Madhya Bharat Agro Products (NSE:MBAPL) Debt-to-EBITDA : 4.25 (As of Mar. 2026) — 162% Above Median

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NSE:MBAPL Madhya Bharat Agro Products Ltd NSE:MBAPL
85 GF Score
Price ₹161.20
GF Value ₹180.96
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Madhya Bharat Agro Products Debt-to-EBITDA?

Madhya Bharat Agro Products NSE:MBAPL -1.68% 85 Debt-to-EBITDA is 4.25 as of Mar. 2026, which is 162% above its 10-year median of 1.62. GuruFocus rates NSE:MBAPL with a GF Score™ of 85/100 and a GF Value™ of ₹180.96 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 203 Agriculture companies, Madhya Bharat Agro Products ranks worse than 71.92% on this metric.

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

Madhya Bharat Agro Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹4,505 Mil. Madhya Bharat Agro Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹4,054 Mil. Madhya Bharat Agro Products's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹2,015 Mil. Madhya Bharat Agro Products's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 4.25.

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 Madhya Bharat Agro Products's Debt-to-EBITDA or its related term are showing as below:

NSE:MBAPL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.89   Med: 1.62   Max: 3.52
Current: 3.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of Madhya Bharat Agro Products was 3.52. The lowest was 0.89. And the median was 1.62.

NSE:MBAPL's Debt-to-EBITDA is ranked worse than
71.92% of 203 companies
in the Agriculture industry
Industry Median: 2.08 vs NSE:MBAPL: 3.52

Madhya Bharat Agro Products  (NSE:MBAPL) 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.


Madhya Bharat Agro Products Debt-to-EBITDA Related Terms


Madhya Bharat Agro Products Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Madhya Bharat Agro Products'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.

Madhya Bharat Agro Products Debt-to-EBITDA Chart

Madhya Bharat Agro Products 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 1.55 1.51 2.72 2.03 3.52

Madhya Bharat Agro Products 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 1.88 0.00 1.23 0.00 4.25

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

For the Agricultural Inputs subindustry, Madhya Bharat Agro Products'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.


Madhya Bharat Agro Products Debt-to-EBITDA vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Madhya Bharat Agro Products's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Madhya Bharat Agro Products's Debt-to-EBITDA falls into.


NSE:MBAPL
85GF Score
Madhya Bharat Agro Products Ltd NSE:MBAPL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Madhya Bharat Agro Products Debt-to-EBITDA Calculation

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

Madhya Bharat Agro Products'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
=(4505.236 + 4053.853) / 2433.634
=3.52

Madhya Bharat Agro Products'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
=(4505.236 + 4053.853) / 2014.884
=4.25

* 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 4.25 mean?
Madhya Bharat Agro Products (NSE:MBAPL) has a Debt-to-EBITDA of 4.25 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 Madhya Bharat Agro Products. This is 162% above median its historical median of 1.62. Over the past decade, Madhya Bharat Agro Products' Debt-to-EBITDA has ranged from 0.89 to 3.52. According to the industry distribution chart, Madhya Bharat Agro Products ranks #146 out of 203 companies in the Agriculture industry, placing it in the top 71.9%.
Is Madhya Bharat Agro Products' Debt-to-EBITDA too high?
Madhya Bharat Agro Products' current Debt-to-EBITDA of 4.25 is 162% above median its 10-year median of 1.62. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 3.52. The Agriculture industry median Debt-to-EBITDA is 2.08. Madhya Bharat Agro Products' value of 4.25 is 104.3% above this industry median. Based on the distribution chart, Madhya Bharat Agro Products ranks #146 out of 203 companies in the Agriculture industry, which is below the industry midpoint. Overall, Madhya Bharat Agro Products has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Madhya Bharat Agro Products' Debt-to-EBITDA compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madhya Bharat Agro Products ranks #146 out of 203 companies for Debt-to-EBITDA. This places Madhya Bharat Agro Products in the lower half of its industry. The industry median Debt-to-EBITDA is 2.08. Madhya Bharat Agro Products' value of 4.25 is 104.3% above this benchmark. Historically, Madhya Bharat Agro Products' own Debt-to-EBITDA has ranged from 0.89 to 3.52 over the past decade. While the company's 10-year median is 1.62 vs. the industry median of 2.08, Madhya Bharat Agro Products 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. Madhya Bharat Agro Products's current Debt-to-EBITDA of 4.25 is 104.3% 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 Madhya Bharat Agro Products. 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. Madhya Bharat Agro Products's current Debt-to-EBITDA is 4.25, which is 162% above median its own 10-year median of 1.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madhya Bharat Agro Products stock overvalued right now?
Based on GuruFocus' analysis, Madhya Bharat Agro Products (NSE:MBAPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹180.96, compared to a current price of ₹161.20 — trading 10.9% below its estimated fair value. The current Debt-to-EBITDA is 4.25, which is 162% above median its 10-year median of 1.62 and 104.3% above the Agriculture industry median of 2.08. Madhya Bharat Agro Products' overall GF Score™ is 85/100 with 8 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 Madhya Bharat Agro Products (NSE:MBAPL), the current Debt-to-EBITDA is 4.25 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 Madhya Bharat Agro Products (NSE:MBAPL) Overvalued in 2026?

Based on GuruFocus' analysis, Madhya Bharat Agro Products stock appears to be undervalued. The current stock price of ₹161.20 is trading 10.9% below its estimated GF Value™ of ₹180.96. GuruFocus considers Madhya Bharat Agro Products to be Modestly Undervalued.

Key valuation signals for NSE:MBAPL:

  • Debt-to-EBITDA: 4.25 (162% above median its 10-year median of 1.62)
  • GF Value™: ₹180.96 vs. price of ₹161.20 (10.9% below fair value)
  • GF Score™: 85/100 with 8 warning signs
  • Industry Position: 104.3% above the Agriculture median (#146 of 203)

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


Madhya Bharat Agro Products Business Description

Address Ostwal heights, Urban Forest Atun, Wing A/1, 1st Floor, Bhilwara, RJ, IND, 311001
Madhya Bharat Agro Products Ltd is engaged in the manufacturing of fertilizers and chemicals. The company operates through one segment, namely Manufacturing of Fertilizers. The firm is setting up a project comprising phosphoric acid, triple superphosphate, chemicals, and allied products, and further expansion of single superphosphate and sulfuric acid. In addition, it is also involved in the business of the purchase and sale of textiles and agricultural products. The majority of its revenue is derived from the manufacturing of fertilizers.
85GF Score

Get the complete analysis for NSE:MBAPL

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

₹161.20
Price
₹180.96
GF Value