Garware Marine Industries (BOM:509563) Interest Expense: ₹-0.00 Mil (TTM As of Mar. 2026)

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BOM:509563 Garware Marine Industries Ltd BOM:509563
64 GF Score
Price ₹21.08
GF Value ₹24.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Garware Marine Industries Interest Expense?

Garware Marine Industries BOM:509563 -0.14% 64 Interest Expense is ₹-0.00 Mil as of Mar. 2026. GuruFocus rates BOM:509563 with a GF Score™ of 64/100 and a GF Value™ of ₹24.52 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Garware Marine Industries's interest expense for the three months ended in Mar. 2026 was ₹ -0.00 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-0.00 Mil.

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. Garware Marine Industries's Operating Income for the three months ended in Mar. 2026 was ₹ -0.58 Mil. Garware Marine Industries's Interest Expense for the three months ended in Mar. 2026 was ₹ -0.00 Mil. Garware Marine Industries did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Garware Marine Industries  (BOM:509563) Interest Expense Explanation

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. The higher, the better.

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

Garware Marine Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-0.00 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹-0.58 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹0.00 Mil.

Garware Marine Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Garware Marine Industries did not have earnings to cover the 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.

The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Garware Marine Industries Ltd has no debt.


Garware Marine Industries Interest Expense Historical Data

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The historical data trend for Garware Marine Industries's Interest Expense 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.

Garware Marine Industries Interest Expense Chart

Garware Marine Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.01 -0.04 -0.00 -0.00

Garware Marine Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Expense 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 0.05 -0.00 0.00 -0.00 -0.00
BOM:509563
64GF Score
Garware Marine Industries Ltd BOM:509563
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Marine Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-0.00 Mil.

* 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.

Frequently Asked Questions Learn more about Interest Expense →
What does a Interest Expense of ₹-0.00 Mil mean?
Garware Marine Industries (BOM:509563) has a Interest Expense of ₹-0.00 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Garware Marine Industries and its competitors.
Is Garware Marine Industries' Interest Expense too high?
Garware Marine Industries' current Interest Expense is ₹-0.00 Mil. Overall, Garware Marine Industries has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Marine Industries' Interest Expense compare to SPCX and GE?
Garware Marine Industries' Interest Expense of ₹-0.00 Mil can be compared against companies in the Aerospace & Defense industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Expense for an Aerospace & Defense company?
A good Interest Expense depends on the Aerospace & Defense industry context. However, Interest Expense 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 Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Garware Marine Industries and its competitors. Garware Marine Industries's current Interest Expense is ₹-0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Marine Industries stock overvalued right now?
Based on GuruFocus' analysis, Garware Marine Industries (BOM:509563) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.52, compared to a current price of ₹21.08 — trading 14% below its estimated fair value. The current Interest Expense is ₹-0.00 Mil. Garware Marine Industries' overall GF Score™ is 64/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Garware Marine Industries (BOM:509563), the current Interest Expense is ₹-0.00 Mil 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 Garware Marine Industries (BOM:509563) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Marine Industries stock appears to be undervalued. The current stock price of ₹21.08 is trading 14% below its estimated GF Value™ of ₹24.52. GuruFocus considers Garware Marine Industries to be Modestly Undervalued.

Key valuation signals for BOM:509563:

  • Interest Expense: ₹-0.00 Mil
  • GF Value™: ₹24.52 vs. price of ₹21.08 (14% below fair value)
  • GF Score™: 64/100 with 2 warning signs

No single metric tells the full story. See the BOM:509563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Garware Marine Industries Business Description

Address D.N. Road, 03rd Floor, Prospect Chambers, Fort, Mumbai, MH, IND, 400 001
Garware Marine Industries Ltd is an India-based company engaged in the repair of vessels. The principal product/service includes ship repair services. The ship repair services provided by the company include Pump overhauls, Engine overhauls, Hydraulic repairs, gearbox repair, and Pipeline and other marine fabrication jobs.
64GF Score

Get the complete analysis for BOM:509563

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

₹21.08
Price
₹24.52
GF Value