Artemis Electricals & Projects (NSE:AEPL) Interest Coverage: 88.60 (As of Mar. 2026) — 458% Above Median

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NSE:AEPL Artemis Electricals & Projects Ltd NSE:AEPL
63 GF Score
Price ₹15.87
GF Value ₹30.41
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Artemis Electricals & Projects Interest Coverage?

Artemis Electricals & Projects NSE:AEPL -0.87% 63 Interest Coverage is 88.60 as of Mar. 2026, which is 458% above its 10-year median of 15.88. GuruFocus rates NSE:AEPL with a GF Score™ of 63/100 and a GF Value™ of ₹30.41 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,329 Industrial Products companies, Artemis Electricals & Projects ranks better than 74.19% 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. Artemis Electricals & Projects's Operating Income for the three months ended in Mar. 2026 was ₹39.3 Mil. Artemis Electricals & Projects's Interest Expense for the three months ended in Mar. 2026 was ₹-0.4 Mil. Artemis Electricals & Projects's interest coverage for the quarter that ended in Mar. 2026 was 88.60. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Artemis Electricals & Projects Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Artemis Electricals & Projects's Interest Coverage or its related term are showing as below:

NSE:AEPL' s Interest Coverage Range Over the Past 10 Years
Min: 1.46   Med: 15.88   Max: 756.11
Current: 54.41


NSE:AEPL's Interest Coverage is ranked better than
74.19% of 2329 companies
in the Industrial Products industry
Industry Median: 14.69 vs NSE:AEPL: 54.41

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


Artemis Electricals & Projects  (NSE:AEPL) 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 .


Artemis Electricals & Projects Interest Coverage Related Terms


Artemis Electricals & Projects Interest Coverage Historical Data

* Premium members only.

The historical data trend for Artemis Electricals & Projects'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.

Artemis Electricals & Projects Interest Coverage Chart

Artemis Electricals & Projects 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 0.00 5.36 6.15 35.36 54.41

Artemis Electricals & Projects 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 77.40 32.59 81.45 19.96 88.60

NSE:AEPL vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Artemis Electricals & Projects'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.


Artemis Electricals & Projects Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Artemis Electricals & Projects's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Artemis Electricals & Projects's Interest Coverage falls into.


NSE:AEPL
63GF Score
Artemis Electricals & Projects Ltd NSE:AEPL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Artemis Electricals & Projects 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.

Artemis Electricals & Projects'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, Artemis Electricals & Projects's Interest Expense was ₹-2.1 Mil. Its Operating Income was ₹112.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9.4 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*112.414/-2.066
=54.41

Artemis Electricals & Projects's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Artemis Electricals & Projects's Interest Expense was ₹-0.4 Mil. Its Operating Income was ₹39.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*39.252/-0.443
=88.60

* 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 88.60 mean?
Artemis Electricals & Projects (NSE:AEPL) has a Interest Coverage of 88.60 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Artemis Electricals & Projects and its competitors. This is 458% above median its historical median of 15.88. Over the past decade, Artemis Electricals & Projects' Interest Coverage has ranged from 1.46 to 756.11. According to the industry distribution chart, Artemis Electricals & Projects ranks #601 out of 2329 companies in the Industrial Products industry, placing it in the top 25.8%.
Is Artemis Electricals & Projects' Interest Coverage too high?
Artemis Electricals & Projects' current Interest Coverage of 88.60 is 458% above median its 10-year median of 15.88. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 756.11. The Industrial Products industry median Interest Coverage is 14.69. Artemis Electricals & Projects' value of 88.60 is 503.1% above this industry median. Based on the distribution chart, Artemis Electricals & Projects ranks #601 out of 2329 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Artemis Electricals & Projects has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Artemis Electricals & Projects' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Artemis Electricals & Projects ranks #601 out of 2329 companies for Interest Coverage. This puts Artemis Electricals & Projects in the upper half of its industry. The industry median Interest Coverage is 14.69. Artemis Electricals & Projects' value of 88.60 is 503.1% above this benchmark. Historically, Artemis Electricals & Projects' own Interest Coverage has ranged from 1.46 to 756.11 over the past decade. While the company's 10-year median is 15.88 vs. the industry median of 14.69, Artemis Electricals & Projects 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.69, based on 2,329 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. Artemis Electricals & Projects's current Interest Coverage of 88.60 is 503.1% 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 Artemis Electricals & Projects and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Artemis Electricals & Projects's current Interest Coverage is 88.60, which is 458% above median its own 10-year median of 15.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Artemis Electricals & Projects stock overvalued right now?
Based on GuruFocus' analysis, Artemis Electricals & Projects (NSE:AEPL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹30.41, compared to a current price of ₹15.87 — trading 47.8% below its estimated fair value. The current Interest Coverage is 88.60, which is 458% above median its 10-year median of 15.88 and 503.1% above the Industrial Products industry median of 14.69. Artemis Electricals & Projects' overall GF Score™ is 63/100 with 2 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 Artemis Electricals & Projects (NSE:AEPL), the current Interest Coverage is 88.60 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 Artemis Electricals & Projects (NSE:AEPL) Overvalued in 2026?

Based on GuruFocus' analysis, Artemis Electricals & Projects stock appears to be undervalued. The current stock price of ₹15.87 is trading 47.8% below its estimated GF Value™ of ₹30.41. GuruFocus considers Artemis Electricals & Projects to be Possible Value Trap.

Key valuation signals for NSE:AEPL:

  • Interest Coverage: 88.60 (458% above median its 10-year median of 15.88)
  • GF Value™: ₹30.41 vs. price of ₹15.87 (47.8% below fair value)
  • GF Score™: 63/100 with 2 warning signs
  • Industry Position: 503.1% above the Industrial Products median (#601 of 2329)

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


Artemis Electricals & Projects Business Description

Other Exchanges 542670:India
Address National Express Highway, Artemis Complex, Gala No. 105 and 108, Vasai (East), Thane, MH, IND, 401208
Artemis Electricals & Projects Ltd is engaged in the business of manufacturing and trading of Light Emitting Diode (LED) lights and LED lighting accessories. It primarily manufactures indoor and outdoor LED luminaries such as Street lights, Solar Powered Home LED lighting Systems and LED-based Street Lights, Downlights, Garden lights, pavement/walkthrough indication lights, and others. Geographically, it only operates in India.
63GF Score

Get the complete analysis for NSE:AEPL

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

₹15.87
Price
₹30.41
GF Value