Mahaalaxmi Texpro (BOM:532831) Interest Coverage: No Debt (1) (As of Mar. 2026) — 100% Below Median

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What is Mahaalaxmi Texpro Interest Coverage?

Mahaalaxmi Texpro BOM:532831 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 10,000.00. The stock has 2 warning signs investors should review.

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. Mahaalaxmi Texpro's Operating Income for the three months ended in Mar. 2026 was ₹-1.53 Mil. Mahaalaxmi Texpro's Interest Expense for the three months ended in Mar. 2026 was ₹0.00 Mil. Mahaalaxmi Texpro has no debt. The higher the ratio, the stronger the company's financial strength is.

(1) 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.

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

BOM:532831' s Interest Coverage Range Over the Past 10 Years
Min: No Debt   Med: No Debt   Max: No Debt
Current: No Debt


BOM:532831's Interest Coverage is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.28 vs BOM:532831: No Debt

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


Mahaalaxmi Texpro  (BOM:532831) 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 .


Mahaalaxmi Texpro Interest Coverage Related Terms


Mahaalaxmi Texpro Interest Coverage Historical Data

* Premium members only.

The historical data trend for Mahaalaxmi Texpro'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.

Mahaalaxmi Texpro Interest Coverage Chart

Mahaalaxmi Texpro 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 0.00 0.00 0.00 0.00 No Debt

Mahaalaxmi Texpro 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 0.00 No Debt No Debt No Debt No Debt

Mahaalaxmi Texpro Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Mahaalaxmi Texpro'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.


Mahaalaxmi Texpro Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Mahaalaxmi Texpro's Interest Coverage falls into.



Mahaalaxmi Texpro 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.

Mahaalaxmi Texpro'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, Mahaalaxmi Texpro's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-14.36 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Mahaalaxmi Texpro had no debt (1).

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

Here, for the three months ended in Mar. 2026, Mahaalaxmi Texpro's Interest Expense was ₹0.00 Mil. Its Operating Income was ₹-1.53 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.00 Mil.

Mahaalaxmi Texpro had no debt (1).

* 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 No Debt <sup>(1)</sup> mean?
Mahaalaxmi Texpro (BOM:532831) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mahaalaxmi Texpro and its competitors. This is 100% below median its historical median of 10,000.00. Over the past decade, Mahaalaxmi Texpro's Interest Coverage has ranged from 10,000.00 to 10,000.00.
Is Mahaalaxmi Texpro's Interest Coverage too high?
Mahaalaxmi Texpro's current Interest Coverage of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00.
How does Mahaalaxmi Texpro's Interest Coverage compare to competitors?
Mahaalaxmi Texpro's Interest Coverage of No Debt (1) can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Interest Coverage is 5.28. Historically, Mahaalaxmi Texpro's own Interest Coverage has ranged from 10,000.00 to 10,000.00 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 Mahaalaxmi Texpro 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. Mahaalaxmi Texpro's current Interest Coverage is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahaalaxmi Texpro stock overvalued right now?
Mahaalaxmi Texpro (BOM:532831) has a current Interest Coverage of No Debt (1). The stock's GF Value™ is ₹0.79, compared to a current price of ₹22.80 — trading 2786.1% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 100% below median its 10-year median of 10,000.00. 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 Mahaalaxmi Texpro (BOM:532831), the current Interest Coverage is No Debt (1) 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.

Mahaalaxmi Texpro Business Description

Address Kolhapur-Hupari Road, Gat No. 148, Tamgaon, Taluka Karveer, Kolhapur, MH, IND, 416234
Mahaalaxmi Texpro Ltd is engaged in the textile business. The company manufactures cotton yarn and dyed yarn shirting fabrics. It produces specialty yarns for various uses in weaving, as well as knitting applications. The bulk of its production goes for yarn dyed fabric varieties.