Empire Industries (NSE:EMPIND) Debt-to-EBITDA : 1.13 (As of Mar. 2026) — 46% Below Median

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NSE:EMPIND Empire Industries Ltd NSE:EMPIND
63 GF Score
Price ₹1,173.30
GF Value ₹1,411.37
! 5 Warning Signs
View Full Analysis

What is Empire Industries Debt-to-EBITDA?

Empire Industries NSE:EMPIND 63 Debt-to-EBITDA is 1.13 as of Mar. 2026, which is 46% below its 10-year median of 2.09. GuruFocus rates NSE:EMPIND with a GF Score™ of 63/100 and a GF Value™ of ₹1,411.37. The stock has 5 warning signs investors should review. Among 453 Conglomerates companies, Empire Industries ranks better than 68.21% on this metric.

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

Empire Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹989.80 Mil. Empire Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹730.39 Mil. Empire Industries's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹1,526.97 Mil. Empire Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.13.

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

NSE:EMPIND' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.64   Med: 2.09   Max: 4
Current: 1.64

During the past 13 years, the highest Debt-to-EBITDA Ratio of Empire Industries was 4.00. The lowest was 1.64. And the median was 2.09.

NSE:EMPIND's Debt-to-EBITDA is ranked better than
68.21% of 453 companies
in the Conglomerates industry
Industry Median: 2.71 vs NSE:EMPIND: 1.64

Empire Industries  (NSE:EMPIND) 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.


Empire Industries Debt-to-EBITDA Related Terms


Empire Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Empire 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.

Empire Industries Debt-to-EBITDA Chart

Empire 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 3.44 2.08 1.93 1.78 1.64

Empire 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 1.93 0.00 1.77 0.00 1.13

NSE:EMPIND vs : Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Empire 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.


Empire Industries Debt-to-EBITDA vs Conglomerates Industry

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

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


NSE:EMPIND
63GF Score
Empire Industries Ltd NSE:EMPIND
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Empire Industries Debt-to-EBITDA Calculation

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

Empire 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
=(989.8 + 730.387) / 1047.924
=1.64

Empire 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
=(989.8 + 730.387) / 1526.968
=1.13

* 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 1.13 mean?
Empire Industries (NSE:EMPIND) has a Debt-to-EBITDA of 1.13 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 Empire Industries. This is 46% below median its historical median of 2.09. Over the past decade, Empire Industries' Debt-to-EBITDA has ranged from 1.64 to 4.00. According to the industry distribution chart, Empire Industries ranks #144 out of 453 companies in the Conglomerates industry, placing it in the top 31.8%.
Is Empire Industries' Debt-to-EBITDA too high?
Empire Industries' current Debt-to-EBITDA of 1.13 is 46% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.64 to a high of 4.00. The Conglomerates industry median Debt-to-EBITDA is 2.71. Empire Industries' value of 1.13 is 58.3% below this industry median. Based on the distribution chart, Empire Industries ranks #144 out of 453 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Empire Industries has a GF Score™ of 63/100, reflecting its overall financial health beyond just this single metric.
How does Empire Industries' Debt-to-EBITDA compare to ?
According to the Conglomerates industry distribution chart, Empire Industries ranks #144 out of 453 companies for Debt-to-EBITDA. This puts Empire Industries in the upper half of its industry. The industry median Debt-to-EBITDA is 2.71. Empire Industries' value of 1.13 is 58.3% below this benchmark. Historically, Empire Industries' own Debt-to-EBITDA has ranged from 1.64 to 4.00 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 2.71, Empire Industries 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 a Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.71, based on 453 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. Empire Industries's current Debt-to-EBITDA of 1.13 is 58.3% 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 Empire 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. Empire Industries's current Debt-to-EBITDA is 1.13, which is 46% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empire Industries stock overvalued right now?
Empire Industries (NSE:EMPIND) has a current Debt-to-EBITDA of 1.13. The stock's GF Value™ is ₹1,411.37, compared to a current price of ₹1,173.30 — trading 16.9% below its estimated fair value. The current Debt-to-EBITDA is 1.13, which is 46% below median its 10-year median of 2.09 and 58.3% below the Conglomerates industry median of 2.71. Empire Industries' overall GF Score™ is 63/100 with 5 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 Empire Industries (NSE:EMPIND), the current Debt-to-EBITDA is 1.13 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 Empire Industries (NSE:EMPIND) Overvalued in 2026?

Based on GuruFocus' analysis, Empire Industries stock appears to be undervalued. The current stock price of ₹1,173.30 is trading 16.9% below its estimated GF Value™ of ₹1,411.37.

Key valuation signals for NSE:EMPIND:

  • Debt-to-EBITDA: 1.13 (46% below median its 10-year median of 2.09)
  • GF Value™: ₹1,411.37 vs. price of ₹1,173.30 (16.9% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 58.3% below the Conglomerates median (#144 of 453)

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


Empire Industries Business Description

Comparable Companies
Other Exchanges 509525:India
Address 414, Senapati Bapat Marg, Empire Complex, Lower Parel, Mumbai, MH, IND, 400 013
Empire Industries Ltd is a multi-divisional company engaged in different businesses. Its segments are Manufacturing - comprising of manufacturing glass bottles; Trading, Business Support Services, Consultancy, Commission; and Property development. The company derives revenue from the business of manufacturing of container glass, trading in frozen foods, indenting and real estate. It also imports frozen foods from the market and distributes them to hotels, provides office space on a leave and license basis to companies and banks, develops residential, and provides workspace solutions to clients. The company operates in India and internationally.
63GF Score

Get the complete analysis for NSE:EMPIND

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

₹1,173.30
Price
₹1,411.37
GF Value