Refex Industries (NSE:REFEX) Effective Interest Rate on Debt %: 18.04% (As of Mar. 2026)


NSE:REFEX Refex Industries Ltd NSE:REFEX
85 GF Score
Price ₹364.45
GF Value ₹293.21
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Refex Industries Effective Interest Rate on Debt %?

Refex Industries NSE:REFEX +1.99% 85 Effective Interest Rate on Debt % is 18.04% as of Mar. 2026. GuruFocus rates NSE:REFEX with a GF Score™ of 85/100 and a GF Value™ of ₹293.21 (Modestly Overvalued). 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. Refex Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹406 Mil. Refex Industries's average total debt for the quarter that ended in Mar. 2026 was ₹2,250 Mil. Therefore, Refex Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 18.04%.


Refex Industries  (NSE:REFEX) Effective Interest Rate on Debt % Explanation

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


Refex Industries Effective Interest Rate on Debt % Related Terms


Refex Industries Effective Interest Rate on Debt % Historical Data

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The historical data trend for Refex 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.

Refex Industries Effective Interest Rate on Debt % Chart

Refex Industries 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 11.60 7.88 9.45 7.09 12.55

Refex Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 7.21 13.88 15.19 20.99 18.04

Refex Industries Effective Interest Rate on Debt % Competitor Comparison

For the Thermal Coal subindustry, Refex 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.


Refex Industries Effective Interest Rate on Debt % vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Refex Industries's Effective Interest Rate on Debt % distribution charts can be found below:

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


NSE:REFEX
85GF Score
Refex Industries Ltd NSE:REFEX
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Refex Industries Effective Interest Rate on Debt % Calculation

Refex 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  *  -320.753/( (2860.608+2250.443)/ 2 )
=-1  *  -320.753/2555.5255
=12.55 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1883.972 + 976.636
=2860.608

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=840.609 + 1409.834
=2250.443

Refex 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: Dec. 2025 )+Total Debt  (Q: Mar. 2026 ))/ count )
=-1  *  -405.976/( (0+2250.443)/ 1 )
=-1  *  -405.976/2250.443
=18.04 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=840.609 + 1409.834
=2250.443

* 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 (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 18.04% mean?
Refex Industries (NSE:REFEX) has a Effective Interest Rate on Debt % of 18.04% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Refex Industries and its competitors.
Is Refex Industries' Effective Interest Rate on Debt % too high?
Refex Industries' current Effective Interest Rate on Debt % is 18.04%. Overall, Refex Industries has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Refex Industries' Effective Interest Rate on Debt % compare to competitors?
Refex Industries' Effective Interest Rate on Debt % of 18.04% can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Effective Interest Rate on Debt % depends on the Other Energy Sources 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 Refex Industries and its competitors. Refex Industries's current Effective Interest Rate on Debt % is 18.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refex Industries stock overvalued right now?
Based on GuruFocus' analysis, Refex Industries (NSE:REFEX) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹293.21, compared to a current price of ₹364.45 — trading 24.3% above its estimated fair value. The current Effective Interest Rate on Debt % is 18.04%. Refex Industries' overall GF Score™ is 85/100 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 Refex Industries (NSE:REFEX), the current Effective Interest Rate on Debt % is 18.04% 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 Refex Industries (NSE:REFEX) Overvalued in 2026?

Based on GuruFocus' analysis, Refex Industries stock appears to be overvalued. The current stock price of ₹364.45 is trading 24.3% above its estimated GF Value™ of ₹293.21. GuruFocus considers Refex Industries to be Modestly Overvalued.

Key valuation signals for NSE:REFEX:

  • Effective Interest Rate on Debt %: 18.04%
  • GF Value™: ₹293.21 vs. price of ₹364.45 (24.3% above fair value)
  • GF Score™: 85/100 with 6 warning signs

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


Refex Industries Business Description

Other Exchanges 532884:India
Address Refex Building, 67, Bazullah Road, Parthasarathy Puram, T Nagar, Chennai, TN, IND, 600017
Refex Industries Ltd is a manufacturer and refiller of refrigerant gases. The company's operating segment includes Coal & Ash Handling Business, Solar Power - Generation and Related Activities, Refrigerant Gas- (Refilling) and Sales, Sale Of Services, Power Trading, and Others. Geographically, the business activities are operated throughout the region of India.
85GF 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.

₹364.45
Price
₹293.21
GF Value