Refractory ShapesNSE:REFRACTORY -4.38%17 Interest Coverage is 9.60 as of Mar. 2025. GuruFocus rates NSE:REFRACTORY with a GF Score™ of 17/100. Among 307 Building Materials companies, Refractory Shapes ranks better than 61.24% 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. Refractory Shapes's
Operating Income
for the
six
months ended in Mar. 2025 was ₹39.9 Mil. Refractory Shapes's Interest Expense for the
six
months ended in Mar. 2025 was ₹-4.2 Mil.
Refractory Shapes's interest coverage for the quarter that ended in Mar. 2025 was 9.60.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Refractory Shapes's Interest Coverage or its related term are showing as below:
NSE:REFRACTORY's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 6.63 * Ranked among companies with meaningful Interest Coverage only.
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 .
Refractory Shapes Interest Coverage Related Terms
Refractory Shapes Interest Coverage Historical Data
* Premium members only.
The historical data trend for Refractory Shapes'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:REFRACTORY vs CRH, VMC, MLM: Interest Coverage Comparison
For the Building Materials subindustry, Refractory Shapes'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.
Refractory Shapes Interest Coverage vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Refractory Shapes's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Refractory Shapes'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.
Refractory Shapes (NSE:REFRACTORY) has a Interest Coverage of 9.60 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Refractory Shapes and its competitors. According to the industry distribution chart, Refractory Shapes ranks #119 out of 307 companies in the Building Materials industry, placing it in the top 38.8%.
Is Refractory Shapes' Interest Coverage too high?
Refractory Shapes' current Interest Coverage is 9.60. The Building Materials industry median Interest Coverage is 6.63. Refractory Shapes' value of 9.60 is 44.8% above this industry median. Based on the distribution chart, Refractory Shapes ranks #119 out of 307 companies in the Building Materials industry, which is above the industry midpoint. Overall, Refractory Shapes has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Refractory Shapes' Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Refractory Shapes ranks #119 out of 307 companies for Interest Coverage. This puts Refractory Shapes in the upper half of its industry. The industry median Interest Coverage is 6.63. Refractory Shapes' value of 9.60 is 44.8% above this benchmark. 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 307 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. Refractory Shapes's current Interest Coverage of 9.60 is 44.8% 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 Refractory Shapes and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Refractory Shapes's current Interest Coverage is 9.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refractory Shapes stock overvalued right now?
Refractory Shapes (NSE:REFRACTORY) has a current Interest Coverage of 9.60. The current Interest Coverage is 9.60 and 44.8% above the Building Materials industry median of 6.63. Refractory Shapes' overall GF Score™ is 17/100. 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 Refractory Shapes (NSE:REFRACTORY), the current Interest Coverage is 9.60 as of Mar. 2025. 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.
Refractory Shapes Ltd is engaged in the production of special shapes, custom-made refractory shapes, and ceramic balls of low and medium purity with top quality and superior performance. The company manufactures bricks, castables, coating materials, high purity alumina catalyst bed supports, and ceramic balls. It serves industries including steel, refineries, fertilizers, petrochemicals, glass, and cement. The company has an international presence across multiple countries and is known for its quality, skilled workforce, and quality assurance.
17GF Score
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