Cords Cable IndustriesNSE:CORDSCABLE +1.12%81 Interest Coverage is 2.44 as of Mar. 2026, which is 47% above its 10-year median of 1.66. GuruFocus rates NSE:CORDSCABLE with a GF Score™ of 81/100 and a GF Value™ of ₹221.71 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,325 Industrial Products companies, Cords Cable Industries ranks worse than 90.54% 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. Cords Cable Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹140 Mil. Cords Cable Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-57 Mil.
Cords Cable Industries's interest coverage for the quarter that ended in Mar. 2026 was 2.44.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Cords Cable Industries's Interest Coverage or its related term are showing as below:
NSE:CORDSCABLE'
s Interest Coverage Range Over the Past 10 Years
Min: 1.53 Med: 1.66 Max: 1.88
Current: 1.88
NSE:CORDSCABLE's Interest Coverage is ranked worse than 90.54% of 2325
companies
in the Industrial Products industry
Industry Median: 14.87
vs NSE:CORDSCABLE: 1.88
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 .
Cords Cable Industries Interest Coverage Related Terms
Cords Cable Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Cords Cable 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.
NSE:CORDSCABLE vs VRT, BE: Interest Coverage Comparison
For the Electrical Equipment & Parts subindustry, Cords Cable 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.
Cords Cable Industries Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Cords Cable Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Cords Cable Industries'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.
Cords Cable Industries (NSE:CORDSCABLE) has a Interest Coverage of 2.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Cords Cable Industries and its competitors. This is 47% above median its historical median of 1.66. Over the past decade, Cords Cable Industries' Interest Coverage has ranged from 1.53 to 1.88. According to the industry distribution chart, Cords Cable Industries ranks #2105 out of 2325 companies in the Industrial Products industry, placing it in the top 90.5%.
Is Cords Cable Industries' Interest Coverage too high?
Cords Cable Industries' current Interest Coverage of 2.44 is 47% above median its 10-year median of 1.66. Over the past 10 years, this metric has ranged from a low of 1.53 to a high of 1.88. The Industrial Products industry median Interest Coverage is 14.87. Cords Cable Industries' value of 2.44 is 83.6% below this industry median. Based on the distribution chart, Cords Cable Industries ranks #2105 out of 2325 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Cords Cable Industries has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cords Cable Industries' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Cords Cable Industries ranks #2105 out of 2325 companies for Interest Coverage. This places Cords Cable Industries in the lower half of its industry. The industry median Interest Coverage is 14.87. Cords Cable Industries' value of 2.44 is 83.6% below this benchmark. Historically, Cords Cable Industries' own Interest Coverage has ranged from 1.53 to 1.88 over the past decade. While the company's 10-year median is 1.66 vs. the industry median of 14.87, Cords Cable Industries 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.87, based on 2,325 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. Cords Cable Industries's current Interest Coverage of 2.44 is 83.6% 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 Cords Cable Industries and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cords Cable Industries's current Interest Coverage is 2.44, which is 47% above median its own 10-year median of 1.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cords Cable Industries stock overvalued right now?
Based on GuruFocus' analysis, Cords Cable Industries (NSE:CORDSCABLE) is currently considered Fairly Valued. The stock's GF Value™ is ₹221.71, compared to a current price of ₹213.60 — trading 3.7% below its estimated fair value. The current Interest Coverage is 2.44, which is 47% above median its 10-year median of 1.66 and 83.6% below the Industrial Products industry median of 14.87. Cords Cable Industries' overall GF Score™ is 81/100 with 3 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 Cords Cable Industries (NSE:CORDSCABLE), the current Interest Coverage is 2.44 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 Cords Cable Industries (NSE:CORDSCABLE) Overvalued in 2026?
Based on GuruFocus' analysis, Cords Cable Industries stock appears to be undervalued.
The current stock price of ₹213.60 is trading 3.7% below its estimated GF Value™ of ₹221.71.
GuruFocus considers Cords Cable Industries to be Fairly Valued.
Key valuation signals for NSE:CORDSCABLE:
Interest Coverage: 2.44 (47% above median its 10-year median of 1.66)
GF Value™: ₹221.71 vs. price of ₹213.60 (3.7% below fair value)
Industry Position: 83.6% below the Industrial Products median (#2105 of 2325)
No single metric tells the full story. See the NSE:CORDSCABLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cords Cable Industries Ltd is engaged in offering electrical wires and cables. It is focused on specialized control and instrumentation cables. It designs, develops and manufactures a varied range of Instrumentation, Control, Thermocouple Extension/ Compensating, Power and Communication cables. The company's products include Fieldbus Cables, FireSave-Fire Survival Cables, EPR Cables, XtremeTemp - Low Temperature Cables, ToxFree-Low Smoke Zero Halogen Cables, Oil and Gas Cables, Water Desalination and Special Custom Designed Hybrid Cables and Cordsol- photovoltaic (PV) Solar Cables.
81GF Score
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