Manorama Industries (NSE:MANORAMA) Interest Coverage: 10.11 (As of Jun. 2026) — 97% Above Median

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NSE:MANORAMA Manorama Industries Ltd NSE:MANORAMA
97 GF Score
Price ₹1,993.40
GF Value ₹2,054.21
Valuation Fairly Valued
! 4 Warning Signs
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What is Manorama Industries Interest Coverage?

Manorama Industries NSE:MANORAMA +1.38% 97 Interest Coverage is 10.11 as of Jun. 2026, which is 97% above its 10-year median of 5.14. GuruFocus rates NSE:MANORAMA with a GF Score™ of 97/100 and a GF Value™ of ₹2,054.21 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,497 Consumer Packaged Goods companies, Manorama Industries ranks better than 51.3% 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 Jun. 2026 was ₹1,000 Mil. Manorama Industries's Interest Expense for the three months ended in Jun. 2026 was ₹-99 Mil. Manorama Industries's interest coverage for the quarter that ended in Jun. 2026 was 10.11. 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: 5.14   Max: 10.08
Current: 9.26


NSE:MANORAMA's Interest Coverage is ranked better than
51.3% of 1497 companies
in the Consumer Packaged Goods industry
Industry Median: 8.5 vs NSE:MANORAMA: 9.26

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


Manorama Industries  (NSE:MANORAMA) 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 .


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.

Manorama Industries Interest Coverage Chart

Manorama Industries 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 6.40 5.81 3.22 4.46 9.32

Manorama Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 7.46 9.38 7.28 11.91 10.11

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.


NSE:MANORAMA
97GF Score
Manorama Industries Ltd NSE:MANORAMA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Manorama Industries 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.

Manorama Industries'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, Manorama Industries's Interest Expense was ₹-360 Mil. Its Operating Income was ₹3,358 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹337 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3357.701/-360.273
=9.32

Manorama Industries's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Manorama Industries's Interest Expense was ₹-99 Mil. Its Operating Income was ₹1,000 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*1000.497/-98.993
=10.11

* 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 10.11 mean?
Manorama Industries (NSE:MANORAMA) has a Interest Coverage of 10.11 as of Jun. 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 97% above median its historical median of 5.14. 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 #729 out of 1497 companies in the Consumer Packaged Goods industry, placing it in the top 48.7%.
Is Manorama Industries' Interest Coverage too high?
Manorama Industries' current Interest Coverage of 10.11 is 97% above median its 10-year median of 5.14. 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 8.50. Manorama Industries' value of 10.11 is 18.9% above this industry median. Based on the distribution chart, Manorama Industries ranks #729 out of 1497 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Manorama Industries has a GF Score™ of 97/100 and is considered Fairly Valued, 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 #729 out of 1497 companies for Interest Coverage. This puts Manorama Industries in the upper half of its industry. The industry median Interest Coverage is 8.50. Manorama Industries' value of 10.11 is 18.9% 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 5.14 vs. the industry median of 8.50, 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 8.50, based on 1,497 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 10.11 is 18.9% 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 8.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manorama Industries's current Interest Coverage is 10.11, which is 97% above median its own 10-year median of 5.14. 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 Fairly Valued. The stock's GF Value™ is ₹2,054.21, compared to a current price of ₹1,993.40 — trading 3% below its estimated fair value. The current Interest Coverage is 10.11, which is 97% above median its 10-year median of 5.14 and 18.9% above the Consumer Packaged Goods industry median of 8.50. Manorama Industries' overall GF Score™ is 97/100 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 Manorama Industries (NSE:MANORAMA), the current Interest Coverage is 10.11 as of Jun. 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 ₹1,993.40 is trading 3% below its estimated GF Value™ of ₹2,054.21. GuruFocus considers Manorama Industries to be Fairly Valued.

Key valuation signals for NSE:MANORAMA:

  • Interest Coverage: 10.11 (97% above median its 10-year median of 5.14)
  • GF Value™: ₹2,054.21 vs. price of ₹1,993.40 (3% below fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 18.9% above the Consumer Packaged Goods median (#729 of 1497)

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 Business Description

Other Exchanges 541974:India
Address F-6, Anupam Nagar, Raipur, CT, IND, 492007
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.
97GF Score

Get the complete analysis for NSE:MANORAMA

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

₹1,993.40
Price
₹2,054.21
GF Value