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DEE Development EngineersNSE:DEEDEV +1.91%42 Interest Coverage is 2.02 as of Jun. 2026, which is 25% above its 10-year median of 1.62. GuruFocus rates NSE:DEEDEV with a GF Score™ of 42/100. The stock has 5 warning signs investors should review. Among 2,304 Industrial Products companies, DEE Development Engineers ranks worse than 86.28% 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. DEE Development Engineers's
Operating Income
for the
three
months ended in Jun. 2026 was ₹347 Mil. DEE Development Engineers's Interest Expense for the
three
months ended in Jun. 2026 was ₹-172 Mil.
DEE Development Engineers's interest coverage for the quarter that ended in Jun. 2026 was 2.02.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for DEE Development Engineers's Interest Coverage or its related term are showing as below:
NSE:DEEDEV'
s Interest Coverage Range Over the Past 10 Years
Min: 0.89 Med: 1.62 Max: 2.9
Current: 2.41
NSE:DEEDEV's Interest Coverage is ranked worse than 86.28% of 2304
companies
in the Industrial Products industry
Industry Median: 14.625
vs NSE:DEEDEV: 2.41
DEE Development Engineers (NSE:DEEDEV) 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 .
DEE Development Engineers Interest Coverage Related Terms
DEE Development Engineers 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:DEEDEV vs ATI, CRS, MLI: Interest Coverage Comparison
For the Metal Fabrication subindustry, DEE Development Engineers'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.
DEE Development Engineers Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, DEE Development Engineers's Interest Coverage distribution charts can be found below:
* The bar in red indicates where DEE Development Engineers's Interest Coverage falls into.
DEE Development Engineers 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.
DEE Development Engineers (NSE:DEEDEV) has a Interest Coverage of 2.02 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DEE Development Engineers and its competitors. This is 25% above median its historical median of 1.62. Over the past decade, DEE Development Engineers' Interest Coverage has ranged from 0.89 to 2.90. According to the industry distribution chart, DEE Development Engineers ranks #1988 out of 2304 companies in the Industrial Products industry, placing it in the top 86.3%.
Is DEE Development Engineers' Interest Coverage too high?
DEE Development Engineers' current Interest Coverage of 2.02 is 25% above median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 2.90. The Industrial Products industry median Interest Coverage is 14.63. DEE Development Engineers' value of 2.02 is 86.2% below this industry median. Based on the distribution chart, DEE Development Engineers ranks #1988 out of 2304 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, DEE Development Engineers has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does DEE Development Engineers' Interest Coverage compare to ATI and CRS?
According to the Industrial Products industry distribution chart, DEE Development Engineers ranks #1988 out of 2304 companies for Interest Coverage. This places DEE Development Engineers in the lower half of its industry. The industry median Interest Coverage is 14.63. DEE Development Engineers' value of 2.02 is 86.2% below this benchmark. Historically, DEE Development Engineers' own Interest Coverage has ranged from 0.89 to 2.90 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 14.63, DEE Development Engineers 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 14.63, based on 2,304 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. DEE Development Engineers's current Interest Coverage of 2.02 is 86.2% 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 DEE Development Engineers and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DEE Development Engineers's current Interest Coverage is 2.02, which is 25% above median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DEE Development Engineers stock overvalued right now?
DEE Development Engineers (NSE:DEEDEV) has a current Interest Coverage of 2.02. The current Interest Coverage is 2.02, which is 25% above median its 10-year median of 1.62 and 86.2% below the Industrial Products industry median of 14.63. DEE Development Engineers' overall GF Score™ is 42/100 with 5 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 DEE Development Engineers (NSE:DEEDEV), the current Interest Coverage is 2.02 as of Jun. 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.
DEE Development Engineers Ltd provides comprehensive specialized process piping solutions including engineering services such as pre bid engineering, basic engineering, detailed engineering and support engineering which includes engineering of process/ power piping systems for projects, and pre-fabrication services such as cutting and beveling on conventional and CNC machines, welding services on semi-automatic and fully automatic robotic welding machines, conventional and digital radiography, post weld heat treatment using CNG fired fully calibrated furnaces and induction heating process, hydro testing, pickling and passivation, grit blasting (manual and semi-automatic) and painting (manual and semiautomatic). It operates in three segments including Piping, Power, and Heavy Fabrication.
42GF Score
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