Felix IndustriesNSE:FELIX -2.45%81 Interest Coverage is 8.14 as of Sep. 2025, which is 92% above its 10-year median of 4.23. GuruFocus rates NSE:FELIX with a GF Score™ of 81/100 and a GF Value™ of ₹199.94 (Fairly Valued). The stock has 6 warning signs investors should review. Among 161 Waste Management companies, Felix Industries ranks better than 58.39% 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. Felix Industries's
Operating Income
for the
six
months ended in Sep. 2025 was ₹125.0 Mil. Felix Industries's Interest Expense for the
six
months ended in Sep. 2025 was ₹-15.4 Mil.
Felix Industries's interest coverage for the quarter that ended in Sep. 2025 was 8.14.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Felix Industries's Interest Coverage or its related term are showing as below:
NSE:FELIX'
s Interest Coverage Range Over the Past 10 Years
Min: 1.97 Med: 4.23 Max: 11.69
Current: 8.89
NSE:FELIX's Interest Coverage is ranked better than 58.39% of 161
companies
in the Waste Management industry
Industry Median: 5.72
vs NSE:FELIX: 8.89
Felix Industries (NSE:FELIX) 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 .
Felix Industries Interest Coverage Related Terms
Felix Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Felix Industries'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:FELIX vs WM, RSG, WCN: Interest Coverage Comparison
For the Waste Management subindustry, Felix Industries'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.
Felix Industries Interest Coverage vs Waste Management Industry
For the Waste Management industry and Industrials sector, Felix Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Felix Industries'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.
Felix Industries (NSE:FELIX) has a Interest Coverage of 8.14 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Felix Industries and its competitors. This is 92% above median its historical median of 4.23. Over the past decade, Felix Industries' Interest Coverage has ranged from 1.97 to 11.69. According to the industry distribution chart, Felix Industries ranks #67 out of 161 companies in the Waste Management industry, placing it in the top 41.6%.
Is Felix Industries' Interest Coverage too high?
Felix Industries' current Interest Coverage of 8.14 is 92% above median its 10-year median of 4.23. Over the past 10 years, this metric has ranged from a low of 1.97 to a high of 11.69. The Waste Management industry median Interest Coverage is 5.72. Felix Industries' value of 8.14 is 42.3% above this industry median. Based on the distribution chart, Felix Industries ranks #67 out of 161 companies in the Waste Management industry, which is above the industry midpoint. Overall, Felix Industries has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Felix Industries' Interest Coverage compare to WM and RSG?
According to the Waste Management industry distribution chart, Felix Industries ranks #67 out of 161 companies for Interest Coverage. This puts Felix Industries in the upper half of its industry. The industry median Interest Coverage is 5.72. Felix Industries' value of 8.14 is 42.3% above this benchmark. Historically, Felix Industries' own Interest Coverage has ranged from 1.97 to 11.69 over the past decade. While the company's 10-year median is 4.23 vs. the industry median of 5.72, Felix Industries 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 5.72, based on 161 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. Felix Industries's current Interest Coverage of 8.14 is 42.3% 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 Felix Industries and its competitors. For the Waste Management industry, the median Interest Coverage is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Felix Industries's current Interest Coverage is 8.14, which is 92% above median its own 10-year median of 4.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Felix Industries stock overvalued right now?
Based on GuruFocus' analysis, Felix Industries (NSE:FELIX) is currently considered Fairly Valued. The stock's GF Value™ is ₹199.94, compared to a current price of ₹186.75 — trading 6.6% below its estimated fair value. The current Interest Coverage is 8.14, which is 92% above median its 10-year median of 4.23 and 42.3% above the Waste Management industry median of 5.72. Felix Industries' overall GF Score™ is 81/100 with 6 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 Felix Industries (NSE:FELIX), the current Interest Coverage is 8.14 as of Sep. 2025. 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 Felix Industries (NSE:FELIX) Overvalued in 2026?
Based on GuruFocus' analysis, Felix Industries stock appears to be undervalued.
The current stock price of ₹186.75 is trading 6.6% below its estimated GF Value™ of ₹199.94.
GuruFocus considers Felix Industries to be Fairly Valued.
Key valuation signals for NSE:FELIX:
Interest Coverage: 8.14 (92% above median its 10-year median of 4.23)
GF Value™: ₹199.94 vs. price of ₹186.75 (6.6% below fair value)
Industry Position: 42.3% above the Waste Management median (#67 of 161)
No single metric tells the full story. See the NSE:FELIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Felix Industries Ltd is an Indian company engaged in water collection, treatment, and supply. It offers solutions for water and wastewater management by way of Reverse Osmosis Systems, Effluent Recycling Systems, and Zero Liquid Discharge Systems. The company provides services in the areas of water and wastewater engineering, industrial piping division, and E-waste recycling. The group operates in two different geographical territories, i.e., India and Oman. It generates the majority of its revenue within India.
81GF Score
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