Ind-Swift Laboratories (NSE:INDSWFTLAB) Interest Coverage: 36.66 (As of Jun. 2026) — 2981% Above Median

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NSE:INDSWFTLAB Ind-Swift Laboratories Ltd NSE:INDSWFTLAB
49 GF Score
Price ₹329.59
GF Value ₹51.31
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ind-Swift Laboratories Interest Coverage?

Ind-Swift Laboratories NSE:INDSWFTLAB -1.18% 49 Interest Coverage is 36.66 as of Jun. 2026, which is 2981% above its 10-year median of 1.19. GuruFocus rates NSE:INDSWFTLAB with a GF Score™ of 49/100 and a GF Value™ of ₹51.31 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 684 Drug Manufacturers companies, Ind-Swift Laboratories ranks better than 63.89% 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. Ind-Swift Laboratories's Operating Income for the three months ended in Jun. 2026 was ₹259 Mil. Ind-Swift Laboratories's Interest Expense for the three months ended in Jun. 2026 was ₹-7 Mil. Ind-Swift Laboratories's interest coverage for the quarter that ended in Jun. 2026 was 36.66. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ind-Swift Laboratories's Interest Coverage or its related term are showing as below:

NSE:INDSWFTLAB' s Interest Coverage Range Over the Past 10 Years
Min: 0.46   Med: 1.19   Max: 29.35
Current: 29.35


NSE:INDSWFTLAB's Interest Coverage is ranked better than
63.89% of 684 companies
in the Drug Manufacturers industry
Industry Median: 13.955 vs NSE:INDSWFTLAB: 29.35

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


Ind-Swift Laboratories  (NSE:INDSWFTLAB) 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 .


Ind-Swift Laboratories Interest Coverage Related Terms


Ind-Swift Laboratories Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ind-Swift Laboratories'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.

Ind-Swift Laboratories Interest Coverage Chart

Ind-Swift Laboratories 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 1.01 2.10 2.48 0.00 10.31

Ind-Swift Laboratories Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.18 0.00 0.00 0.00 36.66

NSE:INDSWFTLAB vs ZTS: Interest Coverage Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Ind-Swift Laboratories'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.


Ind-Swift Laboratories Interest Coverage vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ind-Swift Laboratories's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ind-Swift Laboratories's Interest Coverage falls into.


NSE:INDSWFTLAB
49GF Score
Ind-Swift Laboratories Ltd NSE:INDSWFTLAB
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ind-Swift Laboratories 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.

Ind-Swift Laboratories'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, Ind-Swift Laboratories's Interest Expense was ₹-14 Mil. Its Operating Income was ₹145 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹123 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*144.912/-14.049
=10.31

Ind-Swift Laboratories's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Ind-Swift Laboratories's Interest Expense was ₹-7 Mil. Its Operating Income was ₹259 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*258.505/-7.052
=36.66

* 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 36.66 mean?
Ind-Swift Laboratories (NSE:INDSWFTLAB) has a Interest Coverage of 36.66 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ind-Swift Laboratories and its competitors. This is 2981% above median its historical median of 1.19. Over the past decade, Ind-Swift Laboratories' Interest Coverage has ranged from 0.46 to 29.35. According to the industry distribution chart, Ind-Swift Laboratories ranks #247 out of 684 companies in the Drug Manufacturers industry, placing it in the top 36.1%.
Is Ind-Swift Laboratories' Interest Coverage too high?
Ind-Swift Laboratories' current Interest Coverage of 36.66 is 2981% above median its 10-year median of 1.19. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 29.35. The Drug Manufacturers industry median Interest Coverage is 13.96. Ind-Swift Laboratories' value of 36.66 is 162.7% above this industry median. Based on the distribution chart, Ind-Swift Laboratories ranks #247 out of 684 companies in the Drug Manufacturers industry, which is above the industry midpoint. Overall, Ind-Swift Laboratories has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ind-Swift Laboratories' Interest Coverage compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Ind-Swift Laboratories ranks #247 out of 684 companies for Interest Coverage. This puts Ind-Swift Laboratories in the upper half of its industry. The industry median Interest Coverage is 13.96. Ind-Swift Laboratories' value of 36.66 is 162.7% above this benchmark. Historically, Ind-Swift Laboratories' own Interest Coverage has ranged from 0.46 to 29.35 over the past decade. While the company's 10-year median is 1.19 vs. the industry median of 13.96, Ind-Swift Laboratories 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 Drug Manufacturers company?
The median Interest Coverage among Drug Manufacturers companies is 13.96, based on 684 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. Ind-Swift Laboratories's current Interest Coverage of 36.66 is 162.7% 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 Ind-Swift Laboratories and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 13.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ind-Swift Laboratories's current Interest Coverage is 36.66, which is 2981% above median its own 10-year median of 1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ind-Swift Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Ind-Swift Laboratories (NSE:INDSWFTLAB) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹51.31, compared to a current price of ₹329.59 — trading 542.4% above its estimated fair value. The current Interest Coverage is 36.66, which is 2981% above median its 10-year median of 1.19 and 162.7% above the Drug Manufacturers industry median of 13.96. Ind-Swift Laboratories' overall GF Score™ is 49/100 with 6 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 Ind-Swift Laboratories (NSE:INDSWFTLAB), the current Interest Coverage is 36.66 as of Jun. 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 Ind-Swift Laboratories (NSE:INDSWFTLAB) Overvalued in 2026?

Based on GuruFocus' analysis, Ind-Swift Laboratories stock appears to be overvalued. The current stock price of ₹329.59 is trading 542.4% above its estimated GF Value™ of ₹51.31. GuruFocus considers Ind-Swift Laboratories to be Significantly Overvalued.

Key valuation signals for NSE:INDSWFTLAB:

  • Interest Coverage: 36.66 (2981% above median its 10-year median of 1.19)
  • GF Value™: ₹51.31 vs. price of ₹329.59 (542.4% above fair value)
  • GF Score™: 49/100 with 6 warning signs
  • Industry Position: 162.7% above the Drug Manufacturers median (#247 of 684)

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


Ind-Swift Laboratories Business Description

Other Exchanges 532305:India
Address SCO 850, NAC, Shivalik Enclave, Manimajra, Chandigarh, PB, IND, 160101
Ind-Swift Laboratories Ltd is involved in manufacturing Active Pharmaceutical Ingredients (API), Intermediates, and formulations. The company serves various therapeutic segments, including Cardiovascular health, Antihistamines, Antidiabetics, Antipsychotics, Parkinson's disease, Antineoplastics, ADHD Symptoms, Analgesics, Alcohol Abstinence, and Bone Resorption Inhibitors. It operates solely in the pharmaceutical products sector. Geographically, the company supplies both domestic and international markets, with the majority of its revenue coming from outside India.
49GF Score

Get the complete analysis for NSE:INDSWFTLAB

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

₹329.59
Price
₹51.31
GF Value