Safety Controls & Devices (BOM:544746) Interest Coverage: 4.24 (As of Mar. 2025) — 32% Above Median

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BOM:544746 Safety Controls & Devices Ltd BOM:544746
14 GF Score
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What is Safety Controls & Devices Interest Coverage?

Safety Controls & Devices BOM:544746 +0.95% 14 Interest Coverage is 4.24 as of Mar. 2025, which is 32% above its 10-year median of 3.21. GuruFocus rates BOM:544746 with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 1,360 Construction companies, Safety Controls & Devices ranks worse than 65.51% 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. Safety Controls & Devices's Operating Income for the six months ended in Mar. 2025 was ₹170 Mil. Safety Controls & Devices's Interest Expense for the six months ended in Mar. 2025 was ₹-40 Mil. Safety Controls & Devices's interest coverage for the quarter that ended in Mar. 2025 was 4.24. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Safety Controls & Devices's Interest Coverage or its related term are showing as below:

BOM:544746' s Interest Coverage Range Over the Past 10 Years
Min: 1.87   Med: 3.21   Max: 4.24
Current: 4.24


BOM:544746's Interest Coverage is ranked worse than
65.51% of 1360 companies
in the Construction industry
Industry Median: 7.97 vs BOM:544746: 4.24

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


Safety Controls & Devices  (BOM:544746) 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 .


Safety Controls & Devices Interest Coverage Related Terms


Safety Controls & Devices Interest Coverage Historical Data

* Premium members only.

The historical data trend for Safety Controls & Devices'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.

Safety Controls & Devices Interest Coverage Chart

Safety Controls & Devices Annual Data
Trend Mar23 Mar24 Mar25
Interest Coverage
1.87 3.21 4.24

Safety Controls & Devices Semi-Annual Data
Mar23 Mar24 Mar25
Interest Coverage 1.87 3.21 4.24

BOM:544746 vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Safety Controls & Devices'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.


Safety Controls & Devices Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Safety Controls & Devices's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Safety Controls & Devices's Interest Coverage falls into.


BOM:544746
14GF Score
Safety Controls & Devices Ltd BOM:544746
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Safety Controls & Devices 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.

Safety Controls & Devices's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Safety Controls & Devices's Interest Expense was ₹-40 Mil. Its Operating Income was ₹170 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹57 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*169.584/-40.026
=4.24

Safety Controls & Devices's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Safety Controls & Devices's Interest Expense was ₹-40 Mil. Its Operating Income was ₹170 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹57 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*169.584/-40.026
=4.24

* 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 4.24 mean?
Safety Controls & Devices (BOM:544746) has a Interest Coverage of 4.24 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Safety Controls & Devices and its competitors. This is 32% above median its historical median of 3.21. Over the past decade, Safety Controls & Devices' Interest Coverage has ranged from 1.87 to 4.24. According to the industry distribution chart, Safety Controls & Devices ranks #891 out of 1360 companies in the Construction industry, placing it in the top 65.5%.
Is Safety Controls & Devices' Interest Coverage too high?
Safety Controls & Devices' current Interest Coverage of 4.24 is 32% above median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 1.87 to a high of 4.24. The Construction industry median Interest Coverage is 7.97. Safety Controls & Devices' value of 4.24 is 46.8% below this industry median. Based on the distribution chart, Safety Controls & Devices ranks #891 out of 1360 companies in the Construction industry, which is below the industry midpoint. Overall, Safety Controls & Devices has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Safety Controls & Devices' Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Safety Controls & Devices ranks #891 out of 1360 companies for Interest Coverage. This places Safety Controls & Devices in the lower half of its industry. The industry median Interest Coverage is 7.97. Safety Controls & Devices' value of 4.24 is 46.8% below this benchmark. Historically, Safety Controls & Devices' own Interest Coverage has ranged from 1.87 to 4.24 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 7.97, Safety Controls & Devices 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 Construction company?
The median Interest Coverage among Construction companies is 7.97, based on 1,360 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. Safety Controls & Devices's current Interest Coverage of 4.24 is 46.8% 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 Safety Controls & Devices and its competitors. For the Construction industry, the median Interest Coverage is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safety Controls & Devices's current Interest Coverage is 4.24, which is 32% above median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safety Controls & Devices stock overvalued right now?
Safety Controls & Devices (BOM:544746) has a current Interest Coverage of 4.24. The current Interest Coverage is 4.24, which is 32% above median its 10-year median of 3.21 and 46.8% below the Construction industry median of 7.97. Safety Controls & Devices' overall GF Score™ is 14/100 with 4 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 Safety Controls & Devices (BOM:544746), the current Interest Coverage is 4.24 as of Mar. 2025. 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.

Safety Controls & Devices Business Description

Address Nawal Kishore Road, C-43/28/1, Hazratganj, Lucknow, UP, IND, 226001
Safety Controls & Devices Ltd is engaged in the execution of long term EPC projects, Fire Fighting projects and related business activities. The company focuses on the installation of substations, construction of solar plants, installation of firefighting equipment. The company's turnkey projects in multiple sectors include transmission and distribution, solar energy, EV charging infrastructure, fire protection systems, hospital construction, and others.
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