Neptune Petrochemicals (NSE:NEPTUNE) Interest Coverage: 51.18 (As of Sep. 2025) — 82% Above Median

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NSE:NEPTUNE Neptune Petrochemicals Ltd NSE:NEPTUNE
18 GF Score
Price ₹180.00
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What is Neptune Petrochemicals Interest Coverage?

Neptune Petrochemicals NSE:NEPTUNE -1.64% 18 Interest Coverage is 51.18 as of Sep. 2025, which is 82% above its 10-year median of 28.14. GuruFocus rates NSE:NEPTUNE with a GF Score™ of 18/100. The stock has 1 warning sign investors should review. Among 730 Oil & Gas companies, Neptune Petrochemicals ranks better than 81.37% 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. Neptune Petrochemicals's Operating Income for the six months ended in Sep. 2025 was ₹138 Mil. Neptune Petrochemicals's Interest Expense for the six months ended in Sep. 2025 was ₹-3 Mil. Neptune Petrochemicals's interest coverage for the quarter that ended in Sep. 2025 was 51.18. The higher the ratio, the stronger the company's financial strength is.

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

NSE:NEPTUNE' s Interest Coverage Range Over the Past 10 Years
Min: 2.8   Med: 28.14   Max: 254.91
Current: 51.18


NSE:NEPTUNE's Interest Coverage is ranked better than
81.37% of 730 companies
in the Oil & Gas industry
Industry Median: 5.89 vs NSE:NEPTUNE: 51.18

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


Neptune Petrochemicals  (NSE:NEPTUNE) 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 .


Neptune Petrochemicals Interest Coverage Related Terms


Neptune Petrochemicals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Neptune Petrochemicals'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.

Neptune Petrochemicals Interest Coverage Chart

Neptune Petrochemicals Annual Data
Trend Mar22 Mar23 Mar24
Interest Coverage
2.80 28.14 254.91

Neptune Petrochemicals Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Sep25
Interest Coverage N/A No Debt No Debt 191.26 51.18

NSE:NEPTUNE vs VLO, MPC, PSX: Interest Coverage Comparison

For the Oil & Gas Refining & Marketing subindustry, Neptune Petrochemicals'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.


Neptune Petrochemicals Interest Coverage vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Neptune Petrochemicals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Neptune Petrochemicals's Interest Coverage falls into.


NSE:NEPTUNE
18GF Score
Neptune Petrochemicals Ltd NSE:NEPTUNE
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Neptune Petrochemicals 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.

Neptune Petrochemicals'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, Neptune Petrochemicals's Interest Expense was ₹-1 Mil. Its Operating Income was ₹203 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2024 )/Interest Expense (A: Mar. 2024 )
=-1*202.654/-0.795
=254.91

Neptune Petrochemicals's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, Neptune Petrochemicals's Interest Expense was ₹-3 Mil. Its Operating Income was ₹138 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*138.449/-2.705
=51.18

* 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 51.18 mean?
Neptune Petrochemicals (NSE:NEPTUNE) has a Interest Coverage of 51.18 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Neptune Petrochemicals and its competitors. This is 82% above median its historical median of 28.14. Over the past decade, Neptune Petrochemicals' Interest Coverage has ranged from 2.80 to 254.91. According to the industry distribution chart, Neptune Petrochemicals ranks #136 out of 730 companies in the Oil & Gas industry, placing it in the top 18.6%.
Is Neptune Petrochemicals' Interest Coverage too high?
Neptune Petrochemicals' current Interest Coverage of 51.18 is 82% above median its 10-year median of 28.14. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 254.91. The Oil & Gas industry median Interest Coverage is 5.89. Neptune Petrochemicals' value of 51.18 is 768.9% above this industry median. Based on the distribution chart, Neptune Petrochemicals ranks #136 out of 730 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Neptune Petrochemicals has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Neptune Petrochemicals' Interest Coverage compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Neptune Petrochemicals ranks #136 out of 730 companies for Interest Coverage. This places Neptune Petrochemicals in the top 19% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.89. Neptune Petrochemicals' value of 51.18 is 768.9% above this benchmark. Historically, Neptune Petrochemicals' own Interest Coverage has ranged from 2.80 to 254.91 over the past decade. While the company's 10-year median is 28.14 vs. the industry median of 5.89, Neptune Petrochemicals has consistently been above 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 Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 730 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. Neptune Petrochemicals's current Interest Coverage of 51.18 is 768.9% above 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 Neptune Petrochemicals and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neptune Petrochemicals's current Interest Coverage is 51.18, which is 82% above median its own 10-year median of 28.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neptune Petrochemicals stock overvalued right now?
Neptune Petrochemicals (NSE:NEPTUNE) has a current Interest Coverage of 51.18. The current Interest Coverage is 51.18, which is 82% above median its 10-year median of 28.14 and 768.9% above the Oil & Gas industry median of 5.89. Neptune Petrochemicals' 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 Neptune Petrochemicals (NSE:NEPTUNE), the current Interest Coverage is 51.18 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.

Neptune Petrochemicals Business Description

Industry EnergyOil & Gas
Address S. G. Highway, k-B, Office No. 606, Mondeal Heights Nr. Panchratna Party Plot, Ahmedabad, GJ, IND, 380015
Neptune Petrochemicals Ltd is engaged in the business of manufacturing and trading of a comprehensive range of bitumen products, bitumen emulsions and allied products. Its product portfolio that includes various grades of bitumen, modified bitumen like Polymer Modified Bitumen, Crumb Rubber based modified bitumen and oils, it serves a broad range of industries, particularly the construction and industrial applications and also offer a broad products tailored to the needs of the road construction and infrastructure industries. The company has one segment that is Dealing in Petrolyum Products. Geographically, it operates only in India.
18GF Score

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