Lagnam Spintex

Lagnam Spintex Interest Coverage

The Interest Coverage Ratio of Lagnam Spintex (LAGNAM.NS) as of Nov 5, 2026 is 1.72. In the previous year, Interest Coverage Ratio was 6.15 — a change of -71.95% (lower).

Interest Coverage

1.72

YoY

-71.95%

Last updated:

Interest Coverage Ratio of Lagnam Spintex is 2025 1.72 . Interest Coverage Ratio of Lagnam Spintex was 2024 6.15 . It decreases by -71.95% lower compared to the previous year.

The Lagnam Spintex Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
3.12 INR
Jan 1, 2019
3.83 INR
Jan 1, 2020
1.03 INR
Jan 1, 2021
1.61 INR
Jan 1, 2022
4.71 INR
Jan 1, 2023
1.77 INR
Jan 1, 2024
6.15 INR
Jan 1, 2025
1.72 INR
The Lagnam Spintex Interest Coverage history
YEARInterest CoverageYoY
1.72-71.95%
6.15+246.53%
1.77-62.37%
4.71+192.22%
1.61+57.03%
1.03-73.19%
3.83+22.74%
3.12+15.16%
2.71+49.53%
1.81—

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Lagnam Spintex Stock analysis

What does Lagnam Spintex do? Lagnam Spintex Ltd manufactures and trades cotton yarn for domestic and export markets, producing ring and open end (OE) yarn in counts Ne 4 to Ne 30. Their products include Carded & Combed Ring Spun yarn for Weaving and Hosiery (Ne 20-32), Carded (Soft TPI) double yarn (Ne 20 & 24), Open End Yarn for Weaving & Knitting (Ne 6-20), and specialized yarns like Yarn spun on perforated tubes for direct Dyeing and Low Twist, High RKM OE yarn. The company exports to Portugal, Bangladesh, Poland, China, Peru, Germany, Turkey, Mauritius, Malaysia, Korea, Taiwan, and Hong Kong, serving textile industries requiring denim, terry towels, bottom wears, home textiles, and industrial fabrics. The firm's manufacturing facility at A-51-53, RIICO Growth Center, Hamirgarh, Bhilwara, spans 48,263 square meters and produces yarn for both domestic and international markets. Customers include textile manufacturers in countries like Germany, Turkey, and Malaysia who use the company's yarns in denim, home textiles, and industrial applications. The company's product range caters to diverse segments such as apparel, home furnishings, and industrial fabric production. Lagnam Spintex Ltd targets the global textile industry with its yarn products, focusing on markets where denim, terry towels, and home textiles are in demand. Their export-oriented strategy serves countries including Portugal, Poland, and China, while domestic sales support Indian textile manufacturers. The company's specialized yarns like Low Twist, High RKM OE yarn meet specific industrial requirements for weaving and knitting processes. Lagnam Spintex is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Lagnam Spintex stock

Interest Coverage Ratio of Lagnam Spintex is 1.72 in 2025.

Interest Coverage Ratio of Lagnam Spintex changed from 6.15 to 1.72, representing a -71.95% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Lagnam Spintex since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Lagnam Spintex with sector peers and the industry average to assess whether it is attractive.

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Leverage — Lagnam Spintex

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