MITCON Consultancy & Engineering Services (NSE:MITCON) Interest Coverage: 3.55 (As of Mar. 2026) — 109% Above Median

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NSE:MITCON MITCON Consultancy & Engineering Services Ltd NSE:MITCON
82 GF Score
Price ₹75.43
GF Value ₹97.70
Valuation Modestly Undervalued
! 3 Warning Signs
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What is MITCON Consultancy & Engineering Services Interest Coverage?

MITCON Consultancy & Engineering Services NSE:MITCON +4.19% 82 Interest Coverage is 3.55 as of Mar. 2026, which is 109% above its 10-year median of 1.70. GuruFocus rates NSE:MITCON with a GF Score™ of 82/100 and a GF Value™ of ₹97.70 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,359 Construction companies, MITCON Consultancy & Engineering Services ranks worse than 81.6% 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. MITCON Consultancy & Engineering Services's Operating Income for the three months ended in Mar. 2026 was ₹95 Mil. MITCON Consultancy & Engineering Services's Interest Expense for the three months ended in Mar. 2026 was ₹-27 Mil. MITCON Consultancy & Engineering Services's interest coverage for the quarter that ended in Mar. 2026 was 3.55. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for MITCON Consultancy & Engineering Services's Interest Coverage or its related term are showing as below:

NSE:MITCON' s Interest Coverage Range Over the Past 10 Years
Min: 0.49   Med: 1.7   Max: 3509.82
Current: 2


NSE:MITCON's Interest Coverage is ranked worse than
81.6% of 1359 companies
in the Construction industry
Industry Median: 7.81 vs NSE:MITCON: 2.00

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


MITCON Consultancy & Engineering Services  (NSE:MITCON) 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 .


MITCON Consultancy & Engineering Services Interest Coverage Related Terms


MITCON Consultancy & Engineering Services Interest Coverage Historical Data

* Premium members only.

The historical data trend for MITCON Consultancy & Engineering Services'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.

MITCON Consultancy & Engineering Services Interest Coverage Chart

MITCON Consultancy & Engineering Services 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 1.59 1.27 1.80 1.48 2.00

MITCON Consultancy & Engineering Services 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 1.82 1.44 1.27 1.71 3.55

NSE:MITCON vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, MITCON Consultancy & Engineering Services'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.


MITCON Consultancy & Engineering Services Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, MITCON Consultancy & Engineering Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where MITCON Consultancy & Engineering Services's Interest Coverage falls into.


NSE:MITCON
82GF Score
MITCON Consultancy & Engineering Services Ltd NSE:MITCON
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MITCON Consultancy & Engineering Services 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.

MITCON Consultancy & Engineering Services'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, MITCON Consultancy & Engineering Services's Interest Expense was ₹-106 Mil. Its Operating Income was ₹212 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹669 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*211.601/-105.864
=2.00

MITCON Consultancy & Engineering Services's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, MITCON Consultancy & Engineering Services's Interest Expense was ₹-27 Mil. Its Operating Income was ₹95 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹669 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*95.459/-26.878
=3.55

* 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 3.55 mean?
MITCON Consultancy & Engineering Services (NSE:MITCON) has a Interest Coverage of 3.55 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on MITCON Consultancy & Engineering Services and its competitors. This is 109% above median its historical median of 1.70. Over the past decade, MITCON Consultancy & Engineering Services' Interest Coverage has ranged from 0.49 to 3,509.82. According to the industry distribution chart, MITCON Consultancy & Engineering Services ranks #1109 out of 1359 companies in the Construction industry, placing it in the top 81.6%.
Is MITCON Consultancy & Engineering Services' Interest Coverage too high?
MITCON Consultancy & Engineering Services' current Interest Coverage of 3.55 is 109% above median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 3,509.82. The Construction industry median Interest Coverage is 7.81. MITCON Consultancy & Engineering Services' value of 3.55 is 54.5% below this industry median. Based on the distribution chart, MITCON Consultancy & Engineering Services ranks #1109 out of 1359 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, MITCON Consultancy & Engineering Services has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MITCON Consultancy & Engineering Services' Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, MITCON Consultancy & Engineering Services ranks #1109 out of 1359 companies for Interest Coverage. This places MITCON Consultancy & Engineering Services in the lower half of its industry. The industry median Interest Coverage is 7.81. MITCON Consultancy & Engineering Services' value of 3.55 is 54.5% below this benchmark. Historically, MITCON Consultancy & Engineering Services' own Interest Coverage has ranged from 0.49 to 3,509.82 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 7.81, MITCON Consultancy & Engineering Services 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 Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,359 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. MITCON Consultancy & Engineering Services's current Interest Coverage of 3.55 is 54.5% 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 MITCON Consultancy & Engineering Services and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MITCON Consultancy & Engineering Services's current Interest Coverage is 3.55, which is 109% above median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MITCON Consultancy & Engineering Services stock overvalued right now?
Based on GuruFocus' analysis, MITCON Consultancy & Engineering Services (NSE:MITCON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹97.70, compared to a current price of ₹75.43 — trading 22.8% below its estimated fair value. The current Interest Coverage is 3.55, which is 109% above median its 10-year median of 1.70 and 54.5% below the Construction industry median of 7.81. MITCON Consultancy & Engineering Services' overall GF Score™ is 82/100 with 3 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 MITCON Consultancy & Engineering Services (NSE:MITCON), the current Interest Coverage is 3.55 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 MITCON Consultancy & Engineering Services (NSE:MITCON) Overvalued in 2026?

Based on GuruFocus' analysis, MITCON Consultancy & Engineering Services stock appears to be undervalued. The current stock price of ₹75.43 is trading 22.8% below its estimated GF Value™ of ₹97.70. GuruFocus considers MITCON Consultancy & Engineering Services to be Modestly Undervalued.

Key valuation signals for NSE:MITCON:

  • Interest Coverage: 3.55 (109% above median its 10-year median of 1.70)
  • GF Value™: ₹97.70 vs. price of ₹75.43 (22.8% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 54.5% below the Construction median (#1109 of 1359)

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


MITCON Consultancy & Engineering Services Business Description

Address Shivajinagar, First Floor, Kubera Chambers, Pune, MH, IND, 411005
MITCON Consultancy & Engineering Services Ltd is engaged in the business of providing Consultancy and training services. The company's operating segments include Consultancy and Training, Project Services, and Wind Power Generation. It generates maximum revenue from the Consultancy and Training segment. The company serves various sectors such as Energy Transition, Renewables, Biofuels, Green Chemistry, Skill Development, Environment Management and Engineering, Business Advisory Services, Infrastructure, and others.
82GF Score

Get the complete analysis for NSE:MITCON

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

₹75.43
Price
₹97.70
GF Value