SPP Polymer (NSE:SPPPOLY) Effective Interest Rate on Debt %: 11.77% (As of Mar. 2025)

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:SPPPOLY SPP Polymer Ltd NSE:SPPPOLY
11 GF Score
Price ₹12.50
! 4 Warning Signs
View Full Analysis

What is SPP Polymer Effective Interest Rate on Debt %?

SPP Polymer NSE:SPPPOLY 11 Effective Interest Rate on Debt % is 11.77% as of Mar. 2025. GuruFocus rates NSE:SPPPOLY with a GF Score™ of 11/100. 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. SPP Polymer's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was ₹16 Mil. SPP Polymer's average total debt for the quarter that ended in Mar. 2025 was ₹133 Mil. Therefore, SPP Polymer's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 11.77%.


SPP Polymer  (NSE:SPPPOLY) Effective Interest Rate on Debt % Explanation

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


SPP Polymer Effective Interest Rate on Debt % Related Terms


SPP Polymer Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for SPP Polymer'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.

SPP Polymer Effective Interest Rate on Debt % Chart

SPP Polymer Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt %
9.47 5.95 5.45 12.42 11.77

SPP Polymer Semi-Annual Data
Mar21 Mar22 Mar23 Mar24 Mar25
Effective Interest Rate on Debt % 9.47 5.95 5.45 12.42 11.77

NSE:SPPPOLY vs SW, PKG, IP: Effective Interest Rate on Debt % Comparison

For the Packaging & Containers subindustry, SPP Polymer'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.


SPP Polymer Effective Interest Rate on Debt % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, SPP Polymer's Effective Interest Rate on Debt % distribution charts can be found below:

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


NSE:SPPPOLY
11GF Score
SPP Polymer Ltd NSE:SPPPOLY
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPP Polymer Effective Interest Rate on Debt % Calculation

SPP Polymer's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Mar. 2024 )+Total Debt  (A: Mar. 2025 ))/ count )
=-1  *  -15.711/( (189.781+77.196)/ 2 )
=-1  *  -15.711/133.4885
=11.77 %

where

Total Debt  (A: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=84.796 + 104.985
=189.781

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.614 + 74.582
=77.196

SPP Polymer's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -15.711/( (189.781+77.196)/ 2 )
=-1  *  -15.711/133.4885
=11.77 %

where

Total Debt  (Q: Mar. 2024 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=84.796 + 104.985
=189.781

Total Debt  (Q: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=2.614 + 74.582
=77.196

* 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 one times the annual (Mar. 2025) 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 11.77% mean?
SPP Polymer (NSE:SPPPOLY) has a Effective Interest Rate on Debt % of 11.77% as of Mar. 2025. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on SPP Polymer and its competitors.
Is SPP Polymer's Effective Interest Rate on Debt % too high?
SPP Polymer's current Effective Interest Rate on Debt % is 11.77%. Overall, SPP Polymer has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does SPP Polymer's Effective Interest Rate on Debt % compare to SW and PKG?
SPP Polymer's Effective Interest Rate on Debt % of 11.77% can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Effective Interest Rate on Debt % depends on the Packaging & Containers 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 SPP Polymer and its competitors. SPP Polymer's current Effective Interest Rate on Debt % is 11.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPP Polymer stock overvalued right now?
SPP Polymer (NSE:SPPPOLY) has a current Effective Interest Rate on Debt % of 11.77%. The current Effective Interest Rate on Debt % is 11.77%. SPP Polymer's overall GF Score™ is 11/100 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 SPP Polymer (NSE:SPPPOLY), the current Effective Interest Rate on Debt % is 11.77% as of Mar. 2025. 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.

SPP Polymer Business Description

Address Plot No-04, Sector-01, IIE, SIIDCUL, Pantnagar, Udhamsingh Nagar, Rudrapur, UT, IND, 263153
SPP Polymer Ltd is engaged in the business of manufacturing of HDPE/PP woven fabric & bags, non-woven fabrics & bags and PP Multifilament yarn. It offers packaging solutions to business-to-business (B2B) manufacturers catering to different industries such as cement, chemicals, food grains, sugars, polymers, agriculture, and others for the packaging of goods in big quantities.
11GF Score

Get the complete analysis for NSE:SPPPOLY

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

₹12.50
Price