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. Sandur Manganese And Iron Ores's
Operating Income
for the
three
months ended in Mar. 2026 was ₹3,328 Mil. Sandur Manganese And Iron Ores's Interest Expense for the
three
months ended in Mar. 2026 was ₹-554 Mil.
Sandur Manganese And Iron Ores's interest coverage for the quarter that ended in Mar. 2026 was 6.01.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Sandur Manganese And Iron Ores's Interest Coverage or its related term are showing as below:
NSE:SANDUMA'
s Interest Coverage Range Over the Past 10 Years
Min: 4.7 Med: 18.43 Max: 34.01
Current: 4.7
NSE:SANDUMA's Interest Coverage is ranked better than 51.54% of 456
companies
in the Steel industry
Industry Median: 4.445
vs NSE:SANDUMA: 4.70
Sandur Manganese And Iron Ores (NSE:SANDUMA) 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 .
Sandur Manganese And Iron Ores Interest Coverage Related Terms
Sandur Manganese And Iron Ores 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.
Sandur Manganese And Iron Ores Interest Coverage Chart
NSE:SANDUMA vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Sandur Manganese And Iron Ores'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.
Sandur Manganese And Iron Ores Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Sandur Manganese And Iron Ores's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Sandur Manganese And Iron Ores's Interest Coverage falls into.
Sandur Manganese And Iron Ores 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.
Sandur Manganese And Iron Ores (NSE:SANDUMA) has a Interest Coverage of 6.01 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sandur Manganese And Iron Ores and its competitors. This is 67% below median its historical median of 18.43. Over the past decade, Sandur Manganese And Iron Ores' Interest Coverage has ranged from 4.70 to 34.01. According to the industry distribution chart, Sandur Manganese And Iron Ores ranks #221 out of 456 companies in the Steel industry, placing it in the top 48.5%.
Is Sandur Manganese And Iron Ores' Interest Coverage too high?
Sandur Manganese And Iron Ores' current Interest Coverage of 6.01 is 67% below median its 10-year median of 18.43. Over the past 10 years, this metric has ranged from a low of 4.70 to a high of 34.01. The Steel industry median Interest Coverage is 4.45. Sandur Manganese And Iron Ores' value of 6.01 is 35.2% above this industry median. Based on the distribution chart, Sandur Manganese And Iron Ores ranks #221 out of 456 companies in the Steel industry, which is above the industry midpoint. Overall, Sandur Manganese And Iron Ores has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sandur Manganese And Iron Ores' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Sandur Manganese And Iron Ores ranks #221 out of 456 companies for Interest Coverage. This puts Sandur Manganese And Iron Ores in the upper half of its industry. The industry median Interest Coverage is 4.45. Sandur Manganese And Iron Ores' value of 6.01 is 35.2% above this benchmark. Historically, Sandur Manganese And Iron Ores' own Interest Coverage has ranged from 4.70 to 34.01 over the past decade. While the company's 10-year median is 18.43 vs. the industry median of 4.45, Sandur Manganese And Iron Ores 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Sandur Manganese And Iron Ores's current Interest Coverage of 6.01 is 35.2% 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 Sandur Manganese And Iron Ores and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sandur Manganese And Iron Ores's current Interest Coverage is 6.01, which is 67% below median its own 10-year median of 18.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sandur Manganese And Iron Ores stock overvalued right now?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores (NSE:SANDUMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹301.77, compared to a current price of ₹209.73 — trading 30.5% below its estimated fair value. The current Interest Coverage is 6.01, which is 67% below median its 10-year median of 18.43 and 35.2% above the Steel industry median of 4.45. Sandur Manganese And Iron Ores' overall GF Score™ is 74/100 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 Sandur Manganese And Iron Ores (NSE:SANDUMA), the current Interest Coverage is 6.01 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 Sandur Manganese And Iron Ores (NSE:SANDUMA) Overvalued in 2026?
Based on GuruFocus' analysis, Sandur Manganese And Iron Ores stock appears to be undervalued.
The current stock price of ₹209.73 is trading 30.5% below its estimated GF Value™ of ₹301.77.
GuruFocus considers Sandur Manganese And Iron Ores to be Significantly Undervalued.
Key valuation signals for NSE:SANDUMA:
Interest Coverage: 6.01 (67% below median its 10-year median of 18.43)
GF Value™: ₹301.77 vs. price of ₹209.73 (30.5% below fair value)
Industry Position: 35.2% above the Steel median (#221 of 456)
No single metric tells the full story. See the NSE:SANDUMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sandur Manganese And Iron Ores Business Description
Sandur Manganese And Iron Ores Ltd is a mining company. It is engaged in the mining of manganese and iron ores in Deogiri village of Sandur taluk, Ballari District, Karnataka. The Company is also engaged in the manufacture of ferroalloys, and coke and energy at Vyasanakere, Hosapete. Its operating segment includes Mining and Ferroalloys, and Coke and Energy. The company generates maximum revenue from the Mining segment. Geographically, it derives all of its revenue from within India.
74GF Score
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