Riddhi Steel and Tube (BOM:540082) Interest Expense: ₹-139 Mil (TTM As of Mar. 2026)

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BOM:540082 Riddhi Steel and Tube Ltd BOM:540082
48 GF Score
Price ₹196.40
GF Value ₹86.44
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Riddhi Steel and Tube Interest Expense?

Riddhi Steel and Tube BOM:540082 48 Interest Expense is ₹-139 Mil as of Mar. 2026. GuruFocus rates BOM:540082 with a GF Score™ of 48/100 and a GF Value™ of ₹86.44 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Riddhi Steel and Tube's interest expense for the six months ended in Mar. 2026 was ₹ -71 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-139 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. Riddhi Steel and Tube's Operating Income for the six months ended in Mar. 2026 was ₹ 119 Mil. Riddhi Steel and Tube's Interest Expense for the six months ended in Mar. 2026 was ₹ -71 Mil. Riddhi Steel and Tube's Interest Coverage for the quarter that ended in Mar. 2026 was 1.67. 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.


Riddhi Steel and Tube  (BOM:540082) 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.

Riddhi Steel and Tube's Interest Expense for the six months ended in Mar. 2026 was ₹-71 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹119 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹449 Mil.

Riddhi Steel and Tube'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*119.231/-71.211
=1.67

* 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.


Riddhi Steel and Tube Interest Expense Historical Data

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The historical data trend for Riddhi Steel and Tube'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.

Riddhi Steel and Tube Interest Expense Chart

Riddhi Steel and Tube 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 -110.24 -113.76 -111.25 -115.02 -138.85

Riddhi Steel and Tube Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -46.33 -56.27 -58.75 -67.64 -71.21
BOM:540082
48GF Score
Riddhi Steel and Tube Ltd BOM:540082
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Riddhi Steel and Tube 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-139 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 ₹-139 Mil mean?
Riddhi Steel and Tube (BOM:540082) has a Interest Expense of ₹-139 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Riddhi Steel and Tube and its competitors.
Is Riddhi Steel and Tube's Interest Expense too high?
Riddhi Steel and Tube's current Interest Expense is ₹-139 Mil. Overall, Riddhi Steel and Tube has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Riddhi Steel and Tube's Interest Expense compare to NUE and STLD?
Riddhi Steel and Tube's Interest Expense of ₹-139 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 Riddhi Steel and Tube and its competitors. Riddhi Steel and Tube's current Interest Expense is ₹-139 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riddhi Steel and Tube stock overvalued right now?
Based on GuruFocus' analysis, Riddhi Steel and Tube (BOM:540082) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹86.44, compared to a current price of ₹196.40 — trading 127.2% above its estimated fair value. The current Interest Expense is ₹-139 Mil. Riddhi Steel and Tube's overall GF Score™ is 48/100 with 1 warning sign 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 Riddhi Steel and Tube (BOM:540082), the current Interest Expense is ₹-139 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 Riddhi Steel and Tube (BOM:540082) Overvalued in 2026?

Based on GuruFocus' analysis, Riddhi Steel and Tube stock appears to be overvalued. The current stock price of ₹196.40 is trading 127.2% above its estimated GF Value™ of ₹86.44. GuruFocus considers Riddhi Steel and Tube to be Significantly Overvalued.

Key valuation signals for BOM:540082:

  • Interest Expense: ₹-139 Mil
  • GF Value™: ₹86.44 vs. price of ₹196.40 (127.2% above fair value)
  • GF Score™: 48/100 with 1 warning sign

No single metric tells the full story. See the BOM:540082 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Riddhi Steel and Tube Business Description

Address Piplaj Pirana Road, 83/84, Opposite Devraj Industrial Park, Post- Aslali, Village - Kamod, Ahmedabad, GJ, IND, 382427
Riddhi Steel and Tube Ltd is engaged in manufacturing and galvanised steel pipes in various sizes, tubes, and hollow profiles and of tube and pipe fittings of cast iron or cast steel. The product line of the company includes MS Black Pipes, Pre-Galvanised Pipes, and Galvanised Pipes, which are used in agriculture, industry, and construction activities like scaffolding and casing in bore wells; Square and Rectangular Hollow Sections used in engineering applications, Pre-Galvanised Pipes used by various manufacturers. The company generates all of its revenue from Domestic sales.
48GF Score

Get the complete analysis for BOM:540082

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

₹196.40
Price
₹86.44
GF Value