Nova Agritech (BOM:544100) Interest Coverage: 1.82 (As of Mar. 2026) — 61% Below Median


BOM:544100 Nova Agritech Ltd BOM:544100
46 GF Score
Price ₹23.62
! 7 Warning Signs
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What is Nova Agritech Interest Coverage?

Nova Agritech BOM:544100 -1.95% 46 Interest Coverage is 1.82 as of Mar. 2026, which is 61% below its 10-year median of 4.63. GuruFocus rates BOM:544100 with a GF Score™ of 46/100. The stock has 7 warning signs investors should review. Among 200 Agriculture companies, Nova Agritech ranks worse than 62.5% 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. Nova Agritech's Operating Income for the three months ended in Mar. 2026 was ₹20 Mil. Nova Agritech's Interest Expense for the three months ended in Mar. 2026 was ₹-11 Mil. Nova Agritech's interest coverage for the quarter that ended in Mar. 2026 was 1.82. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544100' s Interest Coverage Range Over the Past 10 Years
Min: 2.3   Med: 4.63   Max: 7.78
Current: 4.61


BOM:544100's Interest Coverage is ranked worse than
62.5% of 200 companies
in the Agriculture industry
Industry Median: 7.065 vs BOM:544100: 4.61

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


Nova Agritech  (BOM:544100) 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 .


Nova Agritech Interest Coverage Related Terms


Nova Agritech Interest Coverage Historical Data

* Premium members only.

The historical data trend for Nova Agritech'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.

Nova Agritech Interest Coverage Chart

Nova Agritech Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 3.72 4.64 5.30 7.78 4.61

Nova Agritech Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.99 4.39 8.98 3.31 1.82

BOM:544100 vs CTVA, CF, MOS: Interest Coverage Comparison

For the Agricultural Inputs subindustry, Nova Agritech'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.


Nova Agritech Interest Coverage vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Nova Agritech's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Nova Agritech's Interest Coverage falls into.


BOM:544100
46GF Score
Nova Agritech Ltd BOM:544100
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Nova Agritech 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.

Nova Agritech'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, Nova Agritech's Interest Expense was ₹-49 Mil. Its Operating Income was ₹224 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹23 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*223.686/-48.553
=4.61

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

Here, for the three months ended in Mar. 2026, Nova Agritech's Interest Expense was ₹-11 Mil. Its Operating Income was ₹20 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹23 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*19.584/-10.737
=1.82

* 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 1.82 mean?
Nova Agritech (BOM:544100) has a Interest Coverage of 1.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nova Agritech and its competitors. This is 61% below median its historical median of 4.63. Over the past decade, Nova Agritech's Interest Coverage has ranged from 2.30 to 7.78. According to the industry distribution chart, Nova Agritech ranks #125 out of 200 companies in the Agriculture industry, placing it in the top 62.5%.
Is Nova Agritech's Interest Coverage too high?
Nova Agritech's current Interest Coverage of 1.82 is 61% below median its 10-year median of 4.63. Over the past 10 years, this metric has ranged from a low of 2.30 to a high of 7.78. The Agriculture industry median Interest Coverage is 7.07. Nova Agritech's value of 1.82 is 74.2% below this industry median. Based on the distribution chart, Nova Agritech ranks #125 out of 200 companies in the Agriculture industry, which is below the industry midpoint. Overall, Nova Agritech has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Nova Agritech's Interest Coverage compare to CTVA and CF?
According to the Agriculture industry distribution chart, Nova Agritech ranks #125 out of 200 companies for Interest Coverage. This places Nova Agritech in the lower half of its industry. The industry median Interest Coverage is 7.07. Nova Agritech's value of 1.82 is 74.2% below this benchmark. Historically, Nova Agritech's own Interest Coverage has ranged from 2.30 to 7.78 over the past decade. While the company's 10-year median is 4.63 vs. the industry median of 7.07, Nova Agritech 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 Agriculture company?
The median Interest Coverage among Agriculture companies is 7.07, based on 200 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. Nova Agritech's current Interest Coverage of 1.82 is 74.2% 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 Nova Agritech and its competitors. For the Agriculture industry, the median Interest Coverage is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nova Agritech's current Interest Coverage is 1.82, which is 61% below median its own 10-year median of 4.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Agritech stock overvalued right now?
Nova Agritech (BOM:544100) has a current Interest Coverage of 1.82. The current Interest Coverage is 1.82, which is 61% below median its 10-year median of 4.63 and 74.2% below the Agriculture industry median of 7.07. Nova Agritech's overall GF Score™ is 46/100 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 Nova Agritech (BOM:544100), the current Interest Coverage is 1.82 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.

Nova Agritech Business Description

Other Exchanges NOVAAGRI:India
Address Sy.No.251/A/1, Singannaguda Village, Mulugu Mandal, Medak, Siddipet, TG, IND, 502279
Nova Agritech Ltd is an agri-input manufacturer company. It offers soil health management, crop nutrition, and crop protection products focused on tech-based farmer-driven solutions and also offers ecologically sustainable and nutritionally balanced products. It also manufactures, distributes and market a wide range of product categories consisting of (a) soil health management products; (b) crop nutrition products; (c) bio stimulant products (d) bio pesticide products (e) Integrated pest management products; (f) new technologies; and (g) crop protection products.
46GF 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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