Classic Electrodes (India) (NSE:CLASSICEIL) Debt-to-EBITDA : 0.82 (As of Mar. 2026) — 77% Below Median

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NSE:CLASSICEIL Classic Electrodes (India) Ltd NSE:CLASSICEIL
15 GF Score
Price ₹57.50
! 1 Warning Sign
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What is Classic Electrodes (India) Debt-to-EBITDA?

Classic Electrodes (India) NSE:CLASSICEIL -2.71% 15 Debt-to-EBITDA is 0.82 as of Mar. 2026, which is 77% below its 10-year median of 3.59. GuruFocus rates NSE:CLASSICEIL with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 2,332 Industrial Products companies, Classic Electrodes (India) ranks better than 67.54% on this metric.

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

Classic Electrodes (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹186 Mil. Classic Electrodes (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹9 Mil. Classic Electrodes (India)'s annualized EBITDA for the quarter that ended in Mar. 2026 was ₹239 Mil. Classic Electrodes (India)'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.82.

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 Classic Electrodes (India)'s Debt-to-EBITDA or its related term are showing as below:

NSE:CLASSICEIL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.82   Med: 3.59   Max: 6.61
Current: 0.82

During the past 5 years, the highest Debt-to-EBITDA Ratio of Classic Electrodes (India) was 6.61. The lowest was 0.82. And the median was 3.59.

NSE:CLASSICEIL's Debt-to-EBITDA is ranked better than
67.54% of 2332 companies
in the Industrial Products industry
Industry Median: 1.7 vs NSE:CLASSICEIL: 0.82

Classic Electrodes (India)  (NSE:CLASSICEIL) 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.


Classic Electrodes (India) Debt-to-EBITDA Related Terms


Classic Electrodes (India) Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Classic Electrodes (India)'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.

Classic Electrodes (India) Debt-to-EBITDA Chart

Classic Electrodes (India) Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
6.61 5.15 2.03 0.00 0.82

Classic Electrodes (India) Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial N/A 0.00 0.00 1.34 0.82

NSE:CLASSICEIL vs VRT, BE: Debt-to-EBITDA Comparison

For the Electrical Equipment & Parts subindustry, Classic Electrodes (India)'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.


Classic Electrodes (India) Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Classic Electrodes (India)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Classic Electrodes (India)'s Debt-to-EBITDA falls into.


NSE:CLASSICEIL
15GF Score
Classic Electrodes (India) Ltd NSE:CLASSICEIL
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Classic Electrodes (India) Debt-to-EBITDA Calculation

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

Classic Electrodes (India)'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
=(186.123 + 8.982) / 238.207
=0.82

Classic Electrodes (India)'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
=(186.123 + 8.982) / 238.732
=0.82

* 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 0.82 mean?
Classic Electrodes (India) (NSE:CLASSICEIL) has a Debt-to-EBITDA of 0.82 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 Classic Electrodes (India). This is 77% below median its historical median of 3.59. Over the past decade, Classic Electrodes (India)'s Debt-to-EBITDA has ranged from 0.82 to 6.61. According to the industry distribution chart, Classic Electrodes (India) ranks #757 out of 2332 companies in the Industrial Products industry, placing it in the top 32.5%.
Is Classic Electrodes (India)'s Debt-to-EBITDA too high?
Classic Electrodes (India)'s current Debt-to-EBITDA of 0.82 is 77% below median its 10-year median of 3.59. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 6.61. The Industrial Products industry median Debt-to-EBITDA is 1.70. Classic Electrodes (India)'s value of 0.82 is 51.8% below this industry median. Based on the distribution chart, Classic Electrodes (India) ranks #757 out of 2332 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Classic Electrodes (India) has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Classic Electrodes (India)'s Debt-to-EBITDA compare to VRT and BE?
According to the Industrial Products industry distribution chart, Classic Electrodes (India) ranks #757 out of 2332 companies for Debt-to-EBITDA. This puts Classic Electrodes (India) in the upper half of its industry. The industry median Debt-to-EBITDA is 1.70. Classic Electrodes (India)'s value of 0.82 is 51.8% below this benchmark. Historically, Classic Electrodes (India)'s own Debt-to-EBITDA has ranged from 0.82 to 6.61 over the past decade. While the company's 10-year median is 3.59 vs. the industry median of 1.70, Classic Electrodes (India) 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,332 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. Classic Electrodes (India)'s current Debt-to-EBITDA of 0.82 is 51.8% 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 Classic Electrodes (India). For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Classic Electrodes (India)'s current Debt-to-EBITDA is 0.82, which is 77% below median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Classic Electrodes (India) stock overvalued right now?
Classic Electrodes (India) (NSE:CLASSICEIL) has a current Debt-to-EBITDA of 0.82. The current Debt-to-EBITDA is 0.82, which is 77% below median its 10-year median of 3.59 and 51.8% below the Industrial Products industry median of 1.70. Classic Electrodes (India)'s overall GF Score™ is 15/100 with 1 warning sign 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 Classic Electrodes (India) (NSE:CLASSICEIL), the current Debt-to-EBITDA is 0.82 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.

Classic Electrodes (India) Business Description

Address Plot BG-12 AA-1 B, Unit 201, 2nd Floor, Bus terminus and commercial complex, New Town, North 24 Parganas, New Town, WB, IND, 700156
Classic Electrodes (India) Ltd is engaged in the business of manufacturing welding electrodes and providing engineering solutions to customers both in domestic and international market. It provides a wide range of product offerings including General Purpose Electrodes, Low Alloy Electrodes, Low Hydrogen Electrodes, Stainless Steel Electrodes, Hard Facing Electrodes, Cast Iron Electrodes, Non-Ferrous Electrodes, Low Heat Input Electrodes, Cutting and Gauging Electrodes, Mig Wires etc. It is focused on alloy and process development, quality and design, which has allowed the company to develop products suited to its customers' requirements. It has expertise to design, develop and manufacture complex and specialized industrial equipment and components for OEM's and end user industries.
15GF Score

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

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