Meghna Infracon Infrastructure (NSE:MIIL) Debt-to-EBITDA : 1.98 (As of Mar. 2026) — 40% Above Median

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NSE:MIIL Meghna Infracon Infrastructure Ltd NSE:MIIL
16 GF Score
Price ₹704.95
! 4 Warning Signs
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What is Meghna Infracon Infrastructure Debt-to-EBITDA?

Meghna Infracon Infrastructure NSE:MIIL +0.56% 16 Debt-to-EBITDA is 1.98 as of Mar. 2026, which is 40% above its 10-year median of 1.41. GuruFocus rates NSE:MIIL with a GF Score™ of 16/100. The stock has 4 warning signs investors should review. Among 1,277 Real Estate companies, Meghna Infracon Infrastructure ranks better than 73.77% on this metric.

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

Meghna Infracon Infrastructure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹211.5 Mil. Meghna Infracon Infrastructure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹13.0 Mil. Meghna Infracon Infrastructure's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹113.2 Mil. Meghna Infracon Infrastructure's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.98.

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 Meghna Infracon Infrastructure's Debt-to-EBITDA or its related term are showing as below:

NSE:MIIL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.24   Med: 1.41   Max: 84.81
Current: 2.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of Meghna Infracon Infrastructure was 84.81. The lowest was -9.24. And the median was 1.41.

NSE:MIIL's Debt-to-EBITDA is ranked better than
73.77% of 1277 companies
in the Real Estate industry
Industry Median: 5.49 vs NSE:MIIL: 2.17

Meghna Infracon Infrastructure  (NSE:MIIL) 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.


Meghna Infracon Infrastructure Debt-to-EBITDA Related Terms


Meghna Infracon Infrastructure Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Meghna Infracon Infrastructure'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.

Meghna Infracon Infrastructure Debt-to-EBITDA Chart

Meghna Infracon Infrastructure 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 2.17 84.81 0.66 0.28 2.17

Meghna Infracon Infrastructure Quarterly Data
Sep20 Mar21 Sep21 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 0.20 0.00 1.23 0.00 1.98

NSE:MIIL vs : Debt-to-EBITDA Comparison

For the Real Estate - Development subindustry, Meghna Infracon Infrastructure'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.


Meghna Infracon Infrastructure Debt-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Meghna Infracon Infrastructure's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Meghna Infracon Infrastructure's Debt-to-EBITDA falls into.


NSE:MIIL
16GF Score
Meghna Infracon Infrastructure Ltd NSE:MIIL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Meghna Infracon Infrastructure Debt-to-EBITDA Calculation

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

Meghna Infracon Infrastructure'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
=(211.474 + 12.983) / 103.431
=2.17

Meghna Infracon Infrastructure'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
=(211.474 + 12.983) / 113.212
=1.98

* 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 1.98 mean?
Meghna Infracon Infrastructure (NSE:MIIL) has a Debt-to-EBITDA of 1.98 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 Meghna Infracon Infrastructure. This is 40% above median its historical median of 1.41. According to the industry distribution chart, Meghna Infracon Infrastructure ranks #335 out of 1277 companies in the Real Estate industry, placing it in the top 26.2%.
Is Meghna Infracon Infrastructure's Debt-to-EBITDA too high?
Meghna Infracon Infrastructure's current Debt-to-EBITDA of 1.98 is 40% above median its 10-year median of 1.41. The Real Estate industry median Debt-to-EBITDA is 5.49. Meghna Infracon Infrastructure's value of 1.98 is 63.9% below this industry median. Based on the distribution chart, Meghna Infracon Infrastructure ranks #335 out of 1277 companies in the Real Estate industry, which is above the industry midpoint. Overall, Meghna Infracon Infrastructure has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Meghna Infracon Infrastructure's Debt-to-EBITDA compare to ?
According to the Real Estate industry distribution chart, Meghna Infracon Infrastructure ranks #335 out of 1277 companies for Debt-to-EBITDA. This puts Meghna Infracon Infrastructure in the upper half of its industry. The industry median Debt-to-EBITDA is 5.49. Meghna Infracon Infrastructure's value of 1.98 is 63.9% below this benchmark. While the company's 10-year median is 1.41 vs. the industry median of 5.49, Meghna Infracon Infrastructure 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 Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.49, based on 1,277 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. Meghna Infracon Infrastructure's current Debt-to-EBITDA of 1.98 is 63.9% 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 Meghna Infracon Infrastructure. For the Real Estate industry, the median Debt-to-EBITDA is 5.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meghna Infracon Infrastructure's current Debt-to-EBITDA is 1.98, which is 40% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meghna Infracon Infrastructure stock overvalued right now?
Meghna Infracon Infrastructure (NSE:MIIL) has a current Debt-to-EBITDA of 1.98. The current Debt-to-EBITDA is 1.98, which is 40% above median its 10-year median of 1.41 and 63.9% below the Real Estate industry median of 5.49. Meghna Infracon Infrastructure's overall GF Score™ is 16/100 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 Meghna Infracon Infrastructure (NSE:MIIL), the current Debt-to-EBITDA is 1.98 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.

Meghna Infracon Infrastructure Business Description

Comparable Companies
Other Exchanges 538668:India
Address S.V. Road, 102/104, Shivam Chambers, Above Spectra Motors Showroom, Goregaon (West), Mumbai, MH, IND, 400062
Meghna Infracon Infrastructure Ltd is in the real estate sector. The company's project includes Ashraya Heights, Rasik CHS, Kamalalaya, Mukund Kunj, Nav Sudhir, Abhishek, Shillo Mahal, Sharad CHS, Rivaan, and Pai Niwas. The company generates revenue from the sale of shares.
16GF 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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