Greenpanel Industries (BOM:542857) Interest Coverage: 1.63 (As of Mar. 2026) — 92% Below 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:542857 Greenpanel Industries Ltd BOM:542857
79 GF Score
Price ₹196.00
GF Value ₹320.77
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Greenpanel Industries Interest Coverage?

Greenpanel Industries BOM:542857 +2.81% 79 Interest Coverage is 1.63 as of Mar. 2026, which is 92% below its 10-year median of 20.88. GuruFocus rates BOM:542857 with a GF Score™ of 79/100 and a GF Value™ of ₹320.77 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 183 Forest Products companies, Greenpanel Industries ranks worse than 546447.54% 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. Greenpanel Industries's Operating Income for the three months ended in Mar. 2026 was ₹68 Mil. Greenpanel Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-42 Mil. Greenpanel Industries's interest coverage for the quarter that ended in Mar. 2026 was 1.63. The higher the ratio, the stronger the company's financial strength is.

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


BOM:542857's Interest Coverage is not ranked *
in the Forest Products industry.
Industry Median: 4.11
* Ranked among companies with meaningful Interest Coverage only.

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


Greenpanel Industries  (BOM:542857) 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 .


Greenpanel Industries Interest Coverage Related Terms


Greenpanel Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Greenpanel 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.

Greenpanel Industries Interest Coverage Chart

Greenpanel Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 20.88 40.80 24.03 137.86 0.77

Greenpanel 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 2.08 1.63

BOM:542857 vs SSD, UFPI, BCC: Interest Coverage Comparison

For the Lumber & Wood Production subindustry, Greenpanel 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.


Greenpanel Industries Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenpanel Industries's Interest Coverage distribution charts can be found below:

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


BOM:542857
79GF Score
Greenpanel Industries Ltd BOM:542857
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Greenpanel 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.

Greenpanel 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, Greenpanel Industries's Interest Expense was ₹-192 Mil. Its Operating Income was ₹148 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,879 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*147.8/-191.8
=0.77

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

Here, for the three months ended in Mar. 2026, Greenpanel Industries's Interest Expense was ₹-42 Mil. Its Operating Income was ₹68 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,879 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*68.071/-41.838
=1.63

* 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 1.63 mean?
Greenpanel Industries (BOM:542857) has a Interest Coverage of 1.63 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Greenpanel Industries and its competitors. This is 92% below median its historical median of 20.88. According to the industry distribution chart, Greenpanel Industries ranks #999999 out of 183 companies in the Forest Products industry.
Is Greenpanel Industries' Interest Coverage too high?
Greenpanel Industries' current Interest Coverage of 1.63 is 92% below median its 10-year median of 20.88. The Forest Products industry median Interest Coverage is 4.11. Greenpanel Industries' value of 1.63 is 60.3% below this industry median. Based on the distribution chart, Greenpanel Industries ranks #999999 out of 183 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Greenpanel Industries has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenpanel Industries' Interest Coverage compare to SSD and UFPI?
According to the Forest Products industry distribution chart, Greenpanel Industries ranks #999999 out of 183 companies for Interest Coverage. This places Greenpanel Industries in the lower half of its industry. The industry median Interest Coverage is 4.11. Greenpanel Industries' value of 1.63 is 60.3% below this benchmark. While the company's 10-year median is 20.88 vs. the industry median of 4.11, Greenpanel 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 4.11, based on 183 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. Greenpanel Industries's current Interest Coverage of 1.63 is 60.3% 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 Greenpanel Industries and its competitors. For the Forest Products industry, the median Interest Coverage is 4.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenpanel Industries's current Interest Coverage is 1.63, which is 92% below median its own 10-year median of 20.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenpanel Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenpanel Industries (BOM:542857) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹320.77, compared to a current price of ₹196.00 — trading 38.9% below its estimated fair value. The current Interest Coverage is 1.63, which is 92% below median its 10-year median of 20.88 and 60.3% below the Forest Products industry median of 4.11. Greenpanel Industries' overall GF Score™ is 79/100 with 5 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 Greenpanel Industries (BOM:542857), the current Interest Coverage is 1.63 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 Greenpanel Industries (BOM:542857) Overvalued in 2026?

Based on GuruFocus' analysis, Greenpanel Industries stock appears to be undervalued. The current stock price of ₹196.00 is trading 38.9% below its estimated GF Value™ of ₹320.77. GuruFocus considers Greenpanel Industries to be Significantly Undervalued.

Key valuation signals for BOM:542857:

  • Interest Coverage: 1.63 (92% below median its 10-year median of 20.88)
  • GF Value™: ₹320.77 vs. price of ₹196.00 (38.9% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 60.3% below the Forest Products median (#999999 of 183)

No single metric tells the full story. See the BOM:542857 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Greenpanel Industries Business Description

Other Exchanges GREENPANEL:India
Address DLF Downtown, Block 3, 1st Floor, DLF Phase 3, Sector 25A, Gurugram, HR, IND, 122002
Greenpanel Industries Ltd is a manufacturer of wood panels. It offers products such as Medium Density Fibre Boards, Plywood, Block Boards, Veneers, Wood Floors, and Doors. The operating segment of the company includes Plywood and allied products, and Medium density fibreboards and allied products. The company generates maximum revenue from the medium-density fibreboards and allied products segment. Geographically, it derives a majority of its revenue from India. The company's manufacturing facilities are located in Rudrapur, Udham Singh Nagar district (Uttarakhand) and Srikalahasti, Tirupati district (Andhra Pradesh).
79GF Score

Get the complete analysis for BOM:542857

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

₹196.00
Price
₹320.77
GF Value