Safe Enterprises Retail Fixtures (NSE:SAFEENTP) Interest Coverage: 220.88 (As of Mar. 2026) — 34% Below Median

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NSE:SAFEENTP Safe Enterprises Retail Fixtures Ltd NSE:SAFEENTP
21 GF Score
Price ₹257.45
! 3 Warning Signs
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What is Safe Enterprises Retail Fixtures Interest Coverage?

Safe Enterprises Retail Fixtures NSE:SAFEENTP -2.09% 21 Interest Coverage is 220.88 as of Mar. 2026, which is 34% below its 10-year median of 332.47. GuruFocus rates NSE:SAFEENTP with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 294 Furnishings, Fixtures & Appliances companies, Safe Enterprises Retail Fixtures ranks better than 93.88% 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. Safe Enterprises Retail Fixtures's Operating Income for the six months ended in Mar. 2026 was ₹359 Mil. Safe Enterprises Retail Fixtures's Interest Expense for the six months ended in Mar. 2026 was ₹-2 Mil. Safe Enterprises Retail Fixtures's interest coverage for the quarter that ended in Mar. 2026 was 220.88. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Safe Enterprises Retail Fixtures Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Safe Enterprises Retail Fixtures's Interest Coverage or its related term are showing as below:

NSE:SAFEENTP' s Interest Coverage Range Over the Past 10 Years
Min: 74.52   Med: 332.47   Max: 806.61
Current: 452.82


NSE:SAFEENTP's Interest Coverage is ranked better than
93.88% of 294 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 10.955 vs NSE:SAFEENTP: 452.82

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


Safe Enterprises Retail Fixtures  (NSE:SAFEENTP) 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 .


Safe Enterprises Retail Fixtures Interest Coverage Related Terms


Safe Enterprises Retail Fixtures Interest Coverage Historical Data

* Premium members only.

The historical data trend for Safe Enterprises Retail Fixtures'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.

Safe Enterprises Retail Fixtures Interest Coverage Chart

Safe Enterprises Retail Fixtures Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
74.52 208.59 806.61 456.34

Safe Enterprises Retail Fixtures Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial N/A 617.68 1,068.65 5,687.69 220.88

NSE:SAFEENTP vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Safe Enterprises Retail Fixtures'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.


Safe Enterprises Retail Fixtures Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Safe Enterprises Retail Fixtures's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Safe Enterprises Retail Fixtures's Interest Coverage falls into.


NSE:SAFEENTP
21GF Score
Safe Enterprises Retail Fixtures Ltd NSE:SAFEENTP
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Safe Enterprises Retail Fixtures 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.

Safe Enterprises Retail Fixtures'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, Safe Enterprises Retail Fixtures's Interest Expense was ₹-2 Mil. Its Operating Income was ₹774 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*774.402/-1.697
=456.34

Safe Enterprises Retail Fixtures's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Safe Enterprises Retail Fixtures's Interest Expense was ₹-2 Mil. Its Operating Income was ₹359 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*358.929/-1.625
=220.88

* 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 220.88 mean?
Safe Enterprises Retail Fixtures (NSE:SAFEENTP) has a Interest Coverage of 220.88 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Safe Enterprises Retail Fixtures and its competitors. This is 34% below median its historical median of 332.47. Over the past decade, Safe Enterprises Retail Fixtures' Interest Coverage has ranged from 74.52 to 806.61. According to the industry distribution chart, Safe Enterprises Retail Fixtures ranks #18 out of 294 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 6.1%.
Is Safe Enterprises Retail Fixtures' Interest Coverage too high?
Safe Enterprises Retail Fixtures' current Interest Coverage of 220.88 is 34% below median its 10-year median of 332.47. Over the past 10 years, this metric has ranged from a low of 74.52 to a high of 806.61. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 10.96. Safe Enterprises Retail Fixtures' value of 220.88 is 1916.2% above this industry median. Based on the distribution chart, Safe Enterprises Retail Fixtures ranks #18 out of 294 companies in the Furnishings, Fixtures & Appliances industry, which is in the top quartile — a strong position relative to peers. Overall, Safe Enterprises Retail Fixtures has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Safe Enterprises Retail Fixtures' Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Safe Enterprises Retail Fixtures ranks #18 out of 294 companies for Interest Coverage. This places Safe Enterprises Retail Fixtures in the top 6% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 10.96. Safe Enterprises Retail Fixtures' value of 220.88 is 1916.2% above this benchmark. Historically, Safe Enterprises Retail Fixtures' own Interest Coverage has ranged from 74.52 to 806.61 over the past decade. While the company's 10-year median is 332.47 vs. the industry median of 10.96, Safe Enterprises Retail Fixtures has consistently been above 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 Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 10.96, based on 294 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. Safe Enterprises Retail Fixtures's current Interest Coverage of 220.88 is 1916.2% 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 Safe Enterprises Retail Fixtures and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Enterprises Retail Fixtures's current Interest Coverage is 220.88, which is 34% below median its own 10-year median of 332.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Enterprises Retail Fixtures stock overvalued right now?
Safe Enterprises Retail Fixtures (NSE:SAFEENTP) has a current Interest Coverage of 220.88. The current Interest Coverage is 220.88, which is 34% below median its 10-year median of 332.47 and 1916.2% above the Furnishings, Fixtures & Appliances industry median of 10.96. Safe Enterprises Retail Fixtures' overall GF Score™ is 21/100 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 Safe Enterprises Retail Fixtures (NSE:SAFEENTP), the current Interest Coverage is 220.88 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.

Safe Enterprises Retail Fixtures Business Description

Address Plot No. D-372, TTC MIDC Industrial Area, MIDC Kukshet Village, Sanpada, Thane, MH, IND, 400703
Safe Enterprises Retail Fixtures Ltd is engaged in designing, manufacturing, supplying, and installing shop fittings and retail fixtures, offering a wide range of customized in-store solutions across retail segments such as fashion & apparels, electronics, and departmental stores. The company provides merchandising solutions addressing challenges retailers and brand marketers face in display, placement, storage, and safety of products, providing shop fitting solutions from conceptual design and prototyping to manufacturing and installation, tailored to meet customer needs. It also offers shop fittings, including modular, electrified fittings that integrate with digital technologies such as LED lighting, digital screens, and display stands.
21GF Score

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

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