Electronics Mart IndiaNSE:EMIL -2.10%83 Interest Coverage is 2.20 as of Mar. 2026, which is 16% below its 10-year median of 2.63. GuruFocus rates NSE:EMIL with a GF Score™ of 83/100 and a GF Value™ of ₹176.46 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 824 Retail - Cyclical companies, Electronics Mart India ranks worse than 85.07% 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. Electronics Mart India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹880 Mil. Electronics Mart India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-401 Mil.
Electronics Mart India's interest coverage for the quarter that ended in Mar. 2026 was 2.20.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Electronics Mart India's Interest Coverage or its related term are showing as below:
NSE:EMIL'
s Interest Coverage Range Over the Past 10 Years
Min: 1.83 Med: 2.63 Max: 3.27
Current: 1.83
NSE:EMIL's Interest Coverage is ranked worse than 85.07% of 824
companies
in the Retail - Cyclical industry
Industry Median: 7.94
vs NSE:EMIL: 1.83
Electronics Mart India (NSE:EMIL) 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 .
Electronics Mart India Interest Coverage Related Terms
Electronics Mart India Interest Coverage Historical Data
* Premium members only.
The historical data trend for Electronics Mart India'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:EMIL vs CASY, WSM, ULTA: Interest Coverage Comparison
For the Specialty Retail subindustry, Electronics Mart India'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.
Electronics Mart India Interest Coverage vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Electronics Mart India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Electronics Mart India's Interest Coverage falls into.
Electronics Mart India 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:
* 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.
Electronics Mart India (NSE:EMIL) has a Interest Coverage of 2.20 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Electronics Mart India and its competitors. This is 16% below median its historical median of 2.63. Over the past decade, Electronics Mart India's Interest Coverage has ranged from 1.83 to 3.27. According to the industry distribution chart, Electronics Mart India ranks #701 out of 824 companies in the Retail - Cyclical industry, placing it in the top 85.1%.
Is Electronics Mart India's Interest Coverage too high?
Electronics Mart India's current Interest Coverage of 2.20 is 16% below median its 10-year median of 2.63. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 3.27. The Retail - Cyclical industry median Interest Coverage is 7.94. Electronics Mart India's value of 2.20 is 72.3% below this industry median. Based on the distribution chart, Electronics Mart India ranks #701 out of 824 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Electronics Mart India has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Electronics Mart India's Interest Coverage compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Electronics Mart India ranks #701 out of 824 companies for Interest Coverage. This places Electronics Mart India in the lower half of its industry. The industry median Interest Coverage is 7.94. Electronics Mart India's value of 2.20 is 72.3% below this benchmark. Historically, Electronics Mart India's own Interest Coverage has ranged from 1.83 to 3.27 over the past decade. While the company's 10-year median is 2.63 vs. the industry median of 7.94, Electronics Mart India 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.94, based on 824 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. Electronics Mart India's current Interest Coverage of 2.20 is 72.3% 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 Electronics Mart India and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electronics Mart India's current Interest Coverage is 2.20, which is 16% below median its own 10-year median of 2.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electronics Mart India stock overvalued right now?
Based on GuruFocus' analysis, Electronics Mart India (NSE:EMIL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹176.46, compared to a current price of ₹119.14 — trading 32.5% below its estimated fair value. The current Interest Coverage is 2.20, which is 16% below median its 10-year median of 2.63 and 72.3% below the Retail - Cyclical industry median of 7.94. Electronics Mart India's overall GF Score™ is 83/100 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 Electronics Mart India (NSE:EMIL), the current Interest Coverage is 2.20 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 Electronics Mart India (NSE:EMIL) Overvalued in 2026?
Based on GuruFocus' analysis, Electronics Mart India stock appears to be undervalued.
The current stock price of ₹119.14 is trading 32.5% below its estimated GF Value™ of ₹176.46.
GuruFocus considers Electronics Mart India to be Significantly Undervalued.
Key valuation signals for NSE:EMIL:
Interest Coverage: 2.20 (16% below median its 10-year median of 2.63)
GF Value™: ₹176.46 vs. price of ₹119.14 (32.5% below fair value)
Industry Position: 72.3% below the Retail - Cyclical median (#701 of 824)
No single metric tells the full story. See the NSE:EMIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Electronics Mart India Ltd is a consumer durables and electronics retailer in India. It is engaged in the business of the sale of consumer electronics and durable products through a chain of retail and online stores. The company offers various products which include mobile devices, laptops, home and kitchen appliances, home entertainment systems, cameras, and personal care items. It operates a network of multi-brand outlets (MBOs) under the brand name Bajaj Electronics and Electronics Mart and manages exclusive brand outlets (EBOs) for various brands. Geographically, the company operates only in India. The Company operates in three segments, namely, retailing, wholesaling and e-commerce, with a sales mix of mobile, large electronics appliances and small appliances, IT & others.
83GF Score
Get the complete analysis for NSE:EMIL
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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