Shanti Spintex (BOM:544059) Interest Expense: ₹-28 Mil (TTM As of Mar. 2026)

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BOM:544059 Shanti Spintex Ltd BOM:544059
46 GF Score
Price ₹37.60
! 5 Warning Signs
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What is Shanti Spintex Interest Expense?

Shanti Spintex BOM:544059 +8.14% 46 Interest Expense is ₹-28 Mil as of Mar. 2026. GuruFocus rates BOM:544059 with a GF Score™ of 46/100. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shanti Spintex's interest expense for the six months ended in Mar. 2026 was ₹ -17 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-28 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. Shanti Spintex's Operating Income for the six months ended in Mar. 2026 was ₹ 34 Mil. Shanti Spintex's Interest Expense for the six months ended in Mar. 2026 was ₹ -17 Mil. Shanti Spintex's Interest Coverage for the quarter that ended in Mar. 2026 was 2.01. 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.


Shanti Spintex  (BOM:544059) 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.

Shanti Spintex's Interest Expense for the six months ended in Mar. 2026 was ₹-17 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹34 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹98 Mil.

Shanti Spintex'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*34.168/-17.04
=2.01

* 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.


Shanti Spintex Interest Expense Historical Data

* Premium members only.

The historical data trend for Shanti Spintex'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.

Shanti Spintex Interest Expense Chart

Shanti Spintex Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -23.74 -33.63 -32.21 -15.83 -28.15

Shanti Spintex Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only -13.71 -8.99 -6.84 -11.11 -17.04
BOM:544059
46GF Score
Shanti Spintex Ltd BOM:544059
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Shanti Spintex 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 ₹-28 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 ₹-28 Mil mean?
Shanti Spintex (BOM:544059) has a Interest Expense of ₹-28 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Shanti Spintex and its competitors.
Is Shanti Spintex's Interest Expense too high?
Shanti Spintex's current Interest Expense is ₹-28 Mil. Overall, Shanti Spintex has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Shanti Spintex's Interest Expense compare to competitors?
Shanti Spintex's Interest Expense of ₹-28 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 Shanti Spintex and its competitors. Shanti Spintex's current Interest Expense is ₹-28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanti Spintex stock overvalued right now?
Shanti Spintex (BOM:544059) has a current Interest Expense of ₹-28 Mil. The current Interest Expense is ₹-28 Mil. Shanti Spintex's overall GF Score™ is 46/100 with 5 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 Shanti Spintex (BOM:544059), the current Interest Expense is ₹-28 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.

Shanti Spintex Business Description

Address Ambli Bopal Road, A -1601, Navratna Corporate Park, Ahmedabad, GJ, IND, 380058
Shanti Spintex Ltd is engaged in the Manufacturing and selling of Cotton Yarn and Fabrics. It manufactures various types of denim fabrics such as power stretch spandex denim, knit denim, lightweight denim, rigid denim, over-dyed denim, and flat finish 3/1 denim and also offers denim fabrics in a diverse spectrum of shades such as indigo blue, IBST, sulphur black, sulphur grey, etc. The Company's operations encompass the utilization of diverse types of yarns such as cotton yarn, ring yarn, viscose yarn, slub yarn, cotton spandex, polyester spandex, tencel, lyocell, etc. The Company is currently organized into two operating activities - 1. Textile Manufacturing and 2. Windmill Operations. The company generates the majority of its revenue from the Textile segment.
46GF Score

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

₹37.60
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