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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Magna Electro Castings's interest expense for the
three
months ended in Mar. 2026 was ₹ -4 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-10 Mil.
Magna Electro Castings (BOM:517449) 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.
* 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.
Magna Electro Castings Interest Expense Historical Data
* Premium members only.
The historical data trend for Magna Electro Castings'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.
Magna Electro Castings 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 ₹-10 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.
Magna Electro Castings (BOM:517449) has a Interest Expense of ₹-10 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Magna Electro Castings and its competitors.
Is Magna Electro Castings' Interest Expense too high?
Magna Electro Castings' current Interest Expense is ₹-10 Mil. Overall, Magna Electro Castings has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magna Electro Castings' Interest Expense compare to CRS and ATI?
Magna Electro Castings' Interest Expense of ₹-10 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 Magna Electro Castings and its competitors. Magna Electro Castings's current Interest Expense is ₹-10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Electro Castings stock overvalued right now?
Based on GuruFocus' analysis, Magna Electro Castings (BOM:517449) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹928.68, compared to a current price of ₹1,210.90 — trading 30.4% above its estimated fair value. The current Interest Expense is ₹-10 Mil. Magna Electro Castings' overall GF Score™ is 75/100 with 7 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 Magna Electro Castings (BOM:517449), the current Interest Expense is ₹-10 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 Magna Electro Castings (BOM:517449) Overvalued in 2026?
Based on GuruFocus' analysis, Magna Electro Castings stock appears to be overvalued.
The current stock price of ₹1,210.90 is trading 30.4% above its estimated GF Value™ of ₹928.68.
GuruFocus considers Magna Electro Castings to be Modestly Overvalued.
Key valuation signals for BOM:517449:
Interest Expense: ₹-10 Mil
GF Value™: ₹928.68 vs. price of ₹1,210.90 (30.4% above fair value)
No single metric tells the full story. See the BOM:517449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magna Electro Castings Ltd is engaged in manufacturing and supplying ferrous components in small and medium volumes. The company specializes in the manufacture of Ductile Iron and Gray Iron castings including Grey Iron, SG (spheroidal graphite) iron, and other iron alloy castings-machined and unmachined steel components. The company also produces fully machined components. The company has the following divisions; the Foundry division; the Wind Energy Generation division; and the Solar Energy division. The company earns the majority of its revenue from the Foundry division.
75GF Score
Get the complete analysis for BOM:517449
Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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