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IIRM Holdings India (BOM:526530) Effective Interest Rate on Debt % : 12.81% (As of Mar. 2025)


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What is IIRM Holdings India Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. IIRM Holdings India's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹38 Mil. IIRM Holdings India's average total debt for the quarter that ended in Mar. 2025 was ₹296 Mil. Therefore, IIRM Holdings India's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 12.81%.


IIRM Holdings India Effective Interest Rate on Debt % Historical Data

The historical data trend for IIRM Holdings India's Effective Interest Rate on Debt % 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.

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IIRM Holdings India Effective Interest Rate on Debt % Chart

IIRM Holdings India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.08 0.06 16.42 11.81

IIRM Holdings India Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Effective Interest Rate on Debt % 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 65.65 11.71 11.13 10.55 12.81

Competitive Comparison of IIRM Holdings India's Effective Interest Rate on Debt %

For the Insurance Brokers subindustry, IIRM Holdings India's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


IIRM Holdings India's Effective Interest Rate on Debt % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, IIRM Holdings India's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where IIRM Holdings India's Effective Interest Rate on Debt % falls into.


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IIRM Holdings India Effective Interest Rate on Debt % Calculation

IIRM Holdings India's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2024 )+Total Debt  (A: Mar. 2025 ))/ count )
=-1  *  -28.17/( (181.296+295.879)/ 2 )
=-1  *  -28.17/238.5875
=11.81 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=55.56 + 125.736
=181.296

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=150.08 + 145.799
=295.879

IIRM Holdings India's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -37.896/( (0+295.879)/ 1 )
=-1  *  -37.896/295.879
=12.81 %

where

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=150.08 + 145.799
=295.879

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


IIRM Holdings India  (BOM:526530) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


IIRM Holdings India Effective Interest Rate on Debt % Related Terms

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IIRM Holdings India Business Description

Traded in Other Exchanges
N/A
Address
Sardar Patel Road, 5th Floor, Ashoka My Home Chambers, Sindhi Colony, Begumpet, Secunderabad, Hyderabad, TG, IND, 500003
IIRM Holdings India Ltd invests in various group companies involved in insurance distribution, wellness services, and insurance staffing and skill development services. The group comprises approximately 7 companies, each specializing in a different area within this spectrum of services. Together with its Subsidiaries and Associates engaged in Insurance Distribution are Regulated by the respective Regulators in their respective Geographies. The Group currently operates in India, Singapore, Sri Lanka, Maldives and Kenya through entities in respective countries.

IIRM Holdings India Headlines

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