Divine Power Energy (NSE:DPEL) Interest Coverage: 4.71 (As of Mar. 2026) — 107% Above Median


NSE:DPEL Divine Power Energy Ltd NSE:DPEL
41 GF Score
Price ₹476.05
! 4 Warning Signs
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What is Divine Power Energy Interest Coverage?

Divine Power Energy NSE:DPEL -0.01% 41 Interest Coverage is 4.71 as of Mar. 2026, which is 107% above its 10-year median of 2.28. GuruFocus rates NSE:DPEL with a GF Score™ of 41/100. The stock has 4 warning signs investors should review. Among 2,324 Industrial Products companies, Divine Power Energy ranks worse than 78.4% 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. Divine Power Energy's Operating Income for the six months ended in Mar. 2026 was ₹319 Mil. Divine Power Energy's Interest Expense for the six months ended in Mar. 2026 was ₹-68 Mil. Divine Power Energy's interest coverage for the quarter that ended in Mar. 2026 was 4.71. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Divine Power Energy's Interest Coverage or its related term are showing as below:

NSE:DPEL' s Interest Coverage Range Over the Past 10 Years
Min: 1.15   Med: 2.28   Max: 3.9
Current: 3.9


NSE:DPEL's Interest Coverage is ranked worse than
78.4% of 2324 companies
in the Industrial Products industry
Industry Median: 14.835 vs NSE:DPEL: 3.90

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


Divine Power Energy  (NSE:DPEL) 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 .


Divine Power Energy Interest Coverage Related Terms


Divine Power Energy Interest Coverage Historical Data

* Premium members only.

The historical data trend for Divine Power Energy'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.

Divine Power Energy Interest Coverage Chart

Divine Power Energy Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 1.28 2.08 2.48 3.37 3.90

Divine Power Energy Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 2.84 3.24 3.50 2.89 4.71

NSE:DPEL vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Divine Power Energy'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.


Divine Power Energy Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Divine Power Energy's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Divine Power Energy's Interest Coverage falls into.


NSE:DPEL
41GF Score
Divine Power Energy Ltd NSE:DPEL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Divine Power Energy 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.

Divine Power Energy'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, Divine Power Energy's Interest Expense was ₹-122 Mil. Its Operating Income was ₹475 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹351 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*475.283/-121.906
=3.90

Divine Power Energy's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Divine Power Energy's Interest Expense was ₹-68 Mil. Its Operating Income was ₹319 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹351 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*318.525/-67.58
=4.71

* 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 4.71 mean?
Divine Power Energy (NSE:DPEL) has a Interest Coverage of 4.71 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Divine Power Energy and its competitors. This is 107% above median its historical median of 2.28. Over the past decade, Divine Power Energy's Interest Coverage has ranged from 1.15 to 3.90. According to the industry distribution chart, Divine Power Energy ranks #1822 out of 2324 companies in the Industrial Products industry, placing it in the top 78.4%.
Is Divine Power Energy's Interest Coverage too high?
Divine Power Energy's current Interest Coverage of 4.71 is 107% above median its 10-year median of 2.28. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 3.90. The Industrial Products industry median Interest Coverage is 14.84. Divine Power Energy's value of 4.71 is 68.3% below this industry median. Based on the distribution chart, Divine Power Energy ranks #1822 out of 2324 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Divine Power Energy has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Divine Power Energy's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Divine Power Energy ranks #1822 out of 2324 companies for Interest Coverage. This places Divine Power Energy in the lower half of its industry. The industry median Interest Coverage is 14.84. Divine Power Energy's value of 4.71 is 68.3% below this benchmark. Historically, Divine Power Energy's own Interest Coverage has ranged from 1.15 to 3.90 over the past decade. While the company's 10-year median is 2.28 vs. the industry median of 14.84, Divine Power Energy 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 14.84, based on 2,324 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. Divine Power Energy's current Interest Coverage of 4.71 is 68.3% 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 Divine Power Energy and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Divine Power Energy's current Interest Coverage is 4.71, which is 107% above median its own 10-year median of 2.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Divine Power Energy stock overvalued right now?
Divine Power Energy (NSE:DPEL) has a current Interest Coverage of 4.71. The current Interest Coverage is 4.71, which is 107% above median its 10-year median of 2.28 and 68.3% below the Industrial Products industry median of 14.84. Divine Power Energy's overall GF Score™ is 41/100 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 Divine Power Energy (NSE:DPEL), the current Interest Coverage is 4.71 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.

Divine Power Energy Business Description

Address Industrial Area, Site-IV Sahibabad, 56/1 and 56/2, Ghaziabad, UP, IND, 201010
Divine Power Energy Ltd manufactures electrical conductors, wires, and strips used in the power and transformer industries. The company produces bare and winding copper and aluminum wires/strips insulated with materials like paper, cotton, and fiberglass, critical inputs for transformer manufacturers and power distribution companies. Located in Sahibabad, Ghaziabad, the company sources raw materials from top suppliers such as NALCO and Hindalco, serving sectors including solar and automobile ancillaries.
41GF Score

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