Gayatri Projects (NSE:GAYAPROJ) Interest Coverage: 5.38 (As of Mar. 2026) — 334% Above Median


NSE:GAYAPROJ Gayatri Projects Ltd NSE:GAYAPROJ
41 GF Score
Price ₹21.89
GF Value ₹11.71
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Gayatri Projects Interest Coverage?

Gayatri Projects NSE:GAYAPROJ +0.05% 41 Interest Coverage is 5.38 as of Mar. 2026, which is 334% above its 10-year median of 1.24. GuruFocus rates NSE:GAYAPROJ with a GF Score™ of 41/100 and a GF Value™ of ₹11.71 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,349 Construction companies, Gayatri Projects ranks worse than 74128.91% 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. Gayatri Projects's Operating Income for the three months ended in Mar. 2026 was ₹140 Mil. Gayatri Projects's Interest Expense for the three months ended in Mar. 2026 was ₹-26 Mil. Gayatri Projects's interest coverage for the quarter that ended in Mar. 2026 was 5.38. The higher the ratio, the stronger the company's financial strength is.

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


NSE:GAYAPROJ's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.92
* Ranked among companies with meaningful Interest Coverage only.

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


Gayatri Projects  (NSE:GAYAPROJ) 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 .


Gayatri Projects Interest Coverage Related Terms


Gayatri Projects Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gayatri Projects'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.

Gayatri Projects Interest Coverage Chart

Gayatri Projects 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 0.00 0.00 0.00 0.00 0.00

Gayatri Projects 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 0.00 0.00 0.00 0.00 5.38

NSE:GAYAPROJ vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Gayatri Projects'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.


Gayatri Projects Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Gayatri Projects's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Gayatri Projects's Interest Coverage falls into.


NSE:GAYAPROJ
41GF Score
Gayatri Projects Ltd NSE:GAYAPROJ
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gayatri Projects 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.

Gayatri Projects'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, Gayatri Projects's Interest Expense was ₹-183 Mil. Its Operating Income was ₹-297 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Gayatri Projects did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Gayatri Projects's Interest Expense was ₹-26 Mil. Its Operating Income was ₹140 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*139.67/-25.937
=5.38

* 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 5.38 mean?
Gayatri Projects (NSE:GAYAPROJ) has a Interest Coverage of 5.38 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gayatri Projects and its competitors. This is 334% above median its historical median of 1.24. According to the industry distribution chart, Gayatri Projects ranks #999999 out of 1349 companies in the Construction industry.
Is Gayatri Projects' Interest Coverage too high?
Gayatri Projects' current Interest Coverage of 5.38 is 334% above median its 10-year median of 1.24. The Construction industry median Interest Coverage is 7.92. Gayatri Projects' value of 5.38 is 32.1% below this industry median. Based on the distribution chart, Gayatri Projects ranks #999999 out of 1349 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Gayatri Projects has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gayatri Projects' Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Gayatri Projects ranks #999999 out of 1349 companies for Interest Coverage. This places Gayatri Projects in the lower half of its industry. The industry median Interest Coverage is 7.92. Gayatri Projects' value of 5.38 is 32.1% below this benchmark. While the company's 10-year median is 1.24 vs. the industry median of 7.92, Gayatri Projects has consistently been below 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 Construction company?
The median Interest Coverage among Construction companies is 7.92, based on 1,349 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. Gayatri Projects's current Interest Coverage of 5.38 is 32.1% below 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 Gayatri Projects and its competitors. For the Construction industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gayatri Projects's current Interest Coverage is 5.38, which is 334% above median its own 10-year median of 1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gayatri Projects stock overvalued right now?
Based on GuruFocus' analysis, Gayatri Projects (NSE:GAYAPROJ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11.71, compared to a current price of ₹21.89 — trading 86.9% above its estimated fair value. The current Interest Coverage is 5.38, which is 334% above median its 10-year median of 1.24 and 32.1% below the Construction industry median of 7.92. Gayatri Projects' overall GF Score™ is 41/100 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 Gayatri Projects (NSE:GAYAPROJ), the current Interest Coverage is 5.38 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 Gayatri Projects (NSE:GAYAPROJ) Overvalued in 2026?

Based on GuruFocus' analysis, Gayatri Projects stock appears to be overvalued. The current stock price of ₹21.89 is trading 86.9% above its estimated GF Value™ of ₹11.71. GuruFocus considers Gayatri Projects to be Significantly Overvalued.

Key valuation signals for NSE:GAYAPROJ:

  • Interest Coverage: 5.38 (334% above median its 10-year median of 1.24)
  • GF Value™: ₹11.71 vs. price of ₹21.89 (86.9% above fair value)
  • GF Score™: 41/100 with 6 warning signs
  • Industry Position: 32.1% below the Construction median (#999999 of 1349)

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


Gayatri Projects Business Description

Other Exchanges 532767:India
Address B-1, 6-3-1090, Raj Bhavan Road, TSR Towers, Somajiguda, Hyderabad, TG, IND, 500082
Gayatri Projects Ltd is an Indian infrastructure company. Its operations predominantly consist of construction and project activities. It executes works in several high-growth sectors within the infrastructure space, such as roads, irrigation, rail, airport development, power, mining, and industrial works. The company also has a presence in EPC (Engineering Procurement and Construction) construction of roads. It generates revenue from construction and contract activities.
41GF Score

Get the complete analysis for NSE:GAYAPROJ

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

₹21.89
Price
₹11.71
GF Value