Mangalam Alloys (NSE:MAL) Interest Expense: ₹-240 Mil (TTM As of Mar. 2025)


NSE:MAL Mangalam Alloys Ltd NSE:MAL
38 GF Score
Price ₹32.40
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What is Mangalam Alloys Interest Expense?

Mangalam Alloys NSE:MAL -4.71% 38 Interest Expense is ₹-240 Mil as of Mar. 2025. GuruFocus rates NSE:MAL with a GF Score™ of 38/100.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Mangalam Alloys's interest expense for the six months ended in Mar. 2025 was ₹ -131 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2025 was ₹-240 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. Mangalam Alloys's Operating Income for the six months ended in Mar. 2025 was ₹ 356 Mil. Mangalam Alloys's Interest Expense for the six months ended in Mar. 2025 was ₹ -131 Mil. Mangalam Alloys's Interest Coverage for the quarter that ended in Mar. 2025 was 2.72. 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.

Mangalam Alloys  (NSE:MAL) 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.

Mangalam Alloys's Interest Expense for the six months ended in Mar. 2025 was ₹-131 Mil. Its Operating Income for the six months ended in Mar. 2025 was ₹356 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2025 was ₹473 Mil.

Mangalam Alloys's Interest Coverage for the quarter that ended in Mar. 2025 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2025 )/Interest Expense (Q: Mar. 2025 )
=-1*355.712/-130.569
=2.72

* 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.

Mangalam Alloys Interest Expense Historical Data

* Premium members only.

The historical data trend for Mangalam Alloys'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.

Mangalam Alloys Interest Expense Chart

Mangalam Alloys Annual Data
Trend Mar16 Mar17 Mar18 Mar23 Mar24 Mar25
Interest Expense
Get a 7-Day Free Trial -33.48 -100.06 -168.06 -181.61 -240.00

Mangalam Alloys Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar23 Sep23 Mar24 Sep24 Mar25
Interest Expense Get a 7-Day Free Trial Premium Member Only 0.00 -86.54 -95.07 -109.43 -130.57
NSE:MAL
38GF Score
Mangalam Alloys Ltd NSE:MAL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Alloys 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. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹-240 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 ₹-240 Mil mean?
Mangalam Alloys (NSE:MAL) has a Interest Expense of ₹-240 Mil as of Mar. 2025. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mangalam Alloys and its competitors.
Is Mangalam Alloys' Interest Expense too high?
Mangalam Alloys' current Interest Expense is ₹-240 Mil. Overall, Mangalam Alloys has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Alloys' Interest Expense compare to NUE and STLD?
Mangalam Alloys' Interest Expense of ₹-240 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 Mangalam Alloys and its competitors. Mangalam Alloys's current Interest Expense is ₹-240 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Alloys stock overvalued right now?
Mangalam Alloys (NSE:MAL) has a current Interest Expense of ₹-240 Mil. The current Interest Expense is ₹-240 Mil. Mangalam Alloys' overall GF Score™ is 38/100. 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 Mangalam Alloys (NSE:MAL), the current Interest Expense is ₹-240 Mil as of Mar. 2025. 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.

Mangalam Alloys Business Description

Address GIDC Phase 3, Plot No. 3123-3126, Chattral, Gandhinagar, GJ, IND, 382729
Mangalam Alloys Ltd is engaged in the manufacturing and distribution of high-quality stainless steel products. It is a stainless steel melting unit. Its products include forging ingots, billets, black round bars, bright round bars, hexagonal and square bars, SS RCS, angle bars, fasteners, and others. It operates in one segment, stainless steel products.
38GF Score

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

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