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. Shyam Metalics and Energy's
Operating Income
for the
three
months ended in Mar. 2026 was ₹4,800 Mil. Shyam Metalics and Energy's Interest Expense for the
three
months ended in Mar. 2026 was ₹-513 Mil.
Shyam Metalics and Energy's interest coverage for the quarter that ended in Mar. 2026 was 9.36.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Shyam Metalics and Energy's Interest Coverage or its related term are showing as below:
BOM:543299'
s Interest Coverage Range Over the Past 10 Years
Min: 1.61 Med: 12.06 Max: 147.48
Current: 7.58
BOM:543299's Interest Coverage is ranked better than 61.62% of 456
companies
in the Steel industry
Industry Median: 4.445
vs BOM:543299: 7.58
Shyam Metalics and Energy (BOM:543299) 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 .
Shyam Metalics and Energy Interest Coverage Related Terms
Shyam Metalics and Energy Interest Coverage Historical Data
* 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:543299 vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Shyam Metalics and Energy'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.
Shyam Metalics and Energy Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Shyam Metalics and Energy's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shyam Metalics and Energy's Interest Coverage falls into.
Shyam Metalics and Energy 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:
* 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.
Shyam Metalics and Energy (BOM:543299) has a Interest Coverage of 9.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shyam Metalics and Energy and its competitors. This is 22% below median its historical median of 12.06. Over the past decade, Shyam Metalics and Energy's Interest Coverage has ranged from 1.61 to 147.48. According to the industry distribution chart, Shyam Metalics and Energy ranks #175 out of 456 companies in the Steel industry, placing it in the top 38.4%.
Is Shyam Metalics and Energy's Interest Coverage too high?
Shyam Metalics and Energy's current Interest Coverage of 9.36 is 22% below median its 10-year median of 12.06. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 147.48. The Steel industry median Interest Coverage is 4.45. Shyam Metalics and Energy's value of 9.36 is 110.6% above this industry median. Based on the distribution chart, Shyam Metalics and Energy ranks #175 out of 456 companies in the Steel industry, which is above the industry midpoint. Overall, Shyam Metalics and Energy has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shyam Metalics and Energy's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Shyam Metalics and Energy ranks #175 out of 456 companies for Interest Coverage. This puts Shyam Metalics and Energy in the upper half of its industry. The industry median Interest Coverage is 4.45. Shyam Metalics and Energy's value of 9.36 is 110.6% above this benchmark. Historically, Shyam Metalics and Energy's own Interest Coverage has ranged from 1.61 to 147.48 over the past decade. While the company's 10-year median is 12.06 vs. the industry median of 4.45, Shyam Metalics and Energy 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Shyam Metalics and Energy's current Interest Coverage of 9.36 is 110.6% 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 Shyam Metalics and Energy and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shyam Metalics and Energy's current Interest Coverage is 9.36, which is 22% below median its own 10-year median of 12.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shyam Metalics and Energy stock overvalued right now?
Based on GuruFocus' analysis, Shyam Metalics and Energy (BOM:543299) is currently considered Fairly Valued. The stock's GF Value™ is ₹962.21, compared to a current price of ₹960.00 — trading 0.2% below its estimated fair value. The current Interest Coverage is 9.36, which is 22% below median its 10-year median of 12.06 and 110.6% above the Steel industry median of 4.45. Shyam Metalics and Energy's overall GF Score™ is 88/100 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 Shyam Metalics and Energy (BOM:543299), the current Interest Coverage is 9.36 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 Shyam Metalics and Energy (BOM:543299) Overvalued in 2026?
Based on GuruFocus' analysis, Shyam Metalics and Energy stock appears to be undervalued.
The current stock price of ₹960.00 is trading 0.2% below its estimated GF Value™ of ₹962.21.
GuruFocus considers Shyam Metalics and Energy to be Fairly Valued.
Key valuation signals for BOM:543299:
Interest Coverage: 9.36 (22% below median its 10-year median of 12.06)
GF Value™: ₹962.21 vs. price of ₹960.00 (0.2% below fair value)
Industry Position: 110.6% above the Steel median (#175 of 456)
No single metric tells the full story. See the BOM:543299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shyam Metalics and Energy Ltd is an integrated metal producer company. It is majorly engaged in the production of long steel products such as iron pellets, sponge iron, steel billets, TMT, structural products, wire rods, and ferroalloys. The company generates the majority of its revenue from India. The group revenue from the Sale of Manufactured Products, Sale of Services, Sale of Traded Goods, and Sale of Power, with the majority being generated from the sale of manufactured products. The Company has only one business segment which is iron and steel.
88GF Score
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