Evans Electric (BOM:542668) Interest Expense: ₹-3.1 Mil (TTM As of Mar. 2026)

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BOM:542668 Evans Electric Ltd BOM:542668
67 GF Score
Price ₹75.50
GF Value ₹61.45
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Evans Electric Interest Expense?

Evans Electric BOM:542668 +4.86% 67 Interest Expense is ₹-3.1 Mil as of Mar. 2026. GuruFocus rates BOM:542668 with a GF Score™ of 67/100 and a GF Value™ of ₹61.45 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Evans Electric's interest expense for the six months ended in Mar. 2026 was ₹ -3.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-3.1 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. Evans Electric's Operating Income for the six months ended in Mar. 2026 was ₹ -8.4 Mil. Evans Electric's Interest Expense for the six months ended in Mar. 2026 was ₹ -3.1 Mil. Evans Electric 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.

Evans Electric  (BOM:542668) 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.

Evans Electric's Interest Expense for the six months ended in Mar. 2026 was ₹-3.1 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹-8.4 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹6.1 Mil.

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

Evans Electric 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.

Evans Electric Interest Expense Historical Data

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The historical data trend for Evans Electric'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.

Evans Electric Interest Expense Chart

Evans Electric 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 -0.19 -0.17 -0.13 -3.30 -3.09

Evans Electric Semi-Annual Data
Mar16 Mar17 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 1.72 -1.42 -1.88 0.00 -3.09
BOM:542668
67GF Score
Evans Electric Ltd BOM:542668
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Evans Electric 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 ₹-3.1 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 ₹-3.1 Mil mean?
Evans Electric (BOM:542668) has a Interest Expense of ₹-3.1 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Evans Electric and its competitors.
Is Evans Electric's Interest Expense too high?
Evans Electric's current Interest Expense is ₹-3.1 Mil. Overall, Evans Electric has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Evans Electric's Interest Expense compare to VRT and BE?
Evans Electric's Interest Expense of ₹-3.1 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 Evans Electric and its competitors. Evans Electric's current Interest Expense is ₹-3.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evans Electric stock overvalued right now?
Based on GuruFocus' analysis, Evans Electric (BOM:542668) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹61.45, compared to a current price of ₹75.50 — trading 22.9% above its estimated fair value. The current Interest Expense is ₹-3.1 Mil. Evans Electric's overall GF Score™ is 67/100 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 Evans Electric (BOM:542668), the current Interest Expense is ₹-3.1 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 Evans Electric (BOM:542668) Overvalued in 2026?

Based on GuruFocus' analysis, Evans Electric stock appears to be overvalued. The current stock price of ₹75.50 is trading 22.9% above its estimated GF Value™ of ₹61.45. GuruFocus considers Evans Electric to be Modestly Overvalued.

Key valuation signals for BOM:542668:

  • Interest Expense: ₹-3.1 Mil
  • GF Value™: ₹61.45 vs. price of ₹75.50 (22.9% above fair value)
  • GF Score™: 67/100 with 7 warning signs

No single metric tells the full story. See the BOM:542668 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Evans Electric Business Description

Address 430, Orchard Mall, 3rd Floor, A Wing, Royal Palms Estate, Aarey Milk Colony, Goregaon (East), Mumbai, MH, IND, 400065
Evans Electric Ltd is engaged in the business of repairing, re-winding, and re-designing small, medium, and large electric motors, generators, and transformers. It offers Power Generator Stators, Power Generator Rotors, Low and High Voltage Electric Motors and Generators, DC Motors and Generators, VFD Driven Motors, and Power and Distribution Transformers. The company derives its revenue only from India.
67GF Score

Get the complete analysis for BOM:542668

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

₹75.50
Price
₹61.45
GF Value