Ashapura MinechemNSE:ASHAPURMIN -3.04%82 Interest Coverage is 2.74 as of Mar. 2026, which is 27% above its 10-year median of 2.15. GuruFocus rates NSE:ASHAPURMIN with a GF Score™ of 82/100 and a GF Value™ of ₹760.61 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,317 Metals & Mining companies, Ashapura Minechem ranks worse than 91.88% 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. Ashapura Minechem's
Operating Income
for the
three
months ended in Mar. 2026 was ₹926 Mil. Ashapura Minechem's Interest Expense for the
three
months ended in Mar. 2026 was ₹-338 Mil.
Ashapura Minechem's interest coverage for the quarter that ended in Mar. 2026 was 2.74.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ashapura Minechem's Interest Coverage or its related term are showing as below:
NSE:ASHAPURMIN'
s Interest Coverage Range Over the Past 10 Years
Min: 0.79 Med: 2.15 Max: 3.58
Current: 3.58
NSE:ASHAPURMIN's Interest Coverage is ranked worse than 91.88% of 1317
companies
in the Metals & Mining industry
Industry Median: No Debt
vs NSE:ASHAPURMIN: 3.58
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 .
Ashapura Minechem Interest Coverage Related Terms
Ashapura Minechem Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ashapura Minechem'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.
For the Other Industrial Metals & Mining subindustry, Ashapura Minechem'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.
Ashapura Minechem Interest Coverage vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ashapura Minechem's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ashapura Minechem's Interest Coverage falls into.
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:
* 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.
Ashapura Minechem (NSE:ASHAPURMIN) has a Interest Coverage of 2.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ashapura Minechem and its competitors. This is 27% above median its historical median of 2.15. Over the past decade, Ashapura Minechem's Interest Coverage has ranged from 0.79 to 3.58. According to the industry distribution chart, Ashapura Minechem ranks #1210 out of 1317 companies in the Metals & Mining industry, placing it in the top 91.9%.
Is Ashapura Minechem's Interest Coverage too high?
Ashapura Minechem's current Interest Coverage of 2.74 is 27% above median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 0.79 to a high of 3.58. The Metals & Mining industry median Interest Coverage is 10,000.00. Ashapura Minechem's value of 2.74 is 100% below this industry median. Based on the distribution chart, Ashapura Minechem ranks #1210 out of 1317 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ashapura Minechem has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashapura Minechem's Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Ashapura Minechem ranks #1210 out of 1317 companies for Interest Coverage. This places Ashapura Minechem in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Ashapura Minechem's value of 2.74 is 100% below this benchmark. Historically, Ashapura Minechem's own Interest Coverage has ranged from 0.79 to 3.58 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 10,000.00, Ashapura Minechem 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,317 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. Ashapura Minechem's current Interest Coverage of 2.74 is 100% 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 Ashapura Minechem and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapura Minechem's current Interest Coverage is 2.74, which is 27% above median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapura Minechem stock overvalued right now?
Based on GuruFocus' analysis, Ashapura Minechem (NSE:ASHAPURMIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹760.61, compared to a current price of ₹671.30 — trading 11.7% below its estimated fair value. The current Interest Coverage is 2.74, which is 27% above median its 10-year median of 2.15 and 100% below the Metals & Mining industry median of 10,000.00. Ashapura Minechem's overall GF Score™ is 82/100 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 Ashapura Minechem (NSE:ASHAPURMIN), the current Interest Coverage is 2.74 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 Ashapura Minechem (NSE:ASHAPURMIN) Overvalued in 2026?
Based on GuruFocus' analysis, Ashapura Minechem stock appears to be undervalued.
The current stock price of ₹671.30 is trading 11.7% below its estimated GF Value™ of ₹760.61.
GuruFocus considers Ashapura Minechem to be Modestly Undervalued.
Key valuation signals for NSE:ASHAPURMIN:
Interest Coverage: 2.74 (27% above median its 10-year median of 2.15)
GF Value™: ₹760.61 vs. price of ₹671.30 (11.7% below fair value)
Industry Position: 100% below the Metals & Mining median (#1210 of 1317)
No single metric tells the full story. See the NSE:ASHAPURMIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashapura Minechem Ltd is engaged in the mining, manufacturing, and trading of various minerals and their derivative products, and related services. The primary products of the company include bentonite, bauxite, kaolin, Calcined China Clay (CCC), and Ground Calcium Carbonate (GCC). The group has a single segment: Minerals and its derivative products. The majority of its revenue is generated through exports.
82GF Score
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