FIEM Industries (NSE:FIEMIND) Interest Coverage: 54.88 (As of Mar. 2026) — 341% Above Median


NSE:FIEMIND FIEM Industries Ltd NSE:FIEMIND
86 GF Score
Price ₹2,180.70
GF Value ₹1,879.54
Valuation Modestly Overvalued
! 2 Warning Signs
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What is FIEM Industries Interest Coverage?

FIEM Industries NSE:FIEMIND -2.61% 86 Interest Coverage is 54.88 as of Mar. 2026, which is 341% above its 10-year median of 12.45. GuruFocus rates NSE:FIEMIND with a GF Score™ of 86/100 and a GF Value™ of ₹1,879.54 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,067 Vehicles & Parts companies, FIEM Industries ranks better than 89.32% 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. FIEM Industries's Operating Income for the three months ended in Mar. 2026 was ₹919 Mil. FIEM Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-17 Mil. FIEM Industries's interest coverage for the quarter that ended in Mar. 2026 was 54.88. 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. FIEM Industries Ltd has enough cash to cover all of its debt. Its financial situation is stable.

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

NSE:FIEMIND' s Interest Coverage Range Over the Past 10 Years
Min: 2.91   Med: 12.45   Max: 167.13
Current: 116.06


NSE:FIEMIND's Interest Coverage is ranked better than
89.32% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 8.41 vs NSE:FIEMIND: 116.06

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


FIEM Industries  (NSE:FIEMIND) 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 .


FIEM Industries Interest Coverage Related Terms


FIEM Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for FIEM 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.

FIEM Industries Interest Coverage Chart

FIEM Industries 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 17.28 25.30 70.85 167.13 116.06

FIEM Industries 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 176.63 195.34 214.60 214.30 54.88

NSE:FIEMIND vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, FIEM 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.


FIEM Industries Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, FIEM Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where FIEM Industries's Interest Coverage falls into.


NSE:FIEMIND
86GF Score
FIEM Industries Ltd NSE:FIEMIND
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FIEM Industries 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.

FIEM Industries'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, FIEM Industries's Interest Expense was ₹-28 Mil. Its Operating Income was ₹3,234 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹605 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3234.264/-27.868
=116.06

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

Here, for the three months ended in Mar. 2026, FIEM Industries's Interest Expense was ₹-17 Mil. Its Operating Income was ₹919 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹605 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*918.8/-16.741
=54.88

* 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 54.88 mean?
FIEM Industries (NSE:FIEMIND) has a Interest Coverage of 54.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on FIEM Industries and its competitors. This is 341% above median its historical median of 12.45. Over the past decade, FIEM Industries' Interest Coverage has ranged from 2.91 to 167.13. According to the industry distribution chart, FIEM Industries ranks #114 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 10.7%.
Is FIEM Industries' Interest Coverage too high?
FIEM Industries' current Interest Coverage of 54.88 is 341% above median its 10-year median of 12.45. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 167.13. The Vehicles & Parts industry median Interest Coverage is 8.41. FIEM Industries' value of 54.88 is 552.6% above this industry median. Based on the distribution chart, FIEM Industries ranks #114 out of 1067 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, FIEM Industries has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FIEM Industries' Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, FIEM Industries ranks #114 out of 1067 companies for Interest Coverage. This places FIEM Industries in the top 11% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 8.41. FIEM Industries' value of 54.88 is 552.6% above this benchmark. Historically, FIEM Industries' own Interest Coverage has ranged from 2.91 to 167.13 over the past decade. While the company's 10-year median is 12.45 vs. the industry median of 8.41, FIEM 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.41, based on 1,067 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. FIEM Industries's current Interest Coverage of 54.88 is 552.6% 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 FIEM Industries and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FIEM Industries's current Interest Coverage is 54.88, which is 341% above median its own 10-year median of 12.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FIEM Industries stock overvalued right now?
Based on GuruFocus' analysis, FIEM Industries (NSE:FIEMIND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,879.54, compared to a current price of ₹2,180.70 — trading 16% above its estimated fair value. The current Interest Coverage is 54.88, which is 341% above median its 10-year median of 12.45 and 552.6% above the Vehicles & Parts industry median of 8.41. FIEM Industries' overall GF Score™ is 86/100 with 2 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 FIEM Industries (NSE:FIEMIND), the current Interest Coverage is 54.88 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 FIEM Industries (NSE:FIEMIND) Overvalued in 2026?

Based on GuruFocus' analysis, FIEM Industries stock appears to be overvalued. The current stock price of ₹2,180.70 is trading 16% above its estimated GF Value™ of ₹1,879.54. GuruFocus considers FIEM Industries to be Modestly Overvalued.

Key valuation signals for NSE:FIEMIND:

  • Interest Coverage: 54.88 (341% above median its 10-year median of 12.45)
  • GF Value™: ₹1,879.54 vs. price of ₹2,180.70 (16% above fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 552.6% above the Vehicles & Parts median (#114 of 1067)

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


FIEM Industries Business Description

Other Exchanges 532768:India
Address Udyog Vihar Phase - 1, Plot No. 243, 2nd Floor, Tower A, SP Infocity, Gurugram, HR, IND, 122016
FIEM Industries Ltd is an Indian company engaged in the manufacturing of automotive components. The company has identified two reportable business segments based on the nature of its products. The Automotive segment, which is the key revenue driver, comprises automotive lighting and signaling equipment, rearview mirrors, prismatic mirrors, plastic molded parts, and sheet metal components for motorized vehicles and other parts for automotive. The Other segment comprises LED luminaries, including indoor and outdoor lighting, display panels, and LED-integrated passenger information systems, among others. Geographically, the company generates a majority of its revenue from India and also sells its products outside India.
86GF Score

Get the complete analysis for NSE:FIEMIND

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

₹2,180.70
Price
₹1,879.54
GF Value