Fineotex Chemical (NSE:FCL) Interest Coverage: 62.58 (As of Mar. 2026) — 67% Below Median


NSE:FCL Fineotex Chemical Ltd NSE:FCL
87 GF Score
Price ₹38.26
GF Value ₹49.88
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Fineotex Chemical Interest Coverage?

Fineotex Chemical NSE:FCL -6.45% 87 Interest Coverage is 62.58 as of Mar. 2026, which is 67% below its 10-year median of 190.12. GuruFocus rates NSE:FCL with a GF Score™ of 87/100 and a GF Value™ of ₹49.88 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,234 Chemicals companies, Fineotex Chemical ranks better than 83.23% 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. Fineotex Chemical's Operating Income for the three months ended in Mar. 2026 was ₹393 Mil. Fineotex Chemical's Interest Expense for the three months ended in Mar. 2026 was ₹-6 Mil. Fineotex Chemical's interest coverage for the quarter that ended in Mar. 2026 was 62.58. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Fineotex Chemical Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

NSE:FCL' s Interest Coverage Range Over the Past 10 Years
Min: 89.08   Med: 190.12   Max: 522.9
Current: 89.08


NSE:FCL's Interest Coverage is ranked better than
83.23% of 1234 companies
in the Chemicals industry
Industry Median: 10.18 vs NSE:FCL: 89.08

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


Fineotex Chemical  (NSE:FCL) 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 .


Fineotex Chemical Interest Coverage Related Terms


Fineotex Chemical Interest Coverage Historical Data

* Premium members only.

The historical data trend for Fineotex Chemical'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.

Fineotex Chemical Interest Coverage Chart

Fineotex Chemical Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 248.63 522.90 412.89 110.40 89.08

Fineotex Chemical Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.82 143.62 81.47 135.00 62.58

NSE:FCL vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Fineotex Chemical'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.


Fineotex Chemical Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Fineotex Chemical's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Fineotex Chemical's Interest Coverage falls into.


NSE:FCL
87GF Score
Fineotex Chemical Ltd NSE:FCL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fineotex Chemical 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.

Fineotex Chemical'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, Fineotex Chemical's Interest Expense was ₹-14 Mil. Its Operating Income was ₹1,213 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹38 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1213.246/-13.619
=89.08

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

Here, for the three months ended in Mar. 2026, Fineotex Chemical's Interest Expense was ₹-6 Mil. Its Operating Income was ₹393 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹38 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*392.921/-6.279
=62.58

* 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 62.58 mean?
Fineotex Chemical (NSE:FCL) has a Interest Coverage of 62.58 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fineotex Chemical and its competitors. This is 67% below median its historical median of 190.12. Over the past decade, Fineotex Chemical's Interest Coverage has ranged from 89.08 to 522.90. According to the industry distribution chart, Fineotex Chemical ranks #207 out of 1234 companies in the Chemicals industry, placing it in the top 16.8%.
Is Fineotex Chemical's Interest Coverage too high?
Fineotex Chemical's current Interest Coverage of 62.58 is 67% below median its 10-year median of 190.12. Over the past 10 years, this metric has ranged from a low of 89.08 to a high of 522.90. The Chemicals industry median Interest Coverage is 10.18. Fineotex Chemical's value of 62.58 is 514.7% above this industry median. Based on the distribution chart, Fineotex Chemical ranks #207 out of 1234 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Fineotex Chemical has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fineotex Chemical's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Fineotex Chemical ranks #207 out of 1234 companies for Interest Coverage. This places Fineotex Chemical in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.18. Fineotex Chemical's value of 62.58 is 514.7% above this benchmark. Historically, Fineotex Chemical's own Interest Coverage has ranged from 89.08 to 522.90 over the past decade. While the company's 10-year median is 190.12 vs. the industry median of 10.18, Fineotex Chemical 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. Fineotex Chemical's current Interest Coverage of 62.58 is 514.7% 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 Fineotex Chemical and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fineotex Chemical's current Interest Coverage is 62.58, which is 67% below median its own 10-year median of 190.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fineotex Chemical stock overvalued right now?
Based on GuruFocus' analysis, Fineotex Chemical (NSE:FCL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹49.88, compared to a current price of ₹38.26 — trading 23.3% below its estimated fair value. The current Interest Coverage is 62.58, which is 67% below median its 10-year median of 190.12 and 514.7% above the Chemicals industry median of 10.18. Fineotex Chemical's overall GF Score™ is 87/100 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 Fineotex Chemical (NSE:FCL), the current Interest Coverage is 62.58 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 Fineotex Chemical (NSE:FCL) Overvalued in 2026?

Based on GuruFocus' analysis, Fineotex Chemical stock appears to be undervalued. The current stock price of ₹38.26 is trading 23.3% below its estimated GF Value™ of ₹49.88. GuruFocus considers Fineotex Chemical to be Modestly Undervalued.

Key valuation signals for NSE:FCL:

  • Interest Coverage: 62.58 (67% below median its 10-year median of 190.12)
  • GF Value™: ₹49.88 vs. price of ₹38.26 (23.3% below fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 514.7% above the Chemicals median (#207 of 1234)

No single metric tells the full story. See the NSE:FCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fineotex Chemical Business Description

Other Exchanges 533333:India
Address S. V. Road, 4th Floor, 42/43, Manorama Chambers, Bandra (west), Mumbai, MH, IND, 400 050
Fineotex Chemical Ltd is an Indian company engaged in the manufacture of Textile chemicals, auxiliaries, and specialty chemicals. Some of its products include Benzalkonium Chloride (BKC); Barite; Hematite; Magnesium Chloride; Calcium Chloride; DOSS (Dioctyl Sodium Sulfosuccinate) and others. Its chemicals are Desizing Agent, Stiffeners, Binders, Anticrease Lubricants, Drilling Fluids, Cementing Fluids, and Others.
87GF Score

Get the complete analysis for NSE:FCL

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

₹38.26
Price
₹49.88
GF Value