Maiden Forgings (BOM:543874) Interest Expense: ₹-68 Mil (TTM As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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BOM:543874 Maiden Forgings Ltd BOM:543874
73 GF Score
Price ₹106.00
GF Value ₹91.07
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Maiden Forgings Interest Expense?

Maiden Forgings BOM:543874 -0.93% 73 Interest Expense is ₹-68 Mil as of Mar. 2026. GuruFocus rates BOM:543874 with a GF Score™ of 73/100 and a GF Value™ of ₹91.07 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Maiden Forgings's interest expense for the six months ended in Mar. 2026 was ₹ -41 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-68 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. Maiden Forgings's Operating Income for the six months ended in Mar. 2026 was ₹ 81 Mil. Maiden Forgings's Interest Expense for the six months ended in Mar. 2026 was ₹ -41 Mil. Maiden Forgings's Interest Coverage for the quarter that ended in Mar. 2026 was 1.97. 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.

Maiden Forgings  (BOM:543874) 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.

Maiden Forgings's Interest Expense for the six months ended in Mar. 2026 was ₹-41 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹81 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹171 Mil.

Maiden Forgings'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*81.343/-41.213
=1.97

* 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.

Maiden Forgings Interest Expense Historical Data

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The historical data trend for Maiden Forgings'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.

Maiden Forgings Interest Expense Chart

Maiden Forgings Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -59.55 -54.79 -59.16 -73.17 -67.81

Maiden Forgings Semi-Annual Data
Mar20 Mar21 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 -29.35 -28.23 -44.95 -26.59 -41.21
BOM:543874
73GF Score
Maiden Forgings Ltd BOM:543874
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Maiden Forgings 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 ₹-68 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 ₹-68 Mil mean?
Maiden Forgings (BOM:543874) has a Interest Expense of ₹-68 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Maiden Forgings and its competitors.
Is Maiden Forgings' Interest Expense too high?
Maiden Forgings' current Interest Expense is ₹-68 Mil. Overall, Maiden Forgings has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Maiden Forgings' Interest Expense compare to ATI and CRS?
Maiden Forgings' Interest Expense of ₹-68 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 Maiden Forgings and its competitors. Maiden Forgings's current Interest Expense is ₹-68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maiden Forgings stock overvalued right now?
Based on GuruFocus' analysis, Maiden Forgings (BOM:543874) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹91.07, compared to a current price of ₹106.00 — trading 16.4% above its estimated fair value. The current Interest Expense is ₹-68 Mil. Maiden Forgings' overall GF Score™ is 73/100 with 6 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 Maiden Forgings (BOM:543874), the current Interest Expense is ₹-68 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 Maiden Forgings (BOM:543874) Overvalued in 2026?

Based on GuruFocus' analysis, Maiden Forgings stock appears to be overvalued. The current stock price of ₹106.00 is trading 16.4% above its estimated GF Value™ of ₹91.07. GuruFocus considers Maiden Forgings to be Modestly Overvalued.

Key valuation signals for BOM:543874:

  • Interest Expense: ₹-68 Mil
  • GF Value™: ₹91.07 vs. price of ₹106.00 (16.4% above fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the BOM:543874 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Maiden Forgings Business Description

Address Kavi Nagar Industrial Area, E 201, Ghaziabad, UP, IND, 201002
Maiden Forgings Ltd is engaged in manufacturing and selling ferrous metal products, including steel bright bars, wires, profiles, ground bars, and nails (collated and loose).
73GF Score

Get the complete analysis for BOM:543874

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

₹106.00
Price
₹91.07
GF Value