Manorama IndustriesNSE:MANORAMA -5.46%98 Interest Coverage is 11.91 as of Mar. 2026, which is 138% above its 10-year median of 5.00. GuruFocus rates NSE:MANORAMA with a GF Score™ of 98/100 and a GF Value™ of ₹1,937.64 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,505 Consumer Packaged Goods companies, Manorama Industries ranks better than 50.1% 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. Manorama Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹772 Mil. Manorama Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-65 Mil.
Manorama Industries's interest coverage for the quarter that ended in Mar. 2026 was 11.91.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Manorama Industries's Interest Coverage or its related term are showing as below:
NSE:MANORAMA'
s Interest Coverage Range Over the Past 10 Years
Min: 2.52 Med: 5 Max: 10.08
Current: 8.6
NSE:MANORAMA's Interest Coverage is ranked better than 50.1% of 1505
companies
in the Consumer Packaged Goods industry
Industry Median: 8.57
vs NSE:MANORAMA: 8.60
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 .
Manorama Industries Interest Coverage Related Terms
Manorama Industries Interest Coverage Historical Data
* Premium members only.
The historical data trend for Manorama Industries'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:MANORAMA vs KHC, GIS: Interest Coverage Comparison
For the Packaged Foods subindustry, Manorama Industries'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.
Manorama Industries Interest Coverage vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Manorama Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Manorama Industries'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.
Manorama Industries (NSE:MANORAMA) has a Interest Coverage of 11.91 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Manorama Industries and its competitors. This is 138% above median its historical median of 5.00. Over the past decade, Manorama Industries' Interest Coverage has ranged from 2.52 to 10.08. According to the industry distribution chart, Manorama Industries ranks #751 out of 1505 companies in the Consumer Packaged Goods industry, placing it in the top 49.9%.
Is Manorama Industries' Interest Coverage too high?
Manorama Industries' current Interest Coverage of 11.91 is 138% above median its 10-year median of 5.00. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 10.08. The Consumer Packaged Goods industry median Interest Coverage is 8.57. Manorama Industries' value of 11.91 is 39% above this industry median. Based on the distribution chart, Manorama Industries ranks #751 out of 1505 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Manorama Industries has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manorama Industries' Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Manorama Industries ranks #751 out of 1505 companies for Interest Coverage. This puts Manorama Industries in the upper half of its industry. The industry median Interest Coverage is 8.57. Manorama Industries' value of 11.91 is 39% above this benchmark. Historically, Manorama Industries' own Interest Coverage has ranged from 2.52 to 10.08 over the past decade. While the company's 10-year median is 5.00 vs. the industry median of 8.57, Manorama Industries 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.57, based on 1,505 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. Manorama Industries's current Interest Coverage of 11.91 is 39% 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 Manorama Industries and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manorama Industries's current Interest Coverage is 11.91, which is 138% above median its own 10-year median of 5.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manorama Industries stock overvalued right now?
Based on GuruFocus' analysis, Manorama Industries (NSE:MANORAMA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,937.64, compared to a current price of ₹1,565.00 — trading 19.2% below its estimated fair value. The current Interest Coverage is 11.91, which is 138% above median its 10-year median of 5.00 and 39% above the Consumer Packaged Goods industry median of 8.57. Manorama Industries' overall GF Score™ is 98/100 with 2 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 Manorama Industries (NSE:MANORAMA), the current Interest Coverage is 11.91 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 Manorama Industries (NSE:MANORAMA) Overvalued in 2026?
Based on GuruFocus' analysis, Manorama Industries stock appears to be undervalued.
The current stock price of ₹1,565.00 is trading 19.2% below its estimated GF Value™ of ₹1,937.64.
GuruFocus considers Manorama Industries to be Modestly Undervalued.
Key valuation signals for NSE:MANORAMA:
Interest Coverage: 11.91 (138% above median its 10-year median of 5.00)
GF Value™: ₹1,937.64 vs. price of ₹1,565.00 (19.2% below fair value)
Industry Position: 39% above the Consumer Packaged Goods median (#751 of 1505)
No single metric tells the full story. See the NSE:MANORAMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manorama Industries Ltd is engaged in the manufacturing, processing, and supply of exotic and specialty fats and oils. The products offered by the company include Sal butter, Sal fat, Sal stearine, Mango butter, Kokum oil, Mowrah fat, and several other value-added, tailor-made products. Its only operating segment is the Manufacturing of Exotic Seed based Fats and Butters including Cocoa Butter Equivalent (CBE). Geographically, the company generates a majority of its revenue from outside India through exports, and the rest from its business within India.
98GF Score
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