Katare Spinning MillsBOM:502933 39 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates BOM:502933 with a GF Score™ of 39/100 and a GF Value™ of ₹102.27 (Fairly Valued). The stock has 10 warning signs investors should review. Among 734 Manufacturing - Apparel & Accessories companies, Katare Spinning Mills ranks worse than 136239.65% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Katare Spinning Mills's
Operating Income
for the
three
months ended in Mar. 2026 was ₹-10.36 Mil. Katare Spinning Mills's Interest Expense for the
three
months ended in Mar. 2026 was ₹-3.83 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Katare Spinning Mills's Interest Coverage or its related term are showing as below:
BOM:502933's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.445 * Ranked among companies with meaningful Interest Coverage only.
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Katare Spinning Mills Interest Coverage Related Terms
Katare Spinning Mills Interest Coverage Historical Data
* Premium members only.
The historical data trend for Katare Spinning Mills's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Textile Manufacturing subindustry, Katare Spinning Mills's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Katare Spinning Mills Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Katare Spinning Mills's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Katare Spinning Mills's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Katare Spinning Mills did not have earnings to cover the interest expense.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Interest Coverage of 0 (At Loss) mean?
Katare Spinning Mills (BOM:502933) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Katare Spinning Mills and its competitors. According to the industry distribution chart, Katare Spinning Mills ranks #999999 out of 734 companies in the Manufacturing - Apparel & Accessories industry.
Is Katare Spinning Mills' Interest Coverage too high?
Katare Spinning Mills' current Interest Coverage is 0 (At Loss). Based on the distribution chart, Katare Spinning Mills ranks #999999 out of 734 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Katare Spinning Mills has a GF Score™ of 39/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Katare Spinning Mills' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Katare Spinning Mills ranks #999999 out of 734 companies for Interest Coverage. This places Katare Spinning Mills in the lower half of its industry. The industry median Interest Coverage is 5.45. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Manufacturing - Apparel & Accessories company?
The median Interest Coverage among Manufacturing - Apparel & Accessories companies is 5.45, based on 734 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Katare Spinning Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Katare Spinning Mills's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Katare Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Katare Spinning Mills (BOM:502933) is currently considered Fairly Valued. The stock's GF Value™ is ₹102.27, compared to a current price of ₹103.95 — trading 1.6% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Katare Spinning Mills' overall GF Score™ is 39/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Katare Spinning Mills (BOM:502933), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Katare Spinning Mills (BOM:502933) Overvalued in 2026?
Based on GuruFocus' analysis, Katare Spinning Mills stock appears to be overvalued.
The current stock price of ₹103.95 is trading 1.6% above its estimated GF Value™ of ₹102.27.
GuruFocus considers Katare Spinning Mills to be Fairly Valued.
Key valuation signals for BOM:502933:
Interest Coverage: 0 (At Loss)
GF Value™: ₹102.27 vs. price of ₹103.95 (1.6% above fair value)
No single metric tells the full story. See the BOM:502933 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Katare Spinning Mills Ltd is an India-based company. It is engaged in the business of manufacturing of cotton yarn, solar power generation, and hospitality. Katare Spinning Mills operates through various segments that are Spinning Division and Solar Power. The Spinning Mill segment generates maximum revenue for the company.
39GF Score
Get the complete analysis for BOM:502933
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