EPW IndiaNSE:EPWINDIA +4.98%18 Interest Coverage is 11.78 as of Mar. 2026, which is 84% below its 10-year median of 73.16. GuruFocus rates NSE:EPWINDIA with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 1,672 Hardware companies, EPW India ranks worse than 57.12% 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. EPW India's
Operating Income
for the
six
months ended in Mar. 2026 was ₹97 Mil. EPW India's Interest Expense for the
six
months ended in Mar. 2026 was ₹-8 Mil.
EPW India's interest coverage for the quarter that ended in Mar. 2026 was 11.78.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for EPW India's Interest Coverage or its related term are showing as below:
NSE:EPWINDIA'
s Interest Coverage Range Over the Past 10 Years
Min: 10.17 Med: 73.16 Max: 110.25
Current: 10.17
NSE:EPWINDIA's Interest Coverage is ranked worse than 57.12% of 1672
companies
in the Hardware industry
Industry Median: 13.73
vs NSE:EPWINDIA: 10.17
EPW India (NSE:EPWINDIA) 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 .
EPW India Interest Coverage Related Terms
EPW India Interest Coverage Historical Data
* Premium members only.
The historical data trend for EPW 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.
EPW India Interest Coverage Chart
EPW India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Interest Coverage
110.25
86.30
60.01
10.21
EPW India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Interest Coverage
No Debt
No Debt
33.56
8.42
11.78
NSE:EPWINDIA vs SNX, ARW, AVT: Interest Coverage Comparison
For the Electronics & Computer Distribution subindustry, EPW 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.
EPW India Interest Coverage vs Hardware Industry
For the Hardware industry and Technology sector, EPW India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where EPW India'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.
EPW India (NSE:EPWINDIA) has a Interest Coverage of 11.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on EPW India and its competitors. This is 84% below median its historical median of 73.16. Over the past decade, EPW India's Interest Coverage has ranged from 10.17 to 110.25. According to the industry distribution chart, EPW India ranks #955 out of 1672 companies in the Hardware industry, placing it in the top 57.1%.
Is EPW India's Interest Coverage too high?
EPW India's current Interest Coverage of 11.78 is 84% below median its 10-year median of 73.16. Over the past 10 years, this metric has ranged from a low of 10.17 to a high of 110.25. The Hardware industry median Interest Coverage is 13.73. EPW India's value of 11.78 is 14.2% below this industry median. Based on the distribution chart, EPW India ranks #955 out of 1672 companies in the Hardware industry, which is below the industry midpoint. Overall, EPW India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does EPW India's Interest Coverage compare to SNX and ARW?
According to the Hardware industry distribution chart, EPW India ranks #955 out of 1672 companies for Interest Coverage. This places EPW India in the lower half of its industry. The industry median Interest Coverage is 13.73. EPW India's value of 11.78 is 14.2% below this benchmark. Historically, EPW India's own Interest Coverage has ranged from 10.17 to 110.25 over the past decade. While the company's 10-year median is 73.16 vs. the industry median of 13.73, EPW 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. EPW India's current Interest Coverage of 11.78 is 14.2% 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 EPW India and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EPW India's current Interest Coverage is 11.78, which is 84% below median its own 10-year median of 73.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EPW India stock overvalued right now?
EPW India (NSE:EPWINDIA) has a current Interest Coverage of 11.78. The current Interest Coverage is 11.78, which is 84% below median its 10-year median of 73.16 and 14.2% below the Hardware industry median of 13.73. EPW India's overall GF Score™ is 18/100 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 EPW India (NSE:EPWINDIA), the current Interest Coverage is 11.78 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.
EPW India Ltd is an IT electronics refurbishing business that supplies refurbished electronic products through both direct-to-consumer and business-to-business channels. Its operations cover the end-to-end reverse supply chain for IT assets, including the procurement of used devices, refurbishment to resale condition, and distribution to end users. The product portfolio includes laptops, desktops, Chromebooks, monitors, and related accessories, which are sold through company-operated retail outlets and an online platform. The company generates revenue from sales of refurbished laptops, desktops, monitors, accessories and new IT products (laptops, desktops, etc.).
18GF Score
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