Sanstar (NSE:SANSTAR) Interest Coverage: 48.17 (As of Mar. 2026) — 617% Above Median


NSE:SANSTAR Sanstar Ltd NSE:SANSTAR
39 GF Score
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What is Sanstar Interest Coverage?

Sanstar NSE:SANSTAR -1.88% 39 Interest Coverage is 48.17 as of Mar. 2026, which is 617% above its 10-year median of 6.72. GuruFocus rates NSE:SANSTAR with a GF Score™ of 39/100. The stock has 8 warning signs investors should review. Among 1,234 Chemicals companies, Sanstar ranks better than 63.7% 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. Sanstar's Operating Income for the three months ended in Mar. 2026 was ₹169 Mil. Sanstar's Interest Expense for the three months ended in Mar. 2026 was ₹-4 Mil. Sanstar's interest coverage for the quarter that ended in Mar. 2026 was 48.17. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SANSTAR' s Interest Coverage Range Over the Past 10 Years
Min: 2.39   Med: 6.72   Max: 20.56
Current: 20.56


NSE:SANSTAR's Interest Coverage is ranked better than
63.7% of 1234 companies
in the Chemicals industry
Industry Median: 10.18 vs NSE:SANSTAR: 20.56

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


Sanstar  (NSE:SANSTAR) 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 .


Sanstar Interest Coverage Related Terms


Sanstar Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sanstar'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.

Sanstar Interest Coverage Chart

Sanstar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 3.52 6.98 9.07 6.45 20.46

Sanstar Quarterly Data
Mar21 Mar22 Mar23 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 0.00 0.00 0.00 27.18 48.17

NSE:SANSTAR vs DOW: Interest Coverage Comparison

For the Chemicals subindustry, Sanstar'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.


Sanstar Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sanstar's Interest Coverage distribution charts can be found below:

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


NSE:SANSTAR
39GF Score
Sanstar Ltd NSE:SANSTAR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Sanstar 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.

Sanstar'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, Sanstar's Interest Expense was ₹-14 Mil. Its Operating Income was ₹280 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹100 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*280.3/-13.7
=20.46

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

Here, for the three months ended in Mar. 2026, Sanstar's Interest Expense was ₹-4 Mil. Its Operating Income was ₹169 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹100 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*168.6/-3.5
=48.17

* 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 48.17 mean?
Sanstar (NSE:SANSTAR) has a Interest Coverage of 48.17 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sanstar and its competitors. This is 617% above median its historical median of 6.72. Over the past decade, Sanstar's Interest Coverage has ranged from 2.39 to 20.56. According to the industry distribution chart, Sanstar ranks #448 out of 1234 companies in the Chemicals industry, placing it in the top 36.3%.
Is Sanstar's Interest Coverage too high?
Sanstar's current Interest Coverage of 48.17 is 617% above median its 10-year median of 6.72. Over the past 10 years, this metric has ranged from a low of 2.39 to a high of 20.56. The Chemicals industry median Interest Coverage is 10.18. Sanstar's value of 48.17 is 373.2% above this industry median. Based on the distribution chart, Sanstar ranks #448 out of 1234 companies in the Chemicals industry, which is above the industry midpoint. Overall, Sanstar has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Sanstar's Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Sanstar ranks #448 out of 1234 companies for Interest Coverage. This puts Sanstar in the upper half of its industry. The industry median Interest Coverage is 10.18. Sanstar's value of 48.17 is 373.2% above this benchmark. Historically, Sanstar's own Interest Coverage has ranged from 2.39 to 20.56 over the past decade. While the company's 10-year median is 6.72 vs. the industry median of 10.18, Sanstar 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. Sanstar's current Interest Coverage of 48.17 is 373.2% 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 Sanstar and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sanstar's current Interest Coverage is 48.17, which is 617% above median its own 10-year median of 6.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanstar stock overvalued right now?
Sanstar (NSE:SANSTAR) has a current Interest Coverage of 48.17. The current Interest Coverage is 48.17, which is 617% above median its 10-year median of 6.72 and 373.2% above the Chemicals industry median of 10.18. Sanstar's overall GF Score™ is 39/100 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 Sanstar (NSE:SANSTAR), the current Interest Coverage is 48.17 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.

Sanstar Business Description

Other Exchanges 544217:India
Address Mahalaxmi Char Rasta, Near Parimal Under Bridge, Sanstar House, Opposite Suvidha Shopping Centre, Paldi, Ahmedabad, GJ, IND, 380007
Sanstar Ltd is a manufacturer of plant-based products and ingredient solutions in India for food, animal nutrition, and other industrial applications. Its products include liquid glucose, dried glucose solids, maltodextrin powder, dextrose monohydrate, native maize starches, modified maize starches, and co-products like germs, gluten, fiber, and enriched protein, amongst others. The company operates in one business segment i.e. Corn Wet Milling comprising mainly the manufacture of starches, its derivatives, and by-product. Key revenue is generated from India.
39GF Score

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