Mangalam Alloys (NSE:MAL) Debt-to-EBITDA : 2.42 (As of Mar. 2025)

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NSE:MAL Mangalam Alloys Ltd NSE:MAL
38 GF Score
Price ₹32.00
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What is Mangalam Alloys Debt-to-EBITDA?

Mangalam Alloys NSE:MAL +2.40% 38 Debt-to-EBITDA is 2.42 as of Mar. 2025. GuruFocus rates NSE:MAL with a GF Score™ of 38/100.

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

Mangalam Alloys's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹1,307 Mil. Mangalam Alloys's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₹473 Mil. Mangalam Alloys's annualized EBITDA for the quarter that ended in Mar. 2025 was ₹736 Mil. Mangalam Alloys's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 2.42.

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 Mangalam Alloys's Debt-to-EBITDA or its related term are showing as below:

NSE:MAL's Debt-to-EBITDA is not ranked *
in the Steel industry.
Industry Median: 2.87
* Ranked among companies with meaningful Debt-to-EBITDA only.

Mangalam Alloys  (NSE:MAL) 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.


Mangalam Alloys Debt-to-EBITDA Related Terms


Mangalam Alloys Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Mangalam Alloys'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.

Mangalam Alloys Debt-to-EBITDA Chart

Mangalam Alloys Annual Data
Trend Mar16 Mar17 Mar18 Mar23 Mar24 Mar25
Debt-to-EBITDA
Get a 7-Day Free Trial 7.81 3.85 4.21 4.51 3.38

Mangalam Alloys Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar23 Sep23 Mar24 Sep24 Mar25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only N/A 0.00 5.82 5.66 2.42

NSE:MAL vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Mangalam Alloys'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.


Mangalam Alloys Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Mangalam Alloys's Debt-to-EBITDA distribution charts can be found below:

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


NSE:MAL
38GF Score
Mangalam Alloys Ltd NSE:MAL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalam Alloys Debt-to-EBITDA Calculation

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

Mangalam Alloys's Debt-to-EBITDA for the fiscal year that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1306.645 + 473.442) / 526.055
=3.38

Mangalam Alloys's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1306.645 + 473.442) / 735.874
=2.42

* 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. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.42 mean?
Mangalam Alloys (NSE:MAL) has a Debt-to-EBITDA of 2.42 as of Mar. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Mangalam Alloys.
Is Mangalam Alloys' Debt-to-EBITDA too high?
Mangalam Alloys' current Debt-to-EBITDA is 2.42. The Steel industry median Debt-to-EBITDA is 2.87. Mangalam Alloys' value of 2.42 is 15.7% below this industry median. Overall, Mangalam Alloys has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Mangalam Alloys' Debt-to-EBITDA compare to NUE and STLD?
Mangalam Alloys' Debt-to-EBITDA of 2.42 can be compared against companies in the Steel industry. The industry median Debt-to-EBITDA is 2.87. Mangalam Alloys' value of 2.42 is 15.7% below this benchmark. 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.87, based on 494 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. Mangalam Alloys's current Debt-to-EBITDA of 2.42 is 15.7% 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 Mangalam Alloys. For the Steel industry, the median Debt-to-EBITDA is 2.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalam Alloys's current Debt-to-EBITDA is 2.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalam Alloys stock overvalued right now?
Mangalam Alloys (NSE:MAL) has a current Debt-to-EBITDA of 2.42. The current Debt-to-EBITDA is 2.42 and 15.7% below the Steel industry median of 2.87. Mangalam Alloys' overall GF Score™ is 38/100. 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 Mangalam Alloys (NSE:MAL), the current Debt-to-EBITDA is 2.42 as of Mar. 2025. 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.

Mangalam Alloys Business Description

Address GIDC Phase 3, Plot No. 3123-3126, Chattral, Gandhinagar, GJ, IND, 382729
Mangalam Alloys Ltd is engaged in the manufacturing and distribution of high-quality stainless steel products. It is a stainless steel melting unit. Its products include forging ingots, billets, black round bars, bright round bars, hexagonal and square bars, SS RCS, angle bars, fasteners, and others. It operates in one segment, stainless steel products.
38GF Score

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

₹32.00
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