Sunflag Iron & Steel Co (NSE:SUNFLAG) Interest Coverage: 5.42 (As of Mar. 2026) — Near Median


NSE:SUNFLAG Sunflag Iron & Steel Co Ltd NSE:SUNFLAG
74 GF Score
Price ₹353.35
GF Value ₹258.63
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Sunflag Iron & Steel Co Interest Coverage?

Sunflag Iron & Steel Co NSE:SUNFLAG -0.55% 74 Interest Coverage is 5.42 as of Mar. 2026, which is 5% below its 10-year median of 5.72. GuruFocus rates NSE:SUNFLAG with a GF Score™ of 74/100 and a GF Value™ of ₹258.63 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 456 Steel companies, Sunflag Iron & Steel Co ranks better than 52.41% 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. Sunflag Iron & Steel Co's Operating Income for the three months ended in Mar. 2026 was ₹957 Mil. Sunflag Iron & Steel Co's Interest Expense for the three months ended in Mar. 2026 was ₹-177 Mil. Sunflag Iron & Steel Co's interest coverage for the quarter that ended in Mar. 2026 was 5.42. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Sunflag Iron & Steel Co's Interest Coverage or its related term are showing as below:

NSE:SUNFLAG' s Interest Coverage Range Over the Past 10 Years
Min: 3.17   Med: 5.72   Max: 9.8
Current: 4.89


NSE:SUNFLAG's Interest Coverage is ranked better than
52.41% of 456 companies
in the Steel industry
Industry Median: 4.445 vs NSE:SUNFLAG: 4.89

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


Sunflag Iron & Steel Co  (NSE:SUNFLAG) 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 .


Sunflag Iron & Steel Co Interest Coverage Related Terms


Sunflag Iron & Steel Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sunflag Iron & Steel Co'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.

Sunflag Iron & Steel Co Interest Coverage Chart

Sunflag Iron & Steel Co 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 9.80 6.39 3.83 3.17 5.04

Sunflag Iron & Steel Co 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 3.39 4.01 4.40 5.88 5.42

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

For the Steel subindustry, Sunflag Iron & Steel Co'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.


Sunflag Iron & Steel Co Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Sunflag Iron & Steel Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Sunflag Iron & Steel Co's Interest Coverage falls into.


NSE:SUNFLAG
74GF Score
Sunflag Iron & Steel Co Ltd NSE:SUNFLAG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunflag Iron & Steel Co 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.

Sunflag Iron & Steel Co'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, Sunflag Iron & Steel Co's Interest Expense was ₹-722 Mil. Its Operating Income was ₹3,637 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,059 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3636.5/-722.2
=5.04

Sunflag Iron & Steel Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Sunflag Iron & Steel Co's Interest Expense was ₹-177 Mil. Its Operating Income was ₹957 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,059 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*957/-176.6
=5.42

* 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 5.42 mean?
Sunflag Iron & Steel Co (NSE:SUNFLAG) has a Interest Coverage of 5.42 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sunflag Iron & Steel Co and its competitors. This is near median its historical median of 5.72. Over the past decade, Sunflag Iron & Steel Co's Interest Coverage has ranged from 3.17 to 9.80. According to the industry distribution chart, Sunflag Iron & Steel Co ranks #217 out of 456 companies in the Steel industry, placing it in the top 47.6%.
Is Sunflag Iron & Steel Co's Interest Coverage too high?
Sunflag Iron & Steel Co's current Interest Coverage of 5.42 is near median its 10-year median of 5.72. Over the past 10 years, this metric has ranged from a low of 3.17 to a high of 9.80. The Steel industry median Interest Coverage is 4.45. Sunflag Iron & Steel Co's value of 5.42 is 21.9% above this industry median. Based on the distribution chart, Sunflag Iron & Steel Co ranks #217 out of 456 companies in the Steel industry, which is above the industry midpoint. Overall, Sunflag Iron & Steel Co has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sunflag Iron & Steel Co's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Sunflag Iron & Steel Co ranks #217 out of 456 companies for Interest Coverage. This puts Sunflag Iron & Steel Co in the upper half of its industry. The industry median Interest Coverage is 4.45. Sunflag Iron & Steel Co's value of 5.42 is 21.9% above this benchmark. Historically, Sunflag Iron & Steel Co's own Interest Coverage has ranged from 3.17 to 9.80 over the past decade. While the company's 10-year median is 5.72 vs. the industry median of 4.45, Sunflag Iron & Steel Co 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Sunflag Iron & Steel Co's current Interest Coverage of 5.42 is 21.9% 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 Sunflag Iron & Steel Co and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunflag Iron & Steel Co's current Interest Coverage is 5.42, which is near median its own 10-year median of 5.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunflag Iron & Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Sunflag Iron & Steel Co (NSE:SUNFLAG) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹258.63, compared to a current price of ₹353.35 — trading 36.6% above its estimated fair value. The current Interest Coverage is 5.42, which is near median its 10-year median of 5.72 and 21.9% above the Steel industry median of 4.45. Sunflag Iron & Steel Co's overall GF Score™ is 74/100 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 Sunflag Iron & Steel Co (NSE:SUNFLAG), the current Interest Coverage is 5.42 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 Sunflag Iron & Steel Co (NSE:SUNFLAG) Overvalued in 2026?

Based on GuruFocus' analysis, Sunflag Iron & Steel Co stock appears to be overvalued. The current stock price of ₹353.35 is trading 36.6% above its estimated GF Value™ of ₹258.63. GuruFocus considers Sunflag Iron & Steel Co to be Significantly Overvalued.

Key valuation signals for NSE:SUNFLAG:

  • Interest Coverage: 5.42 (near median its 10-year median of 5.72)
  • GF Value™: ₹258.63 vs. price of ₹353.35 (36.6% above fair value)
  • GF Score™: 74/100 with 4 warning signs
  • Industry Position: 21.9% above the Steel median (#217 of 456)

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


Sunflag Iron & Steel Co Business Description

Other Exchanges 500404:India
Address Mount Road, 33/1, Sadar, Nagpur, MH, IND, 440001
Sunflag Iron & Steel Co Ltd is engaged in the business of manufacturing and selling special steel rolled products. The company offers rolled steel bars and wires, round steel bars and coils, round cornered steel bars and coils, flat steel bars, and more. It has only one operating segment, i.e., Iron and Steel Business, and operations are mainly within India.
74GF Score

Get the complete analysis for NSE:SUNFLAG

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

₹353.35
Price
₹258.63
GF Value