Silkflex Polymers (India) (NSE:SILKFLEX) Interest Coverage: 4.86 (As of Mar. 2026) — 39% Above Median


NSE:SILKFLEX Silkflex Polymers (India) Ltd NSE:SILKFLEX
44 GF Score
Price ₹217.00
! 6 Warning Signs
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What is Silkflex Polymers (India) Interest Coverage?

Silkflex Polymers (India) NSE:SILKFLEX -1.36% 44 Interest Coverage is 4.86 as of Mar. 2026, which is 39% above its 10-year median of 3.50. GuruFocus rates NSE:SILKFLEX with a GF Score™ of 44/100. The stock has 6 warning signs investors should review. Among 1,234 Chemicals companies, Silkflex Polymers (India) ranks worse than 66.94% 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. Silkflex Polymers (India)'s Operating Income for the six months ended in Mar. 2026 was ₹145 Mil. Silkflex Polymers (India)'s Interest Expense for the six months ended in Mar. 2026 was ₹-30 Mil. Silkflex Polymers (India)'s interest coverage for the quarter that ended in Mar. 2026 was 4.86. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Silkflex Polymers (India)'s Interest Coverage or its related term are showing as below:

NSE:SILKFLEX' s Interest Coverage Range Over the Past 10 Years
Min: 1.62   Med: 3.5   Max: 4.85
Current: 4.81


NSE:SILKFLEX's Interest Coverage is ranked worse than
66.94% of 1234 companies
in the Chemicals industry
Industry Median: 10.18 vs NSE:SILKFLEX: 4.81

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


Silkflex Polymers (India)  (NSE:SILKFLEX) 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 .


Silkflex Polymers (India) Interest Coverage Related Terms


Silkflex Polymers (India) Interest Coverage Historical Data

* Premium members only.

The historical data trend for Silkflex Polymers (India)'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.

Silkflex Polymers (India) Interest Coverage Chart

Silkflex Polymers (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Coverage
Get a 7-Day Free Trial 2.19 2.08 4.85 4.82 4.81

Silkflex Polymers (India) Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only 4.32 5.17 4.68 4.68 4.86

NSE:SILKFLEX vs LIN, SHW, ECL: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Silkflex Polymers (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.


Silkflex Polymers (India) Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Silkflex Polymers (India)'s Interest Coverage distribution charts can be found below:

* The bar in red indicates where Silkflex Polymers (India)'s Interest Coverage falls into.


NSE:SILKFLEX
44GF Score
Silkflex Polymers (India) Ltd NSE:SILKFLEX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Silkflex Polymers (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:

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.

Silkflex Polymers (India)'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, Silkflex Polymers (India)'s Interest Expense was ₹-41 Mil. Its Operating Income was ₹199 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹367 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*198.687/-41.317
=4.81

Silkflex Polymers (India)'s Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the six months ended in Mar. 2026, Silkflex Polymers (India)'s Interest Expense was ₹-30 Mil. Its Operating Income was ₹145 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹367 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*144.546/-29.738
=4.86

* 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 4.86 mean?
Silkflex Polymers (India) (NSE:SILKFLEX) has a Interest Coverage of 4.86 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Silkflex Polymers (India) and its competitors. This is 39% above median its historical median of 3.50. Over the past decade, Silkflex Polymers (India)'s Interest Coverage has ranged from 1.62 to 4.85. According to the industry distribution chart, Silkflex Polymers (India) ranks #826 out of 1234 companies in the Chemicals industry, placing it in the top 66.9%.
Is Silkflex Polymers (India)'s Interest Coverage too high?
Silkflex Polymers (India)'s current Interest Coverage of 4.86 is 39% above median its 10-year median of 3.50. Over the past 10 years, this metric has ranged from a low of 1.62 to a high of 4.85. The Chemicals industry median Interest Coverage is 10.18. Silkflex Polymers (India)'s value of 4.86 is 52.3% below this industry median. Based on the distribution chart, Silkflex Polymers (India) ranks #826 out of 1234 companies in the Chemicals industry, which is below the industry midpoint. Overall, Silkflex Polymers (India) has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Silkflex Polymers (India)'s Interest Coverage compare to LIN and SHW?
According to the Chemicals industry distribution chart, Silkflex Polymers (India) ranks #826 out of 1234 companies for Interest Coverage. This places Silkflex Polymers (India) in the lower half of its industry. The industry median Interest Coverage is 10.18. Silkflex Polymers (India)'s value of 4.86 is 52.3% below this benchmark. Historically, Silkflex Polymers (India)'s own Interest Coverage has ranged from 1.62 to 4.85 over the past decade. While the company's 10-year median is 3.50 vs. the industry median of 10.18, Silkflex Polymers (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 Chemicals company?
The median Interest Coverage among Chemicals companies is 10.18, based on 1,234 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. Silkflex Polymers (India)'s current Interest Coverage of 4.86 is 52.3% 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 Silkflex Polymers (India) and its competitors. For the Chemicals industry, the median Interest Coverage is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silkflex Polymers (India)'s current Interest Coverage is 4.86, which is 39% above median its own 10-year median of 3.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silkflex Polymers (India) stock overvalued right now?
Silkflex Polymers (India) (NSE:SILKFLEX) has a current Interest Coverage of 4.86. The current Interest Coverage is 4.86, which is 39% above median its 10-year median of 3.50 and 52.3% below the Chemicals industry median of 10.18. Silkflex Polymers (India)'s overall GF Score™ is 44/100 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 Silkflex Polymers (India) (NSE:SILKFLEX), the current Interest Coverage is 4.86 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.

Silkflex Polymers (India) Business Description

Address Daga Complex, Sulati Jaladhulagori, Sankrail, Howrah, WB, IND, 711302
Silkflex Polymers (India) Ltd is engaged in the trading of textile printing inks and water-based wood coating polymer products of a Malaysian brand- "Silkflex" produced by Silkflex Polymers SDN BHD. The business is divided into two categories i.e., textile printing ink products and wood coating products. Textile printing ink products include screen coating, Glue, Machine grade non-pvc inks, Additives, and Specialty water-based non-pvc inks. Wood coating products include Base coat, Top coat, Stains, and Sealer.
44GF Score

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

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