Madhav Marbles & Granites (NSE:MADHAV) Effective Interest Rate on Debt %: 10.83% (As of Mar. 2026)

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NSE:MADHAV Madhav Marbles & Granites Ltd NSE:MADHAV
62 GF Score
Price ₹35.04
GF Value ₹38.11
Valuation Fairly Valued
! 3 Warning Signs
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What is Madhav Marbles & Granites Effective Interest Rate on Debt %?

Madhav Marbles & Granites NSE:MADHAV -2.01% 62 Effective Interest Rate on Debt % is 10.83% as of Mar. 2026. GuruFocus rates NSE:MADHAV with a GF Score™ of 62/100 and a GF Value™ of ₹38.11 (Fairly Valued). The stock has 3 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. Madhav Marbles & Granites's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹8.6 Mil. Madhav Marbles & Granites's average total debt for the quarter that ended in Mar. 2026 was ₹79.6 Mil. Therefore, Madhav Marbles & Granites's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 10.83%.


Madhav Marbles & Granites  (NSE:MADHAV) Effective Interest Rate on Debt % Explanation

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


Madhav Marbles & Granites Effective Interest Rate on Debt % Related Terms


Madhav Marbles & Granites Effective Interest Rate on Debt % Historical Data

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The historical data trend for Madhav Marbles & Granites'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.

Madhav Marbles & Granites Effective Interest Rate on Debt % Chart

Madhav Marbles & Granites 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 2.94 4.43 9.64 10.86 14.87

Madhav Marbles & Granites Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 8.68 12.09 22.94 11.78 10.83

NSE:MADHAV vs TT, JCI, CARR: Effective Interest Rate on Debt % Comparison

For the Building Products & Equipment subindustry, Madhav Marbles & Granites'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.


Madhav Marbles & Granites Effective Interest Rate on Debt % vs Construction Industry

For the Construction industry and Industrials sector, Madhav Marbles & Granites's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Madhav Marbles & Granites's Effective Interest Rate on Debt % falls into.


NSE:MADHAV
62GF Score
Madhav Marbles & Granites Ltd NSE:MADHAV
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Madhav Marbles & Granites Effective Interest Rate on Debt % Calculation

Madhav Marbles & Granites'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  *  -14.63/( (117.153+79.553)/ 2 )
=-1  *  -14.63/98.353
=14.87 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=12.725 + 104.428
=117.153

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.933 + 72.62
=79.553

Madhav Marbles & Granites'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: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -8.616/( (0+79.553)/ 1 )
=-1  *  -8.616/79.553
=10.83 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=6.933 + 72.62
=79.553

* 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. 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 10.83% mean?
Madhav Marbles & Granites (NSE:MADHAV) has a Effective Interest Rate on Debt % of 10.83% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Madhav Marbles & Granites and its competitors.
Is Madhav Marbles & Granites' Effective Interest Rate on Debt % too high?
Madhav Marbles & Granites' current Effective Interest Rate on Debt % is 10.83%. Overall, Madhav Marbles & Granites has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Madhav Marbles & Granites' Effective Interest Rate on Debt % compare to TT and JCI?
Madhav Marbles & Granites' Effective Interest Rate on Debt % of 10.83% can be compared against companies in the Construction 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 a Construction company?
A good Effective Interest Rate on Debt % depends on the Construction 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 Madhav Marbles & Granites and its competitors. Madhav Marbles & Granites's current Effective Interest Rate on Debt % is 10.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhav Marbles & Granites stock overvalued right now?
Based on GuruFocus' analysis, Madhav Marbles & Granites (NSE:MADHAV) is currently considered Fairly Valued. The stock's GF Value™ is ₹38.11, compared to a current price of ₹35.04 — trading 8.1% below its estimated fair value. The current Effective Interest Rate on Debt % is 10.83%. Madhav Marbles & Granites' overall GF Score™ is 62/100 with 3 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 Madhav Marbles & Granites (NSE:MADHAV), the current Effective Interest Rate on Debt % is 10.83% 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.

Is Madhav Marbles & Granites (NSE:MADHAV) Overvalued in 2026?

Based on GuruFocus' analysis, Madhav Marbles & Granites stock appears to be undervalued. The current stock price of ₹35.04 is trading 8.1% below its estimated GF Value™ of ₹38.11. GuruFocus considers Madhav Marbles & Granites to be Fairly Valued.

Key valuation signals for NSE:MADHAV:

  • Effective Interest Rate on Debt %: 10.83%
  • GF Value™: ₹38.11 vs. price of ₹35.04 (8.1% below fair value)
  • GF Score™: 62/100 with 3 warning signs

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


Madhav Marbles & Granites Business Description

Other Exchanges 515093:India
Address 16, Saheli Marg, First Floor, Mumal Towers, Udaipur, RJ, IND, 313001
Madhav Marbles & Granites Ltd engages in processing and exporting natural stone products including marble, granite, quartz, quartzite, and sandstone. Its operations include a Granite Division based in South India in a region known for granite reserves, and a Marble Division located in North India near the green marble quarries. The company generates revenue through manufacturing and exporting natural stone slabs and tiles to the markets of various countries, including North America, South America, Europe, Australia, South Africa, Russia, and the Far East. Its facilities are situated close to raw material sources, supporting efficient procurement and production. The company also includes segments related to realty and power generation alongside its core stone processing business.
62GF Score

Get the complete analysis for NSE:MADHAV

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

₹35.04
Price
₹38.11
GF Value