Elecon Engineering Co (NSE:ELECON) Effective Interest Rate on Debt %: 11.90% (As of Jun. 2026)

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NSE:ELECON Elecon Engineering Co Ltd NSE:ELECON
96 GF Score
Price ₹478.00
GF Value ₹646.68
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Elecon Engineering Co Effective Interest Rate on Debt %?

Elecon Engineering Co NSE:ELECON -1.76% 96 Effective Interest Rate on Debt % is 11.90% as of Jun. 2026. GuruFocus rates NSE:ELECON with a GF Score™ of 96/100 and a GF Value™ of ₹646.68 (Modestly Undervalued). The stock has 5 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. Elecon Engineering Co's annualized positive value of Interest Expense for the quarter that ended in Jun. 2026 was ₹324 Mil. Elecon Engineering Co's average total debt for the quarter that ended in Jun. 2026 was ₹2,727 Mil. Therefore, Elecon Engineering Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 was 11.90%.


Elecon Engineering Co  (NSE:ELECON) Effective Interest Rate on Debt % Explanation

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


Elecon Engineering Co Effective Interest Rate on Debt % Related Terms


Elecon Engineering Co Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Elecon Engineering Co'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.

Elecon Engineering Co Effective Interest Rate on Debt % Chart

Elecon Engineering Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.65 7.73 10.36 8.65 10.10

Elecon Engineering Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 13.57 8.83 10.58 9.17 11.90

NSE:ELECON vs GEV, ETN, PH: Effective Interest Rate on Debt % Comparison

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.


Elecon Engineering Co Effective Interest Rate on Debt % vs Industrial Products Industry

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

* The bar in red indicates where Elecon Engineering Co's Effective Interest Rate on Debt % falls into.


NSE:ELECON
96GF Score
Elecon Engineering Co Ltd NSE:ELECON
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Elecon Engineering Co Effective Interest Rate on Debt % Calculation

Elecon Engineering Co'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  *  -229.3/( (1812.3+2726.5)/ 2 )
=-1  *  -229.3/2269.4
=10.10 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1465.4 + 346.9
=1812.3

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2156.3 + 570.2
=2726.5

Elecon Engineering Co's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2026 )+Total Debt  (Q: Jun. 2026 ))/ count )
=-1  *  -324.4/( (2726.5+0)/ 1 )
=-1  *  -324.4/2726.5
=11.90 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2156.3 + 570.2
=2726.5

* 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 (Jun. 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 11.90% mean?
Elecon Engineering Co (NSE:ELECON) has a Effective Interest Rate on Debt % of 11.90% as of Jun. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Elecon Engineering Co and its competitors.
Is Elecon Engineering Co's Effective Interest Rate on Debt % too high?
Elecon Engineering Co's current Effective Interest Rate on Debt % is 11.90%. Overall, Elecon Engineering Co has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's Effective Interest Rate on Debt % compare to GEV and ETN?
Elecon Engineering Co's Effective Interest Rate on Debt % of 11.90% 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 Elecon Engineering Co and its competitors. Elecon Engineering Co's current Effective Interest Rate on Debt % is 11.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹646.68, compared to a current price of ₹478.00 — trading 26.1% below its estimated fair value. The current Effective Interest Rate on Debt % is 11.90%. Elecon Engineering Co's overall GF Score™ is 96/100 with 5 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 Elecon Engineering Co (NSE:ELECON), the current Effective Interest Rate on Debt % is 11.90% as of Jun. 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?

Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued. The current stock price of ₹478.00 is trading 26.1% below its estimated GF Value™ of ₹646.68. GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.

Key valuation signals for NSE:ELECON:

  • Effective Interest Rate on Debt %: 11.90%
  • GF Value™: ₹646.68 vs. price of ₹478.00 (26.1% below fair value)
  • GF Score™: 96/100 with 5 warning signs

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


Elecon Engineering Co Business Description

Other Exchanges 505700:India
Address Anand-Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
96GF Score

Get the complete analysis for NSE:ELECON

Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹478.00
Price
₹646.68
GF Value