Commercial Syn Bags (NSE:COMSYN) Interest Coverage: 3.76 (As of Mar. 2026) — 15% Below Median


NSE:COMSYN Commercial Syn Bags Ltd NSE:COMSYN
51 GF Score
Price ₹163.61
GF Value ₹99.99
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Commercial Syn Bags Interest Coverage?

Commercial Syn Bags NSE:COMSYN +0.91% 51 Interest Coverage is 3.76 as of Mar. 2026, which is 15% below its 10-year median of 4.41. GuruFocus rates NSE:COMSYN with a GF Score™ of 51/100 and a GF Value™ of ₹99.99 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 314 Packaging & Containers companies, Commercial Syn Bags ranks worse than 62.42% 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. Commercial Syn Bags's Operating Income for the three months ended in Mar. 2026 was ₹91 Mil. Commercial Syn Bags's Interest Expense for the three months ended in Mar. 2026 was ₹-24 Mil. Commercial Syn Bags's interest coverage for the quarter that ended in Mar. 2026 was 3.76. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Commercial Syn Bags's Interest Coverage or its related term are showing as below:

NSE:COMSYN' s Interest Coverage Range Over the Past 10 Years
Min: 1.82   Med: 4.41   Max: 5.85
Current: 4.07


NSE:COMSYN's Interest Coverage is ranked worse than
62.42% of 314 companies
in the Packaging & Containers industry
Industry Median: 6.125 vs NSE:COMSYN: 4.07

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


Commercial Syn Bags  (NSE:COMSYN) 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 .


Commercial Syn Bags Interest Coverage Related Terms


Commercial Syn Bags Interest Coverage Historical Data

* Premium members only.

The historical data trend for Commercial Syn Bags'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.

Commercial Syn Bags Interest Coverage Chart

Commercial Syn Bags 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 4.29 2.63 1.82 2.86 4.07

Commercial Syn Bags 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 4.93 3.41 4.93 4.34 3.76

NSE:COMSYN vs SW, PKG, IP: Interest Coverage Comparison

For the Packaging & Containers subindustry, Commercial Syn Bags'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.


Commercial Syn Bags Interest Coverage vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Commercial Syn Bags's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Commercial Syn Bags's Interest Coverage falls into.


NSE:COMSYN
51GF Score
Commercial Syn Bags Ltd NSE:COMSYN
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Commercial Syn Bags 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.

Commercial Syn Bags'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, Commercial Syn Bags's Interest Expense was ₹-91 Mil. Its Operating Income was ₹371 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹345 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*371.389/-91.219
=4.07

Commercial Syn Bags's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Commercial Syn Bags's Interest Expense was ₹-24 Mil. Its Operating Income was ₹91 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹345 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*91.47/-24.321
=3.76

* 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 3.76 mean?
Commercial Syn Bags (NSE:COMSYN) has a Interest Coverage of 3.76 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Commercial Syn Bags and its competitors. This is 15% below median its historical median of 4.41. Over the past decade, Commercial Syn Bags' Interest Coverage has ranged from 1.82 to 5.85. According to the industry distribution chart, Commercial Syn Bags ranks #196 out of 314 companies in the Packaging & Containers industry, placing it in the top 62.4%.
Is Commercial Syn Bags' Interest Coverage too high?
Commercial Syn Bags' current Interest Coverage of 3.76 is 15% below median its 10-year median of 4.41. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 5.85. The Packaging & Containers industry median Interest Coverage is 6.13. Commercial Syn Bags' value of 3.76 is 38.6% below this industry median. Based on the distribution chart, Commercial Syn Bags ranks #196 out of 314 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Commercial Syn Bags has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Commercial Syn Bags' Interest Coverage compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Commercial Syn Bags ranks #196 out of 314 companies for Interest Coverage. This places Commercial Syn Bags in the lower half of its industry. The industry median Interest Coverage is 6.13. Commercial Syn Bags' value of 3.76 is 38.6% below this benchmark. Historically, Commercial Syn Bags' own Interest Coverage has ranged from 1.82 to 5.85 over the past decade. While the company's 10-year median is 4.41 vs. the industry median of 6.13, Commercial Syn Bags 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 Packaging & Containers company?
The median Interest Coverage among Packaging & Containers companies is 6.13, based on 314 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. Commercial Syn Bags's current Interest Coverage of 3.76 is 38.6% 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 Commercial Syn Bags and its competitors. For the Packaging & Containers industry, the median Interest Coverage is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Commercial Syn Bags's current Interest Coverage is 3.76, which is 15% below median its own 10-year median of 4.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Commercial Syn Bags stock overvalued right now?
Based on GuruFocus' analysis, Commercial Syn Bags (NSE:COMSYN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹99.99, compared to a current price of ₹163.61 — trading 63.6% above its estimated fair value. The current Interest Coverage is 3.76, which is 15% below median its 10-year median of 4.41 and 38.6% below the Packaging & Containers industry median of 6.13. Commercial Syn Bags' overall GF Score™ is 51/100 with 2 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 Commercial Syn Bags (NSE:COMSYN), the current Interest Coverage is 3.76 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 Commercial Syn Bags (NSE:COMSYN) Overvalued in 2026?

Based on GuruFocus' analysis, Commercial Syn Bags stock appears to be overvalued. The current stock price of ₹163.61 is trading 63.6% above its estimated GF Value™ of ₹99.99. GuruFocus considers Commercial Syn Bags to be Significantly Overvalued.

Key valuation signals for NSE:COMSYN:

  • Interest Coverage: 3.76 (15% below median its 10-year median of 4.41)
  • GF Value™: ₹99.99 vs. price of ₹163.61 (63.6% above fair value)
  • GF Score™: 51/100 with 2 warning signs
  • Industry Position: 38.6% below the Packaging & Containers median (#196 of 314)

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


Commercial Syn Bags Business Description

Other Exchanges 539986:India
Address M.Y.H. Road, Commercial House, 3-4, Jaora Compound, Indore, MP, IND, 452001
Commercial Syn Bags Ltd is engaged in the business of manufacturing and selling Flexible Intermediate Bulk Container (FIBC), High-Density Polyethylene (HDPE), and Polypropylene (PP) Woven Sacks, PP fabric, BOPP Bags, Pond Liners, Mulch Films, Laminates, Vermi Beds, Flexible Pipes, Geotextiles, Ground Cover, and others. The company's operating segment includes Manufacturing and Trading. The company generates maximum revenue from the Manufacturing segment. Geographically, it derives a majority of its revenue from Outside India.
51GF Score

Get the complete analysis for NSE:COMSYN

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

₹163.61
Price
₹99.99
GF Value