Excellent Wires and Packaging (NSE:EXCELLENT) Interest Coverage: 45.09 (As of Mar. 2026) — 759% Above Median


NSE:EXCELLENT Excellent Wires and Packaging Ltd NSE:EXCELLENT
16 GF Score
Price ₹194.80
! 8 Warning Signs
View Full Analysis

What is Excellent Wires and Packaging Interest Coverage?

Excellent Wires and Packaging NSE:EXCELLENT +0.88% 16 Interest Coverage is 45.09 as of Mar. 2026, which is 759% above its 10-year median of 5.25. GuruFocus rates NSE:EXCELLENT with a GF Score™ of 16/100. The stock has 8 warning signs investors should review. Among 2,325 Industrial Products companies, Excellent Wires and Packaging ranks better than 75.78% 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. Excellent Wires and Packaging's Operating Income for the six months ended in Mar. 2026 was ₹12.6 Mil. Excellent Wires and Packaging's Interest Expense for the six months ended in Mar. 2026 was ₹-0.3 Mil. Excellent Wires and Packaging's interest coverage for the quarter that ended in Mar. 2026 was 45.09. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Excellent Wires and Packaging's Interest Coverage or its related term are showing as below:

NSE:EXCELLENT' s Interest Coverage Range Over the Past 10 Years
Min: 1.6   Med: 5.25   Max: 61.8
Current: 61.8


NSE:EXCELLENT's Interest Coverage is ranked better than
75.78% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs NSE:EXCELLENT: 61.80

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


Excellent Wires and Packaging  (NSE:EXCELLENT) 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 .


Excellent Wires and Packaging Interest Coverage Related Terms


Excellent Wires and Packaging Interest Coverage Historical Data

* Premium members only.

The historical data trend for Excellent Wires and Packaging'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.

Excellent Wires and Packaging Interest Coverage Chart

Excellent Wires and Packaging Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
1.75 1.60 5.25 14.86 61.79

Excellent Wires and Packaging Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial 4.74 8.63 No Debt No Debt 45.09

NSE:EXCELLENT vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Excellent Wires and Packaging'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.


Excellent Wires and Packaging Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Excellent Wires and Packaging's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Excellent Wires and Packaging's Interest Coverage falls into.


NSE:EXCELLENT
16GF Score
Excellent Wires and Packaging Ltd NSE:EXCELLENT
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Excellent Wires and Packaging 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.

Excellent Wires and Packaging'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, Excellent Wires and Packaging's Interest Expense was ₹-0.3 Mil. Its Operating Income was ₹17.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*17.302/-0.28
=61.79

Excellent Wires and Packaging's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Excellent Wires and Packaging's Interest Expense was ₹-0.3 Mil. Its Operating Income was ₹12.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*12.626/-0.28
=45.09

* 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 45.09 mean?
Excellent Wires and Packaging (NSE:EXCELLENT) has a Interest Coverage of 45.09 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Excellent Wires and Packaging and its competitors. This is 759% above median its historical median of 5.25. Over the past decade, Excellent Wires and Packaging's Interest Coverage has ranged from 1.60 to 61.80. According to the industry distribution chart, Excellent Wires and Packaging ranks #563 out of 2325 companies in the Industrial Products industry, placing it in the top 24.2%.
Is Excellent Wires and Packaging's Interest Coverage too high?
Excellent Wires and Packaging's current Interest Coverage of 45.09 is 759% above median its 10-year median of 5.25. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 61.80. The Industrial Products industry median Interest Coverage is 14.80. Excellent Wires and Packaging's value of 45.09 is 204.7% above this industry median. Based on the distribution chart, Excellent Wires and Packaging ranks #563 out of 2325 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Excellent Wires and Packaging has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Excellent Wires and Packaging's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Excellent Wires and Packaging ranks #563 out of 2325 companies for Interest Coverage. This places Excellent Wires and Packaging in the top 24% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 14.80. Excellent Wires and Packaging's value of 45.09 is 204.7% above this benchmark. Historically, Excellent Wires and Packaging's own Interest Coverage has ranged from 1.60 to 61.80 over the past decade. While the company's 10-year median is 5.25 vs. the industry median of 14.80, Excellent Wires and Packaging has consistently been above 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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. Excellent Wires and Packaging's current Interest Coverage of 45.09 is 204.7% above 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 Excellent Wires and Packaging and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Excellent Wires and Packaging's current Interest Coverage is 45.09, which is 759% above median its own 10-year median of 5.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Excellent Wires and Packaging stock overvalued right now?
Excellent Wires and Packaging (NSE:EXCELLENT) has a current Interest Coverage of 45.09. The current Interest Coverage is 45.09, which is 759% above median its 10-year median of 5.25 and 204.7% above the Industrial Products industry median of 14.80. Excellent Wires and Packaging's overall GF Score™ is 16/100 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 Excellent Wires and Packaging (NSE:EXCELLENT), the current Interest Coverage is 45.09 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.

Excellent Wires and Packaging Business Description

Address Jay Chamundeshwari Industrial Complex, Unit No. 12,13,113 Building 2 S. No. 54, Naikpada, Palghar, Vasai, MH, IND, 401208
Excellent Wires and Packaging Ltd is a manufacturer and exporter of various types of wires, such as Spring Steel Wire, High Carbon Wire, Galvanised Wire or GI Wire, Round Stitching Wire, Flat Stitching Wire, Mild Steel (M.S.) & Low Carbon Wire, H.B. & H.H.B. Wire, Annealed Wire, Brass Wire, Copper Wire, Stainless Steel Wire, Spiral Wires, Binding Wires, Bailing Wires and all types & sizes of Wire Ropes made of high carbon or SS Wire With or without PVC Coating for multiple applications under the brand name of Excellent. It also manufactures packaging products like PP Strapping Rolls and BOPP Self-Adhesive Tapes under the brand name of Excellent. The company supplies its products to various industries, viz. Packaging, Engineering, Stationery, Imitation Jewelry, Wires & Cable, etc.
16GF Score

Get the complete analysis for NSE:EXCELLENT

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

₹194.80
Price