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. Fine Organic Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹1,118 Mil. Fine Organic Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-27 Mil.
Fine Organic Industries's interest coverage for the quarter that ended in Mar. 2026 was 41.26.
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. Fine Organic Industries Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Fine Organic Industries's Interest Coverage or its related term are showing as below:
NSE:FINEORG'
s Interest Coverage Range Over the Past 10 Years
Min: 29.3 Med: 95.83 Max: 550.33
Current: 103.44
NSE:FINEORG's Interest Coverage is ranked better than 84.36% of 1234
companies
in the Chemicals industry
Industry Median: 10.18
vs NSE:FINEORG: 103.44
Fine Organic Industries (NSE:FINEORG) 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 .
Fine Organic Industries Interest Coverage Related Terms
Fine Organic Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Fine Organic 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:FINEORG vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Fine Organic 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.
Fine Organic Industries Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Fine Organic Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Fine Organic Industries's Interest Coverage falls into.
Fine Organic 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:
* 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.
Fine Organic Industries (NSE:FINEORG) has a Interest Coverage of 41.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Fine Organic Industries and its competitors. This is 57% below median its historical median of 95.83. Over the past decade, Fine Organic Industries' Interest Coverage has ranged from 29.30 to 550.33. According to the industry distribution chart, Fine Organic Industries ranks #193 out of 1234 companies in the Chemicals industry, placing it in the top 15.6%.
Is Fine Organic Industries' Interest Coverage too high?
Fine Organic Industries' current Interest Coverage of 41.26 is 57% below median its 10-year median of 95.83. Over the past 10 years, this metric has ranged from a low of 29.30 to a high of 550.33. The Chemicals industry median Interest Coverage is 10.18. Fine Organic Industries' value of 41.26 is 305.3% above this industry median. Based on the distribution chart, Fine Organic Industries ranks #193 out of 1234 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Fine Organic Industries has a GF Score™ of 97/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fine Organic Industries' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Fine Organic Industries ranks #193 out of 1234 companies for Interest Coverage. This places Fine Organic Industries in the top 16% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.18. Fine Organic Industries' value of 41.26 is 305.3% above this benchmark. Historically, Fine Organic Industries' own Interest Coverage has ranged from 29.30 to 550.33 over the past decade. While the company's 10-year median is 95.83 vs. the industry median of 10.18, Fine Organic 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 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. Fine Organic Industries's current Interest Coverage of 41.26 is 305.3% 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 Fine Organic Industries 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. Fine Organic Industries's current Interest Coverage is 41.26, which is 57% below median its own 10-year median of 95.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fine Organic Industries stock overvalued right now?
Based on GuruFocus' analysis, Fine Organic Industries (NSE:FINEORG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹4,745.16, compared to a current price of ₹5,334.10 — trading 12.4% above its estimated fair value. The current Interest Coverage is 41.26, which is 57% below median its 10-year median of 95.83 and 305.3% above the Chemicals industry median of 10.18. Fine Organic Industries' overall GF Score™ is 97/100 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 Fine Organic Industries (NSE:FINEORG), the current Interest Coverage is 41.26 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 Fine Organic Industries (NSE:FINEORG) Overvalued in 2026?
Based on GuruFocus' analysis, Fine Organic Industries stock appears to be overvalued.
The current stock price of ₹5,334.10 is trading 12.4% above its estimated GF Value™ of ₹4,745.16.
GuruFocus considers Fine Organic Industries to be Modestly Overvalued.
Key valuation signals for NSE:FINEORG:
Interest Coverage: 41.26 (57% below median its 10-year median of 95.83)
GF Value™: ₹4,745.16 vs. price of ₹5,334.10 (12.4% above fair value)
Industry Position: 305.3% above the Chemicals median (#193 of 1234)
No single metric tells the full story. See the NSE:FINEORG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fine Organic Industries Ltd is an Indian company engaged in the business of manufacturing oleochemical-based additives. The company produces specialty additives for foods, plastics, rubbers, paints, inks, cosmetics, coatings, textile auxiliaries, and several other specialty applications. Some of the chemicals in its product portfolio are Finalux G 101, Finasoft 100, Finamul 2402, and FinaGreen 1014 among others. Geographically, the company generates a majority of its revenue from outside India by exporting its products to various countries.
97GF Score
Get the complete analysis for NSE:FINEORG
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:FINEORG has been successfully added to your 
