Garware Hi-Tech Films (NSE:GRWRHITECH) Interest Expense: ₹-86 Mil (TTM As of Jun. 2026)

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NSE:GRWRHITECH Garware Hi-Tech Films Ltd NSE:GRWRHITECH
74 GF Score
Price ₹7,230.00
GF Value ₹3,831.83
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Garware Hi-Tech Films Interest Expense?

Garware Hi-Tech Films NSE:GRWRHITECH +1.37% 74 Interest Expense is ₹-86 Mil as of Jun. 2026. GuruFocus rates NSE:GRWRHITECH with a GF Score™ of 74/100 and a GF Value™ of ₹3,831.83 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Garware Hi-Tech Films's interest expense for the three months ended in Jun. 2026 was ₹ -25 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-86 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 Hi-Tech Films's Operating Income for the three months ended in Jun. 2026 was ₹ 1,592 Mil. Garware Hi-Tech Films's Interest Expense for the three months ended in Jun. 2026 was ₹ -25 Mil. Garware Hi-Tech Films's Interest Coverage for the quarter that ended in Jun. 2026 was 64.98. 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 Hi-Tech Films  (NSE:GRWRHITECH) 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 Hi-Tech Films's Interest Expense for the three months ended in Jun. 2026 was ₹-25 Mil. Its Operating Income for the three months ended in Jun. 2026 was ₹1,592 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Jun. 2026 was ₹0 Mil.

Garware Hi-Tech Films'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*1591.9/-24.5
=64.98

* 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.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Garware Hi-Tech Films Ltd has enough cash to cover all of its debt. Its financial situation is stable.


Garware Hi-Tech Films Interest Expense Historical Data

* Premium members only.

The historical data trend for Garware Hi-Tech Films'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 Hi-Tech Films Interest Expense Chart

Garware Hi-Tech Films 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 -133.81 -125.37 -80.70 -87.80 -82.00

Garware Hi-Tech Films Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.50 -21.00 -18.60 -21.90 -24.50
NSE:GRWRHITECH
74GF Score
Garware Hi-Tech Films Ltd NSE:GRWRHITECH
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Garware Hi-Tech Films 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 ₹-86 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 ₹-86 Mil mean?
Garware Hi-Tech Films (NSE:GRWRHITECH) has a Interest Expense of ₹-86 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Garware Hi-Tech Films and its competitors.
Is Garware Hi-Tech Films' Interest Expense too high?
Garware Hi-Tech Films' current Interest Expense is ₹-86 Mil. Overall, Garware Hi-Tech Films has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Garware Hi-Tech Films' Interest Expense compare to LIN and SHW?
Garware Hi-Tech Films' Interest Expense of ₹-86 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Interest Expense depends on the Chemicals 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 Hi-Tech Films and its competitors. Garware Hi-Tech Films's current Interest Expense is ₹-86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Hi-Tech Films stock overvalued right now?
Based on GuruFocus' analysis, Garware Hi-Tech Films (NSE:GRWRHITECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,831.83, compared to a current price of ₹7,230.00 — trading 88.7% above its estimated fair value. The current Interest Expense is ₹-86 Mil. Garware Hi-Tech Films' overall GF Score™ is 74/100 with 6 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 Hi-Tech Films (NSE:GRWRHITECH), the current Interest Expense is ₹-86 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.

Is Garware Hi-Tech Films (NSE:GRWRHITECH) Overvalued in 2026?

Based on GuruFocus' analysis, Garware Hi-Tech Films stock appears to be overvalued. The current stock price of ₹7,230.00 is trading 88.7% above its estimated GF Value™ of ₹3,831.83. GuruFocus considers Garware Hi-Tech Films to be Significantly Overvalued.

Key valuation signals for NSE:GRWRHITECH:

  • Interest Expense: ₹-86 Mil
  • GF Value™: ₹3,831.83 vs. price of ₹7,230.00 (88.7% above fair value)
  • GF Score™: 74/100 with 6 warning signs

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


Garware Hi-Tech Films Business Description

Other Exchanges 500655:India
Address 50 - A, Swami Nityanand Marg, Garware House, Vile Parle (East), Mumbai, MH, IND, 400 057
Garware Hi-Tech Films Ltd is engaged in the business of manufacturing & Trading of specialty performance polyester Films like Sun Control window films used in Automobiles, Buildings, Paint Protection Films used in Automobiles and a variety of other specialty polyester films such as PET Shrink films used for Label applications, Low Oligomer PET films used for insulation of hermetically sealed compressors motors, Electric motor insulation and cable insulation, sequin application films, TV and LCD screen application, Packaging applications etc. The company leverages its nano-dispersion and other cutting-edge technologies and other cutting-edge technologies to maintain its market. Geographically, the company derives maximum revenue from USA customers. It has one segment: Polyester films.
74GF Score

Get the complete analysis for NSE:GRWRHITECH

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

₹7,230.00
Price
₹3,831.83
GF Value