Godawari Power & Ispat (NSE:GPIL) Interest Coverage: 20.08 (As of Mar. 2026) — 44% Above Median


NSE:GPIL Godawari Power & Ispat Ltd NSE:GPIL
80 GF Score
Price ₹265.40
GF Value ₹204.06
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Godawari Power & Ispat Interest Coverage?

Godawari Power & Ispat NSE:GPIL -0.32% 80 Interest Coverage is 20.08 as of Mar. 2026, which is 44% above its 10-year median of 13.91. GuruFocus rates NSE:GPIL with a GF Score™ of 80/100 and a GF Value™ of ₹204.06 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 458 Steel companies, Godawari Power & Ispat ranks better than 75.33% 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. Godawari Power & Ispat's Operating Income for the three months ended in Mar. 2026 was ₹3,906 Mil. Godawari Power & Ispat's Interest Expense for the three months ended in Mar. 2026 was ₹-195 Mil. Godawari Power & Ispat's interest coverage for the quarter that ended in Mar. 2026 was 20.08. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Godawari Power & Ispat's Interest Coverage or its related term are showing as below:

NSE:GPIL' s Interest Coverage Range Over the Past 10 Years
Min: 0.72   Med: 13.91   Max: 146.34
Current: 18.38


NSE:GPIL's Interest Coverage is ranked better than
75.33% of 458 companies
in the Steel industry
Industry Median: 4.445 vs NSE:GPIL: 18.38

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


Godawari Power & Ispat  (NSE:GPIL) 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 .


Godawari Power & Ispat Interest Coverage Related Terms


Godawari Power & Ispat Interest Coverage Historical Data

* Premium members only.

The historical data trend for Godawari Power & Ispat'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.

Godawari Power & Ispat Interest Coverage Chart

Godawari Power & Ispat 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 146.34 68.14 54.88 18.75 18.38

Godawari Power & Ispat 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 18.55 18.37 19.47 14.78 20.08

NSE:GPIL vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Godawari Power & Ispat'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.


Godawari Power & Ispat Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Godawari Power & Ispat's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Godawari Power & Ispat's Interest Coverage falls into.


NSE:GPIL
80GF Score
Godawari Power & Ispat Ltd NSE:GPIL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Godawari Power & Ispat 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.

Godawari Power & Ispat'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, Godawari Power & Ispat's Interest Expense was ₹-585 Mil. Its Operating Income was ₹10,747 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,534 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*10747.3/-584.6
=18.38

Godawari Power & Ispat's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Godawari Power & Ispat's Interest Expense was ₹-195 Mil. Its Operating Income was ₹3,906 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2,534 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*3906.2/-194.5
=20.08

* 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 20.08 mean?
Godawari Power & Ispat (NSE:GPIL) has a Interest Coverage of 20.08 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Godawari Power & Ispat and its competitors. This is 44% above median its historical median of 13.91. Over the past decade, Godawari Power & Ispat's Interest Coverage has ranged from 0.72 to 146.34. According to the industry distribution chart, Godawari Power & Ispat ranks #113 out of 458 companies in the Steel industry, placing it in the top 24.7%.
Is Godawari Power & Ispat's Interest Coverage too high?
Godawari Power & Ispat's current Interest Coverage of 20.08 is 44% above median its 10-year median of 13.91. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 146.34. The Steel industry median Interest Coverage is 4.45. Godawari Power & Ispat's value of 20.08 is 351.7% above this industry median. Based on the distribution chart, Godawari Power & Ispat ranks #113 out of 458 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Godawari Power & Ispat has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Godawari Power & Ispat's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Godawari Power & Ispat ranks #113 out of 458 companies for Interest Coverage. This places Godawari Power & Ispat in the top 25% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Godawari Power & Ispat's value of 20.08 is 351.7% above this benchmark. Historically, Godawari Power & Ispat's own Interest Coverage has ranged from 0.72 to 146.34 over the past decade. While the company's 10-year median is 13.91 vs. the industry median of 4.45, Godawari Power & Ispat 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 458 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. Godawari Power & Ispat's current Interest Coverage of 20.08 is 351.7% 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 Godawari Power & Ispat and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Godawari Power & Ispat's current Interest Coverage is 20.08, which is 44% above median its own 10-year median of 13.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Godawari Power & Ispat stock overvalued right now?
Based on GuruFocus' analysis, Godawari Power & Ispat (NSE:GPIL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹204.06, compared to a current price of ₹265.40 — trading 30.1% above its estimated fair value. The current Interest Coverage is 20.08, which is 44% above median its 10-year median of 13.91 and 351.7% above the Steel industry median of 4.45. Godawari Power & Ispat's overall GF Score™ is 80/100 with 3 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 Godawari Power & Ispat (NSE:GPIL), the current Interest Coverage is 20.08 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 Godawari Power & Ispat (NSE:GPIL) Overvalued in 2026?

Based on GuruFocus' analysis, Godawari Power & Ispat stock appears to be overvalued. The current stock price of ₹265.40 is trading 30.1% above its estimated GF Value™ of ₹204.06. GuruFocus considers Godawari Power & Ispat to be Modestly Overvalued.

Key valuation signals for NSE:GPIL:

  • Interest Coverage: 20.08 (44% above median its 10-year median of 13.91)
  • GF Value™: ₹204.06 vs. price of ₹265.40 (30.1% above fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 351.7% above the Steel median (#113 of 458)

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


Godawari Power & Ispat Business Description

Other Exchanges 532734:India
Address Hira Arcade, First Floor, Near New Bus Stand, Pandri, Raipur, CT, IND, 492004
Godawari Power & Ispat Ltd is an India-based fully integrated steel company with a presence across the steel value chain extending from iron ore mining to iron ore pellets and value-added steel products. The company has a single primary business segment Iron and Steel which includes captive power, as the captive power generated by the company is used for the production process of iron and steel. The group operates in India. The products offered by the group are Pellets, Sponge iron, Iron and steel billets, Wire rods, Hard black wires, Ferro-alloys, and others.
80GF Score

Get the complete analysis for NSE:GPIL

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

₹265.40
Price
₹204.06
GF Value