Khandwala Securities (NSE:KHANDSE) Debt-to-EBITDA : 0.00 (As of Jun. 2026)

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:KHANDSE Khandwala Securities Ltd NSE:KHANDSE
61 GF Score
Price ₹17.05
GF Value ₹26.35
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Khandwala Securities Debt-to-EBITDA?

Khandwala Securities NSE:KHANDSE -1.90% 61 Debt-to-EBITDA is 0.00 as of Jun. 2026. GuruFocus rates NSE:KHANDSE with a GF Score™ of 61/100 and a GF Value™ of ₹26.35 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 415 Capital Markets companies, Khandwala Securities ranks worse than 240963.61% on this metric.

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

Khandwala Securities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0.00 Mil. Khandwala Securities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0.00 Mil. Khandwala Securities's annualized EBITDA for the quarter that ended in Jun. 2026 was ₹9.52 Mil. Khandwala Securities's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.00.

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 Khandwala Securities's Debt-to-EBITDA or its related term are showing as below:

NSE:KHANDSE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -272.97   Med: 0.06   Max: 9.17
Current: -57.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of Khandwala Securities was 9.17. The lowest was -272.97. And the median was 0.06.

NSE:KHANDSE's Debt-to-EBITDA is ranked worse than
100% of 415 companies
in the Capital Markets industry
Industry Median: 1.67 vs NSE:KHANDSE: -57.44

Khandwala Securities  (NSE:KHANDSE) 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.


Khandwala Securities Debt-to-EBITDA Related Terms


Khandwala Securities Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Khandwala Securities'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.

Khandwala Securities Debt-to-EBITDA Chart

Khandwala Securities 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 6.33 2.45 2.24 2.22 -3.77

Khandwala Securities Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 1.91 0.00 -2.26 0.00

NSE:KHANDSE vs MS, GS, SCHW: Debt-to-EBITDA Comparison

For the Capital Markets subindustry, Khandwala Securities'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.


Khandwala Securities Debt-to-EBITDA vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Khandwala Securities's Debt-to-EBITDA distribution charts can be found below:

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


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

Khandwala Securities Debt-to-EBITDA Calculation

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

Khandwala Securities'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
=(0 + 28.835) / -7.657
=-3.77

Khandwala Securities's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
Khandwala Securities (NSE:KHANDSE) 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 Khandwala Securities. According to the industry distribution chart, Khandwala Securities ranks #999999 out of 415 companies in the Capital Markets industry.
Is Khandwala Securities' Debt-to-EBITDA too high?
Khandwala Securities' current Debt-to-EBITDA is 0.00. Based on the distribution chart, Khandwala Securities ranks #999999 out of 415 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Khandwala Securities 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 Khandwala Securities' Debt-to-EBITDA compare to MS and GS?
According to the Capital Markets industry distribution chart, Khandwala Securities ranks #999999 out of 415 companies for Debt-to-EBITDA. This places Khandwala Securities in the lower half of its industry. The industry median Debt-to-EBITDA is 1.67. 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 Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.67, based on 415 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 Khandwala Securities. For the Capital Markets industry, the median Debt-to-EBITDA is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Khandwala Securities'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 Khandwala Securities stock overvalued right now?
Based on GuruFocus' analysis, Khandwala Securities (NSE:KHANDSE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹26.35, compared to a current price of ₹17.05 — trading 35.3% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Khandwala Securities' overall GF Score™ is 61/100 with 3 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 Khandwala Securities (NSE:KHANDSE), 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 Khandwala Securities (NSE:KHANDSE) Overvalued in 2026?

Based on GuruFocus' analysis, Khandwala Securities stock appears to be undervalued. The current stock price of ₹17.05 is trading 35.3% below its estimated GF Value™ of ₹26.35. GuruFocus considers Khandwala Securities to be Possible Value Trap.

Key valuation signals for NSE:KHANDSE:

  • Debt-to-EBITDA: 0.00
  • GF Value™: ₹26.35 vs. price of ₹17.05 (35.3% below fair value)
  • GF Score™: 61/100 with 3 warning signs

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


Khandwala Securities Business Description

Other Exchanges 531892:India
Address Nariman Point, G-II, Ground Floor, Dalamal House, Mumbai, MH, IND, 400021
Khandwala Securities Ltd is engaged in the capital market business sector. The company offers services such as stock broking, investment banking, portfolio management, research and analysis, and investment advisory, among others. The company is organized into two segments: Fee-based and Investment/Trading in Stock. The Fee-based division provides financial advisory services for mergers and acquisitions, equity and debt issue management, portfolio management, and broking. The Investment and Stock division carries out trading, investing, and speculation activities in capital markets (debt and equity) for the company. The majority of the company's revenue is generated from its Fee-based operations.
61GF Score

Get the complete analysis for NSE:KHANDSE

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

₹17.05
Price
₹26.35
GF Value