Solve Plastic Products (NSE:BALCO) Interest Expense: ₹-8.8 Mil (TTM As of Sep. 2025)

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NSE:BALCO Solve Plastic Products Ltd NSE:BALCO
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Price ₹17.15
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What is Solve Plastic Products Interest Expense?

Solve Plastic Products NSE:BALCO -4.72% 7 Interest Expense is ₹-8.8 Mil as of Sep. 2025. GuruFocus rates NSE:BALCO with a GF Score™ of 7/100. The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Solve Plastic Products's interest expense for the six months ended in Sep. 2025 was ₹ -5.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Sep. 2025 was ₹-8.8 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. Solve Plastic Products's Operating Income for the six months ended in Sep. 2025 was ₹ 7.7 Mil. Solve Plastic Products's Interest Expense for the six months ended in Sep. 2025 was ₹ -5.3 Mil. Solve Plastic Products's Interest Coverage for the quarter that ended in Sep. 2025 was 1.44. 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.

Solve Plastic Products  (NSE:BALCO) 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.

Solve Plastic Products's Interest Expense for the six months ended in Sep. 2025 was ₹-5.3 Mil. Its Operating Income for the six months ended in Sep. 2025 was ₹7.7 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Sep. 2025 was ₹23.5 Mil.

Solve Plastic Products's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*7.667/-5.325
=1.44

* 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.

Solve Plastic Products Interest Expense Historical Data

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The historical data trend for Solve Plastic Products'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.

Solve Plastic Products Interest Expense Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Interest Expense
-16.03 -13.88 -13.58 -15.09 -9.86

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Interest Expense Get a 7-Day Free Trial -7.70 -7.39 -6.38 -3.49 -5.33
NSE:BALCO
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Solve Plastic Products Ltd NSE:BALCO
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Solve Plastic Products 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 Sep. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-8.8 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 ₹-8.8 Mil mean?
Solve Plastic Products (NSE:BALCO) has a Interest Expense of ₹-8.8 Mil as of Sep. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Solve Plastic Products and its competitors.
Is Solve Plastic Products' Interest Expense too high?
Solve Plastic Products' current Interest Expense is ₹-8.8 Mil. Overall, Solve Plastic Products has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' Interest Expense compare to VRT and BE?
Solve Plastic Products' Interest Expense of ₹-8.8 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 Solve Plastic Products and its competitors. Solve Plastic Products's current Interest Expense is ₹-8.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current Interest Expense of ₹-8.8 Mil. The current Interest Expense is ₹-8.8 Mil. Solve Plastic Products' overall GF Score™ is 7/100 with 2 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 Solve Plastic Products (NSE:BALCO), the current Interest Expense is ₹-8.8 Mil as of Sep. 2025. 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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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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