Lux Industries (NSE:LUXIND) Interest Coverage: 5.14 (As of Mar. 2026) — 41% Below Median


NSE:LUXIND Lux Industries Ltd NSE:LUXIND
77 GF Score
Price ₹1,225.40
GF Value ₹1,693.10
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Lux Industries Interest Coverage?

Lux Industries NSE:LUXIND +0.21% 77 Interest Coverage is 5.14 as of Mar. 2026, which is 41% below its 10-year median of 8.69. GuruFocus rates NSE:LUXIND with a GF Score™ of 77/100 and a GF Value™ of ₹1,693.10 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Lux Industries ranks worse than 55.35% 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. Lux Industries's Operating Income for the three months ended in Mar. 2026 was ₹563 Mil. Lux Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-110 Mil. Lux Industries's interest coverage for the quarter that ended in Mar. 2026 was 5.14. The higher the ratio, the stronger the company's financial strength is.

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

NSE:LUXIND' s Interest Coverage Range Over the Past 10 Years
Min: 3.96   Med: 8.69   Max: 31.51
Current: 3.96


NSE:LUXIND's Interest Coverage is ranked worse than
55.35% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs NSE:LUXIND: 3.96

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


Lux Industries  (NSE:LUXIND) 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 .


Lux Industries Interest Coverage Related Terms


Lux Industries Interest Coverage Historical Data

* Premium members only.

The historical data trend for Lux 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.

Lux Industries Interest Coverage Chart

Lux 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 30.06 8.39 8.99 10.14 3.96

Lux 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 11.47 4.19 3.55 2.90 5.14

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

For the Apparel Manufacturing subindustry, Lux 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.


Lux Industries Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:LUXIND
77GF Score
Lux Industries Ltd NSE:LUXIND
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lux 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.

Lux 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, Lux Industries's Interest Expense was ₹-377 Mil. Its Operating Income was ₹1,493 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹289 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1492.6/-377.2
=3.96

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

Here, for the three months ended in Mar. 2026, Lux Industries's Interest Expense was ₹-110 Mil. Its Operating Income was ₹563 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹289 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*563.3/-109.6
=5.14

* 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 5.14 mean?
Lux Industries (NSE:LUXIND) has a Interest Coverage of 5.14 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Lux Industries and its competitors. This is 41% below median its historical median of 8.69. Over the past decade, Lux Industries' Interest Coverage has ranged from 3.96 to 31.51. According to the industry distribution chart, Lux Industries ranks #409 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 55.3%.
Is Lux Industries' Interest Coverage too high?
Lux Industries' current Interest Coverage of 5.14 is 41% below median its 10-year median of 8.69. Over the past 10 years, this metric has ranged from a low of 3.96 to a high of 31.51. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Lux Industries' value of 5.14 is 5.3% below this industry median. Based on the distribution chart, Lux Industries ranks #409 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Lux Industries has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Lux Industries' Interest Coverage compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Lux Industries ranks #409 out of 739 companies for Interest Coverage. This places Lux Industries in the lower half of its industry. The industry median Interest Coverage is 5.43. Lux Industries' value of 5.14 is 5.3% below this benchmark. Historically, Lux Industries' own Interest Coverage has ranged from 3.96 to 31.51 over the past decade. While the company's 10-year median is 8.69 vs. the industry median of 5.43, Lux Industries 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 5.43, 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. Lux Industries's current Interest Coverage of 5.14 is 5.3% 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 Lux 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. Lux Industries's current Interest Coverage is 5.14, which is 41% below median its own 10-year median of 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lux Industries stock overvalued right now?
Based on GuruFocus' analysis, Lux Industries (NSE:LUXIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,693.10, compared to a current price of ₹1,225.40 — trading 27.6% below its estimated fair value. The current Interest Coverage is 5.14, which is 41% below median its 10-year median of 8.69 and 5.3% below the Manufacturing - Apparel & Accessories industry median of 5.43. Lux Industries' overall GF Score™ is 77/100 with 6 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 Lux Industries (NSE:LUXIND), the current Interest Coverage is 5.14 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 Lux Industries (NSE:LUXIND) Overvalued in 2026?

Based on GuruFocus' analysis, Lux Industries stock appears to be undervalued. The current stock price of ₹1,225.40 is trading 27.6% below its estimated GF Value™ of ₹1,693.10. GuruFocus considers Lux Industries to be Modestly Undervalued.

Key valuation signals for NSE:LUXIND:

  • Interest Coverage: 5.14 (41% below median its 10-year median of 8.69)
  • GF Value™: ₹1,693.10 vs. price of ₹1,225.40 (27.6% below fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 5.3% below the Manufacturing - Apparel & Accessories median (#409 of 739)

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


Lux Industries Business Description

Other Exchanges 539542:India
Address BN-5, Sector V, Adventz Infinity 5, 17th Floor, Bidhannagar, Kolkata, WB, IND, 700091
Lux Industries Ltd is an Indian company that is engaged in manufacturing and sales of knitwear for men, women, and children. The company's products include briefs, trunks, drawers, vests, Bermudas, t-shirts, socks, leggings, bloomers, slacks and slips, and winter wear. It has three distinct business verticals each specializing in the production, marketing, and distribution of products under various brands such as; Vertical A comprises Lux Cozi, ONN, Lux Cotts wool, Lux Mozze, and One8 brands; Vertical B includes Lux Venus, Lyra, Lux Inferno, and Lux Nitro; and Vertical C includes GenX, Lux Classic, Lux Karishma, and Lux Amore brands. Maximum revenue is generated from Verticle B. Geographically, it caters to both domestic and international markets and derives its key revenue within India.
77GF Score

Get the complete analysis for NSE:LUXIND

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

₹1,225.40
Price
₹1,693.10
GF Value