Jyoti Resins & Adhesives (NSE:JYOTIRES) Interest Coverage: No Debt (1) (As of Jun. 2026) — 100% Below Median

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NSE:JYOTIRES Jyoti Resins & Adhesives Ltd NSE:JYOTIRES
73 GF Score
Price ₹864.55
GF Value ₹1,644.96
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Jyoti Resins & Adhesives Interest Coverage?

Jyoti Resins & Adhesives NSE:JYOTIRES 73 Interest Coverage is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 558.09. GuruFocus rates NSE:JYOTIRES with a GF Score™ of 73/100 and a GF Value™ of ₹1,644.96 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,253 Chemicals companies, Jyoti Resins & Adhesives ranks better than 94.17% 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. Jyoti Resins & Adhesives's Operating Income for the three months ended in Jun. 2026 was ₹122 Mil. Jyoti Resins & Adhesives's Interest Expense for the three months ended in Jun. 2026 was ₹0 Mil. Jyoti Resins & Adhesives has no debt. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Jyoti Resins & Adhesives 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 Jyoti Resins & Adhesives's Interest Coverage or its related term are showing as below:

NSE:JYOTIRES' s Interest Coverage Range Over the Past 10 Years
Min: 1.9   Med: 558.09   Max: 1910.65
Current: 833.33


NSE:JYOTIRES's Interest Coverage is ranked better than
94.17% of 1253 companies
in the Chemicals industry
Industry Median: 10.71 vs NSE:JYOTIRES: 833.33

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


Jyoti Resins & Adhesives  (NSE:JYOTIRES) 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 .


Jyoti Resins & Adhesives Interest Coverage Related Terms


Jyoti Resins & Adhesives Interest Coverage Historical Data

* Premium members only.

The historical data trend for Jyoti Resins & Adhesives'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.

Jyoti Resins & Adhesives Interest Coverage Chart

Jyoti Resins & Adhesives 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 530.23 1,910.65 1,846.93 1,255.57 830.40

Jyoti Resins & Adhesives 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 No Debt No Debt No Debt 271.89 No Debt

NSE:JYOTIRES vs : Interest Coverage Comparison

For the Specialty Chemicals subindustry, Jyoti Resins & Adhesives'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.


Jyoti Resins & Adhesives Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jyoti Resins & Adhesives's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Jyoti Resins & Adhesives's Interest Coverage falls into.


NSE:JYOTIRES
73GF Score
Jyoti Resins & Adhesives Ltd NSE:JYOTIRES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jyoti Resins & Adhesives 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.

Jyoti Resins & Adhesives'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, Jyoti Resins & Adhesives's Interest Expense was ₹-1 Mil. Its Operating Income was ₹830 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*830.4/-1
=830.40

Jyoti Resins & Adhesives's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Jyoti Resins & Adhesives's Interest Expense was ₹0 Mil. Its Operating Income was ₹122 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Jyoti Resins & Adhesives had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Jyoti Resins & Adhesives (NSE:JYOTIRES) has a Interest Coverage of No Debt (1) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Jyoti Resins & Adhesives and its competitors. This is 100% below median its historical median of 558.09. Over the past decade, Jyoti Resins & Adhesives' Interest Coverage has ranged from 1.90 to 1,910.65. According to the industry distribution chart, Jyoti Resins & Adhesives ranks #73 out of 1253 companies in the Chemicals industry, placing it in the top 5.8%.
Is Jyoti Resins & Adhesives' Interest Coverage too high?
Jyoti Resins & Adhesives' current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 558.09. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 1,910.65. Based on the distribution chart, Jyoti Resins & Adhesives ranks #73 out of 1253 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Jyoti Resins & Adhesives has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jyoti Resins & Adhesives' Interest Coverage compare to ?
According to the Chemicals industry distribution chart, Jyoti Resins & Adhesives ranks #73 out of 1253 companies for Interest Coverage. This places Jyoti Resins & Adhesives in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.71. Historically, Jyoti Resins & Adhesives' own Interest Coverage has ranged from 1.90 to 1,910.65 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.71, based on 1,253 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 Jyoti Resins & Adhesives and its competitors. For the Chemicals industry, the median Interest Coverage is 10.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jyoti Resins & Adhesives's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 558.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jyoti Resins & Adhesives stock overvalued right now?
Based on GuruFocus' analysis, Jyoti Resins & Adhesives (NSE:JYOTIRES) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,644.96, compared to a current price of ₹864.55 — trading 47.4% below its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 558.09. Jyoti Resins & Adhesives' overall GF Score™ is 73/100 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 Jyoti Resins & Adhesives (NSE:JYOTIRES), the current Interest Coverage is No Debt (1) 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 Jyoti Resins & Adhesives (NSE:JYOTIRES) Overvalued in 2026?

Based on GuruFocus' analysis, Jyoti Resins & Adhesives stock appears to be undervalued. The current stock price of ₹864.55 is trading 47.4% below its estimated GF Value™ of ₹1,644.96. GuruFocus considers Jyoti Resins & Adhesives to be Significantly Undervalued.

Key valuation signals for NSE:JYOTIRES:

  • Interest Coverage: No Debt (1) (100% below median its 10-year median of 558.09)
  • GF Value™: ₹1,644.96 vs. price of ₹864.55 (47.4% below fair value)
  • GF Score™: 73/100 with 1 warning sign

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


Jyoti Resins & Adhesives Business Description

Comparable Companies
Other Exchanges 514448:India
Address S.G. Highway, 1104-1112 Ellite, Near Shapath Hexa, Near Sola Over bridge, Opposite Kargil Petrol pump, Ahmedabad, GJ, IND, 380060
Jyoti Resins & Adhesives Ltd is in the business of production of Wood Adhesives which are widely used in the fast-moving consumer market on days. The company has launched Euro 7000 under which it manufactures many types of wood adhesives. Some of its products include Euro 7000 Xtra, Euro WP, Euro Extreme3, Euro Ultra, and Euro PVC Glue.
73GF Score

Get the complete analysis for NSE:JYOTIRES

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

₹864.55
Price
₹1,644.96
GF Value