JTL IndustriesNSE:JTLIND +1.50%92 Interest Coverage is 12.63 as of Mar. 2026, which is 16% above its 10-year median of 10.86. GuruFocus rates NSE:JTLIND with a GF Score™ of 92/100 and a GF Value™ of ₹117.02 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 456 Steel companies, JTL Industries ranks better than 69.08% 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. JTL Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹523 Mil. JTL Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-41 Mil.
JTL Industries's interest coverage for the quarter that ended in Mar. 2026 was 12.63.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for JTL Industries's Interest Coverage or its related term are showing as below:
NSE:JTLIND'
s Interest Coverage Range Over the Past 10 Years
Min: 2.42 Med: 10.86 Max: 37.2
Current: 11.91
NSE:JTLIND's Interest Coverage is ranked better than 69.08% of 456
companies
in the Steel industry
Industry Median: 4.445
vs NSE:JTLIND: 11.91
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 .
JTL Industries Interest Coverage Related Terms
JTL Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for JTL Industries'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:JTLIND vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, JTL Industries'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.
JTL Industries Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, JTL Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where JTL Industries'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.
JTL Industries (NSE:JTLIND) has a Interest Coverage of 12.63 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on JTL Industries and its competitors. This is 16% above median its historical median of 10.86. Over the past decade, JTL Industries' Interest Coverage has ranged from 2.42 to 37.20. According to the industry distribution chart, JTL Industries ranks #141 out of 456 companies in the Steel industry, placing it in the top 30.9%.
Is JTL Industries' Interest Coverage too high?
JTL Industries' current Interest Coverage of 12.63 is 16% above median its 10-year median of 10.86. Over the past 10 years, this metric has ranged from a low of 2.42 to a high of 37.20. The Steel industry median Interest Coverage is 4.45. JTL Industries' value of 12.63 is 184.1% above this industry median. Based on the distribution chart, JTL Industries ranks #141 out of 456 companies in the Steel industry, which is above the industry midpoint. Overall, JTL Industries has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JTL Industries' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, JTL Industries ranks #141 out of 456 companies for Interest Coverage. This puts JTL Industries in the upper half of its industry. The industry median Interest Coverage is 4.45. JTL Industries' value of 12.63 is 184.1% above this benchmark. Historically, JTL Industries' own Interest Coverage has ranged from 2.42 to 37.20 over the past decade. While the company's 10-year median is 10.86 vs. the industry median of 4.45, JTL Industries 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. JTL Industries's current Interest Coverage of 12.63 is 184.1% 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 JTL Industries and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JTL Industries's current Interest Coverage is 12.63, which is 16% above median its own 10-year median of 10.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JTL Industries stock overvalued right now?
Based on GuruFocus' analysis, JTL Industries (NSE:JTLIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹117.02, compared to a current price of ₹80.78 — trading 31% below its estimated fair value. The current Interest Coverage is 12.63, which is 16% above median its 10-year median of 10.86 and 184.1% above the Steel industry median of 4.45. JTL Industries' overall GF Score™ is 92/100 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 JTL Industries (NSE:JTLIND), the current Interest Coverage is 12.63 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 JTL Industries (NSE:JTLIND) Overvalued in 2026?
Based on GuruFocus' analysis, JTL Industries stock appears to be undervalued.
The current stock price of ₹80.78 is trading 31% below its estimated GF Value™ of ₹117.02.
GuruFocus considers JTL Industries to be Possible Value Trap.
Key valuation signals for NSE:JTLIND:
Interest Coverage: 12.63 (16% above median its 10-year median of 10.86)
GF Value™: ₹117.02 vs. price of ₹80.78 (31% below fair value)
Industry Position: 184.1% above the Steel median (#141 of 456)
No single metric tells the full story. See the NSE:JTLIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JTL Industries Ltd operates in the metal industry. The company manufactures and is involved in galvanized ERW Steel Pipes and Tubes, hollow sections, and structural steel extensively used in engineering and construction projects. The Company's business operations predominantly relate to the manufacture of a single product, i.e., ERW pipes for selling world wide. The company has a pan-India presence and is globally present in serving continents. It derives maximum revenue from India.
92GF Score
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