Bindal Exports (BOM:540148) Interest Coverage: 4.56 (As of Mar. 2026) — 171% Above Median


BOM:540148 Bindal Exports Ltd BOM:540148
53 GF Score
Price ₹27.80
GF Value ₹20.69
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Bindal Exports Interest Coverage?

Bindal Exports BOM:540148 53 Interest Coverage is 4.56 as of Mar. 2026, which is 171% above its 10-year median of 1.68. GuruFocus rates BOM:540148 with a GF Score™ of 53/100 and a GF Value™ of ₹20.69 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, Bindal Exports ranks better than 69.71% 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. Bindal Exports's Operating Income for the six months ended in Mar. 2026 was ₹0.7 Mil. Bindal Exports's Interest Expense for the six months ended in Mar. 2026 was ₹-0.1 Mil. Bindal Exports's interest coverage for the quarter that ended in Mar. 2026 was 4.56. The higher the ratio, the stronger the company's financial strength is.

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

BOM:540148' s Interest Coverage Range Over the Past 10 Years
Min: 1.33   Med: 1.68   Max: 15.99
Current: 15.98


BOM:540148's Interest Coverage is ranked better than
69.71% of 733 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.45 vs BOM:540148: 15.98

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


Bindal Exports  (BOM:540148) 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 .


Bindal Exports Interest Coverage Related Terms


Bindal Exports Interest Coverage Historical Data

* Premium members only.

The historical data trend for Bindal Exports'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.

Bindal Exports Interest Coverage Chart

Bindal Exports 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 2.11 2.15 1.33 2.57 15.99

Bindal Exports Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.06 2.17 3.21 37.19 4.56

Bindal Exports Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Bindal Exports'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.


Bindal Exports Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Bindal Exports's Interest Coverage falls into.


BOM:540148
53GF Score
Bindal Exports Ltd BOM:540148
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bindal Exports 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.

Bindal Exports'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, Bindal Exports's Interest Expense was ₹-0.2 Mil. Its Operating Income was ₹3.5 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*3.517/-0.22
=15.99

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

Here, for the six months ended in Mar. 2026, Bindal Exports's Interest Expense was ₹-0.1 Mil. Its Operating Income was ₹0.7 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*0.652/-0.143
=4.56

* 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 4.56 mean?
Bindal Exports (BOM:540148) has a Interest Coverage of 4.56 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bindal Exports and its competitors. This is 171% above median its historical median of 1.68. Over the past decade, Bindal Exports' Interest Coverage has ranged from 1.33 to 15.99. According to the industry distribution chart, Bindal Exports ranks #222 out of 733 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 30.3%.
Is Bindal Exports' Interest Coverage too high?
Bindal Exports' current Interest Coverage of 4.56 is 171% above median its 10-year median of 1.68. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 15.99. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.45. Bindal Exports' value of 4.56 is 16.3% below this industry median. Based on the distribution chart, Bindal Exports ranks #222 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bindal Exports has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bindal Exports' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bindal Exports ranks #222 out of 733 companies for Interest Coverage. This puts Bindal Exports in the upper half of its industry. The industry median Interest Coverage is 5.45. Bindal Exports' value of 4.56 is 16.3% below this benchmark. Historically, Bindal Exports' own Interest Coverage has ranged from 1.33 to 15.99 over the past decade. While the company's 10-year median is 1.68 vs. the industry median of 5.45, Bindal Exports has consistently been below 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 5.45, 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. Bindal Exports's current Interest Coverage of 4.56 is 16.3% below 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 Bindal Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bindal Exports's current Interest Coverage is 4.56, which is 171% above median its own 10-year median of 1.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bindal Exports stock overvalued right now?
Based on GuruFocus' analysis, Bindal Exports (BOM:540148) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹20.69, compared to a current price of ₹27.80 — trading 34.4% above its estimated fair value. The current Interest Coverage is 4.56, which is 171% above median its 10-year median of 1.68 and 16.3% below the Manufacturing - Apparel & Accessories industry median of 5.45. Bindal Exports' overall GF Score™ is 53/100 with 7 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 Bindal Exports (BOM:540148), the current Interest Coverage is 4.56 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 Bindal Exports (BOM:540148) Overvalued in 2026?

Based on GuruFocus' analysis, Bindal Exports stock appears to be overvalued. The current stock price of ₹27.80 is trading 34.4% above its estimated GF Value™ of ₹20.69. GuruFocus considers Bindal Exports to be Significantly Overvalued.

Key valuation signals for BOM:540148:

  • Interest Coverage: 4.56 (171% above median its 10-year median of 1.68)
  • GF Value™: ₹20.69 vs. price of ₹27.80 (34.4% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 16.3% below the Manufacturing - Apparel & Accessories median (#222 of 733)

No single metric tells the full story. See the BOM:540148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bindal Exports Business Description

Address Surat-Kadodara Road, Block No. 270, Bindal House, Near Kumbharia Bus Stand, Kumbharia, Choryasi, Surat, GJ, IND, 395010
Bindal Exports Ltd is involved in the manufacturing and export of textiles, garments, and made-ups. The company specializes in diverse international styles, varied colors, and specialty finishes, which are tailor-made to customers' requirements. Its fabric portfolio comprises different blends of polyester, rayon, cotton, satin, chiffon, knitted fabric, viscose, etc., which are supplied in domestic and international markets. It derives the majority of its revenue from Fabrics and Fants.
53GF Score

Get the complete analysis for BOM:540148

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

₹27.80
Price
₹20.69
GF Value