Bannari Amman Spinning MillsNSE:BASML +1.74%66 Interest Coverage is 1.21 as of Mar. 2026, which is 3% above its 10-year median of 1.17. GuruFocus rates NSE:BASML with a GF Score™ of 66/100 and a GF Value™ of ₹33.41 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 742 Manufacturing - Apparel & Accessories companies, Bannari Amman Spinning Mills ranks worse than 82.75% 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. Bannari Amman Spinning Mills's
Operating Income
for the
three
months ended in Mar. 2026 was ₹134 Mil. Bannari Amman Spinning Mills's Interest Expense for the
three
months ended in Mar. 2026 was ₹-112 Mil.
Bannari Amman Spinning Mills's interest coverage for the quarter that ended in Mar. 2026 was 1.21.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Bannari Amman Spinning Mills's Interest Coverage or its related term are showing as below:
NSE:BASML'
s Interest Coverage Range Over the Past 10 Years
Min: 0.06 Med: 1.17 Max: 2.69
Current: 1.35
NSE:BASML's Interest Coverage is ranked worse than 82.75% of 742
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.435
vs NSE:BASML: 1.35
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 .
Bannari Amman Spinning Mills Interest Coverage Related Terms
Bannari Amman Spinning Mills Interest Coverage Historical Data
* 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, Bannari Amman Spinning Mills'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.
Bannari Amman Spinning Mills Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bannari Amman Spinning Mills's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Bannari Amman Spinning Mills'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.
Bannari Amman Spinning Mills (NSE:BASML) has a Interest Coverage of 1.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Bannari Amman Spinning Mills and its competitors. This is near median its historical median of 1.17. Over the past decade, Bannari Amman Spinning Mills' Interest Coverage has ranged from 0.06 to 2.69. According to the industry distribution chart, Bannari Amman Spinning Mills ranks #614 out of 742 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 82.7%.
Is Bannari Amman Spinning Mills' Interest Coverage too high?
Bannari Amman Spinning Mills' current Interest Coverage of 1.21 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 2.69. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.44. Bannari Amman Spinning Mills' value of 1.21 is 77.7% below this industry median. Based on the distribution chart, Bannari Amman Spinning Mills ranks #614 out of 742 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Bannari Amman Spinning Mills has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bannari Amman Spinning Mills' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bannari Amman Spinning Mills ranks #614 out of 742 companies for Interest Coverage. This places Bannari Amman Spinning Mills in the lower half of its industry. The industry median Interest Coverage is 5.44. Bannari Amman Spinning Mills' value of 1.21 is 77.7% below this benchmark. Historically, Bannari Amman Spinning Mills' own Interest Coverage has ranged from 0.06 to 2.69 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 5.44, Bannari Amman Spinning Mills 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 5.44, based on 742 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. Bannari Amman Spinning Mills's current Interest Coverage of 1.21 is 77.7% 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 Bannari Amman Spinning Mills 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. Bannari Amman Spinning Mills's current Interest Coverage is 1.21, which is near median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bannari Amman Spinning Mills stock overvalued right now?
Based on GuruFocus' analysis, Bannari Amman Spinning Mills (NSE:BASML) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹33.41, compared to a current price of ₹28.08 — trading 16% below its estimated fair value. The current Interest Coverage is 1.21, which is near median its 10-year median of 1.17 and 77.7% below the Manufacturing - Apparel & Accessories industry median of 5.44. Bannari Amman Spinning Mills' overall GF Score™ is 66/100 with 3 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 Bannari Amman Spinning Mills (NSE:BASML), the current Interest Coverage is 1.21 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 Bannari Amman Spinning Mills (NSE:BASML) Overvalued in 2026?
Based on GuruFocus' analysis, Bannari Amman Spinning Mills stock appears to be undervalued.
The current stock price of ₹28.08 is trading 16% below its estimated GF Value™ of ₹33.41.
GuruFocus considers Bannari Amman Spinning Mills to be Modestly Undervalued.
Key valuation signals for NSE:BASML:
Interest Coverage: 1.21 (near median its 10-year median of 1.17)
GF Value™: ₹33.41 vs. price of ₹28.08 (16% below fair value)
Industry Position: 77.7% below the Manufacturing - Apparel & Accessories median (#614 of 742)
No single metric tells the full story. See the NSE:BASML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bannari Amman Spinning Mills Ltd is an integrated textile company engaged in the manufacture of cotton yarn, knitted & woven fabrics, processing of fabrics, finished garments, home textiles, and wind power generation. It operates through the Textiles segment. Its divisions include Spinning, Weaving, Knitting, Home Textiles, and Windmills. It has one reportable segment as Textile. Geographically, the group has a business presence in India and other countries, from which key revenue is derived within India.
66GF Score
Get the complete analysis for NSE:BASML
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:BASML has been successfully added to your 
