Kalyani SteelsNSE:KSL -0.88%78 Interest Coverage is 57.55 as of Mar. 2026, which is 97% above its 10-year median of 29.21. GuruFocus rates NSE:KSL with a GF Score™ of 78/100 and a GF Value™ of ₹760.62 (Fairly Valued). The stock has 5 warning signs investors should review. Among 456 Steel companies, Kalyani Steels ranks better than 81.8% 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. Kalyani Steels's
Operating Income
for the
three
months ended in Mar. 2026 was ₹853 Mil. Kalyani Steels's Interest Expense for the
three
months ended in Mar. 2026 was ₹-15 Mil.
Kalyani Steels's interest coverage for the quarter that ended in Mar. 2026 was 57.55.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Kalyani Steels's Interest Coverage or its related term are showing as below:
NSE:KSL'
s Interest Coverage Range Over the Past 10 Years
Min: 8.46 Med: 29.21 Max: 90.62
Current: 35.22
NSE:KSL's Interest Coverage is ranked better than 81.8% of 456
companies
in the Steel industry
Industry Median: 4.445
vs NSE:KSL: 35.22
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 .
Kalyani Steels Interest Coverage Related Terms
Kalyani Steels Interest Coverage Historical Data
* Premium members only.
The historical data trend for Kalyani Steels'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:KSL vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Kalyani Steels'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.
Kalyani Steels Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Kalyani Steels's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Kalyani Steels'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.
Kalyani Steels (NSE:KSL) has a Interest Coverage of 57.55 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kalyani Steels and its competitors. This is 97% above median its historical median of 29.21. Over the past decade, Kalyani Steels' Interest Coverage has ranged from 8.46 to 90.62. According to the industry distribution chart, Kalyani Steels ranks #83 out of 456 companies in the Steel industry, placing it in the top 18.2%.
Is Kalyani Steels' Interest Coverage too high?
Kalyani Steels' current Interest Coverage of 57.55 is 97% above median its 10-year median of 29.21. Over the past 10 years, this metric has ranged from a low of 8.46 to a high of 90.62. The Steel industry median Interest Coverage is 4.45. Kalyani Steels' value of 57.55 is 1194.7% above this industry median. Based on the distribution chart, Kalyani Steels ranks #83 out of 456 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Kalyani Steels has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kalyani Steels' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Kalyani Steels ranks #83 out of 456 companies for Interest Coverage. This places Kalyani Steels in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.45. Kalyani Steels' value of 57.55 is 1194.7% above this benchmark. Historically, Kalyani Steels' own Interest Coverage has ranged from 8.46 to 90.62 over the past decade. While the company's 10-year median is 29.21 vs. the industry median of 4.45, Kalyani Steels 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. Kalyani Steels's current Interest Coverage of 57.55 is 1194.7% 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 Kalyani Steels 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. Kalyani Steels's current Interest Coverage is 57.55, which is 97% above median its own 10-year median of 29.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalyani Steels stock overvalued right now?
Based on GuruFocus' analysis, Kalyani Steels (NSE:KSL) is currently considered Fairly Valued. The stock's GF Value™ is ₹760.62, compared to a current price of ₹818.70 — trading 7.6% above its estimated fair value. The current Interest Coverage is 57.55, which is 97% above median its 10-year median of 29.21 and 1194.7% above the Steel industry median of 4.45. Kalyani Steels' overall GF Score™ is 78/100 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 Kalyani Steels (NSE:KSL), the current Interest Coverage is 57.55 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 Kalyani Steels (NSE:KSL) Overvalued in 2026?
Based on GuruFocus' analysis, Kalyani Steels stock appears to be overvalued.
The current stock price of ₹818.70 is trading 7.6% above its estimated GF Value™ of ₹760.62.
GuruFocus considers Kalyani Steels to be Fairly Valued.
Key valuation signals for NSE:KSL:
Interest Coverage: 57.55 (97% above median its 10-year median of 29.21)
GF Value™: ₹760.62 vs. price of ₹818.70 (7.6% above fair value)
Industry Position: 1194.7% above the Steel median (#83 of 456)
No single metric tells the full story. See the NSE:KSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kalyani Steels Ltd manufactures forging and engineering quality carbon and alloy steel. Its product portfolio consists of carbon steel, carbon-manganese steel, chrome steel, chrome-manganese steel, chrome-nickel steel, chrome-moly steel, low carbon chrome-nickel-moly steel, medium carbon cr-ni-mo steel and bearing steel. The company's products are used in automotive forging, construction equipment, bearings, seamless tubes, and aluminum smelting. The majority of the revenue is generated by the sale of Rolled Products, As Cast Blooms and Pig Iron. These operating segment have been aggregated into one reportable business segment which is Forging and Engineering quality carbon and alloy steels.
78GF Score
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