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Mahickra ChemicalsNSE:MAHICKRA -1.69%53 Debt-to-EBITDA is 1.20 as of Mar. 2026, which is 36% below its 10-year median of 1.87. GuruFocus rates NSE:MAHICKRA with a GF Score™ of 53/100 and a GF Value™ of ₹155.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,264 Chemicals companies, Mahickra Chemicals ranks better than 53.09% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Mahickra Chemicals's Debt-to-EBITDA or its related term are showing as below:
NSE:MAHICKRA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.16 Med: 1.87 Max: 5.33
Current: 1.8
During the past 13 years, the highest Debt-to-EBITDA Ratio of Mahickra Chemicals was 5.33. The lowest was 1.16. And the median was 1.87.
NSE:MAHICKRA's Debt-to-EBITDA is ranked better than 53.09% of 1264
companies
in the Chemicals industry
Industry Median: 2.005
vs NSE:MAHICKRA: 1.80
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.
Mahickra Chemicals Debt-to-EBITDA Related Terms
Mahickra Chemicals Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Mahickra Chemicals'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:MAHICKRA vs LIN, SHW, ECL: Debt-to-EBITDA Comparison
For the Specialty Chemicals subindustry, Mahickra Chemicals'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.
Mahickra Chemicals Debt-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mahickra Chemicals'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 two times the quarterly (Mar. 2026) EBITDA data.
Mahickra Chemicals (NSE:MAHICKRA) has a Debt-to-EBITDA of 1.20 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 Mahickra Chemicals. This is 36% below median its historical median of 1.87. Over the past decade, Mahickra Chemicals' Debt-to-EBITDA has ranged from 1.16 to 5.33. According to the industry distribution chart, Mahickra Chemicals ranks #593 out of 1264 companies in the Chemicals industry, placing it in the top 46.9%.
Is Mahickra Chemicals' Debt-to-EBITDA too high?
Mahickra Chemicals' current Debt-to-EBITDA of 1.20 is 36% below median its 10-year median of 1.87. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 5.33. The Chemicals industry median Debt-to-EBITDA is 2.01. Mahickra Chemicals' value of 1.20 is 40.1% below this industry median. Based on the distribution chart, Mahickra Chemicals ranks #593 out of 1264 companies in the Chemicals industry, which is above the industry midpoint. Overall, Mahickra Chemicals has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahickra Chemicals' Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mahickra Chemicals ranks #593 out of 1264 companies for Debt-to-EBITDA. This puts Mahickra Chemicals in the upper half of its industry. The industry median Debt-to-EBITDA is 2.01. Mahickra Chemicals' value of 1.20 is 40.1% below this benchmark. Historically, Mahickra Chemicals' own Debt-to-EBITDA has ranged from 1.16 to 5.33 over the past decade. While the company's 10-year median is 1.87 vs. the industry median of 2.01, Mahickra Chemicals 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.01, based on 1,264 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. Mahickra Chemicals's current Debt-to-EBITDA of 1.20 is 40.1% 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 Mahickra Chemicals. For the Chemicals industry, the median Debt-to-EBITDA is 2.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahickra Chemicals's current Debt-to-EBITDA is 1.20, which is 36% below median its own 10-year median of 1.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahickra Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Mahickra Chemicals (NSE:MAHICKRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹155.25, compared to a current price of ₹290.00 — trading 86.8% above its estimated fair value. The current Debt-to-EBITDA is 1.20, which is 36% below median its 10-year median of 1.87 and 40.1% below the Chemicals industry median of 2.01. Mahickra Chemicals' overall GF Score™ is 53/100 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 Mahickra Chemicals (NSE:MAHICKRA), the current Debt-to-EBITDA is 1.20 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 Mahickra Chemicals (NSE:MAHICKRA) Overvalued in 2026?
Based on GuruFocus' analysis, Mahickra Chemicals stock appears to be overvalued.
The current stock price of ₹290.00 is trading 86.8% above its estimated GF Value™ of ₹155.25.
GuruFocus considers Mahickra Chemicals to be Significantly Overvalued.
Key valuation signals for NSE:MAHICKRA:
Debt-to-EBITDA: 1.20 (36% below median its 10-year median of 1.87)
GF Value™: ₹155.25 vs. price of ₹290.00 (86.8% above fair value)
Industry Position: 40.1% below the Chemicals median (#593 of 1264)
No single metric tells the full story. See the NSE:MAHICKRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mahickra Chemicals Ltd is an India-based company engaged in the business of manufacturing and trading of dyes and chemicals. Its product portfolio includes reactive dyes, acid dyes, direct dyes, pigment powder and emulsion, specialty chemicals, and synthetic food colors, among others. The company caters to both the Indian as well as international markets.
53GF Score
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