Olectra GreentechNSE:OLECTRA -3.11%89 Interest Coverage is 5.76 as of Mar. 2026, which is 19% above its 10-year median of 4.85. GuruFocus rates NSE:OLECTRA with a GF Score™ of 89/100 and a GF Value™ of ₹2,308.51 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 168 Farm & Heavy Construction Machinery companies, Olectra Greentech ranks worse than 71.43% 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. Olectra Greentech's
Operating Income
for the
three
months ended in Mar. 2026 was ₹886 Mil. Olectra Greentech's Interest Expense for the
three
months ended in Mar. 2026 was ₹-154 Mil.
Olectra Greentech's interest coverage for the quarter that ended in Mar. 2026 was 5.76.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Olectra Greentech's Interest Coverage or its related term are showing as below:
NSE:OLECTRA'
s Interest Coverage Range Over the Past 10 Years
Min: 2.68 Med: 4.85 Max: 11.39
Current: 4.65
NSE:OLECTRA's Interest Coverage is ranked worse than 71.43% of 168
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.33
vs NSE:OLECTRA: 4.65
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 .
Olectra Greentech Interest Coverage Related Terms
Olectra Greentech Interest Coverage Historical Data
* Premium members only.
The historical data trend for Olectra Greentech'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:OLECTRA vs CAT, DE, PCAR: Interest Coverage Comparison
For the Farm & Heavy Construction Machinery subindustry, Olectra Greentech'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.
Olectra Greentech Interest Coverage vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Olectra Greentech's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Olectra Greentech'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:
* 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.
Olectra Greentech (NSE:OLECTRA) has a Interest Coverage of 5.76 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Olectra Greentech and its competitors. This is 19% above median its historical median of 4.85. Over the past decade, Olectra Greentech's Interest Coverage has ranged from 2.68 to 11.39. According to the industry distribution chart, Olectra Greentech ranks #120 out of 168 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 71.4%.
Is Olectra Greentech's Interest Coverage too high?
Olectra Greentech's current Interest Coverage of 5.76 is 19% above median its 10-year median of 4.85. Over the past 10 years, this metric has ranged from a low of 2.68 to a high of 11.39. The Farm & Heavy Construction Machinery industry median Interest Coverage is 9.33. Olectra Greentech's value of 5.76 is 38.3% below this industry median. Based on the distribution chart, Olectra Greentech ranks #120 out of 168 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Olectra Greentech has a GF Score™ of 89/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Olectra Greentech's Interest Coverage compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Olectra Greentech ranks #120 out of 168 companies for Interest Coverage. This places Olectra Greentech in the lower half of its industry. The industry median Interest Coverage is 9.33. Olectra Greentech's value of 5.76 is 38.3% below this benchmark. Historically, Olectra Greentech's own Interest Coverage has ranged from 2.68 to 11.39 over the past decade. While the company's 10-year median is 4.85 vs. the industry median of 9.33, Olectra Greentech 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 Farm & Heavy Construction Machinery company?
The median Interest Coverage among Farm & Heavy Construction Machinery companies is 9.33, based on 168 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. Olectra Greentech's current Interest Coverage of 5.76 is 38.3% 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 Olectra Greentech and its competitors. For the Farm & Heavy Construction Machinery industry, the median Interest Coverage is 9.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Olectra Greentech's current Interest Coverage is 5.76, which is 19% above median its own 10-year median of 4.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Olectra Greentech stock overvalued right now?
Based on GuruFocus' analysis, Olectra Greentech (NSE:OLECTRA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,308.51, compared to a current price of ₹1,490.00 — trading 35.5% below its estimated fair value. The current Interest Coverage is 5.76, which is 19% above median its 10-year median of 4.85 and 38.3% below the Farm & Heavy Construction Machinery industry median of 9.33. Olectra Greentech's overall GF Score™ is 89/100 with 4 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 Olectra Greentech (NSE:OLECTRA), the current Interest Coverage is 5.76 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 Olectra Greentech (NSE:OLECTRA) Overvalued in 2026?
Based on GuruFocus' analysis, Olectra Greentech stock appears to be undervalued.
The current stock price of ₹1,490.00 is trading 35.5% below its estimated GF Value™ of ₹2,308.51.
GuruFocus considers Olectra Greentech to be Possible Value Trap.
Key valuation signals for NSE:OLECTRA:
Interest Coverage: 5.76 (19% above median its 10-year median of 4.85)
GF Value™: ₹2,308.51 vs. price of ₹1,490.00 (35.5% below fair value)
Industry Position: 38.3% below the Farm & Heavy Construction Machinery median (#120 of 168)
No single metric tells the full story. See the NSE:OLECTRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Olectra Greentech Ltd is engaged in the manufacturing of polymer insulators, electric trucks, and electric buses in India. The company's reportable segments are; Composite Polymer Insulators, and the E-Vehicle division which derives the majority of its revenue, and includes electric buses and trucks.
89GF Score
Get the complete analysis for NSE:OLECTRA
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:OLECTRA has been successfully added to your 
