Indo Tech Transformers (NSE:INDOTECH) Interest Coverage: 60.92 (As of Mar. 2026) — 96% Above Median


NSE:INDOTECH Indo Tech Transformers Ltd NSE:INDOTECH
80 GF Score
Price ₹3,235.90
GF Value ₹2,146.77
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Indo Tech Transformers Interest Coverage?

Indo Tech Transformers NSE:INDOTECH +5.00% 80 Interest Coverage is 60.92 as of Mar. 2026, which is 96% above its 10-year median of 31.16. GuruFocus rates NSE:INDOTECH with a GF Score™ of 80/100 and a GF Value™ of ₹2,146.77 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,325 Industrial Products companies, Indo Tech Transformers ranks better than 73.03% 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 Tech Transformers's Operating Income for the three months ended in Mar. 2026 was ₹311 Mil. Indo Tech Transformers's Interest Expense for the three months ended in Mar. 2026 was ₹-5 Mil. Indo Tech Transformers's interest coverage for the quarter that ended in Mar. 2026 was 60.92. 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 Tech Transformers Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Indo Tech Transformers's Interest Coverage or its related term are showing as below:

NSE:INDOTECH' s Interest Coverage Range Over the Past 10 Years
Min: 14.39   Med: 31.16   Max: 52.02
Current: 52.02


NSE:INDOTECH's Interest Coverage is ranked better than
73.03% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs NSE:INDOTECH: 52.02

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


Indo Tech Transformers  (NSE:INDOTECH) 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 .


Indo Tech Transformers Interest Coverage Related Terms


Indo Tech Transformers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Indo Tech Transformers'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.

Indo Tech Transformers Interest Coverage Chart

Indo Tech Transformers 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 14.39 17.67 28.52 33.80 52.02

Indo Tech Transformers 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 33.67 44.86 48.00 54.79 60.92

NSE:INDOTECH vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Indo Tech Transformers'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 Tech Transformers Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Indo Tech Transformers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Indo Tech Transformers's Interest Coverage falls into.


NSE:INDOTECH
80GF Score
Indo Tech Transformers Ltd NSE:INDOTECH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indo Tech Transformers 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.

Indo Tech Transformers'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, Indo Tech Transformers's Interest Expense was ₹-22 Mil. Its Operating Income was ₹1,155 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹23 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1154.9/-22.2
=52.02

Indo Tech Transformers's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Indo Tech Transformers's Interest Expense was ₹-5 Mil. Its Operating Income was ₹311 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹23 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*310.7/-5.1
=60.92

* 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 60.92 mean?
Indo Tech Transformers (NSE:INDOTECH) has a Interest Coverage of 60.92 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Indo Tech Transformers and its competitors. This is 96% above median its historical median of 31.16. Over the past decade, Indo Tech Transformers' Interest Coverage has ranged from 14.39 to 52.02. According to the industry distribution chart, Indo Tech Transformers ranks #627 out of 2325 companies in the Industrial Products industry, placing it in the top 27%.
Is Indo Tech Transformers' Interest Coverage too high?
Indo Tech Transformers' current Interest Coverage of 60.92 is 96% above median its 10-year median of 31.16. Over the past 10 years, this metric has ranged from a low of 14.39 to a high of 52.02. The Industrial Products industry median Interest Coverage is 14.80. Indo Tech Transformers' value of 60.92 is 311.6% above this industry median. Based on the distribution chart, Indo Tech Transformers ranks #627 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Indo Tech Transformers has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indo Tech Transformers' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Indo Tech Transformers ranks #627 out of 2325 companies for Interest Coverage. This puts Indo Tech Transformers in the upper half of its industry. The industry median Interest Coverage is 14.80. Indo Tech Transformers' value of 60.92 is 311.6% above this benchmark. Historically, Indo Tech Transformers' own Interest Coverage has ranged from 14.39 to 52.02 over the past decade. While the company's 10-year median is 31.16 vs. the industry median of 14.80, Indo Tech Transformers 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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 Tech Transformers's current Interest Coverage of 60.92 is 311.6% 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 Tech Transformers and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Tech Transformers's current Interest Coverage is 60.92, which is 96% above median its own 10-year median of 31.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indo Tech Transformers stock overvalued right now?
Based on GuruFocus' analysis, Indo Tech Transformers (NSE:INDOTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2,146.77, compared to a current price of ₹3,235.90 — trading 50.7% above its estimated fair value. The current Interest Coverage is 60.92, which is 96% above median its 10-year median of 31.16 and 311.6% above the Industrial Products industry median of 14.80. Indo Tech Transformers' overall GF Score™ is 80/100 with 4 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 Tech Transformers (NSE:INDOTECH), the current Interest Coverage is 60.92 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 Tech Transformers (NSE:INDOTECH) Overvalued in 2026?

Based on GuruFocus' analysis, Indo Tech Transformers stock appears to be overvalued. The current stock price of ₹3,235.90 is trading 50.7% above its estimated GF Value™ of ₹2,146.77. GuruFocus considers Indo Tech Transformers to be Significantly Overvalued.

Key valuation signals for NSE:INDOTECH:

  • Interest Coverage: 60.92 (96% above median its 10-year median of 31.16)
  • GF Value™: ₹2,146.77 vs. price of ₹3,235.90 (50.7% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 311.6% above the Industrial Products median (#627 of 2325)

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


Indo Tech Transformers Business Description

Other Exchanges 532717:India
Address Survey No.153-210, Near Rajakulam, KM-64, Illuppapattu Village, Kancheepuram, TN, IND, 631561
Indo Tech Transformers Ltd is engaged in the business of manufacturing power and distribution transformers and various special application transformers, mobile sub-station transformers, and various special application transformers, mobile sub-station transformers and sub-stations. The Company has its manufacturing plant located at Kancheepuram in Tamil Nadu. The majority of the geographical revenue of the company is generated in India.
80GF Score

Get the complete analysis for NSE:INDOTECH

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

₹3,235.90
Price
₹2,146.77
GF Value