Borosil Renewables (NSE:BORORENEW) Interest Coverage: 34.25 (As of Mar. 2026) — 98% Above Median


NSE:BORORENEW Borosil Renewables Ltd NSE:BORORENEW
85 GF Score
Price ₹594.60
GF Value ₹592.34
Valuation Fairly Valued
! 4 Warning Signs
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What is Borosil Renewables Interest Coverage?

Borosil Renewables NSE:BORORENEW -2.34% 85 Interest Coverage is 34.25 as of Mar. 2026, which is 98% above its 10-year median of 17.33. GuruFocus rates NSE:BORORENEW with a GF Score™ of 85/100 and a GF Value™ of ₹592.34 (Fairly Valued). The stock has 4 warning signs investors should review. Among 635 Semiconductors companies, Borosil Renewables ranks better than 52.28% 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. Borosil Renewables's Operating Income for the three months ended in Mar. 2026 was ₹1,149 Mil. Borosil Renewables's Interest Expense for the three months ended in Mar. 2026 was ₹-34 Mil. Borosil Renewables's interest coverage for the quarter that ended in Mar. 2026 was 34.25. The higher the ratio, the stronger the company's financial strength is.

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

NSE:BORORENEW' s Interest Coverage Range Over the Past 10 Years
Min: 1.23   Med: 17.33   Max: 71.01
Current: 24.43


NSE:BORORENEW's Interest Coverage is ranked better than
52.28% of 635 companies
in the Semiconductors industry
Industry Median: 20.32 vs NSE:BORORENEW: 24.43

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


Borosil Renewables  (NSE:BORORENEW) 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 .


Borosil Renewables Interest Coverage Related Terms


Borosil Renewables Interest Coverage Historical Data

* Premium members only.

The historical data trend for Borosil Renewables'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.

Borosil Renewables Interest Coverage Chart

Borosil Renewables 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 71.01 13.04 0.00 0.00 24.37

Borosil Renewables 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 7.97 26.93 33.47 34.25

NSE:BORORENEW vs FSLR, NXT, ENPH: Interest Coverage Comparison

For the Solar subindustry, Borosil Renewables'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.


Borosil Renewables Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Borosil Renewables's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Borosil Renewables's Interest Coverage falls into.


NSE:BORORENEW
85GF Score
Borosil Renewables Ltd NSE:BORORENEW
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Borosil Renewables 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.

Borosil Renewables'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, Borosil Renewables's Interest Expense was ₹-142 Mil. Its Operating Income was ₹3,456 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹932 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3456.411/-141.821
=24.37

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

Here, for the three months ended in Mar. 2026, Borosil Renewables's Interest Expense was ₹-34 Mil. Its Operating Income was ₹1,149 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹932 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1149.238/-33.559
=34.25

* 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 34.25 mean?
Borosil Renewables (NSE:BORORENEW) has a Interest Coverage of 34.25 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Borosil Renewables and its competitors. This is 98% above median its historical median of 17.33. Over the past decade, Borosil Renewables' Interest Coverage has ranged from 1.23 to 71.01. According to the industry distribution chart, Borosil Renewables ranks #303 out of 635 companies in the Semiconductors industry, placing it in the top 47.7%.
Is Borosil Renewables' Interest Coverage too high?
Borosil Renewables' current Interest Coverage of 34.25 is 98% above median its 10-year median of 17.33. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 71.01. The Semiconductors industry median Interest Coverage is 20.32. Borosil Renewables' value of 34.25 is 68.6% above this industry median. Based on the distribution chart, Borosil Renewables ranks #303 out of 635 companies in the Semiconductors industry, which is above the industry midpoint. Overall, Borosil Renewables has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Borosil Renewables' Interest Coverage compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Borosil Renewables ranks #303 out of 635 companies for Interest Coverage. This puts Borosil Renewables in the upper half of its industry. The industry median Interest Coverage is 20.32. Borosil Renewables' value of 34.25 is 68.6% above this benchmark. Historically, Borosil Renewables' own Interest Coverage has ranged from 1.23 to 71.01 over the past decade. While the company's 10-year median is 17.33 vs. the industry median of 20.32, Borosil Renewables 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.32, based on 635 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. Borosil Renewables's current Interest Coverage of 34.25 is 68.6% 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 Borosil Renewables and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borosil Renewables's current Interest Coverage is 34.25, which is 98% above median its own 10-year median of 17.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borosil Renewables stock overvalued right now?
Based on GuruFocus' analysis, Borosil Renewables (NSE:BORORENEW) is currently considered Fairly Valued. The stock's GF Value™ is ₹592.34, compared to a current price of ₹594.60 — trading 0.4% above its estimated fair value. The current Interest Coverage is 34.25, which is 98% above median its 10-year median of 17.33 and 68.6% above the Semiconductors industry median of 20.32. Borosil Renewables' overall GF Score™ is 85/100 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 Borosil Renewables (NSE:BORORENEW), the current Interest Coverage is 34.25 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 Borosil Renewables (NSE:BORORENEW) Overvalued in 2026?

Based on GuruFocus' analysis, Borosil Renewables stock appears to be overvalued. The current stock price of ₹594.60 is trading 0.4% above its estimated GF Value™ of ₹592.34. GuruFocus considers Borosil Renewables to be Fairly Valued.

Key valuation signals for NSE:BORORENEW:

  • Interest Coverage: 34.25 (98% above median its 10-year median of 17.33)
  • GF Value™: ₹592.34 vs. price of ₹594.60 (0.4% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 68.6% above the Semiconductors median (#303 of 635)

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


Borosil Renewables Business Description

Other Exchanges 502219:India
Address No. 1101, Crescenzo, G-Block, Bandra Kurla Complex, Opposite MCA Club, Bandra (East), Mumbai, MH, IND, 400051
Borosil Renewables Ltd is an Indian holding company that manufactures and sells Solar Glass. The company manufactures Low-Iron textured Solar Glass for Photovoltaic panels, Flat plate collectors, and Greenhouses. The company's operating segment is the Manufacture of Flat glass. The company serves both domestic and international markets. The majority of the company's revenue is generated within India.
85GF Score

Get the complete analysis for NSE:BORORENEW

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

₹594.60
Price
₹592.34
GF Value