Vaswani Industries (NSE:VASWANI) Interest Expense: ₹-176 Mil (TTM As of Mar. 2026)

What is Vaswani Industries Interest Expense?

Vaswani Industries NSE:VASWANI +0.78% 76 Interest Expense is ₹-176 Mil as of Mar. 2026. GuruFocus rates NSE:VASWANI with a GF Score™ of 76/100 and a GF Value™ of ₹49.05 (Modestly Overvalued). 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. Vaswani Industries's interest expense for the three months ended in Mar. 2026 was ₹ -68 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-176 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. Vaswani Industries's Operating Income for the three months ended in Mar. 2026 was ₹ 165 Mil. Vaswani Industries's Interest Expense for the three months ended in Mar. 2026 was ₹ -68 Mil. Vaswani Industries's Interest Coverage for the quarter that ended in Mar. 2026 was 2.43. 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.

Vaswani Industries (NSE:VASWANI) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Vaswani Industries's Interest Expense for the three months ended in Mar. 2026 was ₹-68 Mil. Its Operating Income for the three months ended in Mar. 2026 was ₹165 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2026 was ₹2,185 Mil.

Vaswani 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	*	165.029	/	-67.938
	=	2.43

* 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.

Warning Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Vaswani Industries Ltd interest coverage is 1.75, which is low.

Vaswani Industries Interest Expense Historical Data

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The historical data trend for Vaswani Industries's Interest Expense can be seen below:

Vaswani Industries Interest Expense Chart

Vaswani Industries Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Interest Expense

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-72.46

-70.14

-57.63

-79.91

-175.72

Vaswani Industries Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Interest Expense	Get a 7-Day Free Trial															-36.39	-31.72	-34.11	-41.95	-67.94

76GF Score

Vaswani Industries Ltd NSE:VASWANI

Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.

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Vaswani 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 quarterly data reported by the company within the most recent 12 months, which was ₹-176 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of ₹-176 Mil mean?

Vaswani Industries (NSE:VASWANI) has a Interest Expense of ₹-176 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Vaswani Industries and its competitors.

Is Vaswani Industries' Interest Expense too high?

Vaswani Industries' current Interest Expense is ₹-176 Mil. Overall, Vaswani Industries has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Vaswani Industries' Interest Expense compare to NUE and STLD?

Vaswani Industries' Interest Expense of ₹-176 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 Vaswani Industries and its competitors. Vaswani Industries's current Interest Expense is ₹-176 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Vaswani Industries stock overvalued right now?

Based on GuruFocus' analysis, Vaswani Industries (NSE:VASWANI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹49.05, compared to a current price of ₹54.52 — trading 11.2% above its estimated fair value. The current Interest Expense is ₹-176 Mil. Vaswani Industries' overall GF Score™ is 76/100 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 Vaswani Industries (NSE:VASWANI), the current Interest Expense is ₹-176 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 Vaswani Industries (NSE:VASWANI) Overvalued in 2026?

Based on GuruFocus' analysis, Vaswani Industries stock appears to be overvalued. The current stock price of ₹54.52 is trading 11.2% above its estimated GF Value™ of ₹49.05. GuruFocus considers Vaswani Industries to be Modestly Overvalued.

Key valuation signals for NSE:VASWANI:

Interest Expense: ₹-176 Mil
GF Value™: ₹49.05 vs. price of ₹54.52 (11.2% above fair value)
GF Score™: 76/100 with 7 warning signs

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

Vaswani Industries Business Description

Industry Basic Materials Steel

Comparable Companies BOM:539226 BOM:526981 NSE:SURANI BOM:543747 BOM:538365 BOM:504903 BOM:513456 NSE:KRITIKA BOM:517372 BOM:504646 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Other Exchanges 533576:India

Address Bahesar Road, Near cycle Park, Village Sondra, Phase II, Industrial Area, Siltara, Raipur, CT, IND, 493 221

Website https://www.vaswaniindustries.com

Vaswani Industries Ltd is engaged in the business of manufacturing and trading of Sponge Iron, Steel Billets, HB Wires, Iron Ore Pellets and generation of Power. Its business segments are Iron and steel; Power; Real estate and Agri division, of which key revenue is derived from the Iron and Steel segment. The company sells its products within India.

76GF Score

Get the complete analysis for NSE:VASWANI

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

₹54.52

Price

₹49.05

GF Value

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