Manali Petrochemicals (NSE:MANALIPETC) Interest Coverage: 4.24 (As of Mar. 2026) — 91% Below Median


NSE:MANALIPETC Manali Petrochemicals Ltd NSE:MANALIPETC
76 GF Score
Price ₹60.92
GF Value ₹68.37
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Manali Petrochemicals Interest Coverage?

Manali Petrochemicals NSE:MANALIPETC -3.04% 76 Interest Coverage is 4.24 as of Mar. 2026, which is 91% below its 10-year median of 47.40. GuruFocus rates NSE:MANALIPETC with a GF Score™ of 76/100 and a GF Value™ of ₹68.37 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,231 Chemicals companies, Manali Petrochemicals ranks worse than 73.92% 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. Manali Petrochemicals's Operating Income for the three months ended in Mar. 2026 was ₹154 Mil. Manali Petrochemicals's Interest Expense for the three months ended in Mar. 2026 was ₹-36 Mil. Manali Petrochemicals's interest coverage for the quarter that ended in Mar. 2026 was 4.24. The higher the ratio, the stronger the company's financial strength is.

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

NSE:MANALIPETC' s Interest Coverage Range Over the Past 10 Years
Min: 2.99   Med: 47.4   Max: 110.94
Current: 3.56


NSE:MANALIPETC's Interest Coverage is ranked worse than
73.92% of 1231 companies
in the Chemicals industry
Industry Median: 10.15 vs NSE:MANALIPETC: 3.56

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


Manali Petrochemicals  (NSE:MANALIPETC) 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 .


Manali Petrochemicals Interest Coverage Related Terms


Manali Petrochemicals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Manali Petrochemicals'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.

Manali Petrochemicals Interest Coverage Chart

Manali Petrochemicals 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 60.24 7.12 3.14 2.99 3.56

Manali Petrochemicals 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 5.06 4.77 3.70 1.56 4.24

NSE:MANALIPETC vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Manali Petrochemicals'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.


Manali Petrochemicals Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Manali Petrochemicals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Manali Petrochemicals's Interest Coverage falls into.


NSE:MANALIPETC
76GF Score
Manali Petrochemicals Ltd NSE:MANALIPETC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Manali Petrochemicals 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.

Manali Petrochemicals'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, Manali Petrochemicals's Interest Expense was ₹-136 Mil. Its Operating Income was ₹482 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹946 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*482.4/-135.5
=3.56

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

Here, for the three months ended in Mar. 2026, Manali Petrochemicals's Interest Expense was ₹-36 Mil. Its Operating Income was ₹154 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹946 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*154.2/-36.4
=4.24

* 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 4.24 mean?
Manali Petrochemicals (NSE:MANALIPETC) has a Interest Coverage of 4.24 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manali Petrochemicals and its competitors. This is 91% below median its historical median of 47.40. Over the past decade, Manali Petrochemicals' Interest Coverage has ranged from 2.99 to 110.94. According to the industry distribution chart, Manali Petrochemicals ranks #910 out of 1231 companies in the Chemicals industry, placing it in the top 73.9%.
Is Manali Petrochemicals' Interest Coverage too high?
Manali Petrochemicals' current Interest Coverage of 4.24 is 91% below median its 10-year median of 47.40. Over the past 10 years, this metric has ranged from a low of 2.99 to a high of 110.94. The Chemicals industry median Interest Coverage is 10.15. Manali Petrochemicals' value of 4.24 is 58.2% below this industry median. Based on the distribution chart, Manali Petrochemicals ranks #910 out of 1231 companies in the Chemicals industry, which is below the industry midpoint. Overall, Manali Petrochemicals has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manali Petrochemicals' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Manali Petrochemicals ranks #910 out of 1231 companies for Interest Coverage. This places Manali Petrochemicals in the lower half of its industry. The industry median Interest Coverage is 10.15. Manali Petrochemicals' value of 4.24 is 58.2% below this benchmark. Historically, Manali Petrochemicals' own Interest Coverage has ranged from 2.99 to 110.94 over the past decade. While the company's 10-year median is 47.40 vs. the industry median of 10.15, Manali Petrochemicals 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 10.15, 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. Manali Petrochemicals's current Interest Coverage of 4.24 is 58.2% 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 Manali Petrochemicals and its competitors. For the Chemicals industry, the median Interest Coverage is 10.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manali Petrochemicals's current Interest Coverage is 4.24, which is 91% below median its own 10-year median of 47.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manali Petrochemicals stock overvalued right now?
Based on GuruFocus' analysis, Manali Petrochemicals (NSE:MANALIPETC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹68.37, compared to a current price of ₹60.92 — trading 10.9% below its estimated fair value. The current Interest Coverage is 4.24, which is 91% below median its 10-year median of 47.40 and 58.2% below the Chemicals industry median of 10.15. Manali Petrochemicals' overall GF Score™ is 76/100 with 4 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 Manali Petrochemicals (NSE:MANALIPETC), the current Interest Coverage is 4.24 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 Manali Petrochemicals (NSE:MANALIPETC) Overvalued in 2026?

Based on GuruFocus' analysis, Manali Petrochemicals stock appears to be undervalued. The current stock price of ₹60.92 is trading 10.9% below its estimated GF Value™ of ₹68.37. GuruFocus considers Manali Petrochemicals to be Modestly Undervalued.

Key valuation signals for NSE:MANALIPETC:

  • Interest Coverage: 4.24 (91% below median its 10-year median of 47.40)
  • GF Value™: ₹68.37 vs. price of ₹60.92 (10.9% below fair value)
  • GF Score™: 76/100 with 4 warning signs
  • Industry Position: 58.2% below the Chemicals median (#910 of 1231)

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


Manali Petrochemicals Business Description

Other Exchanges 500268:India
Address 88 Mount Road, SPIC House, Guindy, Chennai, TN, IND, 600032
Manali Petrochemicals Ltd operates in the chemical industry. The company is engaged in the manufacture and sale of Propylene Oxide (PO), Propylene Glycol (PG), and Polyols (PY). It serves various industries such as appliances, automotive, bedding, food and fragrances, furniture, footwear, paints and coatings, and pharmaceuticals. The company's only operating segment includes the manufacture and sale of petrochemical products. Geographically, it operates only in India.
76GF Score

Get the complete analysis for NSE:MANALIPETC

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

₹60.92
Price
₹68.37
GF Value