Mahesh Developers (BOM:542677) Interest Coverage: 1,058.00 (As of Mar. 2026) — 88067% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:542677 Mahesh Developers Ltd BOM:542677
40 GF Score
Price ₹21.53
! 4 Warning Signs
View Full Analysis

What is Mahesh Developers Interest Coverage?

Mahesh Developers BOM:542677 -9.99% 40 Interest Coverage is 1,058.00 as of Mar. 2026, which is 88067% above its 10-year median of 1.20. GuruFocus rates BOM:542677 with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 1,304 Real Estate companies, Mahesh Developers ranks better than 90.41% 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. Mahesh Developers's Operating Income for the three months ended in Mar. 2026 was ₹1.06 Mil. Mahesh Developers's Interest Expense for the three months ended in Mar. 2026 was ₹-0.00 Mil. Mahesh Developers's interest coverage for the quarter that ended in Mar. 2026 was 1,058.00. The higher the ratio, the stronger the company's financial strength is.

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

BOM:542677' s Interest Coverage Range Over the Past 10 Years
Min: 0.74   Med: 1.2   Max: 309
Current: 309


BOM:542677's Interest Coverage is ranked better than
90.41% of 1304 companies
in the Real Estate industry
Industry Median: 4.17 vs BOM:542677: 309.00

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


Mahesh Developers  (BOM:542677) 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 .


Mahesh Developers Interest Coverage Related Terms


Mahesh Developers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mahesh Developers'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.

Mahesh Developers Interest Coverage Chart

Mahesh Developers Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 1.17 1.23 1.04 53.67 308.83

Mahesh Developers 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 158.25 205.00 136.50 159.00 1,058.00

Mahesh Developers Interest Coverage Competitor Comparison

For the Real Estate - Development subindustry, Mahesh Developers'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.


Mahesh Developers Interest Coverage vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Mahesh Developers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mahesh Developers's Interest Coverage falls into.


BOM:542677
40GF Score
Mahesh Developers Ltd BOM:542677
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahesh Developers 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.

Mahesh Developers'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, Mahesh Developers's Interest Expense was ₹-0.01 Mil. Its Operating Income was ₹1.85 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹116.47 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1.853/-0.006
=308.83

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

Here, for the three months ended in Mar. 2026, Mahesh Developers's Interest Expense was ₹-0.00 Mil. Its Operating Income was ₹1.06 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹116.47 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1.058/-0.001
=1,058.00

* 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 1,058.00 mean?
Mahesh Developers (BOM:542677) has a Interest Coverage of 1,058.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mahesh Developers and its competitors. This is 88067% above median its historical median of 1.20. Over the past decade, Mahesh Developers' Interest Coverage has ranged from 0.74 to 309.00. According to the industry distribution chart, Mahesh Developers ranks #125 out of 1304 companies in the Real Estate industry, placing it in the top 9.6%.
Is Mahesh Developers' Interest Coverage too high?
Mahesh Developers' current Interest Coverage of 1,058.00 is 88067% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 309.00. The Real Estate industry median Interest Coverage is 4.17. Mahesh Developers' value of 1,058.00 is 25271.7% above this industry median. Based on the distribution chart, Mahesh Developers ranks #125 out of 1304 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Mahesh Developers has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Mahesh Developers' Interest Coverage compare to competitors?
According to the Real Estate industry distribution chart, Mahesh Developers ranks #125 out of 1304 companies for Interest Coverage. This places Mahesh Developers in the top 10% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.17. Mahesh Developers' value of 1,058.00 is 25271.7% above this benchmark. Historically, Mahesh Developers' own Interest Coverage has ranged from 0.74 to 309.00 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 4.17, Mahesh Developers 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 a Real Estate company?
The median Interest Coverage among Real Estate companies is 4.17, based on 1,304 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. Mahesh Developers's current Interest Coverage of 1,058.00 is 25271.7% 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 Mahesh Developers and its competitors. For the Real Estate industry, the median Interest Coverage is 4.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahesh Developers's current Interest Coverage is 1,058.00, which is 88067% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahesh Developers stock overvalued right now?
Mahesh Developers (BOM:542677) has a current Interest Coverage of 1,058.00. The current Interest Coverage is 1,058.00, which is 88067% above median its 10-year median of 1.20 and 25271.7% above the Real Estate industry median of 4.17. Mahesh Developers' overall GF Score™ is 40/100 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 Mahesh Developers (BOM:542677), the current Interest Coverage is 1,058.00 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.

Mahesh Developers Business Description

Address 13th Road, Uma Shikhar CHS Ltd, Ground Floor, Behind Khar Telephone Exchange, Khar West, Mumbai, MH, IND, 400052
Mahesh Developers Ltd is engaged in the construction industry. The company constructs and develops residential and commercial properties. The commercial properties constructed the company includes Kamla Spaces, Avione Pawan Hans, Beeta, and others.
40GF Score

Get the complete analysis for BOM:542677

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

₹21.53
Price