Universal Cables (NSE:UNIVCABLES) Interest Coverage: 1.78 (As of Mar. 2026) — Near Median


NSE:UNIVCABLES Universal Cables Ltd NSE:UNIVCABLES
83 GF Score
Price ₹1,110.00
GF Value ₹843.58
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Universal Cables Interest Coverage?

Universal Cables NSE:UNIVCABLES -2.73% 83 Interest Coverage is 1.78 as of Mar. 2026, which is 1% below its 10-year median of 1.79. GuruFocus rates NSE:UNIVCABLES with a GF Score™ of 83/100 and a GF Value™ of ₹843.58 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,322 Industrial Products companies, Universal Cables ranks worse than 90.18% 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. Universal Cables's Operating Income for the three months ended in Mar. 2026 was ₹579 Mil. Universal Cables's Interest Expense for the three months ended in Mar. 2026 was ₹-325 Mil. Universal Cables's interest coverage for the quarter that ended in Mar. 2026 was 1.78. The higher the ratio, the stronger the company's financial strength is.

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

NSE:UNIVCABLES' s Interest Coverage Range Over the Past 10 Years
Min: 1.16   Med: 1.79   Max: 2.88
Current: 1.93


NSE:UNIVCABLES's Interest Coverage is ranked worse than
90.18% of 2322 companies
in the Industrial Products industry
Industry Median: 14.775 vs NSE:UNIVCABLES: 1.93

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


Universal Cables  (NSE:UNIVCABLES) 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 .


Universal Cables Interest Coverage Related Terms


Universal Cables Interest Coverage Historical Data

* Premium members only.

The historical data trend for Universal Cables'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.

Universal Cables Interest Coverage Chart

Universal Cables 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 1.54 1.90 1.67 1.41 1.93

Universal Cables 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 2.15 2.03 2.40 1.59 1.78

NSE:UNIVCABLES vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Universal Cables'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.


Universal Cables Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Universal Cables's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Universal Cables's Interest Coverage falls into.


NSE:UNIVCABLES
83GF Score
Universal Cables Ltd NSE:UNIVCABLES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Universal Cables 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.

Universal Cables'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, Universal Cables's Interest Expense was ₹-1,149 Mil. Its Operating Income was ₹2,213 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,649 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2212.987/-1148.952
=1.93

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

Here, for the three months ended in Mar. 2026, Universal Cables's Interest Expense was ₹-325 Mil. Its Operating Income was ₹579 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4,649 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*579.129/-324.854
=1.78

* 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 1.78 mean?
Universal Cables (NSE:UNIVCABLES) has a Interest Coverage of 1.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Universal Cables and its competitors. This is near median its historical median of 1.79. Over the past decade, Universal Cables' Interest Coverage has ranged from 1.16 to 2.88. According to the industry distribution chart, Universal Cables ranks #2094 out of 2322 companies in the Industrial Products industry, placing it in the top 90.2%.
Is Universal Cables' Interest Coverage too high?
Universal Cables' current Interest Coverage of 1.78 is near median its 10-year median of 1.79. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 2.88. The Industrial Products industry median Interest Coverage is 14.78. Universal Cables' value of 1.78 is 88% below this industry median. Based on the distribution chart, Universal Cables ranks #2094 out of 2322 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Universal Cables has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Universal Cables' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Universal Cables ranks #2094 out of 2322 companies for Interest Coverage. This places Universal Cables in the lower half of its industry. The industry median Interest Coverage is 14.78. Universal Cables' value of 1.78 is 88% below this benchmark. Historically, Universal Cables' own Interest Coverage has ranged from 1.16 to 2.88 over the past decade. While the company's 10-year median is 1.79 vs. the industry median of 14.78, Universal Cables 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.78, based on 2,322 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. Universal Cables's current Interest Coverage of 1.78 is 88% 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 Universal Cables and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Universal Cables's current Interest Coverage is 1.78, which is near median its own 10-year median of 1.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Cables stock overvalued right now?
Based on GuruFocus' analysis, Universal Cables (NSE:UNIVCABLES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹843.58, compared to a current price of ₹1,110.00 — trading 31.6% above its estimated fair value. The current Interest Coverage is 1.78, which is near median its 10-year median of 1.79 and 88% below the Industrial Products industry median of 14.78. Universal Cables' overall GF Score™ is 83/100 with 7 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 Universal Cables (NSE:UNIVCABLES), the current Interest Coverage is 1.78 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 Universal Cables (NSE:UNIVCABLES) Overvalued in 2026?

Based on GuruFocus' analysis, Universal Cables stock appears to be overvalued. The current stock price of ₹1,110.00 is trading 31.6% above its estimated GF Value™ of ₹843.58. GuruFocus considers Universal Cables to be Significantly Overvalued.

Key valuation signals for NSE:UNIVCABLES:

  • Interest Coverage: 1.78 (near median its 10-year median of 1.79)
  • GF Value™: ₹843.58 vs. price of ₹1,110.00 (31.6% above fair value)
  • GF Score™: 83/100 with 7 warning signs
  • Industry Position: 88% below the Industrial Products median (#2094 of 2322)

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


Universal Cables Business Description

Other Exchanges 504212:India
Address P.O. Birla Vikas, Satna, MP, IND, 485005
Universal Cables Ltd is an Indian based firm. The company is mainly engaged in manufacturing, and sales of electrical and other cables, capacitors, conductors, and related products. Its product portfolio comprises of extra-high voltage, medium-low voltage power and control cables, and low-high tension capacitors. The company is organized into one segment that is Electrical and other Cables, Capacitors, Wires, and Conductors.
83GF Score

Get the complete analysis for NSE:UNIVCABLES

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

₹1,110.00
Price
₹843.58
GF Value