Sahaj Solar (NSE:SAHAJSOLAR) Interest Coverage: 5.36 (As of Mar. 2026) — Near Median


NSE:SAHAJSOLAR Sahaj Solar Ltd NSE:SAHAJSOLAR
44 GF Score
Price ₹132.00
! 8 Warning Signs
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What is Sahaj Solar Interest Coverage?

Sahaj Solar NSE:SAHAJSOLAR +0.49% 44 Interest Coverage is 5.36 as of Mar. 2026, which is 6% below its 10-year median of 5.72. GuruFocus rates NSE:SAHAJSOLAR with a GF Score™ of 44/100. The stock has 8 warning signs investors should review. Among 636 Semiconductors companies, Sahaj Solar ranks worse than 78.77% 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. Sahaj Solar's Operating Income for the six months ended in Mar. 2026 was ₹403 Mil. Sahaj Solar's Interest Expense for the six months ended in Mar. 2026 was ₹-75 Mil. Sahaj Solar's interest coverage for the quarter that ended in Mar. 2026 was 5.36. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Sahaj Solar's Interest Coverage or its related term are showing as below:

NSE:SAHAJSOLAR' s Interest Coverage Range Over the Past 10 Years
Min: 2.52   Med: 5.72   Max: 9.91
Current: 4.53


NSE:SAHAJSOLAR's Interest Coverage is ranked worse than
78.77% of 636 companies
in the Semiconductors industry
Industry Median: 20.225 vs NSE:SAHAJSOLAR: 4.53

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


Sahaj Solar  (NSE:SAHAJSOLAR) 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 .


Sahaj Solar Interest Coverage Related Terms


Sahaj Solar Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sahaj Solar'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.

Sahaj Solar Interest Coverage Chart

Sahaj Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 2.78 6.90 9.73 9.91 4.53

Sahaj Solar Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 13.81 3.18 19.76 2.77 5.36

NSE:SAHAJSOLAR vs FSLR, NXT, ENPH: Interest Coverage Comparison

For the Solar subindustry, Sahaj Solar'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.


Sahaj Solar Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sahaj Solar's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sahaj Solar's Interest Coverage falls into.


NSE:SAHAJSOLAR
44GF Score
Sahaj Solar Ltd NSE:SAHAJSOLAR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Sahaj Solar 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.

Sahaj Solar'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, Sahaj Solar's Interest Expense was ₹-111 Mil. Its Operating Income was ₹503 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹459 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*502.705/-111.066
=4.53

Sahaj Solar's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Sahaj Solar's Interest Expense was ₹-75 Mil. Its Operating Income was ₹403 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹459 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*403.322/-75.199
=5.36

* 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 5.36 mean?
Sahaj Solar (NSE:SAHAJSOLAR) has a Interest Coverage of 5.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sahaj Solar and its competitors. This is near median its historical median of 5.72. Over the past decade, Sahaj Solar's Interest Coverage has ranged from 2.52 to 9.91. According to the industry distribution chart, Sahaj Solar ranks #501 out of 636 companies in the Semiconductors industry, placing it in the top 78.8%.
Is Sahaj Solar's Interest Coverage too high?
Sahaj Solar's current Interest Coverage of 5.36 is near median its 10-year median of 5.72. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 9.91. The Semiconductors industry median Interest Coverage is 20.23. Sahaj Solar's value of 5.36 is 73.5% below this industry median. Based on the distribution chart, Sahaj Solar ranks #501 out of 636 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Sahaj Solar has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Sahaj Solar's Interest Coverage compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Sahaj Solar ranks #501 out of 636 companies for Interest Coverage. This places Sahaj Solar in the lower half of its industry. The industry median Interest Coverage is 20.23. Sahaj Solar's value of 5.36 is 73.5% below this benchmark. Historically, Sahaj Solar's own Interest Coverage has ranged from 2.52 to 9.91 over the past decade. While the company's 10-year median is 5.72 vs. the industry median of 20.23, Sahaj Solar 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.23, based on 636 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. Sahaj Solar's current Interest Coverage of 5.36 is 73.5% 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 Sahaj Solar and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahaj Solar's current Interest Coverage is 5.36, which is near median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahaj Solar stock overvalued right now?
Sahaj Solar (NSE:SAHAJSOLAR) has a current Interest Coverage of 5.36. The current Interest Coverage is 5.36, which is near median its 10-year median of 5.72 and 73.5% below the Semiconductors industry median of 20.23. Sahaj Solar's overall GF Score™ is 44/100 with 8 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 Sahaj Solar (NSE:SAHAJSOLAR), the current Interest Coverage is 5.36 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.

Sahaj Solar Business Description

Address Office No. 301, Ashirvad Paras, Opposite Prahladnagar Garden, Satellite, Ahmedabad, GJ, IND, 380051
Sahaj Solar Ltd is a renewable energy solution provider engaged majorly into three businesses being manufacturing of PV modules, providing solar water pumping systems and providing EPC services to PAN India customers. Its product include Solar Panel, Solar Water Pump, Solar Mobile Trolleys, Solar Home Light and etc.
44GF 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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