Thaai Casting (NSE:TCL) Interest Coverage: 2.61 (As of Sep. 2025) — 33% Below Median


NSE:TCL Thaai Casting Ltd NSE:TCL
12 GF Score
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What is Thaai Casting Interest Coverage?

Thaai Casting NSE:TCL -1.05% 12 Interest Coverage is 2.61 as of Sep. 2025, which is 33% below its 10-year median of 3.90. GuruFocus rates NSE:TCL with a GF Score™ of 12/100. The stock has 8 warning signs investors should review. Among 1,066 Vehicles & Parts companies, Thaai Casting ranks worse than 71.2% 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. Thaai Casting's Operating Income for the six months ended in Sep. 2025 was ₹114 Mil. Thaai Casting's Interest Expense for the six months ended in Sep. 2025 was ₹-44 Mil. Thaai Casting's interest coverage for the quarter that ended in Sep. 2025 was 2.61. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Thaai Casting Ltd interest coverage is 3.19, which is low.

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

NSE:TCL' s Interest Coverage Range Over the Past 10 Years
Min: 1.79   Med: 3.9   Max: 6.56
Current: 3.19


NSE:TCL's Interest Coverage is ranked worse than
71.2% of 1066 companies
in the Vehicles & Parts industry
Industry Median: 8.295 vs NSE:TCL: 3.19

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


Thaai Casting  (NSE:TCL) 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 .


Thaai Casting Interest Coverage Related Terms


Thaai Casting Interest Coverage Historical Data

* Premium members only.

The historical data trend for Thaai Casting'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.

Thaai Casting Interest Coverage Chart

Thaai Casting Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
1.79 2.26 4.03 6.56 3.90

Thaai Casting Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Interest Coverage Get a 7-Day Free Trial N/A N/A 3.73 4.06 2.61

NSE:TCL vs ORLY, AZO: Interest Coverage Comparison

For the Auto Parts subindustry, Thaai Casting'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.


Thaai Casting Interest Coverage vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thaai Casting's Interest Coverage distribution charts can be found below:

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


NSE:TCL
12GF Score
Thaai Casting Ltd NSE:TCL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Thaai Casting 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.

Thaai Casting'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, Thaai Casting's Interest Expense was ₹-57 Mil. Its Operating Income was ₹222 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹453 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*222.305/-57.017
=3.90

Thaai Casting's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, Thaai Casting's Interest Expense was ₹-44 Mil. Its Operating Income was ₹114 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹645 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*114.36/-43.875
=2.61

* 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 2.61 mean?
Thaai Casting (NSE:TCL) has a Interest Coverage of 2.61 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Thaai Casting and its competitors. This is 33% below median its historical median of 3.90. Over the past decade, Thaai Casting's Interest Coverage has ranged from 1.79 to 6.56. According to the industry distribution chart, Thaai Casting ranks #759 out of 1066 companies in the Vehicles & Parts industry, placing it in the top 71.2%.
Is Thaai Casting's Interest Coverage too high?
Thaai Casting's current Interest Coverage of 2.61 is 33% below median its 10-year median of 3.90. Over the past 10 years, this metric has ranged from a low of 1.79 to a high of 6.56. The Vehicles & Parts industry median Interest Coverage is 8.30. Thaai Casting's value of 2.61 is 68.5% below this industry median. Based on the distribution chart, Thaai Casting ranks #759 out of 1066 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Thaai Casting has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Thaai Casting's Interest Coverage compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Thaai Casting ranks #759 out of 1066 companies for Interest Coverage. This places Thaai Casting in the lower half of its industry. The industry median Interest Coverage is 8.30. Thaai Casting's value of 2.61 is 68.5% below this benchmark. Historically, Thaai Casting's own Interest Coverage has ranged from 1.79 to 6.56 over the past decade. While the company's 10-year median is 3.90 vs. the industry median of 8.30, Thaai Casting 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 Vehicles & Parts company?
The median Interest Coverage among Vehicles & Parts companies is 8.30, based on 1,066 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. Thaai Casting's current Interest Coverage of 2.61 is 68.5% 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 Thaai Casting and its competitors. For the Vehicles & Parts industry, the median Interest Coverage is 8.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thaai Casting's current Interest Coverage is 2.61, which is 33% below median its own 10-year median of 3.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaai Casting stock overvalued right now?
Thaai Casting (NSE:TCL) has a current Interest Coverage of 2.61. The current Interest Coverage is 2.61, which is 33% below median its 10-year median of 3.90 and 68.5% below the Vehicles & Parts industry median of 8.30. Thaai Casting's overall GF Score™ is 12/100 with 8 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 Thaai Casting (NSE:TCL), the current Interest Coverage is 2.61 as of Sep. 2025. 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.

Thaai Casting Business Description

Address 7th Cross Street, No. A-20 SIPCOT Industrial Park, Pillaipakkam, Tiruvallur, Sriperumbudur, TN, IND, 602105
Thaai Casting Ltd is a distinguished automotive ancillary company, specializing in high-pressure Die Casting, as well as the precision Machining of both Ferrous and Non-Ferrous materials and Induction heating and quenching. Its products portfolio encompasses a diverse range of Automobile components, including Engine Mounting Support Brackets, Transmission Mounts, Fork Shift and Housing, Armature Steering Wheel, Electrical Connectors, YFG Base Frame (Right-hand drive side/Left-hand drive side), Housing, Top Cover, and more.
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Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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