Gujarat Cotex (BOM:514386) Interest Coverage: 16.97 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:514386 Gujarat Cotex Ltd BOM:514386
48 GF Score
Price ₹3.58
GF Value ₹8.38
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Gujarat Cotex Interest Coverage?

Gujarat Cotex BOM:514386 +4.99% 48 Interest Coverage is 16.97 as of Jun. 2026, which is 8% above its 10-year median of 15.65. GuruFocus rates BOM:514386 with a GF Score™ of 48/100 and a GF Value™ of ₹8.38 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 747 Manufacturing - Apparel & Accessories companies, Gujarat Cotex ranks worse than 133868.67% 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. Gujarat Cotex's Operating Income for the three months ended in Jun. 2026 was ₹1.7 Mil. Gujarat Cotex's Interest Expense for the three months ended in Jun. 2026 was ₹-0.1 Mil. Gujarat Cotex's interest coverage for the quarter that ended in Jun. 2026 was 16.97. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Gujarat Cotex's Interest Coverage or its related term are showing as below:


BOM:514386's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.42
* Ranked among companies with meaningful Interest Coverage only.

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


Gujarat Cotex  (BOM:514386) 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 .


Gujarat Cotex Interest Coverage Related Terms


Gujarat Cotex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Gujarat Cotex'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.

Gujarat Cotex Interest Coverage Chart

Gujarat Cotex 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 1.23 64.39 15.65 0.00

Gujarat Cotex Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 38.42 35.20 0.00 0.00 16.97

Gujarat Cotex Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Gujarat Cotex'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.


Gujarat Cotex Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Gujarat Cotex's Interest Coverage falls into.


BOM:514386
48GF Score
Gujarat Cotex Ltd BOM:514386
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gujarat Cotex 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.

Gujarat Cotex'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, Gujarat Cotex's Interest Expense was ₹-0.4 Mil. Its Operating Income was ₹-0.4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3.7 Mil.

Gujarat Cotex did not have earnings to cover the interest expense.

Gujarat Cotex's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Gujarat Cotex's Interest Expense was ₹-0.1 Mil. Its Operating Income was ₹1.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*1.714/-0.101
=16.97

* 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 16.97 mean?
Gujarat Cotex (BOM:514386) has a Interest Coverage of 16.97 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Gujarat Cotex and its competitors. This is near median its historical median of 15.65. According to the industry distribution chart, Gujarat Cotex ranks #999999 out of 747 companies in the Manufacturing - Apparel & Accessories industry.
Is Gujarat Cotex's Interest Coverage too high?
Gujarat Cotex's current Interest Coverage of 16.97 is near median its 10-year median of 15.65. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.42. Gujarat Cotex's value of 16.97 is 213.1% above this industry median. Based on the distribution chart, Gujarat Cotex ranks #999999 out of 747 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Gujarat Cotex has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Cotex's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gujarat Cotex ranks #999999 out of 747 companies for Interest Coverage. This places Gujarat Cotex in the lower half of its industry. The industry median Interest Coverage is 5.42. Gujarat Cotex's value of 16.97 is 213.1% above this benchmark. While the company's 10-year median is 15.65 vs. the industry median of 5.42, Gujarat Cotex 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 5.42, based on 747 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. Gujarat Cotex's current Interest Coverage of 16.97 is 213.1% 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 Gujarat Cotex 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. Gujarat Cotex's current Interest Coverage is 16.97, which is near median its own 10-year median of 15.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Cotex stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Cotex (BOM:514386) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹8.38, compared to a current price of ₹3.58 — trading 57.3% below its estimated fair value. The current Interest Coverage is 16.97, which is near median its 10-year median of 15.65 and 213.1% above the Manufacturing - Apparel & Accessories industry median of 5.42. Gujarat Cotex's overall GF Score™ is 48/100 with 2 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 Gujarat Cotex (BOM:514386), the current Interest Coverage is 16.97 as of Jun. 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 Gujarat Cotex (BOM:514386) Overvalued in 2026?

Based on GuruFocus' analysis, Gujarat Cotex stock appears to be undervalued. The current stock price of ₹3.58 is trading 57.3% below its estimated GF Value™ of ₹8.38. GuruFocus considers Gujarat Cotex to be Significantly Undervalued.

Key valuation signals for BOM:514386:

  • Interest Coverage: 16.97 (near median its 10-year median of 15.65)
  • GF Value™: ₹8.38 vs. price of ₹3.58 (57.3% below fair value)
  • GF Score™: 48/100 with 2 warning signs
  • Industry Position: 213.1% above the Manufacturing - Apparel & Accessories median (#999999 of 747)

No single metric tells the full story. See the BOM:514386 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gujarat Cotex Business Description

Address 2007, Shankar plaza, Nanpura, Timaliyawad, Surat, GJ, IND, 395001
Gujarat Cotex Ltd is an India-based company engaged in the trading of textile fabrics and trading in plots or land during the year. The company operates in single segment only the wholesale Trading in fabrics. In addition, it is involved in the manufacturing, bleaching, weaving, printing, and selling of all types of clothes and other related materials. The company caters to domestic markets.
48GF Score

Get the complete analysis for BOM:514386

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

₹3.58
Price
₹8.38
GF Value