Borana Weaves (BOM:544404) Interest Coverage: 25.53 (As of Mar. 2026) — 157% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:544404 Borana Weaves Ltd BOM:544404
29 GF Score
Price ₹304.55
! 2 Warning Signs
View Full Analysis

What is Borana Weaves Interest Coverage?

Borana Weaves BOM:544404 +1.10% 29 Interest Coverage is 25.53 as of Mar. 2026, which is 157% above its 10-year median of 9.92. GuruFocus rates BOM:544404 with a GF Score™ of 29/100. The stock has 2 warning signs investors should review. Among 733 Manufacturing - Apparel & Accessories companies, Borana Weaves ranks better than 73.67% 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. Borana Weaves's Operating Income for the three months ended in Mar. 2026 was ₹201 Mil. Borana Weaves's Interest Expense for the three months ended in Mar. 2026 was ₹-8 Mil. Borana Weaves's interest coverage for the quarter that ended in Mar. 2026 was 25.53. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544404' s Interest Coverage Range Over the Past 10 Years
Min: 2.58   Med: 9.92   Max: 21.12
Current: 21.12


BOM:544404's Interest Coverage is ranked better than
73.67% of 733 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.44 vs BOM:544404: 21.12

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


Borana Weaves  (BOM:544404) 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 .


Borana Weaves Interest Coverage Related Terms


Borana Weaves Interest Coverage Historical Data

* Premium members only.

The historical data trend for Borana Weaves'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.

Borana Weaves Interest Coverage Chart

Borana Weaves Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
2.58 10.01 7.68 9.92 21.12

Borana Weaves Quarterly Data
Mar22 Mar23 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 12.59 14.37 19.86 26.43 25.53

Borana Weaves Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Borana Weaves'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.


Borana Weaves Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Borana Weaves's Interest Coverage falls into.


BOM:544404
29GF Score
Borana Weaves Ltd BOM:544404
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Borana Weaves 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.

Borana Weaves'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, Borana Weaves's Interest Expense was ₹-35 Mil. Its Operating Income was ₹737 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹566 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*737.068/-34.905
=21.12

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

Here, for the three months ended in Mar. 2026, Borana Weaves's Interest Expense was ₹-8 Mil. Its Operating Income was ₹201 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹566 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*200.536/-7.855
=25.53

* 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 25.53 mean?
Borana Weaves (BOM:544404) has a Interest Coverage of 25.53 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Borana Weaves and its competitors. This is 157% above median its historical median of 9.92. Over the past decade, Borana Weaves' Interest Coverage has ranged from 2.58 to 21.12. According to the industry distribution chart, Borana Weaves ranks #193 out of 733 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 26.3%.
Is Borana Weaves' Interest Coverage too high?
Borana Weaves' current Interest Coverage of 25.53 is 157% above median its 10-year median of 9.92. Over the past 10 years, this metric has ranged from a low of 2.58 to a high of 21.12. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Borana Weaves' value of 25.53 is 369.3% above this industry median. Based on the distribution chart, Borana Weaves ranks #193 out of 733 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Borana Weaves has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Borana Weaves' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Borana Weaves ranks #193 out of 733 companies for Interest Coverage. This puts Borana Weaves in the upper half of its industry. The industry median Interest Coverage is 5.44. Borana Weaves' value of 25.53 is 369.3% above this benchmark. Historically, Borana Weaves' own Interest Coverage has ranged from 2.58 to 21.12 over the past decade. While the company's 10-year median is 9.92 vs. the industry median of 5.44, Borana Weaves 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. Borana Weaves's current Interest Coverage of 25.53 is 369.3% 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 Borana Weaves 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. Borana Weaves's current Interest Coverage is 25.53, which is 157% above median its own 10-year median of 9.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borana Weaves stock overvalued right now?
Borana Weaves (BOM:544404) has a current Interest Coverage of 25.53. The current Interest Coverage is 25.53, which is 157% above median its 10-year median of 9.92 and 369.3% above the Manufacturing - Apparel & Accessories industry median of 5.44. Borana Weaves' overall GF Score™ is 29/100 with 2 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 Borana Weaves (BOM:544404), the current Interest Coverage is 25.53 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.

Borana Weaves Business Description

Other Exchanges BORANA:India
Address Hojiwala Industrial Estate, Plot No AA/34, B 16/16, SUSML, Sachin, Surat, GJ, IND, 394230
Borana Weaves Ltd is a manufacturer of unbleached synthetic grey fabric based in Surat, Gujarat. The company's unbleached synthetic grey fabric is often widely used as a base for further processing (including dyeing and printing) in industries such as fashion, traditional textiles, technical textiles, home decor, interior design and others.
29GF Score

Get the complete analysis for BOM:544404

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

₹304.55
Price