Saurashtra Cement (NSE:SAURASHCEM) Interest Coverage: 6.63 (As of Mar. 2026) — 16% Below Median


NSE:SAURASHCEM Saurashtra Cement Ltd NSE:SAURASHCEM
57 GF Score
Price ₹55.93
GF Value ₹89.68
Valuation Possible Value Trap
! 5 Warning Signs
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What is Saurashtra Cement Interest Coverage?

Saurashtra Cement NSE:SAURASHCEM -0.83% 57 Interest Coverage is 6.63 as of Mar. 2026, which is 16% below its 10-year median of 7.90. GuruFocus rates NSE:SAURASHCEM with a GF Score™ of 57/100 and a GF Value™ of ₹89.68 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 307 Building Materials companies, Saurashtra Cement ranks worse than 92.18% 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. Saurashtra Cement's Operating Income for the three months ended in Mar. 2026 was ₹143 Mil. Saurashtra Cement's Interest Expense for the three months ended in Mar. 2026 was ₹-22 Mil. Saurashtra Cement's interest coverage for the quarter that ended in Mar. 2026 was 6.63. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SAURASHCEM' s Interest Coverage Range Over the Past 10 Years
Min: 0.11   Med: 7.9   Max: 24.4
Current: 0.81


NSE:SAURASHCEM's Interest Coverage is ranked worse than
92.18% of 307 companies
in the Building Materials industry
Industry Median: 6.63 vs NSE:SAURASHCEM: 0.81

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


Saurashtra Cement  (NSE:SAURASHCEM) 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 .


Saurashtra Cement Interest Coverage Related Terms


Saurashtra Cement Interest Coverage Historical Data

* Premium members only.

The historical data trend for Saurashtra Cement'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.

Saurashtra Cement Interest Coverage Chart

Saurashtra Cement Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.37 0.00 11.26 0.11 0.81

Saurashtra Cement Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.49 9.21 0.00 0.00 6.63

NSE:SAURASHCEM vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Saurashtra Cement'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.


Saurashtra Cement Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Saurashtra Cement's Interest Coverage distribution charts can be found below:

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


NSE:SAURASHCEM
57GF Score
Saurashtra Cement Ltd NSE:SAURASHCEM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Saurashtra Cement 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.

Saurashtra Cement'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, Saurashtra Cement's Interest Expense was ₹-102 Mil. Its Operating Income was ₹83 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹309 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*82.573/-101.681
=0.81

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

Here, for the three months ended in Mar. 2026, Saurashtra Cement's Interest Expense was ₹-22 Mil. Its Operating Income was ₹143 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹309 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*143.479/-21.651
=6.63

* 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 6.63 mean?
Saurashtra Cement (NSE:SAURASHCEM) has a Interest Coverage of 6.63 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Saurashtra Cement and its competitors. This is 16% below median its historical median of 7.90. Over the past decade, Saurashtra Cement's Interest Coverage has ranged from 0.11 to 24.40. According to the industry distribution chart, Saurashtra Cement ranks #283 out of 307 companies in the Building Materials industry, placing it in the top 92.2%.
Is Saurashtra Cement's Interest Coverage too high?
Saurashtra Cement's current Interest Coverage of 6.63 is 16% below median its 10-year median of 7.90. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 24.40. The Building Materials industry median Interest Coverage is 6.63. Saurashtra Cement's value of 6.63 is 0% at this industry median. Based on the distribution chart, Saurashtra Cement ranks #283 out of 307 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Saurashtra Cement has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Saurashtra Cement's Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Saurashtra Cement ranks #283 out of 307 companies for Interest Coverage. This places Saurashtra Cement in the lower half of its industry. The industry median Interest Coverage is 6.63. Saurashtra Cement's value of 6.63 is 0% at this benchmark. Historically, Saurashtra Cement's own Interest Coverage has ranged from 0.11 to 24.40 over the past decade. While the company's 10-year median is 7.90 vs. the industry median of 6.63, Saurashtra Cement has consistently been at 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.63, based on 307 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. Saurashtra Cement's current Interest Coverage of 6.63 is 0% at 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 Saurashtra Cement and its competitors. For the Building Materials industry, the median Interest Coverage is 6.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saurashtra Cement's current Interest Coverage is 6.63, which is 16% below median its own 10-year median of 7.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saurashtra Cement stock overvalued right now?
Based on GuruFocus' analysis, Saurashtra Cement (NSE:SAURASHCEM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹89.68, compared to a current price of ₹55.93 — trading 37.6% below its estimated fair value. The current Interest Coverage is 6.63, which is 16% below median its 10-year median of 7.90 and 0% at the Building Materials industry median of 6.63. Saurashtra Cement's overall GF Score™ is 57/100 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 Saurashtra Cement (NSE:SAURASHCEM), the current Interest Coverage is 6.63 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 Saurashtra Cement (NSE:SAURASHCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Saurashtra Cement stock appears to be undervalued. The current stock price of ₹55.93 is trading 37.6% below its estimated GF Value™ of ₹89.68. GuruFocus considers Saurashtra Cement to be Possible Value Trap.

Key valuation signals for NSE:SAURASHCEM:

  • Interest Coverage: 6.63 (16% below median its 10-year median of 7.90)
  • GF Value™: ₹89.68 vs. price of ₹55.93 (37.6% below fair value)
  • GF Score™: 57/100 with 5 warning signs
  • Industry Position: 0% at the Building Materials median (#283 of 307)

No single metric tells the full story. See the NSE:SAURASHCEM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Saurashtra Cement Business Description

Other Exchanges 502175:India
Address Babubhai Chinai Marg, N. K. Mehta International House, Agrima Business Centre, 2nd Floor, 178, Backbay Reclamation, Mumbai, MH, IND, 400 020
Saurashtra Cement Ltd is a cement and clinker manufacturing company based in India. The company manufactures cement under the brand name HATHI. The firm generates maximum revenue from India. Majority of its revenue comes from the sales of the cement product. The Company operates in two reportable segment i.e. manufacture of Cement and Clinker and Paints. The company makes majority of its revenue from Cement and Clinker segment.
57GF Score

Get the complete analysis for NSE:SAURASHCEM

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

₹55.93
Price
₹89.68
GF Value