Prime Cable Industries (NSE:PRIMECAB) Interest Expense: ₹-45 Mil (TTM As of Mar. 2026)


NSE:PRIMECAB Prime Cable Industries Ltd NSE:PRIMECAB
25 GF Score
Price ₹129.20
! 4 Warning Signs
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What is Prime Cable Industries Interest Expense?

Prime Cable Industries NSE:PRIMECAB +5.00% 25 Interest Expense is ₹-45 Mil as of Mar. 2026. GuruFocus rates NSE:PRIMECAB with a GF Score™ of 25/100. The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Prime Cable Industries's interest expense for the six months ended in Mar. 2026 was ₹ -23 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-45 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. Prime Cable Industries's Operating Income for the six months ended in Mar. 2026 was ₹ 129 Mil. Prime Cable Industries's Interest Expense for the six months ended in Mar. 2026 was ₹ -23 Mil. Prime Cable Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 5.74. 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.

Prime Cable Industries  (NSE:PRIMECAB) 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.

Prime Cable Industries's Interest Expense for the six months ended in Mar. 2026 was ₹-23 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹129 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹106 Mil.

Prime Cable Industries'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*129.278/-22.532
=5.74

* 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.

Prime Cable Industries Interest Expense Historical Data

* Premium members only.

The historical data trend for Prime Cable Industries'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.

Prime Cable Industries Interest Expense Chart

Prime Cable Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
-10.74 -18.28 -26.53 -37.55 -44.80

Prime Cable Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial 0.00 -16.95 -20.60 -22.27 -22.53
NSE:PRIMECAB
25GF Score
Prime Cable Industries Ltd NSE:PRIMECAB
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Prime Cable Industries 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 ₹-45 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 ₹-45 Mil mean?
Prime Cable Industries (NSE:PRIMECAB) has a Interest Expense of ₹-45 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Prime Cable Industries and its competitors.
Is Prime Cable Industries' Interest Expense too high?
Prime Cable Industries' current Interest Expense is ₹-45 Mil. Overall, Prime Cable Industries has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Prime Cable Industries' Interest Expense compare to VRT and BE?
Prime Cable Industries' Interest Expense of ₹-45 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 Prime Cable Industries and its competitors. Prime Cable Industries's current Interest Expense is ₹-45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Cable Industries stock overvalued right now?
Prime Cable Industries (NSE:PRIMECAB) has a current Interest Expense of ₹-45 Mil. The current Interest Expense is ₹-45 Mil. Prime Cable Industries' overall GF Score™ is 25/100 with 4 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 Prime Cable Industries (NSE:PRIMECAB), the current Interest Expense is ₹-45 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.

Prime Cable Industries Business Description

Address KD Block Pitampura, Flat No 249 Ground Floor, Rani Bagh, North, West Delhi, Delhi, IND, 110034
Prime Cable Industries Ltd is engaged in the manufacturing and sale of cables and wires. The company manufactures low voltage control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires and conductors catering to several institutions which includes EPC players, electricity boards, public sector undertakings responsible for generation, transmission and distribution of power (transmission, distribution and generation), oil & gas, mining, steel, real estate, electric panel builders, etc.
25GF Score

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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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