Mahendra Realtors & Infrastructure (NSE:MRIL) Interest Coverage: 2.61 (As of Sep. 2025) — 56% Below Median


NSE:MRIL Mahendra Realtors & Infrastructure Ltd NSE:MRIL
18 GF Score
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What is Mahendra Realtors & Infrastructure Interest Coverage?

Mahendra Realtors & Infrastructure NSE:MRIL -4.99% 18 Interest Coverage is 2.61 as of Sep. 2025, which is 56% below its 10-year median of 5.94. GuruFocus rates NSE:MRIL with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 1,353 Construction companies, Mahendra Realtors & Infrastructure ranks worse than 77.09% 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. Mahendra Realtors & Infrastructure's Operating Income for the six months ended in Sep. 2025 was ₹13.4 Mil. Mahendra Realtors & Infrastructure's Interest Expense for the six months ended in Sep. 2025 was ₹-5.1 Mil. Mahendra Realtors & Infrastructure's interest coverage for the quarter that ended in Sep. 2025 was 2.61. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Mahendra Realtors & Infrastructure's Interest Coverage or its related term are showing as below:

NSE:MRIL' s Interest Coverage Range Over the Past 10 Years
Min: 2.61   Med: 5.94   Max: 19.44
Current: 2.61


NSE:MRIL's Interest Coverage is ranked worse than
77.09% of 1353 companies
in the Construction industry
Industry Median: 7.81 vs NSE:MRIL: 2.61

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


Mahendra Realtors & Infrastructure  (NSE:MRIL) 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 .


Mahendra Realtors & Infrastructure Interest Coverage Related Terms


Mahendra Realtors & Infrastructure Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mahendra Realtors & Infrastructure'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.

Mahendra Realtors & Infrastructure Interest Coverage Chart

Mahendra Realtors & Infrastructure Annual Data
Trend Mar22 Mar23 Mar24
Interest Coverage
5.94 3.62 19.44

Mahendra Realtors & Infrastructure Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Sep25
Interest Coverage No Debt No Debt No Debt 10.74 2.61

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

For the Engineering & Construction subindustry, Mahendra Realtors & Infrastructure'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.


Mahendra Realtors & Infrastructure Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Mahendra Realtors & Infrastructure's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Mahendra Realtors & Infrastructure's Interest Coverage falls into.


NSE:MRIL
18GF Score
Mahendra Realtors & Infrastructure Ltd NSE:MRIL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Mahendra Realtors & Infrastructure 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.

Mahendra Realtors & Infrastructure's Interest Coverage for the fiscal year that ended in Mar. 2024 is calculated as

Here, for the fiscal year that ended in Mar. 2024, Mahendra Realtors & Infrastructure's Interest Expense was ₹-6.8 Mil. Its Operating Income was ₹131.5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*131.517/-6.764
=19.44

Mahendra Realtors & Infrastructure's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, Mahendra Realtors & Infrastructure's Interest Expense was ₹-5.1 Mil. Its Operating Income was ₹13.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*13.411/-5.136
=2.61

* 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 2.61 mean?
Mahendra Realtors & Infrastructure (NSE:MRIL) has a Interest Coverage of 2.61 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mahendra Realtors & Infrastructure and its competitors. This is 56% below median its historical median of 5.94. Over the past decade, Mahendra Realtors & Infrastructure's Interest Coverage has ranged from 2.61 to 19.44. According to the industry distribution chart, Mahendra Realtors & Infrastructure ranks #1043 out of 1353 companies in the Construction industry, placing it in the top 77.1%.
Is Mahendra Realtors & Infrastructure's Interest Coverage too high?
Mahendra Realtors & Infrastructure's current Interest Coverage of 2.61 is 56% below median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 2.61 to a high of 19.44. The Construction industry median Interest Coverage is 7.81. Mahendra Realtors & Infrastructure's value of 2.61 is 66.6% below this industry median. Based on the distribution chart, Mahendra Realtors & Infrastructure ranks #1043 out of 1353 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Mahendra Realtors & Infrastructure has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Mahendra Realtors & Infrastructure's Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Mahendra Realtors & Infrastructure ranks #1043 out of 1353 companies for Interest Coverage. This places Mahendra Realtors & Infrastructure in the lower half of its industry. The industry median Interest Coverage is 7.81. Mahendra Realtors & Infrastructure's value of 2.61 is 66.6% below this benchmark. Historically, Mahendra Realtors & Infrastructure's own Interest Coverage has ranged from 2.61 to 19.44 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 7.81, Mahendra Realtors & Infrastructure 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 1,353 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. Mahendra Realtors & Infrastructure's current Interest Coverage of 2.61 is 66.6% 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 Mahendra Realtors & Infrastructure 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. Mahendra Realtors & Infrastructure's current Interest Coverage is 2.61, which is 56% below median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahendra Realtors & Infrastructure stock overvalued right now?
Mahendra Realtors & Infrastructure (NSE:MRIL) has a current Interest Coverage of 2.61. The current Interest Coverage is 2.61, which is 56% below median its 10-year median of 5.94 and 66.6% below the Construction industry median of 7.81. Mahendra Realtors & Infrastructure's overall GF Score™ is 18/100 with 1 warning sign 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 Mahendra Realtors & Infrastructure (NSE:MRIL), the current Interest Coverage is 2.61 as of Sep. 2025. 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.

Mahendra Realtors & Infrastructure Business Description

Address Off S.V. Road, 603, Quantum Tower, Ram Baug, Opposite Dal Mill, Malad West, Mumbai, MH, IND, 400064
Mahendra Realtors & Infrastructure Ltd is engaged in providing a wide variety of services including but not limited to Structural Repairs, Rehabilitation, Retrofitting, Water Proofing, Corporate Interior, Build-Operate-Transfer (BOT) Projects, Maintenance, Construction, Infrastructure Restoration etc. It has undertaken several Structural repairs projects for various government departments and public sectors organizations, for example, Structural Repairs projects at CIDCO Vashi Railway Station and Belapur Railway Station undertaken by deploying various latest inventive techniques viz. Polymer Modified Mortar, micro concrete, Injection Grouting, Texture, Huge waterproofing with heat insulation etc.
18GF Score

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

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