RHI Magnesita India (NSE:RHIM) Interest Coverage: 4.63 (As of Mar. 2026) — 80% Below Median


NSE:RHIM RHI Magnesita India Ltd NSE:RHIM
82 GF Score
Price ₹376.20
GF Value ₹611.85
Valuation Significantly Undervalued
! 3 Warning Signs
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What is RHI Magnesita India Interest Coverage?

RHI Magnesita India NSE:RHIM -0.91% 82 Interest Coverage is 4.63 as of Mar. 2026, which is 80% below its 10-year median of 23.69. GuruFocus rates NSE:RHIM with a GF Score™ of 82/100 and a GF Value™ of ₹611.85 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,325 Industrial Products companies, RHI Magnesita India ranks worse than 67.57% 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. RHI Magnesita India's Operating Income for the three months ended in Mar. 2026 was ₹362 Mil. RHI Magnesita India's Interest Expense for the three months ended in Mar. 2026 was ₹-78 Mil. RHI Magnesita India's interest coverage for the quarter that ended in Mar. 2026 was 4.63. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for RHI Magnesita India's Interest Coverage or its related term are showing as below:

NSE:RHIM' s Interest Coverage Range Over the Past 10 Years
Min: 6.24   Med: 23.69   Max: 33290.6
Current: 6.62


NSE:RHIM's Interest Coverage is ranked worse than
67.57% of 2325 companies
in the Industrial Products industry
Industry Median: 14.8 vs NSE:RHIM: 6.62

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


RHI Magnesita India  (NSE:RHIM) 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 .


RHI Magnesita India Interest Coverage Related Terms


RHI Magnesita India Interest Coverage Historical Data

* Premium members only.

The historical data trend for RHI Magnesita 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.

RHI Magnesita India Interest Coverage Chart

RHI Magnesita India Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 114.38 8.16 6.24 6.56 6.62

RHI Magnesita India Quarterly Data
Jun21 Sep21 Dec21 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 Premium Member Only 4.95 6.62 6.36 8.19 4.63

NSE:RHIM vs ATI, CRS, MLI: Interest Coverage Comparison

For the Metal Fabrication subindustry, RHI Magnesita 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.


RHI Magnesita India Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, RHI Magnesita India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where RHI Magnesita India's Interest Coverage falls into.


NSE:RHIM
82GF Score
RHI Magnesita India Ltd NSE:RHIM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RHI Magnesita 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.

RHI Magnesita 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, RHI Magnesita India's Interest Expense was ₹-370 Mil. Its Operating Income was ₹2,449 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,302 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2448.779/-369.981
=6.62

RHI Magnesita India's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, RHI Magnesita India's Interest Expense was ₹-78 Mil. Its Operating Income was ₹362 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,302 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*362.013/-78.188
=4.63

* 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 4.63 mean?
RHI Magnesita India (NSE:RHIM) has a Interest Coverage of 4.63 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on RHI Magnesita India and its competitors. This is 80% below median its historical median of 23.69. Over the past decade, RHI Magnesita India's Interest Coverage has ranged from 6.24 to 33,290.60. According to the industry distribution chart, RHI Magnesita India ranks #1571 out of 2325 companies in the Industrial Products industry, placing it in the top 67.6%.
Is RHI Magnesita India's Interest Coverage too high?
RHI Magnesita India's current Interest Coverage of 4.63 is 80% below median its 10-year median of 23.69. Over the past 10 years, this metric has ranged from a low of 6.24 to a high of 33,290.60. The Industrial Products industry median Interest Coverage is 14.80. RHI Magnesita India's value of 4.63 is 68.7% below this industry median. Based on the distribution chart, RHI Magnesita India ranks #1571 out of 2325 companies in the Industrial Products industry, which is below the industry midpoint. Overall, RHI Magnesita India has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RHI Magnesita India's Interest Coverage compare to ATI and CRS?
According to the Industrial Products industry distribution chart, RHI Magnesita India ranks #1571 out of 2325 companies for Interest Coverage. This places RHI Magnesita India in the lower half of its industry. The industry median Interest Coverage is 14.80. RHI Magnesita India's value of 4.63 is 68.7% below this benchmark. Historically, RHI Magnesita India's own Interest Coverage has ranged from 6.24 to 33,290.60 over the past decade. While the company's 10-year median is 23.69 vs. the industry median of 14.80, RHI Magnesita 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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. RHI Magnesita India's current Interest Coverage of 4.63 is 68.7% 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 RHI Magnesita India and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RHI Magnesita India's current Interest Coverage is 4.63, which is 80% below median its own 10-year median of 23.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RHI Magnesita India stock overvalued right now?
Based on GuruFocus' analysis, RHI Magnesita India (NSE:RHIM) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹611.85, compared to a current price of ₹376.20 — trading 38.5% below its estimated fair value. The current Interest Coverage is 4.63, which is 80% below median its 10-year median of 23.69 and 68.7% below the Industrial Products industry median of 14.80. RHI Magnesita India's overall GF Score™ is 82/100 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 RHI Magnesita India (NSE:RHIM), the current Interest Coverage is 4.63 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 RHI Magnesita India (NSE:RHIM) Overvalued in 2026?

Based on GuruFocus' analysis, RHI Magnesita India stock appears to be undervalued. The current stock price of ₹376.20 is trading 38.5% below its estimated GF Value™ of ₹611.85. GuruFocus considers RHI Magnesita India to be Significantly Undervalued.

Key valuation signals for NSE:RHIM:

  • Interest Coverage: 4.63 (80% below median its 10-year median of 23.69)
  • GF Value™: ₹611.85 vs. price of ₹376.20 (38.5% below fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 68.7% below the Industrial Products median (#1571 of 2325)

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


RHI Magnesita India Business Description

Other Exchanges 534076:India
Address Jacaranda Marg, 19th & 20th Floor, DLF Square, M-Block. Phase II, DLF City, Gurugram, HR, IND, 122002
RHI Magnesita India Ltd is engaged in the business of manufacturing and trading refractories, monolithics, bricks, and ceramic paper, and rendering management services. Its product offerings include isostatically pressed continuous casting refractories, slide gate plates, nozzles and well blocks, tundish nozzles, bottom purging refractories and top purging lances, slag arresting darts, basic spray mass for tundish working lining, and castables. The company's products are used in steel, cement and lime, non-ferrous metals, glass, and other industries. It operates in the Indian and international markets, of which a majority of its revenue is generated within India.
82GF Score

Get the complete analysis for NSE:RHIM

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

₹376.20
Price
₹611.85
GF Value