Sharp Chucks and Machines (NSE:SCML) Interest Coverage: 2.03 (As of Mar. 2025) — Near Median


NSE:SCML Sharp Chucks and Machines Ltd NSE:SCML
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What is Sharp Chucks and Machines Interest Coverage?

Sharp Chucks and Machines NSE:SCML -1.11% 12 Interest Coverage is 2.03 as of Mar. 2025, which is at its 10-year median of 2.03. GuruFocus rates NSE:SCML with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 2,329 Industrial Products companies, Sharp Chucks and Machines ranks worse than 89.61% 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. Sharp Chucks and Machines's Operating Income for the six months ended in Mar. 2025 was ₹221 Mil. Sharp Chucks and Machines's Interest Expense for the six months ended in Mar. 2025 was ₹-109 Mil. Sharp Chucks and Machines's interest coverage for the quarter that ended in Mar. 2025 was 2.03. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SCML' s Interest Coverage Range Over the Past 10 Years
Min: 2.01   Med: 2.03   Max: 2.44
Current: 2.03


NSE:SCML's Interest Coverage is ranked worse than
89.61% of 2329 companies
in the Industrial Products industry
Industry Median: 14.79 vs NSE:SCML: 2.03

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


Sharp Chucks and Machines  (NSE:SCML) 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 .


Sharp Chucks and Machines Interest Coverage Related Terms


Sharp Chucks and Machines Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sharp Chucks and Machines'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.

Sharp Chucks and Machines Interest Coverage Chart

Sharp Chucks and Machines Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
2.03 2.44 2.09 2.01 2.03

Sharp Chucks and Machines Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage 2.03 2.44 2.09 2.01 2.03

NSE:SCML vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Sharp Chucks and Machines'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.


Sharp Chucks and Machines Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sharp Chucks and Machines's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sharp Chucks and Machines's Interest Coverage falls into.


NSE:SCML
12GF Score
Sharp Chucks and Machines Ltd NSE:SCML
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Sharp Chucks and Machines 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.

Sharp Chucks and Machines's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Sharp Chucks and Machines's Interest Expense was ₹-109 Mil. Its Operating Income was ₹221 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹193 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*221.068/-108.989
=2.03

Sharp Chucks and Machines's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Sharp Chucks and Machines's Interest Expense was ₹-109 Mil. Its Operating Income was ₹221 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹193 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*221.068/-108.989
=2.03

* 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 2.03 mean?
Sharp Chucks and Machines (NSE:SCML) has a Interest Coverage of 2.03 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sharp Chucks and Machines and its competitors. This is near median its historical median of 2.03. Over the past decade, Sharp Chucks and Machines' Interest Coverage has ranged from 2.01 to 2.44. According to the industry distribution chart, Sharp Chucks and Machines ranks #2087 out of 2329 companies in the Industrial Products industry, placing it in the top 89.6%.
Is Sharp Chucks and Machines' Interest Coverage too high?
Sharp Chucks and Machines' current Interest Coverage of 2.03 is near median its 10-year median of 2.03. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 2.44. The Industrial Products industry median Interest Coverage is 14.79. Sharp Chucks and Machines' value of 2.03 is 86.3% below this industry median. Based on the distribution chart, Sharp Chucks and Machines ranks #2087 out of 2329 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Sharp Chucks and Machines has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Sharp Chucks and Machines' Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Sharp Chucks and Machines ranks #2087 out of 2329 companies for Interest Coverage. This places Sharp Chucks and Machines in the lower half of its industry. The industry median Interest Coverage is 14.79. Sharp Chucks and Machines' value of 2.03 is 86.3% below this benchmark. Historically, Sharp Chucks and Machines' own Interest Coverage has ranged from 2.01 to 2.44 over the past decade. While the company's 10-year median is 2.03 vs. the industry median of 14.79, Sharp Chucks and Machines 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.79, based on 2,329 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. Sharp Chucks and Machines's current Interest Coverage of 2.03 is 86.3% 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 Sharp Chucks and Machines and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sharp Chucks and Machines's current Interest Coverage is 2.03, which is near median its own 10-year median of 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sharp Chucks and Machines stock overvalued right now?
Sharp Chucks and Machines (NSE:SCML) has a current Interest Coverage of 2.03. The current Interest Coverage is 2.03, which is near median its 10-year median of 2.03 and 86.3% below the Industrial Products industry median of 14.79. Sharp Chucks and Machines' overall GF Score™ is 12/100 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 Sharp Chucks and Machines (NSE:SCML), the current Interest Coverage is 2.03 as of Mar. 2025. 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.

Sharp Chucks and Machines Business Description

Address Industrial Development Colony, A-12, Jalandhar, PB, IND, 144012
Sharp Chucks and Machines Ltd is engaged in manufacturing forging products, casting products, and machined components, which have applications in tractors, automobiles, material handling and earth-moving equipment, railways, defense, machine tools, DIY industry, etc. Its product portfolio comprises back plates, spare studs, drill chucks, spare cam locks, lathe chucks, and power chucks, among others. The company also manufactures customized components as per customer-specific requirements and uses. Geographically, the company derives the majority of its revenue from its business in India, and also has some exposure to markets outside India.
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