V-Marc India (NSE:VMARCIND) Effective Interest Rate on Debt %: 23.78% (As of Mar. 2026)

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NSE:VMARCIND V-Marc India Ltd NSE:VMARCIND
73 GF Score
Price ₹280.00
GF Value ₹153.29
Valuation Significantly Overvalued
! 5 Warning Signs
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What is V-Marc India Effective Interest Rate on Debt %?

V-Marc India NSE:VMARCIND -0.21% 73 Effective Interest Rate on Debt % is 23.78% as of Mar. 2026. GuruFocus rates NSE:VMARCIND with a GF Score™ of 73/100 and a GF Value™ of ₹153.29 (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. V-Marc India's annualized positive value of Interest Expense for the quarter that ended in Mar. 2026 was ₹543 Mil. V-Marc India's average total debt for the quarter that ended in Mar. 2026 was ₹2,282 Mil. Therefore, V-Marc India's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2026 was 23.78%.


V-Marc India  (NSE:VMARCIND) Effective Interest Rate on Debt % Explanation

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


V-Marc India Effective Interest Rate on Debt % Related Terms


V-Marc India Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for V-Marc India'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.

V-Marc India Effective Interest Rate on Debt % Chart

V-Marc India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only 11.13 16.29 17.56 19.42 23.38

V-Marc India Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 18.04 15.99 22.14 17.51 23.78

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

For the Electrical Equipment & Parts subindustry, V-Marc India'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.


V-Marc India Effective Interest Rate on Debt % vs Industrial Products Industry

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

* The bar in red indicates where V-Marc India's Effective Interest Rate on Debt % falls into.


NSE:VMARCIND
73GF Score
V-Marc India Ltd NSE:VMARCIND
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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V-Marc India Effective Interest Rate on Debt % Calculation

V-Marc India'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  *  -454.275/( (1749.871+2136.539)/ 2 )
=-1  *  -454.275/1943.205
=23.38 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=729.137 + 1020.734
=1749.871

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1069.362 + 1067.177
=2136.539

V-Marc India'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  *  -542.762/( (2427.589+2136.539)/ 2 )
=-1  *  -542.762/2282.064
=23.78 %

where

Total Debt  (Q: Sep. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1057.758 + 1369.831
=2427.589

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=1069.362 + 1067.177
=2136.539

* 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 23.78% mean?
V-Marc India (NSE:VMARCIND) has a Effective Interest Rate on Debt % of 23.78% as of Mar. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on V-Marc India and its competitors.
Is V-Marc India's Effective Interest Rate on Debt % too high?
V-Marc India's current Effective Interest Rate on Debt % is 23.78%. Overall, V-Marc India has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does V-Marc India's Effective Interest Rate on Debt % compare to VRT and BE?
V-Marc India's Effective Interest Rate on Debt % of 23.78% 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 V-Marc India and its competitors. V-Marc India's current Effective Interest Rate on Debt % is 23.78%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V-Marc India stock overvalued right now?
Based on GuruFocus' analysis, V-Marc India (NSE:VMARCIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹153.29, compared to a current price of ₹280.00 — trading 82.7% above its estimated fair value. The current Effective Interest Rate on Debt % is 23.78%. V-Marc India's overall GF Score™ is 73/100 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 V-Marc India (NSE:VMARCIND), the current Effective Interest Rate on Debt % is 23.78% 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 V-Marc India (NSE:VMARCIND) Overvalued in 2026?

Based on GuruFocus' analysis, V-Marc India stock appears to be overvalued. The current stock price of ₹280.00 is trading 82.7% above its estimated GF Value™ of ₹153.29. GuruFocus considers V-Marc India to be Significantly Overvalued.

Key valuation signals for NSE:VMARCIND:

  • Effective Interest Rate on Debt %: 23.78%
  • GF Value™: ₹153.29 vs. price of ₹280.00 (82.7% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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


V-Marc India Business Description

Address Plot No. 3, 4, 18, 20A, Sector IIDC, SIDCUL, Haridwar, UT, IND, 249403
V-Marc India Ltd is engaged in the business of manufacturing and marketing wires and cables under the brand name of V-Marc. The company manufactures and sells a diversified range of wires and cables such as single & multistrand cables, LAN cables, coaxial cables, CCTV cables, telephone switchboard cables, power cables, core flat cables, solar cables, aerial bunched cables, and others. It is a Specialised Control and instrumentation cable company offering a wide range of cable products to multiple industries. Geographically, it operates in India.
73GF Score

Get the complete analysis for NSE:VMARCIND

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

₹280.00
Price
₹153.29
GF Value