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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Jindal Steel's interest expense for the
three
months ended in Jun. 2026 was ₹ -5,482 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-17,682 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. Jindal Steel's Operating Income for the
three
months ended in Jun. 2026 was ₹ 17,340 Mil. Jindal Steel's Interest Expense for the
three
months ended in Jun. 2026 was ₹ -5,482 Mil.
Jindal Steel's Interest Coverage for the quarter that ended in Jun. 2026 was 3.16.
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.
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.
* 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.
Jindal Steel Interest Expense Historical Data
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The historical data trend for Jindal Steel'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.
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 ₹-17,682 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.
What does a Interest Expense of ₹-17,682 Mil mean?
Jindal Steel (NSE:JINDALSTEL) has a Interest Expense of ₹-17,682 Mil as of Jun. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Jindal Steel and its competitors.
Is Jindal Steel's Interest Expense too high?
Jindal Steel's current Interest Expense is ₹-17,682 Mil. Overall, Jindal Steel has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jindal Steel's Interest Expense compare to NUE and STLD?
Jindal Steel's Interest Expense of ₹-17,682 Mil can be compared against companies in the Steel 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 Steel company?
A good Interest Expense depends on the Steel 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 Jindal Steel and its competitors. Jindal Steel's current Interest Expense is ₹-17,682 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jindal Steel stock overvalued right now?
Based on GuruFocus' analysis, Jindal Steel (NSE:JINDALSTEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,211.39, compared to a current price of ₹1,093.70 — trading 9.7% below its estimated fair value. The current Interest Expense is ₹-17,682 Mil. Jindal Steel's overall GF Score™ is 77/100 with 4 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 Jindal Steel (NSE:JINDALSTEL), the current Interest Expense is ₹-17,682 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 Jindal Steel (NSE:JINDALSTEL) Overvalued in 2026?
Based on GuruFocus' analysis, Jindal Steel stock appears to be undervalued.
The current stock price of ₹1,093.70 is trading 9.7% below its estimated GF Value™ of ₹1,211.39.
GuruFocus considers Jindal Steel to be Modestly Undervalued.
Key valuation signals for NSE:JINDALSTEL:
Interest Expense: ₹-17,682 Mil
GF Value™: ₹1,211.39 vs. price of ₹1,093.70 (9.7% below fair value)
No single metric tells the full story. See the NSE:JINDALSTEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jindal Steel Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors, with its presence in various countries. The iron and steel industry is the company's key revenue-generating business. It offers various kinds of steel products like rails, fabricated sections, plates and coils, round bars, speedfloors, wire rods, and others. The products find applications in railways, roads, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Geographically, the company generates a majority of its revenue from its customers within India.
77GF Score
Get the complete analysis for NSE:JINDALSTEL
Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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