Emami Paper MillsNSE:EMAMIPAP +0.62%50 Interest Coverage is 3.06 as of Mar. 2026, which is 68% above its 10-year median of 1.82. GuruFocus rates NSE:EMAMIPAP with a GF Score™ of 50/100 and a GF Value™ of ₹97.62 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 182 Forest Products companies, Emami Paper Mills ranks worse than 68.13% 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. Emami Paper Mills's
Operating Income
for the
three
months ended in Mar. 2026 was ₹482 Mil. Emami Paper Mills's Interest Expense for the
three
months ended in Mar. 2026 was ₹-158 Mil.
Emami Paper Mills's interest coverage for the quarter that ended in Mar. 2026 was 3.06.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Emami Paper Mills Ltd interest coverage is 2.08, which is low.
The historical rank and industry rank for Emami Paper Mills's Interest Coverage or its related term are showing as below:
NSE:EMAMIPAP'
s Interest Coverage Range Over the Past 10 Years
Min: 1.18 Med: 1.82 Max: 3.82
Current: 2.08
NSE:EMAMIPAP's Interest Coverage is ranked worse than 68.13% of 182
companies
in the Forest Products industry
Industry Median: 3.97
vs NSE:EMAMIPAP: 2.08
Emami Paper Mills (NSE:EMAMIPAP) 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 .
Emami Paper Mills Interest Coverage Related Terms
Emami Paper Mills Interest Coverage Historical Data
* Premium members only.
The historical data trend for Emami Paper Mills'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.
Emami Paper Mills Interest Coverage Competitor Comparison
For the Paper & Paper Products subindustry, Emami Paper Mills'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.
Emami Paper Mills Interest Coverage vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Emami Paper Mills's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Emami Paper Mills'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.
Emami Paper Mills (NSE:EMAMIPAP) has a Interest Coverage of 3.06 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Emami Paper Mills and its competitors. This is 68% above median its historical median of 1.82. Over the past decade, Emami Paper Mills' Interest Coverage has ranged from 1.18 to 3.82. According to the industry distribution chart, Emami Paper Mills ranks #124 out of 182 companies in the Forest Products industry, placing it in the top 68.1%.
Is Emami Paper Mills' Interest Coverage too high?
Emami Paper Mills' current Interest Coverage of 3.06 is 68% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 3.82. The Forest Products industry median Interest Coverage is 3.97. Emami Paper Mills' value of 3.06 is 22.9% below this industry median. Based on the distribution chart, Emami Paper Mills ranks #124 out of 182 companies in the Forest Products industry, which is below the industry midpoint. Overall, Emami Paper Mills has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Emami Paper Mills' Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Emami Paper Mills ranks #124 out of 182 companies for Interest Coverage. This places Emami Paper Mills in the lower half of its industry. The industry median Interest Coverage is 3.97. Emami Paper Mills' value of 3.06 is 22.9% below this benchmark. Historically, Emami Paper Mills' own Interest Coverage has ranged from 1.18 to 3.82 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 3.97, Emami Paper Mills 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 3.97, based on 182 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. Emami Paper Mills's current Interest Coverage of 3.06 is 22.9% 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 Emami Paper Mills and its competitors. For the Forest Products industry, the median Interest Coverage is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emami Paper Mills's current Interest Coverage is 3.06, which is 68% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emami Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, Emami Paper Mills (NSE:EMAMIPAP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹97.62, compared to a current price of ₹85.78 — trading 12.1% below its estimated fair value. The current Interest Coverage is 3.06, which is 68% above median its 10-year median of 1.82 and 22.9% below the Forest Products industry median of 3.97. Emami Paper Mills' overall GF Score™ is 50/100 with 6 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 Emami Paper Mills (NSE:EMAMIPAP), the current Interest Coverage is 3.06 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 Emami Paper Mills (NSE:EMAMIPAP) Overvalued in 2026?
Based on GuruFocus' analysis, Emami Paper Mills stock appears to be undervalued.
The current stock price of ₹85.78 is trading 12.1% below its estimated GF Value™ of ₹97.62.
GuruFocus considers Emami Paper Mills to be Modestly Undervalued.
Key valuation signals for NSE:EMAMIPAP:
Interest Coverage: 3.06 (68% above median its 10-year median of 1.82)
GF Value™: ₹97.62 vs. price of ₹85.78 (12.1% below fair value)
Industry Position: 22.9% below the Forest Products median (#124 of 182)
No single metric tells the full story. See the NSE:EMAMIPAP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Emami Paper Mills Ltd is engaged in the manufacturing of paper and paper products. It offers various papers and paper products including newsprint, writing and printing paper, and multilayer-coated board used in pharmaceuticals, healthcare, fast-moving consumer goods, consumer durable goods, and food product industries. The company derives revenue from the sale of paper and paperboard.
50GF Score
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