Piccadily Agro Industries (NSE:PICCADIL) Interest Coverage: 9.44 (As of Mar. 2026) — 302% Above Median

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NSE:PICCADIL Piccadily Agro Industries Ltd NSE:PICCADIL
64 GF Score
Price ₹729.55
GF Value ₹744.06
Valuation Fairly Valued
! 4 Warning Signs
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What is Piccadily Agro Industries Interest Coverage?

Piccadily Agro Industries NSE:PICCADIL -1.49% 64 Interest Coverage is 9.44 as of Mar. 2026, which is 302% above its 10-year median of 2.35. GuruFocus rates NSE:PICCADIL with a GF Score™ of 64/100 and a GF Value™ of ₹744.06 (Fairly Valued). The stock has 4 warning signs investors should review. Among 158 Beverages - Alcoholic companies, Piccadily Agro Industries ranks worse than 56.33% 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. Piccadily Agro Industries's Operating Income for the three months ended in Mar. 2026 was ₹657 Mil. Piccadily Agro Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-70 Mil. Piccadily Agro Industries's interest coverage for the quarter that ended in Mar. 2026 was 9.44. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Piccadily Agro Industries's Interest Coverage or its related term are showing as below:

NSE:PICCADIL' s Interest Coverage Range Over the Past 10 Years
Min: 1.07   Med: 2.35   Max: 10.36
Current: 7.59


NSE:PICCADIL's Interest Coverage is ranked worse than
56.33% of 158 companies
in the Beverages - Alcoholic industry
Industry Median: 8.56 vs NSE:PICCADIL: 7.59

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


Piccadily Agro Industries  (NSE:PICCADIL) 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 .


Piccadily Agro Industries Interest Coverage Related Terms


Piccadily Agro Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Piccadily Agro Industries'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.

Piccadily Agro Industries Interest Coverage Chart

Piccadily Agro Industries 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 1.13 3.64 10.36 5.87 7.59

Piccadily Agro Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 6.71 3.81 6.14 12.80 9.44

NSE:PICCADIL vs BF.B: Interest Coverage Comparison

For the Beverages - Wineries & Distilleries subindustry, Piccadily Agro Industries'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.


Piccadily Agro Industries Interest Coverage vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Piccadily Agro Industries's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Piccadily Agro Industries's Interest Coverage falls into.


NSE:PICCADIL
64GF Score
Piccadily Agro Industries Ltd NSE:PICCADIL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Piccadily Agro Industries 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.

Piccadily Agro Industries'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, Piccadily Agro Industries's Interest Expense was ₹-277 Mil. Its Operating Income was ₹2,101 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,451 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2101.415/-276.792
=7.59

Piccadily Agro Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Piccadily Agro Industries's Interest Expense was ₹-70 Mil. Its Operating Income was ₹657 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,451 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*656.538/-69.548
=9.44

* 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 9.44 mean?
Piccadily Agro Industries (NSE:PICCADIL) has a Interest Coverage of 9.44 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Piccadily Agro Industries and its competitors. This is 302% above median its historical median of 2.35. Over the past decade, Piccadily Agro Industries' Interest Coverage has ranged from 1.07 to 10.36. According to the industry distribution chart, Piccadily Agro Industries ranks #89 out of 158 companies in the Beverages - Alcoholic industry, placing it in the top 56.3%.
Is Piccadily Agro Industries' Interest Coverage too high?
Piccadily Agro Industries' current Interest Coverage of 9.44 is 302% above median its 10-year median of 2.35. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 10.36. The Beverages - Alcoholic industry median Interest Coverage is 8.56. Piccadily Agro Industries' value of 9.44 is 10.3% above this industry median. Based on the distribution chart, Piccadily Agro Industries ranks #89 out of 158 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Piccadily Agro Industries has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Piccadily Agro Industries' Interest Coverage compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Piccadily Agro Industries ranks #89 out of 158 companies for Interest Coverage. This places Piccadily Agro Industries in the lower half of its industry. The industry median Interest Coverage is 8.56. Piccadily Agro Industries' value of 9.44 is 10.3% above this benchmark. Historically, Piccadily Agro Industries' own Interest Coverage has ranged from 1.07 to 10.36 over the past decade. While the company's 10-year median is 2.35 vs. the industry median of 8.56, Piccadily Agro Industries 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 Beverages - Alcoholic company?
The median Interest Coverage among Beverages - Alcoholic companies is 8.56, based on 158 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. Piccadily Agro Industries's current Interest Coverage of 9.44 is 10.3% 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 Piccadily Agro Industries and its competitors. For the Beverages - Alcoholic industry, the median Interest Coverage is 8.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piccadily Agro Industries's current Interest Coverage is 9.44, which is 302% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piccadily Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Piccadily Agro Industries (NSE:PICCADIL) is currently considered Fairly Valued. The stock's GF Value™ is ₹744.06, compared to a current price of ₹729.55 — trading 2% below its estimated fair value. The current Interest Coverage is 9.44, which is 302% above median its 10-year median of 2.35 and 10.3% above the Beverages - Alcoholic industry median of 8.56. Piccadily Agro Industries' overall GF Score™ is 64/100 with 4 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 Piccadily Agro Industries (NSE:PICCADIL), the current Interest Coverage is 9.44 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 Piccadily Agro Industries (NSE:PICCADIL) Overvalued in 2026?

Based on GuruFocus' analysis, Piccadily Agro Industries stock appears to be undervalued. The current stock price of ₹729.55 is trading 2% below its estimated GF Value™ of ₹744.06. GuruFocus considers Piccadily Agro Industries to be Fairly Valued.

Key valuation signals for NSE:PICCADIL:

  • Interest Coverage: 9.44 (302% above median its 10-year median of 2.35)
  • GF Value™: ₹744.06 vs. price of ₹729.55 (2% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 10.3% above the Beverages - Alcoholic median (#89 of 158)

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


Piccadily Agro Industries Business Description

Other Exchanges 530305:India
Address JMD Pacific Square, G-17, Sector-15 (Part-2), Gurugram, HR, IND, 122002
Piccadily Agro Industries Ltd is an Indian company engaged in the manufacturing of white crystal sugar from sugarcane grown in nearby rural areas, along with related products such as molasses, power, and bagasse. The company is also involved in the production of rectified spirits, extra neutral alcohol (ENA), and malt, as well as the conversion of resin into PET bottles used for liquor in the distillery segment. It operates through two reportable segments: Sugar and Distillery. The Sugar segment includes refined sugar, molasses, bagasse, and power cogeneration, while the Distillery segment produces liquor, malt, carbon dioxide gas, ethanol, and PET bottles. The majority of the company's revenue is generated from the Distillery segment.
64GF Score

Get the complete analysis for NSE:PICCADIL

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

₹729.55
Price
₹744.06
GF Value