Vadivarhe Speciality Chemicals (NSE:VSCL) Interest Coverage: 3.51 (As of Mar. 2026) — 74% Above Median


NSE:VSCL Vadivarhe Speciality Chemicals Ltd NSE:VSCL
68 GF Score
Price ₹30.30
GF Value ₹42.56
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Vadivarhe Speciality Chemicals Interest Coverage?

Vadivarhe Speciality Chemicals NSE:VSCL +0.33% 68 Interest Coverage is 3.51 as of Mar. 2026, which is 74% above its 10-year median of 2.02. GuruFocus rates NSE:VSCL with a GF Score™ of 68/100 and a GF Value™ of ₹42.56 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 1,234 Chemicals companies, Vadivarhe Speciality Chemicals ranks worse than 74.15% 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. Vadivarhe Speciality Chemicals's Operating Income for the six months ended in Mar. 2026 was ₹21.7 Mil. Vadivarhe Speciality Chemicals's Interest Expense for the six months ended in Mar. 2026 was ₹-6.2 Mil. Vadivarhe Speciality Chemicals's interest coverage for the quarter that ended in Mar. 2026 was 3.51. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Vadivarhe Speciality Chemicals Ltd interest coverage is 3.51, which is low.

The historical rank and industry rank for Vadivarhe Speciality Chemicals's Interest Coverage or its related term are showing as below:

NSE:VSCL' s Interest Coverage Range Over the Past 10 Years
Min: 0.88   Med: 2.02   Max: 12.21
Current: 3.51


NSE:VSCL's Interest Coverage is ranked worse than
74.15% of 1234 companies
in the Chemicals industry
Industry Median: 10.18 vs NSE:VSCL: 3.51

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


Vadivarhe Speciality Chemicals  (NSE:VSCL) 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 .


Vadivarhe Speciality Chemicals Interest Coverage Related Terms


Vadivarhe Speciality Chemicals Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vadivarhe Speciality Chemicals'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.

Vadivarhe Speciality Chemicals Interest Coverage Chart

Vadivarhe Speciality Chemicals 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 0.00 0.88 2.02 0.00 0.00

Vadivarhe Speciality Chemicals Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 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 0.00 7.22 0.00 0.00 3.51

NSE:VSCL vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Vadivarhe Speciality Chemicals'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.


Vadivarhe Speciality Chemicals Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Vadivarhe Speciality Chemicals's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vadivarhe Speciality Chemicals's Interest Coverage falls into.


NSE:VSCL
68GF Score
Vadivarhe Speciality Chemicals Ltd NSE:VSCL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Vadivarhe Speciality Chemicals 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.

Vadivarhe Speciality Chemicals'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, Vadivarhe Speciality Chemicals's Interest Expense was ₹-13.4 Mil. Its Operating Income was ₹-12.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹181.9 Mil.

Vadivarhe Speciality Chemicals did not have earnings to cover the interest expense.

Vadivarhe Speciality Chemicals's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Vadivarhe Speciality Chemicals's Interest Expense was ₹-6.2 Mil. Its Operating Income was ₹21.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹181.9 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*21.676/-6.176
=3.51

* 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 3.51 mean?
Vadivarhe Speciality Chemicals (NSE:VSCL) has a Interest Coverage of 3.51 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vadivarhe Speciality Chemicals and its competitors. This is 74% above median its historical median of 2.02. Over the past decade, Vadivarhe Speciality Chemicals' Interest Coverage has ranged from 0.88 to 12.21. According to the industry distribution chart, Vadivarhe Speciality Chemicals ranks #915 out of 1234 companies in the Chemicals industry, placing it in the top 74.1%.
Is Vadivarhe Speciality Chemicals' Interest Coverage too high?
Vadivarhe Speciality Chemicals' current Interest Coverage of 3.51 is 74% above median its 10-year median of 2.02. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 12.21. The Chemicals industry median Interest Coverage is 10.18. Vadivarhe Speciality Chemicals' value of 3.51 is 65.5% below this industry median. Based on the distribution chart, Vadivarhe Speciality Chemicals ranks #915 out of 1234 companies in the Chemicals industry, which is below the industry midpoint. Overall, Vadivarhe Speciality Chemicals has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vadivarhe Speciality Chemicals' Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Vadivarhe Speciality Chemicals ranks #915 out of 1234 companies for Interest Coverage. This places Vadivarhe Speciality Chemicals in the lower half of its industry. The industry median Interest Coverage is 10.18. Vadivarhe Speciality Chemicals' value of 3.51 is 65.5% below this benchmark. Historically, Vadivarhe Speciality Chemicals' own Interest Coverage has ranged from 0.88 to 12.21 over the past decade. While the company's 10-year median is 2.02 vs. the industry median of 10.18, Vadivarhe Speciality Chemicals 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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. Vadivarhe Speciality Chemicals's current Interest Coverage of 3.51 is 65.5% 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 Vadivarhe Speciality Chemicals and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vadivarhe Speciality Chemicals's current Interest Coverage is 3.51, which is 74% above median its own 10-year median of 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vadivarhe Speciality Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Vadivarhe Speciality Chemicals (NSE:VSCL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹42.56, compared to a current price of ₹30.30 — trading 28.8% below its estimated fair value. The current Interest Coverage is 3.51, which is 74% above median its 10-year median of 2.02 and 65.5% below the Chemicals industry median of 10.18. Vadivarhe Speciality Chemicals' overall GF Score™ is 68/100 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 Vadivarhe Speciality Chemicals (NSE:VSCL), the current Interest Coverage is 3.51 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 Vadivarhe Speciality Chemicals (NSE:VSCL) Overvalued in 2026?

Based on GuruFocus' analysis, Vadivarhe Speciality Chemicals stock appears to be undervalued. The current stock price of ₹30.30 is trading 28.8% below its estimated GF Value™ of ₹42.56. GuruFocus considers Vadivarhe Speciality Chemicals to be Modestly Undervalued.

Key valuation signals for NSE:VSCL:

  • Interest Coverage: 3.51 (74% above median its 10-year median of 2.02)
  • GF Value™: ₹42.56 vs. price of ₹30.30 (28.8% below fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 65.5% below the Chemicals median (#915 of 1234)

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


Vadivarhe Speciality Chemicals Business Description

Address Gat No. 204, Vadivarhe, Igatpuri, Nashik, MH, IND, 422403
Vadivarhe Speciality Chemicals Ltd is engaged in the manufacturing of Organic Chemicals, Intermediates, Active Pharmaceutical Ingredients (APIs), Personal Care Products, and Speciality Chemicals.
68GF Score

Get the complete analysis for NSE:VSCL

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

₹30.30
Price
₹42.56
GF Value