Foseco India

Foseco India Interest Coverage

The Interest Coverage Ratio of Foseco India (FOSECOIND.NS) as of Oct 23, 2026 is 6.01. In the previous year, Interest Coverage Ratio was 9.44 — a change of -36.34% (lower).

Interest Coverage

6.01

YoY

-36.34%

Last updated:

Interest Coverage Ratio of Foseco India is 2024 6.01 . Interest Coverage Ratio of Foseco India was 2023 9.44 . It decreases by -36.34% lower compared to the previous year.

The Foseco India Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
77.48 INR
Jan 1, 2018
16.68 INR
Jan 1, 2019
12.18 INR
Jan 1, 2020
7.51 INR
Jan 1, 2021
8.45 INR
Jan 1, 2022
10.34 INR
Jan 1, 2023
9.44 INR
Jan 1, 2024
6.01 INR
The Foseco India Interest Coverage history
YEARInterest CoverageYoY
6.01-36.34%
9.44-8.71%
10.34+22.48%
8.45+12.44%
7.51-38.32%
12.18-26.98%
16.68-78.47%
77.48+11.51%
69.48-86.95%
532.32+3,088.08%
16.70—

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Foseco India Stock analysis

What does Foseco India do? Foseco India Ltd. manufactures foundry chemicals and fluxes, focusing on metallurgical products and services. The company's product technology includes coating, metal filtration, feeding systems, flow control, metal treatment, and binders. Its solutions reduce casting defects like pinholes, shrinkage cavity, inclusions, scabbing, penetration, or veining. The firm offers insulating and exothermic feeding systems, filters for liquid iron, steel, and aluminum, direct pour technology, solidification simulation software, non-ferrous metal treatment and degassing systems, metal stream inoculation, advanced coatings, environmentally friendly binders, lining systems for ladles and furnaces, and energy saving crucibles. Foundries purchase these products to improve casting quality and efficiency. Foseco India Ltd. serves iron, steel, and non-ferrous foundries through its comprehensive range of foundry consumables and equipment. The company's products are designed to address specific casting challenges, such as reducing defects and enhancing metal treatment processes. Its solutions include computer simulation techniques and specialized equipment like filters, feeding systems, and degassing systems. Foundries in the metallurgical sector are the primary customers, utilizing these products to optimize their production processes and reduce waste. The firm's product portfolio spans from metal treatment systems to advanced coatings and environmentally friendly binders. These offerings are tailored to meet the needs of foundries working with various metals, including iron, steel, and non-ferrous metals. By providing solutions that improve casting outcomes and reduce defects, Foseco India Ltd. helps its customers achieve higher quality and more efficient production. The company's focus on innovation in foundry technology drives its market position in the manufacturing and trading segment. Foseco India is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Foseco India stock

Interest Coverage Ratio of Foseco India is 6.01 in 2024.

Interest Coverage Ratio of Foseco India changed from 9.44 to 6.01, representing a -36.34% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Foseco India 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 Foseco India with sector peers and the industry average to assess whether it is attractive.

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Leverage — Foseco India

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