Shalby (NSE:SHALBY) Interest Coverage: 1.16 (As of Mar. 2026) — 86% Below Median


NSE:SHALBY Shalby Ltd NSE:SHALBY
92 GF Score
Price ₹175.72
GF Value ₹249.55
Valuation Possible Value Trap
! 5 Warning Signs
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What is Shalby Interest Coverage?

Shalby NSE:SHALBY +2.41% 92 Interest Coverage is 1.16 as of Mar. 2026, which is 86% below its 10-year median of 8.16. GuruFocus rates NSE:SHALBY with a GF Score™ of 92/100 and a GF Value™ of ₹249.55 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 453 Healthcare Providers & Services companies, Shalby ranks worse than 84.99% 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. Shalby's Operating Income for the three months ended in Mar. 2026 was ₹109 Mil. Shalby's Interest Expense for the three months ended in Mar. 2026 was ₹-93 Mil. Shalby's interest coverage for the quarter that ended in Mar. 2026 was 1.16. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SHALBY' s Interest Coverage Range Over the Past 10 Years
Min: 1.73   Med: 8.16   Max: 19.14
Current: 1.87


NSE:SHALBY's Interest Coverage is ranked worse than
84.99% of 453 companies
in the Healthcare Providers & Services industry
Industry Median: 8 vs NSE:SHALBY: 1.87

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


Shalby  (NSE:SHALBY) 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 .


Shalby Interest Coverage Related Terms


Shalby Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shalby'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.

Shalby Interest Coverage Chart

Shalby 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 14.04 11.76 8.91 1.73 1.87

Shalby 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 0.43 2.67 2.51 1.19 1.16

NSE:SHALBY vs HCA, THC, DVA: Interest Coverage Comparison

For the Medical Care Facilities subindustry, Shalby'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.


Shalby Interest Coverage vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Shalby's Interest Coverage distribution charts can be found below:

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


NSE:SHALBY
92GF Score
Shalby Ltd NSE:SHALBY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shalby 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.

Shalby'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, Shalby's Interest Expense was ₹-390 Mil. Its Operating Income was ₹728 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,943 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*727.65/-389.95
=1.87

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

Here, for the three months ended in Mar. 2026, Shalby's Interest Expense was ₹-93 Mil. Its Operating Income was ₹109 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,943 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*108.63/-93.38
=1.16

* 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 1.16 mean?
Shalby (NSE:SHALBY) has a Interest Coverage of 1.16 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shalby and its competitors. This is 86% below median its historical median of 8.16. Over the past decade, Shalby's Interest Coverage has ranged from 1.73 to 19.14. According to the industry distribution chart, Shalby ranks #385 out of 453 companies in the Healthcare Providers & Services industry, placing it in the top 85%.
Is Shalby's Interest Coverage too high?
Shalby's current Interest Coverage of 1.16 is 86% below median its 10-year median of 8.16. Over the past 10 years, this metric has ranged from a low of 1.73 to a high of 19.14. The Healthcare Providers & Services industry median Interest Coverage is 8.00. Shalby's value of 1.16 is 85.5% below this industry median. Based on the distribution chart, Shalby ranks #385 out of 453 companies in the Healthcare Providers & Services industry, which is in the bottom quartile relative to peers. Overall, Shalby has a GF Score™ of 92/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shalby's Interest Coverage compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Shalby ranks #385 out of 453 companies for Interest Coverage. This places Shalby in the lower half of its industry. The industry median Interest Coverage is 8.00. Shalby's value of 1.16 is 85.5% below this benchmark. Historically, Shalby's own Interest Coverage has ranged from 1.73 to 19.14 over the past decade. While the company's 10-year median is 8.16 vs. the industry median of 8.00, Shalby 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 a Healthcare Providers & Services company?
The median Interest Coverage among Healthcare Providers & Services companies is 8.00, based on 453 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. Shalby's current Interest Coverage of 1.16 is 85.5% 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 Shalby and its competitors. For the Healthcare Providers & Services industry, the median Interest Coverage is 8.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shalby's current Interest Coverage is 1.16, which is 86% below median its own 10-year median of 8.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shalby stock overvalued right now?
Based on GuruFocus' analysis, Shalby (NSE:SHALBY) is currently considered Possible Value Trap. The stock's GF Value™ is ₹249.55, compared to a current price of ₹175.72 — trading 29.6% below its estimated fair value. The current Interest Coverage is 1.16, which is 86% below median its 10-year median of 8.16 and 85.5% below the Healthcare Providers & Services industry median of 8.00. Shalby's overall GF Score™ is 92/100 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 Shalby (NSE:SHALBY), the current Interest Coverage is 1.16 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 Shalby (NSE:SHALBY) Overvalued in 2026?

Based on GuruFocus' analysis, Shalby stock appears to be undervalued. The current stock price of ₹175.72 is trading 29.6% below its estimated GF Value™ of ₹249.55. GuruFocus considers Shalby to be Possible Value Trap.

Key valuation signals for NSE:SHALBY:

  • Interest Coverage: 1.16 (86% below median its 10-year median of 8.16)
  • GF Value™: ₹249.55 vs. price of ₹175.72 (29.6% below fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 85.5% below the Healthcare Providers & Services median (#385 of 453)

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


Shalby Business Description

Other Exchanges 540797:India
Address Opposite Karnavati Club, S. G. Highway, B-301 & 302, Mondeal Heights, Ahmedabad, GJ, IND, 380 015
Shalby Ltd operates a chain of multispecialty hospitals. It is engaged in setting up and managing hospitals and medical diagnostic services. The hospitals offer healthcare services to patients in various areas of specialization such as Cardiology, Emergency Medicine, Gastroenterology Surgery, Arthroscopy Sports Injury, Infectious Diseases, Oncology, and others. The activities are mainly conducted only in India. Revenue mainly comprises fees charged for inpatient and outpatient hospital services. Services include charges for accommodation, medical professional services, equipment, radiology, laboratory, and pharmaceutical goods used in treatments given to Patients.
92GF Score

Get the complete analysis for NSE:SHALBY

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

₹175.72
Price
₹249.55
GF Value