Akshar Spintex (NSE:AKSHAR) Interest Expense: ₹-4 Mil (TTM As of Jun. 2026)

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NSE:AKSHAR Akshar Spintex Ltd NSE:AKSHAR
40 GF Score
Price ₹0.41
GF Value ₹0.53
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Akshar Spintex Interest Expense?

Akshar Spintex NSE:AKSHAR 40 Interest Expense is ₹-4 Mil as of Jun. 2026. GuruFocus rates NSE:AKSHAR with a GF Score™ of 40/100 and a GF Value™ of ₹0.53 (Modestly Undervalued). 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. Akshar Spintex's interest expense for the three months ended in Jun. 2026 was ₹ -1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-4 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. Akshar Spintex's Operating Income for the three months ended in Jun. 2026 was ₹ 5 Mil. Akshar Spintex's Interest Expense for the three months ended in Jun. 2026 was ₹ -1 Mil. Akshar Spintex's Interest Coverage for the quarter that ended in Jun. 2026 was 7.25. 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.

Akshar Spintex  (NSE:AKSHAR) 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.

Akshar Spintex's Interest Expense for the three months ended in Jun. 2026 was ₹-1 Mil. Its Operating Income for the three months ended in Jun. 2026 was ₹5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was ₹0 Mil.

Akshar Spintex's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*5.429/-0.749
=7.25

* 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.

Akshar Spintex Interest Expense Historical Data

* Premium members only.

The historical data trend for Akshar 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.

Akshar Spintex Interest Expense Chart

Akshar Spintex 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 -24.16 -16.64 -13.08 -10.90 -4.12

Akshar Spintex Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 Premium Member Only -1.20 -1.09 -0.97 -0.85 -0.75
NSE:AKSHAR
40GF Score
Akshar Spintex Ltd NSE:AKSHAR
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Akshar 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-4 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 ₹-4 Mil mean?
Akshar Spintex (NSE:AKSHAR) has a Interest Expense of ₹-4 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Akshar Spintex and its competitors.
Is Akshar Spintex's Interest Expense too high?
Akshar Spintex's current Interest Expense is ₹-4 Mil. Overall, Akshar Spintex has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Akshar Spintex's Interest Expense compare to competitors?
Akshar Spintex's Interest Expense of ₹-4 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 Akshar Spintex and its competitors. Akshar Spintex's current Interest Expense is ₹-4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akshar Spintex stock overvalued right now?
Based on GuruFocus' analysis, Akshar Spintex (NSE:AKSHAR) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹0.53, compared to a current price of ₹0.41 — trading 22.6% below its estimated fair value. The current Interest Expense is ₹-4 Mil. Akshar Spintex's overall GF Score™ is 40/100 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 Akshar Spintex (NSE:AKSHAR), the current Interest Expense is ₹-4 Mil as of Jun. 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 Akshar Spintex (NSE:AKSHAR) Overvalued in 2026?

Based on GuruFocus' analysis, Akshar Spintex stock appears to be undervalued. The current stock price of ₹0.41 is trading 22.6% below its estimated GF Value™ of ₹0.53. GuruFocus considers Akshar Spintex to be Modestly Undervalued.

Key valuation signals for NSE:AKSHAR:

  • Interest Expense: ₹-4 Mil
  • GF Value™: ₹0.53 vs. price of ₹0.41 (22.6% below fair value)
  • GF Score™: 40/100 with 4 warning signs

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

Akshar Spintex Business Description

Other Exchanges 541303:India
Address 150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others. It operates under one segment which is Spinning of Cotton Yarn.
40GF Score

Get the complete analysis for NSE:AKSHAR

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

₹0.41
Price
₹0.53
GF Value