Sigachi Industries (BOM:543389) Interest Coverage : 7.15 (As of Mar. 2025)

View and export this data going back to 2021. Start your Free Trial

What is Sigachi Industries Interest Coverage?

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. Sigachi Industries's Operating Income for the three months ended in Mar. 2025 was ₹238 Mil. Sigachi Industries's Interest Expense for the three months ended in Mar. 2025 was ₹-33 Mil. Sigachi Industries's interest coverage for the quarter that ended in Mar. 2025 was 7.15. The higher the ratio, the stronger the company's financial strength is.

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

BOM:543389' s Interest Coverage Range Over the Past 10 Years
Min: 6.78 Med: 15.29 Max: 75.68
Current: 6.78

BOM:543389's Interest Coverage is ranked worse than
62.6% of 655 companies
in the Drug Manufacturers industry
Industry Median: 11.83 vs BOM:543389: 6.78

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

Sigachi Industries Interest Coverage Historical Data

The historical data trend for Sigachi 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.

* Premium members only.

Sigachi Industries Interest Coverage Chart

Sigachi Industries Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Interest Coverage

Get a 7-Day Free Trial

51.14

75.68

17.01

8.48

6.78

Sigachi Industries Quarterly Data
	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Interest Coverage	Get a 7-Day Free Trial															4.47	5.65	6.68	7.46	7.15

Competitive Comparison of Sigachi Industries's Interest Coverage

For the Drug Manufacturers - Specialty & Generic subindustry, Sigachi 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.

Sigachi Industries's Interest Coverage Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sigachi Industries's Interest Coverage distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Sigachi 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.

Sigachi Industries's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Sigachi Industries's Interest Expense was ₹-124 Mil. Its Operating Income was ₹842 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹216 Mil.

Interest Coverage	=	-1	*	Operating Income (A: Mar. 2025 )	/	Interest Expense (A: Mar. 2025 )
	=	-1	*	842.101	/	-124.124
	=	6.78

Sigachi Industries's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the three months ended in Mar. 2025, Sigachi Industries's Interest Expense was ₹-33 Mil. Its Operating Income was ₹238 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹216 Mil.

Interest Coverage	=	-1	*	Operating Income (Q: Mar. 2025 )	/	Interest Expense (Q: Mar. 2025 )
	=	-1	*	238.133	/	-33.306
	=	7.15

The higher the ratio, the stronger the company's Financial Strength is.

Sigachi Industries (BOM:543389) 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 .

Sigachi Industries Interest Coverage Related Terms

Thank you for viewing the detailed overview of Sigachi Industries's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Sigachi Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sigachi Industries Ltd (BOM:543389) » Definitions » Interest Coverage

Traded in Other Exchanges

SIGACHI:India

Address

No. 229/1 & 90, Kalyan’s Tulsiram Chambers, Madinaguda, Hyderabad, TG, IND, 500 049

Website

https://www.sigachi.com

Sigachi Industries Ltd is engaged in the manufacturing of Microcrystalline Cellulose (MCC), which is widely used as an excipient for finished dosages in the pharmaceutical industry. The Company is mainly pursuing only one activity which is manufacturing and selling of MCC. The company manufactures MCC of various grades ranging from 15 microns to 250 microns and the crucial grades of MCC manufactured and marketed by the company are branded as HiCel and AceCel.

Sigachi Industries Headlines

No Headlines