Deep Industries (BOM:543288) Interest Coverage: 24.78 (As of Mar. 2026) — 51% Above Median

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BOM:543288 Deep Industries Ltd BOM:543288
87 GF Score
Price ₹462.80
GF Value ₹662.20
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Deep Industries Interest Coverage?

Deep Industries BOM:543288 -0.55% 87 Interest Coverage is 24.78 as of Mar. 2026, which is 51% above its 10-year median of 16.43. GuruFocus rates BOM:543288 with a GF Score™ of 87/100 and a GF Value™ of ₹662.20 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 730 Oil & Gas companies, Deep Industries ranks better than 70.68% 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. Deep Industries's Operating Income for the three months ended in Mar. 2026 was ₹663 Mil. Deep Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-27 Mil. Deep Industries's interest coverage for the quarter that ended in Mar. 2026 was 24.78. The higher the ratio, the stronger the company's financial strength is.

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

BOM:543288' s Interest Coverage Range Over the Past 10 Years
Min: 4.09   Med: 16.43   Max: 36.55
Current: 16.79


BOM:543288's Interest Coverage is ranked better than
70.68% of 730 companies
in the Oil & Gas industry
Industry Median: 5.89 vs BOM:543288: 16.79

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


Deep Industries  (BOM:543288) 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 .


Deep Industries Interest Coverage Related Terms


Deep Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Deep 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.

Deep Industries Interest Coverage Chart

Deep Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 36.55 31.88 18.45 16.06 16.79

Deep 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 15.14 16.61 11.78 19.55 24.78

BOM:543288 vs COP, EOG, FANG: Interest Coverage Comparison

For the Oil & Gas E&P subindustry, Deep 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.


Deep Industries Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Deep Industries's Interest Coverage distribution charts can be found below:

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


BOM:543288
87GF Score
Deep Industries Ltd BOM:543288
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deep 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.

Deep 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, Deep Industries's Interest Expense was ₹-176 Mil. Its Operating Income was ₹2,960 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,089 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2960.451/-176.355
=16.79

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

Here, for the three months ended in Mar. 2026, Deep Industries's Interest Expense was ₹-27 Mil. Its Operating Income was ₹663 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,089 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*662.743/-26.749
=24.78

* 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 24.78 mean?
Deep Industries (BOM:543288) has a Interest Coverage of 24.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Deep Industries and its competitors. This is 51% above median its historical median of 16.43. Over the past decade, Deep Industries' Interest Coverage has ranged from 4.09 to 36.55. According to the industry distribution chart, Deep Industries ranks #214 out of 730 companies in the Oil & Gas industry, placing it in the top 29.3%.
Is Deep Industries' Interest Coverage too high?
Deep Industries' current Interest Coverage of 24.78 is 51% above median its 10-year median of 16.43. Over the past 10 years, this metric has ranged from a low of 4.09 to a high of 36.55. The Oil & Gas industry median Interest Coverage is 5.89. Deep Industries' value of 24.78 is 320.7% above this industry median. Based on the distribution chart, Deep Industries ranks #214 out of 730 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Deep Industries has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Deep Industries' Interest Coverage compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Deep Industries ranks #214 out of 730 companies for Interest Coverage. This puts Deep Industries in the upper half of its industry. The industry median Interest Coverage is 5.89. Deep Industries' value of 24.78 is 320.7% above this benchmark. Historically, Deep Industries' own Interest Coverage has ranged from 4.09 to 36.55 over the past decade. While the company's 10-year median is 16.43 vs. the industry median of 5.89, Deep Industries 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 730 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. Deep Industries's current Interest Coverage of 24.78 is 320.7% 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 Deep Industries and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deep Industries's current Interest Coverage is 24.78, which is 51% above median its own 10-year median of 16.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deep Industries stock overvalued right now?
Based on GuruFocus' analysis, Deep Industries (BOM:543288) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹662.20, compared to a current price of ₹462.80 — trading 30.1% below its estimated fair value. The current Interest Coverage is 24.78, which is 51% above median its 10-year median of 16.43 and 320.7% above the Oil & Gas industry median of 5.89. Deep Industries' overall GF Score™ is 87/100 with 1 warning sign 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 Deep Industries (BOM:543288), the current Interest Coverage is 24.78 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 Deep Industries (BOM:543288) Overvalued in 2026?

Based on GuruFocus' analysis, Deep Industries stock appears to be undervalued. The current stock price of ₹462.80 is trading 30.1% below its estimated GF Value™ of ₹662.20. GuruFocus considers Deep Industries to be Significantly Undervalued.

Key valuation signals for BOM:543288:

  • Interest Coverage: 24.78 (51% above median its 10-year median of 16.43)
  • GF Value™: ₹662.20 vs. price of ₹462.80 (30.1% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 320.7% above the Oil & Gas median (#214 of 730)

No single metric tells the full story. See the BOM:543288 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Deep Industries Business Description

Industry EnergyOil & Gas
Other Exchanges DEEPINDS:India
Address Ambli Bopal Road, 12A & 14, Abhishree Corporate Park, Ambli, Ahmedabad, GJ, IND, 380058
Deep Industries Ltd is a diversified oil & gas company. It holds interest in air and gas compression, gas dehydration, workover, drilling, and oil and gas exploration and production. It is the natural gas compression services provider in India and has also diversified into providing work-over and drilling services to exploration and production players through its fleet of rigs. Its Oil and Gas industry is typically split into three segments mainly Upstream, Midstream, and Downstream.
87GF Score

Get the complete analysis for BOM:543288

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

₹462.80
Price
₹662.20
GF Value