Cranex

Cranex Interest Coverage

The Interest Coverage Ratio of Cranex (522001.BO) as of Nov 11, 2026 is 3.26. In the previous year, Interest Coverage Ratio was 2.50 — a change of 30.24% (higher).

Interest Coverage

3.26

YoY

30.24%

Last updated:

Interest Coverage Ratio of Cranex is 2025 3.26 . Interest Coverage Ratio of Cranex was 2024 2.50 . It decreases by 30.24% higher compared to the previous year.

The Cranex Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
1.00 INR
Jan 1, 2019
1.42 INR
Jan 1, 2020
1.45 INR
Jan 1, 2021
3.68 INR
Jan 1, 2022
1.52 INR
Jan 1, 2023
2.23 INR
Jan 1, 2024
2.50 INR
Jan 1, 2025
3.26 INR
The Cranex Interest Coverage history
YEARInterest CoverageYoY
3.26+30.24%
2.50+12.42%
2.23+46.74%
1.52-58.78%
3.68+154.42%
1.45+2.14%
1.42+42.32%
1.00—

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Cranex Stock analysis

What does Cranex do? Cranex Ltd. manufactures electronic overhead traveling cranes (EOT) and gantry cranes, providing services such as reconditioning, AMC, renovation, and modernization of existing cranes. The company supplies single girder EOT cranes, double girder cranes, jib cranes, traversers, and EU rakes to government and private sector industries. Its elevators include machine room elevators, machine room less elevators, panoramic elevators, freight elevators, car elevators, and hospital elevators. Cranex Ltd. operates a 4,200 square meter manufacturing facility in Sahibabad Industrial Area, 14 kilometers from New Delhi, serving clients across various sectors. The firm generates revenue through the sale of EOT cranes, gantry cranes, and related elevator systems. Government and private sector industries purchase these products for industrial applications, including manufacturing and logistics. After-sales maintenance services, such as reconditioning and AMC, contribute to recurring income streams. Cranex Ltd. focuses on providing comprehensive solutions for crane and elevator needs, targeting sectors requiring heavy machinery and vertical transportation. Cranex Ltd. offers a range of products including single girder EOT cranes, double girder cranes, jib cranes, traversers, EU rakes, and specialized elevators. These are sold to government and private sector industries, with the company emphasizing after-sales services to maintain customer relationships. The manufacturing facility in Sahibabad supports the production of all these offerings, ensuring quality and timely delivery for clients in industrial and commercial settings. Cranex is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Cranex stock

Interest Coverage Ratio of Cranex is 3.26 in 2025.

Interest Coverage Ratio of Cranex changed from 2.50 to 3.26, representing a 30.24% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Cranex since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Cranex with sector peers and the industry average to assess whether it is attractive.

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