Kaytex Fabrics (NSE:KAYTEX) Interest Coverage: 5.83 (As of Sep. 2025) — 19% Above Median


NSE:KAYTEX Kaytex Fabrics Ltd NSE:KAYTEX
19 GF Score
Price ₹61.70
! 2 Warning Signs
View Full Analysis

What is Kaytex Fabrics Interest Coverage?

Kaytex Fabrics NSE:KAYTEX +2.75% 19 Interest Coverage is 5.83 as of Sep. 2025, which is 19% above its 10-year median of 4.89. GuruFocus rates NSE:KAYTEX with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Kaytex Fabrics ranks better than 56.56% 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. Kaytex Fabrics's Operating Income for the six months ended in Sep. 2025 was ₹124 Mil. Kaytex Fabrics's Interest Expense for the six months ended in Sep. 2025 was ₹-21 Mil. Kaytex Fabrics's interest coverage for the quarter that ended in Sep. 2025 was 5.83. The higher the ratio, the stronger the company's financial strength is.

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

NSE:KAYTEX' s Interest Coverage Range Over the Past 10 Years
Min: 3.54   Med: 4.89   Max: 7.53
Current: 7.53


NSE:KAYTEX's Interest Coverage is ranked better than
56.56% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs NSE:KAYTEX: 7.53

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


Kaytex Fabrics  (NSE:KAYTEX) 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 .


Kaytex Fabrics Interest Coverage Related Terms


Kaytex Fabrics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Kaytex Fabrics'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.

Kaytex Fabrics Interest Coverage Chart

Kaytex Fabrics Annual Data
Trend Mar22 Mar23 Mar24 Mar25
Interest Coverage
3.54 4.27 5.50 7.08

Kaytex Fabrics Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25
Interest Coverage Get a 7-Day Free Trial N/A N/A 5.13 9.60 5.83

Kaytex Fabrics Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Kaytex Fabrics'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.


Kaytex Fabrics Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Kaytex Fabrics's Interest Coverage falls into.


NSE:KAYTEX
19GF Score
Kaytex Fabrics Ltd NSE:KAYTEX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kaytex Fabrics 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.

Kaytex Fabrics's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Kaytex Fabrics's Interest Expense was ₹-40 Mil. Its Operating Income was ₹285 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹153 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2025 )/Interest Expense (A: Mar. 2025 )
=-1*285.273/-40.319
=7.08

Kaytex Fabrics's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, Kaytex Fabrics's Interest Expense was ₹-21 Mil. Its Operating Income was ₹124 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹127 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*124.36/-21.336
=5.83

* 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 5.83 mean?
Kaytex Fabrics (NSE:KAYTEX) has a Interest Coverage of 5.83 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Kaytex Fabrics and its competitors. This is 19% above median its historical median of 4.89. Over the past decade, Kaytex Fabrics' Interest Coverage has ranged from 3.54 to 7.53. According to the industry distribution chart, Kaytex Fabrics ranks #321 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 43.4%.
Is Kaytex Fabrics' Interest Coverage too high?
Kaytex Fabrics' current Interest Coverage of 5.83 is 19% above median its 10-year median of 4.89. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 7.53. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Kaytex Fabrics' value of 5.83 is 7.4% above this industry median. Based on the distribution chart, Kaytex Fabrics ranks #321 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Kaytex Fabrics has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Kaytex Fabrics' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kaytex Fabrics ranks #321 out of 739 companies for Interest Coverage. This puts Kaytex Fabrics in the upper half of its industry. The industry median Interest Coverage is 5.43. Kaytex Fabrics' value of 5.83 is 7.4% above this benchmark. Historically, Kaytex Fabrics' own Interest Coverage has ranged from 3.54 to 7.53 over the past decade. While the company's 10-year median is 4.89 vs. the industry median of 5.43, Kaytex Fabrics 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 739 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. Kaytex Fabrics's current Interest Coverage of 5.83 is 7.4% 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 Kaytex Fabrics 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. Kaytex Fabrics's current Interest Coverage is 5.83, which is 19% above median its own 10-year median of 4.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaytex Fabrics stock overvalued right now?
Kaytex Fabrics (NSE:KAYTEX) has a current Interest Coverage of 5.83. The current Interest Coverage is 5.83, which is 19% above median its 10-year median of 4.89 and 7.4% above the Manufacturing - Apparel & Accessories industry median of 5.43. Kaytex Fabrics' overall GF Score™ is 19/100 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 Kaytex Fabrics (NSE:KAYTEX), the current Interest Coverage is 5.83 as of Sep. 2025. 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.

Kaytex Fabrics Business Description

Address Batala Road, Post Office Khanna Nagar, Amritsar, PB, IND, 143 001
Kaytex Fabrics Ltd is engaged in manufacturing, buying, selling and exporting fabrics, offering fast-fashion fabric solutions that blend technology, design and craftsmanship. It manages the full process from yarn to finished fabric and specializes in cotton, viscose, modal, acrylic, nylon, linen and polyester. With a focus on digital printing, it delivers designs for the fast-paced fashion industry and also produces womenswear such as ready-to-stitch suits, co-ord sets, shawls, scarves and stoles. The business operates across three areas: supplying fabrics and designs to apparel brands, marketing its own brands Rasiya, Kaytex and Darbaar e Khaas in North India, and providing non-branded fabrics and garments to bulk buyers, wholesalers and retailers. The company operates in India.
19GF Score

Get the complete analysis for NSE:KAYTEX

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

₹61.70
Price