Industries to be Significantly Overvalued.

Key valuation signals for BOM:540728:

  • Interest Coverage: 2.75 (113% above median its 10-year median of 1.29)
  • GF Value™: ₹66.73 vs. price of ₹107.95 (61.8% above fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 68.1% below the Consumer Packaged Goods median (#1432 of 1511)

No single metric tells the full story. See the BOM:540728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sayaji Industries Business Description

Address Ambli-Bopal Road, 2nd Floor, ONE42, North Tower, Ahmedabad, GJ, IND, 380058
Sayaji Industries Ltd is an India-based company. The company is engaged in the manufacturing of starches and their derivatives like Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Sorbitol, and its by-products like Maize Oil, Maize Gluten. The reporting segments of the company are agro processing-maize, agri seeds, and spray-dried food products. The company is also engaged in the manufacturing of caramel color, spray drying of fruits and vegetable powder, and processing and selling of seeds. The company caters its products to the textile, pharmaceutical, foods, and beverages industries, paper and packaging, confectionery, soaps, detergent industries, seeds industries., and other related industries.
55GF Score

Get the complete analysis for BOM:540728

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

₹107.95
Price
₹66.73
GF Value