Aprameya Engineering (NSE:APRAMEYA) Interest Coverage: 2.87 (As of Mar. 2026) — 23% Below Median


NSE:APRAMEYA Aprameya Engineering Ltd NSE:APRAMEYA
41 GF Score
Price ₹151.00
! 6 Warning Signs
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What is Aprameya Engineering Interest Coverage?

Aprameya Engineering NSE:APRAMEYA -1.15% 41 Interest Coverage is 2.87 as of Mar. 2026, which is 23% below its 10-year median of 3.71. GuruFocus rates NSE:APRAMEYA with a GF Score™ of 41/100. The stock has 6 warning signs investors should review. Among 467 Medical Devices & Instruments companies, Aprameya Engineering ranks worse than 85.22% 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. Aprameya Engineering's Operating Income for the six months ended in Mar. 2026 was ₹104.4 Mil. Aprameya Engineering's Interest Expense for the six months ended in Mar. 2026 was ₹-36.4 Mil. Aprameya Engineering's interest coverage for the quarter that ended in Mar. 2026 was 2.87. The higher the ratio, the stronger the company's financial strength is.

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

NSE:APRAMEYA' s Interest Coverage Range Over the Past 10 Years
Min: 2.06   Med: 3.71   Max: 30.96
Current: 2.87


NSE:APRAMEYA's Interest Coverage is ranked worse than
85.22% of 467 companies
in the Medical Devices & Instruments industry
Industry Median: 15.72 vs NSE:APRAMEYA: 2.87

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


Aprameya Engineering  (NSE:APRAMEYA) 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 .


Aprameya Engineering Interest Coverage Related Terms


Aprameya Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Aprameya 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.

Aprameya Engineering Interest Coverage Chart

Aprameya Engineering Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 30.96 6.75 3.71 7.64 2.87

Aprameya Engineering Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage Get a 7-Day Free Trial 30.96 6.75 3.71 7.64 2.87

NSE:APRAMEYA vs ISRG, BDX, MDLN: Interest Coverage Comparison

For the Medical Instruments & Supplies subindustry, Aprameya 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.


Aprameya Engineering Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aprameya Engineering's Interest Coverage distribution charts can be found below:

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


NSE:APRAMEYA
41GF Score
Aprameya Engineering Ltd NSE:APRAMEYA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Aprameya 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.

Aprameya 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, Aprameya Engineering's Interest Expense was ₹-36.4 Mil. Its Operating Income was ₹104.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹17.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*104.427/-36.434
=2.87

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

Here, for the six months ended in Mar. 2026, Aprameya Engineering's Interest Expense was ₹-36.4 Mil. Its Operating Income was ₹104.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹17.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*104.427/-36.434
=2.87

* 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 2.87 mean?
Aprameya Engineering (NSE:APRAMEYA) has a Interest Coverage of 2.87 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Aprameya Engineering and its competitors. This is 23% below median its historical median of 3.71. Over the past decade, Aprameya Engineering's Interest Coverage has ranged from 2.06 to 30.96. According to the industry distribution chart, Aprameya Engineering ranks #398 out of 467 companies in the Medical Devices & Instruments industry, placing it in the top 85.2%.
Is Aprameya Engineering's Interest Coverage too high?
Aprameya Engineering's current Interest Coverage of 2.87 is 23% below median its 10-year median of 3.71. Over the past 10 years, this metric has ranged from a low of 2.06 to a high of 30.96. The Medical Devices & Instruments industry median Interest Coverage is 15.72. Aprameya Engineering's value of 2.87 is 81.7% below this industry median. Based on the distribution chart, Aprameya Engineering ranks #398 out of 467 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Aprameya Engineering has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Aprameya Engineering's Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Aprameya Engineering ranks #398 out of 467 companies for Interest Coverage. This places Aprameya Engineering in the lower half of its industry. The industry median Interest Coverage is 15.72. Aprameya Engineering's value of 2.87 is 81.7% below this benchmark. Historically, Aprameya Engineering's own Interest Coverage has ranged from 2.06 to 30.96 over the past decade. While the company's 10-year median is 3.71 vs. the industry median of 15.72, Aprameya 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 a Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 15.72, based on 467 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. Aprameya Engineering's current Interest Coverage of 2.87 is 81.7% 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 Aprameya Engineering and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 15.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aprameya Engineering's current Interest Coverage is 2.87, which is 23% below median its own 10-year median of 3.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aprameya Engineering stock overvalued right now?
Aprameya Engineering (NSE:APRAMEYA) has a current Interest Coverage of 2.87. The current Interest Coverage is 2.87, which is 23% below median its 10-year median of 3.71 and 81.7% below the Medical Devices & Instruments industry median of 15.72. Aprameya Engineering's overall GF Score™ is 41/100 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 Aprameya Engineering (NSE:APRAMEYA), the current Interest Coverage is 2.87 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.

Aprameya Engineering Business Description

Address 908, 9th Floor, Venus Atlantis Corporate Park, Anandnagar, Prahladnagar, Ahmedabad, GJ, IND, 380015
Aprameya Engineering Ltd is engaged in the business of installation, set up & maintenance of Intensive Care Units (ICU), Neonatal Intensive Care Units (NICU), Pediatric Intensive Care Units (PICU), Operation Theatre, dialysis centres and prefabricated structure ward (hereinafter referred to as Healthcare Infrastructure projects) in the hospitals and medical care centers on turnkey basis with the supply of high-value healthcare equipment and diagnostic equipment to private hospitals, Government hospitals, and medical practitioners. The company has two Business segments: Trading of Medical support Equipment (Trading Sales) and Supplies for Infra Projects for health care sectors (Turnkey project supplies). Key revenue is generated from Trunkey Project Supply.
41GF 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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