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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 Novartis India's Debt-to-EBITDA or its related term are showing as below:
NSE:NOVARTIND'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.18 Max: 2.25
Current: 0.02
During the past 13 years, the highest Debt-to-EBITDA Ratio of Novartis India was 2.25. The lowest was 0.02. And the median was 0.18.
NSE:NOVARTIND's Debt-to-EBITDA is ranked better than 97.51% of 682
companies
in the Drug Manufacturers industry
Industry Median: 1.59
vs NSE:NOVARTIND: 0.02
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.
Novartis India Debt-to-EBITDA Related Terms
Novartis India Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Novartis India'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.
For the Drug Manufacturers - Specialty & Generic subindustry, Novartis India'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.
Novartis India Debt-to-EBITDA vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Novartis India's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Novartis India'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 (Jun. 2026) EBITDA data.
Novartis India (NSE:NOVARTIND) has a Debt-to-EBITDA of 0.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Novartis India. Over the past decade, Novartis India's Debt-to-EBITDA has ranged from 0.02 to 2.25. According to the industry distribution chart, Novartis India ranks #17 out of 682 companies in the Drug Manufacturers industry, placing it in the top 2.5%.
Is Novartis India's Debt-to-EBITDA too high?
Novartis India's current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 2.25. Based on the distribution chart, Novartis India ranks #17 out of 682 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Novartis India has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Novartis India's Debt-to-EBITDA compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Novartis India ranks #17 out of 682 companies for Debt-to-EBITDA. This places Novartis India in the top 3% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.59. Historically, Novartis India's own Debt-to-EBITDA has ranged from 0.02 to 2.25 over the past decade. 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 Drug Manufacturers company?
The median Debt-to-EBITDA among Drug Manufacturers companies is 1.59, based on 682 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. 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 Novartis India. For the Drug Manufacturers industry, the median Debt-to-EBITDA is 1.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novartis India's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novartis India stock overvalued right now?
Based on GuruFocus' analysis, Novartis India (NSE:NOVARTIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,040.75, compared to a current price of ₹1,486.30 — trading 42.8% above its estimated fair value. The current Debt-to-EBITDA is 0.00. Novartis India's overall GF Score™ is 69/100 with 3 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 Novartis India (NSE:NOVARTIND), the current Debt-to-EBITDA is 0.00 as of Jun. 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 Novartis India (NSE:NOVARTIND) Overvalued in 2026?
Based on GuruFocus' analysis, Novartis India stock appears to be overvalued.
The current stock price of ₹1,486.30 is trading 42.8% above its estimated GF Value™ of ₹1,040.75.
GuruFocus considers Novartis India to be Significantly Overvalued.
Key valuation signals for NSE:NOVARTIND:
Debt-to-EBITDA: 0.00
GF Value™: ₹1,040.75 vs. price of ₹1,486.30 (42.8% above fair value)
No single metric tells the full story. See the NSE:NOVARTIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novartis India Ltd is an Indian-based pharmaceutical company. The company is engaged in the trading of Drugs and Pharmaceuticals. It derives revenue from operations in India. The company operates in a single business segment, namely Pharmaceutical Business. Its Pharmaceutical business focuses on Bone and Pain, Transplantation Immunology, and Neurosciences.
69GF Score
Get the complete analysis for NSE:NOVARTIND
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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