Gretex Industries (NSE:GRETEX) Interest Expense: ₹-2.5 Mil (TTM As of Mar. 2026)

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NSE:GRETEX Gretex Industries Ltd NSE:GRETEX
57 GF Score
Price ₹304.00
GF Value ₹91.09
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Gretex Industries Interest Expense?

Gretex Industries NSE:GRETEX 57 Interest Expense is ₹-2.5 Mil as of Mar. 2026. GuruFocus rates NSE:GRETEX with a GF Score™ of 57/100 and a GF Value™ of ₹91.09 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Gretex Industries's interest expense for the six months ended in Mar. 2026 was ₹ -2.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-2.5 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. Gretex Industries's Operating Income for the six months ended in Mar. 2026 was ₹ 3.2 Mil. Gretex Industries's Interest Expense for the six months ended in Mar. 2026 was ₹ -2.5 Mil. Gretex Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 1.30. 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.

Gretex Industries  (NSE:GRETEX) 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.

Gretex Industries's Interest Expense for the six months ended in Mar. 2026 was ₹-2.5 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹3.2 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹3.0 Mil.

Gretex 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*3.206/-2.473
=1.30

* 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.

Gretex Industries Interest Expense Historical Data

* Premium members only.

The historical data trend for Gretex 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.

Gretex Industries Interest Expense Chart

Gretex 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 -0.27 -0.57 -2.84 -4.55 -2.47

Gretex Industries Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.27 -0.57 -2.84 -4.55 -2.47
NSE:GRETEX
57GF Score
Gretex Industries Ltd NSE:GRETEX
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Gretex Industries Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Interest Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-2.5 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 ₹-2.5 Mil mean?
Gretex Industries (NSE:GRETEX) has a Interest Expense of ₹-2.5 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Gretex Industries and its competitors.
Is Gretex Industries' Interest Expense too high?
Gretex Industries' current Interest Expense is ₹-2.5 Mil. Overall, Gretex Industries has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gretex Industries' Interest Expense compare to AS and HAS?
Gretex Industries' Interest Expense of ₹-2.5 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Interest Expense depends on the Travel & Leisure 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 Gretex Industries and its competitors. Gretex Industries's current Interest Expense is ₹-2.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gretex Industries stock overvalued right now?
Based on GuruFocus' analysis, Gretex Industries (NSE:GRETEX) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹91.09, compared to a current price of ₹304.00 — trading 233.7% above its estimated fair value. The current Interest Expense is ₹-2.5 Mil. Gretex Industries' overall GF Score™ is 57/100 with 7 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 Gretex Industries (NSE:GRETEX), the current Interest Expense is ₹-2.5 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 Gretex Industries (NSE:GRETEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gretex Industries stock appears to be overvalued. The current stock price of ₹304.00 is trading 233.7% above its estimated GF Value™ of ₹91.09. GuruFocus considers Gretex Industries to be Significantly Overvalued.

Key valuation signals for NSE:GRETEX:

  • Interest Expense: ₹-2.5 Mil
  • GF Value™: ₹91.09 vs. price of ₹304.00 (233.7% above fair value)
  • GF Score™: 57/100 with 7 warning signs

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

Gretex Industries Business Description

Address 90, Phears Lane, 5th Floor, Kolkata, WB, IND, 700 012
Gretex Industries Ltd is engaged in the trading of musical instruments. The company's range of musical instruments includes; guitars, electronic keyboards, Harmoniums, violins, drums, Music stands, mats, sound systems and other percussion instruments. It also deals in equipment like microphones, headphones, amplifiers, studio monitor speakers, loudspeakers, mixers, and all types of accessories for pro audio and recording. The company is a distributor of brands like Yamaha, Daddario, Duralin, and among others.
57GF Score

Get the complete analysis for NSE:GRETEX

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

₹304.00
Price
₹91.09
GF Value