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Popular Foundations (BOM:544259) Interest Coverage : 3.30 (As of Mar. 2025)


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What is Popular Foundations Interest Coverage?

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. Popular Foundations's Operating Income for the six months ended in Mar. 2025 was ₹25.9 Mil. Popular Foundations's Interest Expense for the six months ended in Mar. 2025 was ₹-7.8 Mil. Popular Foundations's interest coverage for the quarter that ended in Mar. 2025 was 3.30. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544259' s Interest Coverage Range Over the Past 10 Years
Min: 0.62   Med: 1.05   Max: 4.36
Current: 4.33

BOM:544259's Interest Coverage is ranked worse than
63.05% of 1326 companies
in the Construction industry
Industry Median: 7.22 vs BOM:544259: 4.33

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

Popular Foundations Interest Coverage Historical Data

The historical data trend for Popular Foundations'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.

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Popular Foundations Interest Coverage Chart

Popular Foundations Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
0.62 1.05 0.88 4.36 4.33

Popular Foundations Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Coverage Get a 7-Day Free Trial N/A 4.47 4.24 5.41 3.30

Competitive Comparison of Popular Foundations's Interest Coverage

For the Engineering & Construction subindustry, Popular Foundations'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.

Popular Foundations's Interest Coverage Distribution in the Construction Industry

For the Construction industry and Industrials sector, Popular Foundations's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Popular Foundations's Interest Coverage falls into.


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Popular Foundations 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.

Popular Foundations's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Popular Foundations's Interest Expense was ₹-15.3 Mil. Its Operating Income was ₹66.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹13.8 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*66.127/-15.276
=4.33

Popular Foundations's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Popular Foundations's Interest Expense was ₹-7.8 Mil. Its Operating Income was ₹25.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹13.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*25.928/-7.849
=3.30

* 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.

Popular Foundations  (BOM:544259) 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 .

Popular Foundations Interest Coverage Related Terms

Thank you for viewing the detailed overview of Popular Foundations's Interest Coverage provided by GuruFocus.com. Please click on the following links to see related term pages.

Popular Foundations Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Popular Foundations Ltd (BOM:544259) » Definitions » Interest Coverage
Comparable Companies
NSE:SAIFL BOM:538833 NSE:SKIL NSE:VLINFRA BOM:511411 BOM:531497 BOM:540786 BOM:531900 BOM:543375 BOM:544121 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 XKRX:028260 XPAR:EN
Traded in Other Exchanges
N/A
Address
New No. 32/1, 32/2, Old No. 9/1, 9/2, Kamatchi Apartment, 10th Avenue, Ashok Nagar, Chennai, TN, IND, 600083
Website
https://www.grouppopular.com
Popular Foundations Ltd is engaged in in Engineering and Construction Activities, providing comprehensive end-to-end solutions in the construction sector. The company is into building practices catering to various verticals such as factories, educational institutions, commercial, and residential projects. Its focus towards non-residential and non-governmental projects in the realm of civil construction.

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