Delta Autocorp (NSE:DELTIC) Interest Coverage: 147.82 (As of Mar. 2026) — 276% Above Median


NSE:DELTIC Delta Autocorp Ltd NSE:DELTIC
37 GF Score
Price ₹33.85
! 4 Warning Signs
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What is Delta Autocorp Interest Coverage?

Delta Autocorp NSE:DELTIC +2.58% 37 Interest Coverage is 147.82 as of Mar. 2026, which is 276% above its 10-year median of 39.29. GuruFocus rates NSE:DELTIC with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 1,068 Vehicles & Parts companies, Delta Autocorp ranks better than 90.92% 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. Delta Autocorp's Operating Income for the six months ended in Mar. 2026 was ₹25.6 Mil. Delta Autocorp's Interest Expense for the six months ended in Mar. 2026 was ₹-0.2 Mil. Delta Autocorp's interest coverage for the quarter that ended in Mar. 2026 was 147.82. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Delta Autocorp Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

NSE:DELTIC' s Interest Coverage Range Over the Past 10 Years
Min: 9.59   Med: 39.29   Max: 159.93
Current: 147.82


NSE:DELTIC's Interest Coverage is ranked better than
90.92% of 1068 companies
in the Vehicles & Parts industry
Industry Median: 8.335 vs NSE:DELTIC: 147.82

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


Delta Autocorp  (NSE:DELTIC) 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 .


Delta Autocorp Interest Coverage Related Terms


Delta Autocorp Interest Coverage Historical Data

* Premium members only.

The historical data trend for Delta Autocorp'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.

Delta Autocorp Interest Coverage Chart

Delta Autocorp Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 13.39 9.59 159.93 63.89 141.32

Delta Autocorp Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage Get a 7-Day Free Trial N/A N/A No Debt No Debt 147.82

NSE:DELTIC vs TSLA, GM, F: Interest Coverage Comparison

For the Auto Manufacturers subindustry, Delta Autocorp'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.


Delta Autocorp Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Delta Autocorp's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Delta Autocorp's Interest Coverage falls into.


NSE:DELTIC
37GF Score
Delta Autocorp Ltd NSE:DELTIC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Delta Autocorp 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.

Delta Autocorp'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, Delta Autocorp's Interest Expense was ₹-0.4 Mil. Its Operating Income was ₹58.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*58.083/-0.411
=141.32

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

Here, for the six months ended in Mar. 2026, Delta Autocorp's Interest Expense was ₹-0.2 Mil. Its Operating Income was ₹25.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*25.573/-0.173
=147.82

* 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 147.82 mean?
Delta Autocorp (NSE:DELTIC) has a Interest Coverage of 147.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Delta Autocorp and its competitors. This is 276% above median its historical median of 39.29. Over the past decade, Delta Autocorp's Interest Coverage has ranged from 9.59 to 159.93. According to the industry distribution chart, Delta Autocorp ranks #97 out of 1068 companies in the Vehicles & Parts industry, placing it in the top 9.1%.
Is Delta Autocorp's Interest Coverage too high?
Delta Autocorp's current Interest Coverage of 147.82 is 276% above median its 10-year median of 39.29. Over the past 10 years, this metric has ranged from a low of 9.59 to a high of 159.93. The Vehicles & Parts industry median Interest Coverage is 8.34. Delta Autocorp's value of 147.82 is 1673.5% above this industry median. Based on the distribution chart, Delta Autocorp ranks #97 out of 1068 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Delta Autocorp has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Delta Autocorp's Interest Coverage compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Delta Autocorp ranks #97 out of 1068 companies for Interest Coverage. This places Delta Autocorp in the top 9% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.34. Delta Autocorp's value of 147.82 is 1673.5% above this benchmark. Historically, Delta Autocorp's own Interest Coverage has ranged from 9.59 to 159.93 over the past decade. While the company's 10-year median is 39.29 vs. the industry median of 8.34, Delta Autocorp has consistently been above 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.34, based on 1,068 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. Delta Autocorp's current Interest Coverage of 147.82 is 1673.5% above 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 Delta Autocorp and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delta Autocorp's current Interest Coverage is 147.82, which is 276% above median its own 10-year median of 39.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delta Autocorp stock overvalued right now?
Delta Autocorp (NSE:DELTIC) has a current Interest Coverage of 147.82. The current Interest Coverage is 147.82, which is 276% above median its 10-year median of 39.29 and 1673.5% above the Vehicles & Parts industry median of 8.34. Delta Autocorp's overall GF Score™ is 37/100 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 Delta Autocorp (NSE:DELTIC), the current Interest Coverage is 147.82 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.

Delta Autocorp Business Description

Address 501-502, Fifth Floor, N.D.M-1, Plot no. B-2-3-4, Netaji Subhash Place, Pitampura, Delhi, IND, 110034
Delta Autocorp Ltd manufacture and sell 2W & 3W EVs using components procured from reputed Original Equipment Manufacturers (OEMs) who use design & engineering specifications. It operates under the brand name Deltic, Specializing in the production of Electric 2W and 3W vehicles. Its product range encompasses electric scooters in the 2W category, along with electric rickshaws, electric loaders, and electric garbage carts in the 3W category along with spare parts and accessories of 2W and 3W like motors, DC-DC Converter, Speedometer etc.
37GF Score

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