Siyaram Recycling Industries (BOM:544047) Interest Coverage: 1.09 (As of Mar. 2026) — 58% Below Median


BOM:544047 Siyaram Recycling Industries Ltd BOM:544047
44 GF Score
Price ₹42.50
! 9 Warning Signs
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What is Siyaram Recycling Industries Interest Coverage?

Siyaram Recycling Industries BOM:544047 +0.71% 44 Interest Coverage is 1.09 as of Mar. 2026, which is 58% below its 10-year median of 2.62. GuruFocus rates BOM:544047 with a GF Score™ of 44/100. The stock has 9 warning signs investors should review. Among 2,323 Industrial Products companies, Siyaram Recycling Industries ranks worse than 92.77% 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. Siyaram Recycling Industries's Operating Income for the six months ended in Mar. 2026 was ₹67 Mil. Siyaram Recycling Industries's Interest Expense for the six months ended in Mar. 2026 was ₹-62 Mil. Siyaram Recycling Industries's interest coverage for the quarter that ended in Mar. 2026 was 1.09. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544047' s Interest Coverage Range Over the Past 10 Years
Min: 1.45   Med: 2.62   Max: 10.56
Current: 1.45


BOM:544047's Interest Coverage is ranked worse than
92.77% of 2323 companies
in the Industrial Products industry
Industry Median: 14.72 vs BOM:544047: 1.45

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


Siyaram Recycling Industries  (BOM:544047) 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 .


Siyaram Recycling Industries Interest Coverage Related Terms


Siyaram Recycling Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Siyaram Recycling 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.

Siyaram Recycling Industries Interest Coverage Chart

Siyaram Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 10.56 2.55 2.68 3.36 1.45

Siyaram Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 2.48 3.71 3.07 1.95 1.09

BOM:544047 vs CRS, ATI, MLI: Interest Coverage Comparison

For the Metal Fabrication subindustry, Siyaram Recycling 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.


Siyaram Recycling Industries Interest Coverage vs Industrial Products Industry

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

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


BOM:544047
44GF Score
Siyaram Recycling Industries Ltd BOM:544047
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Siyaram Recycling 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.

Siyaram Recycling Industries'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, Siyaram Recycling Industries's Interest Expense was ₹-106 Mil. Its Operating Income was ₹154 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹155 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*153.999/-106.268
=1.45

Siyaram Recycling Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Siyaram Recycling Industries's Interest Expense was ₹-62 Mil. Its Operating Income was ₹67 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹155 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*67.467/-61.838
=1.09

* 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 1.09 mean?
Siyaram Recycling Industries (BOM:544047) has a Interest Coverage of 1.09 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Siyaram Recycling Industries and its competitors. This is 58% below median its historical median of 2.62. Over the past decade, Siyaram Recycling Industries' Interest Coverage has ranged from 1.45 to 10.56. According to the industry distribution chart, Siyaram Recycling Industries ranks #2155 out of 2323 companies in the Industrial Products industry, placing it in the top 92.8%.
Is Siyaram Recycling Industries' Interest Coverage too high?
Siyaram Recycling Industries' current Interest Coverage of 1.09 is 58% below median its 10-year median of 2.62. Over the past 10 years, this metric has ranged from a low of 1.45 to a high of 10.56. The Industrial Products industry median Interest Coverage is 14.72. Siyaram Recycling Industries' value of 1.09 is 92.6% below this industry median. Based on the distribution chart, Siyaram Recycling Industries ranks #2155 out of 2323 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Siyaram Recycling Industries has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Siyaram Recycling Industries' Interest Coverage compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Siyaram Recycling Industries ranks #2155 out of 2323 companies for Interest Coverage. This places Siyaram Recycling Industries in the lower half of its industry. The industry median Interest Coverage is 14.72. Siyaram Recycling Industries' value of 1.09 is 92.6% below this benchmark. Historically, Siyaram Recycling Industries' own Interest Coverage has ranged from 1.45 to 10.56 over the past decade. While the company's 10-year median is 2.62 vs. the industry median of 14.72, Siyaram Recycling Industries 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.72, based on 2,323 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. Siyaram Recycling Industries's current Interest Coverage of 1.09 is 92.6% 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 Siyaram Recycling Industries 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. Siyaram Recycling Industries's current Interest Coverage is 1.09, which is 58% below median its own 10-year median of 2.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siyaram Recycling Industries stock overvalued right now?
Siyaram Recycling Industries (BOM:544047) has a current Interest Coverage of 1.09. The current Interest Coverage is 1.09, which is 58% below median its 10-year median of 2.62 and 92.6% below the Industrial Products industry median of 14.72. Siyaram Recycling Industries' overall GF Score™ is 44/100 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 Siyaram Recycling Industries (BOM:544047), the current Interest Coverage is 1.09 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.

Siyaram Recycling Industries Business Description

Address Plot No. 6 & 7, Village: Lakhabaval Post: Khodiyar Colony, Jamnagar, GJ, IND, 361006
Siyaram Recycling Industries Ltd is primarily engaged in the segregation of brass scrap, manufacturing of brass ingots, billets and brass rods and manufacturing of brass-based components such as plumbing and sanitary parts. The company also manufactures brass ingots, billets and rods through brass scrap and is mainly exported to China. Additionally, it supplies brass ingots to esteemed customers in India such as Astral Limited, Kajaria Bathware and AGI Greenpac. It procures brass scrap mainly from international market such as USA, UK, Europe and Middle East. Post procurement, segregation of brass is done and is mainly sold by in Gujarat.
44GF Score

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

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