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NitcoNSE:NITCO +7.80%41 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NSE:NITCO with a GF Score™ of 41/100 and a GF Value™ of ₹51.68 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,359 Construction companies, Nitco ranks worse than 73.58% 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. Nitco's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-72 Mil. Nitco's Interest Expense for the
three
months ended in Mar. 2026 was ₹-29 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Nitco's Interest Coverage or its related term are showing as below:
NSE:NITCO'
s Interest Coverage Range Over the Past 10 Years
Min: 1.42 Med: 1.42 Max: 3.02
Current: 3.02
NSE:NITCO's Interest Coverage is ranked worse than 73.58% of 1359
companies
in the Construction industry
Industry Median: 7.81
vs NSE:NITCO: 3.02
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 .
Nitco Interest Coverage Related Terms
Nitco Interest Coverage Historical Data
* Premium members only.
The historical data trend for Nitco'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.
NSE:NITCO vs TT, JCI, CARR: Interest Coverage Comparison
For the Building Products & Equipment subindustry, Nitco'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.
Nitco Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Nitco's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Nitco's Interest Coverage falls into.
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:
Nitco did not have earnings to cover the interest expense.
* 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.
What does a Interest Coverage of 0 (At Loss) mean?
Nitco (NSE:NITCO) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Nitco and its competitors. Over the past decade, Nitco's Interest Coverage has ranged from 1.42 to 3.02. According to the industry distribution chart, Nitco ranks #1000 out of 1359 companies in the Construction industry, placing it in the top 73.6%.
Is Nitco's Interest Coverage too high?
Nitco's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 3.02. Based on the distribution chart, Nitco ranks #1000 out of 1359 companies in the Construction industry, which is below the industry midpoint. Overall, Nitco has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitco's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Nitco ranks #1000 out of 1359 companies for Interest Coverage. This places Nitco in the lower half of its industry. The industry median Interest Coverage is 7.81. Historically, Nitco's own Interest Coverage has ranged from 1.42 to 3.02 over the past decade. 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. 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 Nitco 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. Nitco's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitco stock overvalued right now?
Based on GuruFocus' analysis, Nitco (NSE:NITCO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹51.68, compared to a current price of ₹112.32 — trading 117.3% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Nitco's overall GF Score™ is 41/100 with 6 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 Nitco (NSE:NITCO), the current Interest Coverage is 0 (At Loss) 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 Nitco (NSE:NITCO) Overvalued in 2026?
Based on GuruFocus' analysis, Nitco stock appears to be overvalued.
The current stock price of ₹112.32 is trading 117.3% above its estimated GF Value™ of ₹51.68.
GuruFocus considers Nitco to be Significantly Overvalued.
Key valuation signals for NSE:NITCO:
Interest Coverage: 0 (At Loss)
GF Value™: ₹51.68 vs. price of ₹112.32 (117.3% above fair value)
No single metric tells the full story. See the NSE:NITCO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitco Ltd is an Indian company engaged in manufacturing and providing ceramic products, including floor/wall tiles, processing of marble, and outsourcing of vitrified tiles. It is also engaged in real estate development. The company portfolio comprises a range of tiles, marbles, mosaics, and development for real estate projects. Its segments include tiles and other related products, and real estate. The firm derives the majority of its revenue from tiles and other related products within India.
41GF Score
Get the complete analysis for NSE:NITCO
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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