Shringar House Of Mangalsutra (NSE:SHRINGARMS) Interest Coverage: 26.27 (As of Mar. 2026) — 140% Above Median


NSE:SHRINGARMS Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
18 GF Score
Price ₹227.73
! 3 Warning Signs
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What is Shringar House Of Mangalsutra Interest Coverage?

Shringar House Of Mangalsutra NSE:SHRINGARMS +1.50% 18 Interest Coverage is 26.27 as of Mar. 2026, which is 140% above its 10-year median of 10.94. GuruFocus rates NSE:SHRINGARMS with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 825 Retail - Cyclical companies, Shringar House Of Mangalsutra ranks better than 72.73% 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. Shringar House Of Mangalsutra's Operating Income for the three months ended in Mar. 2026 was ₹436 Mil. Shringar House Of Mangalsutra's Interest Expense for the three months ended in Mar. 2026 was ₹-17 Mil. Shringar House Of Mangalsutra's interest coverage for the quarter that ended in Mar. 2026 was 26.27. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Shringar House Of Mangalsutra's Interest Coverage or its related term are showing as below:

NSE:SHRINGARMS' s Interest Coverage Range Over the Past 10 Years
Min: 7.48   Med: 10.94   Max: 21.9
Current: 21.9


NSE:SHRINGARMS's Interest Coverage is ranked better than
72.73% of 825 companies
in the Retail - Cyclical industry
Industry Median: 7.96 vs NSE:SHRINGARMS: 21.90

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


Shringar House Of Mangalsutra  (NSE:SHRINGARMS) 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 .


Shringar House Of Mangalsutra Interest Coverage Related Terms


Shringar House Of Mangalsutra Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shringar House Of Mangalsutra'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.

Shringar House Of Mangalsutra Interest Coverage Chart

Shringar House Of Mangalsutra Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
11.45 7.48 9.54 10.94 20.63

Shringar House Of Mangalsutra Quarterly Data
Mar22 Mar23 Mar24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 8.89 10.02 14.05 29.92 26.27

NSE:SHRINGARMS vs TPR: Interest Coverage Comparison

For the Luxury Goods subindustry, Shringar House Of Mangalsutra'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.


Shringar House Of Mangalsutra Interest Coverage vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shringar House Of Mangalsutra's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Shringar House Of Mangalsutra's Interest Coverage falls into.


NSE:SHRINGARMS
18GF Score
Shringar House Of Mangalsutra Ltd NSE:SHRINGARMS
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Shringar House Of Mangalsutra 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.

Shringar House Of Mangalsutra'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, Shringar House Of Mangalsutra's Interest Expense was ₹-75 Mil. Its Operating Income was ₹1,552 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹81 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1551.64/-75.2
=20.63

Shringar House Of Mangalsutra's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Shringar House Of Mangalsutra's Interest Expense was ₹-17 Mil. Its Operating Income was ₹436 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹81 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*436.03/-16.6
=26.27

* 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 26.27 mean?
Shringar House Of Mangalsutra (NSE:SHRINGARMS) has a Interest Coverage of 26.27 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shringar House Of Mangalsutra and its competitors. This is 140% above median its historical median of 10.94. Over the past decade, Shringar House Of Mangalsutra's Interest Coverage has ranged from 7.48 to 21.90. According to the industry distribution chart, Shringar House Of Mangalsutra ranks #225 out of 825 companies in the Retail - Cyclical industry, placing it in the top 27.3%.
Is Shringar House Of Mangalsutra's Interest Coverage too high?
Shringar House Of Mangalsutra's current Interest Coverage of 26.27 is 140% above median its 10-year median of 10.94. Over the past 10 years, this metric has ranged from a low of 7.48 to a high of 21.90. The Retail - Cyclical industry median Interest Coverage is 7.96. Shringar House Of Mangalsutra's value of 26.27 is 230% above this industry median. Based on the distribution chart, Shringar House Of Mangalsutra ranks #225 out of 825 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shringar House Of Mangalsutra has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Shringar House Of Mangalsutra's Interest Coverage compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shringar House Of Mangalsutra ranks #225 out of 825 companies for Interest Coverage. This puts Shringar House Of Mangalsutra in the upper half of its industry. The industry median Interest Coverage is 7.96. Shringar House Of Mangalsutra's value of 26.27 is 230% above this benchmark. Historically, Shringar House Of Mangalsutra's own Interest Coverage has ranged from 7.48 to 21.90 over the past decade. While the company's 10-year median is 10.94 vs. the industry median of 7.96, Shringar House Of Mangalsutra 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 Retail - Cyclical company?
The median Interest Coverage among Retail - Cyclical companies is 7.96, based on 825 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. Shringar House Of Mangalsutra's current Interest Coverage of 26.27 is 230% 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 Shringar House Of Mangalsutra and its competitors. For the Retail - Cyclical industry, the median Interest Coverage is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shringar House Of Mangalsutra's current Interest Coverage is 26.27, which is 140% above median its own 10-year median of 10.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shringar House Of Mangalsutra stock overvalued right now?
Shringar House Of Mangalsutra (NSE:SHRINGARMS) has a current Interest Coverage of 26.27. The current Interest Coverage is 26.27, which is 140% above median its 10-year median of 10.94 and 230% above the Retail - Cyclical industry median of 7.96. Shringar House Of Mangalsutra's overall GF Score™ is 18/100 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 Shringar House Of Mangalsutra (NSE:SHRINGARMS), the current Interest Coverage is 26.27 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.

Shringar House Of Mangalsutra Business Description

Other Exchanges 544512:India
Address 175, Kalbadevi Road, Unit No. B-1, Lower Ground Floor, Jewel World Cotton Exchange Building, Bhuleshwar, Mumbai, MH, IND, 400 002
Shringar House Of Mangalsutra Ltd is amongst the specialised designers and manufacturers of Mangalsutra in India. It is engaged in designing, manufacturing, and marketing, a varied range of Mangalsutra studded with diverse range of stones including but not limited to, American diamond, cubic zirconia, pearl, mother of pearl, and semi-precious stones, in 18k and 22k purity of gold, to its business-to-business (B2B) clients. The company sells Its products to a diverse range of clients including Corporate Clients, wholesale jewellers, and retailers across the country, more particularly in twenty-four (24) states and four (4) union territories.
18GF Score

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