Vigor Plast India (NSE:VIGOR) Interest Coverage: 4.68 (As of Mar. 2025) — 51% Above Median


NSE:VIGOR Vigor Plast India Ltd NSE:VIGOR
26 GF Score
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What is Vigor Plast India Interest Coverage?

Vigor Plast India NSE:VIGOR -4.96% 26 Interest Coverage is 4.68 as of Mar. 2025, which is 51% above its 10-year median of 3.10. GuruFocus rates NSE:VIGOR with a GF Score™ of 26/100. The stock has 6 warning signs investors should review. Among 1,351 Construction companies, Vigor Plast India ranks worse than 62.69% 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. Vigor Plast India's Operating Income for the six months ended in Mar. 2025 was ₹82.3 Mil. Vigor Plast India's Interest Expense for the six months ended in Mar. 2025 was ₹-17.6 Mil. Vigor Plast India's interest coverage for the quarter that ended in Mar. 2025 was 4.68. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vigor Plast India's Interest Coverage or its related term are showing as below:

NSE:VIGOR' s Interest Coverage Range Over the Past 10 Years
Min: 1.39   Med: 3.1   Max: 5.28
Current: 4.68


NSE:VIGOR's Interest Coverage is ranked worse than
62.69% of 1351 companies
in the Construction industry
Industry Median: 7.81 vs NSE:VIGOR: 4.68

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


Vigor Plast India  (NSE:VIGOR) 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 .


Vigor Plast India Interest Coverage Related Terms


Vigor Plast India Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vigor Plast India'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.

Vigor Plast India Interest Coverage Chart

Vigor Plast India Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Interest Coverage
1.52 1.39 5.28 4.68

Vigor Plast India Semi-Annual Data
Mar22 Mar23 Mar24 Mar25
Interest Coverage 1.52 1.39 5.28 4.68

NSE:VIGOR vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Vigor Plast India'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.


Vigor Plast India Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Vigor Plast India's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vigor Plast India's Interest Coverage falls into.


NSE:VIGOR
26GF Score
Vigor Plast India Ltd NSE:VIGOR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Vigor Plast India 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.

Vigor Plast India's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Vigor Plast India's Interest Expense was ₹-17.6 Mil. Its Operating Income was ₹82.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹95.1 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*82.306/-17.604
=4.68

Vigor Plast India's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Here, for the six months ended in Mar. 2025, Vigor Plast India's Interest Expense was ₹-17.6 Mil. Its Operating Income was ₹82.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹95.1 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*82.306/-17.604
=4.68

* 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 4.68 mean?
Vigor Plast India (NSE:VIGOR) has a Interest Coverage of 4.68 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vigor Plast India and its competitors. This is 51% above median its historical median of 3.10. Over the past decade, Vigor Plast India's Interest Coverage has ranged from 1.39 to 5.28. According to the industry distribution chart, Vigor Plast India ranks #847 out of 1351 companies in the Construction industry, placing it in the top 62.7%.
Is Vigor Plast India's Interest Coverage too high?
Vigor Plast India's current Interest Coverage of 4.68 is 51% above median its 10-year median of 3.10. Over the past 10 years, this metric has ranged from a low of 1.39 to a high of 5.28. The Construction industry median Interest Coverage is 7.81. Vigor Plast India's value of 4.68 is 40.1% below this industry median. Based on the distribution chart, Vigor Plast India ranks #847 out of 1351 companies in the Construction industry, which is below the industry midpoint. Overall, Vigor Plast India has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Vigor Plast India's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Vigor Plast India ranks #847 out of 1351 companies for Interest Coverage. This places Vigor Plast India in the lower half of its industry. The industry median Interest Coverage is 7.81. Vigor Plast India's value of 4.68 is 40.1% below this benchmark. Historically, Vigor Plast India's own Interest Coverage has ranged from 1.39 to 5.28 over the past decade. While the company's 10-year median is 3.10 vs. the industry median of 7.81, Vigor Plast India 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 Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,351 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. Vigor Plast India's current Interest Coverage of 4.68 is 40.1% 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 Vigor Plast India and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vigor Plast India's current Interest Coverage is 4.68, which is 51% above median its own 10-year median of 3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vigor Plast India stock overvalued right now?
Vigor Plast India (NSE:VIGOR) has a current Interest Coverage of 4.68. The current Interest Coverage is 4.68, which is 51% above median its 10-year median of 3.10 and 40.1% below the Construction industry median of 7.81. Vigor Plast India's overall GF Score™ is 26/100 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 Vigor Plast India (NSE:VIGOR), the current Interest Coverage is 4.68 as of Mar. 2025. 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.

Vigor Plast India Business Description

Address Survey No. 640/3, Lalpur Road, Behind Gujarat Gas CNG Pump Godown Zone, Dared, Village: Chela, Jamnagar, GJ, IND, 361 006
Vigor Plast India Ltd is focused on the trading of PVC pipes and fittings. It is engaged in producing Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products. It is a manufacturer and supplier of a comprehensive range of Polyvinyl Chloride (PVC), Unplasticized Polyvinyl Chloride (uPVC), and Chlorinated Polyvinyl Chloride (cPVC) pipes, fittings, and related products for various applications in plumbing, irrigation, and SWR (Soil, Waste, and Rainwater) management. The company caters to both rural and urban markets and provides longlasting solutions for water distribution, wastewater management, and drainage.
26GF Score

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

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