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. Pattech Fitwell Tube Components's
Operating Income
for the
six
months ended in Mar. 2026 was ₹18.7 Mil. Pattech Fitwell Tube Components's Interest Expense for the
six
months ended in Mar. 2026 was ₹-9.7 Mil.
Pattech Fitwell Tube Components's interest coverage for the quarter that ended in Mar. 2026 was 1.94.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Pattech Fitwell Tube Components's Interest Coverage or its related term are showing as below:
NSE:PATTECH'
s Interest Coverage Range Over the Past 10 Years
Min: 0.76 Med: 1.99 Max: 3.81
Current: 2.07
NSE:PATTECH's Interest Coverage is ranked worse than 75% of 456
companies
in the Steel industry
Industry Median: 4.445
vs NSE:PATTECH: 2.07
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 .
Pattech Fitwell Tube Components Interest Coverage Related Terms
Pattech Fitwell Tube Components Interest Coverage Historical Data
* 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:PATTECH vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Pattech Fitwell Tube Components'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.
Pattech Fitwell Tube Components Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Pattech Fitwell Tube Components's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Pattech Fitwell Tube Components'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.
Pattech Fitwell Tube Components (NSE:PATTECH) has a Interest Coverage of 1.94 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pattech Fitwell Tube Components and its competitors. This is near median its historical median of 1.99. Over the past decade, Pattech Fitwell Tube Components' Interest Coverage has ranged from 0.76 to 3.81. According to the industry distribution chart, Pattech Fitwell Tube Components ranks #342 out of 456 companies in the Steel industry, placing it in the top 75%.
Is Pattech Fitwell Tube Components' Interest Coverage too high?
Pattech Fitwell Tube Components' current Interest Coverage of 1.94 is near median its 10-year median of 1.99. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 3.81. The Steel industry median Interest Coverage is 4.45. Pattech Fitwell Tube Components' value of 1.94 is 56.4% below this industry median. Based on the distribution chart, Pattech Fitwell Tube Components ranks #342 out of 456 companies in the Steel industry, which is below the industry midpoint. Overall, Pattech Fitwell Tube Components has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pattech Fitwell Tube Components' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Pattech Fitwell Tube Components ranks #342 out of 456 companies for Interest Coverage. This places Pattech Fitwell Tube Components in the lower half of its industry. The industry median Interest Coverage is 4.45. Pattech Fitwell Tube Components' value of 1.94 is 56.4% below this benchmark. Historically, Pattech Fitwell Tube Components' own Interest Coverage has ranged from 0.76 to 3.81 over the past decade. While the company's 10-year median is 1.99 vs. the industry median of 4.45, Pattech Fitwell Tube Components 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Pattech Fitwell Tube Components's current Interest Coverage of 1.94 is 56.4% 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 Pattech Fitwell Tube Components and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pattech Fitwell Tube Components's current Interest Coverage is 1.94, which is near median its own 10-year median of 1.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pattech Fitwell Tube Components stock overvalued right now?
Based on GuruFocus' analysis, Pattech Fitwell Tube Components (NSE:PATTECH) is currently considered Fairly Valued. The stock's GF Value™ is ₹125.21, compared to a current price of ₹114.85 — trading 8.3% below its estimated fair value. The current Interest Coverage is 1.94, which is near median its 10-year median of 1.99 and 56.4% below the Steel industry median of 4.45. Pattech Fitwell Tube Components' overall GF Score™ is 85/100 with 6 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 Pattech Fitwell Tube Components (NSE:PATTECH), the current Interest Coverage is 1.94 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 Pattech Fitwell Tube Components (NSE:PATTECH) Overvalued in 2026?
Based on GuruFocus' analysis, Pattech Fitwell Tube Components stock appears to be undervalued.
The current stock price of ₹114.85 is trading 8.3% below its estimated GF Value™ of ₹125.21.
GuruFocus considers Pattech Fitwell Tube Components to be Fairly Valued.
Key valuation signals for NSE:PATTECH:
Interest Coverage: 1.94 (near median its 10-year median of 1.99)
GF Value™: ₹125.21 vs. price of ₹114.85 (8.3% below fair value)
Industry Position: 56.4% below the Steel median (#342 of 456)
No single metric tells the full story. See the NSE:PATTECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pattech Fitwell Tube Components Business Description
Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components, as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical and pharmaceutical, food processing, oil and gas, desalination and water treatment, shipbuilding, defense, fabrication of process equipment, and instrumentation.
85GF Score
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