Teamtech Formwork Solutions (NSE:TEAMTECH) Interest Coverage: 16.66 (As of Mar. 2026) — Near Median

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NSE:TEAMTECH Teamtech Formwork Solutions Ltd NSE:TEAMTECH
19 GF Score
Price ₹115.80
! 3 Warning Signs
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What is Teamtech Formwork Solutions Interest Coverage?

Teamtech Formwork Solutions NSE:TEAMTECH -1.45% 19 Interest Coverage is 16.66 as of Mar. 2026, which is 1% above its 10-year median of 16.55. GuruFocus rates NSE:TEAMTECH with a GF Score™ of 19/100. The stock has 3 warning signs investors should review. Among 305 Building Materials companies, Teamtech Formwork Solutions ranks better than 68.85% 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. Teamtech Formwork Solutions's Operating Income for the six months ended in Mar. 2026 was ₹164.3 Mil. Teamtech Formwork Solutions's Interest Expense for the six months ended in Mar. 2026 was ₹-9.9 Mil. Teamtech Formwork Solutions's interest coverage for the quarter that ended in Mar. 2026 was 16.66. The higher the ratio, the stronger the company's financial strength is.

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

NSE:TEAMTECH' s Interest Coverage Range Over the Past 10 Years
Min: 14.78   Med: 16.55   Max: 16.66
Current: 16.66


NSE:TEAMTECH's Interest Coverage is ranked better than
68.85% of 305 companies
in the Building Materials industry
Industry Median: 6.94 vs NSE:TEAMTECH: 16.66

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


Teamtech Formwork Solutions  (NSE:TEAMTECH) 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 .


Teamtech Formwork Solutions Interest Coverage Related Terms


Teamtech Formwork Solutions Interest Coverage Historical Data

* Premium members only.

The historical data trend for Teamtech Formwork Solutions'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.

Teamtech Formwork Solutions Interest Coverage Chart

Teamtech Formwork Solutions Annual Data
Trend Mar24 Mar25 Mar26
Interest Coverage
16.55 14.78 16.66

Teamtech Formwork Solutions Semi-Annual Data
Mar24 Mar25 Mar26
Interest Coverage 16.55 14.78 16.66

NSE:TEAMTECH vs CRH, VMC, MLM: Interest Coverage Comparison

For the Building Materials subindustry, Teamtech Formwork Solutions'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.


Teamtech Formwork Solutions Interest Coverage vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Teamtech Formwork Solutions's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Teamtech Formwork Solutions's Interest Coverage falls into.


NSE:TEAMTECH
19GF Score
Teamtech Formwork Solutions Ltd NSE:TEAMTECH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Teamtech Formwork Solutions 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.

Teamtech Formwork Solutions'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, Teamtech Formwork Solutions's Interest Expense was ₹-9.9 Mil. Its Operating Income was ₹164.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹76.8 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*164.337/-9.862
=16.66

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

Here, for the six months ended in Mar. 2026, Teamtech Formwork Solutions's Interest Expense was ₹-9.9 Mil. Its Operating Income was ₹164.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹76.8 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*164.337/-9.862
=16.66

* 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 16.66 mean?
Teamtech Formwork Solutions (NSE:TEAMTECH) has a Interest Coverage of 16.66 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Teamtech Formwork Solutions and its competitors. This is near median its historical median of 16.55. Over the past decade, Teamtech Formwork Solutions' Interest Coverage has ranged from 14.78 to 16.66. According to the industry distribution chart, Teamtech Formwork Solutions ranks #95 out of 305 companies in the Building Materials industry, placing it in the top 31.1%.
Is Teamtech Formwork Solutions' Interest Coverage too high?
Teamtech Formwork Solutions' current Interest Coverage of 16.66 is near median its 10-year median of 16.55. Over the past 10 years, this metric has ranged from a low of 14.78 to a high of 16.66. The Building Materials industry median Interest Coverage is 6.94. Teamtech Formwork Solutions' value of 16.66 is 140.1% above this industry median. Based on the distribution chart, Teamtech Formwork Solutions ranks #95 out of 305 companies in the Building Materials industry, which is above the industry midpoint. Overall, Teamtech Formwork Solutions has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Teamtech Formwork Solutions' Interest Coverage compare to CRH and VMC?
According to the Building Materials industry distribution chart, Teamtech Formwork Solutions ranks #95 out of 305 companies for Interest Coverage. This puts Teamtech Formwork Solutions in the upper half of its industry. The industry median Interest Coverage is 6.94. Teamtech Formwork Solutions' value of 16.66 is 140.1% above this benchmark. Historically, Teamtech Formwork Solutions' own Interest Coverage has ranged from 14.78 to 16.66 over the past decade. While the company's 10-year median is 16.55 vs. the industry median of 6.94, Teamtech Formwork Solutions 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 6.94, based on 305 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. Teamtech Formwork Solutions's current Interest Coverage of 16.66 is 140.1% 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 Teamtech Formwork Solutions and its competitors. For the Building Materials industry, the median Interest Coverage is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teamtech Formwork Solutions's current Interest Coverage is 16.66, which is near median its own 10-year median of 16.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teamtech Formwork Solutions stock overvalued right now?
Teamtech Formwork Solutions (NSE:TEAMTECH) has a current Interest Coverage of 16.66. The current Interest Coverage is 16.66, which is near median its 10-year median of 16.55 and 140.1% above the Building Materials industry median of 6.94. Teamtech Formwork Solutions' overall GF Score™ is 19/100 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 Teamtech Formwork Solutions (NSE:TEAMTECH), the current Interest Coverage is 16.66 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.

Teamtech Formwork Solutions Business Description

Address Survey No., 163/Part, Durgamatha House Building Co-operative Housing Society Limited, 3rd Floor, 4th Floor, Plot No. 1050/1, Hydernagar, Balanagar Mandal, Kukatpally Municipal Circle, Ranga Reddy Medchal, Miyapur, Tirumalagiri, Hyderabad, TG, IND, 500049
Teamtech Formwork Solutions Ltd operates on business-to-business (B2B) model and is engaged in the manufacturing, refurbishing and renting of modular T formwork and customised formwork system used in the construction industry. Its products include vertical modular formwork systems designed for vertical concrete structures such as foundations, walls, shafts, tanks, bridges, circular walls, and other structural elements. The majority of the company's revenue is derived from the sale of Standard Panel. Geographically, it also has a presence in the UAE, Bahrain, and Bhutan. The maximum revenue is derived from its product sales in India.
19GF Score

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