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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 Harsha Engineers International's Debt-to-EBITDA or its related term are showing as below:
NSE:HARSHA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.83 Med: 1.35 Max: 4.34
Current: 1.34
During the past 7 years, the highest Debt-to-EBITDA Ratio of Harsha Engineers International was 4.34. The lowest was 0.83. And the median was 1.35.
NSE:HARSHA's Debt-to-EBITDA is ranked better than 55.98% of 2331
companies
in the Industrial Products industry
Industry Median: 1.68
vs NSE:HARSHA: 1.34
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.
Harsha Engineers International Debt-to-EBITDA Related Terms
Harsha Engineers International Debt-to-EBITDA Historical Data
* 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.
Harsha Engineers International Debt-to-EBITDA Chart
NSE:HARSHA vs SNA, RBC, SWK: Debt-to-EBITDA Comparison
For the Tools & Accessories subindustry, Harsha Engineers International'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.
Harsha Engineers International Debt-to-EBITDA vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Harsha Engineers International's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Harsha Engineers International's Debt-to-EBITDA falls into.
* 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.
Harsha Engineers International (NSE:HARSHA) has a Debt-to-EBITDA of 1.11 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 Harsha Engineers International. This is 18% below median its historical median of 1.35. Over the past decade, Harsha Engineers International's Debt-to-EBITDA has ranged from 0.83 to 4.34. According to the industry distribution chart, Harsha Engineers International ranks #1026 out of 2331 companies in the Industrial Products industry, placing it in the top 44%.
Is Harsha Engineers International's Debt-to-EBITDA too high?
Harsha Engineers International's current Debt-to-EBITDA of 1.11 is 18% below median its 10-year median of 1.35. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 4.34. The Industrial Products industry median Debt-to-EBITDA is 1.68. Harsha Engineers International's value of 1.11 is 33.9% below this industry median. Based on the distribution chart, Harsha Engineers International ranks #1026 out of 2331 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Harsha Engineers International has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Harsha Engineers International's Debt-to-EBITDA compare to SNA and RBC?
According to the Industrial Products industry distribution chart, Harsha Engineers International ranks #1026 out of 2331 companies for Debt-to-EBITDA. This puts Harsha Engineers International in the upper half of its industry. The industry median Debt-to-EBITDA is 1.68. Harsha Engineers International's value of 1.11 is 33.9% below this benchmark. Historically, Harsha Engineers International's own Debt-to-EBITDA has ranged from 0.83 to 4.34 over the past decade. While the company's 10-year median is 1.35 vs. the industry median of 1.68, Harsha Engineers International 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 1.68, based on 2,331 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. Harsha Engineers International's current Debt-to-EBITDA of 1.11 is 33.9% 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 Harsha Engineers International. For the Industrial Products industry, the median Debt-to-EBITDA is 1.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harsha Engineers International's current Debt-to-EBITDA is 1.11, which is 18% below median its own 10-year median of 1.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harsha Engineers International stock overvalued right now?
Based on GuruFocus' analysis, Harsha Engineers International (NSE:HARSHA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹510.22, compared to a current price of ₹412.25 — trading 19.2% below its estimated fair value. The current Debt-to-EBITDA is 1.11, which is 18% below median its 10-year median of 1.35 and 33.9% below the Industrial Products industry median of 1.68. Harsha Engineers International's overall GF Score™ is 86/100 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 Harsha Engineers International (NSE:HARSHA), the current Debt-to-EBITDA is 1.11 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 Harsha Engineers International (NSE:HARSHA) Overvalued in 2026?
Based on GuruFocus' analysis, Harsha Engineers International stock appears to be undervalued.
The current stock price of ₹412.25 is trading 19.2% below its estimated GF Value™ of ₹510.22.
GuruFocus considers Harsha Engineers International to be Modestly Undervalued.
Key valuation signals for NSE:HARSHA:
Debt-to-EBITDA: 1.11 (18% below median its 10-year median of 1.35)
GF Value™: ₹510.22 vs. price of ₹412.25 (19.2% below fair value)
Industry Position: 33.9% below the Industrial Products median (#1026 of 2331)
No single metric tells the full story. See the NSE:HARSHA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harsha Engineers International Ltd is a manufacturer of precision bearing cages. The company supplies its products to customers covering five continents such as North America, Europe, Asia, South America, and Africa. It comprises two segments: Engineering business, under which the company manufactures bearing cages (in brass, steel, and polyamide materials), complex and specialized precision stamped components, welded assemblies and brass castings and cages & bronze bushings: and Solar EPC business, under which the company provide complete comprehensive turnkey solutions to all solar photovoltaic requirements and provides operations and maintenance services in the solar sector.
86GF Score
Get the complete analysis for NSE:HARSHA
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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