Balkrishna Industries (NSE:BALKRISIND) Interest Coverage: 12.17 (As of Mar. 2026) — 77% Below Median


NSE:BALKRISIND Balkrishna Industries Ltd NSE:BALKRISIND
90 GF Score
Price ₹2,210.70
GF Value ₹2,926.45
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Balkrishna Industries Interest Coverage?

Balkrishna Industries NSE:BALKRISIND -0.44% 90 Interest Coverage is 12.17 as of Mar. 2026, which is 77% below its 10-year median of 52.62. GuruFocus rates NSE:BALKRISIND with a GF Score™ of 90/100 and a GF Value™ of ₹2,926.45 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,067 Vehicles & Parts companies, Balkrishna Industries ranks better than 58.67% 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. Balkrishna Industries's Operating Income for the three months ended in Mar. 2026 was ₹4,411 Mil. Balkrishna Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-362 Mil. Balkrishna Industries's interest coverage for the quarter that ended in Mar. 2026 was 12.17. The higher the ratio, the stronger the company's financial strength is.

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

NSE:BALKRISIND' s Interest Coverage Range Over the Past 10 Years
Min: 11.42   Med: 52.62   Max: 183.95
Current: 11.42


NSE:BALKRISIND's Interest Coverage is ranked better than
58.67% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 8.41 vs NSE:BALKRISIND: 11.42

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


Balkrishna Industries  (NSE:BALKRISIND) 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 .


Balkrishna Industries Interest Coverage Related Terms


Balkrishna Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Balkrishna Industries'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.

Balkrishna Industries Interest Coverage Chart

Balkrishna Industries 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 183.95 26.93 15.94 16.24 16.99

Balkrishna Industries 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 8.79 10.33 9.79 13.15 12.17

NSE:BALKRISIND vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Balkrishna Industries'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.


Balkrishna Industries Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balkrishna Industries's Interest Coverage distribution charts can be found below:

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


NSE:BALKRISIND
90GF Score
Balkrishna Industries Ltd NSE:BALKRISIND
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Balkrishna Industries 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.

Balkrishna Industries'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, Balkrishna Industries's Interest Expense was ₹-1,069 Mil. Its Operating Income was ₹18,157 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹8,921 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*18157.1/-1068.7
=16.99

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

Here, for the three months ended in Mar. 2026, Balkrishna Industries's Interest Expense was ₹-362 Mil. Its Operating Income was ₹4,411 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹8,921 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*4411/-362.4
=12.17

* 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 12.17 mean?
Balkrishna Industries (NSE:BALKRISIND) has a Interest Coverage of 12.17 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Balkrishna Industries and its competitors. This is 77% below median its historical median of 52.62. Over the past decade, Balkrishna Industries' Interest Coverage has ranged from 11.42 to 183.95. According to the industry distribution chart, Balkrishna Industries ranks #441 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 41.3%.
Is Balkrishna Industries' Interest Coverage too high?
Balkrishna Industries' current Interest Coverage of 12.17 is 77% below median its 10-year median of 52.62. Over the past 10 years, this metric has ranged from a low of 11.42 to a high of 183.95. The Vehicles & Parts industry median Interest Coverage is 8.41. Balkrishna Industries' value of 12.17 is 44.7% above this industry median. Based on the distribution chart, Balkrishna Industries ranks #441 out of 1067 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Balkrishna Industries has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balkrishna Industries' Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Balkrishna Industries ranks #441 out of 1067 companies for Interest Coverage. This puts Balkrishna Industries in the upper half of its industry. The industry median Interest Coverage is 8.41. Balkrishna Industries' value of 12.17 is 44.7% above this benchmark. Historically, Balkrishna Industries' own Interest Coverage has ranged from 11.42 to 183.95 over the past decade. While the company's 10-year median is 52.62 vs. the industry median of 8.41, Balkrishna Industries 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.41, based on 1,067 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. Balkrishna Industries's current Interest Coverage of 12.17 is 44.7% 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 Balkrishna Industries and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balkrishna Industries's current Interest Coverage is 12.17, which is 77% below median its own 10-year median of 52.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balkrishna Industries stock overvalued right now?
Based on GuruFocus' analysis, Balkrishna Industries (NSE:BALKRISIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,926.45, compared to a current price of ₹2,210.70 — trading 24.5% below its estimated fair value. The current Interest Coverage is 12.17, which is 77% below median its 10-year median of 52.62 and 44.7% above the Vehicles & Parts industry median of 8.41. Balkrishna Industries' overall GF Score™ is 90/100 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 Balkrishna Industries (NSE:BALKRISIND), the current Interest Coverage is 12.17 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 Balkrishna Industries (NSE:BALKRISIND) Overvalued in 2026?

Based on GuruFocus' analysis, Balkrishna Industries stock appears to be undervalued. The current stock price of ₹2,210.70 is trading 24.5% below its estimated GF Value™ of ₹2,926.45. GuruFocus considers Balkrishna Industries to be Modestly Undervalued.

Key valuation signals for NSE:BALKRISIND:

  • Interest Coverage: 12.17 (77% below median its 10-year median of 52.62)
  • GF Value™: ₹2,926.45 vs. price of ₹2,210.70 (24.5% below fair value)
  • GF Score™: 90/100 with 4 warning signs
  • Industry Position: 44.7% above the Vehicles & Parts median (#441 of 1067)

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


Balkrishna Industries Business Description

Other Exchanges 502355:India
Address Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Balkrishna Industries Ltd is engaged mainly in the business of manufacturing and selling of Off-Highway Tires (OHT) in the specialist segments such as Agricultural, Industrial & Construction, Earthmovers & Port, Mining, Forestry, Lawn & Garden, and All Terrain Vehicles (ATV). The majority of the group's revenue is derived from international markets like Europe, North America, and other regions, and the rest from its business in India.
90GF Score

Get the complete analysis for NSE:BALKRISIND

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

₹2,210.70
Price
₹2,926.45
GF Value