KRN Heat Exchanger and Refrigeration (BOM:544263) Interest Coverage: 10.44 (As of Mar. 2026) — 41% Below Median


BOM:544263 KRN Heat Exchanger and Refrigeration Ltd BOM:544263
48 GF Score
Price ₹1,209.10
! 8 Warning Signs
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What is KRN Heat Exchanger and Refrigeration Interest Coverage?

KRN Heat Exchanger and Refrigeration BOM:544263 -1.96% 48 Interest Coverage is 10.44 as of Mar. 2026, which is 41% below its 10-year median of 17.60. GuruFocus rates BOM:544263 with a GF Score™ of 48/100. The stock has 8 warning signs investors should review. Among 1,672 Hardware companies, KRN Heat Exchanger and Refrigeration ranks better than 53.05% 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. KRN Heat Exchanger and Refrigeration's Operating Income for the three months ended in Mar. 2026 was ₹276 Mil. KRN Heat Exchanger and Refrigeration's Interest Expense for the three months ended in Mar. 2026 was ₹-26 Mil. KRN Heat Exchanger and Refrigeration's interest coverage for the quarter that ended in Mar. 2026 was 10.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for KRN Heat Exchanger and Refrigeration's Interest Coverage or its related term are showing as below:

BOM:544263' s Interest Coverage Range Over the Past 10 Years
Min: 3.86   Med: 17.6   Max: 21.27
Current: 15.88


BOM:544263's Interest Coverage is ranked better than
53.05% of 1672 companies
in the Hardware industry
Industry Median: 13.675 vs BOM:544263: 15.88

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


KRN Heat Exchanger and Refrigeration  (BOM:544263) 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 .


KRN Heat Exchanger and Refrigeration Interest Coverage Related Terms


KRN Heat Exchanger and Refrigeration Interest Coverage Historical Data

* Premium members only.

The historical data trend for KRN Heat Exchanger and Refrigeration'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.

KRN Heat Exchanger and Refrigeration Interest Coverage Chart

KRN Heat Exchanger and Refrigeration Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 12.93 19.96 21.27 19.31 15.88

KRN Heat Exchanger and Refrigeration Quarterly Data
Mar21 Mar22 Mar23 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 19.25 22.16 29.52 14.86 10.44

BOM:544263 vs APH, GLW: Interest Coverage Comparison

For the Electronic Components subindustry, KRN Heat Exchanger and Refrigeration'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.


KRN Heat Exchanger and Refrigeration Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, KRN Heat Exchanger and Refrigeration's Interest Coverage distribution charts can be found below:

* The bar in red indicates where KRN Heat Exchanger and Refrigeration's Interest Coverage falls into.


BOM:544263
48GF Score
KRN Heat Exchanger and Refrigeration Ltd BOM:544263
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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KRN Heat Exchanger and Refrigeration 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.

KRN Heat Exchanger and Refrigeration'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, KRN Heat Exchanger and Refrigeration's Interest Expense was ₹-59 Mil. Its Operating Income was ₹937 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*937.212/-59.008
=15.88

KRN Heat Exchanger and Refrigeration's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, KRN Heat Exchanger and Refrigeration's Interest Expense was ₹-26 Mil. Its Operating Income was ₹276 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*275.741/-26.403
=10.44

* 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 10.44 mean?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a Interest Coverage of 10.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on KRN Heat Exchanger and Refrigeration and its competitors. This is 41% below median its historical median of 17.60. Over the past decade, KRN Heat Exchanger and Refrigeration's Interest Coverage has ranged from 3.86 to 21.27. According to the industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #785 out of 1672 companies in the Hardware industry, placing it in the top 46.9%.
Is KRN Heat Exchanger and Refrigeration's Interest Coverage too high?
KRN Heat Exchanger and Refrigeration's current Interest Coverage of 10.44 is 41% below median its 10-year median of 17.60. Over the past 10 years, this metric has ranged from a low of 3.86 to a high of 21.27. The Hardware industry median Interest Coverage is 13.68. KRN Heat Exchanger and Refrigeration's value of 10.44 is 23.7% below this industry median. Based on the distribution chart, KRN Heat Exchanger and Refrigeration ranks #785 out of 1672 companies in the Hardware industry, which is above the industry midpoint. Overall, KRN Heat Exchanger and Refrigeration has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does KRN Heat Exchanger and Refrigeration's Interest Coverage compare to APH and GLW?
According to the Hardware industry distribution chart, KRN Heat Exchanger and Refrigeration ranks #785 out of 1672 companies for Interest Coverage. This puts KRN Heat Exchanger and Refrigeration in the upper half of its industry. The industry median Interest Coverage is 13.68. KRN Heat Exchanger and Refrigeration's value of 10.44 is 23.7% below this benchmark. Historically, KRN Heat Exchanger and Refrigeration's own Interest Coverage has ranged from 3.86 to 21.27 over the past decade. While the company's 10-year median is 17.60 vs. the industry median of 13.68, KRN Heat Exchanger and Refrigeration 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.68, based on 1,672 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. KRN Heat Exchanger and Refrigeration's current Interest Coverage of 10.44 is 23.7% 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 KRN Heat Exchanger and Refrigeration and its competitors. For the Hardware industry, the median Interest Coverage is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KRN Heat Exchanger and Refrigeration's current Interest Coverage is 10.44, which is 41% below median its own 10-year median of 17.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KRN Heat Exchanger and Refrigeration stock overvalued right now?
KRN Heat Exchanger and Refrigeration (BOM:544263) has a current Interest Coverage of 10.44. The current Interest Coverage is 10.44, which is 41% below median its 10-year median of 17.60 and 23.7% below the Hardware industry median of 13.68. KRN Heat Exchanger and Refrigeration's overall GF Score™ is 48/100 with 8 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 KRN Heat Exchanger and Refrigeration (BOM:544263), the current Interest Coverage is 10.44 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.

KRN Heat Exchanger and Refrigeration Business Description

Other Exchanges KRN:India
Address Plot No. F-46,47,48,49, EPIP, RIICO Industrial Area, Neemrana, Alwar, RJ, IND, 301705
KRN Heat Exchanger and Refrigeration Ltd manufacture fin and tube-type heat exchangers for the Heat Ventilation Air Conditioning and Refrigeration Industry. Heat exchangers manufactured by the company are made of non-ferrous metals, Copper and Aluminium. Its product range includes condenser coils, evaporator units, evaporator coils, header/copper parts, fluid and steam coils and sheet metal parts. The diameter of the heat exchanger tubes it produces ranges from 5MM to 15.88 MM. The company's products are well suited for a wide range of air conditioning, heating and ventilation, refrigeration and process cooling applications.
48GF Score

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