Thakkers Developers (BOM:526654) Debt-to-EBITDA : 0.37 (As of Jun. 2026) — 79% Below Median

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BOM:526654 Thakkers Developers Ltd BOM:526654
69 GF Score
Price ₹145.00
GF Value ₹215.66
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Thakkers Developers Debt-to-EBITDA?

Thakkers Developers BOM:526654 -5.14% 69 Debt-to-EBITDA is 0.37 as of Jun. 2026, which is 79% below its 10-year median of 1.75. GuruFocus rates BOM:526654 with a GF Score™ of 69/100 and a GF Value™ of ₹215.66 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,275 Real Estate companies, Thakkers Developers ranks better than 85.8% on this metric.

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

Thakkers Developers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹35.6 Mil. Thakkers Developers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹120.8 Mil. Thakkers Developers's annualized EBITDA for the quarter that ended in Jun. 2026 was ₹421.2 Mil. Thakkers Developers's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.37.

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 Thakkers Developers's Debt-to-EBITDA or its related term are showing as below:

BOM:526654' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.18   Med: 1.75   Max: 16.32
Current: 0.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thakkers Developers was 16.32. The lowest was 0.18. And the median was 1.75.

BOM:526654's Debt-to-EBITDA is ranked better than
85.8% of 1275 companies
in the Real Estate industry
Industry Median: 5.49 vs BOM:526654: 0.86

Thakkers Developers  (BOM:526654) 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.


Thakkers Developers Debt-to-EBITDA Related Terms


Thakkers Developers Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thakkers Developers'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.

Thakkers Developers Debt-to-EBITDA Chart

Thakkers Developers 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 0.42 1.03 16.32 1.74 1.76

Thakkers Developers Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.30 2.97 0.74 6.80 0.37

Thakkers Developers Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Thakkers Developers'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.


Thakkers Developers Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Thakkers Developers's Debt-to-EBITDA distribution charts can be found below:

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


BOM:526654
69GF Score
Thakkers Developers Ltd BOM:526654
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thakkers Developers Debt-to-EBITDA Calculation

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

Thakkers Developers'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
=(22.064 + 148.766) / 97.304
=1.76

Thakkers Developers's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(35.615 + 120.783) / 421.204
=0.37

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.37 mean?
Thakkers Developers (BOM:526654) has a Debt-to-EBITDA of 0.37 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Thakkers Developers. This is 79% below median its historical median of 1.75. Over the past decade, Thakkers Developers' Debt-to-EBITDA has ranged from 0.18 to 16.32. According to the industry distribution chart, Thakkers Developers ranks #181 out of 1275 companies in the Real Estate industry, placing it in the top 14.2%.
Is Thakkers Developers' Debt-to-EBITDA too high?
Thakkers Developers' current Debt-to-EBITDA of 0.37 is 79% below median its 10-year median of 1.75. Over the past 10 years, this metric has ranged from a low of 0.18 to a high of 16.32. The Real Estate industry median Debt-to-EBITDA is 5.49. Thakkers Developers' value of 0.37 is 93.3% below this industry median. Based on the distribution chart, Thakkers Developers ranks #181 out of 1275 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Thakkers Developers has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thakkers Developers' Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Thakkers Developers ranks #181 out of 1275 companies for Debt-to-EBITDA. This places Thakkers Developers in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 5.49. Thakkers Developers' value of 0.37 is 93.3% below this benchmark. Historically, Thakkers Developers' own Debt-to-EBITDA has ranged from 0.18 to 16.32 over the past decade. While the company's 10-year median is 1.75 vs. the industry median of 5.49, Thakkers Developers has consistently been below the industry average. 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.49, based on 1,275 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. Thakkers Developers's current Debt-to-EBITDA of 0.37 is 93.3% below the industry median. 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 Thakkers Developers. For the Real Estate industry, the median Debt-to-EBITDA is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thakkers Developers's current Debt-to-EBITDA is 0.37, which is 79% below median its own 10-year median of 1.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thakkers Developers stock overvalued right now?
Based on GuruFocus' analysis, Thakkers Developers (BOM:526654) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹215.66, compared to a current price of ₹145.00 — trading 32.8% below its estimated fair value. The current Debt-to-EBITDA is 0.37, which is 79% below median its 10-year median of 1.75 and 93.3% below the Real Estate industry median of 5.49. Thakkers Developers' overall GF Score™ is 69/100 with 4 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 Thakkers Developers (BOM:526654), the current Debt-to-EBITDA is 0.37 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 Thakkers Developers (BOM:526654) Overvalued in 2026?

Based on GuruFocus' analysis, Thakkers Developers stock appears to be undervalued. The current stock price of ₹145.00 is trading 32.8% below its estimated GF Value™ of ₹215.66. GuruFocus considers Thakkers Developers to be Significantly Undervalued.

Key valuation signals for BOM:526654:

  • Debt-to-EBITDA: 0.37 (79% below median its 10-year median of 1.75)
  • GF Value™: ₹215.66 vs. price of ₹145.00 (32.8% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 93.3% below the Real Estate median (#181 of 1275)

No single metric tells the full story. See the BOM:526654 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thakkers Developers Business Description

Other Exchanges THAKDEV:India
Address Modi Street, 37/39, Kantol Niwas, Fort, Mumbai, MH, IND, 400 001
Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo Park, Purab Pashchim Plaza, and Thakkers Majesty are a few of the company's projects. It generates key revenue from the Construction and Contract Related Activity.
69GF Score

Get the complete analysis for BOM:526654

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

₹145.00
Price
₹215.66
GF Value