Garware Technical Fibres (NSE:GARFIBRES) Interest Expense: ₹-136 Mil (TTM As of Mar. 2026)

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NSE:GARFIBRES Garware Technical Fibres Ltd NSE:GARFIBRES
97 GF Score
Price ₹774.10
GF Value ₹829.76
Valuation Fairly Valued
! 3 Warning Signs
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What is Garware Technical Fibres Interest Expense?

Garware Technical Fibres NSE:GARFIBRES +1.12% 97 Interest Expense is ₹-136 Mil as of Mar. 2026. GuruFocus rates NSE:GARFIBRES with a GF Score™ of 97/100 and a GF Value™ of ₹829.76 (Fairly Valued). The stock has 3 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Garware Technical Fibres's interest expense for the three months ended in Mar. 2026 was ₹ -31 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-136 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. Garware Technical Fibres's Operating Income for the three months ended in Mar. 2026 was ₹ 872 Mil. Garware Technical Fibres's Interest Expense for the three months ended in Mar. 2026 was ₹ -31 Mil. Garware Technical Fibres's Interest Coverage for the quarter that ended in Mar. 2026 was 27.92. 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.

Garware Technical Fibres  (NSE:GARFIBRES) 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.

Garware Technical Fibres's Interest Expense for the three months ended in Mar. 2026 was ₹-31 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹872 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹205 Mil.

Garware Technical Fibres'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*871.522/-31.219
=27.92

* 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.

Garware Technical Fibres Interest Expense Historical Data

* Premium members only.

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres Interest Expense Chart

Garware Technical Fibres 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 -77.68 -81.95 -119.71 -200.32 -135.59

Garware Technical Fibres Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -31.15 -31.60 -34.89 -37.88 -31.22
NSE:GARFIBRES
97GF Score
Garware Technical Fibres Ltd NSE:GARFIBRES
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Technical Fibres 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 ₹-136 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 ₹-136 Mil mean?
Garware Technical Fibres (NSE:GARFIBRES) has a Interest Expense of ₹-136 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Garware Technical Fibres and its competitors.
Is Garware Technical Fibres' Interest Expense too high?
Garware Technical Fibres' current Interest Expense is ₹-136 Mil. Overall, Garware Technical Fibres has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Garware Technical Fibres' Interest Expense compare to competitors?
Garware Technical Fibres' Interest Expense of ₹-136 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 Garware Technical Fibres and its competitors. Garware Technical Fibres's current Interest Expense is ₹-136 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Technical Fibres stock overvalued right now?
Based on GuruFocus' analysis, Garware Technical Fibres (NSE:GARFIBRES) is currently considered Fairly Valued. The stock's GF Value™ is ₹829.76, compared to a current price of ₹774.10 — trading 6.7% below its estimated fair value. The current Interest Expense is ₹-136 Mil. Garware Technical Fibres' overall GF Score™ is 97/100 with 3 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 Garware Technical Fibres (NSE:GARFIBRES), the current Interest Expense is ₹-136 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.

Is Garware Technical Fibres (NSE:GARFIBRES) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Technical Fibres stock appears to be undervalued. The current stock price of ₹774.10 is trading 6.7% below its estimated GF Value™ of ₹829.76. GuruFocus considers Garware Technical Fibres to be Fairly Valued.

Key valuation signals for NSE:GARFIBRES:

  • Interest Expense: ₹-136 Mil
  • GF Value™: ₹829.76 vs. price of ₹774.10 (6.7% below fair value)
  • GF Score™: 97/100 with 3 warning signs

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

Garware Technical Fibres Business Description

Other Exchanges 509557:India
Address Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. It provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. The company and its subsidiaries manufacture and sell various products such as ropes, twine, yarn, fishnet, other nets, and technical textiles. Its operating segments are; Synthetic Cordage, and Fibre and Industrial Products and Projects. The maximum revenue is derived from its Synthetic Cordage segment. Geographically, the company caters to both domestic and international markets of which, maximum revenue is generated from international markets through its customers located outside India.
97GF Score

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

₹774.10
Price
₹829.76
GF Value