Apollo Techno Industries (BOM:544671) Interest Coverage: 6.52 (As of Mar. 2026) — 129% Above Median


BOM:544671 Apollo Techno Industries Ltd BOM:544671
17 GF Score
Price ₹82.35
! 3 Warning Signs
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What is Apollo Techno Industries Interest Coverage?

Apollo Techno Industries BOM:544671 +1.24% 17 Interest Coverage is 6.52 as of Mar. 2026, which is 129% above its 10-year median of 2.85. GuruFocus rates BOM:544671 with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 169 Farm & Heavy Construction Machinery companies, Apollo Techno Industries ranks worse than 62.13% 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. Apollo Techno Industries's Operating Income for the six months ended in Mar. 2026 was ₹70.0 Mil. Apollo Techno Industries's Interest Expense for the six months ended in Mar. 2026 was ₹-10.7 Mil. Apollo Techno Industries's interest coverage for the quarter that ended in Mar. 2026 was 6.52. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544671' s Interest Coverage Range Over the Past 10 Years
Min: 1.17   Med: 2.85   Max: 6.52
Current: 6.52


BOM:544671's Interest Coverage is ranked worse than
62.13% of 169 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.34 vs BOM:544671: 6.52

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


Apollo Techno Industries  (BOM:544671) 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 .


Apollo Techno Industries Interest Coverage Related Terms


Apollo Techno Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Apollo Techno 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.

Apollo Techno Industries Interest Coverage Chart

Apollo Techno Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
1.17 1.41 2.85 6.40 5.66

Apollo Techno Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Mar26
Interest Coverage Get a 7-Day Free Trial N/A N/A 6.45 6.57 6.52

BOM:544671 vs CAT, DE, PCAR: Interest Coverage Comparison

For the Farm & Heavy Construction Machinery subindustry, Apollo Techno 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.


Apollo Techno Industries Interest Coverage vs Farm & Heavy Construction Machinery Industry

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

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


BOM:544671
17GF Score
Apollo Techno Industries Ltd BOM:544671
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Apollo Techno 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.

Apollo Techno 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, Apollo Techno Industries's Interest Expense was ₹-23.3 Mil. Its Operating Income was ₹132.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹46.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*132.111/-23.329
=5.66

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

Here, for the six months ended in Mar. 2026, Apollo Techno Industries's Interest Expense was ₹-10.7 Mil. Its Operating Income was ₹70.0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹46.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*69.962/-10.733
=6.52

* 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 6.52 mean?
Apollo Techno Industries (BOM:544671) has a Interest Coverage of 6.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Apollo Techno Industries and its competitors. This is 129% above median its historical median of 2.85. Over the past decade, Apollo Techno Industries' Interest Coverage has ranged from 1.17 to 6.52. According to the industry distribution chart, Apollo Techno Industries ranks #105 out of 169 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 62.1%.
Is Apollo Techno Industries' Interest Coverage too high?
Apollo Techno Industries' current Interest Coverage of 6.52 is 129% above median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 1.17 to a high of 6.52. The Farm & Heavy Construction Machinery industry median Interest Coverage is 9.34. Apollo Techno Industries' value of 6.52 is 30.2% below this industry median. Based on the distribution chart, Apollo Techno Industries ranks #105 out of 169 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Apollo Techno Industries has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Apollo Techno Industries' Interest Coverage compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Apollo Techno Industries ranks #105 out of 169 companies for Interest Coverage. This places Apollo Techno Industries in the lower half of its industry. The industry median Interest Coverage is 9.34. Apollo Techno Industries' value of 6.52 is 30.2% below this benchmark. Historically, Apollo Techno Industries' own Interest Coverage has ranged from 1.17 to 6.52 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 9.34, Apollo Techno 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 Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.34, based on 169 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. Apollo Techno Industries's current Interest Coverage of 6.52 is 30.2% 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 Apollo Techno Industries and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Techno Industries's current Interest Coverage is 6.52, which is 129% above median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Techno Industries stock overvalued right now?
Apollo Techno Industries (BOM:544671) has a current Interest Coverage of 6.52. The current Interest Coverage is 6.52, which is 129% above median its 10-year median of 2.85 and 30.2% below the Farm & Heavy Construction Machinery industry median of 9.34. Apollo Techno Industries' 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 Apollo Techno Industries (BOM:544671), the current Interest Coverage is 6.52 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.

Apollo Techno Industries Business Description

Address Ahmedabad - Mehsana Highway, Survey No. 60, Mandali, Mahesana, GJ, IND, 384455
Apollo Techno Industries Ltd is a manufacturer specializing in trenchless technology and foundation equipment for the construction industry. The company's product portfolio includes Horizontal Directional Drilling (HDD) rigs, diaphragm drilling rigs, rotary drilling rigs, and spare parts. It also provides warranties, on-site support, and technical training for its equipment. The company is principally engaged in a single business segment, namely heavy machinery, and derives the majority of its revenue from the sale of horizontal directional drilling (HDD) equipment. It operates in India and outside India, with the majority of its revenue generated from within India.
17GF Score

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

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