Electrosteel CastingsNSE:ELECTCAST +0.60%73 Interest Coverage is 0.54 as of Mar. 2026, which is 74% below its 10-year median of 2.07. GuruFocus rates NSE:ELECTCAST with a GF Score™ of 73/100 and a GF Value™ of ₹86.38 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,349 Construction companies, Electrosteel Castings ranks worse than 89.84% 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. Electrosteel Castings's
Operating Income
for the
three
months ended in Mar. 2026 was ₹174 Mil. Electrosteel Castings's Interest Expense for the
three
months ended in Mar. 2026 was ₹-322 Mil.
Electrosteel Castings's interest coverage for the quarter that ended in Mar. 2026 was 0.54.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Electrosteel Castings's Interest Coverage or its related term are showing as below:
NSE:ELECTCAST'
s Interest Coverage Range Over the Past 10 Years
Min: 1.3 Med: 2.07 Max: 5.56
Current: 1.3
NSE:ELECTCAST's Interest Coverage is ranked worse than 89.84% of 1349
companies
in the Construction industry
Industry Median: 7.92
vs NSE:ELECTCAST: 1.30
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 .
Electrosteel Castings Interest Coverage Related Terms
Electrosteel Castings Interest Coverage Historical Data
* Premium members only.
The historical data trend for Electrosteel Castings'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:ELECTCAST vs TT, JCI, CARR: Interest Coverage Comparison
For the Building Products & Equipment subindustry, Electrosteel Castings'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.
Electrosteel Castings Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Electrosteel Castings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Electrosteel Castings'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.
Electrosteel Castings (NSE:ELECTCAST) has a Interest Coverage of 0.54 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Electrosteel Castings and its competitors. This is 74% below median its historical median of 2.07. Over the past decade, Electrosteel Castings' Interest Coverage has ranged from 1.30 to 5.56. According to the industry distribution chart, Electrosteel Castings ranks #1212 out of 1349 companies in the Construction industry, placing it in the top 89.8%.
Is Electrosteel Castings' Interest Coverage too high?
Electrosteel Castings' current Interest Coverage of 0.54 is 74% below median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 5.56. The Construction industry median Interest Coverage is 7.92. Electrosteel Castings' value of 0.54 is 93.2% below this industry median. Based on the distribution chart, Electrosteel Castings ranks #1212 out of 1349 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Electrosteel Castings has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Electrosteel Castings' Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Electrosteel Castings ranks #1212 out of 1349 companies for Interest Coverage. This places Electrosteel Castings in the lower half of its industry. The industry median Interest Coverage is 7.92. Electrosteel Castings' value of 0.54 is 93.2% below this benchmark. Historically, Electrosteel Castings' own Interest Coverage has ranged from 1.30 to 5.56 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 7.92, Electrosteel Castings 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 a Construction company?
The median Interest Coverage among Construction companies is 7.92, based on 1,349 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. Electrosteel Castings's current Interest Coverage of 0.54 is 93.2% 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 Electrosteel Castings and its competitors. For the Construction industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electrosteel Castings's current Interest Coverage is 0.54, which is 74% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electrosteel Castings stock overvalued right now?
Based on GuruFocus' analysis, Electrosteel Castings (NSE:ELECTCAST) is currently considered Fairly Valued. The stock's GF Value™ is ₹86.38, compared to a current price of ₹80.16 — trading 7.2% below its estimated fair value. The current Interest Coverage is 0.54, which is 74% below median its 10-year median of 2.07 and 93.2% below the Construction industry median of 7.92. Electrosteel Castings' overall GF Score™ is 73/100 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 Electrosteel Castings (NSE:ELECTCAST), the current Interest Coverage is 0.54 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 Electrosteel Castings (NSE:ELECTCAST) Overvalued in 2026?
Based on GuruFocus' analysis, Electrosteel Castings stock appears to be undervalued.
The current stock price of ₹80.16 is trading 7.2% below its estimated GF Value™ of ₹86.38.
GuruFocus considers Electrosteel Castings to be Fairly Valued.
Key valuation signals for NSE:ELECTCAST:
Interest Coverage: 0.54 (74% below median its 10-year median of 2.07)
GF Value™: ₹86.38 vs. price of ₹80.16 (7.2% below fair value)
Industry Position: 93.2% below the Construction median (#1212 of 1349)
No single metric tells the full story. See the NSE:ELECTCAST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Electrosteel Castings Ltd is a pipeline solution provider. The business activity of the firm is the manufacturing of ductile iron pipes, fittings, and cast-iron pipes. It offers a range of pipes, which includes DI pipes, Electrolock pipes, and DI flanged pipes, among others. In addition, it also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, Paint and Power. The company has one reportable segment, namely, Pipes and Fittings, and all other activities revolve around the main business. Geographically, it derives a majority of its revenue within India and also has its presence in international markets through exports of its products.
73GF Score
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