Kalana Ispat (NSE:KALANA) Interest Coverage: 2.95 (As of Mar. 2026) — Near Median


NSE:KALANA Kalana Ispat Ltd NSE:KALANA
43 GF Score
Price ₹19.00
! 6 Warning Signs
View Full Analysis

What is Kalana Ispat Interest Coverage?

Kalana Ispat NSE:KALANA 43 Interest Coverage is 2.95 as of Mar. 2026, which is 8% above its 10-year median of 2.73. GuruFocus rates NSE:KALANA with a GF Score™ of 43/100. The stock has 6 warning signs investors should review. Among 456 Steel companies, Kalana Ispat ranks worse than 63.16% 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. Kalana Ispat's Operating Income for the six months ended in Mar. 2026 was ₹5.9 Mil. Kalana Ispat's Interest Expense for the six months ended in Mar. 2026 was ₹-2.0 Mil. Kalana Ispat's interest coverage for the quarter that ended in Mar. 2026 was 2.95. The higher the ratio, the stronger the company's financial strength is.

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

NSE:KALANA' s Interest Coverage Range Over the Past 10 Years
Min: 1.18   Med: 2.73   Max: 14.56
Current: 2.95


NSE:KALANA's Interest Coverage is ranked worse than
63.16% of 456 companies
in the Steel industry
Industry Median: 4.445 vs NSE:KALANA: 2.95

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


Kalana Ispat  (NSE:KALANA) 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 .


Kalana Ispat Interest Coverage Related Terms


Kalana Ispat Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kalana Ispat'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.

Kalana Ispat Interest Coverage Chart

Kalana Ispat Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 1.18 2.24 14.56 6.02 2.95

Kalana Ispat Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage Get a 7-Day Free Trial 1.18 2.24 14.56 6.02 2.95

NSE:KALANA vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Kalana Ispat'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.


Kalana Ispat Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Kalana Ispat's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Kalana Ispat's Interest Coverage falls into.


NSE:KALANA
43GF Score
Kalana Ispat Ltd NSE:KALANA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kalana Ispat 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.

Kalana Ispat'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, Kalana Ispat's Interest Expense was ₹-2.0 Mil. Its Operating Income was ₹5.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5.902/-2.004
=2.95

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

Here, for the six months ended in Mar. 2026, Kalana Ispat's Interest Expense was ₹-2.0 Mil. Its Operating Income was ₹5.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹2.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*5.902/-2.004
=2.95

* 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 2.95 mean?
Kalana Ispat (NSE:KALANA) has a Interest Coverage of 2.95 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kalana Ispat and its competitors. This is near median its historical median of 2.73. Over the past decade, Kalana Ispat's Interest Coverage has ranged from 1.18 to 14.56. According to the industry distribution chart, Kalana Ispat ranks #288 out of 456 companies in the Steel industry, placing it in the top 63.2%.
Is Kalana Ispat's Interest Coverage too high?
Kalana Ispat's current Interest Coverage of 2.95 is near median its 10-year median of 2.73. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 14.56. The Steel industry median Interest Coverage is 4.45. Kalana Ispat's value of 2.95 is 33.6% below this industry median. Based on the distribution chart, Kalana Ispat ranks #288 out of 456 companies in the Steel industry, which is below the industry midpoint. Overall, Kalana Ispat has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Kalana Ispat's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Kalana Ispat ranks #288 out of 456 companies for Interest Coverage. This places Kalana Ispat in the lower half of its industry. The industry median Interest Coverage is 4.45. Kalana Ispat's value of 2.95 is 33.6% below this benchmark. Historically, Kalana Ispat's own Interest Coverage has ranged from 1.18 to 14.56 over the past decade. While the company's 10-year median is 2.73 vs. the industry median of 4.45, Kalana Ispat has consistently been below 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. Kalana Ispat's current Interest Coverage of 2.95 is 33.6% below 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 Kalana Ispat 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. Kalana Ispat's current Interest Coverage is 2.95, which is near median its own 10-year median of 2.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalana Ispat stock overvalued right now?
Kalana Ispat (NSE:KALANA) has a current Interest Coverage of 2.95. The current Interest Coverage is 2.95, which is near median its 10-year median of 2.73 and 33.6% below the Steel industry median of 4.45. Kalana Ispat's overall GF Score™ is 43/100 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 Kalana Ispat (NSE:KALANA), the current Interest Coverage is 2.95 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.

Kalana Ispat Business Description

Address C-918, Venus Stratum Near Jhasi Ki Rani Statue, Azad Society, Nehrunagar, Ahmedabad, GJ, IND, 380015
Kalana Ispat Ltd is engaged in Manufacturing & dealing in casting, moulding and trading of steel and iron products and sale of service (Job work). The company is mainly engaged in manufacturing of M.S. Billets and Alloy Steel Billets of various grades. The company's products are alloy steel billets, M S billets. The company has only one Primary reportable segment viz Iron & Steel Products (i.e. manufacturing of M.S. Billets/Ingots and Alloy Steel Billets/Ingots of various grades). The company mainly operates only in lndia.
43GF Score

Get the complete analysis for NSE:KALANA

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

₹19.00
Price