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Patel RetailNSE:PATELRMART -0.30%17 Interest Coverage is 4.26 as of Mar. 2026, which is 34% above its 10-year median of 3.19. GuruFocus rates NSE:PATELRMART with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 836 Retail - Cyclical companies, Patel Retail ranks worse than 62.32% 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. Patel Retail's
Operating Income
for the
three
months ended in Mar. 2026 was ₹108 Mil. Patel Retail's Interest Expense for the
three
months ended in Mar. 2026 was ₹-25 Mil.
Patel Retail's interest coverage for the quarter that ended in Mar. 2026 was 4.26.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Patel Retail's Interest Coverage or its related term are showing as below:
NSE:PATELRMART'
s Interest Coverage Range Over the Past 10 Years
Min: 2.77 Med: 3.19 Max: 4.89
Current: 4.89
NSE:PATELRMART's Interest Coverage is ranked worse than 62.32% of 836
companies
in the Retail - Cyclical industry
Industry Median: 7.46
vs NSE:PATELRMART: 4.89
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 .
Patel Retail Interest Coverage Related Terms
Patel Retail Interest Coverage Historical Data
* Premium members only.
The historical data trend for Patel Retail'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:PATELRMART vs DDS, M: Interest Coverage Comparison
For the Department Stores subindustry, Patel Retail'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.
Patel Retail Interest Coverage vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Patel Retail's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Patel Retail'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.
Patel Retail (NSE:PATELRMART) has a Interest Coverage of 4.26 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Patel Retail and its competitors. This is 34% above median its historical median of 3.19. Over the past decade, Patel Retail's Interest Coverage has ranged from 2.77 to 4.89. According to the industry distribution chart, Patel Retail ranks #521 out of 836 companies in the Retail - Cyclical industry, placing it in the top 62.3%.
Is Patel Retail's Interest Coverage too high?
Patel Retail's current Interest Coverage of 4.26 is 34% above median its 10-year median of 3.19. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 4.89. The Retail - Cyclical industry median Interest Coverage is 7.46. Patel Retail's value of 4.26 is 42.9% below this industry median. Based on the distribution chart, Patel Retail ranks #521 out of 836 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Patel Retail has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Patel Retail's Interest Coverage compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Patel Retail ranks #521 out of 836 companies for Interest Coverage. This places Patel Retail in the lower half of its industry. The industry median Interest Coverage is 7.46. Patel Retail's value of 4.26 is 42.9% below this benchmark. Historically, Patel Retail's own Interest Coverage has ranged from 2.77 to 4.89 over the past decade. While the company's 10-year median is 3.19 vs. the industry median of 7.46, Patel Retail 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.46, based on 836 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. Patel Retail's current Interest Coverage of 4.26 is 42.9% 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 Patel Retail and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patel Retail's current Interest Coverage is 4.26, which is 34% above median its own 10-year median of 3.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patel Retail stock overvalued right now?
Patel Retail (NSE:PATELRMART) has a current Interest Coverage of 4.26. The current Interest Coverage is 4.26, which is 34% above median its 10-year median of 3.19 and 42.9% below the Retail - Cyclical industry median of 7.46. Patel Retail's overall GF Score™ is 17/100 with 3 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 Patel Retail (NSE:PATELRMART), the current Interest Coverage is 4.26 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.
Patel Retail Ltd is engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, with focus on value retail, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family. Its operations are spread across the suburban area of Thane and Raigad district in Maharashtra. The company operates and manages approximately forty three (43) stores, with a Retail Business Area25 of approx. 1,78,946 square feet.
17GF Score
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