MSP Steel & Power (NSE:MSPL) Interest Expense: ₹-476 Mil (TTM As of Mar. 2026)


NSE:MSPL MSP Steel & Power Ltd NSE:MSPL
55 GF Score
Price ₹39.14
GF Value ₹21.23
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is MSP Steel & Power Interest Expense?

MSP Steel & Power NSE:MSPL -0.46% 55 Interest Expense is ₹-476 Mil as of Mar. 2026. GuruFocus rates NSE:MSPL with a GF Score™ of 55/100 and a GF Value™ of ₹21.23 (Significantly Overvalued). 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. MSP Steel & Power's interest expense for the three months ended in Mar. 2026 was ₹ -167 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-476 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. MSP Steel & Power's Operating Income for the three months ended in Mar. 2026 was ₹ 635 Mil. MSP Steel & Power's Interest Expense for the three months ended in Mar. 2026 was ₹ -167 Mil. MSP Steel & Power's Interest Coverage for the quarter that ended in Mar. 2026 was 3.79. 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.

MSP Steel & Power  (NSE:MSPL) 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.

MSP Steel & Power's Interest Expense for the three months ended in Mar. 2026 was ₹-167 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹635 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹85 Mil.

MSP Steel & Power'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*635.013/-167.451
=3.79

* 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.

MSP Steel & Power Interest Expense Historical Data

* Premium members only.

The historical data trend for MSP Steel & Power'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.

MSP Steel & Power Interest Expense Chart

MSP Steel & Power 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 -659.23 -695.11 -758.17 -811.83 -476.17

MSP Steel & Power 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 -226.66 -102.26 -98.27 -108.19 -167.45
NSE:MSPL
55GF Score
MSP Steel & Power Ltd NSE:MSPL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MSP Steel & Power 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 ₹-476 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 ₹-476 Mil mean?
MSP Steel & Power (NSE:MSPL) has a Interest Expense of ₹-476 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on MSP Steel & Power and its competitors.
Is MSP Steel & Power's Interest Expense too high?
MSP Steel & Power's current Interest Expense is ₹-476 Mil. Overall, MSP Steel & Power has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MSP Steel & Power's Interest Expense compare to NUE and STLD?
MSP Steel & Power's Interest Expense of ₹-476 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 MSP Steel & Power and its competitors. MSP Steel & Power's current Interest Expense is ₹-476 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MSP Steel & Power stock overvalued right now?
Based on GuruFocus' analysis, MSP Steel & Power (NSE:MSPL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹21.23, compared to a current price of ₹39.14 — trading 84.4% above its estimated fair value. The current Interest Expense is ₹-476 Mil. MSP Steel & Power's overall GF Score™ is 55/100 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 MSP Steel & Power (NSE:MSPL), the current Interest Expense is ₹-476 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 MSP Steel & Power (NSE:MSPL) Overvalued in 2026?

Based on GuruFocus' analysis, MSP Steel & Power stock appears to be overvalued. The current stock price of ₹39.14 is trading 84.4% above its estimated GF Value™ of ₹21.23. GuruFocus considers MSP Steel & Power to be Significantly Overvalued.

Key valuation signals for NSE:MSPL:

  • Interest Expense: ₹-476 Mil
  • GF Value™: ₹21.23 vs. price of ₹39.14 (84.4% above fair value)
  • GF Score™: 55/100 with 3 warning signs

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

MSP Steel & Power Business Description

Other Exchanges 532650:India
Address 770 Anandapur Road, South City Business Park, 10th Floor, Kolkata, WB, IND, 700107
MSP Steel & Power Ltd is engaged in the manufacturing of iron and steel products. It is also engaged in the generation and sale of power. Geographically, it derives a majority of its revenue from India. The company's product offerings include TMT Bar, structural steel, and pipes.
55GF Score

Get the complete analysis for NSE:MSPL

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

₹39.14
Price
₹21.23
GF Value