Parin Enterprises (NSE:PARIN) Effective Interest Rate on Debt %: 7.79% (As of Mar. 2026)

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NSE:PARIN Parin Enterprises Ltd NSE:PARIN
83 GF Score
Price ₹720.00
GF Value ₹657.71
Valuation Fairly Valued
! 7 Warning Signs
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What is Parin Enterprises Effective Interest Rate on Debt %?

Parin Enterprises NSE:PARIN +1.41% 83 Effective Interest Rate on Debt % is 7.79% as of Mar. 2026. GuruFocus rates NSE:PARIN with a GF Score™ of 83/100 and a GF Value™ of ₹657.71 (Fairly Valued). The stock has 7 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. Parin Enterprises's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹74 Mil. Parin Enterprises's average total debt for the quarter that ended in Mar. 2026 was ₹944 Mil. Therefore, Parin Enterprises's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 7.79%.


Parin Enterprises  (NSE:PARIN) Effective Interest Rate on Debt % Explanation

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


Parin Enterprises Effective Interest Rate on Debt % Related Terms


Parin Enterprises Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Parin Enterprises'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.

Parin Enterprises Effective Interest Rate on Debt % Chart

Parin Enterprises 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 8.52 7.52 8.09 7.94 7.72

Parin Enterprises Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 6.46 8.76 9.28 7.24 7.79

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

For the Furnishings, Fixtures & Appliances subindustry, Parin Enterprises'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.


Parin Enterprises Effective Interest Rate on Debt % vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Parin Enterprises's Effective Interest Rate on Debt % distribution charts can be found below:

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


NSE:PARIN
83GF Score
Parin Enterprises Ltd NSE:PARIN
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Parin Enterprises Effective Interest Rate on Debt % Calculation

Parin Enterprises'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  *  -71.602/( (946.32+909.837)/ 2 )
=-1  *  -71.602/928.0785
=7.72 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=268.102 + 678.218
=946.32

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=257.419 + 652.418
=909.837

Parin Enterprises'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  *  -73.556/( (978.297+909.837)/ 2 )
=-1  *  -73.556/944.067
=7.79 %

where

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=277.43 + 700.867
=978.297

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=257.419 + 652.418
=909.837

* 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 7.79% mean?
Parin Enterprises (NSE:PARIN) has a Effective Interest Rate on Debt % of 7.79% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Parin Enterprises and its competitors.
Is Parin Enterprises' Effective Interest Rate on Debt % too high?
Parin Enterprises' current Effective Interest Rate on Debt % is 7.79%. Overall, Parin Enterprises has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Parin Enterprises' Effective Interest Rate on Debt % compare to SN and SGI?
Parin Enterprises' Effective Interest Rate on Debt % of 7.79% 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 Parin Enterprises and its competitors. Parin Enterprises's current Effective Interest Rate on Debt % is 7.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parin Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Parin Enterprises (NSE:PARIN) is currently considered Fairly Valued. The stock's GF Value™ is ₹657.71, compared to a current price of ₹720.00 — trading 9.5% above its estimated fair value. The current Effective Interest Rate on Debt % is 7.79%. Parin Enterprises' overall GF Score™ is 83/100 with 7 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 Parin Enterprises (NSE:PARIN), the current Effective Interest Rate on Debt % is 7.79% 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 Parin Enterprises (NSE:PARIN) Overvalued in 2026?

Based on GuruFocus' analysis, Parin Enterprises stock appears to be overvalued. The current stock price of ₹720.00 is trading 9.5% above its estimated GF Value™ of ₹657.71. GuruFocus considers Parin Enterprises to be Fairly Valued.

Key valuation signals for NSE:PARIN:

  • Effective Interest Rate on Debt %: 7.79%
  • GF Value™: ₹657.71 vs. price of ₹720.00 (9.5% above fair value)
  • GF Score™: 83/100 with 7 warning signs

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


Parin Enterprises Business Description

Address Taluka Gondal , National Highway 8B, Plot No. 1, 2 & 3, Revenue Survey No. 33, Billayala village, Rajkot, GJ, IND, 360311
Parin Enterprises Ltd formerly, Parin Furniture Ltd is engaged in manufacturing furniture, fixtures & related items. The company offers home furniture, office furniture, hospital furniture, educational furniture, and Institutional furniture. It generates its revenue from the sale of furniture products and interest income. The company is based in Rajkot with its presence at Rajkot, Ahmedabad, Surat, Mumbai, Kolkata, Junagadh, Mehsana, Kodinar, and Bhubaneshwar. It is spread across a wide area and includes different units such as procurement, designing, quality control, warehousing & packaging, etc.
83GF Score

Get the complete analysis for NSE:PARIN

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

₹720.00
Price
₹657.71
GF Value