Lakshmi Mills Co (BOM:502958) Interest Coverage: 1.78 (As of Mar. 2026) — 93% Above Median

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BOM:502958 Lakshmi Mills Co Ltd BOM:502958
52 GF Score
Price ₹8,175.00
GF Value ₹6,093.93
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Lakshmi Mills Co Interest Coverage?

Lakshmi Mills Co BOM:502958 +1.34% 52 Interest Coverage is 1.78 as of Mar. 2026, which is 93% above its 10-year median of 0.92. GuruFocus rates BOM:502958 with a GF Score™ of 52/100 and a GF Value™ of ₹6,093.93 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 746 Manufacturing - Apparel & Accessories companies, Lakshmi Mills Co ranks worse than 82.44% 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. Lakshmi Mills Co's Operating Income for the three months ended in Mar. 2026 was ₹39 Mil. Lakshmi Mills Co's Interest Expense for the three months ended in Mar. 2026 was ₹-22 Mil. Lakshmi Mills Co's interest coverage for the quarter that ended in Mar. 2026 was 1.78. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Lakshmi Mills Co's Interest Coverage or its related term are showing as below:

BOM:502958' s Interest Coverage Range Over the Past 10 Years
Min: 0.06   Med: 0.92   Max: 3.51
Current: 1.39


BOM:502958's Interest Coverage is ranked worse than
82.44% of 746 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.42 vs BOM:502958: 1.39

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Lakshmi Mills Co  (BOM:502958) Interest Coverage Explanation

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 .


Lakshmi Mills Co Interest Coverage Related Terms


Lakshmi Mills Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lakshmi Mills Co'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.

Lakshmi Mills Co Interest Coverage Chart

Lakshmi Mills Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.51 0.00 0.00 0.11 1.39

Lakshmi Mills Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.50 0.57 1.46 2.04 1.78

Lakshmi Mills Co Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Lakshmi Mills Co'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.


Lakshmi Mills Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lakshmi Mills Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Lakshmi Mills Co's Interest Coverage falls into.


BOM:502958
52GF Score
Lakshmi Mills Co Ltd BOM:502958
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lakshmi Mills Co Interest Coverage Calculation

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:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lakshmi Mills Co's Interest Coverage for the fiscal year that ended in Mar. 2026 is calculated as

Here, for the fiscal year that ended in Mar. 2026, Lakshmi Mills Co's Interest Expense was ₹-103 Mil. Its Operating Income was ₹142 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹484 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*142.189/-102.636
=1.39

Lakshmi Mills Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Lakshmi Mills Co's Interest Expense was ₹-22 Mil. Its Operating Income was ₹39 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹484 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*39.419/-22.144
=1.78

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 1.78 mean?
Lakshmi Mills Co (BOM:502958) has a Interest Coverage of 1.78 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lakshmi Mills Co and its competitors. This is 93% above median its historical median of 0.92. Over the past decade, Lakshmi Mills Co's Interest Coverage has ranged from 0.06 to 3.51. According to the industry distribution chart, Lakshmi Mills Co ranks #615 out of 746 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.4%.
Is Lakshmi Mills Co's Interest Coverage too high?
Lakshmi Mills Co's current Interest Coverage of 1.78 is 93% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 3.51. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.42. Lakshmi Mills Co's value of 1.78 is 67.2% below this industry median. Based on the distribution chart, Lakshmi Mills Co ranks #615 out of 746 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Lakshmi Mills Co has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lakshmi Mills Co's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lakshmi Mills Co ranks #615 out of 746 companies for Interest Coverage. This places Lakshmi Mills Co in the lower half of its industry. The industry median Interest Coverage is 5.42. Lakshmi Mills Co's value of 1.78 is 67.2% below this benchmark. Historically, Lakshmi Mills Co's own Interest Coverage has ranged from 0.06 to 3.51 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 5.42, Lakshmi Mills Co has consistently been below the industry average. 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 5.42, based on 746 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. Lakshmi Mills Co's current Interest Coverage of 1.78 is 67.2% below the industry median. 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 Lakshmi Mills Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakshmi Mills Co's current Interest Coverage is 1.78, which is 93% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakshmi Mills Co stock overvalued right now?
Based on GuruFocus' analysis, Lakshmi Mills Co (BOM:502958) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹6,093.93, compared to a current price of ₹8,175.00 — trading 34.1% above its estimated fair value. The current Interest Coverage is 1.78, which is 93% above median its 10-year median of 0.92 and 67.2% below the Manufacturing - Apparel & Accessories industry median of 5.42. Lakshmi Mills Co's overall GF Score™ is 52/100 with 4 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 Lakshmi Mills Co (BOM:502958), the current Interest Coverage is 1.78 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 Lakshmi Mills Co (BOM:502958) Overvalued in 2026?

Based on GuruFocus' analysis, Lakshmi Mills Co stock appears to be overvalued. The current stock price of ₹8,175.00 is trading 34.1% above its estimated GF Value™ of ₹6,093.93. GuruFocus considers Lakshmi Mills Co to be Significantly Overvalued.

Key valuation signals for BOM:502958:

  • Interest Coverage: 1.78 (93% above median its 10-year median of 0.92)
  • GF Value™: ₹6,093.93 vs. price of ₹8,175.00 (34.1% above fair value)
  • GF Score™: 52/100 with 4 warning signs
  • Industry Position: 67.2% below the Manufacturing - Apparel & Accessories median (#615 of 746)

No single metric tells the full story. See the BOM:502958 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lakshmi Mills Co Business Description

Address 686, Avanashi Road, Post Box No. 6301, Pappanaickenpalayam, Coimbatore, TN, IND, 641 037
Lakshmi Mills Co Ltd is engaged in the manufacturing and trading of yarn. The company's operating segment includes Textiles and Rental services. It generates maximum revenue from the Textiles segment. Textiles segment consist of manufacturing and sale of yarn and trading in cloth and garments. It's Rental Services segment consist of letting out of properties. Geographically, it derives a majority of revenue from India.
52GF Score

Get the complete analysis for BOM:502958

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹8,175.00
Price
₹6,093.93
GF Value