Axita Cotton (NSE:AXITA) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


NSE:AXITA Axita Cotton Ltd NSE:AXITA
66 GF Score
Price ₹7.55
GF Value ₹4.87
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Axita Cotton Interest Coverage?

Axita Cotton NSE:AXITA 66 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NSE:AXITA with a GF Score™ of 66/100 and a GF Value™ of ₹4.87 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 736 Manufacturing - Apparel & Accessories companies, Axita Cotton ranks worse than 135869.43% 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. Axita Cotton's Operating Income for the three months ended in Mar. 2026 was ₹-43 Mil. Axita Cotton's Interest Expense for the three months ended in Mar. 2026 was ₹-4 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 Axita Cotton's Interest Coverage or its related term are showing as below:


NSE:AXITA's Interest Coverage is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 5.435
* 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.


Axita Cotton  (NSE:AXITA) 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 .


Axita Cotton Interest Coverage Related Terms


Axita Cotton Interest Coverage Historical Data

* Premium members only.

The historical data trend for Axita Cotton'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.

Axita Cotton Interest Coverage Chart

Axita Cotton 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 5.35 43.47 53.20 0.22 0.21

Axita Cotton Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 0.76 0.00

Axita Cotton Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Axita Cotton'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.


Axita Cotton Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Axita Cotton's Interest Coverage falls into.


NSE:AXITA
66GF Score
Axita Cotton Ltd NSE:AXITA
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axita Cotton 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.

Axita Cotton'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, Axita Cotton's Interest Expense was ₹-18 Mil. Its Operating Income was ₹4 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*3.854/-17.985
=0.21

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

Here, for the three months ended in Mar. 2026, Axita Cotton's Interest Expense was ₹-4 Mil. Its Operating Income was ₹-43 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹9 Mil.

Axita Cotton 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?
Axita Cotton (NSE:AXITA) 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 Axita Cotton and its competitors. According to the industry distribution chart, Axita Cotton ranks #999999 out of 736 companies in the Manufacturing - Apparel & Accessories industry.
Is Axita Cotton's Interest Coverage too high?
Axita Cotton's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Axita Cotton ranks #999999 out of 736 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Axita Cotton has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Axita Cotton's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Axita Cotton ranks #999999 out of 736 companies for Interest Coverage. This places Axita Cotton in the lower half of its industry. The industry median Interest Coverage is 5.44. 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 736 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 Axita Cotton 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. Axita Cotton'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 Axita Cotton stock overvalued right now?
Based on GuruFocus' analysis, Axita Cotton (NSE:AXITA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.87, compared to a current price of ₹7.55 — trading 55% above its estimated fair value. The current Interest Coverage is 0 (At Loss). Axita Cotton's overall GF Score™ is 66/100 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 Axita Cotton (NSE:AXITA), 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 Axita Cotton (NSE:AXITA) Overvalued in 2026?

Based on GuruFocus' analysis, Axita Cotton stock appears to be overvalued. The current stock price of ₹7.55 is trading 55% above its estimated GF Value™ of ₹4.87. GuruFocus considers Axita Cotton to be Significantly Overvalued.

Key valuation signals for NSE:AXITA:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹4.87 vs. price of ₹7.55 (55% above fair value)
  • GF Score™: 66/100 with 2 warning signs

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


Axita Cotton Business Description

Other Exchanges 542285:India
Address Rannade House, First Floor, Opposite Sankalp Grace 3, Near Ishan Bunglows, Shilaj, Ahemdabad, GJ, IND, 380059
Axita Cotton Ltd is an India-based company engaged in the manufacturing, processing, and finishing of Kapas, cotton bales, and cotton seeds. It earns revenue from bales sales domestically, bales sales exports, and Shankar Kapasia.
66GF Score

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

₹7.55
Price
₹4.87
GF Value