Rex Pipes and Cables IndustriesNSE:REXPIPES 61 Interest Coverage is 2.48 as of Mar. 2026, which is 5% below its 10-year median of 2.61. GuruFocus rates NSE:REXPIPES with a GF Score™ of 61/100 and a GF Value™ of ₹76.29 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,234 Chemicals companies, Rex Pipes and Cables Industries ranks worse than 80.39% 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. Rex Pipes and Cables Industries's
Operating Income
for the
six
months ended in Mar. 2026 was ₹34 Mil. Rex Pipes and Cables Industries's Interest Expense for the
six
months ended in Mar. 2026 was ₹-14 Mil.
Rex Pipes and Cables Industries's interest coverage for the quarter that ended in Mar. 2026 was 2.48.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Rex Pipes and Cables Industries's Interest Coverage or its related term are showing as below:
NSE:REXPIPES'
s Interest Coverage Range Over the Past 10 Years
Min: 1.63 Med: 2.61 Max: 3.41
Current: 2.61
NSE:REXPIPES's Interest Coverage is ranked worse than 80.39% of 1234
companies
in the Chemicals industry
Industry Median: 10.18
vs NSE:REXPIPES: 2.61
Rex Pipes and Cables Industries (NSE:REXPIPES) 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 .
Rex Pipes and Cables Industries Interest Coverage Related Terms
Rex Pipes and Cables Industries Interest Coverage Historical Data
* 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.
Rex Pipes and Cables Industries Interest Coverage Chart
NSE:REXPIPES vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Rex Pipes and Cables Industries'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.
Rex Pipes and Cables Industries Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Rex Pipes and Cables Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Rex Pipes and Cables Industries's Interest Coverage falls into.
Rex Pipes and Cables Industries 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:
* 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.
Rex Pipes and Cables Industries (NSE:REXPIPES) has a Interest Coverage of 2.48 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Rex Pipes and Cables Industries and its competitors. This is near median its historical median of 2.61. Over the past decade, Rex Pipes and Cables Industries' Interest Coverage has ranged from 1.63 to 3.41. According to the industry distribution chart, Rex Pipes and Cables Industries ranks #992 out of 1234 companies in the Chemicals industry, placing it in the top 80.4%.
Is Rex Pipes and Cables Industries' Interest Coverage too high?
Rex Pipes and Cables Industries' current Interest Coverage of 2.48 is near median its 10-year median of 2.61. Over the past 10 years, this metric has ranged from a low of 1.63 to a high of 3.41. The Chemicals industry median Interest Coverage is 10.18. Rex Pipes and Cables Industries' value of 2.48 is 75.6% below this industry median. Based on the distribution chart, Rex Pipes and Cables Industries ranks #992 out of 1234 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Rex Pipes and Cables Industries has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rex Pipes and Cables Industries' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rex Pipes and Cables Industries ranks #992 out of 1234 companies for Interest Coverage. This places Rex Pipes and Cables Industries in the lower half of its industry. The industry median Interest Coverage is 10.18. Rex Pipes and Cables Industries' value of 2.48 is 75.6% below this benchmark. Historically, Rex Pipes and Cables Industries' own Interest Coverage has ranged from 1.63 to 3.41 over the past decade. While the company's 10-year median is 2.61 vs. the industry median of 10.18, Rex Pipes and Cables Industries 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. Rex Pipes and Cables Industries's current Interest Coverage of 2.48 is 75.6% 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 Rex Pipes and Cables Industries and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rex Pipes and Cables Industries's current Interest Coverage is 2.48, which is near median its own 10-year median of 2.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rex Pipes and Cables Industries stock overvalued right now?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries (NSE:REXPIPES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹76.29, compared to a current price of ₹174.25 — trading 128.4% above its estimated fair value. The current Interest Coverage is 2.48, which is near median its 10-year median of 2.61 and 75.6% below the Chemicals industry median of 10.18. Rex Pipes and Cables Industries' overall GF Score™ is 61/100 with 5 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 Rex Pipes and Cables Industries (NSE:REXPIPES), the current Interest Coverage is 2.48 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 Rex Pipes and Cables Industries (NSE:REXPIPES) Overvalued in 2026?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries stock appears to be overvalued.
The current stock price of ₹174.25 is trading 128.4% above its estimated GF Value™ of ₹76.29.
GuruFocus considers Rex Pipes and Cables Industries to be Significantly Overvalued.
Key valuation signals for NSE:REXPIPES:
Interest Coverage: 2.48 (near median its 10-year median of 2.61)
GF Value™: ₹76.29 vs. price of ₹174.25 (128.4% above fair value)
Industry Position: 75.6% below the Chemicals median (#992 of 1234)
No single metric tells the full story. See the NSE:REXPIPES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rex Pipes and Cables Industries Business Description
Rex Pipes and Cables Industries Ltd operates in the PVC products market, manufacturing environment-friendly PVC pipes and allied products designed for irrigation, plumbing, industrial, domestic and technical applications. The Company serves agriculture, power, construction and engineering sectors, producing insulated winding wires, PVC and HDPE pipes, low-voltage PVC cables up to 1.1 KV, flexible house wires and screened cables supplied through dealer and distributor networks. Its product portfolio includes PVC electrical conduit pipes, three-core flat cables, single-core flexible house wires, sprinkler systems, HDPE coils and pipes, as well as automobile-related products such as shipping containers, commercial container trucks, vanity vans, motorhomes, camper cars, RVs and school buses.
61GF Score
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