Mahalaxmi Rubtech (BOM:514450) Interest Coverage: 32.43 (As of Mar. 2026) — 562% Above Median


BOM:514450 Mahalaxmi Rubtech Ltd BOM:514450
72 GF Score
Price ₹140.20
GF Value ₹272.79
Valuation Possible Value Trap
! 2 Warning Signs
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What is Mahalaxmi Rubtech Interest Coverage?

Mahalaxmi Rubtech BOM:514450 -2.57% 72 Interest Coverage is 32.43 as of Mar. 2026, which is 562% above its 10-year median of 4.90. GuruFocus rates BOM:514450 with a GF Score™ of 72/100 and a GF Value™ of ₹272.79 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 734 Manufacturing - Apparel & Accessories companies, Mahalaxmi Rubtech ranks better than 81.61% 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. Mahalaxmi Rubtech's Operating Income for the three months ended in Mar. 2026 was ₹63 Mil. Mahalaxmi Rubtech's Interest Expense for the three months ended in Mar. 2026 was ₹-2 Mil. Mahalaxmi Rubtech's interest coverage for the quarter that ended in Mar. 2026 was 32.43. The higher the ratio, the stronger the company's financial strength is.

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

BOM:514450' s Interest Coverage Range Over the Past 10 Years
Min: 2.28   Med: 4.9   Max: 39.36
Current: 39.36


BOM:514450's Interest Coverage is ranked better than
81.61% of 734 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.435 vs BOM:514450: 39.36

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


Mahalaxmi Rubtech  (BOM:514450) 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 .


Mahalaxmi Rubtech Interest Coverage Related Terms


Mahalaxmi Rubtech Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mahalaxmi Rubtech'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.

Mahalaxmi Rubtech Interest Coverage Chart

Mahalaxmi Rubtech 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 2.51 7.05 10.84 19.05 39.36

Mahalaxmi Rubtech 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 19.50 29.34 49.37 54.25 32.43

Mahalaxmi Rubtech Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Mahalaxmi Rubtech'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.


Mahalaxmi Rubtech Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mahalaxmi Rubtech's Interest Coverage falls into.


BOM:514450
72GF Score
Mahalaxmi Rubtech Ltd BOM:514450
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahalaxmi Rubtech 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.

Mahalaxmi Rubtech'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, Mahalaxmi Rubtech's Interest Expense was ₹-7 Mil. Its Operating Income was ₹259 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*258.785/-6.575
=39.36

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

Here, for the three months ended in Mar. 2026, Mahalaxmi Rubtech's Interest Expense was ₹-2 Mil. Its Operating Income was ₹63 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*62.534/-1.928
=32.43

* 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 32.43 mean?
Mahalaxmi Rubtech (BOM:514450) has a Interest Coverage of 32.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mahalaxmi Rubtech and its competitors. This is 562% above median its historical median of 4.90. Over the past decade, Mahalaxmi Rubtech's Interest Coverage has ranged from 2.28 to 39.36. According to the industry distribution chart, Mahalaxmi Rubtech ranks #135 out of 734 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 18.4%.
Is Mahalaxmi Rubtech's Interest Coverage too high?
Mahalaxmi Rubtech's current Interest Coverage of 32.43 is 562% above median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 39.36. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Mahalaxmi Rubtech's value of 32.43 is 496.7% above this industry median. Based on the distribution chart, Mahalaxmi Rubtech ranks #135 out of 734 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mahalaxmi Rubtech has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahalaxmi Rubtech's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mahalaxmi Rubtech ranks #135 out of 734 companies for Interest Coverage. This places Mahalaxmi Rubtech in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.44. Mahalaxmi Rubtech's value of 32.43 is 496.7% above this benchmark. Historically, Mahalaxmi Rubtech's own Interest Coverage has ranged from 2.28 to 39.36 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 5.44, Mahalaxmi Rubtech 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 5.44, 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. Mahalaxmi Rubtech's current Interest Coverage of 32.43 is 496.7% 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 Mahalaxmi Rubtech and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahalaxmi Rubtech's current Interest Coverage is 32.43, which is 562% above median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahalaxmi Rubtech stock overvalued right now?
Based on GuruFocus' analysis, Mahalaxmi Rubtech (BOM:514450) is currently considered Possible Value Trap. The stock's GF Value™ is ₹272.79, compared to a current price of ₹140.20 — trading 48.6% below its estimated fair value. The current Interest Coverage is 32.43, which is 562% above median its 10-year median of 4.90 and 496.7% above the Manufacturing - Apparel & Accessories industry median of 5.44. Mahalaxmi Rubtech's overall GF Score™ is 72/100 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 Mahalaxmi Rubtech (BOM:514450), the current Interest Coverage is 32.43 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 Mahalaxmi Rubtech (BOM:514450) Overvalued in 2026?

Based on GuruFocus' analysis, Mahalaxmi Rubtech stock appears to be undervalued. The current stock price of ₹140.20 is trading 48.6% below its estimated GF Value™ of ₹272.79. GuruFocus considers Mahalaxmi Rubtech to be Possible Value Trap.

Key valuation signals for BOM:514450:

  • Interest Coverage: 32.43 (562% above median its 10-year median of 4.90)
  • GF Value™: ₹272.79 vs. price of ₹140.20 (48.6% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 496.7% above the Manufacturing - Apparel & Accessories median (#135 of 734)

No single metric tells the full story. See the BOM:514450 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahalaxmi Rubtech Business Description

Other Exchanges MHLXMIRU:India
Address Polytechnic Road, Mahalaxmi House, YSL Avenue, Opposite Ketav Petrol Pump, Ambavadi, Ahmedabad, GJ, IND, 380015
Mahalaxmi Rubtech Ltd is an Indian textile manufacturing company. The company has structured its operations into the following business segments - Rubber and Technical textiles Products, and Textile Products. The company's product portfolio comprises; printing blankets, textile printing blankets, rubber-coated fabrics, hydraulic seals, air cells, and technical textiles. The majority of the revenue accrues from the Textile products segment.
72GF Score

Get the complete analysis for BOM:514450

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

₹140.20
Price
₹272.79
GF Value