Shiv Aum Steels (NSE:SHIVAUM) Interest Coverage: 2.06 (As of Mar. 2026) — 15% Below Median

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NSE:SHIVAUM Shiv Aum Steels Ltd NSE:SHIVAUM
66 GF Score
Price ₹447.10
GF Value ₹324.96
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Shiv Aum Steels Interest Coverage?

Shiv Aum Steels NSE:SHIVAUM +0.47% 66 Interest Coverage is 2.06 as of Mar. 2026, which is 15% below its 10-year median of 2.41. GuruFocus rates NSE:SHIVAUM with a GF Score™ of 66/100 and a GF Value™ of ₹324.96 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 459 Steel companies, Shiv Aum Steels ranks worse than 77.34% 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. Shiv Aum Steels's Operating Income for the six months ended in Mar. 2026 was ₹85 Mil. Shiv Aum Steels's Interest Expense for the six months ended in Mar. 2026 was ₹-41 Mil. Shiv Aum Steels's interest coverage for the quarter that ended in Mar. 2026 was 2.06. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SHIVAUM' s Interest Coverage Range Over the Past 10 Years
Min: 1.49   Med: 2.41   Max: 5.9
Current: 1.88


NSE:SHIVAUM's Interest Coverage is ranked worse than
77.34% of 459 companies
in the Steel industry
Industry Median: 4.49 vs NSE:SHIVAUM: 1.88

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


Shiv Aum Steels  (NSE:SHIVAUM) 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 .


Shiv Aum Steels Interest Coverage Related Terms


Shiv Aum Steels Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shiv Aum Steels'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.

Shiv Aum Steels Interest Coverage Chart

Shiv Aum Steels 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 5.90 4.90 3.07 1.83 1.88

Shiv Aum Steels Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 2.25 2.33 1.39 1.68 2.06

NSE:SHIVAUM vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Shiv Aum Steels'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.


Shiv Aum Steels Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Shiv Aum Steels's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shiv Aum Steels's Interest Coverage falls into.


NSE:SHIVAUM
66GF Score
Shiv Aum Steels Ltd NSE:SHIVAUM
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shiv Aum Steels 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.

Shiv Aum Steels'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, Shiv Aum Steels's Interest Expense was ₹-80 Mil. Its Operating Income was ₹151 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹125 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*150.819/-80.361
=1.88

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

Here, for the six months ended in Mar. 2026, Shiv Aum Steels's Interest Expense was ₹-41 Mil. Its Operating Income was ₹85 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹125 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*85.151/-41.363
=2.06

* 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 2.06 mean?
Shiv Aum Steels (NSE:SHIVAUM) has a Interest Coverage of 2.06 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shiv Aum Steels and its competitors. This is 15% below median its historical median of 2.41. Over the past decade, Shiv Aum Steels' Interest Coverage has ranged from 1.49 to 5.90. According to the industry distribution chart, Shiv Aum Steels ranks #355 out of 459 companies in the Steel industry, placing it in the top 77.3%.
Is Shiv Aum Steels' Interest Coverage too high?
Shiv Aum Steels' current Interest Coverage of 2.06 is 15% below median its 10-year median of 2.41. Over the past 10 years, this metric has ranged from a low of 1.49 to a high of 5.90. The Steel industry median Interest Coverage is 4.49. Shiv Aum Steels' value of 2.06 is 54.1% below this industry median. Based on the distribution chart, Shiv Aum Steels ranks #355 out of 459 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Shiv Aum Steels has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shiv Aum Steels' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Shiv Aum Steels ranks #355 out of 459 companies for Interest Coverage. This places Shiv Aum Steels in the lower half of its industry. The industry median Interest Coverage is 4.49. Shiv Aum Steels' value of 2.06 is 54.1% below this benchmark. Historically, Shiv Aum Steels' own Interest Coverage has ranged from 1.49 to 5.90 over the past decade. While the company's 10-year median is 2.41 vs. the industry median of 4.49, Shiv Aum Steels 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 Steel company?
The median Interest Coverage among Steel companies is 4.49, based on 459 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. Shiv Aum Steels's current Interest Coverage of 2.06 is 54.1% 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 Shiv Aum Steels and its competitors. For the Steel industry, the median Interest Coverage is 4.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiv Aum Steels's current Interest Coverage is 2.06, which is 15% below median its own 10-year median of 2.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiv Aum Steels stock overvalued right now?
Based on GuruFocus' analysis, Shiv Aum Steels (NSE:SHIVAUM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹324.96, compared to a current price of ₹447.10 — trading 37.6% above its estimated fair value. The current Interest Coverage is 2.06, which is 15% below median its 10-year median of 2.41 and 54.1% below the Steel industry median of 4.49. Shiv Aum Steels' overall GF Score™ is 66/100 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 Shiv Aum Steels (NSE:SHIVAUM), the current Interest Coverage is 2.06 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 Shiv Aum Steels (NSE:SHIVAUM) Overvalued in 2026?

Based on GuruFocus' analysis, Shiv Aum Steels stock appears to be overvalued. The current stock price of ₹447.10 is trading 37.6% above its estimated GF Value™ of ₹324.96. GuruFocus considers Shiv Aum Steels to be Significantly Overvalued.

Key valuation signals for NSE:SHIVAUM:

  • Interest Coverage: 2.06 (15% below median its 10-year median of 2.41)
  • GF Value™: ₹324.96 vs. price of ₹447.10 (37.6% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 54.1% below the Steel median (#355 of 459)

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


Shiv Aum Steels Business Description

Address Western Express Way, A.K. Road, Office No. 515, The Summit Business Bay, Opposite PVR Cinemas, Andheri (East), Mumbai, MH, IND, 400093
Shiv Aum Steels Ltd is engaged in the business of iron and steel products, dealing in structural steel, coils, and plates. It trades mild steel products such as beams, angles, plates, channels, coils, and thermo mechanically treated (TMT) bars. Operating as a trader, stockist, and distributor, it offers various steel products, including I-Beams, H-Beams, C Channels, Angles, T-Angles, Coils, and Plates in different sizes as per customer requirements. The Company is an authorized distributor for premium steel brands like Jindal Steel & Power Limited (JSPL), Steel Authority of India (SAIL), and Rashtriya Ispat Nigam Limited (RINL), among others. It serves a broad customer base across India, ranging from small steel processing units to large EPC companies and real estate developers.
66GF Score

Get the complete analysis for NSE:SHIVAUM

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

₹447.10
Price
₹324.96
GF Value