Interest Coverage
How many times over the company's profit can pay its interest bill.
Operating profit divided by interest expense. A coverage of 2.37 means profits are a bit over twice the interest due — there is headroom, but not much.
This is the number that tells you whether debt is actually dangerous. Interest is a fixed obligation: miss it and lenders, not shareholders, start making the decisions.
Operating profit ₹1,240 crore against an interest bill of ₹523 crore → coverage = 2.37 times.
Above 5 — comfortable
2.5 to 5 — manageable, worth watching
Below 2 — little room for a bad year or a rise in rates
Analysis only: Supath AI does not give investment advice. Consult a SEBI-registered financial advisor before making investment decisions.