VL Infraprojects (NSE:VLINFRA) Interest Coverage: 3.65 (As of Mar. 2026) — Near Median


NSE:VLINFRA VL Infraprojects Ltd NSE:VLINFRA
46 GF Score
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! 8 Warning Signs
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What is VL Infraprojects Interest Coverage?

VL Infraprojects NSE:VLINFRA -2.16% 46 Interest Coverage is 3.65 as of Mar. 2026, which is 2% above its 10-year median of 3.57. GuruFocus rates NSE:VLINFRA with a GF Score™ of 46/100. The stock has 8 warning signs investors should review. Among 1,351 Construction companies, VL Infraprojects ranks worse than 69.06% 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. VL Infraprojects's Operating Income for the six months ended in Mar. 2026 was ₹82.4 Mil. VL Infraprojects's Interest Expense for the six months ended in Mar. 2026 was ₹-22.6 Mil. VL Infraprojects's interest coverage for the quarter that ended in Mar. 2026 was 3.65. The higher the ratio, the stronger the company's financial strength is.

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

NSE:VLINFRA' s Interest Coverage Range Over the Past 10 Years
Min: 2.12   Med: 3.57   Max: 6.06
Current: 3.65


NSE:VLINFRA's Interest Coverage is ranked worse than
69.06% of 1351 companies
in the Construction industry
Industry Median: 7.81 vs NSE:VLINFRA: 3.65

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


VL Infraprojects  (NSE:VLINFRA) 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 .


VL Infraprojects Interest Coverage Related Terms


VL Infraprojects Interest Coverage Historical Data

* Premium members only.

The historical data trend for VL Infraprojects'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.

VL Infraprojects Interest Coverage Chart

VL Infraprojects Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 2.57 3.51 6.06 4.79 3.63

VL Infraprojects Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Mar25 Mar26
Interest Coverage Get a 7-Day Free Trial N/A 7.30 5.17 4.41 3.65

NSE:VLINFRA vs PWR, FIX, EME: Interest Coverage Comparison

For the Engineering & Construction subindustry, VL Infraprojects'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.


VL Infraprojects Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, VL Infraprojects's Interest Coverage distribution charts can be found below:

* The bar in red indicates where VL Infraprojects's Interest Coverage falls into.


NSE:VLINFRA
46GF Score
VL Infraprojects Ltd NSE:VLINFRA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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VL Infraprojects 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.

VL Infraprojects'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, VL Infraprojects's Interest Expense was ₹-42.7 Mil. Its Operating Income was ₹154.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹16.6 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*154.837/-42.68
=3.63

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

Here, for the six months ended in Mar. 2026, VL Infraprojects's Interest Expense was ₹-22.6 Mil. Its Operating Income was ₹82.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹16.6 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*82.401/-22.6
=3.65

* 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 3.65 mean?
VL Infraprojects (NSE:VLINFRA) has a Interest Coverage of 3.65 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on VL Infraprojects and its competitors. This is near median its historical median of 3.57. Over the past decade, VL Infraprojects' Interest Coverage has ranged from 2.12 to 6.06. According to the industry distribution chart, VL Infraprojects ranks #933 out of 1351 companies in the Construction industry, placing it in the top 69.1%.
Is VL Infraprojects' Interest Coverage too high?
VL Infraprojects' current Interest Coverage of 3.65 is near median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 6.06. The Construction industry median Interest Coverage is 7.81. VL Infraprojects' value of 3.65 is 53.3% below this industry median. Based on the distribution chart, VL Infraprojects ranks #933 out of 1351 companies in the Construction industry, which is below the industry midpoint. Overall, VL Infraprojects has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does VL Infraprojects' Interest Coverage compare to PWR and FIX?
According to the Construction industry distribution chart, VL Infraprojects ranks #933 out of 1351 companies for Interest Coverage. This places VL Infraprojects in the lower half of its industry. The industry median Interest Coverage is 7.81. VL Infraprojects' value of 3.65 is 53.3% below this benchmark. Historically, VL Infraprojects' own Interest Coverage has ranged from 2.12 to 6.06 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 7.81, VL Infraprojects 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. VL Infraprojects's current Interest Coverage of 3.65 is 53.3% 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 VL Infraprojects 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. VL Infraprojects's current Interest Coverage is 3.65, which is near median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VL Infraprojects stock overvalued right now?
VL Infraprojects (NSE:VLINFRA) has a current Interest Coverage of 3.65. The current Interest Coverage is 3.65, which is near median its 10-year median of 3.57 and 53.3% below the Construction industry median of 7.81. VL Infraprojects' overall GF Score™ is 46/100 with 8 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 VL Infraprojects (NSE:VLINFRA), the current Interest Coverage is 3.65 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.

VL Infraprojects Business Description

Address Central Park, Phase -II, Plot No 122, Survey No 218/4 and 218/5, Kondapur, Hyderabad, TG, IND, 500084
VL Infraprojects Ltd is engaged in construction, laying, and commissioning contracts in infrastructure projects like irrigation and water supply. It operates through two key verticals, contracting and services. This includes procurement, laying, joining, and commissioning of pipelines, supported by civil works, pumping stations, and installation of electro-mechanical equipment for water distribution from the source to the household. The company also undertakes operations and maintenance services for water distribution networks. Its segments include water pipeline construction with O&M, irrigation projects, road construction, building construction, and product sales of construction materials, with the majority of revenue coming from water pipeline construction, including O&M.
46GF 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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