SPML Infra (NSE:SPMLINFRA) Effective Interest Rate on Debt %: 1.89% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SPMLINFRA SPML Infra Ltd NSE:SPMLINFRA
55 GF Score
Price ₹197.00
GF Value ₹110.53
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is SPML Infra Effective Interest Rate on Debt %?

SPML Infra NSE:SPMLINFRA +3.38% 55 Effective Interest Rate on Debt % is 1.89% as of Mar. 2026. GuruFocus rates NSE:SPMLINFRA with a GF Score™ of 55/100 and a GF Value™ of ₹110.53 (Significantly Overvalued). The stock has 5 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. SPML Infra's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹68 Mil. SPML Infra's average total debt for the quarter that ended in Mar. 2026 was ₹3,581 Mil. Therefore, SPML Infra's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 1.89%.


SPML Infra  (NSE:SPMLINFRA) Effective Interest Rate on Debt % Explanation

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


SPML Infra Effective Interest Rate on Debt % Related Terms


SPML Infra Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for SPML Infra'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.

SPML Infra Effective Interest Rate on Debt % Chart

SPML Infra 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 1.18 2.82 4.44 0.62 1.80

SPML Infra 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 0.86 7.01 10.34 15.99 1.89

NSE:SPMLINFRA vs PWR, FIX, EME: Effective Interest Rate on Debt % Comparison

For the Engineering & Construction subindustry, SPML Infra'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.


SPML Infra Effective Interest Rate on Debt % vs Construction Industry

For the Construction industry and Industrials sector, SPML Infra's Effective Interest Rate on Debt % distribution charts can be found below:

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


NSE:SPMLINFRA
55GF Score
SPML Infra Ltd NSE:SPMLINFRA
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPML Infra Effective Interest Rate on Debt % Calculation

SPML Infra'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  *  -79.241/( (5244.67+3580.687)/ 2 )
=-1  *  -79.241/4412.6785
=1.80 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=4579.144 + 665.526
=5244.67

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3161.07 + 419.617
=3580.687

SPML Infra'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  *  -67.616/( (0+3580.687)/ 1 )
=-1  *  -67.616/3580.687
=1.89 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=3161.07 + 419.617
=3580.687

* 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 1.89% mean?
SPML Infra (NSE:SPMLINFRA) has a Effective Interest Rate on Debt % of 1.89% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SPML Infra and its competitors.
Is SPML Infra's Effective Interest Rate on Debt % too high?
SPML Infra's current Effective Interest Rate on Debt % is 1.89%. Overall, SPML Infra has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SPML Infra's Effective Interest Rate on Debt % compare to PWR and FIX?
SPML Infra's Effective Interest Rate on Debt % of 1.89% can be compared against companies in the Construction 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 Construction company?
A good Effective Interest Rate on Debt % depends on the Construction 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 SPML Infra and its competitors. SPML Infra's current Effective Interest Rate on Debt % is 1.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPML Infra stock overvalued right now?
Based on GuruFocus' analysis, SPML Infra (NSE:SPMLINFRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹110.53, compared to a current price of ₹197.00 — trading 78.2% above its estimated fair value. The current Effective Interest Rate on Debt % is 1.89%. SPML Infra's overall GF Score™ is 55/100 with 5 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 SPML Infra (NSE:SPMLINFRA), the current Effective Interest Rate on Debt % is 1.89% 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 SPML Infra (NSE:SPMLINFRA) Overvalued in 2026?

Based on GuruFocus' analysis, SPML Infra stock appears to be overvalued. The current stock price of ₹197.00 is trading 78.2% above its estimated GF Value™ of ₹110.53. GuruFocus considers SPML Infra to be Significantly Overvalued.

Key valuation signals for NSE:SPMLINFRA:

  • Effective Interest Rate on Debt %: 1.89%
  • GF Value™: ₹110.53 vs. price of ₹197.00 (78.2% above fair value)
  • GF Score™: 55/100 with 5 warning signs

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


SPML Infra Business Description

Other Exchanges 500402:India
Address 22, Camac Street, Block A, 3rd Floor, Kolkata, WB, IND, 700016
SPML Infra Ltd is an Indian-based infrastructure development company. It is engaged in providing infrastructure solutions for water management, water infrastructure development, wastewater treatment, power generation, transmission and distribution, solid waste management, and other civil infrastructures. The company's operating segment includes Construction, Hydro Power Generation, Waste Management, and Others. Geographically, it operates only in India.
55GF Score

Get the complete analysis for NSE:SPMLINFRA

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

₹197.00
Price
₹110.53
GF Value