Parth Electricals & Engineering (NSE:PARTH) Interest Coverage: 81.03 (As of Mar. 2026) — 1251% Above Median


NSE:PARTH Parth Electricals & Engineering Ltd NSE:PARTH
18 GF Score
Price ₹406.45
! 5 Warning Signs
View Full Analysis

What is Parth Electricals & Engineering Interest Coverage?

Parth Electricals & Engineering NSE:PARTH +4.61% 18 Interest Coverage is 81.03 as of Mar. 2026, which is 1251% above its 10-year median of 6.00. GuruFocus rates NSE:PARTH with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 2,322 Industrial Products companies, Parth Electricals & Engineering ranks worse than 50.09% 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. Parth Electricals & Engineering's Operating Income for the six months ended in Mar. 2026 was ₹99 Mil. Parth Electricals & Engineering's Interest Expense for the six months ended in Mar. 2026 was ₹-1 Mil. Parth Electricals & Engineering's interest coverage for the quarter that ended in Mar. 2026 was 81.03. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Parth Electricals & Engineering's Interest Coverage or its related term are showing as below:

NSE:PARTH' s Interest Coverage Range Over the Past 10 Years
Min: 4.63   Med: 6   Max: 14.72
Current: 14.72


NSE:PARTH's Interest Coverage is ranked worse than
50.09% of 2322 companies
in the Industrial Products industry
Industry Median: 14.775 vs NSE:PARTH: 14.72

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


Parth Electricals & Engineering  (NSE:PARTH) 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 .


Parth Electricals & Engineering Interest Coverage Related Terms


Parth Electricals & Engineering Interest Coverage Historical Data

* Premium members only.

The historical data trend for Parth Electricals & Engineering'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.

Parth Electricals & Engineering Interest Coverage Chart

Parth Electricals & Engineering Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
4.63 5.72 6.27 14.72

Parth Electricals & Engineering Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial N/A 4.57 8.41 7.61 81.03

NSE:PARTH vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Parth Electricals & Engineering'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.


Parth Electricals & Engineering Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parth Electricals & Engineering's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Parth Electricals & Engineering's Interest Coverage falls into.


NSE:PARTH
18GF Score
Parth Electricals & Engineering Ltd NSE:PARTH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Parth Electricals & Engineering 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.

Parth Electricals & Engineering'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, Parth Electricals & Engineering's Interest Expense was ₹-13 Mil. Its Operating Income was ₹185 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*185.328/-12.594
=14.72

Parth Electricals & Engineering's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Parth Electricals & Engineering's Interest Expense was ₹-1 Mil. Its Operating Income was ₹99 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*98.779/-1.219
=81.03

* 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 81.03 mean?
Parth Electricals & Engineering (NSE:PARTH) has a Interest Coverage of 81.03 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Parth Electricals & Engineering and its competitors. This is 1251% above median its historical median of 6.00. Over the past decade, Parth Electricals & Engineering's Interest Coverage has ranged from 4.63 to 14.72. According to the industry distribution chart, Parth Electricals & Engineering ranks #1163 out of 2322 companies in the Industrial Products industry, placing it in the top 50.1%.
Is Parth Electricals & Engineering's Interest Coverage too high?
Parth Electricals & Engineering's current Interest Coverage of 81.03 is 1251% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 4.63 to a high of 14.72. The Industrial Products industry median Interest Coverage is 14.78. Parth Electricals & Engineering's value of 81.03 is 448.4% above this industry median. Based on the distribution chart, Parth Electricals & Engineering ranks #1163 out of 2322 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Parth Electricals & Engineering has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Parth Electricals & Engineering's Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Parth Electricals & Engineering ranks #1163 out of 2322 companies for Interest Coverage. This places Parth Electricals & Engineering in the lower half of its industry. The industry median Interest Coverage is 14.78. Parth Electricals & Engineering's value of 81.03 is 448.4% above this benchmark. Historically, Parth Electricals & Engineering's own Interest Coverage has ranged from 4.63 to 14.72 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 14.78, Parth Electricals & Engineering 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 Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.78, based on 2,322 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. Parth Electricals & Engineering's current Interest Coverage of 81.03 is 448.4% 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 Parth Electricals & Engineering and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parth Electricals & Engineering's current Interest Coverage is 81.03, which is 1251% above median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parth Electricals & Engineering stock overvalued right now?
Parth Electricals & Engineering (NSE:PARTH) has a current Interest Coverage of 81.03. The current Interest Coverage is 81.03, which is 1251% above median its 10-year median of 6.00 and 448.4% above the Industrial Products industry median of 14.78. Parth Electricals & Engineering's overall GF Score™ is 18/100 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 Parth Electricals & Engineering (NSE:PARTH), the current Interest Coverage is 81.03 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.

Parth Electricals & Engineering Business Description

Address Ellora Park Main Road, 301, 3rd Floor, Riddhi Siddhi Elanza, Behind Domino's Pizza Outlet, Subhanpura, Vadodara, GJ, IND, 390023
Parth Electricals & Engineering Ltd is a technology-driven company with a focus on quality, design, and product development. It is engaged in the business of manufacturing electric switch gear equipment and, distribution of such products. providing services and undertaking the project work, thus operating in a single business segment.
18GF Score

Get the complete analysis for NSE:PARTH

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

₹406.45
Price