Bharat PetroleumNSE:BPCL +0.50%83 Interest Coverage is 11.41 as of Mar. 2026, which is 36% above its 10-year median of 8.39. GuruFocus rates NSE:BPCL with a GF Score™ of 83/100 and a GF Value™ of ₹328.75 (Fairly Valued). The stock has 4 warning signs investors should review. Among 730 Oil & Gas companies, Bharat Petroleum ranks better than 65.89% 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. Bharat Petroleum's
Operating Income
for the
three
months ended in Mar. 2026 was ₹80,458 Mil. Bharat Petroleum's Interest Expense for the
three
months ended in Mar. 2026 was ₹-7,051 Mil.
Bharat Petroleum's interest coverage for the quarter that ended in Mar. 2026 was 11.41.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Bharat Petroleum's Interest Coverage or its related term are showing as below:
NSE:BPCL'
s Interest Coverage Range Over the Past 10 Years
Min: 1.89 Med: 8.39 Max: 17.65
Current: 11.29
NSE:BPCL's Interest Coverage is ranked better than 65.89% of 730
companies
in the Oil & Gas industry
Industry Median: 5.89
vs NSE:BPCL: 11.29
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 .
Bharat Petroleum Interest Coverage Related Terms
Bharat Petroleum Interest Coverage Historical Data
* Premium members only.
The historical data trend for Bharat Petroleum'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.
NSE:BPCL vs VLO, MPC, PSX: Interest Coverage Comparison
For the Oil & Gas Refining & Marketing subindustry, Bharat Petroleum'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.
Bharat Petroleum Interest Coverage vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bharat Petroleum's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Bharat Petroleum's Interest Coverage falls into.
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:
* 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.
Bharat Petroleum (NSE:BPCL) has a Interest Coverage of 11.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bharat Petroleum and its competitors. This is 36% above median its historical median of 8.39. Over the past decade, Bharat Petroleum's Interest Coverage has ranged from 1.89 to 17.65. According to the industry distribution chart, Bharat Petroleum ranks #249 out of 730 companies in the Oil & Gas industry, placing it in the top 34.1%.
Is Bharat Petroleum's Interest Coverage too high?
Bharat Petroleum's current Interest Coverage of 11.41 is 36% above median its 10-year median of 8.39. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 17.65. The Oil & Gas industry median Interest Coverage is 5.89. Bharat Petroleum's value of 11.41 is 93.7% above this industry median. Based on the distribution chart, Bharat Petroleum ranks #249 out of 730 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Bharat Petroleum has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Petroleum's Interest Coverage compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Bharat Petroleum ranks #249 out of 730 companies for Interest Coverage. This puts Bharat Petroleum in the upper half of its industry. The industry median Interest Coverage is 5.89. Bharat Petroleum's value of 11.41 is 93.7% above this benchmark. Historically, Bharat Petroleum's own Interest Coverage has ranged from 1.89 to 17.65 over the past decade. While the company's 10-year median is 8.39 vs. the industry median of 5.89, Bharat Petroleum 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 730 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. Bharat Petroleum's current Interest Coverage of 11.41 is 93.7% 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 Bharat Petroleum and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Petroleum's current Interest Coverage is 11.41, which is 36% above median its own 10-year median of 8.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Bharat Petroleum (NSE:BPCL) is currently considered Fairly Valued. The stock's GF Value™ is ₹328.75, compared to a current price of ₹309.75 — trading 5.8% below its estimated fair value. The current Interest Coverage is 11.41, which is 36% above median its 10-year median of 8.39 and 93.7% above the Oil & Gas industry median of 5.89. Bharat Petroleum's overall GF Score™ is 83/100 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 Bharat Petroleum (NSE:BPCL), the current Interest Coverage is 11.41 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 Bharat Petroleum (NSE:BPCL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Petroleum stock appears to be undervalued.
The current stock price of ₹309.75 is trading 5.8% below its estimated GF Value™ of ₹328.75.
GuruFocus considers Bharat Petroleum to be Fairly Valued.
Key valuation signals for NSE:BPCL:
Interest Coverage: 11.41 (36% above median its 10-year median of 8.39)
GF Value™: ₹328.75 vs. price of ₹309.75 (5.8% below fair value)
Industry Position: 93.7% above the Oil & Gas median (#249 of 730)
No single metric tells the full story. See the NSE:BPCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Petroleum Corp Ltd operates several refineries in India, while also marketing and distributing petroleum by-products. Operations are divided into the following reportable segments: Downstream Petroleum, and Exploration and Production of Hydrocarbons. Downstream Petroleum operations which generate the majority of its revenue, include the refineries that produce liquefied petroleum gas, aromatics, kerosene, fuel oil, furnace oil, and bitumen. Bharat's petroleum by-products are often commanded by consumers in aviation, autos, maritime, and many other industrial segments. The Downstream Petroleum operations also include the network of retail service stations across India. Geographically, the company derives a majority of its revenue from India and the rest from other countries.
83GF Score
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