Mahickra ChemicalsNSE:MAHICKRA +1.96%59 Interest Coverage is 6.90 as of Mar. 2026, which is 18% above its 10-year median of 5.87. GuruFocus rates NSE:MAHICKRA with a GF Score™ of 59/100 and a GF Value™ of ₹155.06 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,231 Chemicals companies, Mahickra Chemicals ranks worse than 67.83% 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. Mahickra Chemicals's
Operating Income
for the
six
months ended in Mar. 2026 was ₹60 Mil. Mahickra Chemicals's Interest Expense for the
six
months ended in Mar. 2026 was ₹-9 Mil.
Mahickra Chemicals's interest coverage for the quarter that ended in Mar. 2026 was 6.90.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Mahickra Chemicals's Interest Coverage or its related term are showing as below:
NSE:MAHICKRA'
s Interest Coverage Range Over the Past 10 Years
Min: 3.22 Med: 5.87 Max: No Debt
Current: 4.58
NSE:MAHICKRA's Interest Coverage is ranked worse than 67.83% of 1231
companies
in the Chemicals industry
Industry Median: 10.21
vs NSE:MAHICKRA: 4.58
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 .
Mahickra Chemicals Interest Coverage Related Terms
Mahickra Chemicals Interest Coverage Historical Data
* Premium members only.
The historical data trend for Mahickra Chemicals'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:MAHICKRA vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Mahickra Chemicals'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.
Mahickra Chemicals Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Mahickra Chemicals'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.
Mahickra Chemicals (NSE:MAHICKRA) has a Interest Coverage of 6.90 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mahickra Chemicals and its competitors. This is 18% above median its historical median of 5.87. Over the past decade, Mahickra Chemicals' Interest Coverage has ranged from 3.22 to 10,000.00. According to the industry distribution chart, Mahickra Chemicals ranks #835 out of 1231 companies in the Chemicals industry, placing it in the top 67.8%.
Is Mahickra Chemicals' Interest Coverage too high?
Mahickra Chemicals' current Interest Coverage of 6.90 is 18% above median its 10-year median of 5.87. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 10,000.00. The Chemicals industry median Interest Coverage is 10.21. Mahickra Chemicals' value of 6.90 is 32.4% below this industry median. Based on the distribution chart, Mahickra Chemicals ranks #835 out of 1231 companies in the Chemicals industry, which is below the industry midpoint. Overall, Mahickra Chemicals has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahickra Chemicals' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mahickra Chemicals ranks #835 out of 1231 companies for Interest Coverage. This places Mahickra Chemicals in the lower half of its industry. The industry median Interest Coverage is 10.21. Mahickra Chemicals' value of 6.90 is 32.4% below this benchmark. Historically, Mahickra Chemicals' own Interest Coverage has ranged from 3.22 to 10,000.00 over the past decade. While the company's 10-year median is 5.87 vs. the industry median of 10.21, Mahickra Chemicals 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,231 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. Mahickra Chemicals's current Interest Coverage of 6.90 is 32.4% 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 Mahickra Chemicals and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahickra Chemicals's current Interest Coverage is 6.90, which is 18% above median its own 10-year median of 5.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahickra Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Mahickra Chemicals (NSE:MAHICKRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹155.06, compared to a current price of ₹260.00 — trading 67.7% above its estimated fair value. The current Interest Coverage is 6.90, which is 18% above median its 10-year median of 5.87 and 32.4% below the Chemicals industry median of 10.21. Mahickra Chemicals' overall GF Score™ is 59/100 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 Mahickra Chemicals (NSE:MAHICKRA), the current Interest Coverage is 6.90 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 Mahickra Chemicals (NSE:MAHICKRA) Overvalued in 2026?
Based on GuruFocus' analysis, Mahickra Chemicals stock appears to be overvalued.
The current stock price of ₹260.00 is trading 67.7% above its estimated GF Value™ of ₹155.06.
GuruFocus considers Mahickra Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:MAHICKRA:
Interest Coverage: 6.90 (18% above median its 10-year median of 5.87)
GF Value™: ₹155.06 vs. price of ₹260.00 (67.7% above fair value)
Industry Position: 32.4% below the Chemicals median (#835 of 1231)
No single metric tells the full story. See the NSE:MAHICKRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahickra Chemicals Ltd is an India-based company engaged in the business of manufacturing and trading of dyes and chemicals. Its product portfolio includes reactive dyes, acid dyes, direct dyes, pigment powder and emulsion, specialty chemicals, and synthetic food colors, among others. The company caters to both the Indian as well as international markets.
59GF Score
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