Megatherm Induction (NSE:MEGATHERM) Effective Interest Rate on Debt %: 9.60% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MEGATHERM Megatherm Induction Ltd NSE:MEGATHERM
44 GF Score
Price ₹218.90
! 3 Warning Signs
View Full Analysis

What is Megatherm Induction Effective Interest Rate on Debt %?

Megatherm Induction NSE:MEGATHERM -4.47% 44 Effective Interest Rate on Debt % is 9.60% as of Mar. 2026. GuruFocus rates NSE:MEGATHERM with a GF Score™ of 44/100. 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. Megatherm Induction's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹41 Mil. Megatherm Induction's average total debt for the quarter that ended in Mar. 2026 was ₹423 Mil. Therefore, Megatherm Induction's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 9.60%.


Megatherm Induction  (NSE:MEGATHERM) Effective Interest Rate on Debt % Explanation

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


Megatherm Induction Effective Interest Rate on Debt % Related Terms


Megatherm Induction Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Megatherm Induction'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.

Megatherm Induction Effective Interest Rate on Debt % Chart

Megatherm Induction Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 9.21 6.75 7.40 7.60 2.23

Megatherm Induction Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only 18.14 13.80 21.76 10.75 9.60

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

For the Specialty Industrial Machinery subindustry, Megatherm Induction'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.


Megatherm Induction Effective Interest Rate on Debt % vs Industrial Products Industry

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

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


NSE:MEGATHERM
44GF Score
Megatherm Induction Ltd NSE:MEGATHERM
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Megatherm Induction Effective Interest Rate on Debt % Calculation

Megatherm Induction'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  *  -9.142/( (326.212+494.431)/ 2 )
=-1  *  -9.142/410.3215
=2.23 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=32.49 + 293.722
=326.212

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.971 + 493.46
=494.431

Megatherm Induction'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  *  -40.576/( (351.228+494.431)/ 2 )
=-1  *  -40.576/422.8295
=9.60 %

where

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.336 + 350.892
=351.228

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=0.971 + 493.46
=494.431

* 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 9.60% mean?
Megatherm Induction (NSE:MEGATHERM) has a Effective Interest Rate on Debt % of 9.60% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Megatherm Induction and its competitors.
Is Megatherm Induction's Effective Interest Rate on Debt % too high?
Megatherm Induction's current Effective Interest Rate on Debt % is 9.60%. Overall, Megatherm Induction has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Megatherm Induction's Effective Interest Rate on Debt % compare to GEV and ETN?
Megatherm Induction's Effective Interest Rate on Debt % of 9.60% 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 Megatherm Induction and its competitors. Megatherm Induction's current Effective Interest Rate on Debt % is 9.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Megatherm Induction stock overvalued right now?
Megatherm Induction (NSE:MEGATHERM) has a current Effective Interest Rate on Debt % of 9.60%. The current Effective Interest Rate on Debt % is 9.60%. Megatherm Induction's overall GF Score™ is 44/100 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 Megatherm Induction (NSE:MEGATHERM), the current Effective Interest Rate on Debt % is 9.60% 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.

Megatherm Induction Business Description

Address Plot- L1 Block GP, Sector V, Electronics Complex, Salt lake City, Kolkata, WB, IND, 700091
Megatherm Induction Ltd is mainly involved in manufacturing and selling capital equipment such as induction melting and heating equipment, arc melting furnaces, ladle refining furnaces, continuous casting machines, and transformers. The company's products include automation, forging shop and mass heating equipment, foundry melt shop equipment, heat treatment and special applications, and pipes and tubes for heating, welding, and steel melt shop equipment. The company generates the majority of its revenue from India, with some revenue coming from international sales.
44GF Score

Get the complete analysis for NSE:MEGATHERM

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

₹218.90
Price