Holmarc Opto-Mechatronics (NSE:HOLMARC) Interest Coverage: 150.12 (As of Mar. 2026) — 489% Above Median


NSE:HOLMARC Holmarc Opto-Mechatronics Ltd NSE:HOLMARC
74 GF Score
Price ₹97.50
GF Value ₹141.40
Valuation Significantly Undervalued
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What is Holmarc Opto-Mechatronics Interest Coverage?

Holmarc Opto-Mechatronics NSE:HOLMARC 74 Interest Coverage is 150.12 as of Mar. 2026, which is 489% above its 10-year median of 25.47. GuruFocus rates NSE:HOLMARC with a GF Score™ of 74/100 and a GF Value™ of ₹141.40 (Significantly Undervalued). Among 1,671 Hardware companies, Holmarc Opto-Mechatronics ranks better than 84.62% 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. Holmarc Opto-Mechatronics's Operating Income for the six months ended in Mar. 2026 was ₹48.8 Mil. Holmarc Opto-Mechatronics's Interest Expense for the six months ended in Mar. 2026 was ₹-0.3 Mil. Holmarc Opto-Mechatronics's interest coverage for the quarter that ended in Mar. 2026 was 150.12. 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. Holmarc Opto-Mechatronics Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Holmarc Opto-Mechatronics's Interest Coverage or its related term are showing as below:

NSE:HOLMARC' s Interest Coverage Range Over the Past 10 Years
Min: 8.71   Med: 25.47   Max: 2440.17
Current: 150.12


NSE:HOLMARC's Interest Coverage is ranked better than
84.62% of 1671 companies
in the Hardware industry
Industry Median: 13.67 vs NSE:HOLMARC: 150.12

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


Holmarc Opto-Mechatronics  (NSE:HOLMARC) 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 .


Holmarc Opto-Mechatronics Interest Coverage Related Terms


Holmarc Opto-Mechatronics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Holmarc Opto-Mechatronics'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.

Holmarc Opto-Mechatronics Interest Coverage Chart

Holmarc Opto-Mechatronics Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 17.25 17.87 33.07 2,440.17 150.12

Holmarc Opto-Mechatronics Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage Get a 7-Day Free Trial 17.25 17.87 33.07 2,440.17 150.12

NSE:HOLMARC vs COHR, KEYS, GRMN: Interest Coverage Comparison

For the Scientific & Technical Instruments subindustry, Holmarc Opto-Mechatronics'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.


Holmarc Opto-Mechatronics Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, Holmarc Opto-Mechatronics's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Holmarc Opto-Mechatronics's Interest Coverage falls into.


NSE:HOLMARC
74GF Score
Holmarc Opto-Mechatronics Ltd NSE:HOLMARC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Holmarc Opto-Mechatronics 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.

Holmarc Opto-Mechatronics'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, Holmarc Opto-Mechatronics's Interest Expense was ₹-0.3 Mil. Its Operating Income was ₹48.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5.2 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*48.79/-0.325
=150.12

Holmarc Opto-Mechatronics's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Holmarc Opto-Mechatronics's Interest Expense was ₹-0.3 Mil. Its Operating Income was ₹48.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹5.2 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*48.79/-0.325
=150.12

* 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 150.12 mean?
Holmarc Opto-Mechatronics (NSE:HOLMARC) has a Interest Coverage of 150.12 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Holmarc Opto-Mechatronics and its competitors. This is 489% above median its historical median of 25.47. Over the past decade, Holmarc Opto-Mechatronics' Interest Coverage has ranged from 8.71 to 2,440.17. According to the industry distribution chart, Holmarc Opto-Mechatronics ranks #257 out of 1671 companies in the Hardware industry, placing it in the top 15.4%.
Is Holmarc Opto-Mechatronics' Interest Coverage too high?
Holmarc Opto-Mechatronics' current Interest Coverage of 150.12 is 489% above median its 10-year median of 25.47. Over the past 10 years, this metric has ranged from a low of 8.71 to a high of 2,440.17. The Hardware industry median Interest Coverage is 13.67. Holmarc Opto-Mechatronics' value of 150.12 is 998.2% above this industry median. Based on the distribution chart, Holmarc Opto-Mechatronics ranks #257 out of 1671 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Holmarc Opto-Mechatronics has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Holmarc Opto-Mechatronics' Interest Coverage compare to COHR and KEYS?
According to the Hardware industry distribution chart, Holmarc Opto-Mechatronics ranks #257 out of 1671 companies for Interest Coverage. This places Holmarc Opto-Mechatronics in the top 15% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 13.67. Holmarc Opto-Mechatronics' value of 150.12 is 998.2% above this benchmark. Historically, Holmarc Opto-Mechatronics' own Interest Coverage has ranged from 8.71 to 2,440.17 over the past decade. While the company's 10-year median is 25.47 vs. the industry median of 13.67, Holmarc Opto-Mechatronics 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.67, based on 1,671 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. Holmarc Opto-Mechatronics's current Interest Coverage of 150.12 is 998.2% 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 Holmarc Opto-Mechatronics and its competitors. For the Hardware industry, the median Interest Coverage is 13.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Holmarc Opto-Mechatronics's current Interest Coverage is 150.12, which is 489% above median its own 10-year median of 25.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Holmarc Opto-Mechatronics stock overvalued right now?
Based on GuruFocus' analysis, Holmarc Opto-Mechatronics (NSE:HOLMARC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹141.40, compared to a current price of ₹97.50 — trading 31% below its estimated fair value. The current Interest Coverage is 150.12, which is 489% above median its 10-year median of 25.47 and 998.2% above the Hardware industry median of 13.67. Holmarc Opto-Mechatronics' overall GF Score™ is 74/100. 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 Holmarc Opto-Mechatronics (NSE:HOLMARC), the current Interest Coverage is 150.12 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 Holmarc Opto-Mechatronics (NSE:HOLMARC) Overvalued in 2026?

Based on GuruFocus' analysis, Holmarc Opto-Mechatronics stock appears to be undervalued. The current stock price of ₹97.50 is trading 31% below its estimated GF Value™ of ₹141.40. GuruFocus considers Holmarc Opto-Mechatronics to be Significantly Undervalued.

Key valuation signals for NSE:HOLMARC:

  • Interest Coverage: 150.12 (489% above median its 10-year median of 25.47)
  • GF Value™: ₹141.40 vs. price of ₹97.50 (31% below fair value)
  • GF Score™: 74/100
  • Industry Position: 998.2% above the Hardware median (#257 of 1671)

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


Holmarc Opto-Mechatronics Business Description

Address Opposite Kalamassery Police Station, Door No. 37/386, Manath Tower, Changampuzha Nagar P.O, Kochi, KL, IND, 682033
Holmarc Opto-Mechatronics Ltd is engaged in manufacturing a variety of scientific and engineering instruments for research, industry, and education i.e. Imaging Instruments, Measuring Instruments, Spectroscopy, Analytical Instruments, Lab Instruments, Physics Lab Instruments, Breadboard/Table Tops, Opto-mechanics, Optics, Linear & Rotation Stages, Motorized Linear & Rotation Stages, Industrial Automation etc.
74GF Score

Get the complete analysis for NSE:HOLMARC

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

₹97.50
Price
₹141.40
GF Value