Madhya Bharat Agro Products (NSE:MBAPL) Interest Coverage: 3.02 (As of Mar. 2026) — 46% Below Median


NSE:MBAPL Madhya Bharat Agro Products Ltd NSE:MBAPL
86 GF Score
Price ₹576.70
GF Value ₹794.04
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Madhya Bharat Agro Products Interest Coverage?

Madhya Bharat Agro Products NSE:MBAPL +0.73% 86 Interest Coverage is 3.02 as of Mar. 2026, which is 46% below its 10-year median of 5.62. GuruFocus rates NSE:MBAPL with a GF Score™ of 86/100 and a GF Value™ of ₹794.04 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 198 Agriculture companies, Madhya Bharat Agro Products ranks worse than 56.06% 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. Madhya Bharat Agro Products's Operating Income for the three months ended in Mar. 2026 was ₹321 Mil. Madhya Bharat Agro Products's Interest Expense for the three months ended in Mar. 2026 was ₹-106 Mil. Madhya Bharat Agro Products's interest coverage for the quarter that ended in Mar. 2026 was 3.02. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Madhya Bharat Agro Products's Interest Coverage or its related term are showing as below:

NSE:MBAPL' s Interest Coverage Range Over the Past 10 Years
Min: 2.49   Med: 5.62   Max: 13.46
Current: 5.86


NSE:MBAPL's Interest Coverage is ranked worse than
56.06% of 198 companies
in the Agriculture industry
Industry Median: 7.24 vs NSE:MBAPL: 5.86

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


Madhya Bharat Agro Products  (NSE:MBAPL) 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 .


Madhya Bharat Agro Products Interest Coverage Related Terms


Madhya Bharat Agro Products Interest Coverage Historical Data

* Premium members only.

The historical data trend for Madhya Bharat Agro Products'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.

Madhya Bharat Agro Products Interest Coverage Chart

Madhya Bharat Agro Products 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 13.46 12.81 2.95 3.97 5.86

Madhya Bharat Agro Products 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 3.85 7.25 9.16 6.08 3.02

NSE:MBAPL vs CTVA, CF: Interest Coverage Comparison

For the Agricultural Inputs subindustry, Madhya Bharat Agro Products'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.


Madhya Bharat Agro Products Interest Coverage vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Madhya Bharat Agro Products's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Madhya Bharat Agro Products's Interest Coverage falls into.


NSE:MBAPL
86GF Score
Madhya Bharat Agro Products Ltd NSE:MBAPL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madhya Bharat Agro Products 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.

Madhya Bharat Agro Products'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, Madhya Bharat Agro Products's Interest Expense was ₹-324 Mil. Its Operating Income was ₹1,896 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,054 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1895.684/-323.653
=5.86

Madhya Bharat Agro Products's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Madhya Bharat Agro Products's Interest Expense was ₹-106 Mil. Its Operating Income was ₹321 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,054 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*321.483/-106.421
=3.02

* 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 3.02 mean?
Madhya Bharat Agro Products (NSE:MBAPL) has a Interest Coverage of 3.02 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Madhya Bharat Agro Products and its competitors. This is 46% below median its historical median of 5.62. Over the past decade, Madhya Bharat Agro Products' Interest Coverage has ranged from 2.49 to 13.46. According to the industry distribution chart, Madhya Bharat Agro Products ranks #111 out of 198 companies in the Agriculture industry, placing it in the top 56.1%.
Is Madhya Bharat Agro Products' Interest Coverage too high?
Madhya Bharat Agro Products' current Interest Coverage of 3.02 is 46% below median its 10-year median of 5.62. Over the past 10 years, this metric has ranged from a low of 2.49 to a high of 13.46. The Agriculture industry median Interest Coverage is 7.24. Madhya Bharat Agro Products' value of 3.02 is 58.3% below this industry median. Based on the distribution chart, Madhya Bharat Agro Products ranks #111 out of 198 companies in the Agriculture industry, which is below the industry midpoint. Overall, Madhya Bharat Agro Products has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madhya Bharat Agro Products' Interest Coverage compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madhya Bharat Agro Products ranks #111 out of 198 companies for Interest Coverage. This places Madhya Bharat Agro Products in the lower half of its industry. The industry median Interest Coverage is 7.24. Madhya Bharat Agro Products' value of 3.02 is 58.3% below this benchmark. Historically, Madhya Bharat Agro Products' own Interest Coverage has ranged from 2.49 to 13.46 over the past decade. While the company's 10-year median is 5.62 vs. the industry median of 7.24, Madhya Bharat Agro Products 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 Agriculture company?
The median Interest Coverage among Agriculture companies is 7.24, based on 198 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. Madhya Bharat Agro Products's current Interest Coverage of 3.02 is 58.3% 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 Madhya Bharat Agro Products and its competitors. For the Agriculture industry, the median Interest Coverage is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madhya Bharat Agro Products's current Interest Coverage is 3.02, which is 46% below median its own 10-year median of 5.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhya Bharat Agro Products stock overvalued right now?
Based on GuruFocus' analysis, Madhya Bharat Agro Products (NSE:MBAPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹794.04, compared to a current price of ₹576.70 — trading 27.4% below its estimated fair value. The current Interest Coverage is 3.02, which is 46% below median its 10-year median of 5.62 and 58.3% below the Agriculture industry median of 7.24. Madhya Bharat Agro Products' overall GF Score™ is 86/100 with 7 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 Madhya Bharat Agro Products (NSE:MBAPL), the current Interest Coverage is 3.02 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 Madhya Bharat Agro Products (NSE:MBAPL) Overvalued in 2026?

Based on GuruFocus' analysis, Madhya Bharat Agro Products stock appears to be undervalued. The current stock price of ₹576.70 is trading 27.4% below its estimated GF Value™ of ₹794.04. GuruFocus considers Madhya Bharat Agro Products to be Modestly Undervalued.

Key valuation signals for NSE:MBAPL:

  • Interest Coverage: 3.02 (46% below median its 10-year median of 5.62)
  • GF Value™: ₹794.04 vs. price of ₹576.70 (27.4% below fair value)
  • GF Score™: 86/100 with 7 warning signs
  • Industry Position: 58.3% below the Agriculture median (#111 of 198)

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


Madhya Bharat Agro Products Business Description

Address Ostwal heights, Urban Forest Atun, Wing A/1, 1st Floor, Bhilwara, RJ, IND, 311001
Madhya Bharat Agro Products Ltd is engaged in the manufacturing of fertilizers and chemicals. The company operates through one segment, namely Manufacturing of Fertilizers. The firm is setting up a project comprising phosphoric acid, triple superphosphate, chemicals, and allied products, and further expansion of single superphosphate and sulfuric acid. In addition, it is also involved in the business of the purchase and sale of textiles and agricultural products. The majority of its revenue is derived from the manufacturing of fertilizers.
86GF Score

Get the complete analysis for NSE:MBAPL

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

₹576.70
Price
₹794.04
GF Value