Glen Industries (BOM:544444) Interest Coverage: 3.11 (As of Mar. 2026) — 12% Above Median

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BOM:544444 Glen Industries Ltd BOM:544444
42 GF Score
Price ₹121.50
! 5 Warning Signs
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What is Glen Industries Interest Coverage?

Glen Industries BOM:544444 +0.02% 42 Interest Coverage is 3.11 as of Mar. 2026, which is 12% above its 10-year median of 2.78. GuruFocus rates BOM:544444 with a GF Score™ of 42/100. The stock has 5 warning signs investors should review. Among 329 Packaging & Containers companies, Glen Industries ranks worse than 68.69% 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. Glen Industries's Operating Income for the six months ended in Mar. 2026 was ₹141 Mil. Glen Industries's Interest Expense for the six months ended in Mar. 2026 was ₹-45 Mil. Glen Industries's interest coverage for the quarter that ended in Mar. 2026 was 3.11. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544444' s Interest Coverage Range Over the Past 10 Years
Min: 1.78   Med: 2.78   Max: 3.92
Current: 3.11


BOM:544444's Interest Coverage is ranked worse than
68.69% of 329 companies
in the Packaging & Containers industry
Industry Median: 6.17 vs BOM:544444: 3.11

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


Glen Industries  (BOM:544444) 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 .


Glen Industries Interest Coverage Related Terms


Glen Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Glen Industries'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.

Glen Industries Interest Coverage Chart

Glen Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 1.78 2.11 2.69 3.92 3.45

Glen Industries Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial N/A 4.03 3.40 3.10 3.11

BOM:544444 vs SW, PKG, IP: Interest Coverage Comparison

For the Packaging & Containers subindustry, Glen Industries'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.


Glen Industries Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Glen Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Glen Industries's Interest Coverage falls into.


BOM:544444
42GF Score
Glen Industries Ltd BOM:544444
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Glen Industries 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.

Glen Industries'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, Glen Industries's Interest Expense was ₹-88 Mil. Its Operating Income was ₹304 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹227 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*303.651/-87.905
=3.45

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

Here, for the six months ended in Mar. 2026, Glen Industries's Interest Expense was ₹-45 Mil. Its Operating Income was ₹141 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹227 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*140.991/-45.298
=3.11

* 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 3.11 mean?
Glen Industries (BOM:544444) has a Interest Coverage of 3.11 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Glen Industries and its competitors. This is 12% above median its historical median of 2.78. Over the past decade, Glen Industries' Interest Coverage has ranged from 1.78 to 3.92. According to the industry distribution chart, Glen Industries ranks #226 out of 329 companies in the Packaging & Containers industry, placing it in the top 68.7%.
Is Glen Industries' Interest Coverage too high?
Glen Industries' current Interest Coverage of 3.11 is 12% above median its 10-year median of 2.78. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 3.92. The Packaging & Containers industry median Interest Coverage is 6.17. Glen Industries' value of 3.11 is 49.6% below this industry median. Based on the distribution chart, Glen Industries ranks #226 out of 329 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Glen Industries has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Glen Industries' Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Glen Industries ranks #226 out of 329 companies for Interest Coverage. This places Glen Industries in the lower half of its industry. The industry median Interest Coverage is 6.17. Glen Industries' value of 3.11 is 49.6% below this benchmark. Historically, Glen Industries' own Interest Coverage has ranged from 1.78 to 3.92 over the past decade. While the company's 10-year median is 2.78 vs. the industry median of 6.17, Glen Industries 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.17, based on 329 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. Glen Industries's current Interest Coverage of 3.11 is 49.6% 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 Glen Industries and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glen Industries's current Interest Coverage is 3.11, which is 12% above median its own 10-year median of 2.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glen Industries stock overvalued right now?
Glen Industries (BOM:544444) has a current Interest Coverage of 3.11. The current Interest Coverage is 3.11, which is 12% above median its 10-year median of 2.78 and 49.6% below the Packaging & Containers industry median of 6.17. Glen Industries' overall GF Score™ is 42/100 with 5 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 Glen Industries (BOM:544444), the current Interest Coverage is 3.11 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.

Glen Industries Business Description

Address Rajveena, Block-C, 2nd Floor, 50A, New Alipore, Kolkata, WB, IND, 700053
Glen Industries Ltd is engaged in the manufacturing of a diverse range of Food packaging and Service Products, Thin Wall Food Containers, Polylactic Acid (PLA) Straws, and Paper Straws, all mainly supplied to the Hotel, Restaurant, and Cafe/Catering (HoReCa) sector, Beverage industry, and food packaging industry. Its extensive product lineup, available in various shapes and sizes, is widely favored by sectors such as the HoReCa industry, Quick Service Restaurants (QSR), the food, beverage, and dairy industry etc. Its products are designed, developed, and manufactured as per the country's local use & preferences.
42GF Score

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