Parnax Lab

Parnax Lab Interest Coverage

The Interest Coverage Ratio of Parnax Lab (506128.BO) as of Nov 14, 2026 is 3.96. In the previous year, Interest Coverage Ratio was 3.32 — a change of 19.20% (higher).

Interest Coverage

3.96

YoY

19.20%

Last updated:

Interest Coverage Ratio of Parnax Lab is 2025 3.96 . Interest Coverage Ratio of Parnax Lab was 2024 3.32 . It decreases by 19.20% higher compared to the previous year.

The Parnax Lab Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
2.15 INR
Jan 1, 2019
2.11 INR
Jan 1, 2020
0.52 INR
Jan 1, 2021
0.99 INR
Jan 1, 2022
3.58 INR
Jan 1, 2023
3.90 INR
Jan 1, 2024
3.32 INR
Jan 1, 2025
3.96 INR
The Parnax Lab Interest Coverage history
YEARInterest CoverageYoY
3.96+19.20%
3.32-14.85%
3.90+8.95%
3.58+261.57%
0.99+90.04%
0.52-75.36%
2.11-1.64%
2.15+1.87%
2.11+11.62%
1.89-18.28%
2.31-1.76%
2.36—

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Parnax Lab Stock analysis

What does Parnax Lab do? Parnax Lab Ltd. generates revenue through manufacturing and exporting pharmaceutical formulations, including cough expectorants, antacids, anti-histamines, multi-vitamins, enzyme preparations, pediatric formulations, geriatric special formulations, highly viscous products, and suspensions. The company trades pharmaceuticals and medicinal products, focusing on high-volume oral formulations for diverse consumer segments. Naxpar Pharma Private Limited serves as its subsidiary in these operations. The firm's primary customers are likely healthcare providers, pharmacies, and distributors within the pharmaceutical industry, though specific buyer details are not disclosed. Parnax Lab Ltd. operates through the pharmaceutical formulations segment, emphasizing export-driven manufacturing and trading activities. Its product portfolio targets various health needs, from pediatric to geriatric care, with a strong focus on oral delivery systems. Parnax Lab is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Parnax Lab stock

Interest Coverage Ratio of Parnax Lab is 3.96 in 2025.

Interest Coverage Ratio of Parnax Lab changed from 3.32 to 3.96, representing a 19.20% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Parnax Lab 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 Parnax Lab with sector peers and the industry average to assess whether it is attractive.

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