Rane (Madras) (NSE:RML) Interest Expense: ₹-593 Mil (TTM As of Mar. 2026)

What is Rane (Madras) Interest Expense?

Rane (Madras) NSE:RML +1.04% 67 Interest Expense is ₹-593 Mil as of Mar. 2026. GuruFocus rates NSE:RML with a GF Score™ of 67/100 and a GF Value™ of ₹642.09 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Rane (Madras)'s interest expense for the three months ended in Mar. 2026 was ₹ -125 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-593 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. Rane (Madras)'s Operating Income for the three months ended in Mar. 2026 was ₹ 572 Mil. Rane (Madras)'s Interest Expense for the three months ended in Mar. 2026 was ₹ -125 Mil. Rane (Madras)'s Interest Coverage for the quarter that ended in Mar. 2026 was 4.58. 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.

Rane (Madras) (NSE:RML) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Rane (Madras)'s Interest Expense for the three months ended in Mar. 2026 was ₹-125 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹572 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹1,413 Mil.

Rane (Madras)'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	*	572.2	/	-124.9
	=	4.58

* 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.

Rane (Madras) Interest Expense Historical Data

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The historical data trend for Rane (Madras)'s Interest Expense can be seen below:

Rane (Madras) Interest Expense Chart

Rane (Madras) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Interest Expense

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-176.30

-332.90

-660.50

-745.40

-593.00

Rane (Madras) 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															-184.90	-170.30	-150.90	-146.90	-124.90

67GF Score

Rane (Madras) Ltd NSE:RML

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Rane (Madras) 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 ₹-593 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of ₹-593 Mil mean?

Rane (Madras) (NSE:RML) has a Interest Expense of ₹-593 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Rane (Madras) and its competitors.

Is Rane (Madras)'s Interest Expense too high?

Rane (Madras)'s current Interest Expense is ₹-593 Mil. Overall, Rane (Madras) has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Rane (Madras)'s Interest Expense compare to ORLY and AZO?

Rane (Madras)'s Interest Expense of ₹-593 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?

A good Interest Expense depends on the Vehicles & Parts 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 Rane (Madras) and its competitors. Rane (Madras)'s current Interest Expense is ₹-593 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Rane (Madras) stock overvalued right now?

Based on GuruFocus' analysis, Rane (Madras) (NSE:RML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹642.09, compared to a current price of ₹1,206.80 — trading 87.9% above its estimated fair value. The current Interest Expense is ₹-593 Mil. Rane (Madras)'s overall GF Score™ is 67/100 with 8 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 Rane (Madras) (NSE:RML), the current Interest Expense is ₹-593 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 Rane (Madras) (NSE:RML) Overvalued in 2026?

Based on GuruFocus' analysis, Rane (Madras) stock appears to be overvalued. The current stock price of ₹1,206.80 is trading 87.9% above its estimated GF Value™ of ₹642.09. GuruFocus considers Rane (Madras) to be Significantly Overvalued.

Key valuation signals for NSE:RML:

Interest Expense: ₹-593 Mil
GF Value™: ₹642.09 vs. price of ₹1,206.80 (87.9% above fair value)
GF Score™: 67/100 with 8 warning signs

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

Rane (Madras) Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies BOM:505010 BOM:543812 BOM:509243 NSE:CARRARO BOM:505744 BOM:505160 NSE:RANEHOLDIN BOM:532240 BOM:513262 BOM:520057 ORLY TSE:5802 AZO TSE:6902 XKRX:012330 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG

Other Exchanges 532661:India

Address 154, Velachery Road, Ganapathi Buildings, Chennai, TN, IND, 600042

Website https://www.ranegroup.com

Rane (Madras) Ltd provides components for the transportation industry. The company is a manufacturer of steering and suspension linkages products, steering gear products and other articles of aluminum die casting products. It operates through two divisions: the Steering and Linkages division and the Light Metal Castings division. The company's steering and linkages division manufactures manual steering gears, hydrostatic steering systems, and steering and suspension linkage products. Its Light Metal Castings division manufactures low-porosity, high-quality aluminum die-castings such as steering housings and engine case covers. Geographically, the company derives key revenue within India.

67GF Score

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

₹1,206.80

Price

₹642.09

GF Value

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