Indef Manufacturing (BOM:544364) Interest Coverage: 0 (At Loss) (As of Jun. 2026)

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BOM:544364 Indef Manufacturing Ltd BOM:544364
17 GF Score
Price ₹228.95
! 3 Warning Signs
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What is Indef Manufacturing Interest Coverage?

Indef Manufacturing BOM:544364 +1.55% 17 Interest Coverage is 0 (At Loss) as of Jun. 2026. GuruFocus rates BOM:544364 with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 170 Farm & Heavy Construction Machinery companies, Indef Manufacturing ranks better than 77.06% 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. Indef Manufacturing's Operating Income for the three months ended in Jun. 2026 was ₹-24 Mil. Indef Manufacturing's Interest Expense for the three months ended in Jun. 2026 was ₹-1 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544364' s Interest Coverage Range Over the Past 10 Years
Min: 32.14   Med: 60.23   Max: No Debt
Current: 32.14


BOM:544364's Interest Coverage is ranked better than
77.06% of 170 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.9 vs BOM:544364: 32.14

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


Indef Manufacturing  (BOM:544364) 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 .


Indef Manufacturing Interest Coverage Related Terms


Indef Manufacturing Interest Coverage Historical Data

* Premium members only.

The historical data trend for Indef Manufacturing'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.

Indef Manufacturing Interest Coverage Chart

Indef Manufacturing Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
No Debt 0.00 60.23 44.73

Indef Manufacturing Quarterly Data
Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.49 43.19 32.84 81.48 0.00

BOM:544364 vs CAT, DE, PCAR: Interest Coverage Comparison

For the Farm & Heavy Construction Machinery subindustry, Indef Manufacturing'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.


Indef Manufacturing Interest Coverage vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Indef Manufacturing's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indef Manufacturing's Interest Coverage falls into.


BOM:544364
17GF Score
Indef Manufacturing Ltd BOM:544364
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indef Manufacturing 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.

Indef Manufacturing'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, Indef Manufacturing's Interest Expense was ₹-4 Mil. Its Operating Income was ₹170 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*169.762/-3.795
=44.73

Indef Manufacturing's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Indef Manufacturing's Interest Expense was ₹-1 Mil. Its Operating Income was ₹-24 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Indef Manufacturing did not have earnings to cover the 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.

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 0 (At Loss) mean?
Indef Manufacturing (BOM:544364) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indef Manufacturing and its competitors. Over the past decade, Indef Manufacturing's Interest Coverage has ranged from 32.14 to 10,000.00. According to the industry distribution chart, Indef Manufacturing ranks #39 out of 170 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 22.9%.
Is Indef Manufacturing's Interest Coverage too high?
Indef Manufacturing's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 32.14 to a high of 10,000.00. Based on the distribution chart, Indef Manufacturing ranks #39 out of 170 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Indef Manufacturing has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Indef Manufacturing's Interest Coverage compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Indef Manufacturing ranks #39 out of 170 companies for Interest Coverage. This places Indef Manufacturing in the top 23% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 9.90. Historically, Indef Manufacturing's own Interest Coverage has ranged from 32.14 to 10,000.00 over the past decade. 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 Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.90, based on 170 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. 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 Indef Manufacturing and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indef Manufacturing's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indef Manufacturing stock overvalued right now?
Indef Manufacturing (BOM:544364) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Indef Manufacturing's overall GF Score™ is 17/100 with 3 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 Indef Manufacturing (BOM:544364), the current Interest Coverage is 0 (At Loss) as of Jun. 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.

Indef Manufacturing Business Description

Other Exchanges BAJAJINDEF:India
Address Plot -87, Sector 15, Shelton Cubix, 501-504, CBD Belapur, Navi Mumbai, MH, IND, 400614
Indef Manufacturing Ltd specializes in producing high-quality industrial components. The company focuses on precision engineering and manufacturing techniques. The company serves diverse sectors including automotive, aerospace, and construction. Committed to quality and sustainability and delivers reliable products globally.
17GF Score

Get the complete analysis for BOM:544364

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹228.95
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