Greenlam Industries (NSE:GREENLAM) Interest Expense: ₹-962 Mil (TTM As of Mar. 2026)

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NSE:GREENLAM Greenlam Industries Ltd NSE:GREENLAM
94 GF Score
Price ₹252.20
GF Value ₹352.16
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Greenlam Industries Interest Expense?

Greenlam Industries NSE:GREENLAM -0.77% 94 Interest Expense is ₹-962 Mil as of Mar. 2026. GuruFocus rates NSE:GREENLAM with a GF Score™ of 94/100 and a GF Value™ of ₹352.16 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Greenlam Industries's interest expense for the three months ended in Mar. 2026 was ₹ -230 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-962 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. Greenlam Industries's Operating Income for the three months ended in Mar. 2026 was ₹ 731 Mil. Greenlam Industries's Interest Expense for the three months ended in Mar. 2026 was ₹ -230 Mil. Greenlam Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 3.17. 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.


Greenlam Industries  (NSE:GREENLAM) 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.

Greenlam Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-230 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹731 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹7,866 Mil.

Greenlam Industries'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*730.6/-230.4
=3.17

* 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.


Greenlam Industries Interest Expense Historical Data

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The historical data trend for Greenlam 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.

Greenlam Industries Interest Expense Chart

Greenlam Industries 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 -140.44 -234.19 -442.70 -647.80 -934.90

Greenlam Industries 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 -199.10 -258.90 -239.90 -233.00 -230.40
NSE:GREENLAM
94GF Score
Greenlam Industries Ltd NSE:GREENLAM
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Greenlam 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-962 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 ₹-962 Mil mean?
Greenlam Industries (NSE:GREENLAM) has a Interest Expense of ₹-962 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Greenlam Industries and its competitors.
Is Greenlam Industries' Interest Expense too high?
Greenlam Industries' current Interest Expense is ₹-962 Mil. Overall, Greenlam Industries has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenlam Industries' Interest Expense compare to SN and SGI?
Greenlam Industries' Interest Expense of ₹-962 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Interest Expense depends on the Furnishings, Fixtures & Appliances 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 Greenlam Industries and its competitors. Greenlam Industries's current Interest Expense is ₹-962 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlam Industries stock overvalued right now?
Based on GuruFocus' analysis, Greenlam Industries (NSE:GREENLAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹352.16, compared to a current price of ₹252.20 — trading 28.4% below its estimated fair value. The current Interest Expense is ₹-962 Mil. Greenlam Industries' overall GF Score™ is 94/100 with 5 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 Greenlam Industries (NSE:GREENLAM), the current Interest Expense is ₹-962 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 Greenlam Industries (NSE:GREENLAM) Overvalued in 2026?

Based on GuruFocus' analysis, Greenlam Industries stock appears to be undervalued. The current stock price of ₹252.20 is trading 28.4% below its estimated GF Value™ of ₹352.16. GuruFocus considers Greenlam Industries to be Modestly Undervalued.

Key valuation signals for NSE:GREENLAM:

  • Interest Expense: ₹-962 Mil
  • GF Value™: ₹352.16 vs. price of ₹252.20 (28.4% below fair value)
  • GF Score™: 94/100 with 5 warning signs

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


Greenlam Industries Business Description

Other Exchanges 538979:India
Address Worldmark 1, Aerocity, 203, 2nd Floor. West Wing, IGI Airport Hospitality District, New Delhi, IND, 110 037
Greenlam Industries Ltd d in the business of manufacturing laminates, decorative veneers, engineered wooden Flooring and Doors, and Plywood and allied products through its factories. The firm offers its products under the Greenlam Laminates, Greenlam Clads, NewMika Laminates, NewMika FX, Mikasa Decowood Veneers, and Other brand names. The operating segments of the company are Laminate and Allied products, Veneer and Allied products, and Plywood and Allied products. It generates the majority of its revenue from the Laminate and Allied products segment, which is engaged in the business of manufacturing Laminates and compact laminates. Geographically, the group has a business presence in India and Outside India, of which a majority of its revenue is derived from India.
94GF Score

Get the complete analysis for NSE:GREENLAM

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

₹252.20
Price
₹352.16
GF Value