Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) Debt-to-EBITDA : 2.21 (As of Mar. 2026) — 22% Below Median

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NSE:DALMIASUG Dalmia Bharat Sugar and Industries Ltd NSE:DALMIASUG
73 GF Score
Price ₹350.90
GF Value ₹418.17
Valuation Modestly Undervalued
! 10 Warning Signs
View Full Analysis

What is Dalmia Bharat Sugar and Industries Debt-to-EBITDA?

Dalmia Bharat Sugar and Industries NSE:DALMIASUG -0.52% 73 Debt-to-EBITDA is 2.21 as of Mar. 2026, which is 22% below its 10-year median of 2.84. GuruFocus rates NSE:DALMIASUG with a GF Score™ of 73/100 and a GF Value™ of ₹418.17 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 1,553 Consumer Packaged Goods companies, Dalmia Bharat Sugar and Industries ranks worse than 66.77% on this metric.

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

Dalmia Bharat Sugar and Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹12,802 Mil. Dalmia Bharat Sugar and Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹5,230 Mil. Dalmia Bharat Sugar and Industries's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹8,179 Mil. Dalmia Bharat Sugar and Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.20.

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 Dalmia Bharat Sugar and Industries's Debt-to-EBITDA or its related term are showing as below:

NSE:DALMIASUG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.89   Med: 2.84   Max: 3.48
Current: 3.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dalmia Bharat Sugar and Industries was 3.48. The lowest was 0.89. And the median was 2.84.

NSE:DALMIASUG's Debt-to-EBITDA is ranked worse than
66.77% of 1553 companies
in the Consumer Packaged Goods industry
Industry Median: 2.07 vs NSE:DALMIASUG: 3.48

Dalmia Bharat Sugar and Industries  (NSE:DALMIASUG) 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.


Dalmia Bharat Sugar and Industries Debt-to-EBITDA Related Terms


Dalmia Bharat Sugar and Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Dalmia Bharat Sugar and 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.

Dalmia Bharat Sugar and Industries Debt-to-EBITDA Chart

Dalmia Bharat Sugar and 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 1.55 0.89 2.65 1.94 3.47

Dalmia Bharat Sugar and Industries 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 1.22 0.00 1.80 0.00 2.21

NSE:DALMIASUG vs MDLZ, HSY, TR: Debt-to-EBITDA Comparison

For the Confectioners subindustry, Dalmia Bharat Sugar and 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.


Dalmia Bharat Sugar and Industries Debt-to-EBITDA vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dalmia Bharat Sugar and Industries's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dalmia Bharat Sugar and Industries's Debt-to-EBITDA falls into.


NSE:DALMIASUG
73GF Score
Dalmia Bharat Sugar and Industries Ltd NSE:DALMIASUG
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dalmia Bharat Sugar and Industries Debt-to-EBITDA Calculation

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

Dalmia Bharat Sugar and 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
=(12801.6 + 5230.1) / 5192.1
=3.47

Dalmia Bharat Sugar and 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
=(12801.6 + 5230.1) / 8179.2
=2.20

* 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 2.21 mean?
Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) has a Debt-to-EBITDA of 2.21 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 Dalmia Bharat Sugar and Industries. This is 22% below median its historical median of 2.84. Over the past decade, Dalmia Bharat Sugar and Industries' Debt-to-EBITDA has ranged from 0.89 to 3.48. According to the industry distribution chart, Dalmia Bharat Sugar and Industries ranks #1037 out of 1553 companies in the Consumer Packaged Goods industry, placing it in the top 66.8%.
Is Dalmia Bharat Sugar and Industries' Debt-to-EBITDA too high?
Dalmia Bharat Sugar and Industries' current Debt-to-EBITDA of 2.21 is 22% below median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 3.48. The Consumer Packaged Goods industry median Debt-to-EBITDA is 2.07. Dalmia Bharat Sugar and Industries' value of 2.21 is 6.8% above this industry median. Based on the distribution chart, Dalmia Bharat Sugar and Industries ranks #1037 out of 1553 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Dalmia Bharat Sugar and Industries has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dalmia Bharat Sugar and Industries' Debt-to-EBITDA compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Dalmia Bharat Sugar and Industries ranks #1037 out of 1553 companies for Debt-to-EBITDA. This places Dalmia Bharat Sugar and Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 2.07. Dalmia Bharat Sugar and Industries' value of 2.21 is 6.8% above this benchmark. Historically, Dalmia Bharat Sugar and Industries' own Debt-to-EBITDA has ranged from 0.89 to 3.48 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 2.07, Dalmia Bharat Sugar and 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 Consumer Packaged Goods company?
The median Debt-to-EBITDA among Consumer Packaged Goods companies is 2.07, based on 1,553 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. Dalmia Bharat Sugar and Industries's current Debt-to-EBITDA of 2.21 is 6.8% 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 Dalmia Bharat Sugar and Industries. For the Consumer Packaged Goods industry, the median Debt-to-EBITDA is 2.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dalmia Bharat Sugar and Industries's current Debt-to-EBITDA is 2.21, which is 22% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dalmia Bharat Sugar and Industries stock overvalued right now?
Based on GuruFocus' analysis, Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹418.17, compared to a current price of ₹350.90 — trading 16.1% below its estimated fair value. The current Debt-to-EBITDA is 2.21, which is 22% below median its 10-year median of 2.84 and 6.8% above the Consumer Packaged Goods industry median of 2.07. Dalmia Bharat Sugar and Industries' overall GF Score™ is 73/100 with 10 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 Dalmia Bharat Sugar and Industries (NSE:DALMIASUG), the current Debt-to-EBITDA is 2.21 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 Dalmia Bharat Sugar and Industries (NSE:DALMIASUG) Overvalued in 2026?

Based on GuruFocus' analysis, Dalmia Bharat Sugar and Industries stock appears to be undervalued. The current stock price of ₹350.90 is trading 16.1% below its estimated GF Value™ of ₹418.17. GuruFocus considers Dalmia Bharat Sugar and Industries to be Modestly Undervalued.

Key valuation signals for NSE:DALMIASUG:

  • Debt-to-EBITDA: 2.21 (22% below median its 10-year median of 2.84)
  • GF Value™: ₹418.17 vs. price of ₹350.90 (16.1% below fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 6.8% above the Consumer Packaged Goods median (#1037 of 1553)

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


Dalmia Bharat Sugar and Industries Business Description

Other Exchanges 500097:India
Address 15, Barakhamba Road, 4th Floor, Corporate Office, Hansalaya Building, New Delhi, IND, 110001
Dalmia Bharat Sugar and Industries Ltd is mainly engaged in the manufacturing of sugar, generation of power, manufacturing of Industrial alcohol, and manufacturing of refractory products. The group's operating segments are Own Manufactured Sugar, Distillery, and Others. The Own Manufactured Sugar segment of the company derives the majority of its revenue and includes the manufacture and marketing of sugar. The Distillery segment includes the production and sale of ethanol and ENA, and the Others segment includes magnesite, travel, and electronics activities of the company. Geographically, the group has its presence in both domestic and overseas markets, of which the maximum revenue is generated from the domestic market, representing the sale of its products to customers located in India.
73GF Score

Get the complete analysis for NSE:DALMIASUG

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

₹350.90
Price
₹418.17
GF Value