Lagnam Spintex (NSE:LAGNAM) Interest Expense: ₹-307 Mil (TTM As of Mar. 2026)

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NSE:LAGNAM Lagnam Spintex Ltd NSE:LAGNAM
91 GF Score
Price ₹86.43
GF Value ₹134.41
Valuation Possible Value Trap
! 8 Warning Signs
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What is Lagnam Spintex Interest Expense?

Lagnam Spintex NSE:LAGNAM +0.33% 91 Interest Expense is ₹-307 Mil as of Mar. 2026. GuruFocus rates NSE:LAGNAM with a GF Score™ of 91/100 and a GF Value™ of ₹134.41 (Possible Value Trap). The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lagnam Spintex's interest expense for the three months ended in Mar. 2026 was ₹ -77 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-307 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. Lagnam Spintex's Operating Income for the three months ended in Mar. 2026 was ₹ 191 Mil. Lagnam Spintex's Interest Expense for the three months ended in Mar. 2026 was ₹ -77 Mil. Lagnam Spintex's Interest Coverage for the quarter that ended in Mar. 2026 was 2.49. 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.


Lagnam Spintex  (NSE:LAGNAM) 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.

Lagnam Spintex's Interest Expense for the three months ended in Mar. 2026 was ₹-77 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹191 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹1,702 Mil.

Lagnam Spintex'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*191.272/-76.744
=2.49

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Lagnam Spintex Ltd interest coverage is 1.64, which is low.


Lagnam Spintex Interest Expense Historical Data

* Premium members only.

The historical data trend for Lagnam Spintex'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.

Lagnam Spintex Interest Expense Chart

Lagnam Spintex 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 -92.68 -98.18 -140.80 -308.49 -306.52

Lagnam Spintex 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 -88.58 -81.77 -73.20 -74.81 -76.74
NSE:LAGNAM
91GF Score
Lagnam Spintex Ltd NSE:LAGNAM
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Lagnam Spintex 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 ₹-307 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 ₹-307 Mil mean?
Lagnam Spintex (NSE:LAGNAM) has a Interest Expense of ₹-307 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Lagnam Spintex and its competitors.
Is Lagnam Spintex's Interest Expense too high?
Lagnam Spintex's current Interest Expense is ₹-307 Mil. Overall, Lagnam Spintex has a GF Score™ of 91/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lagnam Spintex's Interest Expense compare to competitors?
Lagnam Spintex's Interest Expense of ₹-307 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Interest Expense depends on the Manufacturing - Apparel & Accessories 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 Lagnam Spintex and its competitors. Lagnam Spintex's current Interest Expense is ₹-307 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lagnam Spintex stock overvalued right now?
Based on GuruFocus' analysis, Lagnam Spintex (NSE:LAGNAM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹134.41, compared to a current price of ₹86.43 — trading 35.7% below its estimated fair value. The current Interest Expense is ₹-307 Mil. Lagnam Spintex's overall GF Score™ is 91/100 with 8 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 Lagnam Spintex (NSE:LAGNAM), the current Interest Expense is ₹-307 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 Lagnam Spintex (NSE:LAGNAM) Overvalued in 2026?

Based on GuruFocus' analysis, Lagnam Spintex stock appears to be undervalued. The current stock price of ₹86.43 is trading 35.7% below its estimated GF Value™ of ₹134.41. GuruFocus considers Lagnam Spintex to be Possible Value Trap.

Key valuation signals for NSE:LAGNAM:

  • Interest Expense: ₹-307 Mil
  • GF Value™: ₹134.41 vs. price of ₹86.43 (35.7% below fair value)
  • GF Score™: 91/100 with 8 warning signs

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


Lagnam Spintex Business Description

Address A-51-53, RIICO Growth Centre Hamirgarh, Bhilwara, RJ, IND, 311001
Lagnam Spintex Ltd is an Indian textile company. The company is engaged in the business of manufacturing high-quality yarn for the domestic and export markets. The company's operation is predominantly related to textiles. Hence primary reportable segment is textile only. Its yarn products are used in Denim, Terry Towels, Bottom Wears, Home Textiles, and Industrial Fabrics. It exports cotton yarns to countries like Portugal, Italy, Germany, Belgium, South Africa, Slovenia, Columbia, China, Pakistan, Bangladesh, and others.
91GF Score

Get the complete analysis for NSE:LAGNAM

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

₹86.43
Price
₹134.41
GF Value