IMP PowersNSE:INDLMETER Interest Coverage is 8.99 as of Mar. 2026, which is 529% above its 10-year median of 1.43. The stock has 4 warning signs investors should review.
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. IMP Powers's
Operating Income
for the
three
months ended in Mar. 2026 was ₹41.4 Mil. IMP Powers's Interest Expense for the
three
months ended in Mar. 2026 was ₹-4.6 Mil.
IMP Powers's interest coverage for the quarter that ended in Mar. 2026 was 8.99.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for IMP Powers's Interest Coverage or its related term are showing as below:
NSE:INDLMETER's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.88 * Ranked among companies with meaningful Interest Coverage only.
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 .
IMP Powers Interest Coverage Related Terms
IMP Powers Interest Coverage Historical Data
* Premium members only.
The historical data trend for IMP Powers'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.
NSE:INDLMETER vs HUBB, VRT: Interest Coverage Comparison
For the Electrical Equipment & Parts subindustry, IMP Powers'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.
IMP Powers Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, IMP Powers's Interest Coverage distribution charts can be found below:
* The bar in red indicates where IMP Powers's Interest Coverage falls into.
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:
* 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.
IMP Powers (NSE:INDLMETER) has a Interest Coverage of 8.99 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on IMP Powers and its competitors. This is 529% above median its historical median of 1.43.
Is IMP Powers' Interest Coverage too high?
IMP Powers' current Interest Coverage of 8.99 is 529% above median its 10-year median of 1.43. The Industrial Products industry median Interest Coverage is 14.88. IMP Powers' value of 8.99 is 39.6% below this industry median.
How does IMP Powers' Interest Coverage compare to HUBB and VRT?
IMP Powers' Interest Coverage of 8.99 can be compared against companies in the Industrial Products industry. The industry median Interest Coverage is 14.88. IMP Powers' value of 8.99 is 39.6% below this benchmark. While the company's 10-year median is 1.43 vs. the industry median of 14.88, IMP Powers 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.88, based on 2,320 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. IMP Powers's current Interest Coverage of 8.99 is 39.6% 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 IMP Powers and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IMP Powers's current Interest Coverage is 8.99, which is 529% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMP Powers stock overvalued right now?
IMP Powers (NSE:INDLMETER) has a current Interest Coverage of 8.99. The stock's GF Value™ is ₹0.55, compared to a current price of ₹23.69 — trading 4207% above its estimated fair value. The current Interest Coverage is 8.99, which is 529% above median its 10-year median of 1.43 and 39.6% below the Industrial Products industry median of 14.88. 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 IMP Powers (NSE:INDLMETER), the current Interest Coverage is 8.99 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.
IMP Powers Ltd is engaged in the manufacturing of transformers and also setting up small and mini-hydropower plants. Its products include Distribution transformers, Power transformers, EHV transformers, Generator transformers, Station Transformers, and turbines, and also provides Erection and Commissioning services to Small Hydro Projects.
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