Kanishk Aluminium India (BOM:544693) Interest Coverage: 2.45 (As of Mar. 2026) — 35% Above Median

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BOM:544693 Kanishk Aluminium India Ltd BOM:544693
14 GF Score
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What is Kanishk Aluminium India Interest Coverage?

Kanishk Aluminium India BOM:544693 14 Interest Coverage is 2.45 as of Mar. 2026, which is 35% above its 10-year median of 1.82. GuruFocus rates BOM:544693 with a GF Score™ of 14/100. The stock has 5 warning signs investors should review. Among 1,328 Metals & Mining companies, Kanishk Aluminium India ranks worse than 94.73% 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. Kanishk Aluminium India's Operating Income for the six months ended in Mar. 2026 was ₹36.8 Mil. Kanishk Aluminium India's Interest Expense for the six months ended in Mar. 2026 was ₹-15.1 Mil. Kanishk Aluminium India's interest coverage for the quarter that ended in Mar. 2026 was 2.45. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Kanishk Aluminium India's Interest Coverage or its related term are showing as below:

BOM:544693' s Interest Coverage Range Over the Past 10 Years
Min: 1.28   Med: 1.82   Max: 3.25
Current: 2.45


BOM:544693's Interest Coverage is ranked worse than
94.73% of 1328 companies
in the Metals & Mining industry
Industry Median: No Debt vs BOM:544693: 2.45

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


Kanishk Aluminium India  (BOM:544693) 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 .


Kanishk Aluminium India Interest Coverage Related Terms


Kanishk Aluminium India Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kanishk Aluminium India'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.

Kanishk Aluminium India Interest Coverage Chart

Kanishk Aluminium India Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
1.28 1.82 1.78 3.25 3.10

Kanishk Aluminium India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage N/A N/A N/A 4.33 2.45

BOM:544693 vs AA: Interest Coverage Comparison

For the Aluminum subindustry, Kanishk Aluminium India'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.


Kanishk Aluminium India Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kanishk Aluminium India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kanishk Aluminium India's Interest Coverage falls into.


BOM:544693
14GF Score
Kanishk Aluminium India Ltd BOM:544693
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Kanishk Aluminium India 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.

Kanishk Aluminium India'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, Kanishk Aluminium India's Interest Expense was ₹-25.4 Mil. Its Operating Income was ₹78.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹178.1 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*78.91/-25.448
=3.10

Kanishk Aluminium India's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Kanishk Aluminium India's Interest Expense was ₹-15.1 Mil. Its Operating Income was ₹36.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹178.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*36.849/-15.052
=2.45

* 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 2.45 mean?
Kanishk Aluminium India (BOM:544693) has a Interest Coverage of 2.45 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kanishk Aluminium India and its competitors. This is 35% above median its historical median of 1.82. Over the past decade, Kanishk Aluminium India's Interest Coverage has ranged from 1.28 to 3.25. According to the industry distribution chart, Kanishk Aluminium India ranks #1258 out of 1328 companies in the Metals & Mining industry, placing it in the top 94.7%.
Is Kanishk Aluminium India's Interest Coverage too high?
Kanishk Aluminium India's current Interest Coverage of 2.45 is 35% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.28 to a high of 3.25. The Metals & Mining industry median Interest Coverage is 10,000.00. Kanishk Aluminium India's value of 2.45 is 100% below this industry median. Based on the distribution chart, Kanishk Aluminium India ranks #1258 out of 1328 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Kanishk Aluminium India has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Kanishk Aluminium India's Interest Coverage compare to AA?
According to the Metals & Mining industry distribution chart, Kanishk Aluminium India ranks #1258 out of 1328 companies for Interest Coverage. This places Kanishk Aluminium India in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Kanishk Aluminium India's value of 2.45 is 100% below this benchmark. Historically, Kanishk Aluminium India's own Interest Coverage has ranged from 1.28 to 3.25 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 10,000.00, Kanishk Aluminium India 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,328 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. Kanishk Aluminium India's current Interest Coverage of 2.45 is 100% 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 Kanishk Aluminium India and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanishk Aluminium India's current Interest Coverage is 2.45, which is 35% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanishk Aluminium India stock overvalued right now?
Kanishk Aluminium India (BOM:544693) has a current Interest Coverage of 2.45. The current Interest Coverage is 2.45, which is 35% above median its 10-year median of 1.82 and 100% below the Metals & Mining industry median of 10,000.00. Kanishk Aluminium India's overall GF Score™ is 14/100 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 Kanishk Aluminium India (BOM:544693), the current Interest Coverage is 2.45 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.

Kanishk Aluminium India Business Description

Address Plot No. E-849 A, Fourth Phase RIICO, Boranada, Jodhpur, RJ, IND, 342001
Kanishk Aluminium India Ltd is specialized in manufacturing a comprehensive range of aluminium extrusion products, including solid & hollow section profiles, solar profiles, railings, heatsinks and sliding / fixed windows and doors profiles. Its products serve a diverse array of industries, such as electronics, automotive, mechanical, solar, furniture, transport, electrical, and architecture.
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Get the complete analysis for BOM:544693

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

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