Nikita Greentech Recycling (NSE:NIKITA) Interest Expense: ₹-181 Mil (TTM As of Mar. 2026)

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NSE:NIKITA Nikita Greentech Recycling Ltd NSE:NIKITA
11 GF Score
Price ₹72.50
! 6 Warning Signs
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What is Nikita Greentech Recycling Interest Expense?

Nikita Greentech Recycling NSE:NIKITA 11 Interest Expense is ₹-181 Mil as of Mar. 2026. GuruFocus rates NSE:NIKITA with a GF Score™ of 11/100. The stock has 6 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Nikita Greentech Recycling's interest expense for the six months ended in Mar. 2026 was ₹ -84 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-181 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. Nikita Greentech Recycling's Operating Income for the six months ended in Mar. 2026 was ₹ 73 Mil. Nikita Greentech Recycling's Interest Expense for the six months ended in Mar. 2026 was ₹ -84 Mil. Nikita Greentech Recycling's Interest Coverage for the quarter that ended in Mar. 2026 was 0.87. 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.

Nikita Greentech Recycling  (NSE:NIKITA) 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.

Nikita Greentech Recycling's Interest Expense for the six months ended in Mar. 2026 was ₹-84 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹73 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹849 Mil.

Nikita Greentech Recycling'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*73.026/-83.657
=0.87

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Nikita Greentech Recycling Ltd interest coverage is 1.04, which is low.

Nikita Greentech Recycling Interest Expense Historical Data

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The historical data trend for Nikita Greentech Recycling'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.

Nikita Greentech Recycling Interest Expense Chart

Nikita Greentech Recycling Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
-98.52 -101.72 -131.24 -165.22 -181.23

Nikita Greentech Recycling Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial 0.00 -79.35 -85.87 -97.57 -83.66
NSE:NIKITA
11GF Score
Nikita Greentech Recycling Ltd NSE:NIKITA
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Nikita Greentech Recycling 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 semi-annually data reported by the company within the most recent 12 months, which was ₹-181 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 ₹-181 Mil mean?
Nikita Greentech Recycling (NSE:NIKITA) has a Interest Expense of ₹-181 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Nikita Greentech Recycling and its competitors.
Is Nikita Greentech Recycling's Interest Expense too high?
Nikita Greentech Recycling's current Interest Expense is ₹-181 Mil. Overall, Nikita Greentech Recycling has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Nikita Greentech Recycling's Interest Expense compare to competitors?
Nikita Greentech Recycling's Interest Expense of ₹-181 Mil can be compared against companies in the Forest 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 a Forest Products company?
A good Interest Expense depends on the Forest 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 Nikita Greentech Recycling and its competitors. Nikita Greentech Recycling's current Interest Expense is ₹-181 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nikita Greentech Recycling stock overvalued right now?
Nikita Greentech Recycling (NSE:NIKITA) has a current Interest Expense of ₹-181 Mil. The current Interest Expense is ₹-181 Mil. Nikita Greentech Recycling's overall GF Score™ is 11/100 with 6 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 Nikita Greentech Recycling (NSE:NIKITA), the current Interest Expense is ₹-181 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.

Nikita Greentech Recycling Business Description

Address Industrial Estate Panipat Road, C-10, Shamli, Muzaffarnagar, UP, IND, 247776
Nikita Greentech Recycling Ltd, formerly Nikita Papers Ltd is a manufacturers of recycled kraft paper. It is manufacturing Kraft paper ranging from 80 to 200 GSM in various Burst Factor (B.F.) ranges. The company has only one segment: Business of Kraft Paper Manufacturing.
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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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