Candour Techtex (BOM:522292) Interest Coverage: 0 (At Loss) (As of Jun. 2026)

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BOM:522292 Candour Techtex Ltd BOM:522292
46 GF Score
Price ₹60.46
GF Value ₹13.59
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Candour Techtex Interest Coverage?

Candour Techtex BOM:522292 -2.12% 46 Interest Coverage is 0 (At Loss) as of Jun. 2026. GuruFocus rates BOM:522292 with a GF Score™ of 46/100 and a GF Value™ of ₹13.59 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,304 Industrial Products companies, Candour Techtex ranks worse than 43402.73% 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. Candour Techtex's Operating Income for the three months ended in Jun. 2026 was ₹-18.6 Mil. Candour Techtex's Interest Expense for the three months ended in Jun. 2026 was ₹-4.5 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 Candour Techtex's Interest Coverage or its related term are showing as below:


BOM:522292's Interest Coverage is not ranked *
in the Industrial Products industry.
Industry Median: 14.64
* 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.


Candour Techtex  (BOM:522292) 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 .


Candour Techtex Interest Coverage Related Terms


Candour Techtex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Candour Techtex'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.

Candour Techtex Interest Coverage Chart

Candour Techtex 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 3.41 0.11 0.00 1.29 0.00

Candour Techtex 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 0.00 0.00 0.00 0.22 0.00

BOM:522292 vs GEV, ETN, PH: Interest Coverage Comparison

For the Specialty Industrial Machinery subindustry, Candour Techtex'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.


Candour Techtex Interest Coverage vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Candour Techtex's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Candour Techtex's Interest Coverage falls into.


BOM:522292
46GF Score
Candour Techtex Ltd BOM:522292
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Candour Techtex 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.

Candour Techtex'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, Candour Techtex's Interest Expense was ₹-22.5 Mil. Its Operating Income was ₹-3.1 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹139.6 Mil.

Candour Techtex did not have earnings to cover the interest expense.

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

Here, for the three months ended in Jun. 2026, Candour Techtex's Interest Expense was ₹-4.5 Mil. Its Operating Income was ₹-18.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Candour Techtex 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?
Candour Techtex (BOM:522292) has a Interest Coverage of 0 (At Loss) as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Candour Techtex and its competitors. According to the industry distribution chart, Candour Techtex ranks #999999 out of 2304 companies in the Industrial Products industry.
Is Candour Techtex's Interest Coverage too high?
Candour Techtex's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Candour Techtex ranks #999999 out of 2304 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Candour Techtex has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Candour Techtex's Interest Coverage compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Candour Techtex ranks #999999 out of 2304 companies for Interest Coverage. This places Candour Techtex in the lower half of its industry. The industry median Interest Coverage is 14.64. 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 an Industrial Products company?
The median Interest Coverage among Industrial Products companies is 14.64, based on 2,304 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 Candour Techtex and its competitors. For the Industrial Products industry, the median Interest Coverage is 14.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Candour Techtex'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 Candour Techtex stock overvalued right now?
Based on GuruFocus' analysis, Candour Techtex (BOM:522292) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹13.59, compared to a current price of ₹60.46 — trading 344.9% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Candour Techtex's overall GF Score™ is 46/100 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 Candour Techtex (BOM:522292), the current Interest Coverage is 0 (At Loss) 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 Candour Techtex (BOM:522292) Overvalued in 2026?

Based on GuruFocus' analysis, Candour Techtex stock appears to be overvalued. The current stock price of ₹60.46 is trading 344.9% above its estimated GF Value™ of ₹13.59. GuruFocus considers Candour Techtex to be Significantly Overvalued.

Key valuation signals for BOM:522292:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹13.59 vs. price of ₹60.46 (344.9% above fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the BOM:522292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Candour Techtex Business Description

Address 52, S.K. Ahire Marg, 108/109, T.V. Industrial Estate, Worli, Mumbai, MH, IND, 400 030
Candour Techtex Ltd deals in diversified business activities, primarily in the manufacturing and trading of textiles, plastics and other items. In addition, it also manufactures velvet fabrics. The operating segments of the company are the Textile division; Plastic division, Trading Division and Technical Textiles Division. It derives maximum revenue from the Trading division. The organization also manufactures plastic crates and other allied plastic products. The company has business operations in India and internationally. Its product offerings comprise die-casting machines, Injection Moulding Machines, and Rubber Injection Moulding machines, among others.
46GF Score

Get the complete analysis for BOM:522292

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

₹60.46
Price
₹13.59
GF Value