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. Southern Petrochemicals Industries's
Operating Income
for the
three
months ended in Mar. 2026 was ₹353 Mil. Southern Petrochemicals Industries's Interest Expense for the
three
months ended in Mar. 2026 was ₹-50 Mil.
Southern Petrochemicals Industries's interest coverage for the quarter that ended in Mar. 2026 was 7.04.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Southern Petrochemicals Industries's Interest Coverage or its related term are showing as below:
NSE:SPIC'
s Interest Coverage Range Over the Past 10 Years
Min: 2.04 Med: 4.49 Max: 10.85
Current: 9
NSE:SPIC's Interest Coverage is ranked better than 55.56% of 198
companies
in the Agriculture industry
Industry Median: 7.24
vs NSE:SPIC: 9.00
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 .
Southern Petrochemicals Industries Interest Coverage Related Terms
Southern Petrochemicals Industries Interest Coverage Historical Data
* 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.
NSE:SPIC vs CTVA, CF, MOS: Interest Coverage Comparison
For the Agricultural Inputs subindustry, Southern Petrochemicals Industries'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.
Southern Petrochemicals Industries Interest Coverage vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Southern Petrochemicals Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Southern Petrochemicals Industries's Interest Coverage falls into.
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:
* 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.
Southern Petrochemicals Industries (NSE:SPIC) has a Interest Coverage of 7.04 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Southern Petrochemicals Industries and its competitors. This is 57% above median its historical median of 4.49. Over the past decade, Southern Petrochemicals Industries' Interest Coverage has ranged from 2.04 to 10.85. According to the industry distribution chart, Southern Petrochemicals Industries ranks #88 out of 198 companies in the Agriculture industry, placing it in the top 44.4%.
Is Southern Petrochemicals Industries' Interest Coverage too high?
Southern Petrochemicals Industries' current Interest Coverage of 7.04 is 57% above median its 10-year median of 4.49. Over the past 10 years, this metric has ranged from a low of 2.04 to a high of 10.85. The Agriculture industry median Interest Coverage is 7.24. Southern Petrochemicals Industries' value of 7.04 is 2.8% below this industry median. Based on the distribution chart, Southern Petrochemicals Industries ranks #88 out of 198 companies in the Agriculture industry, which is above the industry midpoint. Overall, Southern Petrochemicals Industries has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Petrochemicals Industries' Interest Coverage compare to CTVA and CF?
According to the Agriculture industry distribution chart, Southern Petrochemicals Industries ranks #88 out of 198 companies for Interest Coverage. This puts Southern Petrochemicals Industries in the upper half of its industry. The industry median Interest Coverage is 7.24. Southern Petrochemicals Industries' value of 7.04 is 2.8% below this benchmark. Historically, Southern Petrochemicals Industries' own Interest Coverage has ranged from 2.04 to 10.85 over the past decade. While the company's 10-year median is 4.49 vs. the industry median of 7.24, Southern Petrochemicals Industries 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 an Agriculture company?
The median Interest Coverage among Agriculture companies is 7.24, based on 198 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. Southern Petrochemicals Industries's current Interest Coverage of 7.04 is 2.8% 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 Southern Petrochemicals Industries and its competitors. For the Agriculture industry, the median Interest Coverage is 7.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Petrochemicals Industries's current Interest Coverage is 7.04, which is 57% above median its own 10-year median of 4.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Petrochemicals Industries stock overvalued right now?
Based on GuruFocus' analysis, Southern Petrochemicals Industries (NSE:SPIC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹386.96, compared to a current price of ₹69.08 — trading 82.1% below its estimated fair value. The current Interest Coverage is 7.04, which is 57% above median its 10-year median of 4.49 and 2.8% below the Agriculture industry median of 7.24. Southern Petrochemicals Industries' overall GF Score™ is 78/100 with 4 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 Southern Petrochemicals Industries (NSE:SPIC), the current Interest Coverage is 7.04 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 Southern Petrochemicals Industries (NSE:SPIC) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Petrochemicals Industries stock appears to be undervalued.
The current stock price of ₹69.08 is trading 82.1% below its estimated GF Value™ of ₹386.96.
GuruFocus considers Southern Petrochemicals Industries to be Significantly Undervalued.
Key valuation signals for NSE:SPIC:
Interest Coverage: 7.04 (57% above median its 10-year median of 4.49)
GF Value™: ₹386.96 vs. price of ₹69.08 (82.1% below fair value)
Industry Position: 2.8% below the Agriculture median (#88 of 198)
No single metric tells the full story. See the NSE:SPIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Petrochemicals Industries Business Description
Southern Petrochemicals Industries Corp Ltd is a manufacturer and seller of nitrogenous and phosphatic fertilizers, including urea and neem-coated urea. The company operates a large fertilizer complex in Tuticorin, Tamil Nadu, capable of producing substantial volumes to support agricultural productivity across India. SPIC also provides secondary and micronutrient fertilizers, organic fertilizers, biopesticides, and plant growth regulators to enrich soil and crop health. Its industrial by-products, such as phosphoric acid and sulfuric acid, serve other sectors like cement and aluminum production. Revenue is majorly generated from the sale of fertilizer products through an extensive dealer network serving rural and farming communities nationwide.
78GF Score
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