Sunlite Recycling IndustriesNSE:SUNLITE -1.35%46 Interest Coverage is 26.37 as of Mar. 2026, which is 692% above its 10-year median of 3.33. GuruFocus rates NSE:SUNLITE with a GF Score™ of 46/100. The stock has 1 warning sign investors should review. Among 2,325 Industrial Products companies, Sunlite Recycling Industries ranks better than 58.28% 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. Sunlite Recycling Industries's
Operating Income
for the
six
months ended in Mar. 2026 was ₹368 Mil. Sunlite Recycling Industries's Interest Expense for the
six
months ended in Mar. 2026 was ₹-14 Mil.
Sunlite Recycling Industries's interest coverage for the quarter that ended in Mar. 2026 was 26.37.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Sunlite Recycling Industries's Interest Coverage or its related term are showing as below:
NSE:SUNLITE'
s Interest Coverage Range Over the Past 10 Years
Min: 2.72 Med: 3.33 Max: 22.33
Current: 22.33
NSE:SUNLITE's Interest Coverage is ranked better than 58.28% of 2325
companies
in the Industrial Products industry
Industry Median: 14.8
vs NSE:SUNLITE: 22.33
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 .
Sunlite Recycling Industries Interest Coverage Related Terms
Sunlite Recycling 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:SUNLITE vs VRT, BE: Interest Coverage Comparison
For the Electrical Equipment & Parts subindustry, Sunlite Recycling 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.
Sunlite Recycling Industries Interest Coverage vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Sunlite Recycling Industries's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Sunlite Recycling 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.
Sunlite Recycling Industries (NSE:SUNLITE) has a Interest Coverage of 26.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sunlite Recycling Industries and its competitors. This is 692% above median its historical median of 3.33. Over the past decade, Sunlite Recycling Industries' Interest Coverage has ranged from 2.72 to 22.33. According to the industry distribution chart, Sunlite Recycling Industries ranks #970 out of 2325 companies in the Industrial Products industry, placing it in the top 41.7%.
Is Sunlite Recycling Industries' Interest Coverage too high?
Sunlite Recycling Industries' current Interest Coverage of 26.37 is 692% above median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 2.72 to a high of 22.33. The Industrial Products industry median Interest Coverage is 14.80. Sunlite Recycling Industries' value of 26.37 is 78.2% above this industry median. Based on the distribution chart, Sunlite Recycling Industries ranks #970 out of 2325 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Sunlite Recycling Industries has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Sunlite Recycling Industries ranks #970 out of 2325 companies for Interest Coverage. This puts Sunlite Recycling Industries in the upper half of its industry. The industry median Interest Coverage is 14.80. Sunlite Recycling Industries' value of 26.37 is 78.2% above this benchmark. Historically, Sunlite Recycling Industries' own Interest Coverage has ranged from 2.72 to 22.33 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 14.80, Sunlite Recycling Industries 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.80, based on 2,325 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. Sunlite Recycling Industries's current Interest Coverage of 26.37 is 78.2% 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 Sunlite Recycling Industries and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sunlite Recycling Industries's current Interest Coverage is 26.37, which is 692% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Interest Coverage of 26.37. The current Interest Coverage is 26.37, which is 692% above median its 10-year median of 3.33 and 78.2% above the Industrial Products industry median of 14.80. Sunlite Recycling Industries' overall GF Score™ is 46/100 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 Sunlite Recycling Industries (NSE:SUNLITE), the current Interest Coverage is 26.37 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.
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
46GF Score
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