QMS Medical Allied Services (NSE:QMSMEDI) Interest Coverage: 2.30 (As of Mar. 2026) — 56% Below Median

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NSE:QMSMEDI QMS Medical Allied Services Ltd NSE:QMSMEDI
77 GF Score
Price ₹106.96
GF Value ₹120.61
Valuation Modestly Undervalued
! 7 Warning Signs
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What is QMS Medical Allied Services Interest Coverage?

QMS Medical Allied Services NSE:QMSMEDI -1.11% 77 Interest Coverage is 2.30 as of Mar. 2026, which is 56% below its 10-year median of 5.17. GuruFocus rates NSE:QMSMEDI with a GF Score™ of 77/100 and a GF Value™ of ₹120.61 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 464 Medical Devices & Instruments companies, QMS Medical Allied Services ranks worse than 83.19% 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. QMS Medical Allied Services's Operating Income for the three months ended in Mar. 2026 was ₹46 Mil. QMS Medical Allied Services's Interest Expense for the three months ended in Mar. 2026 was ₹-20 Mil. QMS Medical Allied Services's interest coverage for the quarter that ended in Mar. 2026 was 2.30. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for QMS Medical Allied Services's Interest Coverage or its related term are showing as below:

NSE:QMSMEDI' s Interest Coverage Range Over the Past 10 Years
Min: 3.35   Med: 5.17   Max: 17.35
Current: 3.35


NSE:QMSMEDI's Interest Coverage is ranked worse than
83.19% of 464 companies
in the Medical Devices & Instruments industry
Industry Median: 16.08 vs NSE:QMSMEDI: 3.35

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


QMS Medical Allied Services  (NSE:QMSMEDI) 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 .


QMS Medical Allied Services Interest Coverage Related Terms


QMS Medical Allied Services Interest Coverage Historical Data

* Premium members only.

The historical data trend for QMS Medical Allied Services'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.

QMS Medical Allied Services Interest Coverage Chart

QMS Medical Allied Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 7.29 5.17 4.77 4.66 3.35

QMS Medical Allied Services Quarterly Data
Mar20 Mar21 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 3.56 3.92 4.41 3.27 2.30

NSE:QMSMEDI vs ISRG, BDX, MDLN: Interest Coverage Comparison

For the Medical Instruments & Supplies subindustry, QMS Medical Allied Services'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.


QMS Medical Allied Services Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, QMS Medical Allied Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where QMS Medical Allied Services's Interest Coverage falls into.


NSE:QMSMEDI
77GF Score
QMS Medical Allied Services Ltd NSE:QMSMEDI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

QMS Medical Allied Services 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.

QMS Medical Allied Services'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, QMS Medical Allied Services's Interest Expense was ₹-66 Mil. Its Operating Income was ₹219 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹70 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*219.384/-65.516
=3.35

QMS Medical Allied Services's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, QMS Medical Allied Services's Interest Expense was ₹-20 Mil. Its Operating Income was ₹46 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹70 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*46.475/-20.222
=2.30

* 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 2.30 mean?
QMS Medical Allied Services (NSE:QMSMEDI) has a Interest Coverage of 2.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on QMS Medical Allied Services and its competitors. This is 56% below median its historical median of 5.17. Over the past decade, QMS Medical Allied Services' Interest Coverage has ranged from 3.35 to 17.35. According to the industry distribution chart, QMS Medical Allied Services ranks #386 out of 464 companies in the Medical Devices & Instruments industry, placing it in the top 83.2%.
Is QMS Medical Allied Services' Interest Coverage too high?
QMS Medical Allied Services' current Interest Coverage of 2.30 is 56% below median its 10-year median of 5.17. Over the past 10 years, this metric has ranged from a low of 3.35 to a high of 17.35. The Medical Devices & Instruments industry median Interest Coverage is 16.08. QMS Medical Allied Services' value of 2.30 is 85.7% below this industry median. Based on the distribution chart, QMS Medical Allied Services ranks #386 out of 464 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, QMS Medical Allied Services has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does QMS Medical Allied Services' Interest Coverage compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, QMS Medical Allied Services ranks #386 out of 464 companies for Interest Coverage. This places QMS Medical Allied Services in the lower half of its industry. The industry median Interest Coverage is 16.08. QMS Medical Allied Services' value of 2.30 is 85.7% below this benchmark. Historically, QMS Medical Allied Services' own Interest Coverage has ranged from 3.35 to 17.35 over the past decade. While the company's 10-year median is 5.17 vs. the industry median of 16.08, QMS Medical Allied Services 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 Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 16.08, based on 464 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. QMS Medical Allied Services's current Interest Coverage of 2.30 is 85.7% 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 QMS Medical Allied Services and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 16.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QMS Medical Allied Services's current Interest Coverage is 2.30, which is 56% below median its own 10-year median of 5.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QMS Medical Allied Services stock overvalued right now?
Based on GuruFocus' analysis, QMS Medical Allied Services (NSE:QMSMEDI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹120.61, compared to a current price of ₹106.96 — trading 11.3% below its estimated fair value. The current Interest Coverage is 2.30, which is 56% below median its 10-year median of 5.17 and 85.7% below the Medical Devices & Instruments industry median of 16.08. QMS Medical Allied Services' overall GF Score™ is 77/100 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 QMS Medical Allied Services (NSE:QMSMEDI), the current Interest Coverage is 2.30 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 QMS Medical Allied Services (NSE:QMSMEDI) Overvalued in 2026?

Based on GuruFocus' analysis, QMS Medical Allied Services stock appears to be undervalued. The current stock price of ₹106.96 is trading 11.3% below its estimated GF Value™ of ₹120.61. GuruFocus considers QMS Medical Allied Services to be Modestly Undervalued.

Key valuation signals for NSE:QMSMEDI:

  • Interest Coverage: 2.30 (56% below median its 10-year median of 5.17)
  • GF Value™: ₹120.61 vs. price of ₹106.96 (11.3% below fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 85.7% below the Medical Devices & Instruments median (#386 of 464)

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


QMS Medical Allied Services Business Description

Address Prabhat Colony, Road No. 3, 1A-B/2A-B, Navkala Bharti Building, Plot No. 16, Near Santacruz Bus Depot, Santacruz (East), Mumbai, MH, IND, 400055
QMS Medical Allied Services Ltd is engaged in the marketing and distribution of a wide range of medical products as well as medical education services. The company's products are sold under brand name "QDevices" and also manage the distribution for other brands such as 3M, Heine, Rossmax and others. It offers medical products such as Blood Pressure Monitors, Glucose Monitoring Kits and strips, Dental Products, Personal protection kits eg-PPE kits, Infection prevention, Stethoscope and Oxygen Concentrator.
77GF Score

Get the complete analysis for NSE:QMSMEDI

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

₹106.96
Price
₹120.61
GF Value