Indo Borax & ChemicalsNSE:INDOBORAX -1.49%71 Interest Coverage is 188.40 as of Mar. 2026, which is 80% below its 10-year median of 938.97. GuruFocus rates NSE:INDOBORAX with a GF Score™ of 71/100 and a GF Value™ of ₹217.71 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,237 Chemicals companies, Indo Borax & Chemicals ranks better than 93.21% 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. Indo Borax & Chemicals's
Operating Income
for the
three
months ended in Mar. 2026 was ₹122 Mil. Indo Borax & Chemicals's Interest Expense for the
three
months ended in Mar. 2026 was ₹-1 Mil.
Indo Borax & Chemicals's interest coverage for the quarter that ended in Mar. 2026 was 188.40.
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. Indo Borax & Chemicals Ltd has enough cash to cover all of its debt. Its financial situation is stable.
The historical rank and industry rank for Indo Borax & Chemicals's Interest Coverage or its related term are showing as below:
NSE:INDOBORAX'
s Interest Coverage Range Over the Past 10 Years
Min: 53.05 Med: 938.97 Max: 12412.21
Current: 620.3
NSE:INDOBORAX's Interest Coverage is ranked better than 93.21% of 1237
companies
in the Chemicals industry
Industry Median: 10.21
vs NSE:INDOBORAX: 620.30
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 .
Indo Borax & Chemicals Interest Coverage Related Terms
Indo Borax & Chemicals Interest Coverage Historical Data
* Premium members only.
The historical data trend for Indo Borax & Chemicals'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:INDOBORAX vs DOW: Interest Coverage Comparison
For the Chemicals subindustry, Indo Borax & Chemicals'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.
Indo Borax & Chemicals Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Indo Borax & Chemicals's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Indo Borax & Chemicals'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.
Indo Borax & Chemicals (NSE:INDOBORAX) has a Interest Coverage of 188.40 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indo Borax & Chemicals and its competitors. This is 80% below median its historical median of 938.97. Over the past decade, Indo Borax & Chemicals' Interest Coverage has ranged from 53.05 to 12,412.21. According to the industry distribution chart, Indo Borax & Chemicals ranks #84 out of 1237 companies in the Chemicals industry, placing it in the top 6.8%.
Is Indo Borax & Chemicals' Interest Coverage too high?
Indo Borax & Chemicals' current Interest Coverage of 188.40 is 80% below median its 10-year median of 938.97. Over the past 10 years, this metric has ranged from a low of 53.05 to a high of 12,412.21. The Chemicals industry median Interest Coverage is 10.21. Indo Borax & Chemicals' value of 188.40 is 1745.2% above this industry median. Based on the distribution chart, Indo Borax & Chemicals ranks #84 out of 1237 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Indo Borax & Chemicals has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Borax & Chemicals' Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Indo Borax & Chemicals ranks #84 out of 1237 companies for Interest Coverage. This places Indo Borax & Chemicals in the top 7% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.21. Indo Borax & Chemicals' value of 188.40 is 1745.2% above this benchmark. Historically, Indo Borax & Chemicals' own Interest Coverage has ranged from 53.05 to 12,412.21 over the past decade. While the company's 10-year median is 938.97 vs. the industry median of 10.21, Indo Borax & Chemicals 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 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. Indo Borax & Chemicals's current Interest Coverage of 188.40 is 1745.2% 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 Indo Borax & Chemicals and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Borax & Chemicals's current Interest Coverage is 188.40, which is 80% below median its own 10-year median of 938.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Borax & Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Indo Borax & Chemicals (NSE:INDOBORAX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹217.71, compared to a current price of ₹380.50 — trading 74.8% above its estimated fair value. The current Interest Coverage is 188.40, which is 80% below median its 10-year median of 938.97 and 1745.2% above the Chemicals industry median of 10.21. Indo Borax & Chemicals' overall GF Score™ is 71/100 with 9 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 Indo Borax & Chemicals (NSE:INDOBORAX), the current Interest Coverage is 188.40 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 Indo Borax & Chemicals (NSE:INDOBORAX) Overvalued in 2026?
Based on GuruFocus' analysis, Indo Borax & Chemicals stock appears to be overvalued.
The current stock price of ₹380.50 is trading 74.8% above its estimated GF Value™ of ₹217.71.
GuruFocus considers Indo Borax & Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:INDOBORAX:
Interest Coverage: 188.40 (80% below median its 10-year median of 938.97)
GF Value™: ₹217.71 vs. price of ₹380.50 (74.8% above fair value)
Industry Position: 1745.2% above the Chemicals median (#84 of 1237)
No single metric tells the full story. See the NSE:INDOBORAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indo Borax & Chemicals Ltd is engaged in the manufacturing and selling of chemical products. The company's product offerings include Boric acid powder, Boric acid granular, Boric acid, Borax decahydrate granular and Borax decahydrate crystal. The company is operating in a single reportable segment i.e. manufacturing and selling of Chemicals. Its products Boric acid powder has applications in metallurgical operation, electroplating industry, nylon dyeing, nylon manufacturing and agricultural use. It derives revenues from the sale of manufactured goods, traded goods and related services.
71GF Score
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