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Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Marine Electricals (India)'s interest expense for the
three
months ended in Mar. 2026 was ₹ -75 Mil.
Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-190 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. 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.
Marine Electricals (India) Interest Expense Historical Data
* 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-190 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.
Marine Electricals (India) (NSE:MARINE) has a Interest Expense of ₹-190 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Marine Electricals (India) and its competitors.
Is Marine Electricals (India)'s Interest Expense too high?
Marine Electricals (India)'s current Interest Expense is ₹-190 Mil. Overall, Marine Electricals (India) has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine Electricals (India)'s Interest Expense compare to VRT and BE?
Marine Electricals (India)'s Interest Expense of ₹-190 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Interest Expense depends on the Industrial Products 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 Marine Electricals (India) and its competitors. Marine Electricals (India)'s current Interest Expense is ₹-190 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine Electricals (India) stock overvalued right now?
Based on GuruFocus' analysis, Marine Electricals (India) (NSE:MARINE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹199.18, compared to a current price of ₹370.70 — trading 86.1% above its estimated fair value. The current Interest Expense is ₹-190 Mil. Marine Electricals (India)'s overall GF Score™ is 81/100 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 Marine Electricals (India) (NSE:MARINE), the current Interest Expense is ₹-190 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 Marine Electricals (India) (NSE:MARINE) Overvalued in 2026?
Based on GuruFocus' analysis, Marine Electricals (India) stock appears to be overvalued.
The current stock price of ₹370.70 is trading 86.1% above its estimated GF Value™ of ₹199.18.
GuruFocus considers Marine Electricals (India) to be Significantly Overvalued.
Key valuation signals for NSE:MARINE:
Interest Expense: ₹-190 Mil
GF Value™: ₹199.18 vs. price of ₹370.70 (86.1% above fair value)
No single metric tells the full story. See the NSE:MARINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marine Electricals (India) Ltd is engaged in providing integrated electrical and automation solutions. It is engaged in the manufacturing and sale of all types of marine and industrial electrical and electronic components like switch-gears, marine motors, control-gears, monitoring and control systems, etc., and is also engaged in the renewable energy sector, specifically solar. The company also provides services like designing, fabricating, etc., for all types of electrical and electronic installations and undertakes annual maintenance contracts. Its segments are: Marine and Industry. The Industry segment, which generates maximum revenue, provides products and services of power distribution and solutions for industries like data centres, industrial, and large buildings.
81GF Score
Get the complete analysis for NSE:MARINE
Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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