ZF Steering Gear (India) (NSE:ZFSTEERING) Effective Interest Rate on Debt %: 7.74% (As of Jun. 2026)

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NSE:ZFSTEERING ZF Steering Gear (India) Ltd NSE:ZFSTEERING
77 GF Score
Price ₹697.85
GF Value ₹1,280.42
Valuation Significantly Undervalued
! 1 Warning Sign
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What is ZF Steering Gear (India) Effective Interest Rate on Debt %?

ZF Steering Gear (India) NSE:ZFSTEERING +0.47% 77 Effective Interest Rate on Debt % is 7.74% as of Jun. 2026. GuruFocus rates NSE:ZFSTEERING with a GF Score™ of 77/100 and a GF Value™ of ₹1,280.42 (Significantly Undervalued). The stock has 1 warning sign 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. ZF Steering Gear (India)'s annualized positive value of Interest Expense for the quarter that ended in Jun. 2026 was ₹82 Mil. ZF Steering Gear (India)'s average total debt for the quarter that ended in Jun. 2026 was ₹1,064 Mil. Therefore, ZF Steering Gear (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 was 7.74%.


ZF Steering Gear (India)  (NSE:ZFSTEERING) Effective Interest Rate on Debt % Explanation

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


ZF Steering Gear (India) Effective Interest Rate on Debt % Related Terms


ZF Steering Gear (India) Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for ZF Steering Gear (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.

ZF Steering Gear (India) Effective Interest Rate on Debt % Chart

ZF Steering Gear (India) 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 0.94 1.87 1.68 7.41 7.78

ZF Steering Gear (India) Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 8.25 6.37 7.07 8.72 7.74

NSE:ZFSTEERING vs ORLY, AZO, GPC: Effective Interest Rate on Debt % Comparison

For the Auto Parts subindustry, ZF Steering Gear (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.


ZF Steering Gear (India) Effective Interest Rate on Debt % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ZF Steering Gear (India)'s Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where ZF Steering Gear (India)'s Effective Interest Rate on Debt % falls into.


NSE:ZFSTEERING
77GF Score
ZF Steering Gear (India) Ltd NSE:ZFSTEERING
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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ZF Steering Gear (India) Effective Interest Rate on Debt % Calculation

ZF Steering Gear (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  *  -80.4/( (1003.3+1064.3)/ 2 )
=-1  *  -80.4/1033.8
=7.78 %

where

Total Debt  (A: Mar. 2025 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=433.8 + 569.5
=1003.3

Total Debt  (A: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=396.1 + 668.2
=1064.3

ZF Steering Gear (India)'s annualized Effective Interest Rate on Debt % for the quarter that ended in Jun. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Mar. 2026 )+Total Debt  (Q: Jun. 2026 ))/ count )
=-1  *  -82.4/( (1064.3+)/ 1 )
=-1  *  -82.4/1064.3
=7.74 %

where

Total Debt  (Q: Mar. 2026 )
=Long-Term Debt & Capital Lease Obligation + Short-Term Debt & Capital Lease Obligation
=396.1 + 668.2
=1064.3

* 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 (Jun. 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 7.74% mean?
ZF Steering Gear (India) (NSE:ZFSTEERING) has a Effective Interest Rate on Debt % of 7.74% as of Jun. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on ZF Steering Gear (India) and its competitors.
Is ZF Steering Gear (India)'s Effective Interest Rate on Debt % too high?
ZF Steering Gear (India)'s current Effective Interest Rate on Debt % is 7.74%. Overall, ZF Steering Gear (India) has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZF Steering Gear (India)'s Effective Interest Rate on Debt % compare to ORLY and AZO?
ZF Steering Gear (India)'s Effective Interest Rate on Debt % of 7.74% can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Effective Interest Rate on Debt % depends on the Vehicles & Parts 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 ZF Steering Gear (India) and its competitors. ZF Steering Gear (India)'s current Effective Interest Rate on Debt % is 7.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZF Steering Gear (India) stock overvalued right now?
Based on GuruFocus' analysis, ZF Steering Gear (India) (NSE:ZFSTEERING) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,280.42, compared to a current price of ₹697.85 — trading 45.5% below its estimated fair value. The current Effective Interest Rate on Debt % is 7.74%. ZF Steering Gear (India)'s overall GF Score™ is 77/100 with 1 warning sign 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 ZF Steering Gear (India) (NSE:ZFSTEERING), the current Effective Interest Rate on Debt % is 7.74% as of Jun. 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 ZF Steering Gear (India) (NSE:ZFSTEERING) Overvalued in 2026?

Based on GuruFocus' analysis, ZF Steering Gear (India) stock appears to be undervalued. The current stock price of ₹697.85 is trading 45.5% below its estimated GF Value™ of ₹1,280.42. GuruFocus considers ZF Steering Gear (India) to be Significantly Undervalued.

Key valuation signals for NSE:ZFSTEERING:

  • Effective Interest Rate on Debt %: 7.74%
  • GF Value™: ₹1,280.42 vs. price of ₹697.85 (45.5% below fair value)
  • GF Score™: 77/100 with 1 warning sign

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


ZF Steering Gear (India) Business Description

Other Exchanges 505163:India
Address Gat No. 1242 and 1244, Village Vadu Budruk, Near Koregaon Bhima, Taluka - Shirur, Pune, MH, IND, 412 216
ZF Steering Gear (India) Ltd produces and assembles steering systems for vehicles, buses, and tractors. The segment in which the group operates includes Auto Component and Renewable Energy. The company's product range includes steering systems, vane pumps, pump pulleys, oil reservoirs, steering and pump mounting brackets, steering columns, intermediate shafts, universal joints, bevel gears boxes, and power steering oil dexron II. ZF Steering operates its business activity through the plant located in Vadu Budruk, Pune. The company generates the majority of its revenue from the Auto component, which is engaged in the manufacturing of auto components.
77GF Score

Get the complete analysis for NSE:ZFSTEERING

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

₹697.85
Price
₹1,280.42
GF Value