Nila Spaces (NSE:NILASPACES) Debt-to-EBITDA : 0.98 (As of Mar. 2026) — 62% Below 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:NILASPACES Nila Spaces Ltd NSE:NILASPACES
82 GF Score
Price ₹11.84
GF Value ₹19.25
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Nila Spaces Debt-to-EBITDA?

Nila Spaces NSE:NILASPACES -0.17% 82 Debt-to-EBITDA is 0.98 as of Mar. 2026, which is 62% below its 10-year median of 2.58. GuruFocus rates NSE:NILASPACES with a GF Score™ of 82/100 and a GF Value™ of ₹19.25 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,273 Real Estate companies, Nila Spaces ranks better than 84.21% on this metric.

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

Nila Spaces's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹112 Mil. Nila Spaces's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹675 Mil. Nila Spaces's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹802 Mil. Nila Spaces's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.98.

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 Nila Spaces's Debt-to-EBITDA or its related term are showing as below:

NSE:NILASPACES' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05   Med: 2.58   Max: 8.88
Current: 1.12

During the past 11 years, the highest Debt-to-EBITDA Ratio of Nila Spaces was 8.88. The lowest was 0.05. And the median was 2.58.

NSE:NILASPACES's Debt-to-EBITDA is ranked better than
84.21% of 1273 companies
in the Real Estate industry
Industry Median: 5.62 vs NSE:NILASPACES: 1.12

Nila Spaces  (NSE:NILASPACES) 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.


Nila Spaces Debt-to-EBITDA Related Terms


Nila Spaces Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Nila Spaces'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.

Nila Spaces Debt-to-EBITDA Chart

Nila Spaces 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 0.00 0.00 0.05 0.23 1.12

Nila Spaces 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 0.20 0.00 1.66 0.00 0.98

Nila Spaces Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, Nila Spaces'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.


Nila Spaces Debt-to-EBITDA vs Real Estate Industry

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

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


NSE:NILASPACES
82GF Score
Nila Spaces Ltd NSE:NILASPACES
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nila Spaces Debt-to-EBITDA Calculation

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

Nila Spaces'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
=(111.77 + 675.047) / 703.855
=1.12

Nila Spaces'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
=(111.77 + 675.047) / 802.484
=0.98

* 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 0.98 mean?
Nila Spaces (NSE:NILASPACES) has a Debt-to-EBITDA of 0.98 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 Nila Spaces. This is 62% below median its historical median of 2.58. Over the past decade, Nila Spaces' Debt-to-EBITDA has ranged from 0.05 to 8.88. According to the industry distribution chart, Nila Spaces ranks #201 out of 1273 companies in the Real Estate industry, placing it in the top 15.8%.
Is Nila Spaces' Debt-to-EBITDA too high?
Nila Spaces' current Debt-to-EBITDA of 0.98 is 62% below median its 10-year median of 2.58. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 8.88. The Real Estate industry median Debt-to-EBITDA is 5.62. Nila Spaces' value of 0.98 is 82.6% below this industry median. Based on the distribution chart, Nila Spaces ranks #201 out of 1273 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Nila Spaces has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nila Spaces' Debt-to-EBITDA compare to competitors?
According to the Real Estate industry distribution chart, Nila Spaces ranks #201 out of 1273 companies for Debt-to-EBITDA. This places Nila Spaces in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 5.62. Nila Spaces' value of 0.98 is 82.6% below this benchmark. Historically, Nila Spaces' own Debt-to-EBITDA has ranged from 0.05 to 8.88 over the past decade. While the company's 10-year median is 2.58 vs. the industry median of 5.62, Nila Spaces 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 5.62, based on 1,273 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. Nila Spaces's current Debt-to-EBITDA of 0.98 is 82.6% 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 Nila Spaces. For the Real Estate industry, the median Debt-to-EBITDA is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nila Spaces's current Debt-to-EBITDA is 0.98, which is 62% below median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nila Spaces stock overvalued right now?
Based on GuruFocus' analysis, Nila Spaces (NSE:NILASPACES) is currently considered Possible Value Trap. The stock's GF Value™ is ₹19.25, compared to a current price of ₹11.84 — trading 38.5% below its estimated fair value. The current Debt-to-EBITDA is 0.98, which is 62% below median its 10-year median of 2.58 and 82.6% below the Real Estate industry median of 5.62. Nila Spaces' overall GF Score™ is 82/100 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 Nila Spaces (NSE:NILASPACES), the current Debt-to-EBITDA is 0.98 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.

Is Nila Spaces (NSE:NILASPACES) Overvalued in 2026?

Based on GuruFocus' analysis, Nila Spaces stock appears to be undervalued. The current stock price of ₹11.84 is trading 38.5% below its estimated GF Value™ of ₹19.25. GuruFocus considers Nila Spaces to be Possible Value Trap.

Key valuation signals for NSE:NILASPACES:

  • Debt-to-EBITDA: 0.98 (62% below median its 10-year median of 2.58)
  • GF Value™: ₹19.25 vs. price of ₹11.84 (38.5% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 82.6% below the Real Estate median (#201 of 1273)

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


Nila Spaces Business Description

Other Exchanges 542231:India
Address 1st Floor, Sambhaav House, Opposite Chief Justices Bungalow, Bodakdev, Ahmedabad, GJ, IND, 380015
Nila Spaces Ltd is a real estate development company. It is engaged in developing real estate, which comprises residential and commercial projects. It operates under one segment, Construction and Development of Buildings for sale and other Real Estate activities.
82GF Score

Get the complete analysis for NSE:NILASPACES

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

₹11.84
Price
₹19.25
GF Value