Surani Steel Tubes (NSE:SURANI) Interest Expense: ₹0.0 Mil (TTM As of Mar. 2026)

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NSE:SURANI Surani Steel Tubes Ltd NSE:SURANI
59 GF Score
Price ₹99.20
GF Value ₹69.68
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Surani Steel Tubes Interest Expense?

Surani Steel Tubes NSE:SURANI +0.20% 59 Interest Expense is ₹0.0 Mil as of Mar. 2026. GuruFocus rates NSE:SURANI with a GF Score™ of 59/100 and a GF Value™ of ₹69.68 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Surani Steel Tubes's interest expense for the six months ended in Mar. 2026 was ₹ 0.4 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.0 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. Surani Steel Tubes's Operating Income for the six months ended in Mar. 2026 was ₹ -13.0 Mil. Surani Steel Tubes's Interest Expense for the six months ended in Mar. 2026 was ₹ 0.4 Mil. Surani Steel Tubes did not have earnings to cover the interest expense. 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.

Surani Steel Tubes  (NSE:SURANI) 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.

Surani Steel Tubes's Interest Expense for the six months ended in Mar. 2026 was ₹0.4 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹-13.0 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹0.0 Mil.

Surani Steel Tubes's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

* 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.

Good Sign:

Surani Steel Tubes Ltd has no debt.

Surani Steel Tubes Interest Expense Historical Data

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The historical data trend for Surani Steel Tubes'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.

Surani Steel Tubes Interest Expense Chart

Surani Steel Tubes 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 -16.02 -10.16 -0.55 -0.17 0.00

Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.00 -0.17 -0.38 0.38
NSE:SURANI
59GF Score
Surani Steel Tubes Ltd NSE:SURANI
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Surani Steel Tubes 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 ₹0.0 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 ₹0.0 Mil mean?
Surani Steel Tubes (NSE:SURANI) has a Interest Expense of ₹0.0 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Surani Steel Tubes and its competitors.
Is Surani Steel Tubes' Interest Expense too high?
Surani Steel Tubes' current Interest Expense is ₹0.0 Mil. Overall, Surani Steel Tubes has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surani Steel Tubes' Interest Expense compare to NUE and STLD?
Surani Steel Tubes' Interest Expense of ₹0.0 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 Surani Steel Tubes and its competitors. Surani Steel Tubes's current Interest Expense is ₹0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surani Steel Tubes stock overvalued right now?
Based on GuruFocus' analysis, Surani Steel Tubes (NSE:SURANI) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹69.68, compared to a current price of ₹99.20 — trading 42.4% above its estimated fair value. The current Interest Expense is ₹0.0 Mil. Surani Steel Tubes' overall GF Score™ is 59/100 with 4 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 Surani Steel Tubes (NSE:SURANI), the current Interest Expense is ₹0.0 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 Surani Steel Tubes (NSE:SURANI) Overvalued in 2026?

Based on GuruFocus' analysis, Surani Steel Tubes stock appears to be overvalued. The current stock price of ₹99.20 is trading 42.4% above its estimated GF Value™ of ₹69.68. GuruFocus considers Surani Steel Tubes to be Significantly Overvalued.

Key valuation signals for NSE:SURANI:

  • Interest Expense: ₹0.0 Mil
  • GF Value™: ₹69.68 vs. price of ₹99.20 (42.4% above fair value)
  • GF Score™: 59/100 with 4 warning signs

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

Surani Steel Tubes Business Description

Address Bayad Road, Sr. No. 110, 115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and others. Geographically, it operates only in India.
59GF Score

Get the complete analysis for NSE:SURANI

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

₹99.20
Price
₹69.68
GF Value