Dollar Industries (NSE:DOLLAR) Interest Coverage: 8.11 (As of Mar. 2026) — 26% Above Median


NSE:DOLLAR Dollar Industries Ltd NSE:DOLLAR
80 GF Score
Price ₹263.10
GF Value ₹537.84
Valuation Possible Value Trap
! 3 Warning Signs
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What is Dollar Industries Interest Coverage?

Dollar Industries NSE:DOLLAR -1.35% 80 Interest Coverage is 8.11 as of Mar. 2026, which is 26% above its 10-year median of 6.42. GuruFocus rates NSE:DOLLAR with a GF Score™ of 80/100 and a GF Value™ of ₹537.84 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 741 Manufacturing - Apparel & Accessories companies, Dollar Industries ranks better than 53.44% 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. Dollar Industries's Operating Income for the three months ended in Mar. 2026 was ₹468 Mil. Dollar Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-58 Mil. Dollar Industries's interest coverage for the quarter that ended in Mar. 2026 was 8.11. The higher the ratio, the stronger the company's financial strength is.

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

NSE:DOLLAR' s Interest Coverage Range Over the Past 10 Years
Min: 4.37   Med: 6.42   Max: 21.44
Current: 6.55


NSE:DOLLAR's Interest Coverage is ranked better than
53.44% of 741 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs NSE:DOLLAR: 6.55

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


Dollar Industries  (NSE:DOLLAR) 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 .


Dollar Industries Interest Coverage Related Terms


Dollar Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Dollar 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.

Dollar Industries Interest Coverage Chart

Dollar Industries 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 21.44 5.89 7.58 5.15 6.55

Dollar Industries 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 6.60 5.17 8.26 4.81 8.11

NSE:DOLLAR vs RL, LEVI, VFC: Interest Coverage Comparison

For the Apparel Manufacturing subindustry, Dollar 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.


Dollar Industries Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:DOLLAR
80GF Score
Dollar Industries Ltd NSE:DOLLAR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dollar 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.

Dollar 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, Dollar Industries's Interest Expense was ₹-244 Mil. Its Operating Income was ₹1,600 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹437 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1600.263/-244.437
=6.55

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

Here, for the three months ended in Mar. 2026, Dollar Industries's Interest Expense was ₹-58 Mil. Its Operating Income was ₹468 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹437 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*468.336/-57.774
=8.11

* 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 8.11 mean?
Dollar Industries (NSE:DOLLAR) has a Interest Coverage of 8.11 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Dollar Industries and its competitors. This is 26% above median its historical median of 6.42. Over the past decade, Dollar Industries' Interest Coverage has ranged from 4.37 to 21.44. According to the industry distribution chart, Dollar Industries ranks #345 out of 741 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46.6%.
Is Dollar Industries' Interest Coverage too high?
Dollar Industries' current Interest Coverage of 8.11 is 26% above median its 10-year median of 6.42. Over the past 10 years, this metric has ranged from a low of 4.37 to a high of 21.44. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Dollar Industries' value of 8.11 is 49.4% above this industry median. Based on the distribution chart, Dollar Industries ranks #345 out of 741 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Dollar Industries has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dollar Industries' Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Dollar Industries ranks #345 out of 741 companies for Interest Coverage. This puts Dollar Industries in the upper half of its industry. The industry median Interest Coverage is 5.43. Dollar Industries' value of 8.11 is 49.4% above this benchmark. Historically, Dollar Industries' own Interest Coverage has ranged from 4.37 to 21.44 over the past decade. While the company's 10-year median is 6.42 vs. the industry median of 5.43, Dollar Industries 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 5.43, based on 741 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. Dollar Industries's current Interest Coverage of 8.11 is 49.4% 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 Dollar Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollar Industries's current Interest Coverage is 8.11, which is 26% above median its own 10-year median of 6.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollar Industries stock overvalued right now?
Based on GuruFocus' analysis, Dollar Industries (NSE:DOLLAR) is currently considered Possible Value Trap. The stock's GF Value™ is ₹537.84, compared to a current price of ₹263.10 — trading 51.1% below its estimated fair value. The current Interest Coverage is 8.11, which is 26% above median its 10-year median of 6.42 and 49.4% above the Manufacturing - Apparel & Accessories industry median of 5.43. Dollar Industries' overall GF Score™ is 80/100 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 Dollar Industries (NSE:DOLLAR), the current Interest Coverage is 8.11 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 Dollar Industries (NSE:DOLLAR) Overvalued in 2026?

Based on GuruFocus' analysis, Dollar Industries stock appears to be undervalued. The current stock price of ₹263.10 is trading 51.1% below its estimated GF Value™ of ₹537.84. GuruFocus considers Dollar Industries to be Possible Value Trap.

Key valuation signals for NSE:DOLLAR:

  • Interest Coverage: 8.11 (26% above median its 10-year median of 6.42)
  • GF Value™: ₹537.84 vs. price of ₹263.10 (51.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 49.4% above the Manufacturing - Apparel & Accessories median (#345 of 741)

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


Dollar Industries Business Description

Other Exchanges 541403:India
Address 32, Jawaharlal Nehru Road, 15th Floor, Om Towers, Kolkata, WB, IND, 700 071
Dollar Industries Ltd is engaged in the manufacture of hosiery products in knitted innerwear, casual wear, and thermal wear. The company is engaged in the manufacturing of garments and hosiery products and generates revenue from the sale of the same. It is also the only reportable segment of the company. Geographically, it derives a majority of its revenue from India. Its brand portfolio includes Dollar Bigboss; Dollar Missy; Force NXT; Dollar Ultra; Dollar Champion; Force Go Wear; Dollar Kids Care; Dollar Lehar; Dollar Comfort; Dollar Commando; Dollar Bravery, and Dollar RKG.
80GF Score

Get the complete analysis for NSE:DOLLAR

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

₹263.10
Price
₹537.84
GF Value