SP Refractories (NSE:SPRL) Interest Expense: ₹-1.5 Mil (TTM As of Mar. 2026)


NSE:SPRL SP Refractories Ltd NSE:SPRL
71 GF Score
Price ₹111.00
GF Value ₹140.56
Valuation Modestly Undervalued
! 2 Warning Signs
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What is SP Refractories Interest Expense?

SP Refractories NSE:SPRL 71 Interest Expense is ₹-1.5 Mil as of Mar. 2026. GuruFocus rates NSE:SPRL with a GF Score™ of 71/100 and a GF Value™ of ₹140.56 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. SP Refractories's interest expense for the six months ended in Mar. 2026 was ₹ -0.5 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-1.5 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. SP Refractories's Operating Income for the six months ended in Mar. 2026 was ₹ 18.3 Mil. SP Refractories's Interest Expense for the six months ended in Mar. 2026 was ₹ -0.5 Mil. SP Refractories's Interest Coverage for the quarter that ended in Mar. 2026 was 40.56. 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.

SP Refractories  (NSE:SPRL) 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.

SP Refractories's Interest Expense for the six months ended in Mar. 2026 was ₹-0.5 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹18.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹9.4 Mil.

SP Refractories'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*18.293/-0.451
=40.56

* 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.

SP Refractories Interest Expense Historical Data

* Premium members only.

The historical data trend for SP Refractories'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.

SP Refractories Interest Expense Chart

SP Refractories Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -4.16 -4.10 -4.25 -3.44 -1.50

SP Refractories Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 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 Premium Member Only -2.83 -1.79 -1.65 -1.05 -0.45
NSE:SPRL
71GF Score
SP Refractories Ltd NSE:SPRL
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SP Refractories 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 ₹-1.5 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 ₹-1.5 Mil mean?
SP Refractories (NSE:SPRL) has a Interest Expense of ₹-1.5 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on SP Refractories and its competitors.
Is SP Refractories' Interest Expense too high?
SP Refractories' current Interest Expense is ₹-1.5 Mil. Overall, SP Refractories has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SP Refractories' Interest Expense compare to CRH and VMC?
SP Refractories' Interest Expense of ₹-1.5 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Interest Expense depends on the Building Materials 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 SP Refractories and its competitors. SP Refractories's current Interest Expense is ₹-1.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP Refractories stock overvalued right now?
Based on GuruFocus' analysis, SP Refractories (NSE:SPRL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹140.56, compared to a current price of ₹111.00 — trading 21% below its estimated fair value. The current Interest Expense is ₹-1.5 Mil. SP Refractories' overall GF Score™ is 71/100 with 2 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 SP Refractories (NSE:SPRL), the current Interest Expense is ₹-1.5 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 SP Refractories (NSE:SPRL) Overvalued in 2026?

Based on GuruFocus' analysis, SP Refractories stock appears to be undervalued. The current stock price of ₹111.00 is trading 21% below its estimated GF Value™ of ₹140.56. GuruFocus considers SP Refractories to be Modestly Undervalued.

Key valuation signals for NSE:SPRL:

  • Interest Expense: ₹-1.5 Mil
  • GF Value™: ₹140.56 vs. price of ₹111.00 (21% below fair value)
  • GF Score™: 71/100 with 2 warning signs

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

SP Refractories Business Description

Address Hingna Road, M-10, M-11/1 & M-11/2, MIDC Industrial Area, Nagpur, MH, IND, 440016
SP Refractories Ltd is engaged in manufacturing and supplying refractory material made using hydrated lime, calcined alumina, and other raw materials. The company is involved in single segment of manufacturing and supplying of high quality refractory material. Its core focus is on refractory cement which is a niche and high-margin cement widely used in iron and steel and construction industries because of its thermal conductivity, maximum strength, and heat resistance.
71GF Score

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

₹111.00
Price
₹140.56
GF Value