AIA Engineering (NSE:AIAENG) Interest Coverage: 62.06 (As of Mar. 2026) — 28% Below Median


NSE:AIAENG AIA Engineering Ltd NSE:AIAENG
87 GF Score
Price ₹4,951.40
GF Value ₹3,543.91
Valuation Significantly Overvalued
! 8 Warning Signs
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What is AIA Engineering Interest Coverage?

AIA Engineering NSE:AIAENG +2.52% 87 Interest Coverage is 62.06 as of Mar. 2026, which is 28% below its 10-year median of 86.31. GuruFocus rates NSE:AIAENG with a GF Score™ of 87/100 and a GF Value™ of ₹3,543.91 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,325 Industrial Products companies, AIA Engineering ranks better than 64.6% 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. AIA Engineering's Operating Income for the three months ended in Mar. 2026 was ₹3,338 Mil. AIA Engineering's Interest Expense for the three months ended in Mar. 2026 was ₹-54 Mil. AIA Engineering's interest coverage for the quarter that ended in Mar. 2026 was 62.06. The higher the ratio, the stronger the company's financial strength is.

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

NSE:AIAENG' s Interest Coverage Range Over the Past 10 Years
Min: 31.33   Med: 86.31   Max: 165.39
Current: 31.33


NSE:AIAENG's Interest Coverage is ranked better than
64.6% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs NSE:AIAENG: 31.33

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


AIA Engineering  (NSE:AIAENG) 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 .


AIA Engineering Interest Coverage Related Terms


AIA Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for AIA Engineering'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.

AIA Engineering Interest Coverage Chart

AIA Engineering 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 165.39 57.50 43.87 49.60 31.33

AIA Engineering 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 32.37 38.73 34.91 16.16 62.06

NSE:AIAENG vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, AIA Engineering'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.


AIA Engineering Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, AIA Engineering's Interest Coverage distribution charts can be found below:

* The bar in red indicates where AIA Engineering's Interest Coverage falls into.


NSE:AIAENG
87GF Score
AIA Engineering Ltd NSE:AIAENG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AIA Engineering 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.

AIA Engineering'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, AIA Engineering's Interest Expense was ₹-365 Mil. Its Operating Income was ₹11,436 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹73 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*11435.968/-365.072
=31.33

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

Here, for the three months ended in Mar. 2026, AIA Engineering's Interest Expense was ₹-54 Mil. Its Operating Income was ₹3,338 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹73 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3337.546/-53.777
=62.06

* 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 62.06 mean?
AIA Engineering (NSE:AIAENG) has a Interest Coverage of 62.06 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AIA Engineering and its competitors. This is 28% below median its historical median of 86.31. Over the past decade, AIA Engineering's Interest Coverage has ranged from 31.33 to 165.39. According to the industry distribution chart, AIA Engineering ranks #823 out of 2325 companies in the Industrial Products industry, placing it in the top 35.4%.
Is AIA Engineering's Interest Coverage too high?
AIA Engineering's current Interest Coverage of 62.06 is 28% below median its 10-year median of 86.31. Over the past 10 years, this metric has ranged from a low of 31.33 to a high of 165.39. The Industrial Products industry median Interest Coverage is 14.80. AIA Engineering's value of 62.06 is 319.3% above this industry median. Based on the distribution chart, AIA Engineering ranks #823 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, AIA Engineering has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AIA Engineering's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, AIA Engineering ranks #823 out of 2325 companies for Interest Coverage. This puts AIA Engineering in the upper half of its industry. The industry median Interest Coverage is 14.80. AIA Engineering's value of 62.06 is 319.3% above this benchmark. Historically, AIA Engineering's own Interest Coverage has ranged from 31.33 to 165.39 over the past decade. While the company's 10-year median is 86.31 vs. the industry median of 14.80, AIA Engineering 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 14.80, based on 2,325 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. AIA Engineering's current Interest Coverage of 62.06 is 319.3% 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 AIA Engineering and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AIA Engineering's current Interest Coverage is 62.06, which is 28% below median its own 10-year median of 86.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AIA Engineering stock overvalued right now?
Based on GuruFocus' analysis, AIA Engineering (NSE:AIAENG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,543.91, compared to a current price of ₹4,951.40 — trading 39.7% above its estimated fair value. The current Interest Coverage is 62.06, which is 28% below median its 10-year median of 86.31 and 319.3% above the Industrial Products industry median of 14.80. AIA Engineering's overall GF Score™ is 87/100 with 8 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 AIA Engineering (NSE:AIAENG), the current Interest Coverage is 62.06 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 AIA Engineering (NSE:AIAENG) Overvalued in 2026?

Based on GuruFocus' analysis, AIA Engineering stock appears to be overvalued. The current stock price of ₹4,951.40 is trading 39.7% above its estimated GF Value™ of ₹3,543.91. GuruFocus considers AIA Engineering to be Significantly Overvalued.

Key valuation signals for NSE:AIAENG:

  • Interest Coverage: 62.06 (28% below median its 10-year median of 86.31)
  • GF Value™: ₹3,543.91 vs. price of ₹4,951.40 (39.7% above fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 319.3% above the Industrial Products median (#823 of 2325)

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


AIA Engineering Business Description

Other Exchanges 532683:India
Address Off. S. G. Highway, Sindhu Bhavan Road, 11-12, Sigma Corporates, Behind HOF Showroom, Bodakdev, Ahmedabad, GJ, IND, 380054
AIA Engineering Ltd is an India-based company that develops, manufactures, and distributes chromium consumable wear parts, including grinding media, shell liners, diaphragms, grinding tables, heat-resistant castings, cone crushers, and others. The Company operates in only one Segment which is Manufacturing of High Chrome Mill Internals. The company's products are applied in the crushing/grinding processes in the cement, mining, thermal power, and other sectors. AIA Engineering Ltd generates the majority of its sales from markets outside of India. Vega Industries, a wholly-owned subsidiary of this company, is responsible for distributing the company's products outside India.
87GF Score

Get the complete analysis for NSE:AIAENG

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

₹4,951.40
Price
₹3,543.91
GF Value