Midwest (NSE:MIDWESTLTD) Interest Expense: ₹-102 Mil (TTM As of Mar. 2026)

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NSE:MIDWESTLTD Midwest Ltd NSE:MIDWESTLTD
18 GF Score
Price ₹1,204.70
! 3 Warning Signs
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What is Midwest Interest Expense?

Midwest NSE:MIDWESTLTD -0.99% 18 Interest Expense is ₹-102 Mil as of Mar. 2026. GuruFocus rates NSE:MIDWESTLTD with a GF Score™ of 18/100. The stock has 3 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Midwest's interest expense for the three months ended in Mar. 2026 was ₹ -18 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-102 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. Midwest's Operating Income for the three months ended in Mar. 2026 was ₹ 499 Mil. Midwest's Interest Expense for the three months ended in Mar. 2026 was ₹ -18 Mil. Midwest's Interest Coverage for the quarter that ended in Mar. 2026 was 27.29. 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.

Midwest  (NSE:MIDWESTLTD) 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.

Midwest's Interest Expense for the three months ended in Mar. 2026 was ₹-18 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹499 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹1,483 Mil.

Midwest'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*499.34/-18.3
=27.29

* 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.

Midwest Interest Expense Historical Data

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The historical data trend for Midwest'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.

Midwest Interest Expense Chart

Midwest Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Interest Expense
-88.40 -81.85 -109.31 -137.75

Midwest Quarterly Data
Mar23 Mar24 Dec24 Mar25 Jun25 Dec25 Mar26
Interest Expense Get a 7-Day Free Trial -27.90 -32.74 -36.92 -46.86 -18.30
NSE:MIDWESTLTD
18GF Score
Midwest Ltd NSE:MIDWESTLTD
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Midwest 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 ₹-102 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 ₹-102 Mil mean?
Midwest (NSE:MIDWESTLTD) has a Interest Expense of ₹-102 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Midwest and its competitors.
Is Midwest's Interest Expense too high?
Midwest's current Interest Expense is ₹-102 Mil. Overall, Midwest has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Midwest's Interest Expense compare to CRH and VMC?
Midwest's Interest Expense of ₹-102 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Interest Expense depends on the Building Materials 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 Midwest and its competitors. Midwest's current Interest Expense is ₹-102 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midwest stock overvalued right now?
Midwest (NSE:MIDWESTLTD) has a current Interest Expense of ₹-102 Mil. The current Interest Expense is ₹-102 Mil. Midwest's overall GF Score™ is 18/100 with 3 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 Midwest (NSE:MIDWESTLTD), the current Interest Expense is ₹-102 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.

Midwest Business Description

Other Exchanges 544587:India
Address Road No.12, Banjara Hills, 8-2-684/3/25 and 26, Hyderabad, TG, IND, 500 034
Midwest Ltd is engaged in the business of exploration, exploitation, manufacturing, processing, and selling of dressed Granite blocks, Slabs, and Diamond cutting wires. It is a natural stone company focused on the mining, processing, and export of Black Galaxy Granite and other premium granite varieties. The company operates a complete value chain from quarrying to distribution, serving markets across various countries. Midwest has expanded into related areas such as quartz processing and diamond wire manufacturing. Revenue is generated mainly through the sale and export of Black Galaxy granite to the Chinese market. It operates in three business segments: (i) Natural Stone Segment; (ii) Diamond Wire Segment; and (iii) Others (comprises scrap sales and export incentives received).
18GF Score

Get the complete analysis for NSE:MIDWESTLTD

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

₹1,204.70
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