Avana Electrosystems (NSE:AVANA) Interest Coverage: 20.71 (As of Sep. 2025) — 173% Above Median


NSE:AVANA Avana Electrosystems Ltd NSE:AVANA
17 GF Score
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! 2 Warning Signs
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What is Avana Electrosystems Interest Coverage?

Avana Electrosystems NSE:AVANA -3.99% 17 Interest Coverage is 20.71 as of Sep. 2025, which is 173% above its 10-year median of 7.59. GuruFocus rates NSE:AVANA with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 2,322 Industrial Products companies, Avana Electrosystems ranks better than 56.8% 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. Avana Electrosystems's Operating Income for the six months ended in Sep. 2025 was ₹73.2 Mil. Avana Electrosystems's Interest Expense for the six months ended in Sep. 2025 was ₹-3.5 Mil. Avana Electrosystems's interest coverage for the quarter that ended in Sep. 2025 was 20.71. The higher the ratio, the stronger the company's financial strength is.

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

NSE:AVANA' s Interest Coverage Range Over the Past 10 Years
Min: 4.63   Med: 7.59   Max: 20.71
Current: 20.71


NSE:AVANA's Interest Coverage is ranked better than
56.8% of 2322 companies
in the Industrial Products industry
Industry Median: 14.775 vs NSE:AVANA: 20.71

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


Avana Electrosystems  (NSE:AVANA) 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 .


Avana Electrosystems Interest Coverage Related Terms


Avana Electrosystems Interest Coverage Historical Data

* Premium members only.

The historical data trend for Avana Electrosystems'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.

Avana Electrosystems Interest Coverage Chart

Avana Electrosystems Annual Data
Trend Mar23 Mar24 Mar25
Interest Coverage
4.63 7.59 14.50

Avana Electrosystems Semi-Annual Data
Mar23 Mar24 Mar25 Sep25
Interest Coverage N/A N/A N/A 20.71

NSE:AVANA vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Avana Electrosystems'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.


Avana Electrosystems Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Avana Electrosystems's Interest Coverage distribution charts can be found below:

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


NSE:AVANA
17GF Score
Avana Electrosystems Ltd NSE:AVANA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Avana Electrosystems 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.

Avana Electrosystems's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Avana Electrosystems's Interest Expense was ₹-8.2 Mil. Its Operating Income was ₹118.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹12.6 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*118.798/-8.192
=14.50

Avana Electrosystems's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, Avana Electrosystems's Interest Expense was ₹-3.5 Mil. Its Operating Income was ₹73.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹7.4 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*73.215/-3.536
=20.71

* 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 20.71 mean?
Avana Electrosystems (NSE:AVANA) has a Interest Coverage of 20.71 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Avana Electrosystems and its competitors. This is 173% above median its historical median of 7.59. Over the past decade, Avana Electrosystems' Interest Coverage has ranged from 4.63 to 20.71. According to the industry distribution chart, Avana Electrosystems ranks #1003 out of 2322 companies in the Industrial Products industry, placing it in the top 43.2%.
Is Avana Electrosystems' Interest Coverage too high?
Avana Electrosystems' current Interest Coverage of 20.71 is 173% above median its 10-year median of 7.59. Over the past 10 years, this metric has ranged from a low of 4.63 to a high of 20.71. The Industrial Products industry median Interest Coverage is 14.78. Avana Electrosystems' value of 20.71 is 40.2% above this industry median. Based on the distribution chart, Avana Electrosystems ranks #1003 out of 2322 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Avana Electrosystems has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Avana Electrosystems' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Avana Electrosystems ranks #1003 out of 2322 companies for Interest Coverage. This puts Avana Electrosystems in the upper half of its industry. The industry median Interest Coverage is 14.78. Avana Electrosystems' value of 20.71 is 40.2% above this benchmark. Historically, Avana Electrosystems' own Interest Coverage has ranged from 4.63 to 20.71 over the past decade. While the company's 10-year median is 7.59 vs. the industry median of 14.78, Avana Electrosystems 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.78, based on 2,322 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. Avana Electrosystems's current Interest Coverage of 20.71 is 40.2% 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 Avana Electrosystems and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avana Electrosystems's current Interest Coverage is 20.71, which is 173% above median its own 10-year median of 7.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avana Electrosystems stock overvalued right now?
Avana Electrosystems (NSE:AVANA) has a current Interest Coverage of 20.71. The current Interest Coverage is 20.71, which is 173% above median its 10-year median of 7.59 and 40.2% above the Industrial Products industry median of 14.78. Avana Electrosystems' overall GF Score™ is 17/100 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 Avana Electrosystems (NSE:AVANA), the current Interest Coverage is 20.71 as of Sep. 2025. 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.

Avana Electrosystems Business Description

Address 1st Main Road, 2nd Phase, No: 8, KIADB, Plot No. 35, Peenya Industrial Area, Nelagadaranahalli Village, Peenya Small Industries, Bengaluru, KA, IND, 560 058
Avana Electrosystems Ltd is engaged in the manufacturing and dealing of electronic and switchgear products, including circuit breakers, relays, control and protection panels, electric distribution boards, electronic meters, transformers, assemblies, spares, accessories, tools, and test and measuring equipment. The Company is a manufacturer and solution provider of custom-engineered control and relay panels, substation automation, numerical and electro-mechanical relays, and power system panel accessories, specializing in the design, engineering, and supply of feeder, transformer, busbar, and capacitor bank protection panels up to 220kV, including indoor and outdoor, medium- and low-voltage panels.
17GF Score

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