Atharva PolyPlast (BOM:544812) Interest Coverage: 11.58 (As of Mar. 2025) — 137% Above Median

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BOM:544812 Atharva PolyPlast Ltd BOM:544812
13 GF Score
Price ₹78.00
! 1 Warning Sign
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What is Atharva PolyPlast Interest Coverage?

Atharva PolyPlast BOM:544812 -1.64% 13 Interest Coverage is 11.58 as of Mar. 2025, which is 137% above its 10-year median of 4.88. GuruFocus rates BOM:544812 with a GF Score™ of 13/100. The stock has 1 warning sign investors should review. Among 1,234 Chemicals companies, Atharva PolyPlast ranks better than 52.19% 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. Atharva PolyPlast's Operating Income for the six months ended in Mar. 2025 was ₹75.5 Mil. Atharva PolyPlast's Interest Expense for the six months ended in Mar. 2025 was ₹-6.5 Mil. Atharva PolyPlast's interest coverage for the quarter that ended in Mar. 2025 was 11.58. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544812' s Interest Coverage Range Over the Past 10 Years
Min: 3.05   Med: 4.88   Max: 11.58
Current: 11.58


BOM:544812's Interest Coverage is ranked better than
52.19% of 1234 companies
in the Chemicals industry
Industry Median: 10.235 vs BOM:544812: 11.58

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


Atharva PolyPlast  (BOM:544812) 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 .


Atharva PolyPlast Interest Coverage Related Terms


Atharva PolyPlast Interest Coverage Historical Data

* Premium members only.

The historical data trend for Atharva PolyPlast'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.

Atharva PolyPlast Interest Coverage Chart

Atharva PolyPlast Annual Data
Trend Mar23 Mar24 Mar25
Interest Coverage
3.05 4.88 11.58

Atharva PolyPlast Semi-Annual Data
Mar23 Mar24 Mar25
Interest Coverage 3.05 4.88 11.58

BOM:544812 vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Atharva PolyPlast'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.


Atharva PolyPlast Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Atharva PolyPlast's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Atharva PolyPlast's Interest Coverage falls into.


BOM:544812
13GF Score
Atharva PolyPlast Ltd BOM:544812
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Atharva PolyPlast 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.

Atharva PolyPlast'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, Atharva PolyPlast's Interest Expense was ₹-6.5 Mil. Its Operating Income was ₹75.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹21.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*75.548/-6.524
=11.58

Atharva PolyPlast's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Atharva PolyPlast's Interest Expense was ₹-6.5 Mil. Its Operating Income was ₹75.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹21.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*75.548/-6.524
=11.58

* 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 11.58 mean?
Atharva PolyPlast (BOM:544812) has a Interest Coverage of 11.58 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Atharva PolyPlast and its competitors. This is 137% above median its historical median of 4.88. Over the past decade, Atharva PolyPlast's Interest Coverage has ranged from 3.05 to 11.58. According to the industry distribution chart, Atharva PolyPlast ranks #590 out of 1234 companies in the Chemicals industry, placing it in the top 47.8%.
Is Atharva PolyPlast's Interest Coverage too high?
Atharva PolyPlast's current Interest Coverage of 11.58 is 137% above median its 10-year median of 4.88. Over the past 10 years, this metric has ranged from a low of 3.05 to a high of 11.58. The Chemicals industry median Interest Coverage is 10.24. Atharva PolyPlast's value of 11.58 is 13.1% above this industry median. Based on the distribution chart, Atharva PolyPlast ranks #590 out of 1234 companies in the Chemicals industry, which is above the industry midpoint. Overall, Atharva PolyPlast has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Atharva PolyPlast's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Atharva PolyPlast ranks #590 out of 1234 companies for Interest Coverage. This puts Atharva PolyPlast in the upper half of its industry. The industry median Interest Coverage is 10.24. Atharva PolyPlast's value of 11.58 is 13.1% above this benchmark. Historically, Atharva PolyPlast's own Interest Coverage has ranged from 3.05 to 11.58 over the past decade. While the company's 10-year median is 4.88 vs. the industry median of 10.24, Atharva PolyPlast has consistently been above 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.24, based on 1,234 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. Atharva PolyPlast's current Interest Coverage of 11.58 is 13.1% above 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 Atharva PolyPlast and its competitors. For the Chemicals industry, the median Interest Coverage is 10.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atharva PolyPlast's current Interest Coverage is 11.58, which is 137% above median its own 10-year median of 4.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atharva PolyPlast stock overvalued right now?
Atharva PolyPlast (BOM:544812) has a current Interest Coverage of 11.58. The current Interest Coverage is 11.58, which is 137% above median its 10-year median of 4.88 and 13.1% above the Chemicals industry median of 10.24. Atharva PolyPlast's overall GF Score™ is 13/100 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 Atharva PolyPlast (BOM:544812), the current Interest Coverage is 11.58 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.

Atharva PolyPlast Business Description

Address W-163A, S Block, MIDC Bhosari, Pune, MH, IND, 411026
Atharva PolyPlast Ltd is engaged in the business of manufacturing precision mould bases, moulding patterns, and tooling components used in plastic and rubber moulding applications. It serves various industries like plastics processing, rubber moulding, automotive components, and electrical appliances. The company is focused on injection moulded components, made from polypropylene (PP), ABS, HDPE, and engineering polymers. It generates the majority of its revenue from manufacturing, i.e. by way of injection moulding.
13GF 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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