Tamil Nadu Newsprint & Papers (NSE:TNPL) Interest Coverage: 1.39 (As of Mar. 2026) — Near Median


NSE:TNPL Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
72 GF Score
Price ₹144.99
GF Value ₹183.57
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Tamil Nadu Newsprint & Papers Interest Coverage?

Tamil Nadu Newsprint & Papers NSE:TNPL -0.54% 72 Interest Coverage is 1.39 as of Mar. 2026, which is 9% below its 10-year median of 1.52. GuruFocus rates NSE:TNPL with a GF Score™ of 72/100 and a GF Value™ of ₹183.57 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 182 Forest Products companies, Tamil Nadu Newsprint & Papers ranks worse than 90.66% 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. Tamil Nadu Newsprint & Papers's Operating Income for the three months ended in Mar. 2026 was ₹624 Mil. Tamil Nadu Newsprint & Papers's Interest Expense for the three months ended in Mar. 2026 was ₹-449 Mil. Tamil Nadu Newsprint & Papers's interest coverage for the quarter that ended in Mar. 2026 was 1.39. 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. Tamil Nadu Newsprint & Papers Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

The historical rank and industry rank for Tamil Nadu Newsprint & Papers's Interest Coverage or its related term are showing as below:

NSE:TNPL' s Interest Coverage Range Over the Past 10 Years
Min: 0.39   Med: 1.52   Max: 5.06
Current: 0.87


NSE:TNPL's Interest Coverage is ranked worse than
90.66% of 182 companies
in the Forest Products industry
Industry Median: 3.97 vs NSE:TNPL: 0.87

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


Tamil Nadu Newsprint & Papers  (NSE:TNPL) 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 .


Tamil Nadu Newsprint & Papers Interest Coverage Related Terms


Tamil Nadu Newsprint & Papers Interest Coverage Historical Data

* Premium members only.

The historical data trend for Tamil Nadu Newsprint & Papers'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.

Tamil Nadu Newsprint & Papers Interest Coverage Chart

Tamil Nadu Newsprint & Papers 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 1.14 5.06 2.66 0.57 0.87

Tamil Nadu Newsprint & Papers 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 0.50 0.50 0.89 0.74 1.39

Tamil Nadu Newsprint & Papers Interest Coverage Competitor Comparison

For the Paper & Paper Products subindustry, Tamil Nadu Newsprint & Papers'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.


Tamil Nadu Newsprint & Papers Interest Coverage vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tamil Nadu Newsprint & Papers's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Tamil Nadu Newsprint & Papers's Interest Coverage falls into.


NSE:TNPL
72GF Score
Tamil Nadu Newsprint & Papers Ltd NSE:TNPL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tamil Nadu Newsprint & Papers 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.

Tamil Nadu Newsprint & Papers'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, Tamil Nadu Newsprint & Papers's Interest Expense was ₹-1,932 Mil. Its Operating Income was ₹1,679 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹8,584 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1678.8/-1931.6
=0.87

Tamil Nadu Newsprint & Papers's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Tamil Nadu Newsprint & Papers's Interest Expense was ₹-449 Mil. Its Operating Income was ₹624 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹8,584 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*624.1/-449.4
=1.39

* 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 1.39 mean?
Tamil Nadu Newsprint & Papers (NSE:TNPL) has a Interest Coverage of 1.39 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Tamil Nadu Newsprint & Papers and its competitors. This is near median its historical median of 1.52. Over the past decade, Tamil Nadu Newsprint & Papers' Interest Coverage has ranged from 0.39 to 5.06. According to the industry distribution chart, Tamil Nadu Newsprint & Papers ranks #165 out of 182 companies in the Forest Products industry, placing it in the top 90.7%.
Is Tamil Nadu Newsprint & Papers' Interest Coverage too high?
Tamil Nadu Newsprint & Papers' current Interest Coverage of 1.39 is near median its 10-year median of 1.52. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 5.06. The Forest Products industry median Interest Coverage is 3.97. Tamil Nadu Newsprint & Papers' value of 1.39 is 65% below this industry median. Based on the distribution chart, Tamil Nadu Newsprint & Papers ranks #165 out of 182 companies in the Forest Products industry, which is in the bottom quartile relative to peers. Overall, Tamil Nadu Newsprint & Papers has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tamil Nadu Newsprint & Papers' Interest Coverage compare to competitors?
According to the Forest Products industry distribution chart, Tamil Nadu Newsprint & Papers ranks #165 out of 182 companies for Interest Coverage. This places Tamil Nadu Newsprint & Papers in the lower half of its industry. The industry median Interest Coverage is 3.97. Tamil Nadu Newsprint & Papers' value of 1.39 is 65% below this benchmark. Historically, Tamil Nadu Newsprint & Papers' own Interest Coverage has ranged from 0.39 to 5.06 over the past decade. While the company's 10-year median is 1.52 vs. the industry median of 3.97, Tamil Nadu Newsprint & Papers 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 Forest Products company?
The median Interest Coverage among Forest Products companies is 3.97, based on 182 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. Tamil Nadu Newsprint & Papers's current Interest Coverage of 1.39 is 65% 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 Tamil Nadu Newsprint & Papers and its competitors. For the Forest Products industry, the median Interest Coverage is 3.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tamil Nadu Newsprint & Papers's current Interest Coverage is 1.39, which is near median its own 10-year median of 1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamil Nadu Newsprint & Papers stock overvalued right now?
Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers (NSE:TNPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹183.57, compared to a current price of ₹144.99 — trading 21% below its estimated fair value. The current Interest Coverage is 1.39, which is near median its 10-year median of 1.52 and 65% below the Forest Products industry median of 3.97. Tamil Nadu Newsprint & Papers' overall GF Score™ is 72/100 with 6 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 Tamil Nadu Newsprint & Papers (NSE:TNPL), the current Interest Coverage is 1.39 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 Tamil Nadu Newsprint & Papers (NSE:TNPL) Overvalued in 2026?

Based on GuruFocus' analysis, Tamil Nadu Newsprint & Papers stock appears to be undervalued. The current stock price of ₹144.99 is trading 21% below its estimated GF Value™ of ₹183.57. GuruFocus considers Tamil Nadu Newsprint & Papers to be Modestly Undervalued.

Key valuation signals for NSE:TNPL:

  • Interest Coverage: 1.39 (near median its 10-year median of 1.52)
  • GF Value™: ₹183.57 vs. price of ₹144.99 (21% below fair value)
  • GF Score™: 72/100 with 6 warning signs
  • Industry Position: 65% below the Forest Products median (#165 of 182)

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


Tamil Nadu Newsprint & Papers Business Description

Other Exchanges 531426:India
Address 67, Mount Road, Guindy, Chennai, TN, IND, 600 032
Tamil Nadu Newsprint & Papers Ltd is engaged in the business of printing and writing paper. It operates in two segments Paper & Paper Board and Energy. Paper & Paper Board is involved in the Manufacturing and selling of Paper and Paper boards, and the Energy involved in the Generation of Power through TGs and Windmills for captive consumption and for export of power. Its products include Paper, Packaging Board, Cement, and Marketing Network.
72GF Score

Get the complete analysis for NSE:TNPL

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

₹144.99
Price
₹183.57
GF Value