Vidya Wires (BOM:544633) Interest Coverage: 6.80 (As of Mar. 2026) — 55% Above Median

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BOM:544633 Vidya Wires Ltd BOM:544633
16 GF Score
Price ₹88.17
! 1 Warning Sign
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What is Vidya Wires Interest Coverage?

Vidya Wires BOM:544633 -5.00% 16 Interest Coverage is 6.80 as of Mar. 2026, which is 55% above its 10-year median of 4.39. GuruFocus rates BOM:544633 with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 2,329 Industrial Products companies, Vidya Wires ranks worse than 66.21% 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. Vidya Wires's Operating Income for the three months ended in Mar. 2026 was ₹269 Mil. Vidya Wires's Interest Expense for the three months ended in Mar. 2026 was ₹-40 Mil. Vidya Wires's interest coverage for the quarter that ended in Mar. 2026 was 6.80. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544633' s Interest Coverage Range Over the Past 10 Years
Min: 4.05   Med: 4.39   Max: 6.9
Current: 6.9


BOM:544633's Interest Coverage is ranked worse than
66.21% of 2329 companies
in the Industrial Products industry
Industry Median: 14.69 vs BOM:544633: 6.90

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


Vidya Wires  (BOM:544633) 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 .


Vidya Wires Interest Coverage Related Terms


Vidya Wires Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vidya Wires'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.

Vidya Wires Interest Coverage Chart

Vidya Wires Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
4.39 4.05 4.12 5.38 6.42

Vidya Wires Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 5.66 6.70 5.68 8.48 6.80

BOM:544633 vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Vidya Wires'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.


Vidya Wires Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vidya Wires's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vidya Wires's Interest Coverage falls into.


BOM:544633
16GF Score
Vidya Wires Ltd BOM:544633
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Vidya Wires 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.

Vidya Wires'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, Vidya Wires's Interest Expense was ₹-128 Mil. Its Operating Income was ₹821 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹150 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*821.37/-128
=6.42

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

Here, for the three months ended in Mar. 2026, Vidya Wires's Interest Expense was ₹-40 Mil. Its Operating Income was ₹269 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹150 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*268.66/-39.5
=6.80

* 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 6.80 mean?
Vidya Wires (BOM:544633) has a Interest Coverage of 6.80 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vidya Wires and its competitors. This is 55% above median its historical median of 4.39. Over the past decade, Vidya Wires' Interest Coverage has ranged from 4.05 to 6.90. According to the industry distribution chart, Vidya Wires ranks #1542 out of 2329 companies in the Industrial Products industry, placing it in the top 66.2%.
Is Vidya Wires' Interest Coverage too high?
Vidya Wires' current Interest Coverage of 6.80 is 55% above median its 10-year median of 4.39. Over the past 10 years, this metric has ranged from a low of 4.05 to a high of 6.90. The Industrial Products industry median Interest Coverage is 14.69. Vidya Wires' value of 6.80 is 53.7% below this industry median. Based on the distribution chart, Vidya Wires ranks #1542 out of 2329 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Vidya Wires has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Vidya Wires' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Vidya Wires ranks #1542 out of 2329 companies for Interest Coverage. This places Vidya Wires in the lower half of its industry. The industry median Interest Coverage is 14.69. Vidya Wires' value of 6.80 is 53.7% below this benchmark. Historically, Vidya Wires' own Interest Coverage has ranged from 4.05 to 6.90 over the past decade. While the company's 10-year median is 4.39 vs. the industry median of 14.69, Vidya Wires 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.69, based on 2,329 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. Vidya Wires's current Interest Coverage of 6.80 is 53.7% 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 Vidya Wires and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vidya Wires's current Interest Coverage is 6.80, which is 55% above median its own 10-year median of 4.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vidya Wires stock overvalued right now?
Vidya Wires (BOM:544633) has a current Interest Coverage of 6.80. The current Interest Coverage is 6.80, which is 55% above median its 10-year median of 4.39 and 53.7% below the Industrial Products industry median of 14.69. Vidya Wires' overall GF Score™ is 16/100 with 1 warning sign 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 Vidya Wires (BOM:544633), the current Interest Coverage is 6.80 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.

Vidya Wires Business Description

Other Exchanges VIDYAWIRES:India
Address Plot No. 8/1-2, GIDC Main road, Opposite SLS Industries, Vithal Udyognagar, Anand, GJ, IND, 388 121
Vidya Wires Ltd is a manufacturer of winding and conductivity products for a range of critical industries and applications. The company's product portfolio includes precision-engineered Enameled Wires, Enameled Copper Rectangular Strips, Paper Insulated Copper Conductors, Copper Busbar and Bare Copper Conductors, Specialised Winding Wires, PV Ribbon and Aluminum Paper Covered Strips, among others. It serves various sectors like energy generation & transmission, electrical systems, electric motors, clean energy systems, electric mobility, and railways. The majority of the company's revenue is derived from the sale of its copper-based products in domestic markets.
16GF Score

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

₹88.17
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