Vardhman Polytex (BOM:514175) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


BOM:514175 Vardhman Polytex Ltd BOM:514175
48 GF Score
Price ₹6.94
GF Value ₹5.05
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Vardhman Polytex Interest Coverage?

Vardhman Polytex BOM:514175 +2.66% 48 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates BOM:514175 with a GF Score™ of 48/100 and a GF Value™ of ₹5.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Vardhman Polytex ranks worse than 92.02% 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. Vardhman Polytex's Operating Income for the three months ended in Mar. 2026 was ₹-0 Mil. Vardhman Polytex's Interest Expense for the three months ended in Mar. 2026 was ₹-6 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 Vardhman Polytex's Interest Coverage or its related term are showing as below:

BOM:514175' s Interest Coverage Range Over the Past 10 Years
Min: 0.1   Med: 0.42   Max: 0.83
Current: 0.83


BOM:514175's Interest Coverage is ranked worse than
92.02% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs BOM:514175: 0.83

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


Vardhman Polytex  (BOM:514175) 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 .


Vardhman Polytex Interest Coverage Related Terms


Vardhman Polytex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vardhman Polytex'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.

Vardhman Polytex Interest Coverage Chart

Vardhman Polytex 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 0.72 0.00 0.00 0.21 0.83

Vardhman Polytex 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 0.00 0.04 2.11 0.00 0.00

Vardhman Polytex Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Vardhman Polytex'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.


Vardhman Polytex Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vardhman Polytex's Interest Coverage falls into.


BOM:514175
48GF Score
Vardhman Polytex Ltd BOM:514175
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vardhman Polytex 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.

Vardhman Polytex'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, Vardhman Polytex's Interest Expense was ₹-90 Mil. Its Operating Income was ₹75 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*74.948/-89.85
=0.83

Vardhman Polytex's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Vardhman Polytex's Interest Expense was ₹-6 Mil. Its Operating Income was ₹-0 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Vardhman Polytex 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.

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 0 (At Loss) mean?
Vardhman Polytex (BOM:514175) 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 Vardhman Polytex and its competitors. Over the past decade, Vardhman Polytex's Interest Coverage has ranged from 0.10 to 0.83. According to the industry distribution chart, Vardhman Polytex ranks #680 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 92%.
Is Vardhman Polytex's Interest Coverage too high?
Vardhman Polytex's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 0.83. Based on the distribution chart, Vardhman Polytex ranks #680 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Vardhman Polytex has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Polytex's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vardhman Polytex ranks #680 out of 739 companies for Interest Coverage. This places Vardhman Polytex in the lower half of its industry. The industry median Interest Coverage is 5.43. Historically, Vardhman Polytex's own Interest Coverage has ranged from 0.10 to 0.83 over the past decade. 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 5.43, based on 739 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 Vardhman Polytex and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Polytex'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 Vardhman Polytex stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Polytex (BOM:514175) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.05, compared to a current price of ₹6.94 — trading 37.4% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Vardhman Polytex's overall GF Score™ is 48/100 with 6 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 Vardhman Polytex (BOM:514175), 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 Vardhman Polytex (BOM:514175) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Polytex stock appears to be overvalued. The current stock price of ₹6.94 is trading 37.4% above its estimated GF Value™ of ₹5.05. GuruFocus considers Vardhman Polytex to be Significantly Overvalued.

Key valuation signals for BOM:514175:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹5.05 vs. price of ₹6.94 (37.4% above fair value)
  • GF Score™: 48/100 with 6 warning signs

No single metric tells the full story. See the BOM:514175 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vardhman Polytex Business Description

Other Exchanges VARDMNPOLY:India
Address Chandigarh Road, Vardhman Park, Ludhiana, PB, IND, 141123
Vardhman Polytex Ltd is an Indian company operating in the Textile industry. The company is engaged in the manufacturing and export of cotton fabric and branded yarn. It is also engaged in the Real Estate business. It has production facilities located in Bathinda, Ludhiana, and Nalagarh in India. The Company's principal activity is the manufacturing of yarn & garments. Its product range includes yarns, fabrics, and garments including compact yarns, Organic Cotton Yarns, Dyed Yarns, polo t-shirts, round neck t-shirts, hoodies, and sweatshirts for men, women, and kids. It generates the majority of the revenue from the Textile Business. Geographically it covers the Indian and International Market.
48GF Score

Get the complete analysis for BOM:514175

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

₹6.94
Price
₹5.05
GF Value