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Vera SyntheticNSE:VERA 84 Interest Coverage is No Debt (1) as of Mar. 2026, which is 100% below its 10-year median of 16.20. GuruFocus rates NSE:VERA with a GF Score™ of 84/100 and a GF Value™ of ₹83.01 (Fairly Valued). The stock has 6 warning signs investors should review. Among 761 Manufacturing - Apparel & Accessories companies, Vera Synthetic ranks better than 99.47% 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. Vera Synthetic's
Operating Income
for the
six
months ended in Mar. 2026 was ₹18.3 Mil. Vera Synthetic's Interest Expense for the
six
months ended in Mar. 2026 was ₹0.0 Mil.
Vera Synthetic has no debt.
The higher the ratio, the stronger the company's financial strength is.
Good Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Vera Synthetic Ltd has enough cash to cover all of its debt. Its financial situation is stable.
(1) 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.
The historical rank and industry rank for Vera Synthetic's Interest Coverage or its related term are showing as below:
NSE:VERA'
s Interest Coverage Range Over the Past 10 Years
Min: 6.47 Med: 16.2 Max: No Debt
Current: No Debt
NSE:VERA's Interest Coverage is ranked better than 99.47% of 761
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 5.7
vs NSE:VERA: No Debt
Vera Synthetic (NSE:VERA) 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 .
Vera Synthetic Interest Coverage Related Terms
Vera Synthetic Interest Coverage Historical Data
* Premium members only.
The historical data trend for Vera Synthetic'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.
Vera Synthetic Interest Coverage Competitor Comparison
For the Textile Manufacturing subindustry, Vera Synthetic'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.
Vera Synthetic Interest Coverage vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vera Synthetic's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Vera Synthetic's Interest Coverage falls into.
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:
* 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.
What does a Interest Coverage of No Debt <sup>(1)</sup> mean?
Vera Synthetic (NSE:VERA) has a Interest Coverage of No Debt (1) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Vera Synthetic and its competitors. This is 94% below median its historical median of 16.20. Over the past decade, Vera Synthetic's Interest Coverage has ranged from 6.47 to 10,000.00. According to the industry distribution chart, Vera Synthetic ranks #4 out of 761 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 0.5%.
Is Vera Synthetic's Interest Coverage too high?
Vera Synthetic's current Interest Coverage of No Debt (1) is 94% below median its 10-year median of 16.20. Over the past 10 years, this metric has ranged from a low of 6.47 to a high of 10,000.00. Based on the distribution chart, Vera Synthetic ranks #4 out of 761 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Vera Synthetic has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vera Synthetic's Interest Coverage compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Vera Synthetic ranks #4 out of 761 companies for Interest Coverage. This places Vera Synthetic in the top 1% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 5.70. Historically, Vera Synthetic's own Interest Coverage has ranged from 6.47 to 10,000.00 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 5.70, based on 761 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 Vera Synthetic and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Interest Coverage is 5.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vera Synthetic's current Interest Coverage is No Debt (1), which is 94% below median its own 10-year median of 16.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vera Synthetic stock overvalued right now?
Based on GuruFocus' analysis, Vera Synthetic (NSE:VERA) is currently considered Fairly Valued. The stock's GF Value™ is ₹83.01, compared to a current price of ₹86.25 — trading 3.9% above its estimated fair value. The current Interest Coverage is No Debt (1), which is 94% below median its 10-year median of 16.20. Vera Synthetic's overall GF Score™ is 84/100 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 Vera Synthetic (NSE:VERA), the current Interest Coverage is No Debt (1) 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 Vera Synthetic (NSE:VERA) Overvalued in 2026?
Based on GuruFocus' analysis, Vera Synthetic stock appears to be overvalued.
The current stock price of ₹86.25 is trading 3.9% above its estimated GF Value™ of ₹83.01.
GuruFocus considers Vera Synthetic to be Fairly Valued.
Key valuation signals for NSE:VERA:
Interest Coverage: No Debt (1) (94% below median its 10-year median of 16.20)
GF Value™: ₹83.01 vs. price of ₹86.25 (3.9% above fair value)
No single metric tells the full story. See the NSE:VERA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vera Synthetic Ltd is engaged in the manufacturing of fishing nets, ropes, twines yarns, mainly high density plastic products. The company manufactures products for the fishing industry and other allied uses. Its product portfolio includes High-Density Polyethylene (HDPE) fishing nets and twines, Polyester ropes, PP yarns, and Pet straps. It manufactures and markets its product under the brand name Sujlon. Geographically, it operates only in India.
84GF Score
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