Akshar Spintex (NSE:AKSHAR) Interest Coverage: 0 (At Loss) (As of Mar. 2026)

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NSE:AKSHAR Akshar Spintex Ltd NSE:AKSHAR
39 GF Score
Price ₹0.42
GF Value ₹0.51
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Akshar Spintex Interest Coverage?

Akshar Spintex NSE:AKSHAR 39 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NSE:AKSHAR with a GF Score™ of 39/100 and a GF Value™ of ₹0.51 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 737 Manufacturing - Apparel & Accessories companies, Akshar Spintex ranks worse than 135685.07% 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. Akshar Spintex's Operating Income for the three months ended in Mar. 2026 was ₹-5 Mil. Akshar Spintex's Interest Expense for the three months ended in Mar. 2026 was ₹-1 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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


NSE:AKSHAR's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.28
* Ranked among companies with meaningful Interest Coverage only.

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


Akshar Spintex  (NSE:AKSHAR) 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 .


Akshar Spintex Interest Coverage Related Terms


Akshar Spintex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Akshar 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.

Akshar Spintex Interest Coverage Chart

Akshar Spintex 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 5.04 0.00 4.91 0.00 0.00

Akshar Spintex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 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 0.00 0.00 0.00 0.00 0.00

Akshar Spintex Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Akshar 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.


Akshar Spintex Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Akshar Spintex's Interest Coverage falls into.


NSE:AKSHAR
39GF Score
Akshar Spintex Ltd NSE:AKSHAR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akshar Spintex 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.

Akshar Spintex'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, Akshar Spintex's Interest Expense was ₹-4 Mil. Its Operating Income was ₹-115 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹31 Mil.

Akshar Spintex did not have earnings to cover the interest expense.

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

Here, for the three months ended in Mar. 2026, Akshar Spintex's Interest Expense was ₹-1 Mil. Its Operating Income was ₹-5 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹31 Mil.

Akshar Spintex did not have earnings to cover the 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.

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 (At Loss) mean?
Akshar Spintex (NSE:AKSHAR) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Akshar Spintex and its competitors. According to the industry distribution chart, Akshar Spintex ranks #999999 out of 737 companies in the Manufacturing - Apparel & Accessories industry.
Is Akshar Spintex's Interest Coverage too high?
Akshar Spintex's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Akshar Spintex ranks #999999 out of 737 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Akshar Spintex has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akshar Spintex's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Akshar Spintex ranks #999999 out of 737 companies for Interest Coverage. This places Akshar Spintex in the lower half of its industry. The industry median Interest Coverage is 5.28. 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. 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 Akshar 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. Akshar Spintex's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akshar Spintex stock overvalued right now?
Based on GuruFocus' analysis, Akshar Spintex (NSE:AKSHAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.51, compared to a current price of ₹0.42 — trading 17.6% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Akshar Spintex's overall GF Score™ is 39/100 with 4 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 Akshar Spintex (NSE:AKSHAR), the current Interest Coverage is 0 (At Loss) 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 Akshar Spintex (NSE:AKSHAR) Overvalued in 2026?

Based on GuruFocus' analysis, Akshar Spintex stock appears to be undervalued. The current stock price of ₹0.42 is trading 17.6% below its estimated GF Value™ of ₹0.51. GuruFocus considers Akshar Spintex to be Modestly Undervalued.

Key valuation signals for NSE:AKSHAR:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹0.51 vs. price of ₹0.42 (17.6% below fair value)
  • GF Score™: 39/100 with 4 warning signs

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


Akshar Spintex Business Description

Other Exchanges 541303:India
Address 150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others. It operates under one segment which is Spinning of Cotton Yarn.
39GF Score

Get the complete analysis for NSE:AKSHAR

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

₹0.42
Price
₹0.51
GF Value