Manoj Ceramic (BOM:544073) Interest Coverage: 2.95 (As of Mar. 2026) — 48% Above Median

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BOM:544073 Manoj Ceramic Ltd BOM:544073
42 GF Score
Price ₹74.95
! 7 Warning Signs
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What is Manoj Ceramic Interest Coverage?

Manoj Ceramic BOM:544073 42 Interest Coverage is 2.95 as of Mar. 2026, which is 48% above its 10-year median of 1.99. GuruFocus rates BOM:544073 with a GF Score™ of 42/100. The stock has 7 warning signs investors should review. Among 306 Building Materials companies, Manoj Ceramic ranks worse than 71.24% 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. Manoj Ceramic's Operating Income for the six months ended in Mar. 2026 was ₹129 Mil. Manoj Ceramic's Interest Expense for the six months ended in Mar. 2026 was ₹-44 Mil. Manoj Ceramic's interest coverage for the quarter that ended in Mar. 2026 was 2.95. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544073' s Interest Coverage Range Over the Past 10 Years
Min: 0.8   Med: 1.99   Max: 3.15
Current: 3.06


BOM:544073's Interest Coverage is ranked worse than
71.24% of 306 companies
in the Building Materials industry
Industry Median: 6.72 vs BOM:544073: 3.06

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


Manoj Ceramic  (BOM:544073) 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 .


Manoj Ceramic Interest Coverage Related Terms


Manoj Ceramic Interest Coverage Historical Data

* Premium members only.

The historical data trend for Manoj Ceramic'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.

Manoj Ceramic Interest Coverage Chart

Manoj Ceramic Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 0.92 1.94 2.04 3.15 3.06

Manoj Ceramic Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 2.08 2.60 3.67 3.20 2.95

BOM:544073 vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Manoj Ceramic'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.


Manoj Ceramic Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Manoj Ceramic's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Manoj Ceramic's Interest Coverage falls into.


BOM:544073
42GF Score
Manoj Ceramic Ltd BOM:544073
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Manoj Ceramic 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.

Manoj Ceramic'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, Manoj Ceramic's Interest Expense was ₹-78 Mil. Its Operating Income was ₹240 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹142 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*239.757/-78.339
=3.06

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

Here, for the six months ended in Mar. 2026, Manoj Ceramic's Interest Expense was ₹-44 Mil. Its Operating Income was ₹129 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹142 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*128.84/-43.64
=2.95

* 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 2.95 mean?
Manoj Ceramic (BOM:544073) has a Interest Coverage of 2.95 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manoj Ceramic and its competitors. This is 48% above median its historical median of 1.99. Over the past decade, Manoj Ceramic's Interest Coverage has ranged from 0.80 to 3.15. According to the industry distribution chart, Manoj Ceramic ranks #218 out of 306 companies in the Building Materials industry, placing it in the top 71.2%.
Is Manoj Ceramic's Interest Coverage too high?
Manoj Ceramic's current Interest Coverage of 2.95 is 48% above median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 3.15. The Building Materials industry median Interest Coverage is 6.72. Manoj Ceramic's value of 2.95 is 56.1% below this industry median. Based on the distribution chart, Manoj Ceramic ranks #218 out of 306 companies in the Building Materials industry, which is below the industry midpoint. Overall, Manoj Ceramic has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Manoj Ceramic's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Manoj Ceramic ranks #218 out of 306 companies for Interest Coverage. This places Manoj Ceramic in the lower half of its industry. The industry median Interest Coverage is 6.72. Manoj Ceramic's value of 2.95 is 56.1% below this benchmark. Historically, Manoj Ceramic's own Interest Coverage has ranged from 0.80 to 3.15 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 6.72, Manoj Ceramic 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.72, based on 306 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. Manoj Ceramic's current Interest Coverage of 2.95 is 56.1% 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 Manoj Ceramic and its competitors. For the Building Materials industry, the median Interest Coverage is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manoj Ceramic's current Interest Coverage is 2.95, which is 48% above median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Ceramic stock overvalued right now?
Manoj Ceramic (BOM:544073) has a current Interest Coverage of 2.95. The current Interest Coverage is 2.95, which is 48% above median its 10-year median of 1.99 and 56.1% below the Building Materials industry median of 6.72. Manoj Ceramic's overall GF Score™ is 42/100 with 7 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 Manoj Ceramic (BOM:544073), the current Interest Coverage is 2.95 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.

Manoj Ceramic Business Description

Address Unit No. 2 to 8, Building No. 19-24, Indian Corporation Compound, Mankoli Naka, Bhiwandi, Anjur, Thane, MH, IND, 421302
Manoj Ceramic Ltd is engaged in trading ceramic tiles and tile adhesive under its own brand "MCPL" through a dealer network, retail showrooms, wholesale (B2B), and exports. It specializes in two products: ceramic tiles and tile adhesive. Its segment includes the widest range of wall and floor tiles.
42GF 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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