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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 Indraprastha Gas's Debt-to-EBITDA or its related term are showing as below:
NSE:IGL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.07
Current: 0.04
During the past 13 years, the highest Debt-to-EBITDA Ratio of Indraprastha Gas was 0.07. The lowest was 0.03. And the median was 0.04.
NSE:IGL's Debt-to-EBITDA is ranked better than 96.87% of 448
companies
in the Utilities - Regulated industry
Industry Median: 3.935
vs NSE:IGL: 0.04
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.
Indraprastha Gas Debt-to-EBITDA Related Terms
Indraprastha Gas Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Indraprastha Gas'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.
NSE:IGL vs ATO, NI, UGI: Debt-to-EBITDA Comparison
For the Utilities - Regulated Gas subindustry, Indraprastha Gas'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.
Indraprastha Gas Debt-to-EBITDA vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Indraprastha Gas'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 (Jun. 2026) EBITDA data.
Indraprastha Gas (NSE:IGL) has a Debt-to-EBITDA of 0.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Indraprastha Gas. Over the past decade, Indraprastha Gas' Debt-to-EBITDA has ranged from 0.03 to 0.07. According to the industry distribution chart, Indraprastha Gas ranks #14 out of 448 companies in the Utilities - Regulated industry, placing it in the top 3.1%.
Is Indraprastha Gas' Debt-to-EBITDA too high?
Indraprastha Gas' current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.07. Based on the distribution chart, Indraprastha Gas ranks #14 out of 448 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Indraprastha Gas has a GF Score™ of 95/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indraprastha Gas' Debt-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Indraprastha Gas ranks #14 out of 448 companies for Debt-to-EBITDA. This places Indraprastha Gas in the top 3% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 3.94. Historically, Indraprastha Gas' own Debt-to-EBITDA has ranged from 0.03 to 0.07 over the past decade. 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 Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 3.94, based on 448 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. 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 Indraprastha Gas. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 3.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indraprastha Gas's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indraprastha Gas stock overvalued right now?
Based on GuruFocus' analysis, Indraprastha Gas (NSE:IGL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹239.63, compared to a current price of ₹150.55 — trading 37.2% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Indraprastha Gas' overall GF Score™ is 95/100 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 Indraprastha Gas (NSE:IGL), the current Debt-to-EBITDA is 0.00 as of Jun. 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 Indraprastha Gas (NSE:IGL) Overvalued in 2026?
Based on GuruFocus' analysis, Indraprastha Gas stock appears to be undervalued.
The current stock price of ₹150.55 is trading 37.2% below its estimated GF Value™ of ₹239.63.
GuruFocus considers Indraprastha Gas to be Significantly Undervalued.
Key valuation signals for NSE:IGL:
Debt-to-EBITDA: 0.00
GF Value™: ₹239.63 vs. price of ₹150.55 (37.2% below fair value)
No single metric tells the full story. See the NSE:IGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indraprastha Gas Ltd is an Indian utility company engaged in the business of city gas distribution. It operates in a single segment of the natural gas business, and its products include the Compressed Natural Gas Business provides a fossil fuel substitute for other auto fuels such as petrol, diesel, LPG, etc, and the Piped Natural Gas Business is mainly methane-CH4 with a small percentage of other higher hydrocarbons. The group generates the majority of its revenue from the Compressed Natural Gas Business.
95GF Score
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