Poddar Housing and Development (BOM:523628) Interest Expense: ₹-559.8 Mil (TTM As of Mar. 2024)

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BOM:523628 Poddar Housing and Development Ltd BOM:523628
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What is Poddar Housing and Development Interest Expense?

Poddar Housing and Development BOM:523628 4 Interest Expense is ₹-559.8 Mil as of Mar. 2024. GuruFocus rates BOM:523628 with a GF Score™ of 4/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Poddar Housing and Development's interest expense for the three months ended in Mar. 2024 was ₹ -176.2 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-559.8 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. Poddar Housing and Development's Operating Income for the three months ended in Mar. 2024 was ₹ 177.5 Mil. Poddar Housing and Development's Interest Expense for the three months ended in Mar. 2024 was ₹ -176.2 Mil. Poddar Housing and Development's Interest Coverage for the quarter that ended in Mar. 2024 was 1.01. 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.

Poddar Housing and Development  (BOM:523628) 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.

Poddar Housing and Development's Interest Expense for the three months ended in Mar. 2024 was ₹-176.2 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹177.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹653.7 Mil.

Poddar Housing and Development's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*177.529/-176.244
=1.01

* 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.

Poddar Housing and Development Interest Expense Historical Data

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The historical data trend for Poddar Housing and Development'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.

Poddar Housing and Development Interest Expense Chart

Poddar Housing and Development Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.01 -75.88 -174.21 -394.88 -729.64

Poddar Housing and Development Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 -151.66 -114.42 -180.52 -203.08 -176.24
BOM:523628
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Poddar Housing and Development Ltd BOM:523628
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Poddar Housing and Development 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-559.8 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 ₹-559.8 Mil mean?
Poddar Housing and Development (BOM:523628) has a Interest Expense of ₹-559.8 Mil as of Mar. 2024. Interest Expense is the amount a company pays on its long-term debt. View historical data on Poddar Housing and Development and its competitors.
Is Poddar Housing and Development's Interest Expense too high?
Poddar Housing and Development's current Interest Expense is ₹-559.8 Mil. Overall, Poddar Housing and Development has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Poddar Housing and Development's Interest Expense compare to competitors?
Poddar Housing and Development's Interest Expense of ₹-559.8 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Interest Expense depends on the Real Estate 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 Poddar Housing and Development and its competitors. Poddar Housing and Development's current Interest Expense is ₹-559.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poddar Housing and Development stock overvalued right now?
Poddar Housing and Development (BOM:523628) has a current Interest Expense of ₹-559.8 Mil. The current Interest Expense is ₹-559.8 Mil. Poddar Housing and Development's overall GF Score™ is 4/100. 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 Poddar Housing and Development (BOM:523628), the current Interest Expense is ₹-559.8 Mil as of Mar. 2024. 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.

Poddar Housing and Development Business Description

Address 126, N.M. Joshi Marg, Poddar Group Building, Unit Number 3 and 5, Neeru Silk Mills, Mathuradas Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013
Poddar Housing and Development Ltd is engaged in the real estate business. It is involved in the construction, development and sale of the real estate segment. The company operates under various brands that are Poddar Svakam, Poddar Anantah, and Poddar Spraha. The sale of properties generate maximum revenue for the company. Its project consists of Samruddhi Evergreens, Samruddhi Complex, Poddar Svakam Vihar, and others. The company operates in the Indian region.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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