Anawil Wire and Engineering (NSE:ANAWIL) Interest Coverage: 8.90 (As of Mar. 2026) — 160% Above Median

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NSE:ANAWIL Anawil Wire and Engineering Ltd NSE:ANAWIL
13 GF Score
Price ₹409.30
! 3 Warning Signs
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What is Anawil Wire and Engineering Interest Coverage?

Anawil Wire and Engineering NSE:ANAWIL -2.83% 13 Interest Coverage is 8.90 as of Mar. 2026, which is 160% above its 10-year median of 3.42. GuruFocus rates NSE:ANAWIL with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 2,319 Industrial Products companies, Anawil Wire and Engineering ranks worse than 61.28% 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. Anawil Wire and Engineering's Operating Income for the six months ended in Mar. 2026 was ₹502 Mil. Anawil Wire and Engineering's Interest Expense for the six months ended in Mar. 2026 was ₹-56 Mil. Anawil Wire and Engineering's interest coverage for the quarter that ended in Mar. 2026 was 8.90. The higher the ratio, the stronger the company's financial strength is.

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

NSE:ANAWIL' s Interest Coverage Range Over the Past 10 Years
Min: 2   Med: 3.42   Max: 8.9
Current: 8.9


NSE:ANAWIL's Interest Coverage is ranked worse than
61.28% of 2319 companies
in the Industrial Products industry
Industry Median: 14.78 vs NSE:ANAWIL: 8.90

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


Anawil Wire and Engineering  (NSE:ANAWIL) 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 .


Anawil Wire and Engineering Interest Coverage Related Terms


Anawil Wire and Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Anawil Wire and 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.

Anawil Wire and Engineering Interest Coverage Chart

Anawil Wire and Engineering Annual Data
Trend Mar24 Mar25 Mar26
Interest Coverage
2.00 3.42 8.90

Anawil Wire and Engineering Semi-Annual Data
Mar24 Mar25 Mar26
Interest Coverage 2.00 3.42 8.90

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

For the Specialty Industrial Machinery subindustry, Anawil Wire and 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.


Anawil Wire and Engineering Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Anawil Wire and Engineering's Interest Coverage falls into.


NSE:ANAWIL
13GF Score
Anawil Wire and Engineering Ltd NSE:ANAWIL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Anawil Wire and 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.

Anawil Wire and 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, Anawil Wire and Engineering's Interest Expense was ₹-56 Mil. Its Operating Income was ₹502 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹984 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*502.377/-56.426
=8.90

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

Here, for the six months ended in Mar. 2026, Anawil Wire and Engineering's Interest Expense was ₹-56 Mil. Its Operating Income was ₹502 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹984 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*502.377/-56.426
=8.90

* 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 8.90 mean?
Anawil Wire and Engineering (NSE:ANAWIL) has a Interest Coverage of 8.90 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Anawil Wire and Engineering and its competitors. This is 160% above median its historical median of 3.42. Over the past decade, Anawil Wire and Engineering's Interest Coverage has ranged from 2.00 to 8.90. According to the industry distribution chart, Anawil Wire and Engineering ranks #1421 out of 2319 companies in the Industrial Products industry, placing it in the top 61.3%.
Is Anawil Wire and Engineering's Interest Coverage too high?
Anawil Wire and Engineering's current Interest Coverage of 8.90 is 160% above median its 10-year median of 3.42. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 8.90. The Industrial Products industry median Interest Coverage is 14.78. Anawil Wire and Engineering's value of 8.90 is 39.8% below this industry median. Based on the distribution chart, Anawil Wire and Engineering ranks #1421 out of 2319 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Anawil Wire and Engineering has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Anawil Wire and Engineering's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Anawil Wire and Engineering ranks #1421 out of 2319 companies for Interest Coverage. This places Anawil Wire and Engineering in the lower half of its industry. The industry median Interest Coverage is 14.78. Anawil Wire and Engineering's value of 8.90 is 39.8% below this benchmark. Historically, Anawil Wire and Engineering's own Interest Coverage has ranged from 2.00 to 8.90 over the past decade. While the company's 10-year median is 3.42 vs. the industry median of 14.78, Anawil Wire and Engineering 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.78, based on 2,319 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. Anawil Wire and Engineering's current Interest Coverage of 8.90 is 39.8% 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 Anawil Wire and Engineering and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anawil Wire and Engineering's current Interest Coverage is 8.90, which is 160% above median its own 10-year median of 3.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anawil Wire and Engineering stock overvalued right now?
Anawil Wire and Engineering (NSE:ANAWIL) has a current Interest Coverage of 8.90. The current Interest Coverage is 8.90, which is 160% above median its 10-year median of 3.42 and 39.8% below the Industrial Products industry median of 14.78. Anawil Wire and Engineering's overall GF Score™ is 13/100 with 3 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 Anawil Wire and Engineering (NSE:ANAWIL), the current Interest Coverage is 8.90 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.

Anawil Wire and Engineering Business Description

Address Plot No. 201, Office No-1, Vibrant Business Park G.I.D.C, Valsad, Pardi, Vapi, GJ, IND, 396191
Anawil Wire and Engineering Ltd is engaged in the business of manufacturing windmill towers, with a primary focus on the fabrication of towers from heavy and precision steel components customized to meet the specific requirements of clients in the wind energy sector. The company supplies its products to original equipment manufacturers (OEMs) of wind turbine generators (WTGs) and companies operating in the renewable energy sector. The majority of revenue is derived from the tower manufacturing and fabrication business.
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