Dalmia Bharat (NSE:DALBHARAT) Interest Coverage: 4.07 (As of Mar. 2026) — 43% Above Median


NSE:DALBHARAT Dalmia Bharat Ltd NSE:DALBHARAT
74 GF Score
Price ₹1,718.40
GF Value ₹2,162.56
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Dalmia Bharat Interest Coverage?

Dalmia Bharat NSE:DALBHARAT -3.94% 74 Interest Coverage is 4.07 as of Mar. 2026, which is 43% above its 10-year median of 2.84. GuruFocus rates NSE:DALBHARAT with a GF Score™ of 74/100 and a GF Value™ of ₹2,162.56 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 306 Building Materials companies, Dalmia Bharat ranks worse than 65.69% 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. Dalmia Bharat's Operating Income for the three months ended in Mar. 2026 was ₹5,370 Mil. Dalmia Bharat's Interest Expense for the three months ended in Mar. 2026 was ₹-1,320 Mil. Dalmia Bharat's interest coverage for the quarter that ended in Mar. 2026 was 4.07. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Dalmia Bharat's Interest Coverage or its related term are showing as below:

NSE:DALBHARAT' s Interest Coverage Range Over the Past 10 Years
Min: 1.29   Med: 2.84   Max: 6.59
Current: 3.61


NSE:DALBHARAT's Interest Coverage is ranked worse than
65.69% of 306 companies
in the Building Materials industry
Industry Median: 6.62 vs NSE:DALBHARAT: 3.61

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


Dalmia Bharat  (NSE:DALBHARAT) 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 .


Dalmia Bharat Interest Coverage Related Terms


Dalmia Bharat Interest Coverage Historical Data

* Premium members only.

The historical data trend for Dalmia Bharat'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.

Dalmia Bharat Interest Coverage Chart

Dalmia Bharat 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 6.59 4.50 2.97 2.70 3.61

Dalmia Bharat 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 4.56 5.19 3.07 2.22 4.07

NSE:DALBHARAT vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Dalmia Bharat'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.


Dalmia Bharat Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Dalmia Bharat's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dalmia Bharat's Interest Coverage falls into.


NSE:DALBHARAT
74GF Score
Dalmia Bharat Ltd NSE:DALBHARAT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Dalmia Bharat 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.

Dalmia Bharat'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, Dalmia Bharat's Interest Expense was ₹-4,800 Mil. Its Operating Income was ₹17,340 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹67,590 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*17340/-4800
=3.61

Dalmia Bharat's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Dalmia Bharat's Interest Expense was ₹-1,320 Mil. Its Operating Income was ₹5,370 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹67,590 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5370/-1320
=4.07

* 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 4.07 mean?
Dalmia Bharat (NSE:DALBHARAT) has a Interest Coverage of 4.07 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dalmia Bharat and its competitors. This is 43% above median its historical median of 2.84. Over the past decade, Dalmia Bharat's Interest Coverage has ranged from 1.29 to 6.59. According to the industry distribution chart, Dalmia Bharat ranks #201 out of 306 companies in the Building Materials industry, placing it in the top 65.7%.
Is Dalmia Bharat's Interest Coverage too high?
Dalmia Bharat's current Interest Coverage of 4.07 is 43% above median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 6.59. The Building Materials industry median Interest Coverage is 6.62. Dalmia Bharat's value of 4.07 is 38.5% below this industry median. Based on the distribution chart, Dalmia Bharat ranks #201 out of 306 companies in the Building Materials industry, which is below the industry midpoint. Overall, Dalmia Bharat has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dalmia Bharat's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Dalmia Bharat ranks #201 out of 306 companies for Interest Coverage. This places Dalmia Bharat in the lower half of its industry. The industry median Interest Coverage is 6.62. Dalmia Bharat's value of 4.07 is 38.5% below this benchmark. Historically, Dalmia Bharat's own Interest Coverage has ranged from 1.29 to 6.59 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 6.62, Dalmia Bharat 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.62, based on 306 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. Dalmia Bharat's current Interest Coverage of 4.07 is 38.5% 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 Dalmia Bharat and its competitors. For the Building Materials industry, the median Interest Coverage is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalmia Bharat's current Interest Coverage is 4.07, which is 43% above median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalmia Bharat stock overvalued right now?
Based on GuruFocus' analysis, Dalmia Bharat (NSE:DALBHARAT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,162.56, compared to a current price of ₹1,718.40 — trading 20.5% below its estimated fair value. The current Interest Coverage is 4.07, which is 43% above median its 10-year median of 2.84 and 38.5% below the Building Materials industry median of 6.62. Dalmia Bharat's overall GF Score™ is 74/100 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 Dalmia Bharat (NSE:DALBHARAT), the current Interest Coverage is 4.07 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 Dalmia Bharat (NSE:DALBHARAT) Overvalued in 2026?

Based on GuruFocus' analysis, Dalmia Bharat stock appears to be undervalued. The current stock price of ₹1,718.40 is trading 20.5% below its estimated GF Value™ of ₹2,162.56. GuruFocus considers Dalmia Bharat to be Modestly Undervalued.

Key valuation signals for NSE:DALBHARAT:

  • Interest Coverage: 4.07 (43% above median its 10-year median of 2.84)
  • GF Value™: ₹2,162.56 vs. price of ₹1,718.40 (20.5% below fair value)
  • GF Score™: 74/100 with 3 warning signs
  • Industry Position: 38.5% below the Building Materials median (#201 of 306)

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


Dalmia Bharat Business Description

Other Exchanges 542216:India
Address 15, Barakhamba Road, Hansalaya Building, 11th and 12th Floors, New Delhi, IND, 110001
Dalmia Bharat Ltd is an India-based company involved in Cement manufacturing producing various grades of cement and its related products.
74GF Score

Get the complete analysis for NSE:DALBHARAT

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

₹1,718.40
Price
₹2,162.56
GF Value