Classic Electrodes (India) (NSE:CLASSICEIL) Effective Interest Rate on Debt %: 10.35% (As of Mar. 2026)

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NSE:CLASSICEIL Classic Electrodes (India) Ltd NSE:CLASSICEIL
15 GF Score
Price ₹60.00
! 1 Warning Sign
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What is Classic Electrodes (India) Effective Interest Rate on Debt %?

Classic Electrodes (India) NSE:CLASSICEIL +0.59% 15 Effective Interest Rate on Debt % is 10.35% as of Mar. 2026. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 15/100. The stock has 1 warning sign 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. Classic Electrodes (India)'s annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹27 Mil. Classic Electrodes (India)'s average total debt for the quarter that ended in Mar. 2026 was ₹258 Mil. Therefore, Classic Electrodes (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 10.35%.


Classic Electrodes (India)  (NSE:CLASSICEIL) Effective Interest Rate on Debt % Explanation

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


Classic Electrodes (India) Effective Interest Rate on Debt % Related Terms


Classic Electrodes (India) Effective Interest Rate on Debt % Historical Data

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The historical data trend for Classic Electrodes (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.

Classic Electrodes (India) Effective Interest Rate on Debt % Chart

Classic Electrodes (India) Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
7.00 8.16 9.76 10.91 18.54

Classic Electrodes (India) Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.00 8.78 0.00 14.26 10.35

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

For the Electrical Equipment & Parts subindustry, Classic Electrodes (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.


Classic Electrodes (India) Effective Interest Rate on Debt % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Classic Electrodes (India)'s Effective Interest Rate on Debt % falls into.


NSE:CLASSICEIL
15GF Score
Classic Electrodes (India) Ltd NSE:CLASSICEIL
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Classic Electrodes (India) Effective Interest Rate on Debt % Calculation

Classic Electrodes (India)'s annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2025 )+Total Debt  (A: Mar. 2026 ))/ count )
=-1  *  -36.17/( (0+195.105)/ 1 )
=-1  *  -36.17/195.105
=18.54 %

where

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.982 + 186.123
=195.105

Classic Electrodes (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Sep. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -26.678/( (320.321+195.105)/ 2 )
=-1  *  -26.678/257.713
=10.35 %

where

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=14.269 + 306.052
=320.321

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=8.982 + 186.123
=195.105

* 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 (Mar. 2026) 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 10.35% mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Effective Interest Rate on Debt % of 10.35% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Classic Electrodes (India) and its competitors.
Is Classic Electrodes (India)'s Effective Interest Rate on Debt % too high?
Classic Electrodes (India)'s current Effective Interest Rate on Debt % is 10.35%. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Effective Interest Rate on Debt % compare to VRT and BE?
Classic Electrodes (India)'s Effective Interest Rate on Debt % of 10.35% 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 Classic Electrodes (India) and its competitors. Classic Electrodes (India)'s current Effective Interest Rate on Debt % is 10.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Effective Interest Rate on Debt % of 10.35%. The current Effective Interest Rate on Debt % is 10.35%. Classic Electrodes (India)'s overall GF Score™ is 15/100 with 1 warning sign 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Effective Interest Rate on Debt % is 10.35% 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.

Classic Electrodes (India) Business Description

Address Plot BG-12 AA-1 B, Unit 201, 2nd Floor, Bus terminus and commercial complex, New Town, North 24 Parganas, New Town, WB, IND, 700156
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
15GF Score

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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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