Omax Autos (NSE:OMAXAUTO) Interest Coverage: 2.65 (As of Jun. 2026) — 273% Above Median

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NSE:OMAXAUTO Omax Autos Ltd NSE:OMAXAUTO
63 GF Score
Price ₹190.59
GF Value ₹152.60
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Omax Autos Interest Coverage?

Omax Autos NSE:OMAXAUTO +2.25% 63 Interest Coverage is 2.65 as of Jun. 2026, which is 273% above its 10-year median of 0.71. GuruFocus rates NSE:OMAXAUTO with a GF Score™ of 63/100 and a GF Value™ of ₹152.60 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,066 Vehicles & Parts companies, Omax Autos ranks worse than 78.99% 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. Omax Autos's Operating Income for the three months ended in Jun. 2026 was ₹92 Mil. Omax Autos's Interest Expense for the three months ended in Jun. 2026 was ₹-35 Mil. Omax Autos's interest coverage for the quarter that ended in Jun. 2026 was 2.65. The higher the ratio, the stronger the company's financial strength is.

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

NSE:OMAXAUTO' s Interest Coverage Range Over the Past 10 Years
Min: 0.43   Med: 0.71   Max: 2.42
Current: 2.42


NSE:OMAXAUTO's Interest Coverage is ranked worse than
78.99% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.54 vs NSE:OMAXAUTO: 2.42

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


Omax Autos  (NSE:OMAXAUTO) 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 .


Omax Autos Interest Coverage Related Terms


Omax Autos Interest Coverage Historical Data

* Premium members only.

The historical data trend for Omax Autos'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.

Omax Autos Interest Coverage Chart

Omax Autos Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.65 1.97

Omax Autos Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only 0.93 0.20 2.61 4.40 2.65

NSE:OMAXAUTO vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Omax Autos'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.


Omax Autos Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Omax Autos's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Omax Autos's Interest Coverage falls into.


NSE:OMAXAUTO
63GF Score
Omax Autos Ltd NSE:OMAXAUTO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Omax Autos 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.

Omax Autos'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, Omax Autos's Interest Expense was ₹-164 Mil. Its Operating Income was ₹324 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹247 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*324.215/-164.426
=1.97

Omax Autos's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Omax Autos's Interest Expense was ₹-35 Mil. Its Operating Income was ₹92 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*91.912/-34.63
=2.65

* 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 2.65 mean?
Omax Autos (NSE:OMAXAUTO) has a Interest Coverage of 2.65 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Omax Autos and its competitors. This is 273% above median its historical median of 0.71. Over the past decade, Omax Autos' Interest Coverage has ranged from 0.43 to 2.42. According to the industry distribution chart, Omax Autos ranks #842 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 79%.
Is Omax Autos' Interest Coverage too high?
Omax Autos' current Interest Coverage of 2.65 is 273% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 2.42. The Vehicles & Parts industry median Interest Coverage is 8.54. Omax Autos' value of 2.65 is 69% below this industry median. Based on the distribution chart, Omax Autos ranks #842 out of 1066 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Omax Autos has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Omax Autos' Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Omax Autos ranks #842 out of 1066 companies for Interest Coverage. This places Omax Autos in the lower half of its industry. The industry median Interest Coverage is 8.54. Omax Autos' value of 2.65 is 69% below this benchmark. Historically, Omax Autos' own Interest Coverage has ranged from 0.43 to 2.42 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 8.54, Omax Autos 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.54, based on 1,066 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. Omax Autos's current Interest Coverage of 2.65 is 69% 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 Omax Autos and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Omax Autos's current Interest Coverage is 2.65, which is 273% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omax Autos stock overvalued right now?
Based on GuruFocus' analysis, Omax Autos (NSE:OMAXAUTO) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹152.60, compared to a current price of ₹190.59 — trading 24.9% above its estimated fair value. The current Interest Coverage is 2.65, which is 273% above median its 10-year median of 0.71 and 69% below the Vehicles & Parts industry median of 8.54. Omax Autos' overall GF Score™ is 63/100 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 Omax Autos (NSE:OMAXAUTO), the current Interest Coverage is 2.65 as of Jun. 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 Omax Autos (NSE:OMAXAUTO) Overvalued in 2026?

Based on GuruFocus' analysis, Omax Autos stock appears to be overvalued. The current stock price of ₹190.59 is trading 24.9% above its estimated GF Value™ of ₹152.60. GuruFocus considers Omax Autos to be Modestly Overvalued.

Key valuation signals for NSE:OMAXAUTO:

  • Interest Coverage: 2.65 (273% above median its 10-year median of 0.71)
  • GF Value™: ₹152.60 vs. price of ₹190.59 (24.9% above fair value)
  • GF Score™: 63/100 with 1 warning sign
  • Industry Position: 69% below the Vehicles & Parts median (#842 of 1066)

No single metric tells the full story. See the NSE:OMAXAUTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Omax Autos Business Description

Other Exchanges 520021:India
Address Plot No. B-26, Institutional Area, Sector 32, Gurugram, HR, IND, 122001
Omax Autos Ltd is engaged in manufacturing automotive components in India. The company specialises in sheet metal components, tubular components, and machine components. It manages its business in automotive, railways and heavy fabrication, and energy areas. It offers frame assembly, step pavilion, and Saree Guard, among others for two-wheelers. It offers connecting rods, coupling connections, and Silent Block, among others for three-wheelers. The company's off-highway product range includes a front axle, clutch pedal, and brake pedal. Its railways and heavy fabrication products include coach building and retention tanks.
63GF Score

Get the complete analysis for NSE:OMAXAUTO

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

₹190.59
Price
₹152.60
GF Value