Astron Paper & Board Mill (NSE:ASTRON) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


NSE:ASTRON Astron Paper & Board Mill Ltd NSE:ASTRON
33 GF Score
Price ₹3.89
GF Value ₹0.29
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Astron Paper & Board Mill Interest Coverage?

Astron Paper & Board Mill NSE:ASTRON +1.04% 33 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NSE:ASTRON with a GF Score™ of 33/100 and a GF Value™ of ₹0.29 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 183 Forest Products companies, Astron Paper & Board Mill ranks worse than 546447.54% 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. Astron Paper & Board Mill's Operating Income for the three months ended in Mar. 2026 was ₹-39.67 Mil. Astron Paper & Board Mill's Interest Expense for the three months ended in Mar. 2026 was ₹-21.47 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Astron Paper & Board Mill's Interest Coverage or its related term are showing as below:


NSE:ASTRON's Interest Coverage is not ranked *
in the Forest Products industry.
Industry Median: 3.98
* Ranked among companies with meaningful Interest Coverage only.

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


Astron Paper & Board Mill  (NSE:ASTRON) 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 .


Astron Paper & Board Mill Interest Coverage Related Terms


Astron Paper & Board Mill Interest Coverage Historical Data

* Premium members only.

The historical data trend for Astron Paper & Board Mill'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.

Astron Paper & Board Mill Interest Coverage Chart

Astron Paper & Board Mill 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 2.99 0.00 0.00 0.00 0.00

Astron Paper & Board Mill 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 0.00 0.00 0.00 0.00 0.00

Astron Paper & Board Mill Interest Coverage Competitor Comparison

For the Paper & Paper Products subindustry, Astron Paper & Board Mill'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.


Astron Paper & Board Mill Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Astron Paper & Board Mill's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Astron Paper & Board Mill's Interest Coverage falls into.


NSE:ASTRON
33GF Score
Astron Paper & Board Mill Ltd NSE:ASTRON
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Astron Paper & Board Mill 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.

Astron Paper & Board Mill'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, Astron Paper & Board Mill's Interest Expense was ₹-115.58 Mil. Its Operating Income was ₹-96.28 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹193.48 Mil.

Astron Paper & Board Mill did not have earnings to cover the interest expense.

Astron Paper & Board Mill's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Astron Paper & Board Mill's Interest Expense was ₹-21.47 Mil. Its Operating Income was ₹-39.67 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹193.48 Mil.

Astron Paper & Board Mill did not have earnings to cover the 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.

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 0 (At Loss) mean?
Astron Paper & Board Mill (NSE:ASTRON) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Astron Paper & Board Mill and its competitors. According to the industry distribution chart, Astron Paper & Board Mill ranks #999999 out of 183 companies in the Forest Products industry.
Is Astron Paper & Board Mill's Interest Coverage too high?
Astron Paper & Board Mill's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Astron Paper & Board Mill ranks #999999 out of 183 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Astron Paper & Board Mill has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astron Paper & Board Mill's Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Astron Paper & Board Mill ranks #999999 out of 183 companies for Interest Coverage. This places Astron Paper & Board Mill in the lower half of its industry. The industry median Interest Coverage is 3.98. 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 3.98, based on 183 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. 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 Astron Paper & Board Mill and its competitors. For the Forest Products industry, the median Interest Coverage is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astron Paper & Board Mill's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astron Paper & Board Mill stock overvalued right now?
Based on GuruFocus' analysis, Astron Paper & Board Mill (NSE:ASTRON) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.29, compared to a current price of ₹3.89 — trading 1241.4% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Astron Paper & Board Mill's overall GF Score™ is 33/100 with 7 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 Astron Paper & Board Mill (NSE:ASTRON), the current Interest Coverage is 0 (At Loss) 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 Astron Paper & Board Mill (NSE:ASTRON) Overvalued in 2026?

Based on GuruFocus' analysis, Astron Paper & Board Mill stock appears to be overvalued. The current stock price of ₹3.89 is trading 1241.4% above its estimated GF Value™ of ₹0.29. GuruFocus considers Astron Paper & Board Mill to be Significantly Overvalued.

Key valuation signals for NSE:ASTRON:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹0.29 vs. price of ₹3.89 (1241.4% above fair value)
  • GF Score™: 33/100 with 7 warning signs

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


Astron Paper & Board Mill Business Description

Other Exchanges 540824:India
Address S G Highway, Ganesh Meridian, D-702, 7th Floor, Opposite High Court, Ahmedabad, GJ, IND, 380060
Astron Paper & Board Mill Ltd is a prominent Indian company specializing in the manufacturing of recycled corrugated paper and Kraft paper derived from waste paper. The company mainly focuses on producing a wide range of Kraft papers that serve various packaging needs. Its product portfolio includes varied products like VTL, High RCT, Kraft Liner, Test Liner, and Corrugated Medium Paper, ranging mainly from 80 GSM to 350 GSM and 16 to 40 BF. The company's dominant source of income is from the sale of Kraft paper.
33GF Score

Get the complete analysis for NSE:ASTRON

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

₹3.89
Price
₹0.29
GF Value