V-Marc India (NSE:VMARCIND) Interest Expense: ₹-454 Mil (TTM As of Mar. 2026)

What is V-Marc India Interest Expense?

V-Marc India NSE:VMARCIND +0.19% 73 Interest Expense is ₹-454 Mil as of Mar. 2026. GuruFocus rates NSE:VMARCIND with a GF Score™ of 73/100 and a GF Value™ of ₹152.18 (Significantly Overvalued). 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. V-Marc India's interest expense for the six months ended in Mar. 2026 was ₹ -271 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-454 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. V-Marc India's Operating Income for the six months ended in Mar. 2026 was ₹ 1,100 Mil. V-Marc India's Interest Expense for the six months ended in Mar. 2026 was ₹ -271 Mil. V-Marc India's Interest Coverage for the quarter that ended in Mar. 2026 was 4.05. 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.

V-Marc India (NSE:VMARCIND) 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.

V-Marc India's Interest Expense for the six months ended in Mar. 2026 was ₹-271 Mil. Its Operating Income for the six months ended in Mar. 2026 was ₹1,100 Mil. And its Long-Term Debt & Capital Lease Obligation for the six months ended in Mar. 2026 was ₹1,069 Mil.

V-Marc India'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	*	1099.645	/	-271.381
	=	4.05

* 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.

V-Marc India Interest Expense Historical Data

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The historical data trend for V-Marc India's Interest Expense can be seen below:

V-Marc India Interest Expense Chart

V-Marc India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

Interest Expense

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-59.12

-108.14

-189.78

-306.32

-454.28

V-Marc India Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25	Sep25	Mar26
Interest Expense	Get a 7-Day Free Trial										-124.88	-120.45	-185.87	-182.89	-271.38

73GF Score

V-Marc India Ltd NSE:VMARCIND

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

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V-Marc India 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 ₹-454 Mil.

Frequently Asked Questions Learn more about Interest Expense →

What does a Interest Expense of ₹-454 Mil mean?

V-Marc India (NSE:VMARCIND) has a Interest Expense of ₹-454 Mil as of Mar. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on V-Marc India and its competitors.

Is V-Marc India's Interest Expense too high?

V-Marc India's current Interest Expense is ₹-454 Mil. Overall, V-Marc India has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does V-Marc India's Interest Expense compare to VRT and BE?

V-Marc India's Interest Expense of ₹-454 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 V-Marc India and its competitors. V-Marc India's current Interest Expense is ₹-454 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is V-Marc India stock overvalued right now?

Based on GuruFocus' analysis, V-Marc India (NSE:VMARCIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹152.18, compared to a current price of ₹263.80 — trading 73.3% above its estimated fair value. The current Interest Expense is ₹-454 Mil. V-Marc India's overall GF Score™ is 73/100 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 V-Marc India (NSE:VMARCIND), the current Interest Expense is ₹-454 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 V-Marc India (NSE:VMARCIND) Overvalued in 2026?

Based on GuruFocus' analysis, V-Marc India stock appears to be overvalued. The current stock price of ₹263.80 is trading 73.3% above its estimated GF Value™ of ₹152.18. GuruFocus considers V-Marc India to be Significantly Overvalued.

Key valuation signals for NSE:VMARCIND:

Interest Expense: ₹-454 Mil
GF Value™: ₹152.18 vs. price of ₹263.80 (73.3% above fair value)
GF Score™: 73/100 with 5 warning signs

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

V-Marc India Business Description

Industry Industrials Industrial Products

Comparable Companies BOM:504036 BOM:522281 NSE:MARINE BOM:504212 BOM:503960 BOM:532717 NSE:SPECTRUM NSE:OSWALPUMPS BOM:531508 BOM:531201 SZSE:300750 XSWX:ABBN VRT BKK:DELTA TSE:6503 BE XKRX:373220 MIL:PRY SZSE:300274 XPAR:LR

Address Plot No. 3, 4, 18, 20A, Sector IIDC, SIDCUL, Haridwar, UT, IND, 249403

Website https://www.v-marc.com

V-Marc India Ltd is engaged in the business of manufacturing and marketing wires and cables under the brand name of V-Marc. The company manufactures and sells a diversified range of wires and cables such as single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, aerial bunched cables, and others. It is a Specialised Control and instrumentation cable company offering a wide range of cable products to multiple industries. Geographically, it operates in India.

73GF Score

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

₹263.80

Price

₹152.18

GF Value

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