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Shine Fashions (India)BOM:543244 +4.92%74 Interest Coverage is 8.77 as of Mar. 2026, which is 81% below its 10-year median of 46.49. GuruFocus rates BOM:543244 with a GF Score™ of 74/100 and a GF Value™ of ₹56.38 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, Shine Fashions (India) ranks better than 67.39% 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. Shine Fashions (India)'s
Operating Income
for the
six
months ended in Mar. 2026 was ₹48 Mil. Shine Fashions (India)'s Interest Expense for the
six
months ended in Mar. 2026 was ₹-6 Mil.
Shine Fashions (India)'s interest coverage for the quarter that ended in Mar. 2026 was 8.77.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Shine Fashions (India)'s Interest Coverage or its related term are showing as below:
BOM:543244'
s Interest Coverage Range Over the Past 10 Years
Min: 8.51 Med: 46.49 Max: 242.38
Current: 14.2
BOM:543244's Interest Coverage is ranked better than 67.39% of 733
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.44
vs BOM:543244: 14.20
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 .
Shine Fashions (India) Interest Coverage Related Terms
Shine Fashions (India) Interest Coverage Historical Data
* Premium members only.
The historical data trend for Shine Fashions (India)'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.
For the Textile Manufacturing subindustry, Shine Fashions (India)'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.
Shine Fashions (India) Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shine Fashions (India)'s Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shine Fashions (India)'s Interest Coverage falls into.
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:
* 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.
Shine Fashions (India) (BOM:543244) has a Interest Coverage of 8.77 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shine Fashions (India) and its competitors. This is 81% below median its historical median of 46.49. Over the past decade, Shine Fashions (India)'s Interest Coverage has ranged from 8.51 to 242.38. According to the industry distribution chart, Shine Fashions (India) ranks #239 out of 733 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 32.6%.
Is Shine Fashions (India)'s Interest Coverage too high?
Shine Fashions (India)'s current Interest Coverage of 8.77 is 81% below median its 10-year median of 46.49. Over the past 10 years, this metric has ranged from a low of 8.51 to a high of 242.38. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Shine Fashions (India)'s value of 8.77 is 61.2% above this industry median. Based on the distribution chart, Shine Fashions (India) ranks #239 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Shine Fashions (India) has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shine Fashions (India)'s Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shine Fashions (India) ranks #239 out of 733 companies for Interest Coverage. This puts Shine Fashions (India) in the upper half of its industry. The industry median Interest Coverage is 5.44. Shine Fashions (India)'s value of 8.77 is 61.2% above this benchmark. Historically, Shine Fashions (India)'s own Interest Coverage has ranged from 8.51 to 242.38 over the past decade. While the company's 10-year median is 46.49 vs. the industry median of 5.44, Shine Fashions (India) 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 5.44, 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. Shine Fashions (India)'s current Interest Coverage of 8.77 is 61.2% 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 Shine Fashions (India) 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. Shine Fashions (India)'s current Interest Coverage is 8.77, which is 81% below median its own 10-year median of 46.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Fashions (India) stock overvalued right now?
Based on GuruFocus' analysis, Shine Fashions (India) (BOM:543244) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.38, compared to a current price of ₹19.42 — trading 65.6% below its estimated fair value. The current Interest Coverage is 8.77, which is 81% below median its 10-year median of 46.49 and 61.2% above the Manufacturing - Apparel & Accessories industry median of 5.44. Shine Fashions (India)'s overall GF Score™ is 74/100 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 Shine Fashions (India) (BOM:543244), the current Interest Coverage is 8.77 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 Shine Fashions (India) (BOM:543244) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Fashions (India) stock appears to be undervalued.
The current stock price of ₹19.42 is trading 65.6% below its estimated GF Value™ of ₹56.38.
GuruFocus considers Shine Fashions (India) to be Possible Value Trap.
Key valuation signals for BOM:543244:
Interest Coverage: 8.77 (81% below median its 10-year median of 46.49)
GF Value™: ₹56.38 vs. price of ₹19.42 (65.6% below fair value)
Industry Position: 61.2% above the Manufacturing - Apparel & Accessories median (#239 of 733)
No single metric tells the full story. See the BOM:543244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Fashions (India) Ltd imports, supplies, and trades non-woven interlining fabrics, woven fusible interlinings, and microdot fusible interlinings. The company's product portfolio includes Hot Web Adhesive; Woven Stretch Interlining; Cap Interlining; Tricot; Non-Woven Interlining; Cotton Fusible Interlining; and Trafetta. It offers products in white, off-white, black, and charcoal.
74GF Score
Get the complete analysis for BOM:543244
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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