Texel Industries (BOM:526638) Interest Coverage: 0 (At Loss) (As of Mar. 2026)

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BOM:526638 Texel Industries Ltd BOM:526638
52 GF Score
Price ₹74.06
GF Value ₹56.21
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Texel Industries Interest Coverage?

Texel Industries BOM:526638 +0.52% 52 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates BOM:526638 with a GF Score™ of 52/100 and a GF Value™ of ₹56.21 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 737 Manufacturing - Apparel & Accessories companies, Texel Industries ranks worse than 91.86% 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. Texel Industries's Operating Income for the three months ended in Mar. 2026 was ₹-30.2 Mil. Texel Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-13.7 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 Texel Industries's Interest Coverage or its related term are showing as below:

BOM:526638' s Interest Coverage Range Over the Past 10 Years
Min: 0.84   Med: 2.54   Max: 6.47
Current: 0.88


BOM:526638's Interest Coverage is ranked worse than
91.86% of 737 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.28 vs BOM:526638: 0.88

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


Texel Industries  (BOM:526638) 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 .


Texel Industries Interest Coverage Related Terms


Texel Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Texel Industries'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.

Texel Industries Interest Coverage Chart

Texel Industries 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 1.36 0.00 0.00 0.84 1.31

Texel Industries 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 4.78 1.96 0.37 3.73 0.00

Texel Industries Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Texel Industries'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.


Texel Industries Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Texel Industries's Interest Coverage falls into.


BOM:526638
52GF Score
Texel Industries Ltd BOM:526638
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texel Industries 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.

Texel Industries'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, Texel Industries's Interest Expense was ₹-40.6 Mil. Its Operating Income was ₹53.3 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹132.9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*53.278/-40.645
=1.31

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

Here, for the three months ended in Mar. 2026, Texel Industries's Interest Expense was ₹-13.7 Mil. Its Operating Income was ₹-30.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹132.9 Mil.

Texel Industries 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?
Texel Industries (BOM:526638) 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 Texel Industries and its competitors. Over the past decade, Texel Industries' Interest Coverage has ranged from 0.84 to 6.47. According to the industry distribution chart, Texel Industries ranks #677 out of 737 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 91.9%.
Is Texel Industries' Interest Coverage too high?
Texel Industries' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 6.47. Based on the distribution chart, Texel Industries ranks #677 out of 737 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Texel Industries has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Texel Industries' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Texel Industries ranks #677 out of 737 companies for Interest Coverage. This places Texel Industries in the lower half of its industry. The industry median Interest Coverage is 5.28. Historically, Texel Industries' own Interest Coverage has ranged from 0.84 to 6.47 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 5.28, based on 737 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 Texel Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texel Industries'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 Texel Industries stock overvalued right now?
Based on GuruFocus' analysis, Texel Industries (BOM:526638) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹56.21, compared to a current price of ₹74.06 — trading 31.8% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Texel Industries' overall GF Score™ is 52/100 with 5 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 Texel Industries (BOM:526638), 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 Texel Industries (BOM:526638) Overvalued in 2026?

Based on GuruFocus' analysis, Texel Industries stock appears to be overvalued. The current stock price of ₹74.06 is trading 31.8% above its estimated GF Value™ of ₹56.21. GuruFocus considers Texel Industries to be Significantly Overvalued.

Key valuation signals for BOM:526638:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹56.21 vs. price of ₹74.06 (31.8% above fair value)
  • GF Score™: 52/100 with 5 warning signs

No single metric tells the full story. See the BOM:526638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Texel Industries Business Description

Address Block No. 2106, Santej-Khatraj Road, Near Shah Alloys Ltd, Village Santej, Tal kalol, District, Gandhinagar, GJ, IND, 382 721
Texel Industries Ltd manufactures and sells tarpaulins and geomembranes in India and internationally. The company has its capabilities in manufacturing a wide range of Geosynthetic Textile products which includes geomembranes, geotextiles and ground covers among others. The products are used in agriculture, aquaculture, horticulture, animal husbandry, civil engineering, water harvesting, water conservation and disaster relief, landscaping, transportation, pollution control and waste management.
52GF Score

Get the complete analysis for BOM:526638

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

₹74.06
Price
₹56.21
GF Value