Virat Industries (BOM:530521) Interest Coverage: 104.89 (As of Jun. 2026) — 486% Above Median

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BOM:530521 Virat Industries Ltd BOM:530521
46 GF Score
Price ₹445.70
GF Value ₹128.54
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Virat Industries Interest Coverage?

Virat Industries BOM:530521 -1.73% 46 Interest Coverage is 104.89 as of Jun. 2026, which is 486% above its 10-year median of 17.91. GuruFocus rates BOM:530521 with a GF Score™ of 46/100 and a GF Value™ of ₹128.54 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 760 Manufacturing - Apparel & Accessories companies, Virat Industries ranks better than 79.87% 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. Virat Industries's Operating Income for the three months ended in Jun. 2026 was ₹14.2 Mil. Virat Industries's Interest Expense for the three months ended in Jun. 2026 was ₹-0.1 Mil. Virat Industries's interest coverage for the quarter that ended in Jun. 2026 was 104.89. The higher the ratio, the stronger the company's financial strength is.

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

BOM:530521' s Interest Coverage Range Over the Past 10 Years
Min: 2.17   Med: 17.91   Max: 54.95
Current: 33.3


BOM:530521's Interest Coverage is ranked better than
79.87% of 760 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.83 vs BOM:530521: 33.30

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


Virat Industries  (BOM:530521) 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 .


Virat Industries Interest Coverage Related Terms


Virat Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Virat 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.

Virat Industries Interest Coverage Chart

Virat 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 54.95 23.97 2.17 3.83 11.84

Virat Industries 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 8.76 43.88 13.34 0.00 104.89

BOM:530521 vs RL, LEVI, VFC: Interest Coverage Comparison

For the Apparel Manufacturing subindustry, Virat 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.


Virat Industries Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

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


BOM:530521
46GF Score
Virat Industries Ltd BOM:530521
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Virat 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.

Virat 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, Virat Industries's Interest Expense was ₹-0.5 Mil. Its Operating Income was ₹5.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5.647/-0.477
=11.84

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

Here, for the three months ended in Jun. 2026, Virat Industries's Interest Expense was ₹-0.1 Mil. Its Operating Income was ₹14.2 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*14.16/-0.135
=104.89

* 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 104.89 mean?
Virat Industries (BOM:530521) has a Interest Coverage of 104.89 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Virat Industries and its competitors. This is 486% above median its historical median of 17.91. Over the past decade, Virat Industries' Interest Coverage has ranged from 2.17 to 54.95. According to the industry distribution chart, Virat Industries ranks #153 out of 760 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 20.1%.
Is Virat Industries' Interest Coverage too high?
Virat Industries' current Interest Coverage of 104.89 is 486% above median its 10-year median of 17.91. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 54.95. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.83. Virat Industries' value of 104.89 is 1699.1% above this industry median. Based on the distribution chart, Virat Industries ranks #153 out of 760 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Virat Industries has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Virat Industries' Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Virat Industries ranks #153 out of 760 companies for Interest Coverage. This places Virat Industries in the top 20% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.83. Virat Industries' value of 104.89 is 1699.1% above this benchmark. Historically, Virat Industries' own Interest Coverage has ranged from 2.17 to 54.95 over the past decade. While the company's 10-year median is 17.91 vs. the industry median of 5.83, Virat Industries 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 5.83, based on 760 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. Virat Industries's current Interest Coverage of 104.89 is 1699.1% 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 Virat Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virat Industries's current Interest Coverage is 104.89, which is 486% above median its own 10-year median of 17.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virat Industries stock overvalued right now?
Based on GuruFocus' analysis, Virat Industries (BOM:530521) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹128.54, compared to a current price of ₹445.70 — trading 246.7% above its estimated fair value. The current Interest Coverage is 104.89, which is 486% above median its 10-year median of 17.91 and 1699.1% above the Manufacturing - Apparel & Accessories industry median of 5.83. Virat Industries' overall GF Score™ is 46/100 with 4 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 Virat Industries (BOM:530521), the current Interest Coverage is 104.89 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 Virat Industries (BOM:530521) Overvalued in 2026?

Based on GuruFocus' analysis, Virat Industries stock appears to be overvalued. The current stock price of ₹445.70 is trading 246.7% above its estimated GF Value™ of ₹128.54. GuruFocus considers Virat Industries to be Significantly Overvalued.

Key valuation signals for BOM:530521:

  • Interest Coverage: 104.89 (486% above median its 10-year median of 17.91)
  • GF Value™: ₹128.54 vs. price of ₹445.70 (246.7% above fair value)
  • GF Score™: 46/100 with 4 warning signs
  • Industry Position: 1699.1% above the Manufacturing - Apparel & Accessories median (#153 of 760)

No single metric tells the full story. See the BOM:530521 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Virat Industries Business Description

Other Exchanges VIRAT:India
Address 226 Rajani Patel Marg, 74, Bajaj Bhavan, Nariman Point, Mumbai, MH, IND, 400 021
Virat Industries Ltd is engaged in the manufacturing of excellent quality socks for export mainly to the European markets. The Company is a manufacturer and Exporter of premium quality of dress and sport socks for Men, Ladies and Children. The Company also manufactures high quality football socks for many clubs of Europe. The socks are knitted and processed on imported machinery. The socks of the Company are exported to Switzerland, U.K and Gulf countries. Key revenue is earned through the Switzerland market, while it also has a presence in the United Kingdom, India, and various other countries.
46GF Score

Get the complete analysis for BOM:530521

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

₹445.70
Price
₹128.54
GF Value