Mittal Life Style (NSE:MITTAL) Interest Expense: ₹-11.4 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MITTAL Mittal Life Style Ltd NSE:MITTAL
67 GF Score
Price ₹0.93
GF Value ₹1.56
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Mittal Life Style Interest Expense?

Mittal Life Style NSE:MITTAL 67 Interest Expense is ₹-11.4 Mil as of Mar. 2026. GuruFocus rates NSE:MITTAL with a GF Score™ of 67/100 and a GF Value™ of ₹1.56 (Possible Value Trap). 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. Mittal Life Style's interest expense for the three months ended in Mar. 2026 was ₹ -6.3 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-11.4 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. Mittal Life Style's Operating Income for the three months ended in Mar. 2026 was ₹ 17.5 Mil. Mittal Life Style's Interest Expense for the three months ended in Mar. 2026 was ₹ -6.3 Mil. Mittal Life Style's Interest Coverage for the quarter that ended in Mar. 2026 was 2.79. 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.


Mittal Life Style  (NSE:MITTAL) 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.

Mittal Life Style's Interest Expense for the three months ended in Mar. 2026 was ₹-6.3 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹17.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹169.7 Mil.

Mittal Life Style'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*17.481/-6.268
=2.79

* 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.


Mittal Life Style Interest Expense Historical Data

* Premium members only.

The historical data trend for Mittal Life Style'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.

Mittal Life Style Interest Expense Chart

Mittal Life Style 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 -0.11 -0.63 -0.30 -1.01 -8.89

Mittal Life Style 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 -0.02 -0.20 -0.18 -4.77 -6.27
NSE:MITTAL
67GF Score
Mittal Life Style Ltd NSE:MITTAL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mittal Life Style 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 ₹-11.4 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 ₹-11.4 Mil mean?
Mittal Life Style (NSE:MITTAL) has a Interest Expense of ₹-11.4 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Mittal Life Style and its competitors.
Is Mittal Life Style's Interest Expense too high?
Mittal Life Style's current Interest Expense is ₹-11.4 Mil. Overall, Mittal Life Style has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mittal Life Style's Interest Expense compare to competitors?
Mittal Life Style's Interest Expense of ₹-11.4 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 Mittal Life Style and its competitors. Mittal Life Style's current Interest Expense is ₹-11.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mittal Life Style stock overvalued right now?
Based on GuruFocus' analysis, Mittal Life Style (NSE:MITTAL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1.56, compared to a current price of ₹0.93 — trading 40.4% below its estimated fair value. The current Interest Expense is ₹-11.4 Mil. Mittal Life Style's overall GF Score™ is 67/100 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 Mittal Life Style (NSE:MITTAL), the current Interest Expense is ₹-11.4 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 Mittal Life Style (NSE:MITTAL) Overvalued in 2026?

Based on GuruFocus' analysis, Mittal Life Style stock appears to be undervalued. The current stock price of ₹0.93 is trading 40.4% below its estimated GF Value™ of ₹1.56. GuruFocus considers Mittal Life Style to be Possible Value Trap.

Key valuation signals for NSE:MITTAL:

  • Interest Expense: ₹-11.4 Mil
  • GF Value™: ₹1.56 vs. price of ₹0.93 (40.4% below fair value)
  • GF Score™: 67/100 with 3 warning signs

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


Mittal Life Style Business Description

Address New Link Road, Unit No. 8/9, Ravikiran, Ground Floor, Andheri (West), Mumbai, MH, IND, 400053
Mittal Life Style Ltd operates in the textile industry. It is operating as the preferred supplier of denim and garment products. Dealing in supply of Bottom weight Fabrics & Denims is the principal business activity of the Company. It supplies fashion fabrics, cotton canvas denim, dupion bottom fabrics, polyester fabrics, cotton fabric, knit fabric and among other products.
67GF Score

Get the complete analysis for NSE:MITTAL

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

₹0.93
Price
₹1.56
GF Value