Z-Tech (India) (NSE:ZTECH) Interest Coverage: 12.30 (As of Mar. 2026) — 76% Below Median


NSE:ZTECH Z-Tech (India) Ltd NSE:ZTECH
47 GF Score
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What is Z-Tech (India) Interest Coverage?

Z-Tech (India) NSE:ZTECH +1.05% 47 Interest Coverage is 12.30 as of Mar. 2026, which is 76% below its 10-year median of 52.26. GuruFocus rates NSE:ZTECH with a GF Score™ of 47/100. The stock has 7 warning signs investors should review. Among 1,505 Consumer Packaged Goods companies, Z-Tech (India) ranks better than 62.92% 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. Z-Tech (India)'s Operating Income for the three months ended in Mar. 2026 was ₹182 Mil. Z-Tech (India)'s Interest Expense for the three months ended in Mar. 2026 was ₹-15 Mil. Z-Tech (India)'s interest coverage for the quarter that ended in Mar. 2026 was 12.30. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Z-Tech (India)'s Interest Coverage or its related term are showing as below:

NSE:ZTECH' s Interest Coverage Range Over the Past 10 Years
Min: 13.02   Med: 52.26   Max: 301.67
Current: 18.37


NSE:ZTECH's Interest Coverage is ranked better than
62.92% of 1505 companies
in the Consumer Packaged Goods industry
Industry Median: 8.57 vs NSE:ZTECH: 18.37

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


Z-Tech (India)  (NSE:ZTECH) 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 .


Z-Tech (India) Interest Coverage Related Terms


Z-Tech (India) Interest Coverage Historical Data

* Premium members only.

The historical data trend for Z-Tech (India)'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.

Z-Tech (India) Interest Coverage Chart

Z-Tech (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 62.28 42.24 79.91 301.67 21.80

Z-Tech (India) Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 343.73 304.01 424.00 89.85 12.30

NSE:ZTECH vs PG, CL, KVUE: Interest Coverage Comparison

For the Household & Personal Products subindustry, Z-Tech (India)'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.


Z-Tech (India) Interest Coverage vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Z-Tech (India)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Z-Tech (India)'s Interest Coverage falls into.


NSE:ZTECH
47GF Score
Z-Tech (India) Ltd NSE:ZTECH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Z-Tech (India) 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.

Z-Tech (India)'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, Z-Tech (India)'s Interest Expense was ₹-19 Mil. Its Operating Income was ₹410 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹271 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*409.9/-18.8
=21.80

Z-Tech (India)'s Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Z-Tech (India)'s Interest Expense was ₹-15 Mil. Its Operating Income was ₹182 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹271 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*182.1/-14.8
=12.30

* 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 12.30 mean?
Z-Tech (India) (NSE:ZTECH) has a Interest Coverage of 12.30 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Z-Tech (India) and its competitors. This is 76% below median its historical median of 52.26. Over the past decade, Z-Tech (India)'s Interest Coverage has ranged from 13.02 to 301.67. According to the industry distribution chart, Z-Tech (India) ranks #558 out of 1505 companies in the Consumer Packaged Goods industry, placing it in the top 37.1%.
Is Z-Tech (India)'s Interest Coverage too high?
Z-Tech (India)'s current Interest Coverage of 12.30 is 76% below median its 10-year median of 52.26. Over the past 10 years, this metric has ranged from a low of 13.02 to a high of 301.67. The Consumer Packaged Goods industry median Interest Coverage is 8.57. Z-Tech (India)'s value of 12.30 is 43.5% above this industry median. Based on the distribution chart, Z-Tech (India) ranks #558 out of 1505 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Z-Tech (India) has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Z-Tech (India)'s Interest Coverage compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Z-Tech (India) ranks #558 out of 1505 companies for Interest Coverage. This puts Z-Tech (India) in the upper half of its industry. The industry median Interest Coverage is 8.57. Z-Tech (India)'s value of 12.30 is 43.5% above this benchmark. Historically, Z-Tech (India)'s own Interest Coverage has ranged from 13.02 to 301.67 over the past decade. While the company's 10-year median is 52.26 vs. the industry median of 8.57, Z-Tech (India) 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 Consumer Packaged Goods company?
The median Interest Coverage among Consumer Packaged Goods companies is 8.57, based on 1,505 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. Z-Tech (India)'s current Interest Coverage of 12.30 is 43.5% 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 Z-Tech (India) and its competitors. For the Consumer Packaged Goods industry, the median Interest Coverage is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Z-Tech (India)'s current Interest Coverage is 12.30, which is 76% below median its own 10-year median of 52.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Z-Tech (India) stock overvalued right now?
Z-Tech (India) (NSE:ZTECH) has a current Interest Coverage of 12.30. The current Interest Coverage is 12.30, which is 76% below median its 10-year median of 52.26 and 43.5% above the Consumer Packaged Goods industry median of 8.57. Z-Tech (India)'s overall GF Score™ is 47/100 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 Z-Tech (India) (NSE:ZTECH), the current Interest Coverage is 12.30 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.

Z-Tech (India) Business Description

Address Plot 140, Khasra No. 249, Mangla Puri, Gadaipur, South-West Delhi, New Delhi, IND, 110030
Z-Tech (India) Ltd is engaged in designing civil engineering products and services with a state of the art specialty in Geo-technical Specialised Solutions in the field of infrastructure and civil construction projects in India. The company is engaged in providing innovative, safe and eco-friendly engineering solutions. These solutions include three categories: Sustainable Theme Park Development, Industrial Waste Water Management and Geo Technical Specialised Solutions. Its business segments include trading of Circular Knitting Needle & other items except solar related items and Manufacturing, trading and application of Solar Panel etc. Key revenue is generated from Circular Knitting Needle & other items except solar related items.
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