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Ultramarine & PigmentsNSE:ULTRAMAR +0.35%74 Interest Coverage is 12.33 as of Mar. 2026, which is 71% below its 10-year median of 43.22. GuruFocus rates NSE:ULTRAMAR with a GF Score™ of 74/100 and a GF Value™ of ₹580.27 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,235 Chemicals companies, Ultramarine & Pigments ranks better than 57.98% 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. Ultramarine & Pigments's
Operating Income
for the
three
months ended in Mar. 2026 was ₹187 Mil. Ultramarine & Pigments's Interest Expense for the
three
months ended in Mar. 2026 was ₹-15 Mil.
Ultramarine & Pigments's interest coverage for the quarter that ended in Mar. 2026 was 12.33.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Ultramarine & Pigments's Interest Coverage or its related term are showing as below:
NSE:ULTRAMAR'
s Interest Coverage Range Over the Past 10 Years
Min: 11.08 Med: 43.22 Max: 605.4
Current: 15.78
NSE:ULTRAMAR's Interest Coverage is ranked better than 57.98% of 1235
companies
in the Chemicals industry
Industry Median: 10.26
vs NSE:ULTRAMAR: 15.78
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 .
Ultramarine & Pigments Interest Coverage Related Terms
Ultramarine & Pigments Interest Coverage Historical Data
* Premium members only.
The historical data trend for Ultramarine & Pigments'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.
NSE:ULTRAMAR vs LIN, SHW, ECL: Interest Coverage Comparison
For the Specialty Chemicals subindustry, Ultramarine & Pigments'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.
Ultramarine & Pigments Interest Coverage vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ultramarine & Pigments's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Ultramarine & Pigments's Interest Coverage falls into.
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:
* 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.
Ultramarine & Pigments (NSE:ULTRAMAR) has a Interest Coverage of 12.33 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ultramarine & Pigments and its competitors. This is 71% below median its historical median of 43.22. Over the past decade, Ultramarine & Pigments' Interest Coverage has ranged from 11.08 to 605.40. According to the industry distribution chart, Ultramarine & Pigments ranks #519 out of 1235 companies in the Chemicals industry, placing it in the top 42%.
Is Ultramarine & Pigments' Interest Coverage too high?
Ultramarine & Pigments' current Interest Coverage of 12.33 is 71% below median its 10-year median of 43.22. Over the past 10 years, this metric has ranged from a low of 11.08 to a high of 605.40. The Chemicals industry median Interest Coverage is 10.26. Ultramarine & Pigments' value of 12.33 is 20.2% above this industry median. Based on the distribution chart, Ultramarine & Pigments ranks #519 out of 1235 companies in the Chemicals industry, which is above the industry midpoint. Overall, Ultramarine & Pigments has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ultramarine & Pigments' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ultramarine & Pigments ranks #519 out of 1235 companies for Interest Coverage. This puts Ultramarine & Pigments in the upper half of its industry. The industry median Interest Coverage is 10.26. Ultramarine & Pigments' value of 12.33 is 20.2% above this benchmark. Historically, Ultramarine & Pigments' own Interest Coverage has ranged from 11.08 to 605.40 over the past decade. While the company's 10-year median is 43.22 vs. the industry median of 10.26, Ultramarine & Pigments 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.26, based on 1,235 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. Ultramarine & Pigments's current Interest Coverage of 12.33 is 20.2% 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 Ultramarine & Pigments and its competitors. For the Chemicals industry, the median Interest Coverage is 10.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ultramarine & Pigments's current Interest Coverage is 12.33, which is 71% below median its own 10-year median of 43.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ultramarine & Pigments stock overvalued right now?
Based on GuruFocus' analysis, Ultramarine & Pigments (NSE:ULTRAMAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹580.27, compared to a current price of ₹373.75 — trading 35.6% below its estimated fair value. The current Interest Coverage is 12.33, which is 71% below median its 10-year median of 43.22 and 20.2% above the Chemicals industry median of 10.26. Ultramarine & Pigments' overall GF Score™ is 74/100 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 Ultramarine & Pigments (NSE:ULTRAMAR), the current Interest Coverage is 12.33 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 Ultramarine & Pigments (NSE:ULTRAMAR) Overvalued in 2026?
Based on GuruFocus' analysis, Ultramarine & Pigments stock appears to be undervalued.
The current stock price of ₹373.75 is trading 35.6% below its estimated GF Value™ of ₹580.27.
GuruFocus considers Ultramarine & Pigments to be Significantly Undervalued.
Key valuation signals for NSE:ULTRAMAR:
Interest Coverage: 12.33 (71% below median its 10-year median of 43.22)
GF Value™: ₹580.27 vs. price of ₹373.75 (35.6% below fair value)
Industry Position: 20.2% above the Chemicals median (#519 of 1235)
No single metric tells the full story. See the NSE:ULTRAMAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ultramarine & Pigments Ltd is an Indian company engaged in offering surfactants, pigments, and information technology-enabled services (ITES). The company operates through three segments namely; Chemicals and Allied Products, IT-enabled Services, and Wind Turbine Generator. The organization generates power from a wind turbine. The company generates maximum revenue from Chemicals and Allied Products.
74GF Score
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