Swastik Pipe (NSE:SWASTIK) Interest Coverage: N/A (As of Mar. 2025)


NSE:SWASTIK Swastik Pipe Ltd NSE:SWASTIK
62 GF Score
Price ₹17.90
GF Value ₹81.60
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Swastik Pipe Interest Coverage?

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. Swastik Pipe's Operating Income for the six months ended in Mar. 2025 was ₹0 Mil. Swastik Pipe's Interest Expense for the six months ended in Mar. 2025 was ₹0 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SWASTIK' s Interest Coverage Range Over the Past 10 Years
Min: 0.23   Med: 1.28   Max: 1.7
Current: 1.51

NSE:SWASTIK's Interest Coverage is ranked worse than
79.91% of 458 companies
in the Steel industry
Industry Median: 4.445 vs NSE:SWASTIK: 1.51

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

Swastik Pipe  (NSE:SWASTIK) 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 .

Swastik Pipe Interest Coverage Related Terms

Swastik Pipe Interest Coverage Historical Data

* Premium members only.

The historical data trend for Swastik Pipe'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.

Swastik Pipe Interest Coverage Chart

Swastik Pipe Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial 1.18 1.38 1.70 1.51 0.67

Swastik Pipe Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Mar25
Interest Coverage Get a 7-Day Free Trial 0.76 3.06 1.44 1.61 N/A

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

For the Steel subindustry, Swastik Pipe'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.

Swastik Pipe Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Swastik Pipe's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Swastik Pipe's Interest Coverage falls into.


NSE:SWASTIK
62GF Score
Swastik Pipe Ltd NSE:SWASTIK
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Swastik Pipe 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.

Swastik Pipe's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Swastik Pipe's Interest Expense was ₹-197 Mil. Its Operating Income was ₹132 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹253 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*132.312/-196.648
=0.67

Swastik Pipe's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Swastik Pipe's Interest Expense was ₹0 Mil. Its Operating Income was ₹0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹253 Mil.

GuruFocus does not calculate Swastik Pipe's interest coverage with the available 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.

The higher the ratio, the stronger the company's Financial Strength is.

Is Swastik Pipe (NSE:SWASTIK) Overvalued in 2026?

Based on GuruFocus' analysis, Swastik Pipe stock appears to be undervalued. The current stock price of ₹17.90 is trading 78.1% below its estimated GF Value™ of ₹81.60. GuruFocus considers Swastik Pipe to be Significantly Undervalued.

Key valuation signals for NSE:SWASTIK:

  • Interest Coverage: N/A
  • GF Value™: ₹81.60 vs. price of ₹17.90 (78.1% below fair value)
  • GF Score™: 62/100 with 6 warning signs

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

Swastik Pipe Business Description

Address Asaf Ali Road, 1/23 B, First Floor, Daryaganj, Delhi, IND, 110002
Swastik Pipe Ltd manufactures and exports a range of steel pipes and related products in India. Its product portfolio includes mild steel and carbon steel electric resistance welded (ERW) black and galvanized pipes, hollow steel pipes, cold-rolled steel strips and coils, swaged tubular poles, and solar mounting structures. The company operates manufacturing plants in Haryana and Uttar Pradesh with a notable installed capacity. Swastik Pipe serves industries such as construction, infrastructure, and energy, exporting products to various countries. Revenue is generated through the sale of its steel pipe products both domestically and internationally.
62GF Score

Get the complete analysis for NSE:SWASTIK

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

₹17.90
Price
₹81.60
GF Value