INOX IndiaBOM:544046 -1.36%49 Interest Coverage is 24.40 as of Mar. 2026, which is 62% below its 10-year median of 63.93. GuruFocus rates BOM:544046 with a GF Score™ of 49/100. The stock has 9 warning signs investors should review. Among 2,320 Industrial Products companies, INOX India ranks better than 65.47% 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. INOX India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹856 Mil. INOX India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-35 Mil.
INOX India's interest coverage for the quarter that ended in Mar. 2026 was 24.40.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for INOX India's Interest Coverage or its related term are showing as below:
BOM:544046'
s Interest Coverage Range Over the Past 10 Years
Min: 26.92 Med: 63.93 Max: 124.89
Current: 33.5
BOM:544046's Interest Coverage is ranked better than 65.47% of 2320
companies
in the Industrial Products industry
Industry Median: 14.88
vs BOM:544046: 33.50
INOX India (BOM:544046) 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 .
INOX India Interest Coverage Related Terms
INOX India Interest Coverage Historical Data
* Premium members only.
The historical data trend for INOX India'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.
BOM:544046 vs GEV, ETN, PH: Interest Coverage Comparison
For the Specialty Industrial Machinery subindustry, INOX India'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.
INOX India Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, INOX India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where INOX India's Interest Coverage falls into.
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.
INOX India (BOM:544046) has a Interest Coverage of 24.40 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on INOX India and its competitors. This is 62% below median its historical median of 63.93. Over the past decade, INOX India's Interest Coverage has ranged from 26.92 to 124.89. According to the industry distribution chart, INOX India ranks #801 out of 2320 companies in the Industrial Products industry, placing it in the top 34.5%.
Is INOX India's Interest Coverage too high?
INOX India's current Interest Coverage of 24.40 is 62% below median its 10-year median of 63.93. Over the past 10 years, this metric has ranged from a low of 26.92 to a high of 124.89. The Industrial Products industry median Interest Coverage is 14.88. INOX India's value of 24.40 is 64% above this industry median. Based on the distribution chart, INOX India ranks #801 out of 2320 companies in the Industrial Products industry, which is above the industry midpoint. Overall, INOX India has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does INOX India's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, INOX India ranks #801 out of 2320 companies for Interest Coverage. This puts INOX India in the upper half of its industry. The industry median Interest Coverage is 14.88. INOX India's value of 24.40 is 64% above this benchmark. Historically, INOX India's own Interest Coverage has ranged from 26.92 to 124.89 over the past decade. While the company's 10-year median is 63.93 vs. the industry median of 14.88, INOX India 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 14.88, based on 2,320 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. INOX India's current Interest Coverage of 24.40 is 64% 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 INOX India and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INOX India's current Interest Coverage is 24.40, which is 62% below median its own 10-year median of 63.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX India stock overvalued right now?
INOX India (BOM:544046) has a current Interest Coverage of 24.40. The current Interest Coverage is 24.40, which is 62% below median its 10-year median of 63.93 and 64% above the Industrial Products industry median of 14.88. INOX India's overall GF Score™ is 49/100 with 9 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 INOX India (BOM:544046), the current Interest Coverage is 24.40 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.
INOX India Ltd is a manufacturer of cryogenic equipment and cryogenic tanks. The company's products include standard cryogenic tanks and equipment, beverage kegs, bespoke technology, equipment, and solutions as well as large turnkey projects which are used in diverse industries such as industrial gases, liquified natural gas (LNG), green hydrogen, energy, steel, medical and healthcare, chemicals and fertilizers, aviation and aerospace, pharmaceuticals and construction. The company generates revenue from India, Korea, France, Japan, Saudi Arabia, and other regions.
49GF Score
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