Vardhman Acrylics (NSE:VARDHACRLC) Interest Coverage: 935.00 (As of Mar. 2026) — 763% Above Median

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NSE:VARDHACRLC Vardhman Acrylics Ltd NSE:VARDHACRLC
79 GF Score
Price ₹43.20
GF Value ₹46.50
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Vardhman Acrylics Interest Coverage?

Vardhman Acrylics NSE:VARDHACRLC -0.41% 79 Interest Coverage is 935.00 as of Mar. 2026, which is 763% above its 10-year median of 108.34. GuruFocus rates NSE:VARDHACRLC with a GF Score™ of 79/100 and a GF Value™ of ₹46.50 (Fairly Valued). The stock has 5 warning signs investors should review. Among 735 Manufacturing - Apparel & Accessories companies, Vardhman Acrylics ranks better than 54.01% 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. Vardhman Acrylics's Operating Income for the three months ended in Mar. 2026 was ₹94 Mil. Vardhman Acrylics's Interest Expense for the three months ended in Mar. 2026 was ₹-0 Mil. Vardhman Acrylics's interest coverage for the quarter that ended in Mar. 2026 was 935.00. The higher the ratio, the stronger the company's financial strength is.

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

NSE:VARDHACRLC' s Interest Coverage Range Over the Past 10 Years
Min: 2.8   Med: 108.34   Max: 1593.33
Current: 6.6


NSE:VARDHACRLC's Interest Coverage is ranked better than
54.01% of 735 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.28 vs NSE:VARDHACRLC: 6.60

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


Vardhman Acrylics  (NSE:VARDHACRLC) 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 .


Vardhman Acrylics Interest Coverage Related Terms


Vardhman Acrylics Interest Coverage Historical Data

* Premium members only.

The historical data trend for Vardhman Acrylics'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.

Vardhman Acrylics Interest Coverage Chart

Vardhman Acrylics 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 84.75 1,593.33 101.11 2.80 91.93

Vardhman Acrylics 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 0.00 0.00 0.00 6.33 935.00

Vardhman Acrylics Interest Coverage Competitor Comparison

For the Textile Manufacturing subindustry, Vardhman Acrylics'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.


Vardhman Acrylics Interest Coverage vs Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where Vardhman Acrylics's Interest Coverage falls into.


NSE:VARDHACRLC
79GF Score
Vardhman Acrylics Ltd NSE:VARDHACRLC
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vardhman Acrylics 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.

Vardhman Acrylics'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, Vardhman Acrylics's Interest Expense was ₹-2 Mil. Its Operating Income was ₹138 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (A: Mar. 2026 )/Interest Expense (A: Mar. 2026 )
=-1*137.9/-1.5
=91.93

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

Here, for the three months ended in Mar. 2026, Vardhman Acrylics's Interest Expense was ₹-0 Mil. Its Operating Income was ₹94 Mil. And its Long-Term Debt & Capital Lease Obligation was ₹0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*93.5/-0.1
=935.00

* 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 935.00 mean?
Vardhman Acrylics (NSE:VARDHACRLC) has a Interest Coverage of 935.00 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vardhman Acrylics and its competitors. This is 763% above median its historical median of 108.34. Over the past decade, Vardhman Acrylics' Interest Coverage has ranged from 2.80 to 1,593.33. According to the industry distribution chart, Vardhman Acrylics ranks #338 out of 735 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 46%.
Is Vardhman Acrylics' Interest Coverage too high?
Vardhman Acrylics' current Interest Coverage of 935.00 is 763% above median its 10-year median of 108.34. Over the past 10 years, this metric has ranged from a low of 2.80 to a high of 1,593.33. The Manufacturing - Apparel & Accessories industry median Interest Coverage is 5.28. Vardhman Acrylics' value of 935.00 is 17608.3% above this industry median. Based on the distribution chart, Vardhman Acrylics ranks #338 out of 735 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Vardhman Acrylics has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Acrylics' Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vardhman Acrylics ranks #338 out of 735 companies for Interest Coverage. This puts Vardhman Acrylics in the upper half of its industry. The industry median Interest Coverage is 5.28. Vardhman Acrylics' value of 935.00 is 17608.3% above this benchmark. Historically, Vardhman Acrylics' own Interest Coverage has ranged from 2.80 to 1,593.33 over the past decade. While the company's 10-year median is 108.34 vs. the industry median of 5.28, Vardhman Acrylics 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 5.28, based on 735 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. Vardhman Acrylics's current Interest Coverage of 935.00 is 17608.3% 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 Vardhman Acrylics and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vardhman Acrylics's current Interest Coverage is 935.00, which is 763% above median its own 10-year median of 108.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Acrylics stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Acrylics (NSE:VARDHACRLC) is currently considered Fairly Valued. The stock's GF Value™ is ₹46.50, compared to a current price of ₹43.20 — trading 7.1% below its estimated fair value. The current Interest Coverage is 935.00, which is 763% above median its 10-year median of 108.34 and 17608.3% above the Manufacturing - Apparel & Accessories industry median of 5.28. Vardhman Acrylics' overall GF Score™ is 79/100 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 Vardhman Acrylics (NSE:VARDHACRLC), the current Interest Coverage is 935.00 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 Vardhman Acrylics (NSE:VARDHACRLC) Overvalued in 2026?

Based on GuruFocus' analysis, Vardhman Acrylics stock appears to be undervalued. The current stock price of ₹43.20 is trading 7.1% below its estimated GF Value™ of ₹46.50. GuruFocus considers Vardhman Acrylics to be Fairly Valued.

Key valuation signals for NSE:VARDHACRLC:

  • Interest Coverage: 935.00 (763% above median its 10-year median of 108.34)
  • GF Value™: ₹46.50 vs. price of ₹43.20 (7.1% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 17608.3% above the Manufacturing - Apparel & Accessories median (#338 of 735)

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


Vardhman Acrylics Business Description

Address Chandigarh Road, Vardhman Premises, Ludhiana, PB, IND, 141010
Vardhman Acrylics Ltd is engaged in manufacturing man-made fibers. The firm operates through the Acrylic Fibre and Tow segment, having its manufacturing facility in Gujarat, India. Its products are widely used for the manufacture of winter wear such as sweaters, woolen fabric, technical textiles such as non-wovens and carpets, and others. Geographically, it generates the majority of its revenue within India, and also has some exposure to international markets.
79GF Score

Get the complete analysis for NSE:VARDHACRLC

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

₹43.20
Price
₹46.50
GF Value