Maral Overseas (NSE:MARALOVER) Interest Coverage: 1.16 (As of Mar. 2026) — Near Median


NSE:MARALOVER Maral Overseas Ltd NSE:MARALOVER
68 GF Score
Price ₹51.81
GF Value ₹70.08
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Maral Overseas Interest Coverage?

Maral Overseas NSE:MARALOVER -1.63% 68 Interest Coverage is 1.16 as of Mar. 2026, which is 1% below its 10-year median of 1.17. GuruFocus rates NSE:MARALOVER with a GF Score™ of 68/100 and a GF Value™ of ₹70.08 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 734 Manufacturing - Apparel & Accessories companies, Maral Overseas ranks worse than 97% 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. Maral Overseas's Operating Income for the three months ended in Mar. 2026 was ₹104 Mil. Maral Overseas's Interest Expense for the three months ended in Mar. 2026 was ₹-89 Mil. Maral Overseas's interest coverage for the quarter that ended in Mar. 2026 was 1.16. The higher the ratio, the stronger the company's financial strength is.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Maral Overseas Ltds earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.

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

NSE:MARALOVER' s Interest Coverage Range Over the Past 10 Years
Min: 0.36   Med: 1.17   Max: 4.77
Current: 0.42


NSE:MARALOVER's Interest Coverage is ranked worse than
97% of 734 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.445 vs NSE:MARALOVER: 0.42

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


Maral Overseas  (NSE:MARALOVER) 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 .


Maral Overseas Interest Coverage Related Terms


Maral Overseas Interest Coverage Historical Data

* Premium members only.

The historical data trend for Maral Overseas'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.

Maral Overseas Interest Coverage Chart

Maral Overseas 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 4.77 0.00 0.36 0.00 0.42

Maral Overseas 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 0.18 0.00 0.15 1.21 1.16

Maral Overseas Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Maral Overseas'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.


Maral Overseas Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Maral Overseas's Interest Coverage falls into.


NSE:MARALOVER
68GF Score
Maral Overseas Ltd NSE:MARALOVER
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maral Overseas 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.

Maral Overseas'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, Maral Overseas's Interest Expense was ₹-375 Mil. Its Operating Income was ₹157 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,303 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*157.279/-374.986
=0.42

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

Here, for the three months ended in Mar. 2026, Maral Overseas's Interest Expense was ₹-89 Mil. Its Operating Income was ₹104 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹1,303 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*103.502/-89.428
=1.16

* 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 1.16 mean?
Maral Overseas (NSE:MARALOVER) has a Interest Coverage of 1.16 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Maral Overseas and its competitors. This is near median its historical median of 1.17. Over the past decade, Maral Overseas' Interest Coverage has ranged from 0.36 to 4.77. According to the industry distribution chart, Maral Overseas ranks #712 out of 734 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 97%.
Is Maral Overseas' Interest Coverage too high?
Maral Overseas' current Interest Coverage of 1.16 is near median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 4.77. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.45. Maral Overseas' value of 1.16 is 78.7% below this industry median. Based on the distribution chart, Maral Overseas ranks #712 out of 734 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Maral Overseas has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maral Overseas' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Maral Overseas ranks #712 out of 734 companies for Interest Coverage. This places Maral Overseas in the lower half of its industry. The industry median Interest Coverage is 5.45. Maral Overseas' value of 1.16 is 78.7% below this benchmark. Historically, Maral Overseas' own Interest Coverage has ranged from 0.36 to 4.77 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 5.45, Maral Overseas 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 5.45, based on 734 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. Maral Overseas's current Interest Coverage of 1.16 is 78.7% 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 Maral Overseas and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maral Overseas's current Interest Coverage is 1.16, 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 Maral Overseas stock overvalued right now?
Based on GuruFocus' analysis, Maral Overseas (NSE:MARALOVER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹70.08, compared to a current price of ₹51.81 — trading 26.1% below its estimated fair value. The current Interest Coverage is 1.16, which is near median its 10-year median of 1.17 and 78.7% below the Manufacturing - Apparel & Accessories industry median of 5.45. Maral Overseas' overall GF Score™ is 68/100 with 7 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 Maral Overseas (NSE:MARALOVER), the current Interest Coverage is 1.16 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 Maral Overseas (NSE:MARALOVER) Overvalued in 2026?

Based on GuruFocus' analysis, Maral Overseas stock appears to be undervalued. The current stock price of ₹51.81 is trading 26.1% below its estimated GF Value™ of ₹70.08. GuruFocus considers Maral Overseas to be Modestly Undervalued.

Key valuation signals for NSE:MARALOVER:

  • Interest Coverage: 1.16 (near median its 10-year median of 1.17)
  • GF Value™: ₹70.08 vs. price of ₹51.81 (26.1% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 78.7% below the Manufacturing - Apparel & Accessories median (#712 of 734)

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


Maral Overseas Business Description

Other Exchanges 521018:India
Address Bhilwara Towers, A-12, Sector-1, NCR-Delhi, Noida, UP, IND, 201301
Maral Overseas Ltd is a textile manufacturing company. The company's business is organized into the following product segments: yarn, fabric, and Garment. It manufactures garments for various categories like Activewear, Casual wear, and Sleepwear for men and Ladies in Conventional and Organic, Fair Trade garments, and soft toys for infants, and kids.
68GF Score

Get the complete analysis for NSE:MARALOVER

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

₹51.81
Price
₹70.08
GF Value