Manglam Infra and Engineering (NSE:MIEL) Debt-to-EBITDA : 0.45 (As of Mar. 2026) — Near Median

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NSE:MIEL Manglam Infra and Engineering Ltd NSE:MIEL
23 GF Score
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! 6 Warning Signs
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What is Manglam Infra and Engineering Debt-to-EBITDA?

Manglam Infra and Engineering NSE:MIEL -2.38% 23 Debt-to-EBITDA is 0.45 as of Mar. 2026, which is 2% above its 10-year median of 0.44. GuruFocus rates NSE:MIEL with a GF Score™ of 23/100. The stock has 6 warning signs investors should review. Among 1,405 Construction companies, Manglam Infra and Engineering ranks better than 80.21% on this metric.

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

Manglam Infra and Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹22.1 Mil. Manglam Infra and Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹8.5 Mil. Manglam Infra and Engineering's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹68.7 Mil. Manglam Infra and Engineering's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.45.

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 Manglam Infra and Engineering's Debt-to-EBITDA or its related term are showing as below:

NSE:MIEL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.25   Med: 0.44   Max: 0.94
Current: 0.48

During the past 5 years, the highest Debt-to-EBITDA Ratio of Manglam Infra and Engineering was 0.94. The lowest was 0.25. And the median was 0.44.

NSE:MIEL's Debt-to-EBITDA is ranked better than
80.21% of 1405 companies
in the Construction industry
Industry Median: 2.1 vs NSE:MIEL: 0.48

Manglam Infra and Engineering  (NSE:MIEL) 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.


Manglam Infra and Engineering Debt-to-EBITDA Related Terms


Manglam Infra and Engineering Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Manglam Infra and Engineering'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.

Manglam Infra and Engineering Debt-to-EBITDA Chart

Manglam Infra and Engineering Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
0.33 0.25 0.44 0.94 0.48

Manglam Infra and Engineering Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial N/A 0.33 2.09 0.49 0.45

NSE:MIEL vs PWR, FIX, EME: Debt-to-EBITDA Comparison

For the Engineering & Construction subindustry, Manglam Infra and Engineering'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.


Manglam Infra and Engineering Debt-to-EBITDA vs Construction Industry

For the Construction industry and Industrials sector, Manglam Infra and Engineering's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Manglam Infra and Engineering's Debt-to-EBITDA falls into.


NSE:MIEL
23GF Score
Manglam Infra and Engineering Ltd NSE:MIEL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Manglam Infra and Engineering Debt-to-EBITDA Calculation

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

Manglam Infra and Engineering'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
=(22.146 + 8.482) / 63.9
=0.48

Manglam Infra and Engineering'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
=(22.146 + 8.482) / 68.688
=0.45

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.45 mean?
Manglam Infra and Engineering (NSE:MIEL) has a Debt-to-EBITDA of 0.45 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 Manglam Infra and Engineering. This is near median its historical median of 0.44. Over the past decade, Manglam Infra and Engineering's Debt-to-EBITDA has ranged from 0.25 to 0.94. According to the industry distribution chart, Manglam Infra and Engineering ranks #278 out of 1405 companies in the Construction industry, placing it in the top 19.8%.
Is Manglam Infra and Engineering's Debt-to-EBITDA too high?
Manglam Infra and Engineering's current Debt-to-EBITDA of 0.45 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.94. The Construction industry median Debt-to-EBITDA is 2.10. Manglam Infra and Engineering's value of 0.45 is 78.6% below this industry median. Based on the distribution chart, Manglam Infra and Engineering ranks #278 out of 1405 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Manglam Infra and Engineering has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Manglam Infra and Engineering's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Manglam Infra and Engineering ranks #278 out of 1405 companies for Debt-to-EBITDA. This places Manglam Infra and Engineering in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.10. Manglam Infra and Engineering's value of 0.45 is 78.6% below this benchmark. Historically, Manglam Infra and Engineering's own Debt-to-EBITDA has ranged from 0.25 to 0.94 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 2.10, Manglam Infra and Engineering 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.10, based on 1,405 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. Manglam Infra and Engineering's current Debt-to-EBITDA of 0.45 is 78.6% 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 Manglam Infra and Engineering. For the Construction industry, the median Debt-to-EBITDA is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manglam Infra and Engineering's current Debt-to-EBITDA is 0.45, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manglam Infra and Engineering stock overvalued right now?
Manglam Infra and Engineering (NSE:MIEL) has a current Debt-to-EBITDA of 0.45. The current Debt-to-EBITDA is 0.45, which is near median its 10-year median of 0.44 and 78.6% below the Construction industry median of 2.10. Manglam Infra and Engineering's overall GF Score™ is 23/100 with 6 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 Manglam Infra and Engineering (NSE:MIEL), the current Debt-to-EBITDA is 0.45 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.

Manglam Infra and Engineering Business Description

Address Hoshangabad Road, 115 & 116, Ganesh Nagar, Bhopal, MP, IND, 462026
Manglam Infra and Engineering Ltd is an infrastructure consultancy company. It is providing project management consultancy services, which include detailed project reports (DPRs), Supervision and quality control (SQC), and operation & maintenance (O & M) for Highways/Roads, Bridges, Tunnels, Buildings/Urban development. It caters to various state governments of Madhya Pradesh, Jammu & Kashmir, Bihar, Arunachal Pradesh, Jharkhand, Himachal Pradesh, Uttar Pradesh, Manipur, Nagaland, Maharashtra, Assam, Rajasthan, Uttarakhand, and Haryana, and the central government.
23GF Score

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

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