Exim Routes (NSE:EXIMROUTES) Interest Coverage: 16.21 (As of Mar. 2026) — 65% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:EXIMROUTES Exim Routes Ltd NSE:EXIMROUTES
21 GF Score
Price ₹94.75
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What is Exim Routes Interest Coverage?

Exim Routes NSE:EXIMROUTES -8.01% 21 Interest Coverage is 16.21 as of Mar. 2026, which is 65% below its 10-year median of 46.43. GuruFocus rates NSE:EXIMROUTES with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 164 Waste Management companies, Exim Routes ranks better than 73.17% 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. Exim Routes's Operating Income for the six months ended in Mar. 2026 was ₹101 Mil. Exim Routes's Interest Expense for the six months ended in Mar. 2026 was ₹0 Mil. Exim Routes's interest coverage for the quarter that ended in Mar. 2026 was 16.21. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Exim Routes's Interest Coverage or its related term are showing as below:

NSE:EXIMROUTES' s Interest Coverage Range Over the Past 10 Years
Min: 15.99   Med: 46.43   Max: 350.97
Current: 15.99


NSE:EXIMROUTES's Interest Coverage is ranked better than
73.17% of 164 companies
in the Waste Management industry
Industry Median: 5.95 vs NSE:EXIMROUTES: 15.99

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


Exim Routes  (NSE:EXIMROUTES) 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 .


Exim Routes Interest Coverage Related Terms


Exim Routes Interest Coverage Historical Data

* Premium members only.

The historical data trend for Exim Routes'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.

Exim Routes Interest Coverage Chart

Exim Routes Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
10.81 19.63 40.23 14.87

Exim Routes Semi-Annual Data
Sep25 Mar26
Interest Coverage 11.26 16.21

NSE:EXIMROUTES vs WM, RSG, WCN: Interest Coverage Comparison

For the Waste Management subindustry, Exim Routes'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.


Exim Routes Interest Coverage vs Waste Management Industry

For the Waste Management industry and Industrials sector, Exim Routes's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Exim Routes's Interest Coverage falls into.


NSE:EXIMROUTES
21GF Score
Exim Routes Ltd NSE:EXIMROUTES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Exim Routes 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.

Exim Routes'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, Exim Routes's Interest Expense was ₹0 Mil. Its Operating Income was ₹141 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹12 Mil.

GuruFocus does not calculate Exim Routes's interest coverage with the available data.

Exim Routes's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Exim Routes's Interest Expense was ₹0 Mil. Its Operating Income was ₹101 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹12 Mil.

GuruFocus does not calculate Exim Routes's interest coverage with the available data.

* 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 16.21 mean?
Exim Routes (NSE:EXIMROUTES) has a Interest Coverage of 16.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Exim Routes and its competitors. This is 65% below median its historical median of 46.43. Over the past decade, Exim Routes' Interest Coverage has ranged from 15.99 to 350.97. According to the industry distribution chart, Exim Routes ranks #44 out of 164 companies in the Waste Management industry, placing it in the top 26.8%.
Is Exim Routes' Interest Coverage too high?
Exim Routes' current Interest Coverage of 16.21 is 65% below median its 10-year median of 46.43. Over the past 10 years, this metric has ranged from a low of 15.99 to a high of 350.97. The Waste Management industry median Interest Coverage is 5.95. Exim Routes' value of 16.21 is 172.4% above this industry median. Based on the distribution chart, Exim Routes ranks #44 out of 164 companies in the Waste Management industry, which is above the industry midpoint. Overall, Exim Routes has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Exim Routes' Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Exim Routes ranks #44 out of 164 companies for Interest Coverage. This puts Exim Routes in the upper half of its industry. The industry median Interest Coverage is 5.95. Exim Routes' value of 16.21 is 172.4% above this benchmark. Historically, Exim Routes' own Interest Coverage has ranged from 15.99 to 350.97 over the past decade. While the company's 10-year median is 46.43 vs. the industry median of 5.95, Exim Routes 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 a Waste Management company?
The median Interest Coverage among Waste Management companies is 5.95, based on 164 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. Exim Routes's current Interest Coverage of 16.21 is 172.4% 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 Exim Routes and its competitors. For the Waste Management industry, the median Interest Coverage is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exim Routes's current Interest Coverage is 16.21, which is 65% below median its own 10-year median of 46.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exim Routes stock overvalued right now?
Exim Routes (NSE:EXIMROUTES) has a current Interest Coverage of 16.21. The current Interest Coverage is 16.21, which is 65% below median its 10-year median of 46.43 and 172.4% above the Waste Management industry median of 5.95. Exim Routes' overall GF Score™ is 21/100 with 3 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 Exim Routes (NSE:EXIMROUTES), the current Interest Coverage is 16.21 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.

Exim Routes Business Description

Address Golf Course Extension Road, Sector 65, Unit No 421, 4th Floor, Suncity Success Tower, Gurugram, HR, IND, 122101
Exim Routes Ltd operates as a platform facilitating the exchange of recyclable paper materials, providing services to Indian paper mills that include sourcing and procurement of waste paper, quality assurance, and logistics. To support its operations, it has developed the Exim Routes Intelligence System (ERIS), an AI-powered B2B digital platform designed to perform four primary functions: Supply Chain Operations and Offer Management, Customer and Partner Enablement, Market Intelligence and Data Layer, and Logistics Integration.
21GF Score

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