Classic Electrodes (India) (NSE:CLASSICEIL) Interest Expense: ₹-36 Mil (TTM As of Mar. 2026)


NSE:CLASSICEIL Classic Electrodes (India) Ltd NSE:CLASSICEIL
27 GF Score
Price ₹47.75
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What is Classic Electrodes (India) Interest Expense?

Classic Electrodes (India) NSE:CLASSICEIL +4.95% 27 Interest Expense is ₹-36 Mil as of Mar. 2026. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 27/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Classic Electrodes (India)'s interest expense for the six months ended in Mar. 2026 was ₹ -13 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-36 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. Classic Electrodes (India)'s Operating Income for the six months ended in Mar. 2026 was ₹ 96 Mil. Classic Electrodes (India)'s Interest Expense for the six months ended in Mar. 2026 was ₹ -13 Mil. Classic Electrodes (India)'s Interest Coverage for the quarter that ended in Mar. 2026 was 7.20. 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.

Classic Electrodes (India)  (NSE:CLASSICEIL) 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.

Classic Electrodes (India)'s Interest Expense for the six months ended in Mar. 2026 was ₹-13 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹96 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹9 Mil.

Classic Electrodes (India)'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*96.033/-13.339
=7.20

* 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.

Classic Electrodes (India) Interest Expense Historical Data

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The historical data trend for Classic Electrodes (India)'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.

Classic Electrodes (India) Interest Expense Chart

Classic Electrodes (India) Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
-28.14 -34.39 -44.31 -50.99 -36.17

Classic Electrodes (India) Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial 0.00 -20.52 -30.48 -22.83 -13.34
NSE:CLASSICEIL
27GF Score
Classic Electrodes (India) Ltd NSE:CLASSICEIL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Classic Electrodes (India) 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 ₹-36 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 ₹-36 Mil mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Interest Expense of ₹-36 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Classic Electrodes (India) and its competitors.
Is Classic Electrodes (India)'s Interest Expense too high?
Classic Electrodes (India)'s current Interest Expense is ₹-36 Mil. Overall, Classic Electrodes (India) has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Interest Expense compare to VRT and BE?
Classic Electrodes (India)'s Interest Expense of ₹-36 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 Classic Electrodes (India) and its competitors. Classic Electrodes (India)'s current Interest Expense is ₹-36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Interest Expense of ₹-36 Mil. The current Interest Expense is ₹-36 Mil. Classic Electrodes (India)'s overall GF Score™ is 27/100. 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Interest Expense is ₹-36 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.

Classic Electrodes (India) Business Description

Address Plot BG-12 AA-1 B, Unit 201, 2nd Floor, Bus terminus and commercial complex, New Town, North 24 Parganas, New Town, WB, IND, 700156
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
27GF Score

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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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