Ddev Plastiks lndustriesNSE:DDEVPLSTIK -3.27%35 Interest Coverage is 8.54 as of Mar. 2026, which is 37% below its 10-year median of 13.59. GuruFocus rates NSE:DDEVPLSTIK with a GF Score™ of 35/100 and a GF Value™ of ₹193.21 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,237 Chemicals companies, Ddev Plastiks lndustries ranks worse than 51.74% 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. Ddev Plastiks lndustries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹696 Mil. Ddev Plastiks lndustries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-82 Mil.
Ddev Plastiks lndustries's interest coverage for the quarter that ended in Mar. 2026 was 8.54.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ddev Plastiks lndustries's Interest Coverage or its related term are showing as below:
NSE:DDEVPLSTIK'
s Interest Coverage Range Over the Past 10 Years
Min: 3.56 Med: 13.59 Max: No Debt
Current: 9.32
NSE:DDEVPLSTIK's Interest Coverage is ranked worse than 51.74% of 1237
companies
in the Chemicals industry
Industry Median: 10.21
vs NSE:DDEVPLSTIK: 9.32
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 .
Ddev Plastiks lndustries Interest Coverage Related Terms
Ddev Plastiks lndustries 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:DDEVPLSTIK vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Ddev Plastiks lndustries'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.
Ddev Plastiks lndustries Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ddev Plastiks lndustries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ddev Plastiks lndustries'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.
Ddev Plastiks lndustries (NSE:DDEVPLSTIK) has a Interest Coverage of 8.54 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ddev Plastiks lndustries and its competitors. This is 37% below median its historical median of 13.59. Over the past decade, Ddev Plastiks lndustries' Interest Coverage has ranged from 3.56 to 10,000.00. According to the industry distribution chart, Ddev Plastiks lndustries ranks #640 out of 1237 companies in the Chemicals industry, placing it in the top 51.7%.
Is Ddev Plastiks lndustries' Interest Coverage too high?
Ddev Plastiks lndustries' current Interest Coverage of 8.54 is 37% below median its 10-year median of 13.59. Over the past 10 years, this metric has ranged from a low of 3.56 to a high of 10,000.00. The Chemicals industry median Interest Coverage is 10.21. Ddev Plastiks lndustries' value of 8.54 is 16.4% below this industry median. Based on the distribution chart, Ddev Plastiks lndustries ranks #640 out of 1237 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ddev Plastiks lndustries has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ddev Plastiks lndustries' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ddev Plastiks lndustries ranks #640 out of 1237 companies for Interest Coverage. This places Ddev Plastiks lndustries in the lower half of its industry. The industry median Interest Coverage is 10.21. Ddev Plastiks lndustries' value of 8.54 is 16.4% below this benchmark. Historically, Ddev Plastiks lndustries' own Interest Coverage has ranged from 3.56 to 10,000.00 over the past decade. While the company's 10-year median is 13.59 vs. the industry median of 10.21, Ddev Plastiks lndustries 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 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. Ddev Plastiks lndustries's current Interest Coverage of 8.54 is 16.4% 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 Ddev Plastiks lndustries and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ddev Plastiks lndustries's current Interest Coverage is 8.54, which is 37% below median its own 10-year median of 13.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ddev Plastiks lndustries stock overvalued right now?
Based on GuruFocus' analysis, Ddev Plastiks lndustries (NSE:DDEVPLSTIK) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹193.21, compared to a current price of ₹272.43 — trading 41% above its estimated fair value. The current Interest Coverage is 8.54, which is 37% below median its 10-year median of 13.59 and 16.4% below the Chemicals industry median of 10.21. Ddev Plastiks lndustries' overall GF Score™ is 35/100 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 Ddev Plastiks lndustries (NSE:DDEVPLSTIK), the current Interest Coverage is 8.54 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 Ddev Plastiks lndustries (NSE:DDEVPLSTIK) Overvalued in 2026?
Based on GuruFocus' analysis, Ddev Plastiks lndustries stock appears to be overvalued.
The current stock price of ₹272.43 is trading 41% above its estimated GF Value™ of ₹193.21.
GuruFocus considers Ddev Plastiks lndustries to be Significantly Overvalued.
Key valuation signals for NSE:DDEVPLSTIK:
Interest Coverage: 8.54 (37% below median its 10-year median of 13.59)
GF Value™: ₹193.21 vs. price of ₹272.43 (41% above fair value)
Industry Position: 16.4% below the Chemicals median (#640 of 1237)
No single metric tells the full story. See the NSE:DDEVPLSTIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ddev Plastiks lndustries Ltd is a quality supplier of PVC compounds. Its only segment is the manufacturing and sale of Poly Vinyl Chloride Polyethylene, Antifab, and EP Compound. Geographically, it derives a majority of its revenue from India.
35GF Score
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