Siddhika Coatings (NSE:SIDDHIKA) Interest Coverage: 1,405.23 (As of Mar. 2026) — 445% Above Median

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NSE:SIDDHIKA Siddhika Coatings Ltd NSE:SIDDHIKA
96 GF Score
Price ₹230.00
GF Value ₹234.19
Valuation Fairly Valued
! 1 Warning Sign
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What is Siddhika Coatings Interest Coverage?

Siddhika Coatings NSE:SIDDHIKA +2.22% 96 Interest Coverage is 1,405.23 as of Mar. 2026, which is 445% above its 10-year median of 257.99. GuruFocus rates NSE:SIDDHIKA with a GF Score™ of 96/100 and a GF Value™ of ₹234.19 (Fairly Valued). The stock has 1 warning sign investors should review. Among 1,275 Chemicals companies, Siddhika Coatings ranks better than 95.61% 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. Siddhika Coatings's Operating Income for the six months ended in Mar. 2026 was ₹60.4 Mil. Siddhika Coatings's Interest Expense for the six months ended in Mar. 2026 was ₹-0.0 Mil. Siddhika Coatings's interest coverage for the quarter that ended in Mar. 2026 was 1,405.23. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Siddhika Coatings Ltd has no debt.

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

NSE:SIDDHIKA' s Interest Coverage Range Over the Past 10 Years
Min: 79.9   Med: 257.99   Max: 45628
Current: 1740.79


NSE:SIDDHIKA's Interest Coverage is ranked better than
95.61% of 1275 companies
in the Chemicals industry
Industry Median: 11.23 vs NSE:SIDDHIKA: 1740.79

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


Siddhika Coatings  (NSE:SIDDHIKA) 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 .


Siddhika Coatings Interest Coverage Related Terms


Siddhika Coatings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Siddhika Coatings'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.

Siddhika Coatings Interest Coverage Chart

Siddhika Coatings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only 257.99 93.17 1,167.61 1,258.24 45,628.00

Siddhika Coatings Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 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 0.00 378.42 1,406.97 2,256.11 1,405.23

NSE:SIDDHIKA vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Siddhika Coatings'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.


Siddhika Coatings Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Siddhika Coatings's Interest Coverage distribution charts can be found below:

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


NSE:SIDDHIKA
96GF Score
Siddhika Coatings Ltd NSE:SIDDHIKA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Siddhika Coatings 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.

Siddhika Coatings'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, Siddhika Coatings's Interest Expense was ₹-0.0 Mil. Its Operating Income was ₹136.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*136.884/-0.003
=45,628.00

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

Here, for the six months ended in Mar. 2026, Siddhika Coatings's Interest Expense was ₹-0.0 Mil. Its Operating Income was ₹60.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*60.425/-0.043
=1,405.23

* 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 1,405.23 mean?
Siddhika Coatings (NSE:SIDDHIKA) has a Interest Coverage of 1,405.23 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Siddhika Coatings and its competitors. This is 445% above median its historical median of 257.99. Over the past decade, Siddhika Coatings' Interest Coverage has ranged from 79.90 to 45,628.00. According to the industry distribution chart, Siddhika Coatings ranks #56 out of 1275 companies in the Chemicals industry, placing it in the top 4.4%.
Is Siddhika Coatings' Interest Coverage too high?
Siddhika Coatings' current Interest Coverage of 1,405.23 is 445% above median its 10-year median of 257.99. Over the past 10 years, this metric has ranged from a low of 79.90 to a high of 45,628.00. The Chemicals industry median Interest Coverage is 11.23. Siddhika Coatings' value of 1,405.23 is 12413.2% above this industry median. Based on the distribution chart, Siddhika Coatings ranks #56 out of 1275 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Siddhika Coatings has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siddhika Coatings' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Siddhika Coatings ranks #56 out of 1275 companies for Interest Coverage. This places Siddhika Coatings in the top 4% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 11.23. Siddhika Coatings' value of 1,405.23 is 12413.2% above this benchmark. Historically, Siddhika Coatings' own Interest Coverage has ranged from 79.90 to 45,628.00 over the past decade. While the company's 10-year median is 257.99 vs. the industry median of 11.23, Siddhika Coatings 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 11.23, based on 1,275 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. Siddhika Coatings's current Interest Coverage of 1,405.23 is 12413.2% 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 Siddhika Coatings and its competitors. For the Chemicals industry, the median Interest Coverage is 11.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siddhika Coatings's current Interest Coverage is 1,405.23, which is 445% above median its own 10-year median of 257.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siddhika Coatings stock overvalued right now?
Based on GuruFocus' analysis, Siddhika Coatings (NSE:SIDDHIKA) is currently considered Fairly Valued. The stock's GF Value™ is ₹234.19, compared to a current price of ₹230.00 — trading 1.8% below its estimated fair value. The current Interest Coverage is 1,405.23, which is 445% above median its 10-year median of 257.99 and 12413.2% above the Chemicals industry median of 11.23. Siddhika Coatings' overall GF Score™ is 96/100 with 1 warning sign 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 Siddhika Coatings (NSE:SIDDHIKA), the current Interest Coverage is 1,405.23 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 Siddhika Coatings (NSE:SIDDHIKA) Overvalued in 2026?

Based on GuruFocus' analysis, Siddhika Coatings stock appears to be undervalued. The current stock price of ₹230.00 is trading 1.8% below its estimated GF Value™ of ₹234.19. GuruFocus considers Siddhika Coatings to be Fairly Valued.

Key valuation signals for NSE:SIDDHIKA:

  • Interest Coverage: 1,405.23 (445% above median its 10-year median of 257.99)
  • GF Value™: ₹234.19 vs. price of ₹230.00 (1.8% below fair value)
  • GF Score™: 96/100 with 1 warning sign
  • Industry Position: 12413.2% above the Chemicals median (#56 of 1275)

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


Siddhika Coatings Business Description

Address L-9, Lower Ground Floor Kalkaj, South Delhi, New Delhi, IND, 110019
Siddhika Coatings Ltd is a texture paint contract company in the single-brand segment. Its segments are paint contracting and selling of paint and allied products. The company derives revenue from Paint contracts and sale of paint and allied products.
96GF Score

Get the complete analysis for NSE:SIDDHIKA

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

₹230.00
Price
₹234.19
GF Value