Azad Engineering (NSE:AZAD) Interest Expense: ₹-308 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:AZAD Azad Engineering Ltd NSE:AZAD
47 GF Score
Price ₹2,326.70
! 9 Warning Signs
View Full Analysis

What is Azad Engineering Interest Expense?

Azad Engineering NSE:AZAD -2.18% 47 Interest Expense is ₹-308 Mil as of Mar. 2026. GuruFocus rates NSE:AZAD with a GF Score™ of 47/100. The stock has 9 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Azad Engineering's interest expense for the three months ended in Mar. 2026 was ₹ -99 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-308 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. Azad Engineering's Operating Income for the three months ended in Mar. 2026 was ₹ 445 Mil. Azad Engineering's Interest Expense for the three months ended in Mar. 2026 was ₹ -99 Mil. Azad Engineering's Interest Coverage for the quarter that ended in Mar. 2026 was 4.51. 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.

Azad Engineering  (NSE:AZAD) 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.

Azad Engineering's Interest Expense for the three months ended in Mar. 2026 was ₹-99 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹445 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹2,960 Mil.

Azad Engineering'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*445.17/-98.63
=4.51

* 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.

Azad Engineering Interest Expense Historical Data

* Premium members only.

The historical data trend for Azad Engineering'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.

Azad Engineering Interest Expense Chart

Azad Engineering Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -85.27 -266.69 -327.41 -183.89 -308.19

Azad Engineering Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -38.21 -59.11 -67.08 -83.37 -98.63
NSE:AZAD
47GF Score
Azad Engineering Ltd NSE:AZAD
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azad Engineering 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 quarterly data reported by the company within the most recent 12 months, which was ₹-308 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 ₹-308 Mil mean?
Azad Engineering (NSE:AZAD) has a Interest Expense of ₹-308 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Azad Engineering and its competitors.
Is Azad Engineering's Interest Expense too high?
Azad Engineering's current Interest Expense is ₹-308 Mil. Overall, Azad Engineering has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Azad Engineering's Interest Expense compare to GEV and ETN?
Azad Engineering's Interest Expense of ₹-308 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 Azad Engineering and its competitors. Azad Engineering's current Interest Expense is ₹-308 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad Engineering stock overvalued right now?
Azad Engineering (NSE:AZAD) has a current Interest Expense of ₹-308 Mil. The current Interest Expense is ₹-308 Mil. Azad Engineering's overall GF Score™ is 47/100 with 9 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 Azad Engineering (NSE:AZAD), the current Interest Expense is ₹-308 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.

Azad Engineering Business Description

Other Exchanges 544061:India
Address 90/C, 90/D, Phase-1, I.D.A, Jeedimetla, Hyderabad, TG, IND, 500055
Azad Engineering Ltd is an Original Equipment Manufacturer (OEM) and national defence agencies across power generation, aerospace, defence, and oil & gas. It delivers complex, high-precision components with uncompromising reliability and has earned the trust of industry leaders, including GE Vernova, Mitsubishi Heavy Industries, Rolls-Royce, Honeywell Aerospace, Siemens Energy, Eaton, Baker Hughes, and others. The company's products include 3D rotating airfoil portions of turbine engines and other key products for combustion, hydraulics, flight-controls, propulsion, and actuation which power defence and civil aircrafts, spaceships, defence missiles, nuclear power, hydrogen, gas power, oil, and thermal power. Geographically, the group generates a majority of its revenue from outside India.
47GF Score

Get the complete analysis for NSE:AZAD

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

₹2,326.70
Price