Debt Capital refers to the funds borrowed by the company, with an obligation to repay the same within the agreed period with interest, of course. It can be in the form of debentures, loans from banks and financial institutions, fixed deposits etc. The parties providing the money are not shareholders/owners, but are mere creditors/lenders.
As per Schedule VI of the Companies Act, you'll have to show them in the balance sheet on the Liabilities side as:-
1. Secured Loans 2. Unsecured Loans.
I have also checked result for one of the listed company and debt capital refers to Secured as well as unsecured Loans....
CAclubindia
