AMIC Forging (BOM:544037) Interest Coverage: 114.78 (As of Mar. 2026) — 363% Above Median

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BOM:544037 AMIC Forging Ltd BOM:544037
47 GF Score
Price ₹1,752.40
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What is AMIC Forging Interest Coverage?

AMIC Forging BOM:544037 -0.83% 47 Interest Coverage is 114.78 as of Mar. 2026, which is 363% above its 10-year median of 24.78. GuruFocus rates BOM:544037 with a GF Score™ of 47/100. The stock has 10 warning signs investors should review. Among 2,321 Industrial Products companies, AMIC Forging ranks better than 79.02% 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. AMIC Forging's Operating Income for the six months ended in Mar. 2026 was ₹227 Mil. AMIC Forging's Interest Expense for the six months ended in Mar. 2026 was ₹-2 Mil. AMIC Forging's interest coverage for the quarter that ended in Mar. 2026 was 114.78. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544037' s Interest Coverage Range Over the Past 10 Years
Min: 2.74   Med: 24.78   Max: 81.56
Current: 81.56


BOM:544037's Interest Coverage is ranked better than
79.02% of 2321 companies
in the Industrial Products industry
Industry Median: 14.72 vs BOM:544037: 81.56

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


AMIC Forging  (BOM:544037) 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 .


AMIC Forging Interest Coverage Related Terms


AMIC Forging Interest Coverage Historical Data

* Premium members only.

The historical data trend for AMIC Forging'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.

AMIC Forging Interest Coverage Chart

AMIC Forging Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 2.74 16.85 32.70 61.18 81.56

AMIC Forging Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 29.81 35.18 161.55 58.27 114.78

BOM:544037 vs CRS, ATI, MLI: Interest Coverage Comparison

For the Metal Fabrication subindustry, AMIC Forging'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.


AMIC Forging Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, AMIC Forging's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AMIC Forging's Interest Coverage falls into.


BOM:544037
47GF Score
AMIC Forging Ltd BOM:544037
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AMIC Forging 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.

AMIC Forging'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, AMIC Forging's Interest Expense was ₹-5 Mil. Its Operating Income was ₹392 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹22 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*391.656/-4.802
=81.56

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

Here, for the six months ended in Mar. 2026, AMIC Forging's Interest Expense was ₹-2 Mil. Its Operating Income was ₹227 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹22 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*227.154/-1.979
=114.78

* 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 114.78 mean?
AMIC Forging (BOM:544037) has a Interest Coverage of 114.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AMIC Forging and its competitors. This is 363% above median its historical median of 24.78. Over the past decade, AMIC Forging's Interest Coverage has ranged from 2.74 to 81.56. According to the industry distribution chart, AMIC Forging ranks #487 out of 2321 companies in the Industrial Products industry, placing it in the top 21%.
Is AMIC Forging's Interest Coverage too high?
AMIC Forging's current Interest Coverage of 114.78 is 363% above median its 10-year median of 24.78. Over the past 10 years, this metric has ranged from a low of 2.74 to a high of 81.56. The Industrial Products industry median Interest Coverage is 14.72. AMIC Forging's value of 114.78 is 679.8% above this industry median. Based on the distribution chart, AMIC Forging ranks #487 out of 2321 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, AMIC Forging has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does AMIC Forging's Interest Coverage compare to CRS and ATI?
According to the Industrial Products industry distribution chart, AMIC Forging ranks #487 out of 2321 companies for Interest Coverage. This places AMIC Forging in the top 21% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.72. AMIC Forging's value of 114.78 is 679.8% above this benchmark. Historically, AMIC Forging's own Interest Coverage has ranged from 2.74 to 81.56 over the past decade. While the company's 10-year median is 24.78 vs. the industry median of 14.72, AMIC Forging 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 Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.72, based on 2,321 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. AMIC Forging's current Interest Coverage of 114.78 is 679.8% 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 AMIC Forging and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AMIC Forging's current Interest Coverage is 114.78, which is 363% above median its own 10-year median of 24.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AMIC Forging stock overvalued right now?
AMIC Forging (BOM:544037) has a current Interest Coverage of 114.78. The current Interest Coverage is 114.78, which is 363% above median its 10-year median of 24.78 and 679.8% above the Industrial Products industry median of 14.72. AMIC Forging's overall GF Score™ is 47/100 with 10 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 AMIC Forging (BOM:544037), the current Interest Coverage is 114.78 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.

AMIC Forging Business Description

Address 3A, Garstin Place, 2nd Floor, Kolkata, WB, IND, 700001
AMIC Forging Ltd is engaged in manufacturing forged components catering to various industries with its manufacturing facility at Baidyabati, Hooghly. It manufactures precision-machined components catering to various industries such as heavy Engineering, Steel Industry, Oil and gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar, and other related industries. It manufactures different forging components such as Gear Couplings, Roller Shaft, Brake Drum, Hook, and other products.
47GF Score

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