MTAR Technologies (NSE:MTARTECH) Debt-to-EBITDA : 1.20 (As of Mar. 2026) — 43% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:MTARTECH MTAR Technologies Ltd NSE:MTARTECH
70 GF Score
Price ₹5,467.00
GF Value ₹3,575.68
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is MTAR Technologies Debt-to-EBITDA?

MTAR Technologies NSE:MTARTECH -5.00% 70 Debt-to-EBITDA is 1.20 as of Mar. 2026, which is 43% above its 10-year median of 0.84. GuruFocus rates NSE:MTARTECH with a GF Score™ of 70/100 and a GF Value™ of ₹3,575.68 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,332 Industrial Products companies, MTAR Technologies ranks worse than 53.73% on this metric.

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

MTAR Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹2,222 Mil. MTAR Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹1,544 Mil. MTAR Technologies's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹3,128 Mil. MTAR Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.20.

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 MTAR Technologies's Debt-to-EBITDA or its related term are showing as below:

NSE:MTARTECH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 0.84   Max: 1.98
Current: 1.98

During the past 9 years, the highest Debt-to-EBITDA Ratio of MTAR Technologies was 1.98. The lowest was 0.21. And the median was 0.84.

NSE:MTARTECH's Debt-to-EBITDA is ranked worse than
53.73% of 2332 companies
in the Industrial Products industry
Industry Median: 1.7 vs NSE:MTARTECH: 1.98

MTAR Technologies  (NSE:MTARTECH) 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.


MTAR Technologies Debt-to-EBITDA Related Terms


MTAR Technologies Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for MTAR Technologies'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.

MTAR Technologies Debt-to-EBITDA Chart

MTAR Technologies Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.96 0.84 1.66 1.41 1.98

MTAR Technologies 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 1.30 0.00 2.25 0.00 1.20

NSE:MTARTECH vs GEV, ETN, PH: Debt-to-EBITDA Comparison

For the Specialty Industrial Machinery subindustry, MTAR Technologies'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.


MTAR Technologies Debt-to-EBITDA vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, MTAR Technologies's Debt-to-EBITDA distribution charts can be found below:

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


NSE:MTARTECH
70GF Score
MTAR Technologies Ltd NSE:MTARTECH
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MTAR Technologies Debt-to-EBITDA Calculation

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

MTAR Technologies'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
=(2221.66 + 1543.99) / 1905.29
=1.98

MTAR Technologies'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
=(2221.66 + 1543.99) / 3128.04
=1.20

* 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 1.20 mean?
MTAR Technologies (NSE:MTARTECH) 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 MTAR Technologies. This is 43% above median its historical median of 0.84. Over the past decade, MTAR Technologies' Debt-to-EBITDA has ranged from 0.21 to 1.98. According to the industry distribution chart, MTAR Technologies ranks #1253 out of 2332 companies in the Industrial Products industry, placing it in the top 53.7%.
Is MTAR Technologies' Debt-to-EBITDA too high?
MTAR Technologies' current Debt-to-EBITDA of 1.20 is 43% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.98. The Industrial Products industry median Debt-to-EBITDA is 1.70. MTAR Technologies' value of 1.20 is 29.4% below this industry median. Based on the distribution chart, MTAR Technologies ranks #1253 out of 2332 companies in the Industrial Products industry, which is below the industry midpoint. Overall, MTAR Technologies has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MTAR Technologies' Debt-to-EBITDA compare to GEV and ETN?
According to the Industrial Products industry distribution chart, MTAR Technologies ranks #1253 out of 2332 companies for Debt-to-EBITDA. This places MTAR Technologies in the lower half of its industry. The industry median Debt-to-EBITDA is 1.70. MTAR Technologies' value of 1.20 is 29.4% below this benchmark. Historically, MTAR Technologies' own Debt-to-EBITDA has ranged from 0.21 to 1.98 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 1.70, MTAR Technologies 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 an Industrial Products company?
The median Debt-to-EBITDA among Industrial Products companies is 1.70, based on 2,332 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. MTAR Technologies's current Debt-to-EBITDA of 1.20 is 29.4% 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 MTAR Technologies. For the Industrial Products industry, the median Debt-to-EBITDA is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MTAR Technologies's current Debt-to-EBITDA is 1.20, which is 43% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MTAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, MTAR Technologies (NSE:MTARTECH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3,575.68, compared to a current price of ₹5,467.00 — trading 52.9% above its estimated fair value. The current Debt-to-EBITDA is 1.20, which is 43% above median its 10-year median of 0.84 and 29.4% below the Industrial Products industry median of 1.70. MTAR Technologies' overall GF Score™ is 70/100 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 MTAR Technologies (NSE:MTARTECH), 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 MTAR Technologies (NSE:MTARTECH) Overvalued in 2026?

Based on GuruFocus' analysis, MTAR Technologies stock appears to be overvalued. The current stock price of ₹5,467.00 is trading 52.9% above its estimated GF Value™ of ₹3,575.68. GuruFocus considers MTAR Technologies to be Significantly Overvalued.

Key valuation signals for NSE:MTARTECH:

  • Debt-to-EBITDA: 1.20 (43% above median its 10-year median of 0.84)
  • GF Value™: ₹3,575.68 vs. price of ₹5,467.00 (52.9% above fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 29.4% below the Industrial Products median (#1253 of 2332)

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


MTAR Technologies Business Description

Other Exchanges 543270:India
Address 18, Technocrats Industrial Estate, Balanagar, Hyderabad, TG, IND, 500 037
MTAR Technologies Ltd is a national player in the precision engineering industry. It is engaged in the manufacturing of mission-critical precision components with close tolerance and in critical assemblies through its precision machining, assembly, specialized fabrication, testing, and quality control processes. A wide range of complex product portfolios meets the varied requirements of the Nuclear, Space and Defence, and Clean Energy sector. Geographically, it operates in India as well as Outside India.
70GF Score

Get the complete analysis for NSE:MTARTECH

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

₹5,467.00
Price
₹3,575.68
GF Value