Mukka Proteins (NSE:MUKKA) Interest Coverage: 1.89 (As of Mar. 2026) — 55% Below Median


NSE:MUKKA Mukka Proteins Ltd NSE:MUKKA
35 GF Score
Price ₹23.95
! 8 Warning Signs
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What is Mukka Proteins Interest Coverage?

Mukka Proteins NSE:MUKKA +0.34% 35 Interest Coverage is 1.89 as of Mar. 2026, which is 55% below its 10-year median of 4.16. GuruFocus rates NSE:MUKKA with a GF Score™ of 35/100. The stock has 8 warning signs investors should review. Among 1,505 Consumer Packaged Goods companies, Mukka Proteins ranks worse than 84.52% 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. Mukka Proteins's Operating Income for the three months ended in Mar. 2026 was ₹287 Mil. Mukka Proteins's Interest Expense for the three months ended in Mar. 2026 was ₹-152 Mil. Mukka Proteins's interest coverage for the quarter that ended in Mar. 2026 was 1.89. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Mukka Proteins Ltd interest coverage is 1.83, which is low.

The historical rank and industry rank for Mukka Proteins's Interest Coverage or its related term are showing as below:

NSE:MUKKA' s Interest Coverage Range Over the Past 10 Years
Min: 1.83   Med: 4.16   Max: 6.91
Current: 1.83


NSE:MUKKA's Interest Coverage is ranked worse than
84.52% of 1505 companies
in the Consumer Packaged Goods industry
Industry Median: 8.57 vs NSE:MUKKA: 1.83

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


Mukka Proteins  (NSE:MUKKA) 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 .


Mukka Proteins Interest Coverage Related Terms


Mukka Proteins Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mukka Proteins'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.

Mukka Proteins Interest Coverage Chart

Mukka Proteins Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 5.24 6.91 4.91 2.18 1.83

Mukka Proteins Quarterly Data
Mar19 Mar20 Mar21 Sep21 Mar22 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 2.56 1.02 1.29 2.84 1.89

NSE:MUKKA vs KHC, GIS: Interest Coverage Comparison

For the Packaged Foods subindustry, Mukka Proteins'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.


Mukka Proteins Interest Coverage vs Consumer Packaged Goods Industry

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

* The bar in red indicates where Mukka Proteins's Interest Coverage falls into.


NSE:MUKKA
35GF Score
Mukka Proteins Ltd NSE:MUKKA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Mukka Proteins 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.

Mukka Proteins'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, Mukka Proteins's Interest Expense was ₹-536 Mil. Its Operating Income was ₹980 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹409 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*979.89/-535.96
=1.83

Mukka Proteins's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Mukka Proteins's Interest Expense was ₹-152 Mil. Its Operating Income was ₹287 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹409 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*287.34/-151.7
=1.89

* 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 1.89 mean?
Mukka Proteins (NSE:MUKKA) has a Interest Coverage of 1.89 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mukka Proteins and its competitors. This is 55% below median its historical median of 4.16. Over the past decade, Mukka Proteins' Interest Coverage has ranged from 1.83 to 6.91. According to the industry distribution chart, Mukka Proteins ranks #1272 out of 1505 companies in the Consumer Packaged Goods industry, placing it in the top 84.5%.
Is Mukka Proteins' Interest Coverage too high?
Mukka Proteins' current Interest Coverage of 1.89 is 55% below median its 10-year median of 4.16. Over the past 10 years, this metric has ranged from a low of 1.83 to a high of 6.91. The Consumer Packaged Goods industry median Interest Coverage is 8.57. Mukka Proteins' value of 1.89 is 77.9% below this industry median. Based on the distribution chart, Mukka Proteins ranks #1272 out of 1505 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Mukka Proteins has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Mukka Proteins' Interest Coverage compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Mukka Proteins ranks #1272 out of 1505 companies for Interest Coverage. This places Mukka Proteins in the lower half of its industry. The industry median Interest Coverage is 8.57. Mukka Proteins' value of 1.89 is 77.9% below this benchmark. Historically, Mukka Proteins' own Interest Coverage has ranged from 1.83 to 6.91 over the past decade. While the company's 10-year median is 4.16 vs. the industry median of 8.57, Mukka Proteins 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 8.57, based on 1,505 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. Mukka Proteins's current Interest Coverage of 1.89 is 77.9% 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 Mukka Proteins and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mukka Proteins's current Interest Coverage is 1.89, which is 55% below median its own 10-year median of 4.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mukka Proteins stock overvalued right now?
Mukka Proteins (NSE:MUKKA) has a current Interest Coverage of 1.89. The current Interest Coverage is 1.89, which is 55% below median its 10-year median of 4.16 and 77.9% below the Consumer Packaged Goods industry median of 8.57. Mukka Proteins' overall GF Score™ is 35/100 with 8 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 Mukka Proteins (NSE:MUKKA), the current Interest Coverage is 1.89 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.

Mukka Proteins Business Description

Other Exchanges 544135:India
Address NG Road, Mukka Corporate House, Door No. 18-2-16/4, First Cross, Attavara, Dakshina Kannada, Mangaluru, KA, IND, 575001
Mukka Proteins Ltd is an animal protein company. The company manufactures and supplies fish meal, fish oil, and fish soluble paste, which is an essential ingredient in the manufacturing of aqua feed (for fish and shrimp), poultry feed (for broilers and layers), and pet food. Fish oil of the company also finds its application in pharmaceutical products (additionally, Omega-3 pills and related products derived from fish oil are gaining importance as high-nutrient and healthy dietary supplements), soap manufacturing, leather tanneries & paint industries. The company sells its products domestically and also exports them to over 10 countries, including Bahrain, Bangladesh, Chile, Indonesia, Malaysia, Myanmar, Philippines, China, Saudi Arabia, South Korea, Oman, Taiwan, and Vietnam.
35GF 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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