Akash Infra Projects (NSE:AKASH) Debt-to-EBITDA : 6.90 (As of Mar. 2026) — 76% Above Median

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NSE:AKASH Akash Infra Projects Ltd NSE:AKASH
66 GF Score
Price ₹24.60
GF Value ₹43.80
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Akash Infra Projects Debt-to-EBITDA?

Akash Infra Projects NSE:AKASH -6.21% 66 Debt-to-EBITDA is 6.90 as of Mar. 2026, which is 76% above its 10-year median of 3.91. GuruFocus rates NSE:AKASH with a GF Score™ of 66/100 and a GF Value™ of ₹43.80 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,410 Construction companies, Akash Infra Projects ranks worse than 91.63% on this metric.

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

Akash Infra Projects's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹911.0 Mil. Akash Infra Projects's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹12.2 Mil. Akash Infra Projects's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹133.8 Mil. Akash Infra Projects's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 6.90.

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 Akash Infra Projects's Debt-to-EBITDA or its related term are showing as below:

NSE:AKASH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.62   Med: 3.91   Max: 17.51
Current: 12.31

During the past 13 years, the highest Debt-to-EBITDA Ratio of Akash Infra Projects was 17.51. The lowest was 0.62. And the median was 3.91.

NSE:AKASH's Debt-to-EBITDA is ranked worse than
91.63% of 1410 companies
in the Construction industry
Industry Median: 2.1 vs NSE:AKASH: 12.31

Akash Infra Projects  (NSE:AKASH) 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.


Akash Infra Projects Debt-to-EBITDA Related Terms


Akash Infra Projects Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Akash Infra Projects'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.

Akash Infra Projects Debt-to-EBITDA Chart

Akash Infra Projects 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 3.59 8.93 17.51 12.48 12.31

Akash Infra Projects 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 4.70 0.00 45.67 0.00 6.90

NSE:AKASH vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Akash Infra Projects'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.


Akash Infra Projects Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Akash Infra Projects's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Akash Infra Projects's Debt-to-EBITDA falls into.


NSE:AKASH
66GF Score
Akash Infra Projects Ltd NSE:AKASH
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akash Infra Projects Debt-to-EBITDA Calculation

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

Akash Infra Projects'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
=(911.006 + 12.197) / 74.984
=12.31

Akash Infra Projects'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
=(911.006 + 12.197) / 133.836
=6.90

* 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 6.90 mean?
Akash Infra Projects (NSE:AKASH) has a Debt-to-EBITDA of 6.90 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 Akash Infra Projects. This is 76% above median its historical median of 3.91. Over the past decade, Akash Infra Projects' Debt-to-EBITDA has ranged from 0.62 to 17.51. According to the industry distribution chart, Akash Infra Projects ranks #1292 out of 1410 companies in the Construction industry, placing it in the top 91.6%.
Is Akash Infra Projects' Debt-to-EBITDA too high?
Akash Infra Projects' current Debt-to-EBITDA of 6.90 is 76% above median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 17.51. The Construction industry median Debt-to-EBITDA is 2.10. Akash Infra Projects' value of 6.90 is 228.6% above this industry median. Based on the distribution chart, Akash Infra Projects ranks #1292 out of 1410 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Akash Infra Projects has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Akash Infra Projects' Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Akash Infra Projects ranks #1292 out of 1410 companies for Debt-to-EBITDA. This places Akash Infra Projects in the lower half of its industry. The industry median Debt-to-EBITDA is 2.10. Akash Infra Projects' value of 6.90 is 228.6% above this benchmark. Historically, Akash Infra Projects' own Debt-to-EBITDA has ranged from 0.62 to 17.51 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 2.10, Akash Infra Projects has consistently been above 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.10, based on 1,410 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. Akash Infra Projects's current Debt-to-EBITDA of 6.90 is 228.6% above 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 Akash Infra Projects. For the Construction industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akash Infra Projects's current Debt-to-EBITDA is 6.90, which is 76% above median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akash Infra Projects stock overvalued right now?
Based on GuruFocus' analysis, Akash Infra Projects (NSE:AKASH) is currently considered Possible Value Trap. The stock's GF Value™ is ₹43.80, compared to a current price of ₹24.60 — trading 43.8% below its estimated fair value. The current Debt-to-EBITDA is 6.90, which is 76% above median its 10-year median of 3.91 and 228.6% above the Construction industry median of 2.10. Akash Infra Projects' overall GF Score™ is 66/100 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 Akash Infra Projects (NSE:AKASH), the current Debt-to-EBITDA is 6.90 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 Akash Infra Projects (NSE:AKASH) Overvalued in 2026?

Based on GuruFocus' analysis, Akash Infra Projects stock appears to be undervalued. The current stock price of ₹24.60 is trading 43.8% below its estimated GF Value™ of ₹43.80. GuruFocus considers Akash Infra Projects to be Possible Value Trap.

Key valuation signals for NSE:AKASH:

  • Debt-to-EBITDA: 6.90 (76% above median its 10-year median of 3.91)
  • GF Value™: ₹43.80 vs. price of ₹24.60 (43.8% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 228.6% above the Construction median (#1292 of 1410)

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


Akash Infra Projects Business Description

Address 2, Ground Floor, Abhishek Complex, Opposite Hotel Haveli, Sector No. 11, Gandhinagar, GJ, IND, 382011
Akash Infra Projects Ltd is engaged in the civil construction of government contracts for construction, resurfacing, widening, and repairs of roads and small bridges from State Government Departments and municipal/local bodies through a tender bidding system. The group derives all of its revenue from India.
66GF Score

Get the complete analysis for NSE:AKASH

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

₹24.60
Price
₹43.80
GF Value