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Prakash IndustriesNSE:PRAKASH +0.84%77 Debt-to-EBITDA is 0.87 as of Mar. 2026, which is 37% below its 10-year median of 1.38. GuruFocus rates NSE:PRAKASH with a GF Score™ of 77/100 and a GF Value™ of ₹144.35 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 494 Steel companies, Prakash Industries ranks better than 78.34% 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 Prakash Industries's Debt-to-EBITDA or its related term are showing as below:
NSE:PRAKASH'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.66 Med: 1.38 Max: 2.72
Current: 0.95
During the past 13 years, the highest Debt-to-EBITDA Ratio of Prakash Industries was 2.72. The lowest was 0.66. And the median was 1.38.
NSE:PRAKASH's Debt-to-EBITDA is ranked better than 78.34% of 494
companies
in the Steel industry
Industry Median: 2.9
vs NSE:PRAKASH: 0.95
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.
Prakash Industries Debt-to-EBITDA Related Terms
Prakash Industries Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Prakash Industries'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:PRAKASH vs NUE, STLD, RS: Debt-to-EBITDA Comparison
For the Steel subindustry, Prakash Industries'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.
Prakash Industries Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Prakash Industries's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Prakash Industries'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.
Prakash Industries (NSE:PRAKASH) has a Debt-to-EBITDA of 0.87 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 Prakash Industries. This is 37% below median its historical median of 1.38. Over the past decade, Prakash Industries' Debt-to-EBITDA has ranged from 0.66 to 2.72. According to the industry distribution chart, Prakash Industries ranks #107 out of 494 companies in the Steel industry, placing it in the top 21.7%.
Is Prakash Industries' Debt-to-EBITDA too high?
Prakash Industries' current Debt-to-EBITDA of 0.87 is 37% below median its 10-year median of 1.38. Over the past 10 years, this metric has ranged from a low of 0.66 to a high of 2.72. The Steel industry median Debt-to-EBITDA is 2.90. Prakash Industries' value of 0.87 is 70% below this industry median. Based on the distribution chart, Prakash Industries ranks #107 out of 494 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Prakash Industries has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Prakash Industries' Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Prakash Industries ranks #107 out of 494 companies for Debt-to-EBITDA. This places Prakash Industries in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 2.90. Prakash Industries' value of 0.87 is 70% below this benchmark. Historically, Prakash Industries' own Debt-to-EBITDA has ranged from 0.66 to 2.72 over the past decade. While the company's 10-year median is 1.38 vs. the industry median of 2.90, Prakash Industries 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.90, based on 494 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. Prakash Industries's current Debt-to-EBITDA of 0.87 is 70% 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 Prakash Industries. For the Steel industry, the median Debt-to-EBITDA is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Industries's current Debt-to-EBITDA is 0.87, which is 37% below median its own 10-year median of 1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Industries stock overvalued right now?
Based on GuruFocus' analysis, Prakash Industries (NSE:PRAKASH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹144.35, compared to a current price of ₹126.29 — trading 12.5% below its estimated fair value. The current Debt-to-EBITDA is 0.87, which is 37% below median its 10-year median of 1.38 and 70% below the Steel industry median of 2.90. Prakash Industries' overall GF Score™ is 77/100 with 6 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 Prakash Industries (NSE:PRAKASH), the current Debt-to-EBITDA is 0.87 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 Prakash Industries (NSE:PRAKASH) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Industries stock appears to be undervalued.
The current stock price of ₹126.29 is trading 12.5% below its estimated GF Value™ of ₹144.35.
GuruFocus considers Prakash Industries to be Modestly Undervalued.
Key valuation signals for NSE:PRAKASH:
Debt-to-EBITDA: 0.87 (37% below median its 10-year median of 1.38)
GF Value™: ₹144.35 vs. price of ₹126.29 (12.5% below fair value)
Industry Position: 70% below the Steel median (#107 of 494)
No single metric tells the full story. See the NSE:PRAKASH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Industries Ltd is an integrated steel and power company, specializing in the manufacturing and sale of high-quality iron and steel products such as sponge iron, wire rods, TMT bars, and ferroalloys. The company operates an integrated steel plant in Chhattisgarh, utilizing cutting-edge coal-based sponge iron production techniques. Additionally, the company has forward integration with facilities producing value-added steel products and operates a captive power generation plant, making it self-reliant in energy needs. Focused on innovation, cost efficiency, and sustainable growth, the company delivers competitive products while expanding its footprint across India's steel and power sectors.
77GF 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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