Shine Fashions (India) (BOM:543244) Interest Expense: ₹-8 Mil (TTM As of Mar. 2026)

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BOM:543244 Shine Fashions (India) Ltd BOM:543244
72 GF Score
Price ₹24.49
GF Value ₹57.23
Valuation Possible Value Trap
! 7 Warning Signs
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What is Shine Fashions (India) Interest Expense?

Shine Fashions (India) BOM:543244 +9.33% 72 Interest Expense is ₹-8 Mil as of Mar. 2026. GuruFocus rates BOM:543244 with a GF Score™ of 72/100 and a GF Value™ of ₹57.23 (Possible Value Trap). 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. Shine Fashions (India)'s interest expense for the six months ended in Mar. 2026 was ₹ -6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-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. Shine Fashions (India)'s Operating Income for the six months ended in Mar. 2026 was ₹ 48 Mil. Shine Fashions (India)'s Interest Expense for the six months ended in Mar. 2026 was ₹ -6 Mil. Shine Fashions (India)'s Interest Coverage for the quarter that ended in Mar. 2026 was 8.77. 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.

Shine Fashions (India)  (BOM:543244) 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.

Shine Fashions (India)'s Interest Expense for the six months ended in Mar. 2026 was ₹-6 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹48 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹2 Mil.

Shine Fashions (India)'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*48.269/-5.504
=8.77

* 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.

Shine Fashions (India) Interest Expense Historical Data

* Premium members only.

The historical data trend for Shine Fashions (India)'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.

Shine Fashions (India) Interest Expense Chart

Shine Fashions (India) Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -0.58 -0.57 -0.33 -0.38 -8.30

Shine Fashions (India) Semi-Annual Data
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 -0.12 -0.12 -0.26 -2.79 -5.50
BOM:543244
72GF Score
Shine Fashions (India) Ltd BOM:543244
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shine Fashions (India) 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 ₹-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 ₹-8 Mil mean?
Shine Fashions (India) (BOM:543244) has a Interest Expense of ₹-8 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Shine Fashions (India) and its competitors.
Is Shine Fashions (India)'s Interest Expense too high?
Shine Fashions (India)'s current Interest Expense is ₹-8 Mil. Overall, Shine Fashions (India) has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shine Fashions (India)'s Interest Expense compare to competitors?
Shine Fashions (India)'s Interest Expense of ₹-8 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Interest Expense depends on the Manufacturing - Apparel & Accessories 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 Shine Fashions (India) and its competitors. Shine Fashions (India)'s current Interest Expense is ₹-8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Fashions (India) stock overvalued right now?
Based on GuruFocus' analysis, Shine Fashions (India) (BOM:543244) is currently considered Possible Value Trap. The stock's GF Value™ is ₹57.23, compared to a current price of ₹24.49 — trading 57.2% below its estimated fair value. The current Interest Expense is ₹-8 Mil. Shine Fashions (India)'s overall GF Score™ is 72/100 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 Shine Fashions (India) (BOM:543244), the current Interest Expense is ₹-8 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 Shine Fashions (India) (BOM:543244) Overvalued in 2026?

Based on GuruFocus' analysis, Shine Fashions (India) stock appears to be undervalued. The current stock price of ₹24.49 is trading 57.2% below its estimated GF Value™ of ₹57.23. GuruFocus considers Shine Fashions (India) to be Possible Value Trap.

Key valuation signals for BOM:543244:

  • Interest Expense: ₹-8 Mil
  • GF Value™: ₹57.23 vs. price of ₹24.49 (57.2% below fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the BOM:543244 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shine Fashions (India) Business Description

Address L.B.S.Road,Opposite Veena Nagar, 912, 9th Floor, Runwal R Square, Mulund west, Mumbai, MH, IND, 400 080
Shine Fashions (India) Ltd imports, supplies, and trades non-woven interlining fabrics, woven fusible interlinings, and microdot fusible interlinings. The company's product portfolio includes Hot Web Adhesive; Woven Stretch Interlining; Cap Interlining; Tricot; Non-Woven Interlining; Cotton Fusible Interlining; and Trafetta. It offers products in white, off-white, black, and charcoal.
72GF Score

Get the complete analysis for BOM:543244

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

₹24.49
Price
₹57.23
GF Value