Zeal Global Services (NSE:ZEAL) Interest Coverage: 7.18 (As of Mar. 2026) — 55% Below Median


NSE:ZEAL Zeal Global Services Ltd NSE:ZEAL
57 GF Score
Price ₹64.65
GF Value ₹198.41
Valuation Possible Value Trap
! 7 Warning Signs
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What is Zeal Global Services Interest Coverage?

Zeal Global Services NSE:ZEAL -0.54% 57 Interest Coverage is 7.18 as of Mar. 2026, which is 55% below its 10-year median of 16.09. GuruFocus rates NSE:ZEAL with a GF Score™ of 57/100 and a GF Value™ of ₹198.41 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 838 Transportation companies, Zeal Global Services ranks better than 52.63% 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. Zeal Global Services's Operating Income for the six months ended in Mar. 2026 was ₹80 Mil. Zeal Global Services's Interest Expense for the six months ended in Mar. 2026 was ₹-11 Mil. Zeal Global Services's interest coverage for the quarter that ended in Mar. 2026 was 7.18. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Zeal Global Services's Interest Coverage or its related term are showing as below:

NSE:ZEAL' s Interest Coverage Range Over the Past 10 Years
Min: 6.14   Med: 16.09   Max: 109.02
Current: 6.14


NSE:ZEAL's Interest Coverage is ranked better than
52.63% of 838 companies
in the Transportation industry
Industry Median: 5.67 vs NSE:ZEAL: 6.14

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


Zeal Global Services  (NSE:ZEAL) 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 .


Zeal Global Services Interest Coverage Related Terms


Zeal Global Services Interest Coverage Historical Data

* Premium members only.

The historical data trend for Zeal Global Services'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.

Zeal Global Services Interest Coverage Chart

Zeal Global Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 109.02 14.02 8.71 16.09 6.14

Zeal Global Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 16.03 54.23 7.58 4.94 7.18

NSE:ZEAL vs UPS, FDX, JBHT: Interest Coverage Comparison

For the Integrated Freight & Logistics subindustry, Zeal Global Services'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.


Zeal Global Services Interest Coverage vs Transportation Industry

For the Transportation industry and Industrials sector, Zeal Global Services's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Zeal Global Services's Interest Coverage falls into.


NSE:ZEAL
57GF Score
Zeal Global Services Ltd NSE:ZEAL
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zeal Global Services 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.

Zeal Global Services'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, Zeal Global Services's Interest Expense was ₹-21 Mil. Its Operating Income was ₹128 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*128.262/-20.886
=6.14

Zeal Global Services's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Zeal Global Services's Interest Expense was ₹-11 Mil. Its Operating Income was ₹80 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*80.182/-11.162
=7.18

* 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 7.18 mean?
Zeal Global Services (NSE:ZEAL) has a Interest Coverage of 7.18 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Zeal Global Services and its competitors. This is 55% below median its historical median of 16.09. Over the past decade, Zeal Global Services' Interest Coverage has ranged from 6.14 to 109.02. According to the industry distribution chart, Zeal Global Services ranks #397 out of 838 companies in the Transportation industry, placing it in the top 47.4%.
Is Zeal Global Services' Interest Coverage too high?
Zeal Global Services' current Interest Coverage of 7.18 is 55% below median its 10-year median of 16.09. Over the past 10 years, this metric has ranged from a low of 6.14 to a high of 109.02. The Transportation industry median Interest Coverage is 5.67. Zeal Global Services' value of 7.18 is 26.6% above this industry median. Based on the distribution chart, Zeal Global Services ranks #397 out of 838 companies in the Transportation industry, which is above the industry midpoint. Overall, Zeal Global Services has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Zeal Global Services' Interest Coverage compare to UPS and FDX?
According to the Transportation industry distribution chart, Zeal Global Services ranks #397 out of 838 companies for Interest Coverage. This puts Zeal Global Services in the upper half of its industry. The industry median Interest Coverage is 5.67. Zeal Global Services' value of 7.18 is 26.6% above this benchmark. Historically, Zeal Global Services' own Interest Coverage has ranged from 6.14 to 109.02 over the past decade. While the company's 10-year median is 16.09 vs. the industry median of 5.67, Zeal Global Services has consistently been above 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 Transportation company?
The median Interest Coverage among Transportation companies is 5.67, based on 838 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. Zeal Global Services's current Interest Coverage of 7.18 is 26.6% above 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 Zeal Global Services and its competitors. For the Transportation industry, the median Interest Coverage is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zeal Global Services's current Interest Coverage is 7.18, which is 55% below median its own 10-year median of 16.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zeal Global Services stock overvalued right now?
Based on GuruFocus' analysis, Zeal Global Services (NSE:ZEAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹198.41, compared to a current price of ₹64.65 — trading 67.4% below its estimated fair value. The current Interest Coverage is 7.18, which is 55% below median its 10-year median of 16.09 and 26.6% above the Transportation industry median of 5.67. Zeal Global Services' overall GF Score™ is 57/100 with 7 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 Zeal Global Services (NSE:ZEAL), the current Interest Coverage is 7.18 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 Zeal Global Services (NSE:ZEAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zeal Global Services stock appears to be undervalued. The current stock price of ₹64.65 is trading 67.4% below its estimated GF Value™ of ₹198.41. GuruFocus considers Zeal Global Services to be Possible Value Trap.

Key valuation signals for NSE:ZEAL:

  • Interest Coverage: 7.18 (55% below median its 10-year median of 16.09)
  • GF Value™: ₹198.41 vs. price of ₹64.65 (67.4% below fair value)
  • GF Score™: 57/100 with 7 warning signs
  • Industry Position: 26.6% above the Transportation median (#397 of 838)

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


Zeal Global Services Business Description

Address Street No. 6, A - 261/262, Third Floor, Mahipalpur Extension, New Delhi, IND, 110037
Zeal Global Services Ltd is engaged in the business of providing logistics solutions in the Air Cargo Industry. It has been operating as General Sales and Service Agent (GSSA) and sales partner for airlines in the region. The Company realizes that clients have specific requirements with regard to their shipments. Its approach is to bring economical solutions to its client's freighting needs through - excessive aircraft, load and destination compatibility analysis to suit the ever-changing needs of various industries such as fashion, pharmaceuticals, automotive and industrials. The company has one segment Air Cargo Service.
57GF Score

Get the complete analysis for NSE:ZEAL

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

₹64.65
Price
₹198.41
GF Value