Elgi Equipments (BOM:522074) Interest Expense: ₹-254 Mil (TTM As of Mar. 2026)

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BOM:522074 Elgi Equipments Ltd BOM:522074
98 GF Score
Price ₹569.55
GF Value ₹675.52
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Elgi Equipments Interest Expense?

Elgi Equipments BOM:522074 +0.15% 98 Interest Expense is ₹-254 Mil as of Mar. 2026. GuruFocus rates BOM:522074 with a GF Score™ of 98/100 and a GF Value™ of ₹675.52 (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. Elgi Equipments's interest expense for the three months ended in Mar. 2026 was ₹ -61 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-254 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. Elgi Equipments's Operating Income for the three months ended in Mar. 2026 was ₹ 1,492 Mil. Elgi Equipments's Interest Expense for the three months ended in Mar. 2026 was ₹ -61 Mil. Elgi Equipments's Interest Coverage for the quarter that ended in Mar. 2026 was 24.46. 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.

Elgi Equipments  (BOM:522074) 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.

Elgi Equipments's Interest Expense for the three months ended in Mar. 2026 was ₹-61 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹1,492 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹892 Mil.

Elgi Equipments's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*1492/-61
=24.46

* 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.

Elgi Equipments Interest Expense Historical Data

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The historical data trend for Elgi Equipments'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.

Elgi Equipments Interest Expense Chart

Elgi Equipments 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 -111.11 -197.70 -293.00 -305.00 -254.00

Elgi Equipments 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 -79.00 -73.00 -70.00 -50.00 -61.00
BOM:522074
98GF Score
Elgi Equipments Ltd BOM:522074
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Elgi Equipments 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 ₹-254 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 ₹-254 Mil mean?
Elgi Equipments (BOM:522074) has a Interest Expense of ₹-254 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Elgi Equipments and its competitors.
Is Elgi Equipments' Interest Expense too high?
Elgi Equipments' current Interest Expense is ₹-254 Mil. Overall, Elgi Equipments has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elgi Equipments' Interest Expense compare to GEV and ETN?
Elgi Equipments' Interest Expense of ₹-254 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 Elgi Equipments and its competitors. Elgi Equipments's current Interest Expense is ₹-254 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elgi Equipments stock overvalued right now?
Based on GuruFocus' analysis, Elgi Equipments (BOM:522074) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹675.52, compared to a current price of ₹569.55 — trading 15.7% below its estimated fair value. The current Interest Expense is ₹-254 Mil. Elgi Equipments' overall GF Score™ is 98/100 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 Elgi Equipments (BOM:522074), the current Interest Expense is ₹-254 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 Elgi Equipments (BOM:522074) Overvalued in 2026?

Based on GuruFocus' analysis, Elgi Equipments stock appears to be undervalued. The current stock price of ₹569.55 is trading 15.7% below its estimated GF Value™ of ₹675.52. GuruFocus considers Elgi Equipments to be Modestly Undervalued.

Key valuation signals for BOM:522074:

  • Interest Expense: ₹-254 Mil
  • GF Value™: ₹675.52 vs. price of ₹569.55 (15.7% below fair value)
  • GF Score™: 98/100 with 2 warning signs

No single metric tells the full story. See the BOM:522074 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Elgi Equipments Business Description

Other Exchanges ELGIEQUIP:India
Address Trichy Road, Elgi Industrial Complex III, Singanallur, Coimbatore, TN, IND, 641005
Elgi Equipments Ltd manufactures air compressors and compressed air systems. The segment in which the group operates includes Air Compressors and Automotive Equipment. Its products include piston compressors, electric lubricated screw compressors, electric oil-free screw compressors, portable compressors, railway compressors, and air accessories. Geographically, it derives a majority of its revenue from India and also has a presence in the United States of America, Italy, Australia, and other countries. It serves the Textile; Manufacturing; Automotive; Agriculture and Construction industries.
98GF Score

Get the complete analysis for BOM:522074

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

₹569.55
Price
₹675.52
GF Value