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Waaree EnergiesBOM:544277 +0.33%49 Interest Coverage is 26.65 as of Mar. 2026, which is 164% above its 10-year median of 10.11. GuruFocus rates BOM:544277 with a GF Score™ of 49/100. The stock has 2 warning signs investors should review. Among 637 Semiconductors companies, Waaree Energies ranks worse than 53.85% 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. Waaree Energies's
Operating Income
for the
three
months ended in Mar. 2026 was ₹12,761 Mil. Waaree Energies's Interest Expense for the
three
months ended in Mar. 2026 was ₹-479 Mil.
Waaree Energies's interest coverage for the quarter that ended in Mar. 2026 was 26.65.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Waaree Energies's Interest Coverage or its related term are showing as below:
BOM:544277'
s Interest Coverage Range Over the Past 10 Years
Min: 1.97 Med: 10.11 Max: 17.54
Current: 17.54
BOM:544277's Interest Coverage is ranked worse than 53.85% of 637
companies
in the Semiconductors industry
Industry Median: 20.5
vs BOM:544277: 17.54
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 .
Waaree Energies Interest Coverage Related Terms
Waaree Energies Interest Coverage Historical Data
* Premium members only.
The historical data trend for Waaree Energies'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.
BOM:544277 vs FSLR, NXT, ENPH: Interest Coverage Comparison
For the Solar subindustry, Waaree Energies'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.
Waaree Energies Interest Coverage vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Waaree Energies's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Waaree Energies's Interest Coverage falls into.
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:
* 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.
Waaree Energies (BOM:544277) has a Interest Coverage of 26.65 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Waaree Energies and its competitors. This is 164% above median its historical median of 10.11. Over the past decade, Waaree Energies' Interest Coverage has ranged from 1.97 to 17.54. According to the industry distribution chart, Waaree Energies ranks #343 out of 637 companies in the Semiconductors industry, placing it in the top 53.8%.
Is Waaree Energies' Interest Coverage too high?
Waaree Energies' current Interest Coverage of 26.65 is 164% above median its 10-year median of 10.11. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 17.54. The Semiconductors industry median Interest Coverage is 20.50. Waaree Energies' value of 26.65 is 30% above this industry median. Based on the distribution chart, Waaree Energies ranks #343 out of 637 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Waaree Energies has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.
How does Waaree Energies' Interest Coverage compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Waaree Energies ranks #343 out of 637 companies for Interest Coverage. This places Waaree Energies in the lower half of its industry. The industry median Interest Coverage is 20.50. Waaree Energies' value of 26.65 is 30% above this benchmark. Historically, Waaree Energies' own Interest Coverage has ranged from 1.97 to 17.54 over the past decade. While the company's 10-year median is 10.11 vs. the industry median of 20.50, Waaree Energies has consistently been above 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.50, based on 637 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. Waaree Energies's current Interest Coverage of 26.65 is 30% above 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 Waaree Energies and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waaree Energies's current Interest Coverage is 26.65, which is 164% above median its own 10-year median of 10.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waaree Energies stock overvalued right now?
Waaree Energies (BOM:544277) has a current Interest Coverage of 26.65. The current Interest Coverage is 26.65, which is 164% above median its 10-year median of 10.11 and 30% above the Semiconductors industry median of 20.50. Waaree Energies' overall GF Score™ is 49/100 with 2 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 Waaree Energies (BOM:544277), the current Interest Coverage is 26.65 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.
Waaree Energies Ltd is a manufacturer of solar PV modules in India. Its solar PV modules are currently manufactured using multicrystalline cell technology, monocrystalline cell technology and emerging technologies such as Tunnel Oxide Passivated Contact (TopCon). Its portfolio of solar energy products consists of the following PV modules: multicrystalline modules, monocrystalline modules, and TopCon modules, comprising flexible modules, which includes bifacial modules (Mono PERC) (framed and unframed), and building integrated photo voltaic (BIPV) modules. The Company operates only in one Business Segment i.e. Manufacturing & Trading of Solar Photovoltaic Modules.
49GF Score
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