JSW HoldingsNSE:JSWHL -0.47%75 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates NSE:JSWHL with a GF Score™ of 75/100 and a GF Value™ of ₹10,041.56 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 426 Conglomerates companies, JSW Holdings ranks better than 99.06% 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. JSW Holdings's
Operating Income
for the
three
months ended in Mar. 2026 was ₹300 Mil. JSW Holdings's Interest Expense for the
three
months ended in Mar. 2026 was ₹0 Mil.
JSW Holdings has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
JSW Holdings Ltd has no debt.
(1) 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.
The historical rank and industry rank for JSW Holdings's Interest Coverage or its related term are showing as below:
NSE:JSWHL'
s Interest Coverage Range Over the Past 10 Years
Min: 1298.41 Med: No Debt Max: No Debt
Current: No Debt
NSE:JSWHL's Interest Coverage is ranked better than 99.06% of 426
companies
in the Conglomerates industry
Industry Median: 5.31
vs NSE:JSWHL: No Debt
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 .
JSW Holdings Interest Coverage Related Terms
JSW Holdings Interest Coverage Historical Data
* Premium members only.
The historical data trend for JSW Holdings'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:JSWHL vs HON, MMM: Interest Coverage Comparison
For the Conglomerates subindustry, JSW Holdings'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.
JSW Holdings Interest Coverage vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, JSW Holdings's Interest Coverage distribution charts can be found below:
* The bar in red indicates where JSW Holdings'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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
JSW Holdings (NSE:JSWHL) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on JSW Holdings and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, JSW Holdings' Interest Coverage has ranged from 1,298.41 to 10,000.00. According to the industry distribution chart, JSW Holdings ranks #4 out of 426 companies in the Conglomerates industry, placing it in the top 0.90000000000001%.
Is JSW Holdings' Interest Coverage too high?
JSW Holdings' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 1,298.41 to a high of 10,000.00. Based on the distribution chart, JSW Holdings ranks #4 out of 426 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, JSW Holdings has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Holdings' Interest Coverage compare to HON and MMM?
According to the Conglomerates industry distribution chart, JSW Holdings ranks #4 out of 426 companies for Interest Coverage. This places JSW Holdings in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.31. Historically, JSW Holdings' own Interest Coverage has ranged from 1,298.41 to 10,000.00 over the past decade. 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 Conglomerates company?
The median Interest Coverage among Conglomerates companies is 5.31, based on 426 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. 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 JSW Holdings and its competitors. For the Conglomerates industry, the median Interest Coverage is 5.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Holdings's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Holdings stock overvalued right now?
Based on GuruFocus' analysis, JSW Holdings (NSE:JSWHL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹10,041.56, compared to a current price of ₹12,150.00 — trading 21% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. JSW Holdings' overall GF Score™ is 75/100 with 5 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 JSW Holdings (NSE:JSWHL), the current Interest Coverage is No Debt (1) 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 JSW Holdings (NSE:JSWHL) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Holdings stock appears to be overvalued.
The current stock price of ₹12,150.00 is trading 21% above its estimated GF Value™ of ₹10,041.56.
GuruFocus considers JSW Holdings to be Modestly Overvalued.
Key valuation signals for NSE:JSWHL:
Interest Coverage: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: ₹10,041.56 vs. price of ₹12,150.00 (21% above fair value)
No single metric tells the full story. See the NSE:JSWHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Holdings Ltd is a conglomerate company with businesses in steel, energy, infrastructure, and cement. Its primary business segment is Investing and Financing. It derives revenue from Interest Income, Dividend Income, and Pledge Fees. Product offering under Steel includes Hot Rolled, Cold Rolled, Color Coated Products, Galvanized, Galvalume, Avante Steel Doors, and Light Steel Building solutions. The infrastructure business develops seaports and terminals, shipyards, townships, port-based special economic zone, industrial clusters, and last-mile connectivity projects.
75GF Score
Get the complete analysis for NSE:JSWHL
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:JSWHL has been successfully added to your 
