Vibhor Steel Tubes (NSE:VSTL) Interest Coverage: 2.37 (As of Mar. 2026) — 12% Below Median


NSE:VSTL Vibhor Steel Tubes Ltd NSE:VSTL
32 GF Score
Price ₹116.37
! 3 Warning Signs
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What is Vibhor Steel Tubes Interest Coverage?

Vibhor Steel Tubes NSE:VSTL -0.44% 32 Interest Coverage is 2.37 as of Mar. 2026, which is 12% below its 10-year median of 2.68. GuruFocus rates NSE:VSTL with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 458 Steel companies, Vibhor Steel Tubes ranks worse than 78.38% 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. Vibhor Steel Tubes's Operating Income for the three months ended in Mar. 2026 was ₹95 Mil. Vibhor Steel Tubes's Interest Expense for the three months ended in Mar. 2026 was ₹-40 Mil. Vibhor Steel Tubes's interest coverage for the quarter that ended in Mar. 2026 was 2.37. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Vibhor Steel Tubes's Interest Coverage or its related term are showing as below:

NSE:VSTL' s Interest Coverage Range Over the Past 10 Years
Min: 1.64   Med: 2.68   Max: 4.23
Current: 1.68


NSE:VSTL's Interest Coverage is ranked worse than
78.38% of 458 companies
in the Steel industry
Industry Median: 4.445 vs NSE:VSTL: 1.68

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


Vibhor Steel Tubes  (NSE:VSTL) 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 .


Vibhor Steel Tubes Interest Coverage Related Terms


Vibhor Steel Tubes Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vibhor Steel Tubes'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.

Vibhor Steel Tubes Interest Coverage Chart

Vibhor Steel Tubes Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 3.59 4.23 3.01 2.34 1.68

Vibhor Steel Tubes Quarterly Data
Mar21 Mar22 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 2.99 2.11 1.40 0.93 2.37

NSE:VSTL vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Vibhor Steel Tubes'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.


Vibhor Steel Tubes Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Vibhor Steel Tubes's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Vibhor Steel Tubes's Interest Coverage falls into.


NSE:VSTL
32GF Score
Vibhor Steel Tubes Ltd NSE:VSTL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Vibhor Steel Tubes 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.

Vibhor Steel Tubes'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, Vibhor Steel Tubes's Interest Expense was ₹-159 Mil. Its Operating Income was ₹267 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹510 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*267.317/-159.388
=1.68

Vibhor Steel Tubes's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Vibhor Steel Tubes's Interest Expense was ₹-40 Mil. Its Operating Income was ₹95 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹510 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*95.381/-40.235
=2.37

* 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 2.37 mean?
Vibhor Steel Tubes (NSE:VSTL) has a Interest Coverage of 2.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vibhor Steel Tubes and its competitors. This is 12% below median its historical median of 2.68. Over the past decade, Vibhor Steel Tubes' Interest Coverage has ranged from 1.64 to 4.23. According to the industry distribution chart, Vibhor Steel Tubes ranks #359 out of 458 companies in the Steel industry, placing it in the top 78.4%.
Is Vibhor Steel Tubes' Interest Coverage too high?
Vibhor Steel Tubes' current Interest Coverage of 2.37 is 12% below median its 10-year median of 2.68. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 4.23. The Steel industry median Interest Coverage is 4.45. Vibhor Steel Tubes' value of 2.37 is 46.7% below this industry median. Based on the distribution chart, Vibhor Steel Tubes ranks #359 out of 458 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vibhor Steel Tubes has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Vibhor Steel Tubes' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Vibhor Steel Tubes ranks #359 out of 458 companies for Interest Coverage. This places Vibhor Steel Tubes in the lower half of its industry. The industry median Interest Coverage is 4.45. Vibhor Steel Tubes' value of 2.37 is 46.7% below this benchmark. Historically, Vibhor Steel Tubes' own Interest Coverage has ranged from 1.64 to 4.23 over the past decade. While the company's 10-year median is 2.68 vs. the industry median of 4.45, Vibhor Steel Tubes 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 458 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. Vibhor Steel Tubes's current Interest Coverage of 2.37 is 46.7% 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 Vibhor Steel Tubes and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vibhor Steel Tubes's current Interest Coverage is 2.37, which is 12% below median its own 10-year median of 2.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vibhor Steel Tubes stock overvalued right now?
Vibhor Steel Tubes (NSE:VSTL) has a current Interest Coverage of 2.37. The current Interest Coverage is 2.37, which is 12% below median its 10-year median of 2.68 and 46.7% below the Steel industry median of 4.45. Vibhor Steel Tubes' overall GF Score™ is 32/100 with 3 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 Vibhor Steel Tubes (NSE:VSTL), the current Interest Coverage is 2.37 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.

Vibhor Steel Tubes Business Description

Other Exchanges 544124:India
Address Delhi Road, Plot No. 2, Industrial Development Colony, Hisar, HR, IND, 125005
Vibhor Steel Tubes Ltd is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, and others.
32GF Score

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