AVSL Industries (NSE:AVSL) Debt-to-EBITDA : 3.77 (As of Mar. 2026) — 13% Above Median

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NSE:AVSL AVSL Industries Ltd NSE:AVSL
71 GF Score
Price ₹119.70
GF Value ₹166.39
! 4 Warning Signs
View Full Analysis

What is AVSL Industries Debt-to-EBITDA?

AVSL Industries NSE:AVSL 71 Debt-to-EBITDA is 3.77 as of Mar. 2026, which is 13% above its 10-year median of 3.33. GuruFocus rates NSE:AVSL with a GF Score™ of 71/100 and a GF Value™ of ₹166.39. The stock has 4 warning signs investors should review. Among 459 Conglomerates companies, AVSL Industries ranks better than 57.08% on this metric.

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

AVSL Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹383 Mil. AVSL Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹20 Mil. AVSL Industries's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹107 Mil. AVSL Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.77.

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 AVSL Industries's Debt-to-EBITDA or its related term are showing as below:

NSE:AVSL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.58   Med: 3.33   Max: 7.74
Current: 2.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of AVSL Industries was 7.74. The lowest was 1.58. And the median was 3.33.

NSE:AVSL's Debt-to-EBITDA is ranked better than
57.08% of 459 companies
in the Conglomerates industry
Industry Median: 2.71 vs NSE:AVSL: 2.24

AVSL Industries  (NSE:AVSL) 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.


AVSL Industries Debt-to-EBITDA Related Terms


AVSL Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for AVSL Industries'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.

AVSL Industries Debt-to-EBITDA Chart

AVSL Industries 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 2.19 7.74 4.42 4.12 3.87

AVSL Industries Semi-Annual Data
Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 3.19 1.68 3.49 1.63 3.77

NSE:AVSL vs HON, MMM: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, AVSL Industries'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.


AVSL Industries Debt-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, AVSL Industries's Debt-to-EBITDA distribution charts can be found below:

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


NSE:AVSL
71GF Score
AVSL Industries Ltd NSE:AVSL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AVSL Industries Debt-to-EBITDA Calculation

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

AVSL Industries'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
=(383.445 + 19.779) / 104.232
=3.87

AVSL Industries'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
=(383.445 + 19.779) / 107.016
=3.77

* 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 two times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 3.77 mean?
AVSL Industries (NSE:AVSL) has a Debt-to-EBITDA of 3.77 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 AVSL Industries. This is 13% above median its historical median of 3.33. Over the past decade, AVSL Industries' Debt-to-EBITDA has ranged from 1.58 to 7.74. According to the industry distribution chart, AVSL Industries ranks #197 out of 459 companies in the Conglomerates industry, placing it in the top 42.9%.
Is AVSL Industries' Debt-to-EBITDA too high?
AVSL Industries' current Debt-to-EBITDA of 3.77 is 13% above median its 10-year median of 3.33. Over the past 10 years, this metric has ranged from a low of 1.58 to a high of 7.74. The Conglomerates industry median Debt-to-EBITDA is 2.71. AVSL Industries' value of 3.77 is 39.1% above this industry median. Based on the distribution chart, AVSL Industries ranks #197 out of 459 companies in the Conglomerates industry, which is above the industry midpoint. Overall, AVSL Industries has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does AVSL Industries' Debt-to-EBITDA compare to HON and MMM?
According to the Conglomerates industry distribution chart, AVSL Industries ranks #197 out of 459 companies for Debt-to-EBITDA. This puts AVSL Industries in the upper half of its industry. The industry median Debt-to-EBITDA is 2.71. AVSL Industries' value of 3.77 is 39.1% above this benchmark. Historically, AVSL Industries' own Debt-to-EBITDA has ranged from 1.58 to 7.74 over the past decade. While the company's 10-year median is 3.33 vs. the industry median of 2.71, AVSL Industries 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 Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.71, based on 459 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. AVSL Industries's current Debt-to-EBITDA of 3.77 is 39.1% 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 AVSL Industries. For the Conglomerates industry, the median Debt-to-EBITDA is 2.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVSL Industries's current Debt-to-EBITDA is 3.77, which is 13% above median its own 10-year median of 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVSL Industries stock overvalued right now?
AVSL Industries (NSE:AVSL) has a current Debt-to-EBITDA of 3.77. The stock's GF Value™ is ₹166.39, compared to a current price of ₹119.70 — trading 28.1% below its estimated fair value. The current Debt-to-EBITDA is 3.77, which is 13% above median its 10-year median of 3.33 and 39.1% above the Conglomerates industry median of 2.71. AVSL Industries' overall GF Score™ is 71/100 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 AVSL Industries (NSE:AVSL), the current Debt-to-EBITDA is 3.77 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 AVSL Industries (NSE:AVSL) Overvalued in 2026?

Based on GuruFocus' analysis, AVSL Industries stock appears to be undervalued. The current stock price of ₹119.70 is trading 28.1% below its estimated GF Value™ of ₹166.39.

Key valuation signals for NSE:AVSL:

  • Debt-to-EBITDA: 3.77 (13% above median its 10-year median of 3.33)
  • GF Value™: ₹166.39 vs. price of ₹119.70 (28.1% below fair value)
  • GF Score™: 71/100 with 4 warning signs
  • Industry Position: 39.1% above the Conglomerates median (#197 of 459)

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


AVSL Industries Business Description

Address Wazirpur District Centre, Unit No. 1001, 10th Floor, NDM-2, Netaji Subhash Place, Pitampura, Delhi, IND, 110034
AVSL Industries Ltd is engaged in the manufacturing and trading of PVC and Agriproducts. Its PVC products include PVC Compound, HDPE/LDPE Compound, PVC Filler, and HDPE/LDPE Tape, Polyester Tape and similar product, Aluminium Mylar tape, Marking tapes (used in cable wires as well as irrigation pipes) and others. The Company segment divided into three categories: Industrial Intermediate Goods - Raw Material for HT-LT Power Cable and Telecom Cables and irrigation products; Consumer Goods- Manufacturing of PVC/PP: Foam Board and Doors Frame and Others includes Agro commodities.
71GF Score

Get the complete analysis for NSE:AVSL

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

₹119.70
Price
₹166.39
GF Value