Narmadesh Brass Industries (BOM:544680) Interest Expense: ₹-15.2 Mil (TTM As of Mar. 2026)

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BOM:544680 Narmadesh Brass Industries Ltd BOM:544680
14 GF Score
Price ₹309.75
! 4 Warning Signs
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What is Narmadesh Brass Industries Interest Expense?

Narmadesh Brass Industries BOM:544680 14 Interest Expense is ₹-15.2 Mil as of Mar. 2026. GuruFocus rates BOM:544680 with a GF Score™ of 14/100. The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Narmadesh Brass Industries's interest expense for the six months ended in Mar. 2026 was ₹ -7.6 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-15.2 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. Narmadesh Brass Industries's Operating Income for the six months ended in Mar. 2026 was ₹ -12.6 Mil. Narmadesh Brass Industries's Interest Expense for the six months ended in Mar. 2026 was ₹ -7.6 Mil. Narmadesh Brass Industries 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.


Narmadesh Brass Industries  (BOM:544680) 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.

Narmadesh Brass Industries's Interest Expense for the six months ended in Mar. 2026 was ₹-7.6 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹-12.6 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹31.3 Mil.

Narmadesh Brass Industries's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Narmadesh Brass Industries 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.


Narmadesh Brass Industries Interest Expense Historical Data

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The historical data trend for Narmadesh Brass Industries'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.

Narmadesh Brass Industries Interest Expense Chart

Narmadesh Brass Industries Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Expense
-4.34 -7.21 -14.50 -15.64

Narmadesh Brass Industries Semi-Annual Data
Mar23 Mar24 Mar25 Sep25 Mar26
Interest Expense 0.00 0.00 0.00 -7.59 -7.59
BOM:544680
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Narmadesh Brass Industries Ltd BOM:544680
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Narmadesh Brass Industries 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 ₹-15.2 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 ₹-15.2 Mil mean?
Narmadesh Brass Industries (BOM:544680) has a Interest Expense of ₹-15.2 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Narmadesh Brass Industries and its competitors.
Is Narmadesh Brass Industries' Interest Expense too high?
Narmadesh Brass Industries' current Interest Expense is ₹-15.2 Mil. Overall, Narmadesh Brass Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Narmadesh Brass Industries' Interest Expense compare to CRS and ATI?
Narmadesh Brass Industries' Interest Expense of ₹-15.2 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 Narmadesh Brass Industries and its competitors. Narmadesh Brass Industries's current Interest Expense is ₹-15.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmadesh Brass Industries stock overvalued right now?
Narmadesh Brass Industries (BOM:544680) has a current Interest Expense of ₹-15.2 Mil. The current Interest Expense is ₹-15.2 Mil. Narmadesh Brass Industries' overall GF Score™ is 14/100 with 4 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 Narmadesh Brass Industries (BOM:544680), the current Interest Expense is ₹-15.2 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.

Narmadesh Brass Industries Business Description

Address Jamnagar - Lalpur Road, Plot No. 5, 8 & 9, Survey No. 433, Shree Ganesh Industrial Hub, Changa Village, Jamnagar, GJ, IND, 361 012
Narmadesh Brass Industries Ltd is engaged in manufacturing a diverse range of brass products catering to both domestic and international markets. It also offers casting and forging services related to brass components. Its product offering includes brass rods, brass billets, agricultural sprayer parts, garden fittings, ball valves, non-return valves (NRVs), turning components and plumbing fittings, sanitary fittings, brass compression fittings etc. The company is operating in a single business segment i.e. Manufacturing and trading of Brass items. The company derives a substantial portion of revenue from the sale of its products, with the majority generated from the sale of Brass Rods.
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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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