Sihora Industries (BOM:544585) Interest Coverage: 0.77 (As of Mar. 2026) — 76% Below Median

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BOM:544585 Sihora Industries Ltd BOM:544585
18 GF Score
Price ₹59.00
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What is Sihora Industries Interest Coverage?

Sihora Industries BOM:544585 18 Interest Coverage is 0.77 as of Mar. 2026, which is 76% below its 10-year median of 3.24. GuruFocus rates BOM:544585 with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 737 Manufacturing - Apparel & Accessories companies, Sihora Industries ranks worse than 94.3% 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. Sihora Industries's Operating Income for the six months ended in Mar. 2026 was ₹0.6 Mil. Sihora Industries's Interest Expense for the six months ended in Mar. 2026 was ₹-0.8 Mil. Sihora Industries's interest coverage for the quarter that ended in Mar. 2026 was 0.77. The higher the ratio, the stronger the company's financial strength is.

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

BOM:544585' s Interest Coverage Range Over the Past 10 Years
Min: 0.77   Med: 3.24   Max: 5.73
Current: 0.77


BOM:544585's Interest Coverage is ranked worse than
94.3% of 737 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.28 vs BOM:544585: 0.77

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


Sihora Industries  (BOM:544585) 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 .


Sihora Industries Interest Coverage Related Terms


Sihora Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sihora Industries'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.

Sihora Industries Interest Coverage Chart

Sihora Industries Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Coverage
1.67 3.29 5.73 3.19

Sihora Industries Semi-Annual Data
Mar23 Mar24 Mar25 Mar26
Interest Coverage N/A N/A 6.08 0.77

Sihora Industries Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Sihora Industries'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.


Sihora Industries Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sihora Industries's Interest Coverage falls into.


BOM:544585
18GF Score
Sihora Industries Ltd BOM:544585
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Sihora Industries 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.

Sihora Industries'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, Sihora Industries's Interest Expense was ₹-3.1 Mil. Its Operating Income was ₹10.0 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*10.006/-3.136
=3.19

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

Here, for the six months ended in Mar. 2026, Sihora Industries's Interest Expense was ₹-0.8 Mil. Its Operating Income was ₹0.6 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*0.612/-0.797
=0.77

* 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 0.77 mean?
Sihora Industries (BOM:544585) has a Interest Coverage of 0.77 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sihora Industries and its competitors. This is 76% below median its historical median of 3.24. Over the past decade, Sihora Industries' Interest Coverage has ranged from 0.77 to 5.73. According to the industry distribution chart, Sihora Industries ranks #695 out of 737 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 94.3%.
Is Sihora Industries' Interest Coverage too high?
Sihora Industries' current Interest Coverage of 0.77 is 76% below median its 10-year median of 3.24. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 5.73. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.28. Sihora Industries' value of 0.77 is 85.4% below this industry median. Based on the distribution chart, Sihora Industries ranks #695 out of 737 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Sihora Industries has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Sihora Industries' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sihora Industries ranks #695 out of 737 companies for Interest Coverage. This places Sihora Industries in the lower half of its industry. The industry median Interest Coverage is 5.28. Sihora Industries' value of 0.77 is 85.4% below this benchmark. Historically, Sihora Industries' own Interest Coverage has ranged from 0.77 to 5.73 over the past decade. While the company's 10-year median is 3.24 vs. the industry median of 5.28, Sihora Industries 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. Sihora Industries's current Interest Coverage of 0.77 is 85.4% 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 Sihora Industries 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. Sihora Industries's current Interest Coverage is 0.77, which is 76% below median its own 10-year median of 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sihora Industries stock overvalued right now?
Sihora Industries (BOM:544585) has a current Interest Coverage of 0.77. The current Interest Coverage is 0.77, which is 76% below median its 10-year median of 3.24 and 85.4% below the Manufacturing - Apparel & Accessories industry median of 5.28. Sihora Industries' overall GF Score™ is 18/100 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 Sihora Industries (BOM:544585), the current Interest Coverage is 0.77 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.

Sihora Industries Business Description

Address Plot 34/D-1, Laxminarayan, BRC Compound, Udhna, Mangrol, Surat, GJ, IND, 394210
Sihora Industries Ltd is engaged in the business of manufacturing and sale of narrow woven fabrics, lace, digitally printed narrow fabrics, woven labels, tapes, zippers, elastics and other textile products, including technical textiles, for use in fashion and industrial sectors. Its business integrates technology with traditional manufacturing processes for apparel clients, proprietary brands, and contract customers. The company manufactures customizable products for brands, retailers, wholesalers, and end consumers.
18GF Score

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