Jash Engineering (NSE:JASH) Interest Coverage: 18.83 (As of Mar. 2026) — 260% Above Median


NSE:JASH Jash Engineering Ltd NSE:JASH
94 GF Score
Price ₹550.30
GF Value ₹602.29
Valuation Fairly Valued
! 1 Warning Sign
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What is Jash Engineering Interest Coverage?

Jash Engineering NSE:JASH +2.06% 94 Interest Coverage is 18.83 as of Mar. 2026, which is 260% above its 10-year median of 5.23. GuruFocus rates NSE:JASH with a GF Score™ of 94/100 and a GF Value™ of ₹602.29 (Fairly Valued). The stock has 1 warning sign investors should review. Among 2,329 Industrial Products companies, Jash Engineering ranks worse than 68.14% 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. Jash Engineering's Operating Income for the three months ended in Mar. 2026 was ₹637 Mil. Jash Engineering's Interest Expense for the three months ended in Mar. 2026 was ₹-34 Mil. Jash Engineering's interest coverage for the quarter that ended in Mar. 2026 was 18.83. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Jash Engineering's Interest Coverage or its related term are showing as below:

NSE:JASH' s Interest Coverage Range Over the Past 10 Years
Min: 0.6   Med: 5.23   Max: 10.65
Current: 6.45


NSE:JASH's Interest Coverage is ranked worse than
68.14% of 2329 companies
in the Industrial Products industry
Industry Median: 14.79 vs NSE:JASH: 6.45

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


Jash Engineering  (NSE:JASH) 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 .


Jash Engineering Interest Coverage Related Terms


Jash Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jash Engineering'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.

Jash Engineering Interest Coverage Chart

Jash Engineering 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 5.98 7.78 10.65 8.46 6.45

Jash Engineering 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 13.16 0.00 4.55 3.89 18.83

NSE:JASH vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Jash Engineering'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.


Jash Engineering Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Jash Engineering's Interest Coverage falls into.


NSE:JASH
94GF Score
Jash Engineering Ltd NSE:JASH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jash Engineering 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.

Jash Engineering'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, Jash Engineering's Interest Expense was ₹-128 Mil. Its Operating Income was ₹825 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹413 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*824.893/-127.862
=6.45

Jash Engineering's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Jash Engineering's Interest Expense was ₹-34 Mil. Its Operating Income was ₹637 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹413 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*636.726/-33.815
=18.83

* 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 18.83 mean?
Jash Engineering (NSE:JASH) has a Interest Coverage of 18.83 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jash Engineering and its competitors. This is 260% above median its historical median of 5.23. Over the past decade, Jash Engineering's Interest Coverage has ranged from 0.60 to 10.65. According to the industry distribution chart, Jash Engineering ranks #1587 out of 2329 companies in the Industrial Products industry, placing it in the top 68.1%.
Is Jash Engineering's Interest Coverage too high?
Jash Engineering's current Interest Coverage of 18.83 is 260% above median its 10-year median of 5.23. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 10.65. The Industrial Products industry median Interest Coverage is 14.79. Jash Engineering's value of 18.83 is 27.3% above this industry median. Based on the distribution chart, Jash Engineering ranks #1587 out of 2329 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Jash Engineering has a GF Score™ of 94/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jash Engineering's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Jash Engineering ranks #1587 out of 2329 companies for Interest Coverage. This places Jash Engineering in the lower half of its industry. The industry median Interest Coverage is 14.79. Jash Engineering's value of 18.83 is 27.3% above this benchmark. Historically, Jash Engineering's own Interest Coverage has ranged from 0.60 to 10.65 over the past decade. While the company's 10-year median is 5.23 vs. the industry median of 14.79, Jash Engineering 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 14.79, based on 2,329 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. Jash Engineering's current Interest Coverage of 18.83 is 27.3% 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 Jash Engineering and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jash Engineering's current Interest Coverage is 18.83, which is 260% above median its own 10-year median of 5.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jash Engineering stock overvalued right now?
Based on GuruFocus' analysis, Jash Engineering (NSE:JASH) is currently considered Fairly Valued. The stock's GF Value™ is ₹602.29, compared to a current price of ₹550.30 — trading 8.6% below its estimated fair value. The current Interest Coverage is 18.83, which is 260% above median its 10-year median of 5.23 and 27.3% above the Industrial Products industry median of 14.79. Jash Engineering's overall GF Score™ is 94/100 with 1 warning sign 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 Jash Engineering (NSE:JASH), the current Interest Coverage is 18.83 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 Jash Engineering (NSE:JASH) Overvalued in 2026?

Based on GuruFocus' analysis, Jash Engineering stock appears to be undervalued. The current stock price of ₹550.30 is trading 8.6% below its estimated GF Value™ of ₹602.29. GuruFocus considers Jash Engineering to be Fairly Valued.

Key valuation signals for NSE:JASH:

  • Interest Coverage: 18.83 (260% above median its 10-year median of 5.23)
  • GF Value™: ₹602.29 vs. price of ₹550.30 (8.6% below fair value)
  • GF Score™: 94/100 with 1 warning sign
  • Industry Position: 27.3% above the Industrial Products median (#1587 of 2329)

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


Jash Engineering Business Description

Other Exchanges 544402:India
Address 31, Sector-C, Sanwer Road, Industrial Area, Indore, MP, IND, 452015
Jash Engineering Ltd is an Indian company engaged in the manufacturing and trading of varied engineering products for the general engineering industry, water and wastewater industry, power plants, and bulk solids handling industry. The products of the company include water control gates, mechanized screening systems, screening conveying and washing systems, knife gate valves, water hammer control valves, energy dissipating valves, Archimedes screw pumps, micro-hydro turbines, clarifiers, clarifloculators, flash mixers, and others. Geographically, the company generates maximum revenue from its business outside India through exports, and the rest from its customers within India.
94GF Score

Get the complete analysis for NSE:JASH

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

₹550.30
Price
₹602.29
GF Value