Dwarikesh Sugar Industries (NSE:DWARKESH) Interest Coverage: 0 (At Loss) (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:DWARKESH Dwarikesh Sugar Industries Ltd NSE:DWARKESH
73 GF Score
Price ₹42.95
GF Value ₹53.68
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Dwarikesh Sugar Industries Interest Coverage?

Dwarikesh Sugar Industries NSE:DWARKESH +0.30% 73 Interest Coverage is 0 (At Loss) as of Jun. 2026. GuruFocus rates NSE:DWARKESH with a GF Score™ of 73/100 and a GF Value™ of ₹53.68 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,518 Consumer Packaged Goods companies, Dwarikesh Sugar Industries ranks worse than 82.74% 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. Dwarikesh Sugar Industries's Operating Income for the three months ended in Jun. 2026 was ₹-333 Mil. Dwarikesh Sugar Industries's Interest Expense for the three months ended in Jun. 2026 was ₹-30 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Dwarikesh Sugar Industries's Interest Coverage or its related term are showing as below:

NSE:DWARKESH' s Interest Coverage Range Over the Past 10 Years
Min: 2.02   Med: 5.01   Max: 8.14
Current: 2.02


NSE:DWARKESH's Interest Coverage is ranked worse than
82.74% of 1518 companies
in the Consumer Packaged Goods industry
Industry Median: 8.41 vs NSE:DWARKESH: 2.02

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


Dwarikesh Sugar Industries  (NSE:DWARKESH) 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 .


Dwarikesh Sugar Industries Interest Coverage Related Terms


Dwarikesh Sugar Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Dwarikesh Sugar Industries'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.

Dwarikesh Sugar Industries Interest Coverage Chart

Dwarikesh Sugar Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.14 6.79 7.86 3.48 3.39

Dwarikesh Sugar Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 17.57 13.98 0.00

NSE:DWARKESH vs MDLZ, HSY, TR: Interest Coverage Comparison

For the Confectioners subindustry, Dwarikesh Sugar Industries'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.


Dwarikesh Sugar Industries Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dwarikesh Sugar Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Dwarikesh Sugar Industries's Interest Coverage falls into.


NSE:DWARKESH
73GF Score
Dwarikesh Sugar Industries Ltd NSE:DWARKESH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dwarikesh Sugar Industries 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.

Dwarikesh Sugar Industries'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, Dwarikesh Sugar Industries's Interest Expense was ₹-148 Mil. Its Operating Income was ₹501 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹570 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*501.408/-147.724
=3.39

Dwarikesh Sugar Industries's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Dwarikesh Sugar Industries's Interest Expense was ₹-30 Mil. Its Operating Income was ₹-333 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Dwarikesh Sugar Industries did not have earnings to cover the 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.

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 0 (At Loss) mean?
Dwarikesh Sugar Industries (NSE:DWARKESH) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dwarikesh Sugar Industries and its competitors. Over the past decade, Dwarikesh Sugar Industries' Interest Coverage has ranged from 2.02 to 8.14. According to the industry distribution chart, Dwarikesh Sugar Industries ranks #1256 out of 1518 companies in the Consumer Packaged Goods industry, placing it in the top 82.7%.
Is Dwarikesh Sugar Industries' Interest Coverage too high?
Dwarikesh Sugar Industries' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 8.14. Based on the distribution chart, Dwarikesh Sugar Industries ranks #1256 out of 1518 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Dwarikesh Sugar Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dwarikesh Sugar Industries' Interest Coverage compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dwarikesh Sugar Industries ranks #1256 out of 1518 companies for Interest Coverage. This places Dwarikesh Sugar Industries in the lower half of its industry. The industry median Interest Coverage is 8.41. Historically, Dwarikesh Sugar Industries' own Interest Coverage has ranged from 2.02 to 8.14 over the past decade. 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.41, based on 1,518 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. 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 Dwarikesh Sugar Industries and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dwarikesh Sugar Industries's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dwarikesh Sugar Industries stock overvalued right now?
Based on GuruFocus' analysis, Dwarikesh Sugar Industries (NSE:DWARKESH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹53.68, compared to a current price of ₹42.95 — trading 20% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Dwarikesh Sugar Industries' overall GF Score™ is 73/100 with 8 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 Dwarikesh Sugar Industries (NSE:DWARKESH), the current Interest Coverage is 0 (At Loss) 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.

Is Dwarikesh Sugar Industries (NSE:DWARKESH) Overvalued in 2026?

Based on GuruFocus' analysis, Dwarikesh Sugar Industries stock appears to be undervalued. The current stock price of ₹42.95 is trading 20% below its estimated GF Value™ of ₹53.68. GuruFocus considers Dwarikesh Sugar Industries to be Modestly Undervalued.

Key valuation signals for NSE:DWARKESH:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹53.68 vs. price of ₹42.95 (20% below fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the NSE:DWARKESH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dwarikesh Sugar Industries Business Description

Other Exchanges 532610:India
Address 511, Maker Chambers V, 221, Nariman Point, Mumbai, MH, IND, 400021
Dwarikesh Sugar Industries Ltd is a multi-faceted, diversified industrial group engaged in the manufacture of the finest grains of sugar and allied products. The business activity of the group functions through Sugar & Co-generation, which derives key revenue, and the Distillery segments. The company's product portfolio includes sugar, ethanol, power, and sanitizers. Geographically, it derives a majority of its revenue from India.
73GF Score

Get the complete analysis for NSE:DWARKESH

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹42.95
Price
₹53.68
GF Value