Solve Plastic Products (NSE:BALCO) Effective Interest Rate on Debt %: 10.28% (As of Sep. 2025)

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NSE:BALCO Solve Plastic Products Ltd NSE:BALCO
10 GF Score
Price ₹19.00
! 2 Warning Signs
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What is Solve Plastic Products Effective Interest Rate on Debt %?

Solve Plastic Products NSE:BALCO 10 Effective Interest Rate on Debt % is 10.28% as of Sep. 2025. GuruFocus rates NSE:BALCO with a GF Score™ of 10/100. The stock has 2 warning signs investors should review.

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. Solve Plastic Products's annualized positive value of Interest Expense for the quarter that ended in Sep. 2025 was ₹10.7 Mil. Solve Plastic Products's average total debt for the quarter that ended in Sep. 2025 was ₹103.6 Mil. Therefore, Solve Plastic Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2025 was 10.28%.


Solve Plastic Products  (NSE:BALCO) Effective Interest Rate on Debt % Explanation

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


Solve Plastic Products Effective Interest Rate on Debt % Related Terms


Solve Plastic Products Effective Interest Rate on Debt % Historical Data

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The historical data trend for Solve Plastic Products'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.

Solve Plastic Products Effective Interest Rate on Debt % Chart

Solve Plastic Products Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
10.38 10.01 11.08 12.25 8.86

Solve Plastic Products Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
Effective Interest Rate on Debt % Get a 7-Day Free Trial 12.61 11.90 11.50 7.11 10.28

NSE:BALCO vs VRT, BE: Effective Interest Rate on Debt % Comparison

For the Electrical Equipment & Parts subindustry, Solve Plastic Products'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.


Solve Plastic Products Effective Interest Rate on Debt % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solve Plastic Products's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Solve Plastic Products's Effective Interest Rate on Debt % falls into.


NSE:BALCO
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Solve Plastic Products Ltd NSE:BALCO
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solve Plastic Products Effective Interest Rate on Debt % Calculation

Solve Plastic Products'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  *  -9.864/( (124.081+98.594)/ 2 )
=-1  *  -9.864/111.3375
=8.86 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=31.118 + 92.963
=124.081

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.57 + 70.024
=98.594

Solve Plastic Products's annualized Effective Interest Rate on Debt % for the quarter that ended in Sep. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2025 )+Total Debt  (Q: Sep. 2025 ))/ count )
=-1  *  -10.65/( (98.594+108.526)/ 2 )
=-1  *  -10.65/103.56
=10.28 %

where

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=28.57 + 70.024
=98.594

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=23.519 + 85.007
=108.526

* 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 two times the semi-annual (Sep. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 10.28% mean?
Solve Plastic Products (NSE:BALCO) has a Effective Interest Rate on Debt % of 10.28% as of Sep. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Solve Plastic Products and its competitors.
Is Solve Plastic Products' Effective Interest Rate on Debt % too high?
Solve Plastic Products' current Effective Interest Rate on Debt % is 10.28%. Overall, Solve Plastic Products has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Solve Plastic Products' Effective Interest Rate on Debt % compare to VRT and BE?
Solve Plastic Products' Effective Interest Rate on Debt % of 10.28% 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 Effective Interest Rate on Debt % for an Industrial Products company?
A good Effective Interest Rate on Debt % depends on the Industrial Products industry context. However, Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Solve Plastic Products and its competitors. Solve Plastic Products's current Effective Interest Rate on Debt % is 10.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solve Plastic Products stock overvalued right now?
Solve Plastic Products (NSE:BALCO) has a current Effective Interest Rate on Debt % of 10.28%. The current Effective Interest Rate on Debt % is 10.28%. Solve Plastic Products' overall GF Score™ is 10/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Solve Plastic Products (NSE:BALCO), the current Effective Interest Rate on Debt % is 10.28% as of Sep. 2025. 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.

Solve Plastic Products Business Description

Address Powerhouse Ward, 2nd Floor, BALCO Building, XXIX/456, Tholicode, Pathanapuram, Kollam, KL, IND, 691333
Solve Plastic Products Ltd manufactures a comprehensive range of uPVC (Unplasticized Polyvinyl Chloride) pipes and rigid PVC electrical conduits. The company markets its products under the brand name BALCOPIPES, which includes flexible conduits, green hoses, rigid PVC electric conduit fittings, solvent cement, uPVC pipes and fittings, water tanks, CPVC water pipes and fittings, and casing and capping.
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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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