DIC IndiaNSE:DICIND -0.58%70 Interest Coverage is 12.08 as of Mar. 2026, which is 11% above its 10-year median of 10.92. GuruFocus rates NSE:DICIND with a GF Score™ of 70/100 and a GF Value™ of ₹550.82 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,234 Chemicals companies, DIC India ranks better than 58.35% 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. DIC India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹41 Mil. DIC India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-3 Mil.
DIC India's interest coverage for the quarter that ended in Mar. 2026 was 12.08.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for DIC India's Interest Coverage or its related term are showing as below:
NSE:DICIND'
s Interest Coverage Range Over the Past 10 Years
Min: 2.29 Med: 10.92 Max: 17.58
Current: 16.14
NSE:DICIND's Interest Coverage is ranked better than 58.35% of 1234
companies
in the Chemicals industry
Industry Median: 10.18
vs NSE:DICIND: 16.14
DIC India (NSE:DICIND) 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 .
DIC India Interest Coverage Related Terms
DIC India Interest Coverage Historical Data
* Premium members only.
The historical data trend for DIC India'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.
NSE:DICIND vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, DIC India'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.
DIC India Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, DIC India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where DIC India'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.
DIC India (NSE:DICIND) has a Interest Coverage of 12.08 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on DIC India and its competitors. This is 11% above median its historical median of 10.92. Over the past decade, DIC India's Interest Coverage has ranged from 2.29 to 17.58. According to the industry distribution chart, DIC India ranks #514 out of 1234 companies in the Chemicals industry, placing it in the top 41.7%.
Is DIC India's Interest Coverage too high?
DIC India's current Interest Coverage of 12.08 is 11% above median its 10-year median of 10.92. Over the past 10 years, this metric has ranged from a low of 2.29 to a high of 17.58. The Chemicals industry median Interest Coverage is 10.18. DIC India's value of 12.08 is 18.7% above this industry median. Based on the distribution chart, DIC India ranks #514 out of 1234 companies in the Chemicals industry, which is above the industry midpoint. Overall, DIC India has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does DIC India's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, DIC India ranks #514 out of 1234 companies for Interest Coverage. This puts DIC India in the upper half of its industry. The industry median Interest Coverage is 10.18. DIC India's value of 12.08 is 18.7% above this benchmark. Historically, DIC India's own Interest Coverage has ranged from 2.29 to 17.58 over the past decade. While the company's 10-year median is 10.92 vs. the industry median of 10.18, DIC India 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. DIC India's current Interest Coverage of 12.08 is 18.7% 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 DIC India and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DIC India's current Interest Coverage is 12.08, which is 11% above median its own 10-year median of 10.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DIC India stock overvalued right now?
Based on GuruFocus' analysis, DIC India (NSE:DICIND) is currently considered Fairly Valued. The stock's GF Value™ is ₹550.82, compared to a current price of ₹510.80 — trading 7.3% below its estimated fair value. The current Interest Coverage is 12.08, which is 11% above median its 10-year median of 10.92 and 18.7% above the Chemicals industry median of 10.18. DIC India's overall GF Score™ is 70/100 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 DIC India (NSE:DICIND), the current Interest Coverage is 12.08 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 DIC India (NSE:DICIND) Overvalued in 2026?
Based on GuruFocus' analysis, DIC India stock appears to be undervalued.
The current stock price of ₹510.80 is trading 7.3% below its estimated GF Value™ of ₹550.82.
GuruFocus considers DIC India to be Fairly Valued.
Key valuation signals for NSE:DICIND:
Interest Coverage: 12.08 (11% above median its 10-year median of 10.92)
GF Value™: ₹550.82 vs. price of ₹510.80 (7.3% below fair value)
Industry Position: 18.7% above the Chemicals median (#514 of 1234)
No single metric tells the full story. See the NSE:DICIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DIC India Ltd is an Indian company engaged in the business of manufacturing printing inks, which cover newsprint ink, offset ink, and liquid ink used in newspapers, other publications, and the packaging industries. It also provides lamination adhesives. The company's product portfolio comprises gravure printing inks, offset inks, barrier coatings, adhesives, metal deco inks, and specialty inks, among others. Geographically, the company generates the majority of its revenue from the sale of its products in its domestic market, and the rest through exports.
70GF Score
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