Swashthik Plascon (BOM:544035) Interest Coverage: 1.74 (As of Mar. 2026) — 18% Below Median

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BOM:544035 Swashthik Plascon Ltd BOM:544035
38 GF Score
Price ₹22.00
! 8 Warning Signs
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What is Swashthik Plascon Interest Coverage?

Swashthik Plascon BOM:544035 -2.22% 38 Interest Coverage is 1.74 as of Mar. 2026, which is 18% below its 10-year median of 2.13. GuruFocus rates BOM:544035 with a GF Score™ of 38/100. The stock has 8 warning signs investors should review. Among 322 Packaging & Containers companies, Swashthik Plascon ranks worse than 70.19% 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. Swashthik Plascon's Operating Income for the six months ended in Mar. 2026 was ₹75 Mil. Swashthik Plascon's Interest Expense for the six months ended in Mar. 2026 was ₹-43 Mil. Swashthik Plascon's interest coverage for the quarter that ended in Mar. 2026 was 1.74. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Swashthik Plascon Ltd interest coverage is 2.79, which is low.

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

BOM:544035' s Interest Coverage Range Over the Past 10 Years
Min: 0.26   Med: 2.13   Max: 2.81
Current: 2.79


BOM:544035's Interest Coverage is ranked worse than
70.19% of 322 companies
in the Packaging & Containers industry
Industry Median: 6.075 vs BOM:544035: 2.79

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


Swashthik Plascon  (BOM:544035) 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 .


Swashthik Plascon Interest Coverage Related Terms


Swashthik Plascon Interest Coverage Historical Data

* Premium members only.

The historical data trend for Swashthik Plascon'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.

Swashthik Plascon Interest Coverage Chart

Swashthik Plascon Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 0.94 2.81 1.76 2.49 2.79

Swashthik Plascon Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 0.51 4.00 1.74 5.87 1.74

BOM:544035 vs SW, PKG, IP: Interest Coverage Comparison

For the Packaging & Containers subindustry, Swashthik Plascon'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.


Swashthik Plascon Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Swashthik Plascon's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Swashthik Plascon's Interest Coverage falls into.


BOM:544035
38GF Score
Swashthik Plascon Ltd BOM:544035
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swashthik Plascon 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.

Swashthik Plascon'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, Swashthik Plascon's Interest Expense was ₹-58 Mil. Its Operating Income was ₹161 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹617 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*160.589/-57.605
=2.79

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

Here, for the six months ended in Mar. 2026, Swashthik Plascon's Interest Expense was ₹-43 Mil. Its Operating Income was ₹75 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹617 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*74.659/-42.962
=1.74

* 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 1.74 mean?
Swashthik Plascon (BOM:544035) has a Interest Coverage of 1.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Swashthik Plascon and its competitors. This is 18% below median its historical median of 2.13. Over the past decade, Swashthik Plascon's Interest Coverage has ranged from 0.26 to 2.81. According to the industry distribution chart, Swashthik Plascon ranks #226 out of 322 companies in the Packaging & Containers industry, placing it in the top 70.2%.
Is Swashthik Plascon's Interest Coverage too high?
Swashthik Plascon's current Interest Coverage of 1.74 is 18% below median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 2.81. The Packaging & Containers industry median Interest Coverage is 6.08. Swashthik Plascon's value of 1.74 is 71.4% below this industry median. Based on the distribution chart, Swashthik Plascon ranks #226 out of 322 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Swashthik Plascon has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Swashthik Plascon's Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Swashthik Plascon ranks #226 out of 322 companies for Interest Coverage. This places Swashthik Plascon in the lower half of its industry. The industry median Interest Coverage is 6.08. Swashthik Plascon's value of 1.74 is 71.4% below this benchmark. Historically, Swashthik Plascon's own Interest Coverage has ranged from 0.26 to 2.81 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 6.08, Swashthik Plascon 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.08, based on 322 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. Swashthik Plascon's current Interest Coverage of 1.74 is 71.4% 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 Swashthik Plascon and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swashthik Plascon's current Interest Coverage is 1.74, which is 18% below median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swashthik Plascon stock overvalued right now?
Swashthik Plascon (BOM:544035) has a current Interest Coverage of 1.74. The current Interest Coverage is 1.74, which is 18% below median its 10-year median of 2.13 and 71.4% below the Packaging & Containers industry median of 6.08. Swashthik Plascon's overall GF Score™ is 38/100 with 8 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 Swashthik Plascon (BOM:544035), the current Interest Coverage is 1.74 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.

Swashthik Plascon Business Description

Address No. A75 - A76, PIPDIC Electronic Park, Thirubuvanai, Mannadipet Commune, Puducherry, KL, IND, 605107
Swashthik Plascon Ltd is a manufacturer and dealer of polyethylene terephthalate (PET) bottles and PET preforms. The company produces PET bottles for pharmaceutical, liquor, FMCG packaging, household applications, dish wash liquid packaging, and repellent dispensers. It also manufactures PET preforms used for soft drink bottles, packaged drinking water bottles, and juice bottles. The company serves customers prominently in India with a focus on quality, reliability, and eco-friendly practices. Its revenue is generated through the manufacture and sale of PET bottles, preforms, and related plastic products.
38GF Score

Get the complete analysis for BOM:544035

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

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