Shanti Gold International (NSE:SHANTIGOLD) Interest Coverage: 14.66 (As of Mar. 2026) — 334% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SHANTIGOLD Shanti Gold International Ltd NSE:SHANTIGOLD
18 GF Score
Price ₹211.29
! 3 Warning Signs
View Full Analysis

What is Shanti Gold International Interest Coverage?

Shanti Gold International NSE:SHANTIGOLD +1.99% 18 Interest Coverage is 14.66 as of Mar. 2026, which is 334% above its 10-year median of 3.38. GuruFocus rates NSE:SHANTIGOLD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 834 Retail - Cyclical companies, Shanti Gold International ranks better than 62.83% 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. Shanti Gold International's Operating Income for the three months ended in Mar. 2026 was ₹653 Mil. Shanti Gold International's Interest Expense for the three months ended in Mar. 2026 was ₹-45 Mil. Shanti Gold International's interest coverage for the quarter that ended in Mar. 2026 was 14.66. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SHANTIGOLD' s Interest Coverage Range Over the Past 10 Years
Min: 1.75   Med: 3.38   Max: 13.99
Current: 13.99


NSE:SHANTIGOLD's Interest Coverage is ranked better than
62.83% of 834 companies
in the Retail - Cyclical industry
Industry Median: 7.45 vs NSE:SHANTIGOLD: 13.99

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


Shanti Gold International  (NSE:SHANTIGOLD) 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 .


Shanti Gold International Interest Coverage Related Terms


Shanti Gold International Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shanti Gold International'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.

Shanti Gold International Interest Coverage Chart

Shanti Gold International Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
1.75 3.38 3.38 4.38 10.52

Shanti Gold International Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 5.09 3.52 14.03 13.28 14.66

NSE:SHANTIGOLD vs TPR: Interest Coverage Comparison

For the Luxury Goods subindustry, Shanti Gold International'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.


Shanti Gold International Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shanti Gold International's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shanti Gold International's Interest Coverage falls into.


NSE:SHANTIGOLD
18GF Score
Shanti Gold International Ltd NSE:SHANTIGOLD
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shanti Gold International 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.

Shanti Gold International'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, Shanti Gold International's Interest Expense was ₹-183 Mil. Its Operating Income was ₹1,929 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹136 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1929.21/-183.34
=10.52

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

Here, for the three months ended in Mar. 2026, Shanti Gold International's Interest Expense was ₹-45 Mil. Its Operating Income was ₹653 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹136 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*653.17/-44.54
=14.66

* 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 14.66 mean?
Shanti Gold International (NSE:SHANTIGOLD) has a Interest Coverage of 14.66 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shanti Gold International and its competitors. This is 334% above median its historical median of 3.38. Over the past decade, Shanti Gold International's Interest Coverage has ranged from 1.75 to 13.99. According to the industry distribution chart, Shanti Gold International ranks #310 out of 834 companies in the Retail - Cyclical industry, placing it in the top 37.2%.
Is Shanti Gold International's Interest Coverage too high?
Shanti Gold International's current Interest Coverage of 14.66 is 334% above median its 10-year median of 3.38. Over the past 10 years, this metric has ranged from a low of 1.75 to a high of 13.99. The Retail - Cyclical industry median Interest Coverage is 7.45. Shanti Gold International's value of 14.66 is 96.8% above this industry median. Based on the distribution chart, Shanti Gold International ranks #310 out of 834 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shanti Gold International has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Gold International's Interest Coverage compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shanti Gold International ranks #310 out of 834 companies for Interest Coverage. This puts Shanti Gold International in the upper half of its industry. The industry median Interest Coverage is 7.45. Shanti Gold International's value of 14.66 is 96.8% above this benchmark. Historically, Shanti Gold International's own Interest Coverage has ranged from 1.75 to 13.99 over the past decade. While the company's 10-year median is 3.38 vs. the industry median of 7.45, Shanti Gold International 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.45, based on 834 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. Shanti Gold International's current Interest Coverage of 14.66 is 96.8% 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 Shanti Gold International and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shanti Gold International's current Interest Coverage is 14.66, which is 334% above median its own 10-year median of 3.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Gold International stock overvalued right now?
Shanti Gold International (NSE:SHANTIGOLD) has a current Interest Coverage of 14.66. The current Interest Coverage is 14.66, which is 334% above median its 10-year median of 3.38 and 96.8% above the Retail - Cyclical industry median of 7.45. Shanti Gold International's overall GF Score™ is 18/100 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 Shanti Gold International (NSE:SHANTIGOLD), the current Interest Coverage is 14.66 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.

Shanti Gold International Business Description

Other Exchanges 544459:India
Address Marol Industrial Area, Road No.-1, Plot No A-51, 2nd Floor to 7th Floor, MIDC, Near Tunga International Hotel, Andheri East, Chakala MIDC, Mumbai, MH, IND, 400093
Shanti Gold International Ltd is one of the manufacturers of high-quality 22kt CZ casting gold jewellery, specializing in the design and production of all types of gold jewellery. The Company offers a wide range of high-quality, intricately designed pieces, including bangles, rings, necklaces, and complete jewellery sets across various price points ranging from jewellery for special occasions, such as weddings to festive and daily-wear jewellery.
18GF Score

Get the complete analysis for NSE:SHANTIGOLD

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

₹211.29
Price