PTC IndiaNSE:PTC -1.60%81 Interest Coverage is 2.69 as of Mar. 2026, which is 41% above its 10-year median of 1.91. GuruFocus rates NSE:PTC with a GF Score™ of 81/100 and a GF Value™ of ₹185.00 (Fairly Valued). The stock has 7 warning signs investors should review. Among 320 Utilities - Independent Power Producers companies, PTC India ranks better than 50.94% 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. PTC India's
Operating Income
for the
three
months ended in Mar. 2026 was ₹1,424 Mil. PTC India's Interest Expense for the
three
months ended in Mar. 2026 was ₹-530 Mil.
PTC India's interest coverage for the quarter that ended in Mar. 2026 was 2.69.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for PTC India's Interest Coverage or its related term are showing as below:
NSE:PTC'
s Interest Coverage Range Over the Past 10 Years
Min: 1.31 Med: 1.91 Max: 2.98
Current: 2.98
NSE:PTC's Interest Coverage is ranked better than 50.94% of 320
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.915
vs NSE:PTC: 2.98
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 .
PTC India Interest Coverage Related Terms
PTC India Interest Coverage Historical Data
* Premium members only.
The historical data trend for PTC India'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:PTC vs CEG, VST, NRG: Interest Coverage Comparison
For the Utilities - Independent Power Producers subindustry, PTC India'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.
PTC India Interest Coverage vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PTC India's Interest Coverage distribution charts can be found below:
* The bar in red indicates where PTC India'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.
PTC India (NSE:PTC) has a Interest Coverage of 2.69 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on PTC India and its competitors. This is 41% above median its historical median of 1.91. Over the past decade, PTC India's Interest Coverage has ranged from 1.31 to 2.98. According to the industry distribution chart, PTC India ranks #157 out of 320 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.1%.
Is PTC India's Interest Coverage too high?
PTC India's current Interest Coverage of 2.69 is 41% above median its 10-year median of 1.91. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 2.98. The Utilities - Independent Power Producers industry median Interest Coverage is 2.92. PTC India's value of 2.69 is 7.7% below this industry median. Based on the distribution chart, PTC India ranks #157 out of 320 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, PTC India has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PTC India's Interest Coverage compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, PTC India ranks #157 out of 320 companies for Interest Coverage. This puts PTC India in the upper half of its industry. The industry median Interest Coverage is 2.92. PTC India's value of 2.69 is 7.7% below this benchmark. Historically, PTC India's own Interest Coverage has ranged from 1.31 to 2.98 over the past decade. While the company's 10-year median is 1.91 vs. the industry median of 2.92, PTC India 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 an Utilities - Independent Power Producers company?
The median Interest Coverage among Utilities - Independent Power Producers companies is 2.92, based on 320 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. PTC India's current Interest Coverage of 2.69 is 7.7% 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 PTC India and its competitors. For the Utilities - Independent Power Producers industry, the median Interest Coverage is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTC India's current Interest Coverage is 2.69, which is 41% above median its own 10-year median of 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTC India stock overvalued right now?
Based on GuruFocus' analysis, PTC India (NSE:PTC) is currently considered Fairly Valued. The stock's GF Value™ is ₹185.00, compared to a current price of ₹181.80 — trading 1.7% below its estimated fair value. The current Interest Coverage is 2.69, which is 41% above median its 10-year median of 1.91 and 7.7% below the Utilities - Independent Power Producers industry median of 2.92. PTC India's overall GF Score™ is 81/100 with 7 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 PTC India (NSE:PTC), the current Interest Coverage is 2.69 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 PTC India (NSE:PTC) Overvalued in 2026?
Based on GuruFocus' analysis, PTC India stock appears to be undervalued.
The current stock price of ₹181.80 is trading 1.7% below its estimated GF Value™ of ₹185.00.
GuruFocus considers PTC India to be Fairly Valued.
Key valuation signals for NSE:PTC:
Interest Coverage: 2.69 (41% above median its 10-year median of 1.91)
GF Value™: ₹185.00 vs. price of ₹181.80 (1.7% below fair value)
Industry Position: 7.7% below the Utilities - Independent Power Producers median (#157 of 320)
No single metric tells the full story. See the NSE:PTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PTC India Ltd is a holding company. It is involved in the trading of electricity and offers power trading solutions in India. The company's segments include Power: it includes trading & generation of power. Financing business: It includes investing in equity or extending debt to power projects in generation, transmission, distribution, fuel resources, and fuel-related infrastructure. The company derives the majority of its revenue from India.
81GF Score
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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