Lloyds Engineering Works (NSE:LLOYDSENGG) Interest Coverage: 14.79 (As of Mar. 2026) — Near Median


NSE:LLOYDSENGG Lloyds Engineering Works Ltd NSE:LLOYDSENGG
85 GF Score
Price ₹84.20
GF Value ₹108.12
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Lloyds Engineering Works Interest Coverage?

Lloyds Engineering Works NSE:LLOYDSENGG -2.69% 85 Interest Coverage is 14.79 as of Mar. 2026, which is 1% above its 10-year median of 14.63. GuruFocus rates NSE:LLOYDSENGG with a GF Score™ of 85/100 and a GF Value™ of ₹108.12 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,325 Industrial Products companies, Lloyds Engineering Works ranks worse than 54.97% 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. Lloyds Engineering Works's Operating Income for the three months ended in Mar. 2026 was ₹543 Mil. Lloyds Engineering Works's Interest Expense for the three months ended in Mar. 2026 was ₹-37 Mil. Lloyds Engineering Works's interest coverage for the quarter that ended in Mar. 2026 was 14.79. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Lloyds Engineering Works's Interest Coverage or its related term are showing as below:

NSE:LLOYDSENGG' s Interest Coverage Range Over the Past 10 Years
Min: 4.53   Med: 14.63   Max: 32.21
Current: 11.95


NSE:LLOYDSENGG's Interest Coverage is ranked worse than
54.97% of 2325 companies
in the Industrial Products industry
Industry Median: 14.87 vs NSE:LLOYDSENGG: 11.95

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


Lloyds Engineering Works  (NSE:LLOYDSENGG) 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 .


Lloyds Engineering Works Interest Coverage Related Terms


Lloyds Engineering Works Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lloyds Engineering Works'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.

Lloyds Engineering Works Interest Coverage Chart

Lloyds Engineering Works 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 4.53 14.63 32.21 14.71 11.95

Lloyds Engineering Works Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 10.62 9.76 10.97 11.61 14.79

NSE:LLOYDSENGG vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Lloyds Engineering Works'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.


Lloyds Engineering Works Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lloyds Engineering Works's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lloyds Engineering Works's Interest Coverage falls into.


NSE:LLOYDSENGG
85GF Score
Lloyds Engineering Works Ltd NSE:LLOYDSENGG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Lloyds Engineering Works 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.

Lloyds Engineering Works'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, Lloyds Engineering Works's Interest Expense was ₹-140 Mil. Its Operating Income was ₹1,670 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹693 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1670.4/-139.8
=11.95

Lloyds Engineering Works's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Lloyds Engineering Works's Interest Expense was ₹-37 Mil. Its Operating Income was ₹543 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹693 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*542.9/-36.7
=14.79

* 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 14.79 mean?
Lloyds Engineering Works (NSE:LLOYDSENGG) has a Interest Coverage of 14.79 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lloyds Engineering Works and its competitors. This is near median its historical median of 14.63. Over the past decade, Lloyds Engineering Works' Interest Coverage has ranged from 4.53 to 32.21. According to the industry distribution chart, Lloyds Engineering Works ranks #1278 out of 2325 companies in the Industrial Products industry, placing it in the top 55%.
Is Lloyds Engineering Works' Interest Coverage too high?
Lloyds Engineering Works' current Interest Coverage of 14.79 is near median its 10-year median of 14.63. Over the past 10 years, this metric has ranged from a low of 4.53 to a high of 32.21. The Industrial Products industry median Interest Coverage is 14.87. Lloyds Engineering Works' value of 14.79 is 0.5% below this industry median. Based on the distribution chart, Lloyds Engineering Works ranks #1278 out of 2325 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lloyds Engineering Works has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lloyds Engineering Works' Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Lloyds Engineering Works ranks #1278 out of 2325 companies for Interest Coverage. This places Lloyds Engineering Works in the lower half of its industry. The industry median Interest Coverage is 14.87. Lloyds Engineering Works' value of 14.79 is 0.5% below this benchmark. Historically, Lloyds Engineering Works' own Interest Coverage has ranged from 4.53 to 32.21 over the past decade. While the company's 10-year median is 14.63 vs. the industry median of 14.87, Lloyds Engineering Works 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.87, based on 2,325 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. Lloyds Engineering Works's current Interest Coverage of 14.79 is 0.5% 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 Lloyds Engineering Works and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lloyds Engineering Works's current Interest Coverage is 14.79, which is near median its own 10-year median of 14.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lloyds Engineering Works stock overvalued right now?
Based on GuruFocus' analysis, Lloyds Engineering Works (NSE:LLOYDSENGG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹108.12, compared to a current price of ₹84.20 — trading 22.1% below its estimated fair value. The current Interest Coverage is 14.79, which is near median its 10-year median of 14.63 and 0.5% below the Industrial Products industry median of 14.87. Lloyds Engineering Works' overall GF Score™ is 85/100 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 Lloyds Engineering Works (NSE:LLOYDSENGG), the current Interest Coverage is 14.79 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 Lloyds Engineering Works (NSE:LLOYDSENGG) Overvalued in 2026?

Based on GuruFocus' analysis, Lloyds Engineering Works stock appears to be undervalued. The current stock price of ₹84.20 is trading 22.1% below its estimated GF Value™ of ₹108.12. GuruFocus considers Lloyds Engineering Works to be Modestly Undervalued.

Key valuation signals for NSE:LLOYDSENGG:

  • Interest Coverage: 14.79 (near median its 10-year median of 14.63)
  • GF Value™: ₹108.12 vs. price of ₹84.20 (22.1% below fair value)
  • GF Score™: 85/100 with 6 warning signs
  • Industry Position: 0.5% below the Industrial Products median (#1278 of 2325)

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


Lloyds Engineering Works Business Description

Other Exchanges 539992:India
Address Pandurang Budhkar Marg, A-2, 2nd Floor, Madhu Estate, Lower Parel (West), Mumbai, MH, IND, 400 013
Lloyds Engineering Works Ltd is a Designer and Manufacturer of Heavy Equipment, Machinery and Systems for Hydro Carbon Sector, Oil & Gas, Steel Plants, Power Plants, Nuclear Plant Boilers and Turnkey Projects. The Company has single business Segment namely Engineering Products and Services.Engineering Business was established in 1974 at Andheri, Mumbai and subsequently shifted its shop and converted into heavy fabrication, machine building unit at Murbad, Thane Dist. Maharashtra. Work shop is located at Murbad District in Thane.
85GF Score

Get the complete analysis for NSE:LLOYDSENGG

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

₹84.20
Price
₹108.12
GF Value