Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) Interest Expense: ₹-3.6 Mil (TTM As of Mar. 2026)

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NSE:SHKSIL Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
20 GF Score
Price ₹41.70
! 7 Warning Signs
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What is Shri Hare-Krishna Sponge Iron Interest Expense?

Shri Hare-Krishna Sponge Iron NSE:SHKSIL +2.21% 20 Interest Expense is ₹-3.6 Mil as of Mar. 2026. GuruFocus rates NSE:SHKSIL with a GF Score™ of 20/100. The stock has 7 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Shri Hare-Krishna Sponge Iron's interest expense for the six months ended in Mar. 2026 was ₹ -2.1 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-3.6 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. Shri Hare-Krishna Sponge Iron's Operating Income for the six months ended in Mar. 2026 was ₹ 2.1 Mil. Shri Hare-Krishna Sponge Iron's Interest Expense for the six months ended in Mar. 2026 was ₹ -2.1 Mil. Shri Hare-Krishna Sponge Iron's Interest Coverage for the quarter that ended in Mar. 2026 was 1.05. 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.

Shri Hare-Krishna Sponge Iron  (NSE:SHKSIL) 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.

Shri Hare-Krishna Sponge Iron's Interest Expense for the six months ended in Mar. 2026 was ₹-2.1 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹243.5 Mil.

Shri Hare-Krishna Sponge Iron'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*2.147/-2.052
=1.05

* 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.

Shri Hare-Krishna Sponge Iron Interest Expense Historical Data

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The historical data trend for Shri Hare-Krishna Sponge Iron'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.

Shri Hare-Krishna Sponge Iron Interest Expense Chart

Shri Hare-Krishna Sponge Iron Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
-0.72 -0.99 -0.92 -2.02 -3.57

Shri Hare-Krishna Sponge Iron Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial 0.00 -0.79 -1.23 -1.51 -2.05
NSE:SHKSIL
20GF Score
Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
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Shri Hare-Krishna Sponge Iron 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 ₹-3.6 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 ₹-3.6 Mil mean?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a Interest Expense of ₹-3.6 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Shri Hare-Krishna Sponge Iron and its competitors.
Is Shri Hare-Krishna Sponge Iron's Interest Expense too high?
Shri Hare-Krishna Sponge Iron's current Interest Expense is ₹-3.6 Mil. Overall, Shri Hare-Krishna Sponge Iron has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Shri Hare-Krishna Sponge Iron's Interest Expense compare to NUE and STLD?
Shri Hare-Krishna Sponge Iron's Interest Expense of ₹-3.6 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 Shri Hare-Krishna Sponge Iron and its competitors. Shri Hare-Krishna Sponge Iron's current Interest Expense is ₹-3.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Hare-Krishna Sponge Iron stock overvalued right now?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a current Interest Expense of ₹-3.6 Mil. The current Interest Expense is ₹-3.6 Mil. Shri Hare-Krishna Sponge Iron's overall GF Score™ is 20/100 with 7 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 Shri Hare-Krishna Sponge Iron (NSE:SHKSIL), the current Interest Expense is ₹-3.6 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.

Shri Hare-Krishna Sponge Iron Business Description

Address Phase-II, Plot No.106, Industrial Growth Centre, Siltara, Raipur, CT, IND, 493111
Shri Hare-Krishna Sponge Iron Ltd is engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, it caters to the metallic requirements of steel producers in selected geographies.
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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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