Chaman Metallics (NSE:CMNL) Debt-to-EBITDA : 8.42 (As of Mar. 2026) — 31% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:CMNL Chaman Metallics Ltd NSE:CMNL
61 GF Score
Price ₹121.95
GF Value ₹355.20
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Chaman Metallics Debt-to-EBITDA?

Chaman Metallics NSE:CMNL +4.35% 61 Debt-to-EBITDA is 8.42 as of Mar. 2026, which is 31% above its 10-year median of 6.44. GuruFocus rates NSE:CMNL with a GF Score™ of 61/100 and a GF Value™ of ₹355.20 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 499 Steel companies, Chaman Metallics ranks worse than 90.98% on this metric.

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

Chaman Metallics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹920 Mil. Chaman Metallics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹3,484 Mil. Chaman Metallics's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹523 Mil. Chaman Metallics's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 8.41.

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 Chaman Metallics's Debt-to-EBITDA or its related term are showing as below:

NSE:CMNL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.8   Med: 6.44   Max: 57.73
Current: 16.83

During the past 7 years, the highest Debt-to-EBITDA Ratio of Chaman Metallics was 57.73. The lowest was 0.80. And the median was 6.44.

NSE:CMNL's Debt-to-EBITDA is ranked worse than
90.98% of 499 companies
in the Steel industry
Industry Median: 2.81 vs NSE:CMNL: 16.83

Chaman Metallics  (NSE:CMNL) 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.


Chaman Metallics Debt-to-EBITDA Related Terms


Chaman Metallics Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Chaman Metallics'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.

Chaman Metallics Debt-to-EBITDA Chart

Chaman Metallics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial 1.60 0.80 6.44 20.86 11.42

Chaman Metallics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial 0.76 0.66 N/A 27.58 8.42

NSE:CMNL vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Chaman Metallics'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.


Chaman Metallics Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Chaman Metallics's Debt-to-EBITDA distribution charts can be found below:

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


NSE:CMNL
61GF Score
Chaman Metallics Ltd NSE:CMNL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chaman Metallics Debt-to-EBITDA Calculation

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

Chaman Metallics'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
=(920.088 + 3484.495) / 385.675
=11.42

Chaman Metallics'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
=(920.088 + 3484.495) / 523.428
=8.41

* 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 8.42 mean?
Chaman Metallics (NSE:CMNL) has a Debt-to-EBITDA of 8.42 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 Chaman Metallics. This is 31% above median its historical median of 6.44. Over the past decade, Chaman Metallics' Debt-to-EBITDA has ranged from 0.80 to 57.73. According to the industry distribution chart, Chaman Metallics ranks #454 out of 499 companies in the Steel industry, placing it in the top 91%.
Is Chaman Metallics' Debt-to-EBITDA too high?
Chaman Metallics' current Debt-to-EBITDA of 8.42 is 31% above median its 10-year median of 6.44. Over the past 10 years, this metric has ranged from a low of 0.80 to a high of 57.73. The Steel industry median Debt-to-EBITDA is 2.81. Chaman Metallics' value of 8.42 is 199.6% above this industry median. Based on the distribution chart, Chaman Metallics ranks #454 out of 499 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Chaman Metallics has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Chaman Metallics' Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Chaman Metallics ranks #454 out of 499 companies for Debt-to-EBITDA. This places Chaman Metallics in the lower half of its industry. The industry median Debt-to-EBITDA is 2.81. Chaman Metallics' value of 8.42 is 199.6% above this benchmark. Historically, Chaman Metallics' own Debt-to-EBITDA has ranged from 0.80 to 57.73 over the past decade. While the company's 10-year median is 6.44 vs. the industry median of 2.81, Chaman Metallics 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.81, based on 499 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. Chaman Metallics's current Debt-to-EBITDA of 8.42 is 199.6% 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 Chaman Metallics. For the Steel industry, the median Debt-to-EBITDA is 2.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chaman Metallics's current Debt-to-EBITDA is 8.42, which is 31% above median its own 10-year median of 6.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chaman Metallics stock overvalued right now?
Based on GuruFocus' analysis, Chaman Metallics (NSE:CMNL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹355.20, compared to a current price of ₹121.95 — trading 65.7% below its estimated fair value. The current Debt-to-EBITDA is 8.42, which is 31% above median its 10-year median of 6.44 and 199.6% above the Steel industry median of 2.81. Chaman Metallics' overall GF Score™ is 61/100 with 8 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 Chaman Metallics (NSE:CMNL), the current Debt-to-EBITDA is 8.42 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 Chaman Metallics (NSE:CMNL) Overvalued in 2026?

Based on GuruFocus' analysis, Chaman Metallics stock appears to be undervalued. The current stock price of ₹121.95 is trading 65.7% below its estimated GF Value™ of ₹355.20. GuruFocus considers Chaman Metallics to be Possible Value Trap.

Key valuation signals for NSE:CMNL:

  • Debt-to-EBITDA: 8.42 (31% above median its 10-year median of 6.44)
  • GF Value™: ₹355.20 vs. price of ₹121.95 (65.7% below fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 199.6% above the Steel median (#454 of 499)

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


Chaman Metallics Business Description

Address Samta Colony, Agrawal Complex, Opp. Pandey Nursing Home, Raipur, CT, IND, 492001
Chaman Metallics Ltd is engaged in the business of selling Iron and Steel. The company is engaged in manufacturing and selling Direct Reduced Iron (i.e., sponge iron), which is used as a raw material for making steel in electric arc furnaces and induction furnaces.
61GF Score

Get the complete analysis for NSE:CMNL

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

₹121.95
Price
₹355.20
GF Value