Quality Foils (India) (NSE:QFIL) Interest Coverage: 1.18 (As of Mar. 2026) — 14% Below Median


NSE:QFIL Quality Foils (India) Ltd NSE:QFIL
59 GF Score
Price ₹58.00
GF Value ₹97.43
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Quality Foils (India) Interest Coverage?

Quality Foils (India) NSE:QFIL 59 Interest Coverage is 1.18 as of Mar. 2026, which is 14% below its 10-year median of 1.38. GuruFocus rates NSE:QFIL with a GF Score™ of 59/100 and a GF Value™ of ₹97.43 (Significantly Undervalued). The stock has 7 warning signs investors should review. Among 456 Steel companies, Quality Foils (India) ranks worse than 81.36% 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. Quality Foils (India)'s Operating Income for the six months ended in Mar. 2026 was ₹28 Mil. Quality Foils (India)'s Interest Expense for the six months ended in Mar. 2026 was ₹-24 Mil. Quality Foils (India)'s interest coverage for the quarter that ended in Mar. 2026 was 1.18. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Quality Foils (India) Ltd interest coverage is 1.34, which is low.

The historical rank and industry rank for Quality Foils (India)'s Interest Coverage or its related term are showing as below:

NSE:QFIL' s Interest Coverage Range Over the Past 10 Years
Min: 1.26   Med: 1.38   Max: 1.65
Current: 1.34


NSE:QFIL's Interest Coverage is ranked worse than
81.36% of 456 companies
in the Steel industry
Industry Median: 4.445 vs NSE:QFIL: 1.34

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


Quality Foils (India)  (NSE:QFIL) 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 .


Quality Foils (India) Interest Coverage Related Terms


Quality Foils (India) Interest Coverage Historical Data

* Premium members only.

The historical data trend for Quality Foils (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.

Quality Foils (India) Interest Coverage Chart

Quality Foils (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 1.65 1.61 1.47 1.29 1.34

Quality Foils (India) Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.43 0.41 2.05 1.55 1.18

NSE:QFIL vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Quality Foils (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.


Quality Foils (India) Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Quality Foils (India)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Quality Foils (India)'s Interest Coverage falls into.


NSE:QFIL
59GF Score
Quality Foils (India) Ltd NSE:QFIL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quality Foils (India) 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.

Quality Foils (India)'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, Quality Foils (India)'s Interest Expense was ₹-43 Mil. Its Operating Income was ₹58 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹232 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*57.579/-42.9
=1.34

Quality Foils (India)'s Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Quality Foils (India)'s Interest Expense was ₹-24 Mil. Its Operating Income was ₹28 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹232 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*28.426/-24.133
=1.18

* 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 1.18 mean?
Quality Foils (India) (NSE:QFIL) has a Interest Coverage of 1.18 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Quality Foils (India) and its competitors. This is 14% below median its historical median of 1.38. Over the past decade, Quality Foils (India)'s Interest Coverage has ranged from 1.26 to 1.65. According to the industry distribution chart, Quality Foils (India) ranks #371 out of 456 companies in the Steel industry, placing it in the top 81.4%.
Is Quality Foils (India)'s Interest Coverage too high?
Quality Foils (India)'s current Interest Coverage of 1.18 is 14% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 1.65. The Steel industry median Interest Coverage is 4.45. Quality Foils (India)'s value of 1.18 is 73.5% below this industry median. Based on the distribution chart, Quality Foils (India) ranks #371 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Quality Foils (India) has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quality Foils (India)'s Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Quality Foils (India) ranks #371 out of 456 companies for Interest Coverage. This places Quality Foils (India) in the lower half of its industry. The industry median Interest Coverage is 4.45. Quality Foils (India)'s value of 1.18 is 73.5% below this benchmark. Historically, Quality Foils (India)'s own Interest Coverage has ranged from 1.26 to 1.65 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 4.45, Quality Foils (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 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. Quality Foils (India)'s current Interest Coverage of 1.18 is 73.5% 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 Quality Foils (India) 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. Quality Foils (India)'s current Interest Coverage is 1.18, which is 14% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Foils (India) stock overvalued right now?
Based on GuruFocus' analysis, Quality Foils (India) (NSE:QFIL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹97.43, compared to a current price of ₹58.00 — trading 40.5% below its estimated fair value. The current Interest Coverage is 1.18, which is 14% below median its 10-year median of 1.38 and 73.5% below the Steel industry median of 4.45. Quality Foils (India)'s overall GF Score™ is 59/100 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 Quality Foils (India) (NSE:QFIL), the current Interest Coverage is 1.18 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 Quality Foils (India) (NSE:QFIL) Overvalued in 2026?

Based on GuruFocus' analysis, Quality Foils (India) stock appears to be undervalued. The current stock price of ₹58.00 is trading 40.5% below its estimated GF Value™ of ₹97.43. GuruFocus considers Quality Foils (India) to be Significantly Undervalued.

Key valuation signals for NSE:QFIL:

  • Interest Coverage: 1.18 (14% below median its 10-year median of 1.38)
  • GF Value™: ₹97.43 vs. price of ₹58.00 (40.5% below fair value)
  • GF Score™: 59/100 with 7 warning signs
  • Industry Position: 73.5% below the Steel median (#371 of 456)

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


Quality Foils (India) Business Description

Address 3, Industrial Development Colony, Hisar, HR, IND, 125005
Quality Foils (India) Ltd is engaged in the manufacturing and exporting of Cold Rolled Stainless Steel Strips/Coils and Stainless Steel Flexible Hoses/pipes. The products of the company are sold both in the domestic as well as international markets.
59GF Score

Get the complete analysis for NSE:QFIL

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

₹58.00
Price
₹97.43
GF Value