Afcons Infrastructure (NSE:AFCONS) Interest Coverage: 0.97 (As of Jun. 2026) — 58% Below Median

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NSE:AFCONS Afcons Infrastructure Ltd NSE:AFCONS
31 GF Score
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What is Afcons Infrastructure Interest Coverage?

Afcons Infrastructure NSE:AFCONS -0.82% 31 Interest Coverage is 0.97 as of Jun. 2026, which is 58% below its 10-year median of 2.30. GuruFocus rates NSE:AFCONS with a GF Score™ of 31/100. The stock has 6 warning signs investors should review. Among 1,364 Construction companies, Afcons Infrastructure ranks worse than 93.33% 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. Afcons Infrastructure's Operating Income for the three months ended in Jun. 2026 was ₹1,680 Mil. Afcons Infrastructure's Interest Expense for the three months ended in Jun. 2026 was ₹-1,731 Mil. Afcons Infrastructure's interest coverage for the quarter that ended in Jun. 2026 was 0.97. The higher the ratio, the stronger the company's financial strength is.

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

NSE:AFCONS' s Interest Coverage Range Over the Past 10 Years
Min: 0.93   Med: 2.3   Max: 2.99
Current: 0.93


NSE:AFCONS's Interest Coverage is ranked worse than
93.33% of 1364 companies
in the Construction industry
Industry Median: 7.81 vs NSE:AFCONS: 0.93

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


Afcons Infrastructure  (NSE:AFCONS) 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 .


Afcons Infrastructure Interest Coverage Related Terms


Afcons Infrastructure Interest Coverage Historical Data

* Premium members only.

The historical data trend for Afcons Infrastructure'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.

Afcons Infrastructure Interest Coverage Chart

Afcons Infrastructure Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 2.22 2.99 2.18 2.44 1.72

Afcons Infrastructure Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.83 1.22 1.90 0.00 0.97

NSE:AFCONS vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Afcons Infrastructure'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.


Afcons Infrastructure Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Afcons Infrastructure's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Afcons Infrastructure's Interest Coverage falls into.


NSE:AFCONS
31GF Score
Afcons Infrastructure Ltd NSE:AFCONS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Afcons Infrastructure 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.

Afcons Infrastructure'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, Afcons Infrastructure's Interest Expense was ₹-5,216 Mil. Its Operating Income was ₹8,996 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9,691 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*8996.3/-5215.5
=1.72

Afcons Infrastructure's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Afcons Infrastructure's Interest Expense was ₹-1,731 Mil. Its Operating Income was ₹1,680 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*1679.6/-1730.5
=0.97

* 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 0.97 mean?
Afcons Infrastructure (NSE:AFCONS) has a Interest Coverage of 0.97 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Afcons Infrastructure and its competitors. This is 58% below median its historical median of 2.30. Over the past decade, Afcons Infrastructure's Interest Coverage has ranged from 0.93 to 2.99. According to the industry distribution chart, Afcons Infrastructure ranks #1273 out of 1364 companies in the Construction industry, placing it in the top 93.3%.
Is Afcons Infrastructure's Interest Coverage too high?
Afcons Infrastructure's current Interest Coverage of 0.97 is 58% below median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 2.99. The Construction industry median Interest Coverage is 7.81. Afcons Infrastructure's value of 0.97 is 87.6% below this industry median. Based on the distribution chart, Afcons Infrastructure ranks #1273 out of 1364 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Afcons Infrastructure has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Afcons Infrastructure's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Afcons Infrastructure ranks #1273 out of 1364 companies for Interest Coverage. This places Afcons Infrastructure in the lower half of its industry. The industry median Interest Coverage is 7.81. Afcons Infrastructure's value of 0.97 is 87.6% below this benchmark. Historically, Afcons Infrastructure's own Interest Coverage has ranged from 0.93 to 2.99 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 7.81, Afcons Infrastructure 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 7.81, based on 1,364 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. Afcons Infrastructure's current Interest Coverage of 0.97 is 87.6% 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 Afcons Infrastructure and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afcons Infrastructure's current Interest Coverage is 0.97, which is 58% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afcons Infrastructure stock overvalued right now?
Afcons Infrastructure (NSE:AFCONS) has a current Interest Coverage of 0.97. The current Interest Coverage is 0.97, which is 58% below median its 10-year median of 2.30 and 87.6% below the Construction industry median of 7.81. Afcons Infrastructure's overall GF Score™ is 31/100 with 6 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 Afcons Infrastructure (NSE:AFCONS), the current Interest Coverage is 0.97 as of Jun. 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.

Afcons Infrastructure Business Description

Other Exchanges 544280:India
Address Veera Desai Road, Afcons House, 16 Shah Industrial Estate, Azadnagar, Andheri West, Mumbai, MH, IND, 400053
Afcons Infrastructure Ltd is an engineering and construction company. It has a track record of executing numerous complex, challenging engineering, procurement, and construction (EPC) projects both within India and internationally. The company's projects include the Ghana Rail Project, Chenab Bridge, Atal Tunnel, MG Setu Bridge, Annaram Barrage, Fourth Container Terminal, JNPT, Mumbai, Kolkata Metro, and others. Geographically, the company derives the majority of its revenue from its operations in India, and also conducts its business activities outside India.
31GF 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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