Asian Granito India (NSE:ASIANTILES) Interest Coverage: 1.98 (As of Jun. 2026) — 19% Below Median

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NSE:ASIANTILES Asian Granito India Ltd NSE:ASIANTILES
56 GF Score
Price ₹50.39
GF Value ₹41.05
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Asian Granito India Interest Coverage?

Asian Granito India NSE:ASIANTILES -0.16% 56 Interest Coverage is 1.98 as of Jun. 2026, which is 19% below its 10-year median of 2.44. GuruFocus rates NSE:ASIANTILES with a GF Score™ of 56/100 and a GF Value™ of ₹41.05 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,365 Construction companies, Asian Granito India ranks worse than 93.55% 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. Asian Granito India's Operating Income for the three months ended in Jun. 2026 was ₹169 Mil. Asian Granito India's Interest Expense for the three months ended in Jun. 2026 was ₹-85 Mil. Asian Granito India's interest coverage for the quarter that ended in Jun. 2026 was 1.98. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Asian Granito India's Interest Coverage or its related term are showing as below:

NSE:ASIANTILES' s Interest Coverage Range Over the Past 10 Years
Min: 0.62   Med: 2.44   Max: 4.1
Current: 0.97


NSE:ASIANTILES's Interest Coverage is ranked worse than
93.55% of 1365 companies
in the Construction industry
Industry Median: 8.15 vs NSE:ASIANTILES: 0.97

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


Asian Granito India  (NSE:ASIANTILES) 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 .


Asian Granito India Interest Coverage Related Terms


Asian Granito India Interest Coverage Historical Data

* Premium members only.

The historical data trend for Asian Granito India'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.

Asian Granito India Interest Coverage Chart

Asian Granito India 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 4.10 0.00 0.00 0.62 0.96

Asian Granito India Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 3.31 4.07 0.00 1.98

NSE:ASIANTILES vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Asian Granito India'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.


Asian Granito India Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Asian Granito India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Asian Granito India's Interest Coverage falls into.


NSE:ASIANTILES
56GF Score
Asian Granito India Ltd NSE:ASIANTILES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asian Granito India 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.

Asian Granito India'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, Asian Granito India's Interest Expense was ₹-320 Mil. Its Operating Income was ₹306 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,849 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*306.143/-319.774
=0.96

Asian Granito India's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Asian Granito India's Interest Expense was ₹-85 Mil. Its Operating Income was ₹169 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*169.121/-85.445
=1.98

* 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 1.98 mean?
Asian Granito India (NSE:ASIANTILES) has a Interest Coverage of 1.98 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Asian Granito India and its competitors. This is 19% below median its historical median of 2.44. Over the past decade, Asian Granito India's Interest Coverage has ranged from 0.62 to 4.10. According to the industry distribution chart, Asian Granito India ranks #1277 out of 1365 companies in the Construction industry, placing it in the top 93.6%.
Is Asian Granito India's Interest Coverage too high?
Asian Granito India's current Interest Coverage of 1.98 is 19% below median its 10-year median of 2.44. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 4.10. The Construction industry median Interest Coverage is 8.15. Asian Granito India's value of 1.98 is 75.7% below this industry median. Based on the distribution chart, Asian Granito India ranks #1277 out of 1365 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Asian Granito India has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asian Granito India's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Asian Granito India ranks #1277 out of 1365 companies for Interest Coverage. This places Asian Granito India in the lower half of its industry. The industry median Interest Coverage is 8.15. Asian Granito India's value of 1.98 is 75.7% below this benchmark. Historically, Asian Granito India's own Interest Coverage has ranged from 0.62 to 4.10 over the past decade. While the company's 10-year median is 2.44 vs. the industry median of 8.15, Asian Granito India 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 8.15, based on 1,365 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. Asian Granito India's current Interest Coverage of 1.98 is 75.7% 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 Asian Granito India and its competitors. For the Construction industry, the median Interest Coverage is 8.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asian Granito India's current Interest Coverage is 1.98, which is 19% below median its own 10-year median of 2.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asian Granito India stock overvalued right now?
Based on GuruFocus' analysis, Asian Granito India (NSE:ASIANTILES) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹41.05, compared to a current price of ₹50.39 — trading 22.8% above its estimated fair value. The current Interest Coverage is 1.98, which is 19% below median its 10-year median of 2.44 and 75.7% below the Construction industry median of 8.15. Asian Granito India's overall GF Score™ is 56/100 with 5 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 Asian Granito India (NSE:ASIANTILES), the current Interest Coverage is 1.98 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.

Is Asian Granito India (NSE:ASIANTILES) Overvalued in 2026?

Based on GuruFocus' analysis, Asian Granito India stock appears to be overvalued. The current stock price of ₹50.39 is trading 22.8% above its estimated GF Value™ of ₹41.05. GuruFocus considers Asian Granito India to be Modestly Overvalued.

Key valuation signals for NSE:ASIANTILES:

  • Interest Coverage: 1.98 (19% below median its 10-year median of 2.44)
  • GF Value™: ₹41.05 vs. price of ₹50.39 (22.8% above fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 75.7% below the Construction median (#1277 of 1365)

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


Asian Granito India Business Description

Other Exchanges 532888:India
Address S.G. Highway, 202, Dev Arc, Opposite Iskon Temple, Ahmedabad, GJ, IND, 380015
Asian Granito India Ltd is engaged in the manufacturing and selling of wall and floor tiles. The company's product portfolio includes vitrified tiles, ceramic wall tiles, marble stones, grestek, crystal collection, aquart, and quartz stones, where some are exported to various countries such as the United States, Africa, the Gulf, and the Middle East countries. The company has only two reportable segments, which are Tiles & Others and Marble & Quartz. The firm's majority revenue is generated through sales in the Indian market.
56GF Score

Get the complete analysis for NSE:ASIANTILES

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

₹50.39
Price
₹41.05
GF Value