Shree Ajit Pulp and Paper

Shree Ajit Pulp and Paper Interest Coverage

The Interest Coverage Ratio of Shree Ajit Pulp and Paper (538795.BO) as of Oct 18, 2026 is 1.62. In the previous year, Interest Coverage Ratio was 16.38 — a change of -90.09% (lower).

Interest Coverage

1.62

YoY

-90.09%

Last updated:

Interest Coverage Ratio of Shree Ajit Pulp and Paper is 2025 1.62 . Interest Coverage Ratio of Shree Ajit Pulp and Paper was 2024 16.38 . It decreases by -90.09% lower compared to the previous year.

The Shree Ajit Pulp and Paper Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
3.16 INR
Jan 1, 2019
12.54 INR
Jan 1, 2020
13.14 INR
Jan 1, 2021
13.99 INR
Jan 1, 2022
7.49 INR
Jan 1, 2023
4.80 INR
Jan 1, 2024
16.38 INR
Jan 1, 2025
1.62 INR
The Shree Ajit Pulp and Paper Interest Coverage history
YEARInterest CoverageYoY
1.62-90.09%
16.38+240.95%
4.80-35.83%
7.49-46.47%
13.99+6.42%
13.14+4.77%
12.54+297.42%
3.16-16.68%
3.79-26.02%
5.12+64.81%
3.11-48.55%
6.04—

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Shree Ajit Pulp and Paper Stock analysis

What does Shree Ajit Pulp and Paper do? Shree Ajit Pulp and Paper Ltd operates in the materials sector, specifically within the paper and forest industry. Headquartered in Vapi, Gujarat, India, the company manufactures kraft paper, primarily for corrugated boxes, duplex cartons, and e-flute packaging. Its product range includes Multilayer Testliner and Testliner Paper, available in Natural and Golden shades with weights from 80 to 300 GSM. The firm runs a manufacturing unit in Morai, Vapi, and utilizes two windmills in Gujarat with a capacity of approximately 2.75 MW. Shree Samrudhi Industrial Papers Private Limited serves as its subsidiary. The company employs 274 full-time staff and has been listed on the stock exchange since 3 October 1996. Shree Ajit Pulp and Paper is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Shree Ajit Pulp and Paper stock

Interest Coverage Ratio of Shree Ajit Pulp and Paper is 1.62 in 2025.

Interest Coverage Ratio of Shree Ajit Pulp and Paper changed from 16.38 to 1.62, representing a -90.09% change. The value is lower than the previous year.

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

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Leverage — Shree Ajit Pulp and Paper

All Key Metrics — Shree Ajit Pulp and Paper