Permanent Magnets (NSE:PERMAGN) Effective Interest Rate on Debt %: 10.77% (As of Jun. 2026)

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NSE:PERMAGN Permanent Magnets Ltd NSE:PERMAGN
23 GF Score
Price ₹881.55
! 1 Warning Sign
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What is Permanent Magnets Effective Interest Rate on Debt %?

Permanent Magnets NSE:PERMAGN -0.07% 23 Effective Interest Rate on Debt % is 10.77% as of Jun. 2026. GuruFocus rates NSE:PERMAGN with a GF Score™ of 23/100. The stock has 1 warning sign 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. Permanent Magnets's annualized positive value of Interest Expense for the quarter that ended in Jun. 2026 was ₹95 Mil. Permanent Magnets's average total debt for the quarter that ended in Jun. 2026 was ₹880 Mil. Therefore, Permanent Magnets's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 was 10.77%.


Permanent Magnets  (NSE:PERMAGN) Effective Interest Rate on Debt % Explanation

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


Permanent Magnets Effective Interest Rate on Debt % Related Terms


Permanent Magnets Effective Interest Rate on Debt % Historical Data

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The historical data trend for Permanent Magnets'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.

Permanent Magnets Effective Interest Rate on Debt % Chart

Permanent Magnets 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 12.66 13.06 8.04 8.74 6.05

Permanent Magnets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 10.41 6.37 19.64 7.09 10.77

NSE:PERMAGN vs : Effective Interest Rate on Debt % Comparison

For the Electrical Equipment & Parts subindustry, Permanent Magnets'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.


Permanent Magnets Effective Interest Rate on Debt % vs Industrial Products Industry

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

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


NSE:PERMAGN
23GF Score
Permanent Magnets Ltd NSE:PERMAGN
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Permanent Magnets Effective Interest Rate on Debt % Calculation

Permanent Magnets'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  *  -33.8/( (238.2+879.9)/ 2 )
=-1  *  -33.8/559.05
=6.05 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=165.7 + 72.5
=238.2

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=794.7 + 85.2
=879.9

Permanent Magnets's annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2026 )+Total Debt  (Q: Jun. 2026 ))/ count )
=-1  *  -94.8/( (879.9+0)/ 1 )
=-1  *  -94.8/879.9
=10.77 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=794.7 + 85.2
=879.9

* 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 (Jun. 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 10.77% mean?
Permanent Magnets (NSE:PERMAGN) has a Effective Interest Rate on Debt % of 10.77% as of Jun. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Permanent Magnets and its competitors.
Is Permanent Magnets' Effective Interest Rate on Debt % too high?
Permanent Magnets' current Effective Interest Rate on Debt % is 10.77%. Overall, Permanent Magnets has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Permanent Magnets' Effective Interest Rate on Debt % compare to ?
Permanent Magnets' Effective Interest Rate on Debt % of 10.77% 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 Permanent Magnets and its competitors. Permanent Magnets's current Effective Interest Rate on Debt % is 10.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permanent Magnets stock overvalued right now?
Permanent Magnets (NSE:PERMAGN) has a current Effective Interest Rate on Debt % of 10.77%. The current Effective Interest Rate on Debt % is 10.77%. Permanent Magnets' overall GF Score™ is 23/100 with 1 warning sign 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 Permanent Magnets (NSE:PERMAGN), the current Effective Interest Rate on Debt % is 10.77% as of Jun. 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.

Permanent Magnets Business Description

Comparable Companies
Other Exchanges 504132:India
Address MIDC Industrial Area, Plot No. B-3, Village Mira, Mira Road (East), Thane, MH, IND, 401107
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast alloy magnets, parts, and accessories for electricity and electric vehicle parts in the world. PML also supplies Gas meter parts and accessories. The assembly includes die-cast parts, plastic parts, brass parts, bi-metal parts, stainless steel parts, and special copper alloy and nickel alloy parts. Its products are used in electronics, electricity meters, the automobile industry, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. It operates in a single segment, which is Engineering and Current Sensing applications.
23GF Score

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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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