Texmo Pipes & Products (NSE:TEXMOPIPES) Interest Coverage: 3.06 (As of Mar. 2026) — Near Median


NSE:TEXMOPIPES Texmo Pipes & Products Ltd NSE:TEXMOPIPES
65 GF Score
Price ₹43.93
GF Value ₹49.60
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Texmo Pipes & Products Interest Coverage?

Texmo Pipes & Products NSE:TEXMOPIPES -2.18% 65 Interest Coverage is 3.06 as of Mar. 2026, which is 5% below its 10-year median of 3.22. GuruFocus rates NSE:TEXMOPIPES with a GF Score™ of 65/100 and a GF Value™ of ₹49.60 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,349 Construction companies, Texmo Pipes & Products ranks worse than 65.53% 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. Texmo Pipes & Products's Operating Income for the three months ended in Mar. 2026 was ₹48 Mil. Texmo Pipes & Products's Interest Expense for the three months ended in Mar. 2026 was ₹-16 Mil. Texmo Pipes & Products's interest coverage for the quarter that ended in Mar. 2026 was 3.06. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Texmo Pipes & Products's Interest Coverage or its related term are showing as below:

NSE:TEXMOPIPES' s Interest Coverage Range Over the Past 10 Years
Min: 1.26   Med: 3.22   Max: 7.46
Current: 4.18


NSE:TEXMOPIPES's Interest Coverage is ranked worse than
65.53% of 1349 companies
in the Construction industry
Industry Median: 7.92 vs NSE:TEXMOPIPES: 4.18

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


Texmo Pipes & Products  (NSE:TEXMOPIPES) 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 .


Texmo Pipes & Products Interest Coverage Related Terms


Texmo Pipes & Products Interest Coverage Historical Data

* Premium members only.

The historical data trend for Texmo Pipes & Products'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.

Texmo Pipes & Products Interest Coverage Chart

Texmo Pipes & Products 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 5.76 1.70 7.46 3.53 3.40

Texmo Pipes & Products 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 2.97 5.00 2.73 6.58 3.06

NSE:TEXMOPIPES vs TT, JCI, CARR: Interest Coverage Comparison

For the Building Products & Equipment subindustry, Texmo Pipes & Products'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.


Texmo Pipes & Products Interest Coverage vs Construction Industry

For the Construction industry and Industrials sector, Texmo Pipes & Products's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Texmo Pipes & Products's Interest Coverage falls into.


NSE:TEXMOPIPES
65GF Score
Texmo Pipes & Products Ltd NSE:TEXMOPIPES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Texmo Pipes & Products 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.

Texmo Pipes & Products'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, Texmo Pipes & Products's Interest Expense was ₹-62 Mil. Its Operating Income was ₹211 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹240 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*210.828/-61.932
=3.40

Texmo Pipes & Products's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Texmo Pipes & Products's Interest Expense was ₹-16 Mil. Its Operating Income was ₹48 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹240 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*47.957/-15.668
=3.06

* 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 3.06 mean?
Texmo Pipes & Products (NSE:TEXMOPIPES) has a Interest Coverage of 3.06 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Texmo Pipes & Products and its competitors. This is near median its historical median of 3.22. Over the past decade, Texmo Pipes & Products' Interest Coverage has ranged from 1.26 to 7.46. According to the industry distribution chart, Texmo Pipes & Products ranks #884 out of 1349 companies in the Construction industry, placing it in the top 65.5%.
Is Texmo Pipes & Products' Interest Coverage too high?
Texmo Pipes & Products' current Interest Coverage of 3.06 is near median its 10-year median of 3.22. Over the past 10 years, this metric has ranged from a low of 1.26 to a high of 7.46. The Construction industry median Interest Coverage is 7.92. Texmo Pipes & Products' value of 3.06 is 61.4% below this industry median. Based on the distribution chart, Texmo Pipes & Products ranks #884 out of 1349 companies in the Construction industry, which is below the industry midpoint. Overall, Texmo Pipes & Products has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Texmo Pipes & Products' Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Texmo Pipes & Products ranks #884 out of 1349 companies for Interest Coverage. This places Texmo Pipes & Products in the lower half of its industry. The industry median Interest Coverage is 7.92. Texmo Pipes & Products' value of 3.06 is 61.4% below this benchmark. Historically, Texmo Pipes & Products' own Interest Coverage has ranged from 1.26 to 7.46 over the past decade. While the company's 10-year median is 3.22 vs. the industry median of 7.92, Texmo Pipes & Products 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 Construction company?
The median Interest Coverage among Construction companies is 7.92, based on 1,349 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. Texmo Pipes & Products's current Interest Coverage of 3.06 is 61.4% 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 Texmo Pipes & Products and its competitors. For the Construction industry, the median Interest Coverage is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Texmo Pipes & Products's current Interest Coverage is 3.06, which is near median its own 10-year median of 3.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Texmo Pipes & Products stock overvalued right now?
Based on GuruFocus' analysis, Texmo Pipes & Products (NSE:TEXMOPIPES) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹49.60, compared to a current price of ₹43.93 — trading 11.4% below its estimated fair value. The current Interest Coverage is 3.06, which is near median its 10-year median of 3.22 and 61.4% below the Construction industry median of 7.92. Texmo Pipes & Products' overall GF Score™ is 65/100 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 Texmo Pipes & Products (NSE:TEXMOPIPES), the current Interest Coverage is 3.06 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 Texmo Pipes & Products (NSE:TEXMOPIPES) Overvalued in 2026?

Based on GuruFocus' analysis, Texmo Pipes & Products stock appears to be undervalued. The current stock price of ₹43.93 is trading 11.4% below its estimated GF Value™ of ₹49.60. GuruFocus considers Texmo Pipes & Products to be Modestly Undervalued.

Key valuation signals for NSE:TEXMOPIPES:

  • Interest Coverage: 3.06 (near median its 10-year median of 3.22)
  • GF Value™: ₹49.60 vs. price of ₹43.93 (11.4% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 61.4% below the Construction median (#884 of 1349)

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


Texmo Pipes & Products Business Description

Other Exchanges 533164:India
Address 98, Bahadarpur Road, Post Box No. 35, Burhanpur, MP, IND, 450331
Texmo Pipes & Products Ltd is a pipe and fittings manufacturing company based in India. The company's primary products include plastic products. Its product portfolio comprises SWR pipes and fittings, CPVC pipes, conduit pipes, drip inline, moulded fittings of PVC, plumbing pipes and fittings, sprinkler fittings, casing pipes for tubewell, and others. PVC pipes serve as the revenue driver amongst the other products of the company. The group caters its products to the government and private sectors within India and abroad.
65GF Score

Get the complete analysis for NSE:TEXMOPIPES

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

₹43.93
Price
₹49.60
GF Value