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Narmada AgrobaseNSE:NARMADA -7.73%62 Debt-to-EBITDA is 1.94 as of Mar. 2026, which is 54% below its 10-year median of 4.26. GuruFocus rates NSE:NARMADA with a GF Score™ of 62/100 and a GF Value™ of ₹5.95 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 203 Agriculture companies, Narmada Agrobase ranks better than 59.61% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Narmada Agrobase's Debt-to-EBITDA or its related term are showing as below:
NSE:NARMADA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.52 Med: 4.26 Max: 7.19
Current: 1.62
During the past 13 years, the highest Debt-to-EBITDA Ratio of Narmada Agrobase was 7.19. The lowest was 1.52. And the median was 4.26.
NSE:NARMADA's Debt-to-EBITDA is ranked better than 59.61% of 203
companies
in the Agriculture industry
Industry Median: 2.06
vs NSE:NARMADA: 1.62
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.
Narmada Agrobase Debt-to-EBITDA Related Terms
Narmada Agrobase Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Narmada Agrobase'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.
NSE:NARMADA vs CTVA, CF, MOS: Debt-to-EBITDA Comparison
For the Agricultural Inputs subindustry, Narmada Agrobase'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.
Narmada Agrobase Debt-to-EBITDA vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Narmada Agrobase's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Narmada Agrobase's Debt-to-EBITDA falls into.
* 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.
Narmada Agrobase (NSE:NARMADA) has a Debt-to-EBITDA of 1.94 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 Narmada Agrobase. This is 54% below median its historical median of 4.26. Over the past decade, Narmada Agrobase's Debt-to-EBITDA has ranged from 1.52 to 7.19. According to the industry distribution chart, Narmada Agrobase ranks #82 out of 203 companies in the Agriculture industry, placing it in the top 40.4%.
Is Narmada Agrobase's Debt-to-EBITDA too high?
Narmada Agrobase's current Debt-to-EBITDA of 1.94 is 54% below median its 10-year median of 4.26. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 7.19. The Agriculture industry median Debt-to-EBITDA is 2.06. Narmada Agrobase's value of 1.94 is 5.8% below this industry median. Based on the distribution chart, Narmada Agrobase ranks #82 out of 203 companies in the Agriculture industry, which is above the industry midpoint. Overall, Narmada Agrobase has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Narmada Agrobase's Debt-to-EBITDA compare to CTVA and CF?
According to the Agriculture industry distribution chart, Narmada Agrobase ranks #82 out of 203 companies for Debt-to-EBITDA. This puts Narmada Agrobase in the upper half of its industry. The industry median Debt-to-EBITDA is 2.06. Narmada Agrobase's value of 1.94 is 5.8% below this benchmark. Historically, Narmada Agrobase's own Debt-to-EBITDA has ranged from 1.52 to 7.19 over the past decade. While the company's 10-year median is 4.26 vs. the industry median of 2.06, Narmada Agrobase 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 Agriculture company?
The median Debt-to-EBITDA among Agriculture companies is 2.06, 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. Narmada Agrobase's current Debt-to-EBITDA of 1.94 is 5.8% 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 Narmada Agrobase. For the Agriculture industry, the median Debt-to-EBITDA is 2.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Narmada Agrobase's current Debt-to-EBITDA is 1.94, which is 54% below median its own 10-year median of 4.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Narmada Agrobase stock overvalued right now?
Based on GuruFocus' analysis, Narmada Agrobase (NSE:NARMADA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹5.95, compared to a current price of ₹13.85 — trading 132.8% above its estimated fair value. The current Debt-to-EBITDA is 1.94, which is 54% below median its 10-year median of 4.26 and 5.8% below the Agriculture industry median of 2.06. Narmada Agrobase's overall GF Score™ is 62/100 with 5 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 Narmada Agrobase (NSE:NARMADA), the current Debt-to-EBITDA is 1.94 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 Narmada Agrobase (NSE:NARMADA) Overvalued in 2026?
Based on GuruFocus' analysis, Narmada Agrobase stock appears to be overvalued.
The current stock price of ₹13.85 is trading 132.8% above its estimated GF Value™ of ₹5.95.
GuruFocus considers Narmada Agrobase to be Significantly Overvalued.
Key valuation signals for NSE:NARMADA:
Debt-to-EBITDA: 1.94 (54% below median its 10-year median of 4.26)
GF Value™: ₹5.95 vs. price of ₹13.85 (132.8% above fair value)
Industry Position: 5.8% below the Agriculture median (#82 of 203)
No single metric tells the full story. See the NSE:NARMADA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Narmada Agrobase Ltd is engaged in the manufacturing and processing of cotton seed meal cake, cattle feeds and soya bean meal. Its product portfolio includes Cattle Feeds; Cotton Seeds Meal Cake; Cotton Seed Meal Grinder; Delinted Cotton Seeds; Guar Meal; Cotton Linter; and Neem Cake Fertilizer. The company's only operating segment being the manufacturing of delinted cotton seeds.
62GF Score
Get the complete analysis for NSE:NARMADA
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