Mangalam Worldwide (BOM:544764) Interest Coverage: 2.44 (As of Mar. 2026) — Near Median


BOM:544764 Mangalam Worldwide Ltd BOM:544764
40 GF Score
Price ₹370.80
! 4 Warning Signs
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What is Mangalam Worldwide Interest Coverage?

Mangalam Worldwide BOM:544764 +0.76% 40 Interest Coverage is 2.44 as of Mar. 2026, which is 2% above its 10-year median of 2.40. GuruFocus rates BOM:544764 with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 458 Steel companies, Mangalam Worldwide ranks worse than 72.49% 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. Mangalam Worldwide's Operating Income for the three months ended in Mar. 2026 was ₹252 Mil. Mangalam Worldwide's Interest Expense for the three months ended in Mar. 2026 was ₹-103 Mil. Mangalam Worldwide's interest coverage for the quarter that ended in Mar. 2026 was 2.44. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544764' s Interest Coverage Range Over the Past 10 Years
Min: 0.48   Med: 2.4   Max: 5.07
Current: 2.19


BOM:544764's Interest Coverage is ranked worse than
72.49% of 458 companies
in the Steel industry
Industry Median: 4.445 vs BOM:544764: 2.19

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


Mangalam Worldwide  (BOM:544764) 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 .


Mangalam Worldwide Interest Coverage Related Terms


Mangalam Worldwide Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mangalam Worldwide'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.

Mangalam Worldwide Interest Coverage Chart

Mangalam Worldwide Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 5.07 4.32 2.24 1.94 2.19

Mangalam Worldwide Quarterly Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.87 1.83 1.96 2.42 2.44

BOM:544764 vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Mangalam Worldwide'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.


Mangalam Worldwide Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Worldwide's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mangalam Worldwide's Interest Coverage falls into.


BOM:544764
40GF Score
Mangalam Worldwide Ltd BOM:544764
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Worldwide 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.

Mangalam Worldwide'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, Mangalam Worldwide's Interest Expense was ₹-368 Mil. Its Operating Income was ₹807 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹946 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*806.858/-368.227
=2.19

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

Here, for the three months ended in Mar. 2026, Mangalam Worldwide's Interest Expense was ₹-103 Mil. Its Operating Income was ₹252 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹946 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*251.848/-103.265
=2.44

* 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 2.44 mean?
Mangalam Worldwide (BOM:544764) has a Interest Coverage of 2.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mangalam Worldwide and its competitors. This is near median its historical median of 2.40. Over the past decade, Mangalam Worldwide's Interest Coverage has ranged from 0.48 to 5.07. According to the industry distribution chart, Mangalam Worldwide ranks #332 out of 458 companies in the Steel industry, placing it in the top 72.5%.
Is Mangalam Worldwide's Interest Coverage too high?
Mangalam Worldwide's current Interest Coverage of 2.44 is near median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 5.07. The Steel industry median Interest Coverage is 4.45. Mangalam Worldwide's value of 2.44 is 45.1% below this industry median. Based on the distribution chart, Mangalam Worldwide ranks #332 out of 458 companies in the Steel industry, which is below the industry midpoint. Overall, Mangalam Worldwide has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Worldwide's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Mangalam Worldwide ranks #332 out of 458 companies for Interest Coverage. This places Mangalam Worldwide in the lower half of its industry. The industry median Interest Coverage is 4.45. Mangalam Worldwide's value of 2.44 is 45.1% below this benchmark. Historically, Mangalam Worldwide's own Interest Coverage has ranged from 0.48 to 5.07 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 4.45, Mangalam Worldwide 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 458 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. Mangalam Worldwide's current Interest Coverage of 2.44 is 45.1% 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 Mangalam Worldwide and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Worldwide's current Interest Coverage is 2.44, which is near median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Worldwide stock overvalued right now?
Mangalam Worldwide (BOM:544764) has a current Interest Coverage of 2.44. The current Interest Coverage is 2.44, which is near median its 10-year median of 2.40 and 45.1% below the Steel industry median of 4.45. Mangalam Worldwide's overall GF Score™ is 40/100 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 Mangalam Worldwide (BOM:544764), the current Interest Coverage is 2.44 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.

Mangalam Worldwide Business Description

Other Exchanges MWL:India
Address 102, Mangalam Corporate House, 42, Shrimali Society, Netaji Marg, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009
Mangalam Worldwide Ltd is engaged in the manufacturing of stainless steel. The company manufactures Steel Products viz Billets, Ingots, Forged Roundbars, Forged Bright Roundbars, Roundbars, RCS Bars, Brightbars and Seamless Pipes & Tubes, Electric Resistance Welded (ERW) Pipes & Tubes. It operates in India and Outside India, of which it derives maximum revenue from India.
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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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