Filatex India (BOM:526227) Interest Coverage: 13.55 (As of Mar. 2026) — 81% Above Median


BOM:526227 Filatex India Ltd BOM:526227
71 GF Score
Price ₹51.89
GF Value ₹50.87
Valuation Fairly Valued
! 2 Warning Signs
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What is Filatex India Interest Coverage?

Filatex India BOM:526227 +0.35% 71 Interest Coverage is 13.55 as of Mar. 2026, which is 81% above its 10-year median of 7.49. GuruFocus rates BOM:526227 with a GF Score™ of 71/100 and a GF Value™ of ₹50.87 (Fairly Valued). The stock has 2 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Filatex India ranks better than 67.25% 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. Filatex India's Operating Income for the three months ended in Mar. 2026 was ₹668 Mil. Filatex India's Interest Expense for the three months ended in Mar. 2026 was ₹-49 Mil. Filatex India's interest coverage for the quarter that ended in Mar. 2026 was 13.55. The higher the ratio, the stronger the company's financial strength is.

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

BOM:526227' s Interest Coverage Range Over the Past 10 Years
Min: 2.58   Med: 7.49   Max: 30.64
Current: 14.07


BOM:526227's Interest Coverage is ranked better than
67.25% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs BOM:526227: 14.07

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


Filatex India  (BOM:526227) 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 .


Filatex India Interest Coverage Related Terms


Filatex India Interest Coverage Historical Data

* Premium members only.

The historical data trend for Filatex India'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.

Filatex India Interest Coverage Chart

Filatex India 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 30.64 4.76 9.24 8.52 14.07

Filatex India 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 7.62 12.05 14.56 16.28 13.55

Filatex India Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Filatex India'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.


Filatex India Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Filatex India's Interest Coverage falls into.


BOM:526227
71GF Score
Filatex India Ltd BOM:526227
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Filatex India 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.

Filatex India'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, Filatex India's Interest Expense was ₹-191 Mil. Its Operating Income was ₹2,688 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹806 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*2688.3/-191.1
=14.07

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

Here, for the three months ended in Mar. 2026, Filatex India's Interest Expense was ₹-49 Mil. Its Operating Income was ₹668 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹806 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*667.8/-49.3
=13.55

* 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 13.55 mean?
Filatex India (BOM:526227) has a Interest Coverage of 13.55 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Filatex India and its competitors. This is 81% above median its historical median of 7.49. Over the past decade, Filatex India's Interest Coverage has ranged from 2.58 to 30.64. According to the industry distribution chart, Filatex India ranks #242 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.7%.
Is Filatex India's Interest Coverage too high?
Filatex India's current Interest Coverage of 13.55 is 81% above median its 10-year median of 7.49. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 30.64. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Filatex India's value of 13.55 is 149.5% above this industry median. Based on the distribution chart, Filatex India ranks #242 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Filatex India has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Filatex India's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Filatex India ranks #242 out of 739 companies for Interest Coverage. This puts Filatex India in the upper half of its industry. The industry median Interest Coverage is 5.43. Filatex India's value of 13.55 is 149.5% above this benchmark. Historically, Filatex India's own Interest Coverage has ranged from 2.58 to 30.64 over the past decade. While the company's 10-year median is 7.49 vs. the industry median of 5.43, Filatex India 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 5.43, 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. Filatex India's current Interest Coverage of 13.55 is 149.5% 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 Filatex India 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. Filatex India's current Interest Coverage is 13.55, which is 81% above median its own 10-year median of 7.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Filatex India stock overvalued right now?
Based on GuruFocus' analysis, Filatex India (BOM:526227) is currently considered Fairly Valued. The stock's GF Value™ is ₹50.87, compared to a current price of ₹51.89 — trading 2% above its estimated fair value. The current Interest Coverage is 13.55, which is 81% above median its 10-year median of 7.49 and 149.5% above the Manufacturing - Apparel & Accessories industry median of 5.43. Filatex India's overall GF Score™ is 71/100 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 Filatex India (BOM:526227), the current Interest Coverage is 13.55 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 Filatex India (BOM:526227) Overvalued in 2026?

Based on GuruFocus' analysis, Filatex India stock appears to be overvalued. The current stock price of ₹51.89 is trading 2% above its estimated GF Value™ of ₹50.87. GuruFocus considers Filatex India to be Fairly Valued.

Key valuation signals for BOM:526227:

  • Interest Coverage: 13.55 (81% above median its 10-year median of 7.49)
  • GF Value™: ₹50.87 vs. price of ₹51.89 (2% above fair value)
  • GF Score™: 71/100 with 2 warning signs
  • Industry Position: 149.5% above the Manufacturing - Apparel & Accessories median (#242 of 739)

No single metric tells the full story. See the BOM:526227 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Filatex India Business Description

Other Exchanges FILATEX:India
Address Demni Road, Survey No. 274, Union territory of Dadra & Nagar Haveli, Dadra, IND, 396193
Filatex India Ltd is a manufacturer of Polyester Filament yarn. The company's product line includes Polyester Filament Yarn, Polypropylene Filament Yarn, Draw Texturized Yarn, Fully Drawn Yarn, Textile Grade Chips, Narrow Customized Fabrics, and Monofilament Yarns. Its only operating segment is the Manufacture and Trading of Synthetic Yarn and Textiles. Geographically, it derives a majority of its revenue from India.
71GF Score

Get the complete analysis for BOM:526227

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

₹51.89
Price
₹50.87
GF Value