Nova Iron & Steel (BOM:513566) Interest Expense: ₹-105 Mil (TTM As of Dec. 2025)

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BOM:513566 Nova Iron & Steel Ltd BOM:513566
53 GF Score
Price ₹12.19
GF Value ₹13.07
Valuation Fairly Valued
! 6 Warning Signs
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What is Nova Iron & Steel Interest Expense?

Nova Iron & Steel BOM:513566 -1.30% 53 Interest Expense is ₹-105 Mil as of Dec. 2025. GuruFocus rates BOM:513566 with a GF Score™ of 53/100 and a GF Value™ of ₹13.07 (Fairly Valued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nova Iron & Steel's interest expense for the three months ended in Dec. 2025 was ₹ -47 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2025 was ₹-105 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. Nova Iron & Steel's Operating Income for the three months ended in Dec. 2025 was ₹ -75 Mil. Nova Iron & Steel's Interest Expense for the three months ended in Dec. 2025 was ₹ -47 Mil. Nova Iron & Steel 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.

Nova Iron & Steel  (BOM:513566) 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.

Nova Iron & Steel's Interest Expense for the three months ended in Dec. 2025 was ₹-47 Mil. Its Operating Income for the three months ended in Dec. 2025 was ₹-75 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2025 was ₹0 Mil.

Nova Iron & Steel's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Nova Iron & Steel 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.

Nova Iron & Steel Interest Expense Historical Data

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The historical data trend for Nova Iron & Steel'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.

Nova Iron & Steel Interest Expense Chart

Nova Iron & Steel Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.41 -248.75 -172.58 -245.22 -110.50

Nova Iron & Steel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -29.51 -8.07 -14.97 -34.77 -47.24
BOM:513566
53GF Score
Nova Iron & Steel Ltd BOM:513566
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nova Iron & Steel 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-105 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 ₹-105 Mil mean?
Nova Iron & Steel (BOM:513566) has a Interest Expense of ₹-105 Mil as of Dec. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Nova Iron & Steel and its competitors.
Is Nova Iron & Steel's Interest Expense too high?
Nova Iron & Steel's current Interest Expense is ₹-105 Mil. Overall, Nova Iron & Steel has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nova Iron & Steel's Interest Expense compare to NUE and STLD?
Nova Iron & Steel's Interest Expense of ₹-105 Mil can be compared against companies in the Steel 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 a Steel company?
A good Interest Expense depends on the Steel 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 Nova Iron & Steel and its competitors. Nova Iron & Steel's current Interest Expense is ₹-105 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova Iron & Steel stock overvalued right now?
Based on GuruFocus' analysis, Nova Iron & Steel (BOM:513566) is currently considered Fairly Valued. The stock's GF Value™ is ₹13.07, compared to a current price of ₹12.19 — trading 6.7% below its estimated fair value. The current Interest Expense is ₹-105 Mil. Nova Iron & Steel's overall GF Score™ is 53/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Nova Iron & Steel (BOM:513566), the current Interest Expense is ₹-105 Mil as of Dec. 2025. 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 Nova Iron & Steel (BOM:513566) Overvalued in 2026?

Based on GuruFocus' analysis, Nova Iron & Steel stock appears to be undervalued. The current stock price of ₹12.19 is trading 6.7% below its estimated GF Value™ of ₹13.07. GuruFocus considers Nova Iron & Steel to be Fairly Valued.

Key valuation signals for BOM:513566:

  • Interest Expense: ₹-105 Mil
  • GF Value™: ₹13.07 vs. price of ₹12.19 (6.7% below fair value)
  • GF Score™: 53/100 with 6 warning signs

No single metric tells the full story. See the BOM:513566 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Nova Iron & Steel Business Description

Address Village Dagori, Tehsil Belha, Bilaspur, CT, IND, 495224
Nova Iron & Steel Ltd is an Indian company engaged in the business of manufacturing and trading iron, steel, metals, securities, and natural resources.
53GF Score

Get the complete analysis for BOM:513566

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

₹12.19
Price
₹13.07
GF Value