Swadeshi Industries & Leasing Co (BOM:506863) Interest Coverage: 279.32 (As of Mar. 2026) — 29% Below Median

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BOM:506863 Swadeshi Industries & Leasing Co Ltd BOM:506863
45 GF Score
Price ₹90.30
! 3 Warning Signs
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What is Swadeshi Industries & Leasing Co Interest Coverage?

Swadeshi Industries & Leasing Co BOM:506863 +5.00% 45 Interest Coverage is 279.32 as of Mar. 2026, which is 29% below its 10-year median of 394.15. GuruFocus rates BOM:506863 with a GF Score™ of 45/100. The stock has 3 warning signs investors should review. Among 736 Manufacturing - Apparel & Accessories companies, Swadeshi Industries & Leasing Co ranks better than 93.34% 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. Swadeshi Industries & Leasing Co's Operating Income for the three months ended in Mar. 2026 was ₹10.6 Mil. Swadeshi Industries & Leasing Co's Interest Expense for the three months ended in Mar. 2026 was ₹-0.0 Mil. Swadeshi Industries & Leasing Co's interest coverage for the quarter that ended in Mar. 2026 was 279.32. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Swadeshi Industries & Leasing Co Ltd has enough cash to cover all of its debt. Its financial situation is stable.

The historical rank and industry rank for Swadeshi Industries & Leasing Co's Interest Coverage or its related term are showing as below:

BOM:506863' s Interest Coverage Range Over the Past 10 Years
Min: 194.98   Med: 394.15   Max: 593.31
Current: 593.18


BOM:506863's Interest Coverage is ranked better than
93.34% of 736 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.26 vs BOM:506863: 593.18

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


Swadeshi Industries & Leasing Co  (BOM:506863) 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 .


Swadeshi Industries & Leasing Co Interest Coverage Related Terms


Swadeshi Industries & Leasing Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Swadeshi Industries & Leasing 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.

Swadeshi Industries & Leasing Co Interest Coverage Chart

Swadeshi Industries & Leasing 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 N/A 0.00 0.00 194.98 593.31

Swadeshi Industries & Leasing 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 227.94 No Debt No Debt 5,361.00 279.32

Swadeshi Industries & Leasing Co Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Swadeshi Industries & Leasing 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.


Swadeshi Industries & Leasing Co Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Swadeshi Industries & Leasing Co's Interest Coverage falls into.


BOM:506863
45GF Score
Swadeshi Industries & Leasing Co Ltd BOM:506863
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Swadeshi Industries & Leasing 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.

Swadeshi Industries & Leasing 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, Swadeshi Industries & Leasing Co's Interest Expense was ₹-0.0 Mil. Its Operating Income was ₹23.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6.4 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*23.139/-0.039
=593.31

Swadeshi Industries & Leasing Co's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Swadeshi Industries & Leasing Co's Interest Expense was ₹-0.0 Mil. Its Operating Income was ₹10.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹6.4 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*10.614/-0.038
=279.32

* 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 279.32 mean?
Swadeshi Industries & Leasing Co (BOM:506863) has a Interest Coverage of 279.32 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Swadeshi Industries & Leasing Co and its competitors. This is 29% below median its historical median of 394.15. Over the past decade, Swadeshi Industries & Leasing Co's Interest Coverage has ranged from 194.98 to 593.31. According to the industry distribution chart, Swadeshi Industries & Leasing Co ranks #49 out of 736 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 6.7%.
Is Swadeshi Industries & Leasing Co's Interest Coverage too high?
Swadeshi Industries & Leasing Co's current Interest Coverage of 279.32 is 29% below median its 10-year median of 394.15. Over the past 10 years, this metric has ranged from a low of 194.98 to a high of 593.31. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.26. Swadeshi Industries & Leasing Co's value of 279.32 is 5210.3% above this industry median. Based on the distribution chart, Swadeshi Industries & Leasing Co ranks #49 out of 736 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Swadeshi Industries & Leasing Co has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Swadeshi Industries & Leasing Co's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Swadeshi Industries & Leasing Co ranks #49 out of 736 companies for Interest Coverage. This places Swadeshi Industries & Leasing Co in the top 7% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.26. Swadeshi Industries & Leasing Co's value of 279.32 is 5210.3% above this benchmark. Historically, Swadeshi Industries & Leasing Co's own Interest Coverage has ranged from 194.98 to 593.31 over the past decade. While the company's 10-year median is 394.15 vs. the industry median of 5.26, Swadeshi Industries & Leasing Co has consistently been above 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 5.26, based on 736 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. Swadeshi Industries & Leasing Co's current Interest Coverage of 279.32 is 5210.3% above 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 Swadeshi Industries & Leasing Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Swadeshi Industries & Leasing Co's current Interest Coverage is 279.32, which is 29% below median its own 10-year median of 394.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Swadeshi Industries & Leasing Co stock overvalued right now?
Swadeshi Industries & Leasing Co (BOM:506863) has a current Interest Coverage of 279.32. The current Interest Coverage is 279.32, which is 29% below median its 10-year median of 394.15 and 5210.3% above the Manufacturing - Apparel & Accessories industry median of 5.26. Swadeshi Industries & Leasing Co's overall GF Score™ is 45/100 with 3 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 Swadeshi Industries & Leasing Co (BOM:506863), the current Interest Coverage is 279.32 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.

Swadeshi Industries & Leasing Co Business Description

Address Western Express Highway, 117, V.Mall Thakur Complex, Kandivali East, Mumbai, MH, IND, 400101
Swadeshi Industries & Leasing Co Ltd is engaged in the trading of various items. It manufactures and sells PET preforms in India.
45GF Score

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

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