Styrenix Performance Materials (NSE:STYRENIX) Interest Coverage: 18.41 (As of Mar. 2026) — 42% Below Median


NSE:STYRENIX Styrenix Performance Materials Ltd NSE:STYRENIX
81 GF Score
Price ₹2,334.40
GF Value ₹2,609.80
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Styrenix Performance Materials Interest Coverage?

Styrenix Performance Materials NSE:STYRENIX -0.74% 81 Interest Coverage is 18.41 as of Mar. 2026, which is 42% below its 10-year median of 31.71. GuruFocus rates NSE:STYRENIX with a GF Score™ of 81/100 and a GF Value™ of ₹2,609.80 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,234 Chemicals companies, Styrenix Performance Materials ranks better than 52.67% 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. Styrenix Performance Materials's Operating Income for the three months ended in Mar. 2026 was ₹856 Mil. Styrenix Performance Materials's Interest Expense for the three months ended in Mar. 2026 was ₹-47 Mil. Styrenix Performance Materials's interest coverage for the quarter that ended in Mar. 2026 was 18.41. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Styrenix Performance Materials's Interest Coverage or its related term are showing as below:

NSE:STYRENIX' s Interest Coverage Range Over the Past 10 Years
Min: 2.82   Med: 31.71   Max: 83.79
Current: 11.78


NSE:STYRENIX's Interest Coverage is ranked better than
52.67% of 1234 companies
in the Chemicals industry
Industry Median: 10.18 vs NSE:STYRENIX: 11.78

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


Styrenix Performance Materials  (NSE:STYRENIX) 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 .


Styrenix Performance Materials Interest Coverage Related Terms


Styrenix Performance Materials Interest Coverage Historical Data

* Premium members only.

The historical data trend for Styrenix Performance Materials'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.

Styrenix Performance Materials Interest Coverage Chart

Styrenix Performance Materials 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 63.78 49.71 83.79 52.29 11.78

Styrenix Performance Materials 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 20.01 15.63 10.98 2.60 18.41

NSE:STYRENIX vs DOW: Interest Coverage Comparison

For the Chemicals subindustry, Styrenix Performance Materials'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.


Styrenix Performance Materials Interest Coverage vs Chemicals Industry

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

* The bar in red indicates where Styrenix Performance Materials's Interest Coverage falls into.


NSE:STYRENIX
81GF Score
Styrenix Performance Materials Ltd NSE:STYRENIX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Styrenix Performance Materials 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.

Styrenix Performance Materials'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, Styrenix Performance Materials's Interest Expense was ₹-195 Mil. Its Operating Income was ₹2,291 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,345 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2291.1/-194.5
=11.78

Styrenix Performance Materials's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Styrenix Performance Materials's Interest Expense was ₹-47 Mil. Its Operating Income was ₹856 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,345 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*855.9/-46.5
=18.41

* 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 18.41 mean?
Styrenix Performance Materials (NSE:STYRENIX) has a Interest Coverage of 18.41 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Styrenix Performance Materials and its competitors. This is 42% below median its historical median of 31.71. Over the past decade, Styrenix Performance Materials' Interest Coverage has ranged from 2.82 to 83.79. According to the industry distribution chart, Styrenix Performance Materials ranks #584 out of 1234 companies in the Chemicals industry, placing it in the top 47.3%.
Is Styrenix Performance Materials' Interest Coverage too high?
Styrenix Performance Materials' current Interest Coverage of 18.41 is 42% below median its 10-year median of 31.71. Over the past 10 years, this metric has ranged from a low of 2.82 to a high of 83.79. The Chemicals industry median Interest Coverage is 10.18. Styrenix Performance Materials' value of 18.41 is 80.8% above this industry median. Based on the distribution chart, Styrenix Performance Materials ranks #584 out of 1234 companies in the Chemicals industry, which is above the industry midpoint. Overall, Styrenix Performance Materials has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Styrenix Performance Materials' Interest Coverage compare to DOW?
According to the Chemicals industry distribution chart, Styrenix Performance Materials ranks #584 out of 1234 companies for Interest Coverage. This puts Styrenix Performance Materials in the upper half of its industry. The industry median Interest Coverage is 10.18. Styrenix Performance Materials' value of 18.41 is 80.8% above this benchmark. Historically, Styrenix Performance Materials' own Interest Coverage has ranged from 2.82 to 83.79 over the past decade. While the company's 10-year median is 31.71 vs. the industry median of 10.18, Styrenix Performance Materials 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 10.18, based on 1,234 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. Styrenix Performance Materials's current Interest Coverage of 18.41 is 80.8% 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 Styrenix Performance Materials and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Styrenix Performance Materials's current Interest Coverage is 18.41, which is 42% below median its own 10-year median of 31.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Styrenix Performance Materials stock overvalued right now?
Based on GuruFocus' analysis, Styrenix Performance Materials (NSE:STYRENIX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,609.80, compared to a current price of ₹2,334.40 — trading 10.6% below its estimated fair value. The current Interest Coverage is 18.41, which is 42% below median its 10-year median of 31.71 and 80.8% above the Chemicals industry median of 10.18. Styrenix Performance Materials' overall GF Score™ is 81/100 with 5 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 Styrenix Performance Materials (NSE:STYRENIX), the current Interest Coverage is 18.41 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 Styrenix Performance Materials (NSE:STYRENIX) Overvalued in 2026?

Based on GuruFocus' analysis, Styrenix Performance Materials stock appears to be undervalued. The current stock price of ₹2,334.40 is trading 10.6% below its estimated GF Value™ of ₹2,609.80. GuruFocus considers Styrenix Performance Materials to be Modestly Undervalued.

Key valuation signals for NSE:STYRENIX:

  • Interest Coverage: 18.41 (42% below median its 10-year median of 31.71)
  • GF Value™: ₹2,609.80 vs. price of ₹2,334.40 (10.6% below fair value)
  • GF Score™: 81/100 with 5 warning signs
  • Industry Position: 80.8% above the Chemicals median (#584 of 1234)

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


Styrenix Performance Materials Business Description

Other Exchanges 506222:India
Address Dr. Vikram Sarabhai Marg, 9th Floor, Shiva, Sarabhai Complex, Vadiwadi, Vadodara, GJ, IND, 390023
Styrenix Performance Materials Ltd is a producer of Absolac (ABS) and Absolan (SAN) in India. ABS is a plastic resin produced from acrylonitrile, butadiene, and styrene, used for manufacturing home appliances, automobiles, consumer durables, and machinery. Absolan(SAN) is a polymerized plastic resin produced from styrene and acrylonitrile and is mainly used for products such as lighting, stationery, novelties, refrigerators, and cosmetic packing. The company operates in single segment, namely Engineering Polymers. All the business activities of the firm functioned throughout the region of India.
81GF Score

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

₹2,334.40
Price
₹2,609.80
GF Value