Indian Hume Pipe Co (NSE:INDIANHUME) Interest Coverage: 2.86 (As of Mar. 2026) — Near Median


NSE:INDIANHUME Indian Hume Pipe Co Ltd NSE:INDIANHUME
74 GF Score
Price ₹367.05
GF Value ₹328.29
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Indian Hume Pipe Co Interest Coverage?

Indian Hume Pipe Co NSE:INDIANHUME +5.25% 74 Interest Coverage is 2.86 as of Mar. 2026, which is 1% above its 10-year median of 2.82. GuruFocus rates NSE:INDIANHUME with a GF Score™ of 74/100 and a GF Value™ of ₹328.29 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,359 Construction companies, Indian Hume Pipe Co ranks worse than 76.45% 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 Hume Pipe Co's Operating Income for the three months ended in Mar. 2026 was ₹331 Mil. Indian Hume Pipe Co's Interest Expense for the three months ended in Mar. 2026 was ₹-116 Mil. Indian Hume Pipe Co's interest coverage for the quarter that ended in Mar. 2026 was 2.86. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Indian Hume Pipe Co's Interest Coverage or its related term are showing as below:

NSE:INDIANHUME' s Interest Coverage Range Over the Past 10 Years
Min: 1.6   Med: 2.82   Max: 5.17
Current: 2.66


NSE:INDIANHUME's Interest Coverage is ranked worse than
76.45% of 1359 companies
in the Construction industry
Industry Median: 7.81 vs NSE:INDIANHUME: 2.66

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 Hume Pipe Co  (NSE:INDIANHUME) 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 Hume Pipe Co Interest Coverage Related Terms


Indian Hume Pipe Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Indian Hume Pipe Co'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 Hume Pipe Co Interest Coverage Chart

Indian Hume Pipe Co 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 2.51 1.94 2.68 2.96 3.01

Indian Hume Pipe Co 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 3.20 2.44 3.84 1.45 2.86

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

For the Engineering & Construction subindustry, Indian Hume Pipe Co'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 Hume Pipe Co Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Indian Hume Pipe Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indian Hume Pipe Co's Interest Coverage falls into.


NSE:INDIANHUME
74GF Score
Indian Hume Pipe Co Ltd NSE:INDIANHUME
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Hume Pipe Co 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 Hume Pipe Co'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 Hume Pipe Co's Interest Expense was ₹-425 Mil. Its Operating Income was ₹1,281 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹45 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1280.908/-425.363
=3.01

Indian Hume Pipe Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Indian Hume Pipe Co's Interest Expense was ₹-116 Mil. Its Operating Income was ₹331 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹45 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*331.056/-115.58
=2.86

* 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 2.86 mean?
Indian Hume Pipe Co (NSE:INDIANHUME) has a Interest Coverage of 2.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indian Hume Pipe Co and its competitors. This is near median its historical median of 2.82. Over the past decade, Indian Hume Pipe Co's Interest Coverage has ranged from 1.60 to 5.17. According to the industry distribution chart, Indian Hume Pipe Co ranks #1039 out of 1359 companies in the Construction industry, placing it in the top 76.5%.
Is Indian Hume Pipe Co's Interest Coverage too high?
Indian Hume Pipe Co's current Interest Coverage of 2.86 is near median its 10-year median of 2.82. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 5.17. The Construction industry median Interest Coverage is 7.81. Indian Hume Pipe Co's value of 2.86 is 63.4% below this industry median. Based on the distribution chart, Indian Hume Pipe Co ranks #1039 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Indian Hume Pipe Co has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indian Hume Pipe Co's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Indian Hume Pipe Co ranks #1039 out of 1359 companies for Interest Coverage. This places Indian Hume Pipe Co in the lower half of its industry. The industry median Interest Coverage is 7.81. Indian Hume Pipe Co's value of 2.86 is 63.4% below this benchmark. Historically, Indian Hume Pipe Co's own Interest Coverage has ranged from 1.60 to 5.17 over the past decade. While the company's 10-year median is 2.82 vs. the industry median of 7.81, Indian Hume Pipe Co 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 7.81, based on 1,359 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 Hume Pipe Co's current Interest Coverage of 2.86 is 63.4% 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 Hume Pipe Co and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Hume Pipe Co's current Interest Coverage is 2.86, which is near median its own 10-year median of 2.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Hume Pipe Co stock overvalued right now?
Based on GuruFocus' analysis, Indian Hume Pipe Co (NSE:INDIANHUME) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹328.29, compared to a current price of ₹367.05 — trading 11.8% above its estimated fair value. The current Interest Coverage is 2.86, which is near median its 10-year median of 2.82 and 63.4% below the Construction industry median of 7.81. Indian Hume Pipe Co's overall GF Score™ is 74/100 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 Indian Hume Pipe Co (NSE:INDIANHUME), the current Interest Coverage is 2.86 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 Hume Pipe Co (NSE:INDIANHUME) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Hume Pipe Co stock appears to be overvalued. The current stock price of ₹367.05 is trading 11.8% above its estimated GF Value™ of ₹328.29. GuruFocus considers Indian Hume Pipe Co to be Modestly Overvalued.

Key valuation signals for NSE:INDIANHUME:

  • Interest Coverage: 2.86 (near median its 10-year median of 2.82)
  • GF Value™: ₹328.29 vs. price of ₹367.05 (11.8% above fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 63.4% below the Construction median (#1039 of 1359)

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


Indian Hume Pipe Co Business Description

Other Exchanges 504741:India
Address 5, Walchand Hirachand Road, Construction House, 2nd Floor, Ballard Estate, Mumbai, MH, IND, 400 001
Indian Hume Pipe Co Ltd manufactures and markets Hume Pipes and allied products. The company is engaged in the business of manufacturing, laying, and jointing pipelines. The company also undertakes infrastructure development programs by way of execution on a turnkey basis for the combined water supply projects. The company also manufactures and supplies Concrete Railway Sleepers to Indian Railways. The segments of the company are Construction and Land Development. The company generates maximum revenue from the Construction segment.
74GF Score

Get the complete analysis for NSE:INDIANHUME

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

₹367.05
Price
₹328.29
GF Value