Neelam Linens and Garments (India)NSE:NEELAM 10 Interest Coverage is 1.75 as of Mar. 2025, which is 10% above its 10-year median of 1.59. GuruFocus rates NSE:NEELAM with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 293 Furnishings, Fixtures & Appliances companies, Neelam Linens and Garments (India) ranks worse than 85.32% 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. Neelam Linens and Garments (India)'s
Operating Income
for the
six
months ended in Mar. 2025 was ₹97 Mil. Neelam Linens and Garments (India)'s Interest Expense for the
six
months ended in Mar. 2025 was ₹-55 Mil.
Neelam Linens and Garments (India)'s interest coverage for the quarter that ended in Mar. 2025 was 1.75.
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. Neelam Linens and Garments (India) Ltd interest coverage is 1.75, which is low.
The historical rank and industry rank for Neelam Linens and Garments (India)'s Interest Coverage or its related term are showing as below:
NSE:NEELAM'
s Interest Coverage Range Over the Past 10 Years
Min: 0.44 Med: 1.59 Max: 1.75
Current: 1.75
NSE:NEELAM's Interest Coverage is ranked worse than 85.32% of 293
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 11.05
vs NSE:NEELAM: 1.75
Neelam Linens and Garments (India) (NSE:NEELAM) 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 .
Neelam Linens and Garments (India) Interest Coverage Related Terms
Neelam Linens and Garments (India) 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.
Neelam Linens and Garments (India) Interest Coverage Chart
Neelam Linens and Garments (India) Annual Data
Trend
Mar21
Mar22
Mar23
Mar24
Mar25
Interest Coverage
0.44
1.59
1.62
1.25
1.75
Neelam Linens and Garments (India) Semi-Annual Data
Mar21
Mar22
Mar23
Mar24
Mar25
Interest Coverage
0.44
1.59
1.62
1.25
1.75
NSE:NEELAM vs SN, SGI, MHK: Interest Coverage Comparison
For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (India)'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.
Neelam Linens and Garments (India) Interest Coverage vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neelam Linens and Garments (India)'s Interest Coverage distribution charts can be found below:
* The bar in red indicates where Neelam Linens and Garments (India)'s Interest Coverage falls into.
Neelam Linens and Garments (India) 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:
* 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.
Neelam Linens and Garments (India) (NSE:NEELAM) has a Interest Coverage of 1.75 as of Mar. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Neelam Linens and Garments (India) and its competitors. This is 10% above median its historical median of 1.59. Over the past decade, Neelam Linens and Garments (India)'s Interest Coverage has ranged from 0.44 to 1.75. According to the industry distribution chart, Neelam Linens and Garments (India) ranks #250 out of 293 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 85.3%.
Is Neelam Linens and Garments (India)'s Interest Coverage too high?
Neelam Linens and Garments (India)'s current Interest Coverage of 1.75 is 10% above median its 10-year median of 1.59. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 1.75. The Furnishings, Fixtures & Appliances industry median Interest Coverage is 11.05. Neelam Linens and Garments (India)'s value of 1.75 is 84.2% below this industry median. Based on the distribution chart, Neelam Linens and Garments (India) ranks #250 out of 293 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Neelam Linens and Garments (India) has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Neelam Linens and Garments (India)'s Interest Coverage compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Neelam Linens and Garments (India) ranks #250 out of 293 companies for Interest Coverage. This places Neelam Linens and Garments (India) in the lower half of its industry. The industry median Interest Coverage is 11.05. Neelam Linens and Garments (India)'s value of 1.75 is 84.2% below this benchmark. Historically, Neelam Linens and Garments (India)'s own Interest Coverage has ranged from 0.44 to 1.75 over the past decade. While the company's 10-year median is 1.59 vs. the industry median of 11.05, Neelam Linens and Garments (India) 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 Furnishings, Fixtures & Appliances company?
The median Interest Coverage among Furnishings, Fixtures & Appliances companies is 11.05, based on 293 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. Neelam Linens and Garments (India)'s current Interest Coverage of 1.75 is 84.2% 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 Neelam Linens and Garments (India) and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Interest Coverage is 11.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Neelam Linens and Garments (India)'s current Interest Coverage is 1.75, which is 10% above median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neelam Linens and Garments (India) stock overvalued right now?
Neelam Linens and Garments (India) (NSE:NEELAM) has a current Interest Coverage of 1.75. The current Interest Coverage is 1.75, which is 10% above median its 10-year median of 1.59 and 84.2% below the Furnishings, Fixtures & Appliances industry median of 11.05. Neelam Linens and Garments (India)'s overall GF Score™ is 10/100 with 5 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 Neelam Linens and Garments (India) (NSE:NEELAM), the current Interest Coverage is 1.75 as of Mar. 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.
Neelam Linens and Garments (India) Business Description
Neelam Linens and Garments (India) Ltd operates as a soft home furnishing company based out of Maharashtra, India, extending its services to various clientele, including USA, Australia and Far East. The company specializes in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels, Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. It sources surplus or slightly imperfect fabric from the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Its segment includes the business of Manufacturing of Bedsheets, Shirts and in the trading of Licences. The manufacturing of Bedsheets, Shirts segment derives majority of the revenue.
10GF Score
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