Shri Techtex (NSE:SHRITECH) Interest Coverage: 0 (At Loss) (As of Mar. 2026)


NSE:SHRITECH Shri Techtex Ltd NSE:SHRITECH
67 GF Score
Price ₹63.65
GF Value ₹77.78
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shri Techtex Interest Coverage?

Shri Techtex NSE:SHRITECH -2.08% 67 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates NSE:SHRITECH with a GF Score™ of 67/100 and a GF Value™ of ₹77.78 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Shri Techtex ranks better than 82.54% 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. Shri Techtex's Operating Income for the six months ended in Mar. 2026 was ₹153.8 Mil. Shri Techtex's Interest Expense for the six months ended in Mar. 2026 was ₹1.1 Mil. did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SHRITECH' s Interest Coverage Range Over the Past 10 Years
Min: 6.55   Med: 9.9   Max: 41.39
Current: 41.39


NSE:SHRITECH's Interest Coverage is ranked better than
82.54% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs NSE:SHRITECH: 41.39

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


Shri Techtex  (NSE:SHRITECH) 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 .


Shri Techtex Interest Coverage Related Terms


Shri Techtex Interest Coverage Historical Data

* Premium members only.

The historical data trend for Shri Techtex'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.

Shri Techtex Interest Coverage Chart

Shri Techtex Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 9.90 14.74 8.33 6.55 41.39

Shri Techtex Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.64 17.58 3.82 8.89 0.00

Shri Techtex Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Shri Techtex'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.


Shri Techtex Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Shri Techtex's Interest Coverage falls into.


NSE:SHRITECH
67GF Score
Shri Techtex Ltd NSE:SHRITECH
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shri Techtex 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.

Shri Techtex'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, Shri Techtex's Interest Expense was ₹-5.0 Mil. Its Operating Income was ₹207.9 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*207.857/-5.022
=41.39

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

Here, for the six months ended in Mar. 2026, Shri Techtex's Interest Expense was ₹1.1 Mil. Its Operating Income was ₹153.8 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0.0 Mil.

* 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 0 (At Loss) mean?
Shri Techtex (NSE:SHRITECH) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Shri Techtex and its competitors. Over the past decade, Shri Techtex's Interest Coverage has ranged from 6.55 to 41.39. According to the industry distribution chart, Shri Techtex ranks #129 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.5%.
Is Shri Techtex's Interest Coverage too high?
Shri Techtex's current Interest Coverage is 0 (At Loss). Over the past 10 years, this metric has ranged from a low of 6.55 to a high of 41.39. Based on the distribution chart, Shri Techtex ranks #129 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Shri Techtex has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Techtex's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Shri Techtex ranks #129 out of 739 companies for Interest Coverage. This places Shri Techtex in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.43. Historically, Shri Techtex's own Interest Coverage has ranged from 6.55 to 41.39 over the past decade. 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. 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 Shri Techtex 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. Shri Techtex's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Techtex stock overvalued right now?
Based on GuruFocus' analysis, Shri Techtex (NSE:SHRITECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹77.78, compared to a current price of ₹63.65 — trading 18.2% below its estimated fair value. The current Interest Coverage is 0 (At Loss). Shri Techtex's overall GF Score™ is 67/100 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 Shri Techtex (NSE:SHRITECH), the current Interest Coverage is 0 (At Loss) 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 Shri Techtex (NSE:SHRITECH) Overvalued in 2026?

Based on GuruFocus' analysis, Shri Techtex stock appears to be undervalued. The current stock price of ₹63.65 is trading 18.2% below its estimated GF Value™ of ₹77.78. GuruFocus considers Shri Techtex to be Modestly Undervalued.

Key valuation signals for NSE:SHRITECH:

  • Interest Coverage: 0 (At Loss)
  • GF Value™: ₹77.78 vs. price of ₹63.65 (18.2% below fair value)
  • GF Score™: 67/100 with 5 warning signs

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


Shri Techtex Business Description

Address Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co-Operative Housing Society Ltd., Opposite Nabard, Near Usmanpura Garden, Ahmedabad, GJ, IND, 380014
Shri Techtex Ltd is engaged in the business of manufacturing of technical textile. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.
67GF Score

Get the complete analysis for NSE:SHRITECH

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

₹63.65
Price
₹77.78
GF Value