AXISCADES Technologies (NSE:AXISCADES) Interest Coverage: 1.97 (As of Mar. 2026) — 40% Below Median


NSE:AXISCADES AXISCADES Technologies Ltd NSE:AXISCADES
60 GF Score
Price ₹1,691.00
GF Value ₹827.56
Valuation Significantly Overvalued
! 1 Warning Sign
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What is AXISCADES Technologies Interest Coverage?

AXISCADES Technologies NSE:AXISCADES -3.81% 60 Interest Coverage is 1.97 as of Mar. 2026, which is 40% below its 10-year median of 3.31. GuruFocus rates NSE:AXISCADES with a GF Score™ of 60/100 and a GF Value™ of ₹827.56 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,354 Construction companies, AXISCADES Technologies ranks worse than 64.77% 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. AXISCADES Technologies's Operating Income for the three months ended in Mar. 2026 was ₹198 Mil. AXISCADES Technologies's Interest Expense for the three months ended in Mar. 2026 was ₹-101 Mil. AXISCADES Technologies's interest coverage for the quarter that ended in Mar. 2026 was 1.97. The higher the ratio, the stronger the company's financial strength is.

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

NSE:AXISCADES' s Interest Coverage Range Over the Past 10 Years
Min: 0.24   Med: 3.31   Max: 5.52
Current: 4.3


NSE:AXISCADES's Interest Coverage is ranked worse than
64.77% of 1354 companies
in the Construction industry
Industry Median: 7.865 vs NSE:AXISCADES: 4.30

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


AXISCADES Technologies  (NSE:AXISCADES) 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 .


AXISCADES Technologies Interest Coverage Related Terms


AXISCADES Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for AXISCADES Technologies'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.

AXISCADES Technologies Interest Coverage Chart

AXISCADES Technologies 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 5.52 4.01 1.93 3.18 4.05

AXISCADES Technologies 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 3.33 3.38 5.63 7.36 1.97

NSE:AXISCADES vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, AXISCADES Technologies'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.


AXISCADES Technologies Interest Coverage vs Construction Industry

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

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


NSE:AXISCADES
60GF Score
AXISCADES Technologies Ltd NSE:AXISCADES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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AXISCADES Technologies 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.

AXISCADES Technologies'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, AXISCADES Technologies's Interest Expense was ₹-310 Mil. Its Operating Income was ₹1,253 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,683 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1253.076/-309.739
=4.05

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

Here, for the three months ended in Mar. 2026, AXISCADES Technologies's Interest Expense was ₹-101 Mil. Its Operating Income was ₹198 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,683 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*197.943/-100.675
=1.97

* 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 1.97 mean?
AXISCADES Technologies (NSE:AXISCADES) has a Interest Coverage of 1.97 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on AXISCADES Technologies and its competitors. This is 40% below median its historical median of 3.31. Over the past decade, AXISCADES Technologies' Interest Coverage has ranged from 0.24 to 5.52. According to the industry distribution chart, AXISCADES Technologies ranks #877 out of 1354 companies in the Construction industry, placing it in the top 64.8%.
Is AXISCADES Technologies' Interest Coverage too high?
AXISCADES Technologies' current Interest Coverage of 1.97 is 40% below median its 10-year median of 3.31. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 5.52. The Construction industry median Interest Coverage is 7.87. AXISCADES Technologies' value of 1.97 is 75% below this industry median. Based on the distribution chart, AXISCADES Technologies ranks #877 out of 1354 companies in the Construction industry, which is below the industry midpoint. Overall, AXISCADES Technologies has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AXISCADES Technologies' Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, AXISCADES Technologies ranks #877 out of 1354 companies for Interest Coverage. This places AXISCADES Technologies in the lower half of its industry. The industry median Interest Coverage is 7.87. AXISCADES Technologies' value of 1.97 is 75% below this benchmark. Historically, AXISCADES Technologies' own Interest Coverage has ranged from 0.24 to 5.52 over the past decade. While the company's 10-year median is 3.31 vs. the industry median of 7.87, AXISCADES Technologies 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 7.87, based on 1,354 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. AXISCADES Technologies's current Interest Coverage of 1.97 is 75% 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 AXISCADES Technologies and its competitors. For the Construction industry, the median Interest Coverage is 7.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AXISCADES Technologies's current Interest Coverage is 1.97, which is 40% below median its own 10-year median of 3.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXISCADES Technologies stock overvalued right now?
Based on GuruFocus' analysis, AXISCADES Technologies (NSE:AXISCADES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹827.56, compared to a current price of ₹1,691.00 — trading 104.3% above its estimated fair value. The current Interest Coverage is 1.97, which is 40% below median its 10-year median of 3.31 and 75% below the Construction industry median of 7.87. AXISCADES Technologies' overall GF Score™ is 60/100 with 1 warning sign 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 AXISCADES Technologies (NSE:AXISCADES), the current Interest Coverage is 1.97 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 AXISCADES Technologies (NSE:AXISCADES) Overvalued in 2026?

Based on GuruFocus' analysis, AXISCADES Technologies stock appears to be overvalued. The current stock price of ₹1,691.00 is trading 104.3% above its estimated GF Value™ of ₹827.56. GuruFocus considers AXISCADES Technologies to be Significantly Overvalued.

Key valuation signals for NSE:AXISCADES:

  • Interest Coverage: 1.97 (40% below median its 10-year median of 3.31)
  • GF Value™: ₹827.56 vs. price of ₹1,691.00 (104.3% above fair value)
  • GF Score™: 60/100 with 1 warning sign
  • Industry Position: 75% below the Construction median (#877 of 1354)

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


AXISCADES Technologies Business Description

Other Exchanges 532395:India
Address Kirloskar Business Park, Block C, Second Floor, Hebbal, Bengaluru, KA, IND, 560 024
AXISCADES Technologies Ltd is engaged in the business of Engineering Design Services. The company's operating segment includes Technology Services and Solutions and Strategic technology solutions. It generates maximum revenue from the Technology Services and Solutions segment. The Technology Services and Solutions is involved in providing Product Design, Engineering, research and development services. Geographically, it derives a majority of its revenue from Outside India. It serves aerospace; automotive; off-highway and industrial; defence; energy and medical devices industries.
60GF Score

Get the complete analysis for NSE:AXISCADES

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

₹1,691.00
Price
₹827.56
GF Value