Machhar Industries

Machhar Industries Interest Coverage

Delisted·Sep 16, 2026

The Interest Coverage Ratio of Machhar Industries (543934.BO) as of Oct 31, 2026 is 1.11. In the previous year, Interest Coverage Ratio was 31.80 — a change of -96.50% (lower).

Interest Coverage

1.11

YoY

-96.50%

Last updated:

Interest Coverage Ratio of Machhar Industries is 2025 1.11 . Interest Coverage Ratio of Machhar Industries was 2024 31.80 . It decreases by -96.50% lower compared to the previous year.

The Machhar Industries Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2023
1.83 INR
Jan 1, 2024
31.80 INR
Jan 1, 2025
1.11 INR
The Machhar Industries Interest Coverage history
YEARInterest CoverageYoY
1.11-96.50%
31.80+1,636.07%
1.83—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Machhar Industries Stock analysis

What does Machhar Industries do? Machhar Industries Ltd manufactures and distributes chemicals, operating through a chemical division and an automotive division. The chemical division produces ammonium nitrate for industrial explosives, with manufacturing at GIDC industrial area, Panoli, near Ankleshwar, Gujarat. The automotive division focuses on AdBlue, a diesel exhaust fluid sold under the brand YUNI BLUE, which reduces nitrogen oxide emissions by converting them into nitrogen gas and water vapor. The company serves domestic and overseas markets with these products. Machhar Industries Ltd sells ammonium nitrate for explosives manufacturing, targeting industrial clients in the explosives sector. The automotive division supplies YUNI BLUE to customers requiring diesel emission control solutions, primarily in the domestic and overseas markets. The company's products are distributed through its own channels without mentioning specific partners or third parties. The firm's revenue streams come from the chemical division's ammonium nitrate sales and the automotive division's AdBlue distribution. The explosive segment relies on industrial clients using ammonium nitrate as a raw material, while YUNI BLUE targets automotive and environmental compliance markets. Both divisions operate within India and internationally, with no additional details on market share or specific customer names provided. Machhar Industries is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Machhar Industries stock

Interest Coverage Ratio of Machhar Industries is 1.11 in 2025.

Interest Coverage Ratio of Machhar Industries changed from 31.80 to 1.11, representing a -96.50% change. The value is lower than the previous year.

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

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Leverage — Machhar Industries

All Key Metrics — Machhar Industries