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. Coromandel International's
Operating Income
for the
three
months ended in Mar. 2026 was ₹3,231 Mil. Coromandel International's Interest Expense for the
three
months ended in Mar. 2026 was ₹-893 Mil.
Coromandel International's interest coverage for the quarter that ended in Mar. 2026 was 3.62.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Coromandel International's Interest Coverage or its related term are showing as below:
NSE:COROMANDEL'
s Interest Coverage Range Over the Past 10 Years
Min: 4.52 Med: 9.32 Max: 30.71
Current: 7.83
NSE:COROMANDEL's Interest Coverage is ranked better than 51.76% of 199
companies
in the Agriculture industry
Industry Median: 7.3
vs NSE:COROMANDEL: 7.83
Coromandel International (NSE:COROMANDEL) 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 .
Coromandel International Interest Coverage Related Terms
Coromandel International Interest Coverage Historical Data
* 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:COROMANDEL vs CTVA, CF, MOS: Interest Coverage Comparison
For the Agricultural Inputs subindustry, Coromandel International'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.
Coromandel International Interest Coverage vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Coromandel International's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Coromandel International's Interest Coverage falls into.
Coromandel International 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:
* 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.
Coromandel International (NSE:COROMANDEL) has a Interest Coverage of 3.62 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Coromandel International and its competitors. This is 61% below median its historical median of 9.32. Over the past decade, Coromandel International's Interest Coverage has ranged from 4.52 to 30.71. According to the industry distribution chart, Coromandel International ranks #96 out of 199 companies in the Agriculture industry, placing it in the top 48.2%.
Is Coromandel International's Interest Coverage too high?
Coromandel International's current Interest Coverage of 3.62 is 61% below median its 10-year median of 9.32. Over the past 10 years, this metric has ranged from a low of 4.52 to a high of 30.71. The Agriculture industry median Interest Coverage is 7.30. Coromandel International's value of 3.62 is 50.4% below this industry median. Based on the distribution chart, Coromandel International ranks #96 out of 199 companies in the Agriculture industry, which is above the industry midpoint. Overall, Coromandel International has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Coromandel International's Interest Coverage compare to CTVA and CF?
According to the Agriculture industry distribution chart, Coromandel International ranks #96 out of 199 companies for Interest Coverage. This puts Coromandel International in the upper half of its industry. The industry median Interest Coverage is 7.30. Coromandel International's value of 3.62 is 50.4% below this benchmark. Historically, Coromandel International's own Interest Coverage has ranged from 4.52 to 30.71 over the past decade. While the company's 10-year median is 9.32 vs. the industry median of 7.30, Coromandel International 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 Agriculture company?
The median Interest Coverage among Agriculture companies is 7.30, based on 199 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. Coromandel International's current Interest Coverage of 3.62 is 50.4% 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 Coromandel International and its competitors. For the Agriculture industry, the median Interest Coverage is 7.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coromandel International's current Interest Coverage is 3.62, which is 61% below median its own 10-year median of 9.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coromandel International stock overvalued right now?
Based on GuruFocus' analysis, Coromandel International (NSE:COROMANDEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,453.08, compared to a current price of ₹2,009.00 — trading 18.1% below its estimated fair value. The current Interest Coverage is 3.62, which is 61% below median its 10-year median of 9.32 and 50.4% below the Agriculture industry median of 7.30. Coromandel International's overall GF Score™ is 92/100 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 Coromandel International (NSE:COROMANDEL), the current Interest Coverage is 3.62 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 Coromandel International (NSE:COROMANDEL) Overvalued in 2026?
Based on GuruFocus' analysis, Coromandel International stock appears to be undervalued.
The current stock price of ₹2,009.00 is trading 18.1% below its estimated GF Value™ of ₹2,453.08.
GuruFocus considers Coromandel International to be Modestly Undervalued.
Key valuation signals for NSE:COROMANDEL:
Interest Coverage: 3.62 (61% below median its 10-year median of 9.32)
GF Value™: ₹2,453.08 vs. price of ₹2,009.00 (18.1% below fair value)
Industry Position: 50.4% below the Agriculture median (#96 of 199)
No single metric tells the full story. See the NSE:COROMANDEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Coromandel International Ltd manufactures and sells fertilizers and crop protection chemicals to the agriculture industry. The firm's revenue is generated in India, but the company also derives revenue in Latin America and Africa. The company's main product lines consist of organic manure, specialty nutrients that include water-soluble fertilizers, and single super phosphate fertilizers. Coromandel's primary brands include Gromor Suraksha and Godavari fertilizers. The firm also owns and operates retail outlets known as Mana Grormor Centers. It categorizes the operating segments into Nutrient and other allied business, which derives maximum revenue, and Crop Protection. Geographically, the company generates a majority of its revenue from its operations in India.
92GF Score
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