JSW Steel (NSE:JSWSTEEL) Interest Expense: ₹-91,020 Mil (TTM As of Mar. 2026)

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NSE:JSWSTEEL JSW Steel Ltd NSE:JSWSTEEL
88 GF Score
Price ₹1,247.70
GF Value ₹1,042.27
Valuation Modestly Overvalued
! 7 Warning Signs
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What is JSW Steel Interest Expense?

JSW Steel NSE:JSWSTEEL +0.83% 88 Interest Expense is ₹-91,020 Mil as of Mar. 2026. GuruFocus rates NSE:JSWSTEEL with a GF Score™ of 88/100 and a GF Value™ of ₹1,042.27 (Modestly 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. JSW Steel's interest expense for the three months ended in Mar. 2026 was ₹ -21,680 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-91,020 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. JSW Steel's Operating Income for the three months ended in Mar. 2026 was ₹ 64,860 Mil. JSW Steel's Interest Expense for the three months ended in Mar. 2026 was ₹ -21,680 Mil. JSW Steel's Interest Coverage for the quarter that ended in Mar. 2026 was 2.99. 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.


JSW Steel  (NSE:JSWSTEEL) 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.

JSW Steel's Interest Expense for the three months ended in Mar. 2026 was ₹-21,680 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹64,860 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹788,660 Mil.

JSW Steel'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*64860/-21680
=2.99

* 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.


JSW Steel Interest Expense Historical Data

* Premium members only.

The historical data trend for JSW 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.

JSW Steel Interest Expense Chart

JSW Steel 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 -42,880.00 -62,600.00 -76,310.00 -78,630.00 -83,000.00

JSW Steel 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 -20,940.00 -22,170.00 -24,130.00 -23,040.00 -21,680.00
NSE:JSWSTEEL
88GF Score
JSW Steel Ltd NSE:JSWSTEEL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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JSW Steel 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 ₹-91,020 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 ₹-91,020 Mil mean?
JSW Steel (NSE:JSWSTEEL) has a Interest Expense of ₹-91,020 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on JSW Steel and its competitors.
Is JSW Steel's Interest Expense too high?
JSW Steel's current Interest Expense is ₹-91,020 Mil. Overall, JSW Steel has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Steel's Interest Expense compare to NUE and STLD?
JSW Steel's Interest Expense of ₹-91,020 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 JSW Steel and its competitors. JSW Steel's current Interest Expense is ₹-91,020 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Steel stock overvalued right now?
Based on GuruFocus' analysis, JSW Steel (NSE:JSWSTEEL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,042.27, compared to a current price of ₹1,247.70 — trading 19.7% above its estimated fair value. The current Interest Expense is ₹-91,020 Mil. JSW Steel's overall GF Score™ is 88/100 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 JSW Steel (NSE:JSWSTEEL), the current Interest Expense is ₹-91,020 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 JSW Steel (NSE:JSWSTEEL) Overvalued in 2026?

Based on GuruFocus' analysis, JSW Steel stock appears to be overvalued. The current stock price of ₹1,247.70 is trading 19.7% above its estimated GF Value™ of ₹1,042.27. GuruFocus considers JSW Steel to be Modestly Overvalued.

Key valuation signals for NSE:JSWSTEEL:

  • Interest Expense: ₹-91,020 Mil
  • GF Value™: ₹1,042.27 vs. price of ₹1,247.70 (19.7% above fair value)
  • GF Score™: 88/100 with 7 warning signs

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


JSW Steel Business Description

Other Exchanges 500228:India
Address Bandra Kurla Complex, JSW Centre, Near MMRDA Grounds, Bandra (East), Mumbai, MH, IND, 400051
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.
88GF Score

Get the complete analysis for NSE:JSWSTEEL

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

₹1,247.70
Price
₹1,042.27
GF Value