Shahi Shipping (BOM:526508) Debt-to-EBITDA : -3.37 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BOM:526508 Shahi Shipping Ltd BOM:526508
47 GF Score
Price ₹12.00
GF Value ₹9.32
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Shahi Shipping Debt-to-EBITDA?

Shahi Shipping BOM:526508 -1.15% 47 Debt-to-EBITDA is -3.37 as of Mar. 2026. GuruFocus rates BOM:526508 with a GF Score™ of 47/100 and a GF Value™ of ₹9.32 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 866 Transportation companies, Shahi Shipping ranks worse than 115473.33% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Shahi Shipping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹22.19 Mil. Shahi Shipping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹65.64 Mil. Shahi Shipping's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹-26.05 Mil. Shahi Shipping's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -3.37.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Shahi Shipping's Debt-to-EBITDA or its related term are showing as below:

BOM:526508' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.86   Med: 2.37   Max: 206.72
Current: -5.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shahi Shipping was 206.72. The lowest was -10.86. And the median was 2.37.

BOM:526508's Debt-to-EBITDA is ranked worse than
100% of 866 companies
in the Transportation industry
Industry Median: 2.645 vs BOM:526508: -5.71

Shahi Shipping  (BOM:526508) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Shahi Shipping Debt-to-EBITDA Related Terms


Shahi Shipping Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shahi Shipping's Debt-to-EBITDA 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.

Shahi Shipping Debt-to-EBITDA Chart

Shahi Shipping Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.86 6.28 1.55 -2.41 -10.86

Shahi Shipping Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 -0.67 0.00 -6.93 0.00 -3.37

Shahi Shipping Debt-to-EBITDA Competitor Comparison

For the Marine Shipping subindustry, Shahi Shipping's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


Shahi Shipping Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Shahi Shipping's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shahi Shipping's Debt-to-EBITDA falls into.


BOM:526508
47GF Score
Shahi Shipping Ltd BOM:526508
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shahi Shipping Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Shahi Shipping's Debt-to-EBITDA for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.186 + 65.641) / -8.089
=-10.86

Shahi Shipping's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(22.186 + 65.641) / -26.052
=-3.37

* 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 Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -3.37 mean?
Shahi Shipping (BOM:526508) has a Debt-to-EBITDA of -3.37 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Shahi Shipping. According to the industry distribution chart, Shahi Shipping ranks #999999 out of 866 companies in the Transportation industry.
Is Shahi Shipping's Debt-to-EBITDA too high?
Shahi Shipping's current Debt-to-EBITDA is -3.37. Based on the distribution chart, Shahi Shipping ranks #999999 out of 866 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Shahi Shipping has a GF Score™ of 47/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shahi Shipping's Debt-to-EBITDA compare to competitors?
According to the Transportation industry distribution chart, Shahi Shipping ranks #999999 out of 866 companies for Debt-to-EBITDA. This places Shahi Shipping in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 866 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Shahi Shipping. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shahi Shipping's current Debt-to-EBITDA is -3.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shahi Shipping stock overvalued right now?
Based on GuruFocus' analysis, Shahi Shipping (BOM:526508) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹9.32, compared to a current price of ₹12.00 — trading 28.8% above its estimated fair value. The current Debt-to-EBITDA is -3.37. Shahi Shipping's overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Shahi Shipping (BOM:526508), the current Debt-to-EBITDA is -3.37 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 Shahi Shipping (BOM:526508) Overvalued in 2026?

Based on GuruFocus' analysis, Shahi Shipping stock appears to be overvalued. The current stock price of ₹12.00 is trading 28.8% above its estimated GF Value™ of ₹9.32. GuruFocus considers Shahi Shipping to be Modestly Overvalued.

Key valuation signals for BOM:526508:

  • Debt-to-EBITDA: -3.37
  • GF Value™: ₹9.32 vs. price of ₹12.00 (28.8% above fair value)
  • GF Score™: 47/100 with 3 warning signs

No single metric tells the full story. See the BOM:526508 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shahi Shipping Business Description

Address Baroda Street, 4th Floor, 404, Abhay Steel House, Carnac bunder, Mumbai, MH, IND, 400050
Shahi Shipping Ltd is in the shipping business. It provides services in the areas of container liquid cargo lighterage operations of petroleum and chemical products, lighterage operations of bulk cargo, tug services for port-related activities, supply of bunkers to vessels, and container feeder service on Indian coasts through its fleet of vessels.
47GF Score

Get the complete analysis for BOM:526508

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹12.00
Price
₹9.32
GF Value