TVS Electronics (NSE:TVSELECT) Interest Coverage: 1.52 (As of Mar. 2026) — 75% Below Median


NSE:TVSELECT TVS Electronics Ltd NSE:TVSELECT
73 GF Score
Price ₹511.50
GF Value ₹450.74
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is TVS Electronics Interest Coverage?

TVS Electronics NSE:TVSELECT +0.59% 73 Interest Coverage is 1.52 as of Mar. 2026, which is 75% below its 10-year median of 6.15. GuruFocus rates NSE:TVSELECT with a GF Score™ of 73/100 and a GF Value™ of ₹450.74 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,672 Hardware companies, TVS Electronics ranks worse than 97.49% 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. TVS Electronics's Operating Income for the three months ended in Mar. 2026 was ₹30 Mil. TVS Electronics's Interest Expense for the three months ended in Mar. 2026 was ₹-20 Mil. TVS Electronics's interest coverage for the quarter that ended in Mar. 2026 was 1.52. The higher the ratio, the stronger the company's financial strength is.

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

NSE:TVSELECT' s Interest Coverage Range Over the Past 10 Years
Min: 0.42   Med: 6.15   Max: 100
Current: 0.42


NSE:TVSELECT's Interest Coverage is ranked worse than
97.49% of 1672 companies
in the Hardware industry
Industry Median: 13.73 vs NSE:TVSELECT: 0.42

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


TVS Electronics  (NSE:TVSELECT) 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 .


TVS Electronics Interest Coverage Related Terms


TVS Electronics Interest Coverage Historical Data

* Premium members only.

The historical data trend for TVS Electronics'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.

TVS Electronics Interest Coverage Chart

TVS Electronics 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 21.13 9.26 0.00 0.00 0.42

TVS Electronics 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 0.00 0.00 0.60 1.58 1.52

NSE:TVSELECT vs SNDK, DELL, STX: Interest Coverage Comparison

For the Computer Hardware subindustry, TVS Electronics'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.


TVS Electronics Interest Coverage vs Hardware Industry

For the Hardware industry and Technology sector, TVS Electronics's Interest Coverage distribution charts can be found below:

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


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

TVS Electronics 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.

TVS Electronics'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, TVS Electronics's Interest Expense was ₹-69 Mil. Its Operating Income was ₹29 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹119 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*28.7/-68.9
=0.42

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

Here, for the three months ended in Mar. 2026, TVS Electronics's Interest Expense was ₹-20 Mil. Its Operating Income was ₹30 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹119 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*30/-19.8
=1.52

* 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 1.52 mean?
TVS Electronics (NSE:TVSELECT) has a Interest Coverage of 1.52 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TVS Electronics and its competitors. This is 75% below median its historical median of 6.15. Over the past decade, TVS Electronics' Interest Coverage has ranged from 0.42 to 100.00. According to the industry distribution chart, TVS Electronics ranks #1630 out of 1672 companies in the Hardware industry, placing it in the top 97.5%.
Is TVS Electronics' Interest Coverage too high?
TVS Electronics' current Interest Coverage of 1.52 is 75% below median its 10-year median of 6.15. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 100.00. The Hardware industry median Interest Coverage is 13.73. TVS Electronics' value of 1.52 is 88.9% below this industry median. Based on the distribution chart, TVS Electronics ranks #1630 out of 1672 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, TVS Electronics has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TVS Electronics' Interest Coverage compare to SNDK and DELL?
According to the Hardware industry distribution chart, TVS Electronics ranks #1630 out of 1672 companies for Interest Coverage. This places TVS Electronics in the lower half of its industry. The industry median Interest Coverage is 13.73. TVS Electronics' value of 1.52 is 88.9% below this benchmark. Historically, TVS Electronics' own Interest Coverage has ranged from 0.42 to 100.00 over the past decade. While the company's 10-year median is 6.15 vs. the industry median of 13.73, TVS Electronics 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 Hardware company?
The median Interest Coverage among Hardware companies is 13.73, based on 1,672 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. TVS Electronics's current Interest Coverage of 1.52 is 88.9% 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 TVS Electronics and its competitors. For the Hardware industry, the median Interest Coverage is 13.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TVS Electronics's current Interest Coverage is 1.52, which is 75% below median its own 10-year median of 6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVS Electronics stock overvalued right now?
Based on GuruFocus' analysis, TVS Electronics (NSE:TVSELECT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹450.74, compared to a current price of ₹511.50 — trading 13.5% above its estimated fair value. The current Interest Coverage is 1.52, which is 75% below median its 10-year median of 6.15 and 88.9% below the Hardware industry median of 13.73. TVS Electronics' 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 TVS Electronics (NSE:TVSELECT), the current Interest Coverage is 1.52 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 TVS Electronics (NSE:TVSELECT) Overvalued in 2026?

Based on GuruFocus' analysis, TVS Electronics stock appears to be overvalued. The current stock price of ₹511.50 is trading 13.5% above its estimated GF Value™ of ₹450.74. GuruFocus considers TVS Electronics to be Modestly Overvalued.

Key valuation signals for NSE:TVSELECT:

  • Interest Coverage: 1.52 (75% below median its 10-year median of 6.15)
  • GF Value™: ₹450.74 vs. price of ₹511.50 (13.5% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 88.9% below the Hardware median (#1630 of 1672)

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


TVS Electronics Business Description

Other Exchanges 532513:India
Address No. 117/1, L.B. Road, Arihant E-Park, 9th Floor, Adyar, Chennai, TN, IND, 600 020
TVS Electronics Ltd is a manufacturer and service provider of Transaction Automation IT Products. The company's operating segments include Products & Solutions; and Customer support services. The company generates maximum revenue from the Products & Solutions segment that designs, manufactures, assembles, markets, sells, and services various transaction automation products like Dot Matrix Printers, Thermal Printers, Label Printers, CCTV Cameras, Mechanical Keyboards, Membrane Keyboards, Mouse, Barcode Scanners, Electronic Cash Registers and Currency Counting Machines. The company provides services for products such as IT products, Telecom, Banking, Retail Automation, Consumer Electronics, and Security Devices.
73GF Score

Get the complete analysis for NSE:TVSELECT

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

₹511.50
Price
₹450.74
GF Value