Neelam Linens and Garments (India) (NSE:NEELAM) Effective Interest Rate on Debt %: 8.12% (As of Mar. 2025)

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NSE:NEELAM Neelam Linens and Garments (India) Ltd NSE:NEELAM
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What is Neelam Linens and Garments (India) Effective Interest Rate on Debt %?

Neelam Linens and Garments (India) NSE:NEELAM -2.98% 13 Effective Interest Rate on Debt % is 8.12% as of Mar. 2025. GuruFocus rates NSE:NEELAM with a GF Score™ of 13/100. The stock has 6 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. Neelam Linens and Garments (India)'s annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹55 Mil. Neelam Linens and Garments (India)'s average total debt for the quarter that ended in Mar. 2025 was ₹684 Mil. Therefore, Neelam Linens and Garments (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 8.12%.


Neelam Linens and Garments (India)  (NSE:NEELAM) Effective Interest Rate on Debt % Explanation

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


Neelam Linens and Garments (India) Effective Interest Rate on Debt % Related Terms


Neelam Linens and Garments (India) Effective Interest Rate on Debt % Historical Data

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The historical data trend for Neelam Linens and Garments (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.

Neelam Linens and Garments (India) Effective Interest Rate on Debt % Chart

Neelam Linens and Garments (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
4.07 5.65 6.27 7.35 8.12

Neelam Linens and Garments (India) Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt % 4.07 5.65 6.27 7.35 8.12

NSE:NEELAM vs SN, SGI, MHK: Effective Interest Rate on Debt % Comparison

For the Furnishings, Fixtures & Appliances subindustry, Neelam Linens and Garments (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.


Neelam Linens and Garments (India) Effective Interest Rate on Debt % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Neelam Linens and Garments (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Neelam Linens and Garments (India)'s Effective Interest Rate on Debt % falls into.


NSE:NEELAM
13GF Score
Neelam Linens and Garments (India) Ltd NSE:NEELAM
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Neelam Linens and Garments (India) Effective Interest Rate on Debt % Calculation

Neelam Linens and Garments (India)'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  *  -55.497/( (696.493+671.024)/ 2 )
=-1  *  -55.497/683.7585
=8.12 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=393.843 + 302.65
=696.493

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=456.661 + 214.363
=671.024

Neelam Linens and Garments (India)'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: Mar. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -55.497/( (696.493+671.024)/ 2 )
=-1  *  -55.497/683.7585
=8.12 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=393.843 + 302.65
=696.493

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=456.661 + 214.363
=671.024

* 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 one times the annual (Mar. 2025) 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 8.12% mean?
Neelam Linens and Garments (India) (NSE:NEELAM) has a Effective Interest Rate on Debt % of 8.12% as of Mar. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Neelam Linens and Garments (India) and its competitors.
Is Neelam Linens and Garments (India)'s Effective Interest Rate on Debt % too high?
Neelam Linens and Garments (India)'s current Effective Interest Rate on Debt % is 8.12%. Overall, Neelam Linens and Garments (India) has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Neelam Linens and Garments (India)'s Effective Interest Rate on Debt % compare to SN and SGI?
Neelam Linens and Garments (India)'s Effective Interest Rate on Debt % of 8.12% can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Effective Interest Rate on Debt % depends on the Furnishings, Fixtures & Appliances 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 Neelam Linens and Garments (India) and its competitors. Neelam Linens and Garments (India)'s current Effective Interest Rate on Debt % is 8.12%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neelam Linens and Garments (India) stock overvalued right now?
Neelam Linens and Garments (India) (NSE:NEELAM) has a current Effective Interest Rate on Debt % of 8.12%. The current Effective Interest Rate on Debt % is 8.12%. Neelam Linens and Garments (India)'s overall GF Score™ is 13/100 with 6 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 Neelam Linens and Garments (India) (NSE:NEELAM), the current Effective Interest Rate on Debt % is 8.12% as of Mar. 2025. 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.

Neelam Linens and Garments (India) Business Description

Address Sitaram Jadav Marg, Delisle Road, A-1/446-447, 4th Floor, Shah & Nahar Industrial Estate, Lower Parel, Mumbai, MH, IND, 400013
Neelam Linens and Garments (India) Ltd operates as a soft home furnishing company based out of Maharashtra, India, extending its services to various clientele, including USA, Australia and Far East. The company specializes in the processing, finishing and supplying of bedsheets, Pillow cover, Duvet Cover, Towels, Rugs, Doher, Shirts & Garments predominantly for discounted retail outlets. It sources surplus or slightly imperfect fabric from the domestic market, applying value-added services such as designing, digital printing, dyeing, stitching, embroidery, and other enhancements. Its segment includes the business of Manufacturing of Bedsheets, Shirts and in the trading of Licences. The manufacturing of Bedsheets, Shirts segment derives majority of the revenue.
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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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