Prime Cable Industries (NSE:PRIMECAB) Effective Interest Rate on Debt %: 9.30% (As of Mar. 2026)

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NSE:PRIMECAB Prime Cable Industries Ltd NSE:PRIMECAB
14 GF Score
Price ₹179.55
! 4 Warning Signs
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What is Prime Cable Industries Effective Interest Rate on Debt %?

Prime Cable Industries NSE:PRIMECAB -5.00% 14 Effective Interest Rate on Debt % is 9.30% as of Mar. 2026. GuruFocus rates NSE:PRIMECAB with a GF Score™ of 14/100. The stock has 4 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. Prime Cable Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹45 Mil. Prime Cable Industries's average total debt for the quarter that ended in Mar. 2026 was ₹484 Mil. Therefore, Prime Cable Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 9.30%.


Prime Cable Industries  (NSE:PRIMECAB) Effective Interest Rate on Debt % Explanation

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


Prime Cable Industries Effective Interest Rate on Debt % Related Terms


Prime Cable Industries Effective Interest Rate on Debt % Historical Data

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The historical data trend for Prime Cable Industries'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.

Prime Cable Industries Effective Interest Rate on Debt % Chart

Prime Cable Industries Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
6.54 9.33 9.57 10.56 9.96

Prime Cable Industries Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Effective Interest Rate on Debt % Get a 7-Day Free Trial 0.00 10.36 10.72 10.63 9.30

NSE:PRIMECAB vs VRT, BE: Effective Interest Rate on Debt % Comparison

For the Electrical Equipment & Parts subindustry, Prime Cable Industries'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.


Prime Cable Industries Effective Interest Rate on Debt % vs Industrial Products Industry

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

* The bar in red indicates where Prime Cable Industries's Effective Interest Rate on Debt % falls into.


NSE:PRIMECAB
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Prime Cable Industries Ltd NSE:PRIMECAB
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Prime Cable Industries Effective Interest Rate on Debt % Calculation

Prime Cable Industries'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  *  -44.796/( (384.282+515.494)/ 2 )
=-1  *  -44.796/449.888
=9.96 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=141.545 + 242.737
=384.282

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=105.592 + 409.902
=515.494

Prime Cable Industries'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  *  -45.064/( (453.497+515.494)/ 2 )
=-1  *  -45.064/484.4955
=9.30 %

where

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=133.104 + 320.393
=453.497

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=105.592 + 409.902
=515.494

* 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 9.30% mean?
Prime Cable Industries (NSE:PRIMECAB) has a Effective Interest Rate on Debt % of 9.30% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Prime Cable Industries and its competitors.
Is Prime Cable Industries' Effective Interest Rate on Debt % too high?
Prime Cable Industries' current Effective Interest Rate on Debt % is 9.30%. Overall, Prime Cable Industries has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Prime Cable Industries' Effective Interest Rate on Debt % compare to VRT and BE?
Prime Cable Industries' Effective Interest Rate on Debt % of 9.30% 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 Prime Cable Industries and its competitors. Prime Cable Industries's current Effective Interest Rate on Debt % is 9.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Cable Industries stock overvalued right now?
Prime Cable Industries (NSE:PRIMECAB) has a current Effective Interest Rate on Debt % of 9.30%. The current Effective Interest Rate on Debt % is 9.30%. Prime Cable Industries' overall GF Score™ is 14/100 with 4 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 Prime Cable Industries (NSE:PRIMECAB), the current Effective Interest Rate on Debt % is 9.30% 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.

Prime Cable Industries Business Description

Address KD Block Pitampura, Flat No 249 Ground Floor, Rani Bagh, North, West Delhi, Delhi, IND, 110034
Prime Cable Industries Ltd is engaged in the manufacturing and sale of cables and wires. The company manufactures low voltage control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires and conductors catering to several institutions which includes EPC players, electricity boards, public sector undertakings responsible for generation, transmission and distribution of power (transmission, distribution and generation), oil & gas, mining, steel, real estate, electric panel builders, etc.
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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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