Madras Fertilizers (NSE:MADRASFERT) Debt-to-EBITDA : 3.88 (As of Mar. 2026) — 52% Below Median

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NSE:MADRASFERT Madras Fertilizers Ltd NSE:MADRASFERT
69 GF Score
Price ₹66.66
GF Value ₹262.34
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Madras Fertilizers Debt-to-EBITDA?

Madras Fertilizers NSE:MADRASFERT +0.27% 69 Debt-to-EBITDA is 3.88 as of Mar. 2026, which is 52% below its 10-year median of 8.15. GuruFocus rates NSE:MADRASFERT with a GF Score™ of 69/100 and a GF Value™ of ₹262.34 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 203 Agriculture companies, Madras Fertilizers ranks worse than 72.41% on this metric.

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

Madras Fertilizers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹6,342 Mil. Madras Fertilizers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹0 Mil. Madras Fertilizers's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹1,635 Mil. Madras Fertilizers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 3.88.

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 Madras Fertilizers's Debt-to-EBITDA or its related term are showing as below:

NSE:MADRASFERT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -527.48   Med: 8.15   Max: 28.65
Current: 3.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of Madras Fertilizers was 28.65. The lowest was -527.48. And the median was 8.15.

NSE:MADRASFERT's Debt-to-EBITDA is ranked worse than
72.41% of 203 companies
in the Agriculture industry
Industry Median: 2.08 vs NSE:MADRASFERT: 3.62

Madras Fertilizers  (NSE:MADRASFERT) 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.


Madras Fertilizers Debt-to-EBITDA Related Terms


Madras Fertilizers Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Madras Fertilizers'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.

Madras Fertilizers Debt-to-EBITDA Chart

Madras Fertilizers 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 6.68 4.48 18.24 9.63 3.63

Madras Fertilizers 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 -8.84 0.00 4.19 0.00 3.88

NSE:MADRASFERT vs CTVA, CF, MOS: Debt-to-EBITDA Comparison

For the Agricultural Inputs subindustry, Madras Fertilizers'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.


Madras Fertilizers Debt-to-EBITDA vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Madras Fertilizers's Debt-to-EBITDA distribution charts can be found below:

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


NSE:MADRASFERT
69GF Score
Madras Fertilizers Ltd NSE:MADRASFERT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madras Fertilizers Debt-to-EBITDA Calculation

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

Madras Fertilizers'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
=(6342.4 + 0) / 1747
=3.63

Madras Fertilizers'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
=(6342.4 + 0) / 1635.2
=3.88

* 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 3.88 mean?
Madras Fertilizers (NSE:MADRASFERT) has a Debt-to-EBITDA of 3.88 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 Madras Fertilizers. This is 52% below median its historical median of 8.15. According to the industry distribution chart, Madras Fertilizers ranks #147 out of 203 companies in the Agriculture industry, placing it in the top 72.4%.
Is Madras Fertilizers' Debt-to-EBITDA too high?
Madras Fertilizers' current Debt-to-EBITDA of 3.88 is 52% below median its 10-year median of 8.15. The Agriculture industry median Debt-to-EBITDA is 2.08. Madras Fertilizers' value of 3.88 is 86.5% above this industry median. Based on the distribution chart, Madras Fertilizers ranks #147 out of 203 companies in the Agriculture industry, which is below the industry midpoint. Overall, Madras Fertilizers has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madras Fertilizers' Debt-to-EBITDA compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madras Fertilizers ranks #147 out of 203 companies for Debt-to-EBITDA. This places Madras Fertilizers in the lower half of its industry. The industry median Debt-to-EBITDA is 2.08. Madras Fertilizers' value of 3.88 is 86.5% above this benchmark. While the company's 10-year median is 8.15 vs. the industry median of 2.08, Madras Fertilizers 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 an Agriculture company?
The median Debt-to-EBITDA among Agriculture companies is 2.08, based on 203 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. Madras Fertilizers's current Debt-to-EBITDA of 3.88 is 86.5% 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 Madras Fertilizers. For the Agriculture industry, the median Debt-to-EBITDA is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madras Fertilizers's current Debt-to-EBITDA is 3.88, which is 52% below median its own 10-year median of 8.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madras Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Madras Fertilizers (NSE:MADRASFERT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹262.34, compared to a current price of ₹66.66 — trading 74.6% below its estimated fair value. The current Debt-to-EBITDA is 3.88, which is 52% below median its 10-year median of 8.15 and 86.5% above the Agriculture industry median of 2.08. Madras Fertilizers' overall GF Score™ is 69/100 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 Madras Fertilizers (NSE:MADRASFERT), the current Debt-to-EBITDA is 3.88 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 Madras Fertilizers (NSE:MADRASFERT) Overvalued in 2026?

Based on GuruFocus' analysis, Madras Fertilizers stock appears to be undervalued. The current stock price of ₹66.66 is trading 74.6% below its estimated GF Value™ of ₹262.34. GuruFocus considers Madras Fertilizers to be Possible Value Trap.

Key valuation signals for NSE:MADRASFERT:

  • Debt-to-EBITDA: 3.88 (52% below median its 10-year median of 8.15)
  • GF Value™: ₹262.34 vs. price of ₹66.66 (74.6% below fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 86.5% above the Agriculture median (#147 of 203)

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


Madras Fertilizers Business Description

Other Exchanges 590134:India
Address Post Bag No. 2, Manali, Chennai, TN, IND, 600068
Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.
69GF Score

Get the complete analysis for NSE:MADRASFERT

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

₹66.66
Price
₹262.34
GF Value