SKP Bearing Industries (NSE:SKP) Interest Expense: ₹-31 Mil (TTM As of Mar. 2026)

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NSE:SKP SKP Bearing Industries Ltd NSE:SKP
70 GF Score
Price ₹156.30
GF Value ₹429.69
Valuation Possible Value Trap
! 5 Warning Signs
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What is SKP Bearing Industries Interest Expense?

SKP Bearing Industries NSE:SKP -1.82% 70 Interest Expense is ₹-31 Mil as of Mar. 2026. GuruFocus rates NSE:SKP with a GF Score™ of 70/100 and a GF Value™ of ₹429.69 (Possible Value Trap). The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SKP Bearing Industries's interest expense for the six months ended in Mar. 2026 was ₹ -16 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-31 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. SKP Bearing Industries's Operating Income for the six months ended in Mar. 2026 was ₹ 5 Mil. SKP Bearing Industries's Interest Expense for the six months ended in Mar. 2026 was ₹ -16 Mil. SKP Bearing Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 0.31. 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.

SKP Bearing Industries  (NSE:SKP) 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.

SKP Bearing Industries's Interest Expense for the six months ended in Mar. 2026 was ₹-16 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹5 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹281 Mil.

SKP Bearing 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*4.861/-15.763
=0.31

* 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.

SKP Bearing Industries Interest Expense Historical Data

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The historical data trend for SKP Bearing 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.

SKP Bearing Industries Interest Expense Chart

SKP Bearing Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -3.14 -8.74 -11.20 -19.58 -31.45

SKP Bearing Industries Semi-Annual Data
Mar19 Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.45 -11.33 -8.24 -15.69 -15.76
NSE:SKP
70GF Score
SKP Bearing Industries Ltd NSE:SKP
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SKP Bearing 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 ₹-31 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 ₹-31 Mil mean?
SKP Bearing Industries (NSE:SKP) has a Interest Expense of ₹-31 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on SKP Bearing Industries and its competitors.
Is SKP Bearing Industries' Interest Expense too high?
SKP Bearing Industries' current Interest Expense is ₹-31 Mil. Overall, SKP Bearing Industries has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SKP Bearing Industries' Interest Expense compare to SNA and RBC?
SKP Bearing Industries' Interest Expense of ₹-31 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 SKP Bearing Industries and its competitors. SKP Bearing Industries's current Interest Expense is ₹-31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SKP Bearing Industries stock overvalued right now?
Based on GuruFocus' analysis, SKP Bearing Industries (NSE:SKP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹429.69, compared to a current price of ₹156.30 — trading 63.6% below its estimated fair value. The current Interest Expense is ₹-31 Mil. SKP Bearing Industries' overall GF Score™ is 70/100 with 5 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 SKP Bearing Industries (NSE:SKP), the current Interest Expense is ₹-31 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 SKP Bearing Industries (NSE:SKP) Overvalued in 2026?

Based on GuruFocus' analysis, SKP Bearing Industries stock appears to be undervalued. The current stock price of ₹156.30 is trading 63.6% below its estimated GF Value™ of ₹429.69. GuruFocus considers SKP Bearing Industries to be Possible Value Trap.

Key valuation signals for NSE:SKP:

  • Interest Expense: ₹-31 Mil
  • GF Value™: ₹429.69 vs. price of ₹156.30 (63.6% below fair value)
  • GF Score™: 70/100 with 5 warning signs

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

SKP Bearing Industries Business Description

Address Survey No.2127, Mulchand Road, Surendranagar District, Wadhwan, GJ, IND, 363035
SKP Bearing Industries Ltd is engaged in manufacturing needle rollers, cylindrical rollers, pins, steel balls, and other related products, generating of electricity through windmill power projects, and solar power projects. The company supplies its products to diverse industries such as textiles, automobiles, and other products across India.
70GF Score

Get the complete analysis for NSE:SKP

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

₹156.30
Price
₹429.69
GF Value