Avenue SupermartsNSE:DMART -0.95%98 Interest Coverage is 22.63 as of Mar. 2026, which is 28% below its 10-year median of 31.26. GuruFocus rates NSE:DMART with a GF Score™ of 98/100 and a GF Value™ of ₹5,526.62 (Modestly Undervalued). Among 255 Retail - Defensive companies, Avenue Supermarts ranks better than 74.9% 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. Avenue Supermarts's
Operating Income
for the
three
months ended in Mar. 2026 was ₹9,270 Mil. Avenue Supermarts's Interest Expense for the
three
months ended in Mar. 2026 was ₹-410 Mil.
Avenue Supermarts's interest coverage for the quarter that ended in Mar. 2026 was 22.63.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Avenue Supermarts's Interest Coverage or its related term are showing as below:
NSE:DMART'
s Interest Coverage Range Over the Past 10 Years
Min: 7.03 Med: 31.26 Max: 58.25
Current: 29.21
NSE:DMART's Interest Coverage is ranked better than 74.9% of 255
companies
in the Retail - Defensive industry
Industry Median: 8.8
vs NSE:DMART: 29.21
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 .
Avenue Supermarts Interest Coverage Related Terms
Avenue Supermarts Interest Coverage Historical Data
* Premium members only.
The historical data trend for Avenue Supermarts'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:DMART vs WMT, COST, TGT: Interest Coverage Comparison
For the Discount Stores subindustry, Avenue Supermarts'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.
Avenue Supermarts Interest Coverage vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Avenue Supermarts's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Avenue Supermarts'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.
Avenue Supermarts (NSE:DMART) has a Interest Coverage of 22.63 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Avenue Supermarts and its competitors. This is 28% below median its historical median of 31.26. Over the past decade, Avenue Supermarts' Interest Coverage has ranged from 7.03 to 58.25. According to the industry distribution chart, Avenue Supermarts ranks #64 out of 255 companies in the Retail - Defensive industry, placing it in the top 25.1%.
Is Avenue Supermarts' Interest Coverage too high?
Avenue Supermarts' current Interest Coverage of 22.63 is 28% below median its 10-year median of 31.26. Over the past 10 years, this metric has ranged from a low of 7.03 to a high of 58.25. The Retail - Defensive industry median Interest Coverage is 8.80. Avenue Supermarts' value of 22.63 is 157.2% above this industry median. Based on the distribution chart, Avenue Supermarts ranks #64 out of 255 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Avenue Supermarts has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avenue Supermarts' Interest Coverage compare to WMT and COST?
According to the Retail - Defensive industry distribution chart, Avenue Supermarts ranks #64 out of 255 companies for Interest Coverage. This puts Avenue Supermarts in the upper half of its industry. The industry median Interest Coverage is 8.80. Avenue Supermarts' value of 22.63 is 157.2% above this benchmark. Historically, Avenue Supermarts' own Interest Coverage has ranged from 7.03 to 58.25 over the past decade. While the company's 10-year median is 31.26 vs. the industry median of 8.80, Avenue Supermarts 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 Retail - Defensive company?
The median Interest Coverage among Retail - Defensive companies is 8.80, based on 255 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. Avenue Supermarts's current Interest Coverage of 22.63 is 157.2% 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 Avenue Supermarts and its competitors. For the Retail - Defensive industry, the median Interest Coverage is 8.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avenue Supermarts's current Interest Coverage is 22.63, which is 28% below median its own 10-year median of 31.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avenue Supermarts stock overvalued right now?
Based on GuruFocus' analysis, Avenue Supermarts (NSE:DMART) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹5,526.62, compared to a current price of ₹4,294.60 — trading 22.3% below its estimated fair value. The current Interest Coverage is 22.63, which is 28% below median its 10-year median of 31.26 and 157.2% above the Retail - Defensive industry median of 8.80. Avenue Supermarts' overall GF Score™ is 98/100. 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 Avenue Supermarts (NSE:DMART), the current Interest Coverage is 22.63 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 Avenue Supermarts (NSE:DMART) Overvalued in 2026?
Based on GuruFocus' analysis, Avenue Supermarts stock appears to be undervalued.
The current stock price of ₹4,294.60 is trading 22.3% below its estimated GF Value™ of ₹5,526.62.
GuruFocus considers Avenue Supermarts to be Modestly Undervalued.
Key valuation signals for NSE:DMART:
Interest Coverage: 22.63 (28% below median its 10-year median of 31.26)
GF Value™: ₹5,526.62 vs. price of ₹4,294.60 (22.3% below fair value)
Industry Position: 157.2% above the Retail - Defensive median (#64 of 255)
No single metric tells the full story. See the NSE:DMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avenue Supermarts Ltd is an India-based company engaged in the business of organized retail and operates supermarkets under the brand name of D-Mart. It provides products under the categories of Foods, Non-Foods (FMCG) and General Merchandise and Apparel. Foods category includes products such as dairy, staples, groceries, snacks, frozen products, processed foods, beverages and confectionary and fruits and vegetables. Non-Foods (FMCG) comprises home care products, personal care products, toiletries and other over-the-counter products. General Merchandise and Apparel include bed and bath, toys and games, crockery, plastic goods, garments, footwear, utensils and home appliances. The business operations of the company are principally carried out in India.
98GF Score
Get the complete analysis for NSE:DMART
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:DMART has been successfully added to your 
