Chaman MetallicsNSE:CMNL +5.57%65 Interest Coverage is 0.99 as of Mar. 2026, which is 87% below its 10-year median of 7.70. GuruFocus rates NSE:CMNL with a GF Score™ of 65/100 and a GF Value™ of ₹343.91 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 456 Steel companies, Chaman Metallics ranks worse than 87.06% 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. Chaman Metallics's
Operating Income
for the
six
months ended in Mar. 2026 was ₹185 Mil. Chaman Metallics's Interest Expense for the
six
months ended in Mar. 2026 was ₹-187 Mil.
Chaman Metallics's interest coverage for the quarter that ended in Mar. 2026 was 0.99.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Chaman Metallics Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for Chaman Metallics's Interest Coverage or its related term are showing as below:
NSE:CMNL'
s Interest Coverage Range Over the Past 10 Years
Min: 0.87 Med: 7.7 Max: 13.86
Current: 0.99
NSE:CMNL's Interest Coverage is ranked worse than 87.06% of 456
companies
in the Steel industry
Industry Median: 4.445
vs NSE:CMNL: 0.99
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 .
Chaman Metallics Interest Coverage Related Terms
Chaman Metallics Interest Coverage Historical Data
* Premium members only.
The historical data trend for Chaman Metallics'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:CMNL vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Chaman Metallics'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.
Chaman Metallics Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Chaman Metallics's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Chaman Metallics'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.
Chaman Metallics (NSE:CMNL) has a Interest Coverage of 0.99 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Chaman Metallics and its competitors. This is 87% below median its historical median of 7.70. Over the past decade, Chaman Metallics' Interest Coverage has ranged from 0.87 to 13.86. According to the industry distribution chart, Chaman Metallics ranks #397 out of 456 companies in the Steel industry, placing it in the top 87.1%.
Is Chaman Metallics' Interest Coverage too high?
Chaman Metallics' current Interest Coverage of 0.99 is 87% below median its 10-year median of 7.70. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 13.86. The Steel industry median Interest Coverage is 4.45. Chaman Metallics' value of 0.99 is 77.7% below this industry median. Based on the distribution chart, Chaman Metallics ranks #397 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Chaman Metallics has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chaman Metallics' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Chaman Metallics ranks #397 out of 456 companies for Interest Coverage. This places Chaman Metallics in the lower half of its industry. The industry median Interest Coverage is 4.45. Chaman Metallics' value of 0.99 is 77.7% below this benchmark. Historically, Chaman Metallics' own Interest Coverage has ranged from 0.87 to 13.86 over the past decade. While the company's 10-year median is 7.70 vs. the industry median of 4.45, Chaman Metallics 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Chaman Metallics's current Interest Coverage of 0.99 is 77.7% 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 Chaman Metallics and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chaman Metallics's current Interest Coverage is 0.99, which is 87% below median its own 10-year median of 7.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaman Metallics stock overvalued right now?
Based on GuruFocus' analysis, Chaman Metallics (NSE:CMNL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹343.91, compared to a current price of ₹106.20 — trading 69.1% below its estimated fair value. The current Interest Coverage is 0.99, which is 87% below median its 10-year median of 7.70 and 77.7% below the Steel industry median of 4.45. Chaman Metallics' overall GF Score™ is 65/100 with 8 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 Chaman Metallics (NSE:CMNL), the current Interest Coverage is 0.99 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 Chaman Metallics (NSE:CMNL) Overvalued in 2026?
Based on GuruFocus' analysis, Chaman Metallics stock appears to be undervalued.
The current stock price of ₹106.20 is trading 69.1% below its estimated GF Value™ of ₹343.91.
GuruFocus considers Chaman Metallics to be Possible Value Trap.
Key valuation signals for NSE:CMNL:
Interest Coverage: 0.99 (87% below median its 10-year median of 7.70)
GF Value™: ₹343.91 vs. price of ₹106.20 (69.1% below fair value)
Industry Position: 77.7% below the Steel median (#397 of 456)
No single metric tells the full story. See the NSE:CMNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chaman Metallics Ltd is engaged in the business of selling Iron and Steel. The company is engaged in manufacturing and selling Direct Reduced Iron (i.e., sponge iron), which is used as a raw material for making steel in electric arc furnaces and induction furnaces.
65GF Score
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