Indian Metals & Ferro Alloys (NSE:IMFA) Interest Coverage: 12.52 (As of Mar. 2026) — 24% Above Median


NSE:IMFA Indian Metals & Ferro Alloys Ltd NSE:IMFA
65 GF Score
Price ₹1,315.00
GF Value ₹832.15
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Indian Metals & Ferro Alloys Interest Coverage?

Indian Metals & Ferro Alloys NSE:IMFA -0.90% 65 Interest Coverage is 12.52 as of Mar. 2026, which is 24% above its 10-year median of 10.10. GuruFocus rates NSE:IMFA with a GF Score™ of 65/100 and a GF Value™ of ₹832.15 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,318 Metals & Mining companies, Indian Metals & Ferro Alloys ranks worse than 77.54% 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. Indian Metals & Ferro Alloys's Operating Income for the three months ended in Mar. 2026 was ₹1,414 Mil. Indian Metals & Ferro Alloys's Interest Expense for the three months ended in Mar. 2026 was ₹-113 Mil. Indian Metals & Ferro Alloys's interest coverage for the quarter that ended in Mar. 2026 was 12.52. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Indian Metals & Ferro Alloys's Interest Coverage or its related term are showing as below:

NSE:IMFA' s Interest Coverage Range Over the Past 10 Years
Min: 0.51   Med: 10.1   Max: 18.5
Current: 14.88


NSE:IMFA's Interest Coverage is ranked worse than
77.54% of 1318 companies
in the Metals & Mining industry
Industry Median: No Debt vs NSE:IMFA: 14.88

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


Indian Metals & Ferro Alloys  (NSE:IMFA) 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 .


Indian Metals & Ferro Alloys Interest Coverage Related Terms


Indian Metals & Ferro Alloys Interest Coverage Historical Data

* Premium members only.

The historical data trend for Indian Metals & Ferro Alloys'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.

Indian Metals & Ferro Alloys Interest Coverage Chart

Indian Metals & Ferro Alloys 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 15.50 15.24 18.35 18.50 14.88

Indian Metals & Ferro Alloys 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 6.05 15.80 16.10 16.07 12.52

Indian Metals & Ferro Alloys Interest Coverage Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Indian Metals & Ferro Alloys'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.


Indian Metals & Ferro Alloys Interest Coverage vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Indian Metals & Ferro Alloys's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indian Metals & Ferro Alloys's Interest Coverage falls into.


NSE:IMFA
65GF Score
Indian Metals & Ferro Alloys Ltd NSE:IMFA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Metals & Ferro Alloys 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.

Indian Metals & Ferro Alloys'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, Indian Metals & Ferro Alloys's Interest Expense was ₹-352 Mil. Its Operating Income was ₹5,242 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,267 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5242.2/-352.2
=14.88

Indian Metals & Ferro Alloys's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Indian Metals & Ferro Alloys's Interest Expense was ₹-113 Mil. Its Operating Income was ₹1,414 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,267 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1413.9/-112.9
=12.52

* 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 12.52 mean?
Indian Metals & Ferro Alloys (NSE:IMFA) has a Interest Coverage of 12.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indian Metals & Ferro Alloys and its competitors. This is 24% above median its historical median of 10.10. Over the past decade, Indian Metals & Ferro Alloys' Interest Coverage has ranged from 0.51 to 18.50. According to the industry distribution chart, Indian Metals & Ferro Alloys ranks #1022 out of 1318 companies in the Metals & Mining industry, placing it in the top 77.5%.
Is Indian Metals & Ferro Alloys' Interest Coverage too high?
Indian Metals & Ferro Alloys' current Interest Coverage of 12.52 is 24% above median its 10-year median of 10.10. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 18.50. The Metals & Mining industry median Interest Coverage is 10,000.00. Indian Metals & Ferro Alloys' value of 12.52 is 99.9% below this industry median. Based on the distribution chart, Indian Metals & Ferro Alloys ranks #1022 out of 1318 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Indian Metals & Ferro Alloys has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indian Metals & Ferro Alloys' Interest Coverage compare to competitors?
According to the Metals & Mining industry distribution chart, Indian Metals & Ferro Alloys ranks #1022 out of 1318 companies for Interest Coverage. This places Indian Metals & Ferro Alloys in the lower half of its industry. The industry median Interest Coverage is 10,000.00. Indian Metals & Ferro Alloys' value of 12.52 is 99.9% below this benchmark. Historically, Indian Metals & Ferro Alloys' own Interest Coverage has ranged from 0.51 to 18.50 over the past decade. While the company's 10-year median is 10.10 vs. the industry median of 10,000.00, Indian Metals & Ferro Alloys 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 Metals & Mining company?
The median Interest Coverage among Metals & Mining companies is 10,000.00, based on 1,318 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. Indian Metals & Ferro Alloys's current Interest Coverage of 12.52 is 99.9% 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 Indian Metals & Ferro Alloys and its competitors. For the Metals & Mining industry, the median Interest Coverage is 10,000.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Metals & Ferro Alloys's current Interest Coverage is 12.52, which is 24% above median its own 10-year median of 10.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Metals & Ferro Alloys stock overvalued right now?
Based on GuruFocus' analysis, Indian Metals & Ferro Alloys (NSE:IMFA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹832.15, compared to a current price of ₹1,315.00 — trading 58% above its estimated fair value. The current Interest Coverage is 12.52, which is 24% above median its 10-year median of 10.10 and 99.9% below the Metals & Mining industry median of 10,000.00. Indian Metals & Ferro Alloys' overall GF Score™ is 65/100 with 1 warning sign 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 Indian Metals & Ferro Alloys (NSE:IMFA), the current Interest Coverage is 12.52 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 Indian Metals & Ferro Alloys (NSE:IMFA) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Metals & Ferro Alloys stock appears to be overvalued. The current stock price of ₹1,315.00 is trading 58% above its estimated GF Value™ of ₹832.15. GuruFocus considers Indian Metals & Ferro Alloys to be Significantly Overvalued.

Key valuation signals for NSE:IMFA:

  • Interest Coverage: 12.52 (24% above median its 10-year median of 10.10)
  • GF Value™: ₹832.15 vs. price of ₹1,315.00 (58% above fair value)
  • GF Score™: 65/100 with 1 warning sign
  • Industry Position: 99.9% below the Metals & Mining median (#1022 of 1318)

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


Indian Metals & Ferro Alloys Business Description

Other Exchanges 533047:India
Address Bomikhal, IMFA Building, P.O. Rasulgarh, Bhubaneswar, OR, IND, 751010
Indian Metals & Ferro Alloys Ltd is a producer of value-added ferrochrome in India, with operations spanning the entire value chain from captive chromite mining and power generation to smelting and exports of ferrochrome. The group's reportable segments are Ferro Alloys, Power, Mining, and All Other segments. The majority of its revenue is generated from the Ferro Alloys segment, which produces value-added ferrochrome, which has extensive applications in the manufacture of specialty alloys and stainless steels. Geographically, the majority of the group's revenue is generated through the exports of its products to its customers outside India in countries such as South Korea, China, Taiwan, Japan, and others.
65GF Score

Get the complete analysis for NSE:IMFA

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

₹1,315.00
Price
₹832.15
GF Value