Pushpa Jewellers (NSE:PUSHPA) Interest Coverage: 17.72 (As of Mar. 2026) — 10% Below Median


NSE:PUSHPA Pushpa Jewellers Ltd NSE:PUSHPA
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What is Pushpa Jewellers Interest Coverage?

Pushpa Jewellers NSE:PUSHPA +1.63% 30 Interest Coverage is 17.72 as of Mar. 2026, which is 10% below its 10-year median of 19.78. GuruFocus rates NSE:PUSHPA with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 825 Retail - Cyclical companies, Pushpa Jewellers ranks better than 67.88% 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. Pushpa Jewellers's Operating Income for the six months ended in Mar. 2026 was ₹372 Mil. Pushpa Jewellers's Interest Expense for the six months ended in Mar. 2026 was ₹-21 Mil. Pushpa Jewellers's interest coverage for the quarter that ended in Mar. 2026 was 17.72. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Pushpa Jewellers's Interest Coverage or its related term are showing as below:

NSE:PUSHPA' s Interest Coverage Range Over the Past 10 Years
Min: 14.64   Med: 19.78   Max: 36.46
Current: 17.72


NSE:PUSHPA's Interest Coverage is ranked better than
67.88% of 825 companies
in the Retail - Cyclical industry
Industry Median: 7.92 vs NSE:PUSHPA: 17.72

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


Pushpa Jewellers  (NSE:PUSHPA) 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 .


Pushpa Jewellers Interest Coverage Related Terms


Pushpa Jewellers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Pushpa Jewellers'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.

Pushpa Jewellers Interest Coverage Chart

Pushpa Jewellers Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
36.46 21.93 14.64 19.78 17.72

Pushpa Jewellers Semi-Annual Data
Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage 36.46 21.93 14.64 19.78 17.72

NSE:PUSHPA vs TPR: Interest Coverage Comparison

For the Luxury Goods subindustry, Pushpa Jewellers'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.


Pushpa Jewellers Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pushpa Jewellers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Pushpa Jewellers's Interest Coverage falls into.


NSE:PUSHPA
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Pushpa Jewellers Ltd NSE:PUSHPA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Pushpa Jewellers 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.

Pushpa Jewellers'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, Pushpa Jewellers's Interest Expense was ₹-21 Mil. Its Operating Income was ₹372 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹156 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*372.024/-20.989
=17.72

Pushpa Jewellers's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Pushpa Jewellers's Interest Expense was ₹-21 Mil. Its Operating Income was ₹372 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹156 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*372.024/-20.989
=17.72

* 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 17.72 mean?
Pushpa Jewellers (NSE:PUSHPA) has a Interest Coverage of 17.72 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Pushpa Jewellers and its competitors. This is 10% below median its historical median of 19.78. Over the past decade, Pushpa Jewellers' Interest Coverage has ranged from 14.64 to 36.46. According to the industry distribution chart, Pushpa Jewellers ranks #265 out of 825 companies in the Retail - Cyclical industry, placing it in the top 32.1%.
Is Pushpa Jewellers' Interest Coverage too high?
Pushpa Jewellers' current Interest Coverage of 17.72 is 10% below median its 10-year median of 19.78. Over the past 10 years, this metric has ranged from a low of 14.64 to a high of 36.46. The Retail - Cyclical industry median Interest Coverage is 7.92. Pushpa Jewellers' value of 17.72 is 123.7% above this industry median. Based on the distribution chart, Pushpa Jewellers ranks #265 out of 825 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Pushpa Jewellers has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Pushpa Jewellers' Interest Coverage compare to TPR?
According to the Retail - Cyclical industry distribution chart, Pushpa Jewellers ranks #265 out of 825 companies for Interest Coverage. This puts Pushpa Jewellers in the upper half of its industry. The industry median Interest Coverage is 7.92. Pushpa Jewellers' value of 17.72 is 123.7% above this benchmark. Historically, Pushpa Jewellers' own Interest Coverage has ranged from 14.64 to 36.46 over the past decade. While the company's 10-year median is 19.78 vs. the industry median of 7.92, Pushpa Jewellers 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.92, based on 825 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. Pushpa Jewellers's current Interest Coverage of 17.72 is 123.7% 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 Pushpa Jewellers and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pushpa Jewellers's current Interest Coverage is 17.72, which is 10% below median its own 10-year median of 19.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pushpa Jewellers stock overvalued right now?
Pushpa Jewellers (NSE:PUSHPA) has a current Interest Coverage of 17.72. The current Interest Coverage is 17.72, which is 10% below median its 10-year median of 19.78 and 123.7% above the Retail - Cyclical industry median of 7.92. Pushpa Jewellers' overall GF Score™ is 30/100 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 Pushpa Jewellers (NSE:PUSHPA), the current Interest Coverage is 17.72 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.

Pushpa Jewellers Business Description

Address Premises No. 22, East Topsia Road, 4th Floor, Flat No.4A, Tirumala 22, Kolkata, WB, IND, 700046
Pushpa Jewellers Ltd is a wholesale B2B jewellery maker with a presence across India. Its jewellery business includes the sale of a range of Traditional and Modern Gold jewellery. Its main focus is in detailing and highlighting small areas minutely as its jewellery consists of some of the world's finest stones, namely Emerald, Jade, Pearl and Meena. The company has a presence across multiple regions in India, and it also exports its jewellery in international markets like Dubai, the United States and Australia. The company generates the majority of its revenue from sales in the Domestic market.
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