GKB Ophthalmics (NSE:GKB) Interest Coverage: 3.72 (As of Jun. 2026) — 131% Above Median

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NSE:GKB GKB Ophthalmics Ltd NSE:GKB
44 GF Score
Price ₹63.00
GF Value ₹179.17
Valuation Significantly Undervalued
! 5 Warning Signs
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What is GKB Ophthalmics Interest Coverage?

GKB Ophthalmics NSE:GKB 44 Interest Coverage is 3.72 as of Jun. 2026, which is 131% above its 10-year median of 1.61. GuruFocus rates NSE:GKB with a GF Score™ of 44/100 and a GF Value™ of ₹179.17 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 468 Medical Devices & Instruments companies, GKB Ophthalmics ranks worse than 85.26% 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. GKB Ophthalmics's Operating Income for the three months ended in Jun. 2026 was ₹19 Mil. GKB Ophthalmics's Interest Expense for the three months ended in Jun. 2026 was ₹-5 Mil. GKB Ophthalmics's interest coverage for the quarter that ended in Jun. 2026 was 3.72. The higher the ratio, the stronger the company's financial strength is.

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

NSE:GKB' s Interest Coverage Range Over the Past 10 Years
Min: 0.69   Med: 1.61   Max: 2.95
Current: 2.89


NSE:GKB's Interest Coverage is ranked worse than
85.26% of 468 companies
in the Medical Devices & Instruments industry
Industry Median: 17.075 vs NSE:GKB: 2.89

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


GKB Ophthalmics  (NSE:GKB) 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 .


GKB Ophthalmics Interest Coverage Related Terms


GKB Ophthalmics Interest Coverage Historical Data

* Premium members only.

The historical data trend for GKB Ophthalmics'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.

GKB Ophthalmics Interest Coverage Chart

GKB Ophthalmics 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 2.10 0.69 0.00 0.00 2.95

GKB Ophthalmics Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.01 3.40 0.73 4.46 3.72

NSE:GKB vs ISRG, BDX, MDLN: Interest Coverage Comparison

For the Medical Instruments & Supplies subindustry, GKB Ophthalmics'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.


GKB Ophthalmics Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, GKB Ophthalmics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where GKB Ophthalmics's Interest Coverage falls into.


NSE:GKB
44GF Score
GKB Ophthalmics Ltd NSE:GKB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GKB Ophthalmics 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.

GKB Ophthalmics'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, GKB Ophthalmics's Interest Expense was ₹-18 Mil. Its Operating Income was ₹54 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹16 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*53.996/-18.274
=2.95

GKB Ophthalmics's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, GKB Ophthalmics's Interest Expense was ₹-5 Mil. Its Operating Income was ₹19 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*19.055/-5.125
=3.72

* 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 3.72 mean?
GKB Ophthalmics (NSE:GKB) has a Interest Coverage of 3.72 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on GKB Ophthalmics and its competitors. This is 131% above median its historical median of 1.61. Over the past decade, GKB Ophthalmics' Interest Coverage has ranged from 0.69 to 2.95. According to the industry distribution chart, GKB Ophthalmics ranks #399 out of 468 companies in the Medical Devices & Instruments industry, placing it in the top 85.3%.
Is GKB Ophthalmics' Interest Coverage too high?
GKB Ophthalmics' current Interest Coverage of 3.72 is 131% above median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.95. The Medical Devices & Instruments industry median Interest Coverage is 17.08. GKB Ophthalmics' value of 3.72 is 78.2% below this industry median. Based on the distribution chart, GKB Ophthalmics ranks #399 out of 468 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, GKB Ophthalmics has a GF Score™ of 44/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GKB Ophthalmics' Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, GKB Ophthalmics ranks #399 out of 468 companies for Interest Coverage. This places GKB Ophthalmics in the lower half of its industry. The industry median Interest Coverage is 17.08. GKB Ophthalmics' value of 3.72 is 78.2% below this benchmark. Historically, GKB Ophthalmics' own Interest Coverage has ranged from 0.69 to 2.95 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 17.08, GKB Ophthalmics 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 17.08, based on 468 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. GKB Ophthalmics's current Interest Coverage of 3.72 is 78.2% 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 GKB Ophthalmics and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 17.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GKB Ophthalmics's current Interest Coverage is 3.72, which is 131% above median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GKB Ophthalmics stock overvalued right now?
Based on GuruFocus' analysis, GKB Ophthalmics (NSE:GKB) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹179.17, compared to a current price of ₹63.00 — trading 64.8% below its estimated fair value. The current Interest Coverage is 3.72, which is 131% above median its 10-year median of 1.61 and 78.2% below the Medical Devices & Instruments industry median of 17.08. GKB Ophthalmics' overall GF Score™ is 44/100 with 5 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 GKB Ophthalmics (NSE:GKB), the current Interest Coverage is 3.72 as of Jun. 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 GKB Ophthalmics (NSE:GKB) Overvalued in 2026?

Based on GuruFocus' analysis, GKB Ophthalmics stock appears to be undervalued. The current stock price of ₹63.00 is trading 64.8% below its estimated GF Value™ of ₹179.17. GuruFocus considers GKB Ophthalmics to be Significantly Undervalued.

Key valuation signals for NSE:GKB:

  • Interest Coverage: 3.72 (131% above median its 10-year median of 1.61)
  • GF Value™: ₹179.17 vs. price of ₹63.00 (64.8% below fair value)
  • GF Score™: 44/100 with 5 warning signs
  • Industry Position: 78.2% below the Medical Devices & Instruments median (#399 of 468)

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


GKB Ophthalmics Business Description

Other Exchanges 533212:India
Address 16-A, Tivim Industrial Estate, Mapusa, GA, IND, 403 526
GKB Ophthalmics Ltd is an India-based company engaged in manufacturing and exporting ophthalmics lenses. It manufactures glass and plastic lenses both semi-finished and finished forms. The other products of the company include Organic lenses, Glass moulds, and Bifocal moulds. The company sells its products in India and also exports globally. Geographically, the majority of its revenue is generated from outside of India.
44GF Score

Get the complete analysis for NSE:GKB

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

₹63.00
Price
₹179.17
GF Value