The Shipping of India (NSE:SCI) Interest Expense: ₹-1,734 Mil (TTM As of Mar. 2026)


NSE:SCI The Shipping Corp of India Ltd NSE:SCI
76 GF Score
Price ₹301.75
GF Value ₹229.10
Valuation Significantly Overvalued
! 3 Warning Signs
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What is The Shipping of India Interest Expense?

The Shipping of India NSE:SCI -0.59% 76 Interest Expense is ₹-1,734 Mil as of Mar. 2026. GuruFocus rates NSE:SCI with a GF Score™ of 76/100 and a GF Value™ of ₹229.10 (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. The Shipping of India's interest expense for the three months ended in Mar. 2026 was ₹ -471 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-1,734 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. The Shipping of India's Operating Income for the three months ended in Mar. 2026 was ₹ 3,248 Mil. The Shipping of India's Interest Expense for the three months ended in Mar. 2026 was ₹ -471 Mil. The Shipping of India's Interest Coverage for the quarter that ended in Mar. 2026 was 6.89. 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.

The Shipping of India  (NSE:SCI) 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.

The Shipping of India's Interest Expense for the three months ended in Mar. 2026 was ₹-471 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹3,248 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹20,020 Mil.

The Shipping of India'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*3248.2/-471.2
=6.89

* 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.

The Shipping of India Interest Expense Historical Data

* Premium members only.

The historical data trend for The Shipping of India'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.

The Shipping of India Interest Expense Chart

The Shipping of India 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 -655.50 -1,194.20 -1,536.50 -1,863.30 -1,734.10

The Shipping of India 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 -388.10 -305.20 -473.80 -483.90 -471.20
NSE:SCI
76GF Score
The Shipping Corp of India Ltd NSE:SCI
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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The Shipping of India 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 ₹-1,734 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 ₹-1,734 Mil mean?
The Shipping of India (NSE:SCI) has a Interest Expense of ₹-1,734 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on The Shipping of India and its competitors.
Is The Shipping of India's Interest Expense too high?
The Shipping of India's current Interest Expense is ₹-1,734 Mil. Overall, The Shipping of India has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Shipping of India's Interest Expense compare to competitors?
The Shipping of India's Interest Expense of ₹-1,734 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Interest Expense depends on the Transportation 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 The Shipping of India and its competitors. The Shipping of India's current Interest Expense is ₹-1,734 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Shipping of India stock overvalued right now?
Based on GuruFocus' analysis, The Shipping of India (NSE:SCI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹229.10, compared to a current price of ₹301.75 — trading 31.7% above its estimated fair value. The current Interest Expense is ₹-1,734 Mil. The Shipping of India's overall GF Score™ is 76/100 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 The Shipping of India (NSE:SCI), the current Interest Expense is ₹-1,734 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 The Shipping of India (NSE:SCI) Overvalued in 2026?

Based on GuruFocus' analysis, The Shipping of India stock appears to be overvalued. The current stock price of ₹301.75 is trading 31.7% above its estimated GF Value™ of ₹229.10. GuruFocus considers The Shipping of India to be Significantly Overvalued.

Key valuation signals for NSE:SCI:

  • Interest Expense: ₹-1,734 Mil
  • GF Value™: ₹229.10 vs. price of ₹301.75 (31.7% above fair value)
  • GF Score™: 76/100 with 3 warning signs

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

The Shipping of India Business Description

Other Exchanges 523598:India
Address 245, Madame Cama Road, Shipping House, Nariman Point, Mumbai, MH, IND, 400021
The Shipping Corp of India Ltd is engaged in the sea and coastal freight water transport business. The company's segments include Liner, Bulk, Tanker, Technical and Offshore service, and others. Its Liner segment includes break-bulk, container transport, passenger, and research vessels. The Bulk segment consists of dry bulk carriers. The tankers segment that derives the majority revenue comprises of crude and product carriers, gas carriers, and phosphoric acid carriers. The company's Technical and Offshore services segment covers owned offshore vessels and the other segment incorporates income earned from the maritime training institute. Its business operations are confined only to India.
76GF Score

Get the complete analysis for NSE:SCI

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

₹301.75
Price
₹229.10
GF Value