Astral (NSE:ASTRAL) Interest Coverage: 41.74 (As of Mar. 2026) — 84% Above Median


NSE:ASTRAL Astral Ltd NSE:ASTRAL
98 GF Score
Price ₹1,486.90
GF Value ₹2,136.05
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Astral Interest Coverage?

Astral NSE:ASTRAL -3.24% 98 Interest Coverage is 41.74 as of Mar. 2026, which is 84% above its 10-year median of 22.63. GuruFocus rates NSE:ASTRAL with a GF Score™ of 98/100 and a GF Value™ of ₹2,136.05 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,351 Construction companies, Astral ranks better than 70.98% 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. Astral's Operating Income for the three months ended in Mar. 2026 was ₹3,089 Mil. Astral's Interest Expense for the three months ended in Mar. 2026 was ₹-74 Mil. Astral's interest coverage for the quarter that ended in Mar. 2026 was 41.74. The higher the ratio, the stronger the company's financial strength is.

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

NSE:ASTRAL' s Interest Coverage Range Over the Past 10 Years
Min: 12.95   Med: 22.63   Max: 165.68
Current: 24.15


NSE:ASTRAL's Interest Coverage is ranked better than
70.98% of 1351 companies
in the Construction industry
Industry Median: 7.81 vs NSE:ASTRAL: 24.15

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


Astral  (NSE:ASTRAL) 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 .


Astral Interest Coverage Related Terms


Astral Interest Coverage Historical Data

* Premium members only.

The historical data trend for Astral'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.

Astral Interest Coverage Chart

Astral 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 165.68 44.93 33.05 21.10 24.15

Astral 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 29.27 14.30 23.35 18.84 41.74

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

For the Building Products & Equipment subindustry, Astral'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.


Astral Interest Coverage vs Construction Industry

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

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


NSE:ASTRAL
98GF Score
Astral Ltd NSE:ASTRAL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Astral 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.

Astral'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, Astral's Interest Expense was ₹-319 Mil. Its Operating Income was ₹7,703 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,543 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*7703/-319
=24.15

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

Here, for the three months ended in Mar. 2026, Astral's Interest Expense was ₹-74 Mil. Its Operating Income was ₹3,089 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,543 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3089/-74
=41.74

* 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 41.74 mean?
Astral (NSE:ASTRAL) has a Interest Coverage of 41.74 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Astral and its competitors. This is 84% above median its historical median of 22.63. Over the past decade, Astral's Interest Coverage has ranged from 12.95 to 165.68. According to the industry distribution chart, Astral ranks #392 out of 1351 companies in the Construction industry, placing it in the top 29%.
Is Astral's Interest Coverage too high?
Astral's current Interest Coverage of 41.74 is 84% above median its 10-year median of 22.63. Over the past 10 years, this metric has ranged from a low of 12.95 to a high of 165.68. The Construction industry median Interest Coverage is 7.81. Astral's value of 41.74 is 434.4% above this industry median. Based on the distribution chart, Astral ranks #392 out of 1351 companies in the Construction industry, which is above the industry midpoint. Overall, Astral has a GF Score™ of 98/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Astral's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Astral ranks #392 out of 1351 companies for Interest Coverage. This puts Astral in the upper half of its industry. The industry median Interest Coverage is 7.81. Astral's value of 41.74 is 434.4% above this benchmark. Historically, Astral's own Interest Coverage has ranged from 12.95 to 165.68 over the past decade. While the company's 10-year median is 22.63 vs. the industry median of 7.81, Astral 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 a Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,351 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. Astral's current Interest Coverage of 41.74 is 434.4% 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 Astral and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astral's current Interest Coverage is 41.74, which is 84% above median its own 10-year median of 22.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astral stock overvalued right now?
Based on GuruFocus' analysis, Astral (NSE:ASTRAL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,136.05, compared to a current price of ₹1,486.90 — trading 30.4% below its estimated fair value. The current Interest Coverage is 41.74, which is 84% above median its 10-year median of 22.63 and 434.4% above the Construction industry median of 7.81. Astral's overall GF Score™ is 98/100 with 2 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 Astral (NSE:ASTRAL), the current Interest Coverage is 41.74 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 Astral (NSE:ASTRAL) Overvalued in 2026?

Based on GuruFocus' analysis, Astral stock appears to be undervalued. The current stock price of ₹1,486.90 is trading 30.4% below its estimated GF Value™ of ₹2,136.05. GuruFocus considers Astral to be Significantly Undervalued.

Key valuation signals for NSE:ASTRAL:

  • Interest Coverage: 41.74 (84% above median its 10-year median of 22.63)
  • GF Value™: ₹2,136.05 vs. price of ₹1,486.90 (30.4% below fair value)
  • GF Score™: 98/100 with 2 warning signs
  • Industry Position: 434.4% above the Construction median (#392 of 1351)

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


Astral Business Description

Other Exchanges 532830:India
Address Off. S.G. Highway, Astral House, 207/1, Behind Rajpath Club, Ahmedabad, GJ, IND, 380059
Astral Ltd manufactures plumbing systems, drainage systems, agriculture, industrial, and electrical conduit pipes with various types of fittings. Operations are divided into two business segment units: Plumbing which is its key revenue generating segment, and Paints and Adhesives. Astral's list of clients includes hospitals, resorts, parks, stadiums, government facilities, and a host of other industries. The majority of the company's products are utilized across India. Pipes and systems are sold under several brand names and can be built to withstand many conditions imposed by a system's environment and meet several requirements and regulations.
98GF Score

Get the complete analysis for NSE:ASTRAL

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

₹1,486.90
Price
₹2,136.05
GF Value