Balaji Phosphates (NSE:BALAJIPHOS) Interest Coverage: 4.97 (As of Mar. 2026) — 31% Above Median


NSE:BALAJIPHOS Balaji Phosphates Ltd NSE:BALAJIPHOS
26 GF Score
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! 4 Warning Signs
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What is Balaji Phosphates Interest Coverage?

Balaji Phosphates NSE:BALAJIPHOS +0.11% 26 Interest Coverage is 4.97 as of Mar. 2026, which is 31% above its 10-year median of 3.80. GuruFocus rates NSE:BALAJIPHOS with a GF Score™ of 26/100. The stock has 4 warning signs investors should review. Among 199 Agriculture companies, Balaji Phosphates ranks worse than 59.8% 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. Balaji Phosphates's Operating Income for the six months ended in Mar. 2026 was ₹178 Mil. Balaji Phosphates's Interest Expense for the six months ended in Mar. 2026 was ₹-36 Mil. Balaji Phosphates's interest coverage for the quarter that ended in Mar. 2026 was 4.97. The higher the ratio, the stronger the company's financial strength is.

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

NSE:BALAJIPHOS' s Interest Coverage Range Over the Past 10 Years
Min: 3.16   Med: 3.8   Max: 4.97
Current: 4.97

NSE:BALAJIPHOS's Interest Coverage is ranked worse than
59.8% of 199 companies
in the Agriculture industry
Industry Median: 7.3 vs NSE:BALAJIPHOS: 4.97

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

Balaji Phosphates  (NSE:BALAJIPHOS) 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 .

Balaji Phosphates Interest Coverage Related Terms

Balaji Phosphates Interest Coverage Historical Data

* Premium members only.

The historical data trend for Balaji Phosphates'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.

Balaji Phosphates Interest Coverage Chart

Balaji Phosphates Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
3.16 4.56 3.80 3.21 4.97

Balaji Phosphates Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage 3.16 4.56 3.80 3.21 4.97

NSE:BALAJIPHOS vs CTVA, CF, MOS: Interest Coverage Comparison

For the Agricultural Inputs subindustry, Balaji Phosphates'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.

Balaji Phosphates Interest Coverage vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Balaji Phosphates's Interest Coverage distribution charts can be found below:

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


NSE:BALAJIPHOS
26GF Score
Balaji Phosphates Ltd NSE:BALAJIPHOS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Balaji Phosphates 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.

Balaji Phosphates'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, Balaji Phosphates's Interest Expense was ₹-36 Mil. Its Operating Income was ₹178 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹94 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*178.463/-35.899
=4.97

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

Here, for the six months ended in Mar. 2026, Balaji Phosphates's Interest Expense was ₹-36 Mil. Its Operating Income was ₹178 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹94 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*178.463/-35.899
=4.97

* 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 4.97 mean?
Balaji Phosphates (NSE:BALAJIPHOS) has a Interest Coverage of 4.97 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Balaji Phosphates and its competitors. This is 31% above median its historical median of 3.80. Over the past decade, Balaji Phosphates' Interest Coverage has ranged from 3.16 to 4.97. According to the industry distribution chart, Balaji Phosphates ranks #119 out of 199 companies in the Agriculture industry, placing it in the top 59.8%.
Is Balaji Phosphates' Interest Coverage too high?
Balaji Phosphates' current Interest Coverage of 4.97 is 31% above median its 10-year median of 3.80. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 4.97. The Agriculture industry median Interest Coverage is 7.30. Balaji Phosphates' value of 4.97 is 31.9% below this industry median. Based on the distribution chart, Balaji Phosphates ranks #119 out of 199 companies in the Agriculture industry, which is below the industry midpoint. Overall, Balaji Phosphates has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Balaji Phosphates' Interest Coverage compare to CTVA and CF?
According to the Agriculture industry distribution chart, Balaji Phosphates ranks #119 out of 199 companies for Interest Coverage. This places Balaji Phosphates in the lower half of its industry. The industry median Interest Coverage is 7.30. Balaji Phosphates' value of 4.97 is 31.9% below this benchmark. Historically, Balaji Phosphates' own Interest Coverage has ranged from 3.16 to 4.97 over the past decade. While the company's 10-year median is 3.80 vs. the industry median of 7.30, Balaji Phosphates 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 an Agriculture company?
The median Interest Coverage among Agriculture companies is 7.30, based on 199 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. Balaji Phosphates's current Interest Coverage of 4.97 is 31.9% 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 Balaji Phosphates and its competitors. For the Agriculture industry, the median Interest Coverage is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balaji Phosphates's current Interest Coverage is 4.97, which is 31% above median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balaji Phosphates stock overvalued right now?
Balaji Phosphates (NSE:BALAJIPHOS) has a current Interest Coverage of 4.97. The current Interest Coverage is 4.97, which is 31% above median its 10-year median of 3.80 and 31.9% below the Agriculture industry median of 7.30. Balaji Phosphates' overall GF Score™ is 26/100 with 4 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 Balaji Phosphates (NSE:BALAJIPHOS), the current Interest Coverage is 4.97 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.

Balaji Phosphates Business Description

Address 305, Utsav Avenue, 12/5, Usha Ganj Jaora Compound, Indore General Post Office, Indore, MP, IND, 452001
Balaji Phosphates Ltd manufactures and supplies Single Super Phosphate (SSP) in powder and granulated forms, NPK granulated and mixed fertilizers, and zinc sulphate. It sells products under the brand names RATNAM and BPPL to customers, including retailers, wholesalers, and state-owned cooperatives, with farmers being the end users. The company operates in two segments: Fertilizers and Weighbridge. The Fertilizers segment includes the manufacturing of single super phosphate fertilizers. The Weighbridge segment includes the manufacture of weighbridges and annual service maintenance. The key revenue is generated from the Fertilizers segment.
26GF Score

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

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