Samay Project Services (NSE:SAMAY) Interest Coverage: 17.47 (As of Mar. 2026) — Near Median


NSE:SAMAY Samay Project Services Ltd NSE:SAMAY
21 GF Score
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What is Samay Project Services Interest Coverage?

Samay Project Services NSE:SAMAY +5.00% 21 Interest Coverage is 17.47 as of Mar. 2026, which is 9% below its 10-year median of 19.29. GuruFocus rates NSE:SAMAY with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 1,349 Construction companies, Samay Project Services ranks better than 65.83% 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. Samay Project Services's Operating Income for the six months ended in Mar. 2026 was ₹42.9 Mil. Samay Project Services's Interest Expense for the six months ended in Mar. 2026 was ₹-2.5 Mil. Samay Project Services's interest coverage for the quarter that ended in Mar. 2026 was 17.47. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Samay Project Services's Interest Coverage or its related term are showing as below:

NSE:SAMAY' s Interest Coverage Range Over the Past 10 Years
Min: 13.66   Med: 19.29   Max: 49.52
Current: 17.47


NSE:SAMAY's Interest Coverage is ranked better than
65.83% of 1349 companies
in the Construction industry
Industry Median: 7.94 vs NSE:SAMAY: 17.47

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


Samay Project Services  (NSE:SAMAY) 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 .


Samay Project Services Interest Coverage Related Terms


Samay Project Services Interest Coverage Historical Data

* Premium members only.

The historical data trend for Samay Project Services'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.

Samay Project Services Interest Coverage Chart

Samay Project Services Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
19.29 22.40 49.52 13.66 16.37

Samay Project Services Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Mar26
Interest Coverage Get a 7-Day Free Trial N/A No Debt 73.72 11.11 17.47

NSE:SAMAY vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, Samay Project Services'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.


Samay Project Services Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Samay Project Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Samay Project Services's Interest Coverage falls into.


NSE:SAMAY
21GF Score
Samay Project Services Ltd NSE:SAMAY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Samay Project Services 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.

Samay Project Services'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, Samay Project Services's Interest Expense was ₹-4.4 Mil. Its Operating Income was ₹72.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.1 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*72.795/-4.448
=16.37

Samay Project Services's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Samay Project Services's Interest Expense was ₹-2.5 Mil. Its Operating Income was ₹42.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*42.898/-2.456
=17.47

* 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 17.47 mean?
Samay Project Services (NSE:SAMAY) has a Interest Coverage of 17.47 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Samay Project Services and its competitors. This is near median its historical median of 19.29. Over the past decade, Samay Project Services' Interest Coverage has ranged from 13.66 to 49.52. According to the industry distribution chart, Samay Project Services ranks #461 out of 1349 companies in the Construction industry, placing it in the top 34.2%.
Is Samay Project Services' Interest Coverage too high?
Samay Project Services' current Interest Coverage of 17.47 is near median its 10-year median of 19.29. Over the past 10 years, this metric has ranged from a low of 13.66 to a high of 49.52. The Construction industry median Interest Coverage is 7.94. Samay Project Services' value of 17.47 is 120% above this industry median. Based on the distribution chart, Samay Project Services ranks #461 out of 1349 companies in the Construction industry, which is above the industry midpoint. Overall, Samay Project Services has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Samay Project Services' Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, Samay Project Services ranks #461 out of 1349 companies for Interest Coverage. This puts Samay Project Services in the upper half of its industry. The industry median Interest Coverage is 7.94. Samay Project Services' value of 17.47 is 120% above this benchmark. Historically, Samay Project Services' own Interest Coverage has ranged from 13.66 to 49.52 over the past decade. While the company's 10-year median is 19.29 vs. the industry median of 7.94, Samay Project Services 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 Construction company?
The median Interest Coverage among Construction companies is 7.94, based on 1,349 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. Samay Project Services's current Interest Coverage of 17.47 is 120% 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 Samay Project Services and its competitors. For the Construction industry, the median Interest Coverage is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Samay Project Services's current Interest Coverage is 17.47, which is near median its own 10-year median of 19.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Samay Project Services stock overvalued right now?
Samay Project Services (NSE:SAMAY) has a current Interest Coverage of 17.47. The current Interest Coverage is 17.47, which is near median its 10-year median of 19.29 and 120% above the Construction industry median of 7.94. Samay Project Services' overall GF Score™ is 21/100 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 Samay Project Services (NSE:SAMAY), the current Interest Coverage is 17.47 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.

Samay Project Services Business Description

Address Plot No.1218, 17th Street, West End Colony, Mogappair, Thiruvallur, Chennai, TN, IND, 600050
Samay Project Services Ltd is engaged in Engineering, Procurement and Construction (EPC) Services providing specialized services in design, engineering, supply, fabrication, erection and commissioning of balance of plant (BOP) systems in various industries. Company is involved in EPC projects which consists of (i) Piping System, (ii) Tanks and vessels and fabricated structures; and (iii) fire protection and detection systems / firefighting systems (FFS). The various systems engineered, procured and constructed by the Company finds its application in a diverse range of Industries, including Power, Sugar and Distilleries, Iron and Steel, Infrastructure, etc.
21GF Score

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