Sportking India (NSE:SPORTKING) Interest Coverage: 6.13 (As of Mar. 2026) — 91% Above Median


NSE:SPORTKING Sportking India Ltd NSE:SPORTKING
64 GF Score
Price ₹176.39
GF Value ₹101.41
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Sportking India Interest Coverage?

Sportking India NSE:SPORTKING +0.78% 64 Interest Coverage is 6.13 as of Mar. 2026, which is 91% above its 10-year median of 3.21. GuruFocus rates NSE:SPORTKING with a GF Score™ of 64/100 and a GF Value™ of ₹101.41 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 739 Manufacturing - Apparel & Accessories companies, Sportking India ranks worse than 53.99% 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. Sportking India's Operating Income for the three months ended in Mar. 2026 was ₹620 Mil. Sportking India's Interest Expense for the three months ended in Mar. 2026 was ₹-101 Mil. Sportking India's interest coverage for the quarter that ended in Mar. 2026 was 6.13. The higher the ratio, the stronger the company's financial strength is.

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

NSE:SPORTKING' s Interest Coverage Range Over the Past 10 Years
Min: 1.77   Med: 3.21   Max: 33.94
Current: 4.27


NSE:SPORTKING's Interest Coverage is ranked worse than
53.99% of 739 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.43 vs NSE:SPORTKING: 4.27

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


Sportking India  (NSE:SPORTKING) 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 .


Sportking India Interest Coverage Related Terms


Sportking India Interest Coverage Historical Data

* Premium members only.

The historical data trend for Sportking 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.

Sportking India Interest Coverage Chart

Sportking India 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 33.94 12.50 2.89 3.52 4.24

Sportking India 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 5.44 4.14 3.45 3.61 6.13

Sportking India Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Sportking 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.


Sportking India Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Sportking India's Interest Coverage falls into.


NSE:SPORTKING
64GF Score
Sportking India Ltd NSE:SPORTKING
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Sportking 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.

Sportking 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, Sportking India's Interest Expense was ₹-451 Mil. Its Operating Income was ₹1,915 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,041 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*1914.763/-451.284
=4.24

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

Here, for the three months ended in Mar. 2026, Sportking India's Interest Expense was ₹-101 Mil. Its Operating Income was ₹620 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹3,041 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*620.388/-101.148
=6.13

* 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 6.13 mean?
Sportking India (NSE:SPORTKING) has a Interest Coverage of 6.13 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Sportking India and its competitors. This is 91% above median its historical median of 3.21. Over the past decade, Sportking India's Interest Coverage has ranged from 1.77 to 33.94. According to the industry distribution chart, Sportking India ranks #399 out of 739 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54%.
Is Sportking India's Interest Coverage too high?
Sportking India's current Interest Coverage of 6.13 is 91% above median its 10-year median of 3.21. Over the past 10 years, this metric has ranged from a low of 1.77 to a high of 33.94. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.43. Sportking India's value of 6.13 is 12.9% above this industry median. Based on the distribution chart, Sportking India ranks #399 out of 739 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Sportking India has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sportking India's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Sportking India ranks #399 out of 739 companies for Interest Coverage. This places Sportking India in the lower half of its industry. The industry median Interest Coverage is 5.43. Sportking India's value of 6.13 is 12.9% above this benchmark. Historically, Sportking India's own Interest Coverage has ranged from 1.77 to 33.94 over the past decade. While the company's 10-year median is 3.21 vs. the industry median of 5.43, Sportking India 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 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. Sportking India's current Interest Coverage of 6.13 is 12.9% 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 Sportking India 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. Sportking India's current Interest Coverage is 6.13, which is 91% above median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sportking India stock overvalued right now?
Based on GuruFocus' analysis, Sportking India (NSE:SPORTKING) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹101.41, compared to a current price of ₹176.39 — trading 73.9% above its estimated fair value. The current Interest Coverage is 6.13, which is 91% above median its 10-year median of 3.21 and 12.9% above the Manufacturing - Apparel & Accessories industry median of 5.43. Sportking India's overall GF Score™ is 64/100 with 8 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 Sportking India (NSE:SPORTKING), the current Interest Coverage is 6.13 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 Sportking India (NSE:SPORTKING) Overvalued in 2026?

Based on GuruFocus' analysis, Sportking India stock appears to be overvalued. The current stock price of ₹176.39 is trading 73.9% above its estimated GF Value™ of ₹101.41. GuruFocus considers Sportking India to be Significantly Overvalued.

Key valuation signals for NSE:SPORTKING:

  • Interest Coverage: 6.13 (91% above median its 10-year median of 3.21)
  • GF Value™: ₹101.41 vs. price of ₹176.39 (73.9% above fair value)
  • GF Score™: 64/100 with 8 warning signs
  • Industry Position: 12.9% above the Manufacturing - Apparel & Accessories median (#399 of 739)

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


Sportking India Business Description

Other Exchanges 539221:India
Address G.T. Road, Near Sahnewal, Village Kanech, Ludhiana, PB, IND, 141120
Sportking India Ltd is an India-based firm. The company is engaged in manufacturing, trading, and distribution of cotton fabrics, synthetic, blended yarns, and other related products. The company also offers knitted fabrics. The company provides its products through multi-brand channel outlets, through company-owned retail stores, as well as e-commerce stores. It operates in India as well as Outside India.
64GF Score

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

₹176.39
Price
₹101.41
GF Value