Mangalam Global Enterprise (NSE:MGEL) Interest Coverage: 3.00 (As of Mar. 2026) — 111% Above Median


NSE:MGEL Mangalam Global Enterprise Ltd NSE:MGEL
84 GF Score
Price ₹16.75
GF Value ₹19.32
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Mangalam Global Enterprise Interest Coverage?

Mangalam Global Enterprise NSE:MGEL 84 Interest Coverage is 3.00 as of Mar. 2026, which is 111% above its 10-year median of 1.42. GuruFocus rates NSE:MGEL with a GF Score™ of 84/100 and a GF Value™ of ₹19.32 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,504 Consumer Packaged Goods companies, Mangalam Global Enterprise ranks worse than 83.84% 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. Mangalam Global Enterprise's Operating Income for the three months ended in Mar. 2026 was ₹236 Mil. Mangalam Global Enterprise's Interest Expense for the three months ended in Mar. 2026 was ₹-79 Mil. Mangalam Global Enterprise's interest coverage for the quarter that ended in Mar. 2026 was 3.00. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Mangalam Global Enterprise's Interest Coverage or its related term are showing as below:

NSE:MGEL' s Interest Coverage Range Over the Past 10 Years
Min: 0.9   Med: 1.42   Max: 1.99
Current: 1.9


NSE:MGEL's Interest Coverage is ranked worse than
83.84% of 1504 companies
in the Consumer Packaged Goods industry
Industry Median: 8.585 vs NSE:MGEL: 1.90

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


Mangalam Global Enterprise  (NSE:MGEL) 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 .


Mangalam Global Enterprise Interest Coverage Related Terms


Mangalam Global Enterprise Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mangalam Global Enterprise'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.

Mangalam Global Enterprise Interest Coverage Chart

Mangalam Global Enterprise 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 0.90 1.99 1.42 1.41 1.90

Mangalam Global Enterprise 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 1.15 1.56 1.47 1.54 3.00

NSE:MGEL vs ADM, BG, TSN: Interest Coverage Comparison

For the Farm Products subindustry, Mangalam Global Enterprise'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.


Mangalam Global Enterprise Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mangalam Global Enterprise's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mangalam Global Enterprise's Interest Coverage falls into.


NSE:MGEL
84GF Score
Mangalam Global Enterprise Ltd NSE:MGEL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mangalam Global Enterprise 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.

Mangalam Global Enterprise'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, Mangalam Global Enterprise's Interest Expense was ₹-308 Mil. Its Operating Income was ₹585 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹149 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*585.156/-308.091
=1.90

Mangalam Global Enterprise's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Mangalam Global Enterprise's Interest Expense was ₹-79 Mil. Its Operating Income was ₹236 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹149 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*235.608/-78.53
=3.00

* 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 3.00 mean?
Mangalam Global Enterprise (NSE:MGEL) has a Interest Coverage of 3.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mangalam Global Enterprise and its competitors. This is 111% above median its historical median of 1.42. Over the past decade, Mangalam Global Enterprise's Interest Coverage has ranged from 0.90 to 1.99. According to the industry distribution chart, Mangalam Global Enterprise ranks #1261 out of 1504 companies in the Consumer Packaged Goods industry, placing it in the top 83.8%.
Is Mangalam Global Enterprise's Interest Coverage too high?
Mangalam Global Enterprise's current Interest Coverage of 3.00 is 111% above median its 10-year median of 1.42. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.99. The Consumer Packaged Goods industry median Interest Coverage is 8.59. Mangalam Global Enterprise's value of 3.00 is 65.1% below this industry median. Based on the distribution chart, Mangalam Global Enterprise ranks #1261 out of 1504 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Mangalam Global Enterprise has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mangalam Global Enterprise's Interest Coverage compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Mangalam Global Enterprise ranks #1261 out of 1504 companies for Interest Coverage. This places Mangalam Global Enterprise in the lower half of its industry. The industry median Interest Coverage is 8.59. Mangalam Global Enterprise's value of 3.00 is 65.1% below this benchmark. Historically, Mangalam Global Enterprise's own Interest Coverage has ranged from 0.90 to 1.99 over the past decade. While the company's 10-year median is 1.42 vs. the industry median of 8.59, Mangalam Global Enterprise 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.59, based on 1,504 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. Mangalam Global Enterprise's current Interest Coverage of 3.00 is 65.1% 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 Mangalam Global Enterprise and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Global Enterprise's current Interest Coverage is 3.00, which is 111% above median its own 10-year median of 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Global Enterprise stock overvalued right now?
Based on GuruFocus' analysis, Mangalam Global Enterprise (NSE:MGEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹19.32, compared to a current price of ₹16.75 — trading 13.3% below its estimated fair value. The current Interest Coverage is 3.00, which is 111% above median its 10-year median of 1.42 and 65.1% below the Consumer Packaged Goods industry median of 8.59. Mangalam Global Enterprise's overall GF Score™ is 84/100 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 Mangalam Global Enterprise (NSE:MGEL), the current Interest Coverage is 3.00 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 Mangalam Global Enterprise (NSE:MGEL) Overvalued in 2026?

Based on GuruFocus' analysis, Mangalam Global Enterprise stock appears to be undervalued. The current stock price of ₹16.75 is trading 13.3% below its estimated GF Value™ of ₹19.32. GuruFocus considers Mangalam Global Enterprise to be Modestly Undervalued.

Key valuation signals for NSE:MGEL:

  • Interest Coverage: 3.00 (111% above median its 10-year median of 1.42)
  • GF Value™: ₹19.32 vs. price of ₹16.75 (13.3% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 65.1% below the Consumer Packaged Goods median (#1261 of 1504)

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


Mangalam Global Enterprise Business Description

Other Exchanges 544273:India
Address Netaji Marg, 101, Mangalam Corporate House, 42, Shrimali Society, Mithakhali, Navrangpura, Ahmedabad, GJ, IND, 380009
Mangalam Global Enterprise Ltd is an Indian firm engaged in the manufacturing of agro-based commodities. It is involved mainly in the manufacturing, trading, and import of Edible and Non-edible oils and Agricultural products, including soya oil, soya meal, Mustard Oil, Refined Vegetable Oil, Cotton Bales, and Cotton Cake Cattle Feed, among others. The company also trades Wheat and Rice domestically, and in international markets through exports. Geographically, the company generates a majority of its revenue from its business in India and the rest from other countries.
84GF Score

Get the complete analysis for NSE:MGEL

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

₹16.75
Price
₹19.32
GF Value