Vinyas Innovative Technologies (NSE:VINYAS) Interest Coverage: 4.69 (As of Mar. 2026) — 74% Above Median


NSE:VINYAS Vinyas Innovative Technologies Ltd NSE:VINYAS
45 GF Score
Price ₹1,522.25
! 4 Warning Signs
View Full Analysis

What is Vinyas Innovative Technologies Interest Coverage?

Vinyas Innovative Technologies NSE:VINYAS +1.90% 45 Interest Coverage is 4.69 as of Mar. 2026, which is 74% above its 10-year median of 2.70. GuruFocus rates NSE:VINYAS with a GF Score™ of 45/100. The stock has 4 warning signs investors should review. Among 2,325 Industrial Products companies, Vinyas Innovative Technologies ranks worse than 80.6% 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. Vinyas Innovative Technologies's Operating Income for the six months ended in Mar. 2026 was ₹360 Mil. Vinyas Innovative Technologies's Interest Expense for the six months ended in Mar. 2026 was ₹-77 Mil. Vinyas Innovative Technologies's interest coverage for the quarter that ended in Mar. 2026 was 4.69. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vinyas Innovative Technologies's Interest Coverage or its related term are showing as below:

NSE:VINYAS' s Interest Coverage Range Over the Past 10 Years
Min: 1.12   Med: 2.7   Max: 4.13
Current: 3.47


NSE:VINYAS's Interest Coverage is ranked worse than
80.6% of 2325 companies
in the Industrial Products industry
Industry Median: 14.87 vs NSE:VINYAS: 3.47

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


Vinyas Innovative Technologies  (NSE:VINYAS) 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 .


Vinyas Innovative Technologies Interest Coverage Related Terms


Vinyas Innovative Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vinyas Innovative Technologies'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.

Vinyas Innovative Technologies Interest Coverage Chart

Vinyas Innovative Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 1.15 2.29 3.10 4.13 3.47

Vinyas Innovative Technologies Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 6.17 2.15 9.72 2.28 4.69

NSE:VINYAS vs VRT, BE: Interest Coverage Comparison

For the Electrical Equipment & Parts subindustry, Vinyas Innovative Technologies'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.


Vinyas Innovative Technologies Interest Coverage vs Industrial Products Industry

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

* The bar in red indicates where Vinyas Innovative Technologies's Interest Coverage falls into.


NSE:VINYAS
45GF Score
Vinyas Innovative Technologies Ltd NSE:VINYAS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vinyas Innovative Technologies 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.

Vinyas Innovative Technologies'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, Vinyas Innovative Technologies's Interest Expense was ₹-156 Mil. Its Operating Income was ₹541 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹79 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*540.615/-155.916
=3.47

Vinyas Innovative Technologies's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Vinyas Innovative Technologies's Interest Expense was ₹-77 Mil. Its Operating Income was ₹360 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹79 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*360.102/-76.768
=4.69

* 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 4.69 mean?
Vinyas Innovative Technologies (NSE:VINYAS) has a Interest Coverage of 4.69 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vinyas Innovative Technologies and its competitors. This is 74% above median its historical median of 2.70. Over the past decade, Vinyas Innovative Technologies' Interest Coverage has ranged from 1.12 to 4.13. According to the industry distribution chart, Vinyas Innovative Technologies ranks #1874 out of 2325 companies in the Industrial Products industry, placing it in the top 80.6%.
Is Vinyas Innovative Technologies' Interest Coverage too high?
Vinyas Innovative Technologies' current Interest Coverage of 4.69 is 74% above median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 1.12 to a high of 4.13. The Industrial Products industry median Interest Coverage is 14.87. Vinyas Innovative Technologies' value of 4.69 is 68.5% below this industry median. Based on the distribution chart, Vinyas Innovative Technologies ranks #1874 out of 2325 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Vinyas Innovative Technologies has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Vinyas Innovative Technologies' Interest Coverage compare to VRT and BE?
According to the Industrial Products industry distribution chart, Vinyas Innovative Technologies ranks #1874 out of 2325 companies for Interest Coverage. This places Vinyas Innovative Technologies in the lower half of its industry. The industry median Interest Coverage is 14.87. Vinyas Innovative Technologies' value of 4.69 is 68.5% below this benchmark. Historically, Vinyas Innovative Technologies' own Interest Coverage has ranged from 1.12 to 4.13 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 14.87, Vinyas Innovative Technologies 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 14.87, based on 2,325 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. Vinyas Innovative Technologies's current Interest Coverage of 4.69 is 68.5% 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 Vinyas Innovative Technologies and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinyas Innovative Technologies's current Interest Coverage is 4.69, which is 74% above median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinyas Innovative Technologies stock overvalued right now?
Vinyas Innovative Technologies (NSE:VINYAS) has a current Interest Coverage of 4.69. The current Interest Coverage is 4.69, which is 74% above median its 10-year median of 2.70 and 68.5% below the Industrial Products industry median of 14.87. Vinyas Innovative Technologies' overall GF Score™ is 45/100 with 4 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 Vinyas Innovative Technologies (NSE:VINYAS), the current Interest Coverage is 4.69 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.

Vinyas Innovative Technologies Business Description

Address Plot No. 19, Survey No. 26 & 273-P, 3rd Phase, Koorgalli Industrial Area, Ilawala Hobali, Mysore, KA, IND, 570018
Vinyas Innovative Technologies Ltd is a provider of design, engineering, and electronics manufacturing services catering to Original Equipment Manufacturers and Original Design Manufacturers in the Electronic Industry. As an integrated electronic manufacturing services provider, the Company offers a broad varieties of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state of the art infrastructure, Vinyas supports its partners from conceptualizing the design, engineering, and manufacturing to turnkey requirements for mission-critical applications.
45GF Score

Get the complete analysis for NSE:VINYAS

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

₹1,522.25
Price