Paragon Fine and Speciality Chemical (NSE:PARAGON) Interest Coverage: 100.21 (As of Mar. 2026) — 526% Above Median

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NSE:PARAGON Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
56 GF Score
Price ₹49.90
GF Value ₹109.84
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Paragon Fine and Speciality Chemical Interest Coverage?

Paragon Fine and Speciality Chemical NSE:PARAGON 56 Interest Coverage is 100.21 as of Mar. 2026, which is 526% above its 10-year median of 16.00. GuruFocus rates NSE:PARAGON with a GF Score™ of 56/100 and a GF Value™ of ₹109.84 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 1,246 Chemicals companies, Paragon Fine and Speciality Chemical ranks better than 82.66% 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. Paragon Fine and Speciality Chemical's Operating Income for the six months ended in Mar. 2026 was ₹91 Mil. Paragon Fine and Speciality Chemical's Interest Expense for the six months ended in Mar. 2026 was ₹-1 Mil. Paragon Fine and Speciality Chemical's interest coverage for the quarter that ended in Mar. 2026 was 100.21. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Paragon Fine and Speciality Chemical Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Paragon Fine and Speciality Chemical's Interest Coverage or its related term are showing as below:

NSE:PARAGON' s Interest Coverage Range Over the Past 10 Years
Min: 7.59   Med: 16   Max: 76.31
Current: 76.31


NSE:PARAGON's Interest Coverage is ranked better than
82.66% of 1246 companies
in the Chemicals industry
Industry Median: 10.31 vs NSE:PARAGON: 76.31

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


Paragon Fine and Speciality Chemical  (NSE:PARAGON) 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 .


Paragon Fine and Speciality Chemical Interest Coverage Related Terms


Paragon Fine and Speciality Chemical Interest Coverage Historical Data

* Premium members only.

The historical data trend for Paragon Fine and Speciality Chemical'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.

Paragon Fine and Speciality Chemical Interest Coverage Chart

Paragon Fine and Speciality Chemical Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 9.63 10.74 21.25 38.86 76.30

Paragon Fine and Speciality Chemical Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial N/A 12.37 162.45 39.42 100.21

NSE:PARAGON vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Paragon Fine and Speciality Chemical'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.


Paragon Fine and Speciality Chemical Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Paragon Fine and Speciality Chemical's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Paragon Fine and Speciality Chemical's Interest Coverage falls into.


NSE:PARAGON
56GF Score
Paragon Fine and Speciality Chemical Ltd NSE:PARAGON
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Paragon Fine and Speciality Chemical 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.

Paragon Fine and Speciality Chemical'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, Paragon Fine and Speciality Chemical's Interest Expense was ₹-1 Mil. Its Operating Income was ₹114 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*113.923/-1.493
=76.30

Paragon Fine and Speciality Chemical's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Paragon Fine and Speciality Chemical's Interest Expense was ₹-1 Mil. Its Operating Income was ₹91 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*90.787/-0.906
=100.21

* 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 100.21 mean?
Paragon Fine and Speciality Chemical (NSE:PARAGON) has a Interest Coverage of 100.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Paragon Fine and Speciality Chemical and its competitors. This is 526% above median its historical median of 16.00. Over the past decade, Paragon Fine and Speciality Chemical's Interest Coverage has ranged from 7.59 to 76.31. According to the industry distribution chart, Paragon Fine and Speciality Chemical ranks #216 out of 1246 companies in the Chemicals industry, placing it in the top 17.3%.
Is Paragon Fine and Speciality Chemical's Interest Coverage too high?
Paragon Fine and Speciality Chemical's current Interest Coverage of 100.21 is 526% above median its 10-year median of 16.00. Over the past 10 years, this metric has ranged from a low of 7.59 to a high of 76.31. The Chemicals industry median Interest Coverage is 10.31. Paragon Fine and Speciality Chemical's value of 100.21 is 872% above this industry median. Based on the distribution chart, Paragon Fine and Speciality Chemical ranks #216 out of 1246 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Paragon Fine and Speciality Chemical has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Paragon Fine and Speciality Chemical's Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Paragon Fine and Speciality Chemical ranks #216 out of 1246 companies for Interest Coverage. This places Paragon Fine and Speciality Chemical in the top 17% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.31. Paragon Fine and Speciality Chemical's value of 100.21 is 872% above this benchmark. Historically, Paragon Fine and Speciality Chemical's own Interest Coverage has ranged from 7.59 to 76.31 over the past decade. While the company's 10-year median is 16.00 vs. the industry median of 10.31, Paragon Fine and Speciality Chemical 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 a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.31, based on 1,246 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. Paragon Fine and Speciality Chemical's current Interest Coverage of 100.21 is 872% 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 Paragon Fine and Speciality Chemical and its competitors. For the Chemicals industry, the median Interest Coverage is 10.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paragon Fine and Speciality Chemical's current Interest Coverage is 100.21, which is 526% above median its own 10-year median of 16.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paragon Fine and Speciality Chemical stock overvalued right now?
Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical (NSE:PARAGON) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹109.84, compared to a current price of ₹49.90 — trading 54.6% below its estimated fair value. The current Interest Coverage is 100.21, which is 526% above median its 10-year median of 16.00 and 872% above the Chemicals industry median of 10.31. Paragon Fine and Speciality Chemical's overall GF Score™ is 56/100 with 5 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 Paragon Fine and Speciality Chemical (NSE:PARAGON), the current Interest Coverage is 100.21 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 Paragon Fine and Speciality Chemical (NSE:PARAGON) Overvalued in 2026?

Based on GuruFocus' analysis, Paragon Fine and Speciality Chemical stock appears to be undervalued. The current stock price of ₹49.90 is trading 54.6% below its estimated GF Value™ of ₹109.84. GuruFocus considers Paragon Fine and Speciality Chemical to be Significantly Undervalued.

Key valuation signals for NSE:PARAGON:

  • Interest Coverage: 100.21 (526% above median its 10-year median of 16.00)
  • GF Value™: ₹109.84 vs. price of ₹49.90 (54.6% below fair value)
  • GF Score™: 56/100 with 5 warning signs
  • Industry Position: 872% above the Chemicals median (#216 of 1246)

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


Paragon Fine and Speciality Chemical Business Description

Address S.G. Highway, 1001/1, Parshwa Tower, Near Pakvan Hotel, Bodakdev, Ahmedabad, GJ, IND, 380054
Paragon Fine and Speciality Chemical Ltd is engaged in the business of custom synthesis and manufacturing of specialty chemical intermediates involving complex and differentiated chemistry. Its diverse types of products find applications across various industries, including pharma, agrochemicals, cosmetics, pigments and dyes.
56GF Score

Get the complete analysis for NSE:PARAGON

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

₹49.90
Price
₹109.84
GF Value