Adani Ports & Special Economic Zone (NSE:ADANIPORTS) Interest Coverage: 3.20 (As of Mar. 2026) — 18% Below Median


NSE:ADANIPORTS Adani Ports & Special Economic Zone Ltd NSE:ADANIPORTS
92 GF Score
Price ₹1,874.20
GF Value ₹1,698.48
Valuation Fairly Valued
! 5 Warning Signs
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What is Adani Ports & Special Economic Zone Interest Coverage?

Adani Ports & Special Economic Zone NSE:ADANIPORTS -0.48% 92 Interest Coverage is 3.20 as of Mar. 2026, which is 18% below its 10-year median of 3.89. GuruFocus rates NSE:ADANIPORTS with a GF Score™ of 92/100 and a GF Value™ of ₹1,698.48 (Fairly Valued). The stock has 5 warning signs investors should review. Among 838 Transportation companies, Adani Ports & Special Economic Zone ranks worse than 57.4% 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. Adani Ports & Special Economic Zone's Operating Income for the three months ended in Mar. 2026 was ₹44,051 Mil. Adani Ports & Special Economic Zone's Interest Expense for the three months ended in Mar. 2026 was ₹-13,765 Mil. Adani Ports & Special Economic Zone's interest coverage for the quarter that ended in Mar. 2026 was 3.20. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Adani Ports & Special Economic Zone's Interest Coverage or its related term are showing as below:

NSE:ADANIPORTS' s Interest Coverage Range Over the Past 10 Years
Min: 2.87   Med: 3.89   Max: 5.25
Current: 4.52


NSE:ADANIPORTS's Interest Coverage is ranked worse than
57.4% of 838 companies
in the Transportation industry
Industry Median: 5.67 vs NSE:ADANIPORTS: 4.52

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


Adani Ports & Special Economic Zone  (NSE:ADANIPORTS) 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 .


Adani Ports & Special Economic Zone Interest Coverage Related Terms


Adani Ports & Special Economic Zone Interest Coverage Historical Data

* Premium members only.

The historical data trend for Adani Ports & Special Economic Zone'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.

Adani Ports & Special Economic Zone Interest Coverage Chart

Adani Ports & Special Economic Zone Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.94 3.72 4.48 5.25 4.65

Adani Ports & Special Economic Zone Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only 5.66 5.42 5.12 5.27 3.20

Adani Ports & Special Economic Zone Interest Coverage Competitor Comparison

For the Marine Shipping subindustry, Adani Ports & Special Economic Zone'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.


Adani Ports & Special Economic Zone Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Adani Ports & Special Economic Zone's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Adani Ports & Special Economic Zone's Interest Coverage falls into.


NSE:ADANIPORTS
92GF Score
Adani Ports & Special Economic Zone Ltd NSE:ADANIPORTS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Adani Ports & Special Economic Zone 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.

Adani Ports & Special Economic Zone'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, Adani Ports & Special Economic Zone's Interest Expense was ₹-37,514 Mil. Its Operating Income was ₹174,508 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹580,479 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*174508.2/-37513.7
=4.65

Adani Ports & Special Economic Zone's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Adani Ports & Special Economic Zone's Interest Expense was ₹-13,765 Mil. Its Operating Income was ₹44,051 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹580,479 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*44051.4/-13765.1
=3.20

* 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 3.20 mean?
Adani Ports & Special Economic Zone (NSE:ADANIPORTS) has a Interest Coverage of 3.20 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Adani Ports & Special Economic Zone and its competitors. This is 18% below median its historical median of 3.89. Over the past decade, Adani Ports & Special Economic Zone's Interest Coverage has ranged from 2.87 to 5.25. According to the industry distribution chart, Adani Ports & Special Economic Zone ranks #481 out of 838 companies in the Transportation industry, placing it in the top 57.4%.
Is Adani Ports & Special Economic Zone's Interest Coverage too high?
Adani Ports & Special Economic Zone's current Interest Coverage of 3.20 is 18% below median its 10-year median of 3.89. Over the past 10 years, this metric has ranged from a low of 2.87 to a high of 5.25. The Transportation industry median Interest Coverage is 5.67. Adani Ports & Special Economic Zone's value of 3.20 is 43.6% below this industry median. Based on the distribution chart, Adani Ports & Special Economic Zone ranks #481 out of 838 companies in the Transportation industry, which is below the industry midpoint. Overall, Adani Ports & Special Economic Zone has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Ports & Special Economic Zone's Interest Coverage compare to competitors?
According to the Transportation industry distribution chart, Adani Ports & Special Economic Zone ranks #481 out of 838 companies for Interest Coverage. This places Adani Ports & Special Economic Zone in the lower half of its industry. The industry median Interest Coverage is 5.67. Adani Ports & Special Economic Zone's value of 3.20 is 43.6% below this benchmark. Historically, Adani Ports & Special Economic Zone's own Interest Coverage has ranged from 2.87 to 5.25 over the past decade. While the company's 10-year median is 3.89 vs. the industry median of 5.67, Adani Ports & Special Economic Zone 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.67, based on 838 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. Adani Ports & Special Economic Zone's current Interest Coverage of 3.20 is 43.6% 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 Adani Ports & Special Economic Zone and its competitors. For the Transportation industry, the median Interest Coverage is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Ports & Special Economic Zone's current Interest Coverage is 3.20, which is 18% below median its own 10-year median of 3.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Ports & Special Economic Zone stock overvalued right now?
Based on GuruFocus' analysis, Adani Ports & Special Economic Zone (NSE:ADANIPORTS) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,698.48, compared to a current price of ₹1,874.20 — trading 10.3% above its estimated fair value. The current Interest Coverage is 3.20, which is 18% below median its 10-year median of 3.89 and 43.6% below the Transportation industry median of 5.67. Adani Ports & Special Economic Zone's overall GF Score™ is 92/100 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 Adani Ports & Special Economic Zone (NSE:ADANIPORTS), the current Interest Coverage is 3.20 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.

Is Adani Ports & Special Economic Zone (NSE:ADANIPORTS) Overvalued in 2026?

Based on GuruFocus' analysis, Adani Ports & Special Economic Zone stock appears to be overvalued. The current stock price of ₹1,874.20 is trading 10.3% above its estimated GF Value™ of ₹1,698.48. GuruFocus considers Adani Ports & Special Economic Zone to be Fairly Valued.

Key valuation signals for NSE:ADANIPORTS:

  • Interest Coverage: 3.20 (18% below median its 10-year median of 3.89)
  • GF Value™: ₹1,698.48 vs. price of ₹1,874.20 (10.3% above fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 43.6% below the Transportation median (#481 of 838)

No single metric tells the full story. See the NSE:ADANIPORTS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adani Ports & Special Economic Zone Business Description

Other Exchanges 532921:India
Address S. G. Highway, Adani Corporate House, Shantigram, Khodiyar, Near Vaishno Devi Circle, Ahmedabad, GJ, IND, 382421
Adani Ports & Special Economic Zone Ltd is in the business of development, operations and maintenance of port infrastructure (port services and related infrastructure development) and has linked multi product Special Economic Zone (SEZ) and related infrastructure contiguous to Port at Mundra. The Company is mainly engaged in one business segment, namely developing, operating and maintaining the ports services, ports related Infrastructure development activities and development of infrastructure at contiguous Special Economic Zone at Mundra. The company has presence in India and Outside India. The company generates majority of revenue from India.
92GF Score

Get the complete analysis for NSE:ADANIPORTS

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

₹1,874.20
Price
₹1,698.48
GF Value