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Shanti SpintexBOM:544059 +4.30%44 Interest Coverage is 2.01 as of Mar. 2026, which is 55% below its 10-year median of 4.45. GuruFocus rates BOM:544059 with a GF Score™ of 44/100. The stock has 5 warning signs investors should review. Among 737 Manufacturing - Apparel & Accessories companies, Shanti Spintex ranks worse than 57.12% 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. Shanti Spintex's
Operating Income
for the
six
months ended in Mar. 2026 was ₹34 Mil. Shanti Spintex's Interest Expense for the
six
months ended in Mar. 2026 was ₹-17 Mil.
Shanti Spintex's interest coverage for the quarter that ended in Mar. 2026 was 2.01.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Shanti Spintex's Interest Coverage or its related term are showing as below:
BOM:544059'
s Interest Coverage Range Over the Past 10 Years
Min: 2.84 Med: 4.45 Max: 9.35
Current: 3.75
BOM:544059's Interest Coverage is ranked worse than 57.12% of 737
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.28
vs BOM:544059: 3.75
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 .
Shanti Spintex Interest Coverage Related Terms
Shanti Spintex Interest Coverage Historical Data
* Premium members only.
The historical data trend for Shanti Spintex'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, Shanti Spintex'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.
Shanti Spintex Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Shanti Spintex's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Shanti Spintex'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.
Shanti Spintex (BOM:544059) has a Interest Coverage of 2.01 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shanti Spintex and its competitors. This is 55% below median its historical median of 4.45. Over the past decade, Shanti Spintex's Interest Coverage has ranged from 2.84 to 9.35. According to the industry distribution chart, Shanti Spintex ranks #421 out of 737 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 57.1%.
Is Shanti Spintex's Interest Coverage too high?
Shanti Spintex's current Interest Coverage of 2.01 is 55% below median its 10-year median of 4.45. Over the past 10 years, this metric has ranged from a low of 2.84 to a high of 9.35. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.28. Shanti Spintex's value of 2.01 is 61.9% below this industry median. Based on the distribution chart, Shanti Spintex ranks #421 out of 737 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Shanti Spintex has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shanti Spintex ranks #421 out of 737 companies for Interest Coverage. This places Shanti Spintex in the lower half of its industry. The industry median Interest Coverage is 5.28. Shanti Spintex's value of 2.01 is 61.9% below this benchmark. Historically, Shanti Spintex's own Interest Coverage has ranged from 2.84 to 9.35 over the past decade. While the company's 10-year median is 4.45 vs. the industry median of 5.28, Shanti Spintex 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 5.28, 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. Shanti Spintex's current Interest Coverage of 2.01 is 61.9% 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 Shanti Spintex 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. Shanti Spintex's current Interest Coverage is 2.01, which is 55% below median its own 10-year median of 4.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current Interest Coverage of 2.01. The current Interest Coverage is 2.01, which is 55% below median its 10-year median of 4.45 and 61.9% below the Manufacturing - Apparel & Accessories industry median of 5.28. Shanti Spintex's overall GF Score™ is 44/100 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 Shanti Spintex (BOM:544059), the current Interest Coverage is 2.01 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.
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
44GF Score
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