Bansal Wire Industries (NSE:BANSALWIRE) Interest Expense: ₹-598 Mil (TTM As of Jun. 2026)

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NSE:BANSALWIRE Bansal Wire Industries Ltd NSE:BANSALWIRE
45 GF Score
Price ₹316.45
! 2 Warning Signs
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What is Bansal Wire Industries Interest Expense?

Bansal Wire Industries NSE:BANSALWIRE -2.33% 45 Interest Expense is ₹-598 Mil as of Jun. 2026. GuruFocus rates NSE:BANSALWIRE with a GF Score™ of 45/100. 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. Bansal Wire Industries's interest expense for the three months ended in Jun. 2026 was ₹ -155 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-598 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. Bansal Wire Industries's Operating Income for the three months ended in Jun. 2026 was ₹ 412 Mil. Bansal Wire Industries's Interest Expense for the three months ended in Jun. 2026 was ₹ -155 Mil. Bansal Wire Industries's Interest Coverage for the quarter that ended in Jun. 2026 was 2.66. 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.

Bansal Wire Industries  (NSE:BANSALWIRE) 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.

Bansal Wire Industries's Interest Expense for the three months ended in Jun. 2026 was ₹-155 Mil. Its Operating Income for the three months ended in Jun. 2026 was ₹412 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was ₹0 Mil.

Bansal Wire Industries'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*411.53/-154.65
=2.66

* 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.

Bansal Wire Industries Interest Expense Historical Data

* Premium members only.

The historical data trend for Bansal Wire 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.

Bansal Wire Industries Interest Expense Chart

Bansal Wire Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -247.46 -219.18 -261.00 -354.91 -564.32

Bansal Wire Industries Quarterly Data
Mar21 Mar22 Mar23 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 -120.49 -157.26 -146.19 -140.38 -154.65
NSE:BANSALWIRE
45GF Score
Bansal Wire Industries Ltd NSE:BANSALWIRE
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Bansal Wire 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-598 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 ₹-598 Mil mean?
Bansal Wire Industries (NSE:BANSALWIRE) has a Interest Expense of ₹-598 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Bansal Wire Industries and its competitors.
Is Bansal Wire Industries' Interest Expense too high?
Bansal Wire Industries' current Interest Expense is ₹-598 Mil. Overall, Bansal Wire Industries has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does Bansal Wire Industries' Interest Expense compare to NUE and STLD?
Bansal Wire Industries' Interest Expense of ₹-598 Mil can be compared against companies in the Steel 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 Steel company?
A good Interest Expense depends on the Steel 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 Bansal Wire Industries and its competitors. Bansal Wire Industries's current Interest Expense is ₹-598 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bansal Wire Industries stock overvalued right now?
Bansal Wire Industries (NSE:BANSALWIRE) has a current Interest Expense of ₹-598 Mil. The current Interest Expense is ₹-598 Mil. Bansal Wire Industries' overall GF Score™ is 45/100 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 Bansal Wire Industries (NSE:BANSALWIRE), the current Interest Expense is ₹-598 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.

Bansal Wire Industries Business Description

Other Exchanges 544209:India
Address Main Road, F-3, Shastri Nagar, Delhi, IND, 110052
Bansal Wire Industries Ltd is a stainless steel wire manufacturing company. Its products include high-carbon steel wire, mild steel wire (low-carbon steel wire), and stainless steel wire. The company has two reporting segments; Manufacturing & Sales and Job Work. Key revenue is generated from the Manufacturing & Sales segment.
45GF Score

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

₹316.45
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