Electrosteel Castings (NSE:ELECTCAST) Effective Interest Rate on Debt % : 6.49% (As of Mar. 2025)

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What is Electrosteel Castings 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. Electrosteel Castings's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹1,380 Mil. Electrosteel Castings's average total debt for the quarter that ended in Mar. 2025 was ₹21,255 Mil. Therefore, Electrosteel Castings's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 6.49%.

Electrosteel Castings Effective Interest Rate on Debt % Historical Data

The historical data trend for Electrosteel Castings'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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Electrosteel Castings Effective Interest Rate on Debt % Chart

Electrosteel Castings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Effective Interest Rate on Debt %

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9.42

6.53

8.23

8.75

7.21

Electrosteel Castings 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															8.83	7.08	8.37	9.28	6.49

Competitive Comparison of Electrosteel Castings's Effective Interest Rate on Debt %

For the Building Products & Equipment subindustry, Electrosteel Castings'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.

Electrosteel Castings's Effective Interest Rate on Debt % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Electrosteel Castings's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Electrosteel Castings's Effective Interest Rate on Debt % falls into.

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Electrosteel Castings Effective Interest Rate on Debt % Calculation

Electrosteel Castings'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 * -1607.087	/	( (23321.415	+	21254.53)	/ 2 )
=	-1 * -1607.087	/	22287.9725
=	7.21 %

where

	Total Debt (A: Mar. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	4733.934	+	18587.481
=	23321.415

	Total Debt (A: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2670.595	+	18583.935
=	21254.53

Electrosteel Castings'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 * -1380.292	/	( (0	+	21254.53)	/ 1 )
=	-1 * -1380.292	/	21254.53
=	6.49 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	0	+	0
=	0

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	2670.595	+	18583.935
=	21254.53

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.

Electrosteel Castings (NSE:ELECTCAST) Effective Interest Rate on Debt % Explanation

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

Electrosteel Castings Effective Interest Rate on Debt % Related Terms

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Electrosteel Castings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Electrosteel Castings Ltd (NSE:ELECTCAST) » Definitions » Effective Interest Rate on Debt %

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Traded in Other Exchanges

500128:India

Address

19, Camac Street, G.K. Tower, Kolkata, WB, IND, 700017

Website

https://www.electrosteel.com

Electrosteel Castings Ltd is a pipeline solution provider. The business activity of the firm is the manufacturing of ductile iron pipes, fittings, and cast-iron pipes. It offers a range of pipes which includes DI pipes, Electrolock pipes, and DI flanged pipes among others. In addition, it also produces Pig Iron, Metallurgical Coke, Sponge Iron, Sinter, Cement, Ferro products, Paint and Power. The company has one reportable segment namely, Pipes and Fittings, and all other activities revolve around the main business. Geographically, it derives a majority of its revenue within India and also has its presence in international markets through exports of its products.

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