Symphony (NSE:SYMPHONY) Interest Coverage: 8.80 (As of Mar. 2026) — 47% Below Median


NSE:SYMPHONY Symphony Ltd NSE:SYMPHONY
73 GF Score
Price ₹691.45
GF Value ₹927.60
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Symphony Interest Coverage?

Symphony NSE:SYMPHONY +0.17% 73 Interest Coverage is 8.80 as of Mar. 2026, which is 47% below its 10-year median of 16.64. GuruFocus rates NSE:SYMPHONY with a GF Score™ of 73/100 and a GF Value™ of ₹927.60 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 293 Furnishings, Fixtures & Appliances companies, Symphony ranks better than 66.21% 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. Symphony's Operating Income for the three months ended in Mar. 2026 was ₹440 Mil. Symphony's Interest Expense for the three months ended in Mar. 2026 was ₹-50 Mil. Symphony's interest coverage for the quarter that ended in Mar. 2026 was 8.80. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SYMPHONY' s Interest Coverage Range Over the Past 10 Years
Min: 6.5   Med: 16.64   Max: 5936.2
Current: 23.2


NSE:SYMPHONY's Interest Coverage is ranked better than
66.21% of 293 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 11.05 vs NSE:SYMPHONY: 23.20

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


Symphony  (NSE:SYMPHONY) 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 .


Symphony Interest Coverage Related Terms


Symphony Interest Coverage Historical Data

* Premium members only.

The historical data trend for Symphony'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.

Symphony Interest Coverage Chart

Symphony 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 15.47 11.09 14.31 28.90 6.50

Symphony 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 34.00 No Debt N/A No Debt 8.80

NSE:SYMPHONY vs SN, SGI, MHK: Interest Coverage Comparison

For the Furnishings, Fixtures & Appliances subindustry, Symphony'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.


Symphony Interest Coverage vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Symphony's Interest Coverage distribution charts can be found below:

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


NSE:SYMPHONY
73GF Score
Symphony Ltd NSE:SYMPHONY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Symphony 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.

Symphony'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, Symphony's Interest Expense was ₹-160 Mil. Its Operating Income was ₹1,040 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹170 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1040/-160
=6.50

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

Here, for the three months ended in Mar. 2026, Symphony's Interest Expense was ₹-50 Mil. Its Operating Income was ₹440 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹170 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*440/-50
=8.80

* 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 8.80 mean?
Symphony (NSE:SYMPHONY) has a Interest Coverage of 8.80 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Symphony and its competitors. This is 47% below median its historical median of 16.64. Over the past decade, Symphony's Interest Coverage has ranged from 6.50 to 5,936.20. According to the industry distribution chart, Symphony ranks #99 out of 293 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 33.8%.
Is Symphony's Interest Coverage too high?
Symphony's current Interest Coverage of 8.80 is 47% below median its 10-year median of 16.64. Over the past 10 years, this metric has ranged from a low of 6.50 to a high of 5,936.20. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 11.05. Symphony's value of 8.80 is 20.4% below this industry median. Based on the distribution chart, Symphony ranks #99 out of 293 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Symphony has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Symphony's Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Symphony ranks #99 out of 293 companies for Interest Coverage. This puts Symphony in the upper half of its industry. The industry median Interest Coverage is 11.05. Symphony's value of 8.80 is 20.4% below this benchmark. Historically, Symphony's own Interest Coverage has ranged from 6.50 to 5,936.20 over the past decade. While the company's 10-year median is 16.64 vs. the industry median of 11.05, Symphony 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 a Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 11.05, based on 293 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. Symphony's current Interest Coverage of 8.80 is 20.4% 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 Symphony and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 11.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Symphony's current Interest Coverage is 8.80, which is 47% below median its own 10-year median of 16.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Symphony stock overvalued right now?
Based on GuruFocus' analysis, Symphony (NSE:SYMPHONY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹927.60, compared to a current price of ₹691.45 — trading 25.5% below its estimated fair value. The current Interest Coverage is 8.80, which is 47% below median its 10-year median of 16.64 and 20.4% below the Furnishings, Fixtures & Appliances industry median of 11.05. Symphony's overall GF Score™ is 73/100 with 3 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 Symphony (NSE:SYMPHONY), the current Interest Coverage is 8.80 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 Symphony (NSE:SYMPHONY) Overvalued in 2026?

Based on GuruFocus' analysis, Symphony stock appears to be undervalued. The current stock price of ₹691.45 is trading 25.5% below its estimated GF Value™ of ₹927.60. GuruFocus considers Symphony to be Modestly Undervalued.

Key valuation signals for NSE:SYMPHONY:

  • Interest Coverage: 8.80 (47% below median its 10-year median of 16.64)
  • GF Value™: ₹927.60 vs. price of ₹691.45 (25.5% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 20.4% below the Furnishings, Fixtures & Appliances median (#99 of 293)

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


Symphony Business Description

Other Exchanges 517385:India
Address FP-12, TP-50, Off S.G. Highway, Symphony House, Third Floor, Bodakdev, Ahmedabad, GJ, IND, 380059
Symphony Ltd is an India-based company engaged in the field of residential, commercial, and industrial air cooling and other appliances both in the domestic and international markets. Its products include Household air coolers, Commercial air coolers, Tower fans, and Large space venti cooling among others. Geographically, the company generates a majority of its revenue within India and the rest from other countries.
73GF Score

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

₹691.45
Price
₹927.60
GF Value