Tega Industries (NSE:TEGA) Effective Interest Rate on Debt %: 5.11% (As of Mar. 2026)

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NSE:TEGA Tega Industries Ltd NSE:TEGA
91 GF Score
Price ₹1,579.80
GF Value ₹1,696.19
Valuation Fairly Valued
! 4 Warning Signs
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What is Tega Industries Effective Interest Rate on Debt %?

Tega Industries NSE:TEGA -0.50% 91 Effective Interest Rate on Debt % is 5.11% as of Mar. 2026. GuruFocus rates NSE:TEGA with a GF Score™ of 91/100 and a GF Value™ of ₹1,696.19 (Fairly Valued). 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. Tega Industries's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹204 Mil. Tega Industries's average total debt for the quarter that ended in Mar. 2026 was ₹3,984 Mil. Therefore, Tega Industries's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 5.11%.


Tega Industries  (NSE:TEGA) Effective Interest Rate on Debt % Explanation

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


Tega Industries Effective Interest Rate on Debt % Related Terms


Tega Industries Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Tega 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.

Tega Industries Effective Interest Rate on Debt % Chart

Tega Industries Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial 4.24 5.46 8.69 8.44 6.21

Tega 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 8.57 7.50 7.57 7.27 5.11

NSE:TEGA vs GEV, ETN, PH: Effective Interest Rate on Debt % Comparison

For the Specialty Industrial Machinery subindustry, Tega 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.


Tega Industries Effective Interest Rate on Debt % vs Industrial Products Industry

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

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


NSE:TEGA
91GF Score
Tega Industries Ltd NSE:TEGA
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tega Industries Effective Interest Rate on Debt % Calculation

Tega 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  *  -226.02/( (3296.49+3984.01)/ 2 )
=-1  *  -226.02/3640.25
=6.21 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1488.51 + 1807.98
=3296.49

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1814.6 + 2169.41
=3984.01

Tega 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  *  -203.72/( (0+3984.01)/ 1 )
=-1  *  -203.72/3984.01
=5.11 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1814.6 + 2169.41
=3984.01

* 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 5.11% mean?
Tega Industries (NSE:TEGA) has a Effective Interest Rate on Debt % of 5.11% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Tega Industries and its competitors.
Is Tega Industries' Effective Interest Rate on Debt % too high?
Tega Industries' current Effective Interest Rate on Debt % is 5.11%. Overall, Tega Industries has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tega Industries' Effective Interest Rate on Debt % compare to GEV and ETN?
Tega Industries' Effective Interest Rate on Debt % of 5.11% 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 Tega Industries and its competitors. Tega Industries's current Effective Interest Rate on Debt % is 5.11%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tega Industries stock overvalued right now?
Based on GuruFocus' analysis, Tega Industries (NSE:TEGA) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,696.19, compared to a current price of ₹1,579.80 — trading 6.9% below its estimated fair value. The current Effective Interest Rate on Debt % is 5.11%. Tega Industries' overall GF Score™ is 91/100 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 Tega Industries (NSE:TEGA), the current Effective Interest Rate on Debt % is 5.11% 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 Tega Industries (NSE:TEGA) Overvalued in 2026?

Based on GuruFocus' analysis, Tega Industries stock appears to be undervalued. The current stock price of ₹1,579.80 is trading 6.9% below its estimated GF Value™ of ₹1,696.19. GuruFocus considers Tega Industries to be Fairly Valued.

Key valuation signals for NSE:TEGA:

  • Effective Interest Rate on Debt %: 5.11%
  • GF Value™: ₹1,696.19 vs. price of ₹1,579.80 (6.9% below fair value)
  • GF Score™: 91/100 with 4 warning signs

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


Tega Industries Business Description

Other Exchanges 543413:India
Address Godrej Waterside, Tower-II, Ring Road, Office No 807, 8th Floor, Block DP-5, Salt Lake Sector V, Bidhannagar, Kolkata, WB, IND, 700 091
Tega Industries Ltd is a manufacturer of specialized consumable products for the mineral beneficiation, mining, and bulk solids handling industry. The company offers a range of specialized abrasion and wear-resistant rubber, polyurethane, steel, and ceramic-based lining components required for mining and mineral processing, screening, grinding, and material handling. It operates in India as well as outside India.
91GF Score

Get the complete analysis for NSE:TEGA

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

₹1,579.80
Price
₹1,696.19
GF Value