Sunlite Recycling Industries (NSE:SUNLITE) Interest Expense: ₹-26 Mil (TTM As of Mar. 2026)


NSE:SUNLITE Sunlite Recycling Industries Ltd NSE:SUNLITE
44 GF Score
Price ₹449.00
! 1 Warning Sign
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What is Sunlite Recycling Industries Interest Expense?

Sunlite Recycling Industries NSE:SUNLITE -0.85% 44 Interest Expense is ₹-26 Mil as of Mar. 2026. GuruFocus rates NSE:SUNLITE with a GF Score™ of 44/100. The stock has 1 warning sign investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Sunlite Recycling Industries's interest expense for the six months ended in Mar. 2026 was ₹ -14 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-26 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. Sunlite Recycling Industries's Operating Income for the six months ended in Mar. 2026 was ₹ 368 Mil. Sunlite Recycling Industries's Interest Expense for the six months ended in Mar. 2026 was ₹ -14 Mil. Sunlite Recycling Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 26.37. 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.

Sunlite Recycling Industries  (NSE:SUNLITE) 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.

Sunlite Recycling Industries's Interest Expense for the six months ended in Mar. 2026 was ₹-14 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹368 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹83 Mil.

Sunlite Recycling 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*367.582/-13.939
=26.37

* 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.

Sunlite Recycling Industries Interest Expense Historical Data

* Premium members only.

The historical data trend for Sunlite Recycling 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.

Sunlite Recycling Industries Interest Expense Chart

Sunlite Recycling Industries Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Interest Expense
Get a 7-Day Free Trial -27.87 -44.93 -44.08 -30.08 -25.55

Sunlite Recycling Industries Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Interest Expense Get a 7-Day Free Trial Premium Member Only -18.23 -17.71 -12.37 -11.61 -13.94
NSE:SUNLITE
44GF Score
Sunlite Recycling Industries Ltd NSE:SUNLITE
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Sunlite Recycling 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 ₹-26 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 ₹-26 Mil mean?
Sunlite Recycling Industries (NSE:SUNLITE) has a Interest Expense of ₹-26 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Sunlite Recycling Industries and its competitors.
Is Sunlite Recycling Industries' Interest Expense too high?
Sunlite Recycling Industries' current Interest Expense is ₹-26 Mil. Overall, Sunlite Recycling Industries has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Sunlite Recycling Industries' Interest Expense compare to VRT and BE?
Sunlite Recycling Industries' Interest Expense of ₹-26 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 Sunlite Recycling Industries and its competitors. Sunlite Recycling Industries's current Interest Expense is ₹-26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sunlite Recycling Industries stock overvalued right now?
Sunlite Recycling Industries (NSE:SUNLITE) has a current Interest Expense of ₹-26 Mil. The current Interest Expense is ₹-26 Mil. Sunlite Recycling Industries' overall GF Score™ is 44/100 with 1 warning sign 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 Sunlite Recycling Industries (NSE:SUNLITE), the current Interest Expense is ₹-26 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.

Sunlite Recycling Industries Business Description

Address Survey No. 270A & Plot No. 1, Survey No. 267, Chhatha Mile, Dantali, Vaso, Kheda, GJ, IND, 387350
Sunlite Recycling Industries Ltd is engaged in the business of manufacturing of copper rods & wires, copper earthing wires, copper earthing strips, copper conductors, copper wire bars etc. through recycling of copper scrap, which has electrical and mechanical properties suitable for applications in power generation, transmission, distribution and electronic industries. Further, it is also engaged in providing job work services for processing of various products of copper, wherein its customers provide company with the copper scrap and the company converts the copper scrap into copper wire and copper wire rod as per customer's requirement. It employs an internal quality control mechanism to ensure that its finished product conforms to the exact requirement of its customers.
44GF Score

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