Binny Mills (BOM:535620) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


BOM:535620 Binny Mills Ltd BOM:535620
59 GF Score
Price ₹340.00
GF Value ₹328.43
Valuation Fairly Valued
! 5 Warning Signs
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What is Binny Mills Interest Coverage?

Binny Mills BOM:535620 59 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates BOM:535620 with a GF Score™ of 59/100 and a GF Value™ of ₹328.43 (Fairly Valued). The stock has 5 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, Binny Mills ranks worse than 100% 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. Binny Mills's Operating Income for the three months ended in Mar. 2026 was ₹-0.72 Mil. Binny Mills's Interest Expense for the three months ended in Mar. 2026 was ₹-93.98 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Binny Mills Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

BOM:535620' s Interest Coverage Range Over the Past 10 Years
Min: 0.03   Med: 2.39   Max: 21.36
Current: 0.03


BOM:535620's Interest Coverage is ranked worse than
100% of 733 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.44 vs BOM:535620: 0.03

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


Binny Mills  (BOM:535620) 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 .


Binny Mills Interest Coverage Related Terms


Binny Mills Interest Coverage Historical Data

* Premium members only.

The historical data trend for Binny Mills'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.

Binny Mills Interest Coverage Chart

Binny Mills 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 2.76 1.89 21.36 0.00 0.03

Binny Mills 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 0.14 0.00 0.13 0.09 0.00

Binny Mills Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Binny Mills'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.


Binny Mills Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Binny Mills's Interest Coverage falls into.


BOM:535620
59GF Score
Binny Mills Ltd BOM:535620
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Binny Mills 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.

Binny Mills'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, Binny Mills's Interest Expense was ₹-188.96 Mil. Its Operating Income was ₹5.90 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,447.09 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*5.904/-188.964
=0.03

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

Here, for the three months ended in Mar. 2026, Binny Mills's Interest Expense was ₹-93.98 Mil. Its Operating Income was ₹-0.72 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,447.09 Mil.

Binny Mills 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?
Binny Mills (BOM:535620) 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 Binny Mills and its competitors. Over the past decade, Binny Mills' Interest Coverage has ranged from 0.03 to 21.36. According to the industry distribution chart, Binny Mills ranks #733 out of 733 companies in the Manufacturing - Apparel & Accessories industry.
Is Binny Mills' Interest Coverage too high?
Binny Mills' current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 21.36. Based on the distribution chart, Binny Mills ranks #733 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Binny Mills has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Binny Mills' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Binny Mills ranks #733 out of 733 companies for Interest Coverage. This places Binny Mills in the lower half of its industry. The industry median Interest Coverage is 5.44. Historically, Binny Mills' own Interest Coverage has ranged from 0.03 to 21.36 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 5.44, based on 733 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 Binny Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Binny Mills'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 Binny Mills stock overvalued right now?
Based on GuruFocus' analysis, Binny Mills (BOM:535620) is currently considered Fairly Valued. The stock's GF Value™ is ₹328.43, compared to a current price of ₹340.00 — trading 3.5% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Binny Mills' overall GF Score™ is 59/100 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 Binny Mills (BOM:535620), 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 Binny Mills (BOM:535620) Overvalued in 2026?

Based on GuruFocus' analysis, Binny Mills stock appears to be overvalued. The current stock price of ₹340.00 is trading 3.5% above its estimated GF Value™ of ₹328.43. GuruFocus considers Binny Mills to be Fairly Valued.

Key valuation signals for BOM:535620:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹328.43 vs. price of ₹340.00 (3.5% above fair value)
  • GF Score™: 59/100 with 5 warning signs

No single metric tells the full story. See the BOM:535620 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Binny Mills Business Description

Address TCP Sapthagiri Bhavan, New No. 4, Old No. 10, Karpagambal Nagar, Mylapore, Chennai, TN, IND, 600004
Binny Mills Ltd is engaged in the retail trading of textile products. The business activity of the firm is operated through three divisions namely Warehousing, Showrooms, and Textiles. The Warehousing division has rented its warehouses and is deriving rental income from it. The Showrooms are engaged in the retail selling of textile materials and the Textile division is engaged in selling textile materials, particularly uniform materials, bedspreads, and other textile varieties. The company generates the majority of its revenue from the Warehousing division.
59GF Score

Get the complete analysis for BOM:535620

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

₹340.00
Price
₹328.43
GF Value