SPR Auto Technologies (NSE:SHRIPISTON) Interest Coverage: 6.57 (As of Mar. 2026) — 52% Below Median


NSE:SHRIPISTON SPR Auto Technologies Ltd NSE:SHRIPISTON
80 GF Score
Price ₹4,187.40
GF Value ₹3,164.63
Valuation Significantly Overvalued
! 9 Warning Signs
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What is SPR Auto Technologies Interest Coverage?

SPR Auto Technologies NSE:SHRIPISTON +4.45% 80 Interest Coverage is 6.57 as of Mar. 2026, which is 52% below its 10-year median of 13.61. GuruFocus rates NSE:SHRIPISTON with a GF Score™ of 80/100 and a GF Value™ of ₹3,164.63 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,067 Vehicles & Parts companies, SPR Auto Technologies ranks better than 59.23% 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. SPR Auto Technologies's Operating Income for the three months ended in Mar. 2026 was ₹2,162 Mil. SPR Auto Technologies's Interest Expense for the three months ended in Mar. 2026 was ₹-329 Mil. SPR Auto Technologies's interest coverage for the quarter that ended in Mar. 2026 was 6.57. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SHRIPISTON' s Interest Coverage Range Over the Past 10 Years
Min: 6.81   Med: 13.61   Max: 19.17
Current: 11.71


NSE:SHRIPISTON's Interest Coverage is ranked better than
59.23% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 8.31 vs NSE:SHRIPISTON: 11.71

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


SPR Auto Technologies  (NSE:SHRIPISTON) 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 .


SPR Auto Technologies Interest Coverage Related Terms


SPR Auto Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for SPR Auto Technologies'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.

SPR Auto Technologies Interest Coverage Chart

SPR Auto Technologies 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 18.31 19.17 17.93 17.62 11.69

SPR Auto Technologies 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 21.68 18.18 20.55 14.79 6.57

NSE:SHRIPISTON vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, SPR Auto Technologies'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.


SPR Auto Technologies Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SPR Auto Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where SPR Auto Technologies's Interest Coverage falls into.


NSE:SHRIPISTON
80GF Score
SPR Auto Technologies Ltd NSE:SHRIPISTON
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPR Auto Technologies 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.

SPR Auto Technologies'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, SPR Auto Technologies's Interest Expense was ₹-622 Mil. Its Operating Income was ₹7,272 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹12,911 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*7272/-622
=11.69

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

Here, for the three months ended in Mar. 2026, SPR Auto Technologies's Interest Expense was ₹-329 Mil. Its Operating Income was ₹2,162 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹12,911 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*2162/-329
=6.57

* 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 6.57 mean?
SPR Auto Technologies (NSE:SHRIPISTON) has a Interest Coverage of 6.57 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on SPR Auto Technologies and its competitors. This is 52% below median its historical median of 13.61. Over the past decade, SPR Auto Technologies' Interest Coverage has ranged from 6.81 to 19.17. According to the industry distribution chart, SPR Auto Technologies ranks #435 out of 1067 companies in the Vehicles & Parts industry, placing it in the top 40.8%.
Is SPR Auto Technologies' Interest Coverage too high?
SPR Auto Technologies' current Interest Coverage of 6.57 is 52% below median its 10-year median of 13.61. Over the past 10 years, this metric has ranged from a low of 6.81 to a high of 19.17. The Vehicles & Parts industry median Interest Coverage is 8.31. SPR Auto Technologies' value of 6.57 is 20.9% below this industry median. Based on the distribution chart, SPR Auto Technologies ranks #435 out of 1067 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, SPR Auto Technologies has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPR Auto Technologies' Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, SPR Auto Technologies ranks #435 out of 1067 companies for Interest Coverage. This puts SPR Auto Technologies in the upper half of its industry. The industry median Interest Coverage is 8.31. SPR Auto Technologies' value of 6.57 is 20.9% below this benchmark. Historically, SPR Auto Technologies' own Interest Coverage has ranged from 6.81 to 19.17 over the past decade. While the company's 10-year median is 13.61 vs. the industry median of 8.31, SPR Auto Technologies 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.31, based on 1,067 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. SPR Auto Technologies's current Interest Coverage of 6.57 is 20.9% 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 SPR Auto Technologies and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPR Auto Technologies's current Interest Coverage is 6.57, which is 52% below median its own 10-year median of 13.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPR Auto Technologies stock overvalued right now?
Based on GuruFocus' analysis, SPR Auto Technologies (NSE:SHRIPISTON) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,164.63, compared to a current price of ₹4,187.40 — trading 32.3% above its estimated fair value. The current Interest Coverage is 6.57, which is 52% below median its 10-year median of 13.61 and 20.9% below the Vehicles & Parts industry median of 8.31. SPR Auto Technologies' overall GF Score™ is 80/100 with 9 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 SPR Auto Technologies (NSE:SHRIPISTON), the current Interest Coverage is 6.57 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 SPR Auto Technologies (NSE:SHRIPISTON) Overvalued in 2026?

Based on GuruFocus' analysis, SPR Auto Technologies stock appears to be overvalued. The current stock price of ₹4,187.40 is trading 32.3% above its estimated GF Value™ of ₹3,164.63. GuruFocus considers SPR Auto Technologies to be Significantly Overvalued.

Key valuation signals for NSE:SHRIPISTON:

  • Interest Coverage: 6.57 (52% below median its 10-year median of 13.61)
  • GF Value™: ₹3,164.63 vs. price of ₹4,187.40 (32.3% above fair value)
  • GF Score™: 80/100 with 9 warning signs
  • Industry Position: 20.9% below the Vehicles & Parts median (#435 of 1067)

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


SPR Auto Technologies Business Description

Other Exchanges 544344:India
Address 23, Kasturba Gandhi Marg, 3rd Floor, Himalaya House, New Delhi, IND, 110 001
SPR Auto Technologies Ltd, formerly known as Shriram Pistons & Rings Ltd, is engaged in the business of manufacturing and marketing its automotive component. The company's product portfolio comprises Pistons, Piston Pins, Piston Rings, and Engine Valves. Its product is used by passenger commercial vehicles, cars, two-wheelers, tractors, and stationary engines. The company derives revenue mainly from sales in the domestic market.
80GF Score

Get the complete analysis for NSE:SHRIPISTON

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

₹4,187.40
Price
₹3,164.63
GF Value