Rain Industries (NSE:RAIN) Debt-to-EBITDA : 17.82 (As of Dec. 2025) — 315% Above Median

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NSE:RAIN Rain Industries Ltd NSE:RAIN
59 GF Score
Price ₹222.50
GF Value ₹169.02
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Rain Industries Debt-to-EBITDA?

Rain Industries NSE:RAIN +2.15% 59 Debt-to-EBITDA is 17.82 as of Dec. 2025, which is 315% above its 10-year median of 4.29. GuruFocus rates NSE:RAIN with a GF Score™ of 59/100 and a GF Value™ of ₹169.02 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,265 Chemicals companies, Rain Industries ranks worse than 94.47% on this metric.

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

Rain Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was ₹20,036 Mil. Rain Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was ₹78,205 Mil. Rain Industries's annualized EBITDA for the quarter that ended in Dec. 2025 was ₹5,513 Mil. Rain Industries's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 17.82.

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 Rain Industries's Debt-to-EBITDA or its related term are showing as below:

NSE:RAIN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.71   Med: 4.29   Max: 17.82
Current: 17.82

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rain Industries was 17.82. The lowest was 2.71. And the median was 4.29.

NSE:RAIN's Debt-to-EBITDA is ranked worse than
94.47% of 1265 companies
in the Chemicals industry
Industry Median: 1.99 vs NSE:RAIN: 17.82

Rain Industries  (NSE:RAIN) 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.


Rain Industries Debt-to-EBITDA Related Terms


Rain Industries Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Rain 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.

Rain Industries Debt-to-EBITDA Chart

Rain Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.36 2.71 7.99 5.71 4.38

Rain Industries Semi-Annual Data
Mar06 Mar07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
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 16.41 15.46 -15.42 22.20 17.82

NSE:RAIN vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Rain 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.


Rain Industries Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rain Industries's Debt-to-EBITDA distribution charts can be found below:

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


NSE:RAIN
59GF Score
Rain Industries Ltd NSE:RAIN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rain Industries Debt-to-EBITDA Calculation

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

Rain Industries's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20035.78 + 78204.63) / 22410.98
=4.38

Rain Industries's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20035.78 + 78204.63) / 5513.16
=17.82

* 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 one times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 17.82 mean?
Rain Industries (NSE:RAIN) has a Debt-to-EBITDA of 17.82 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Rain Industries. This is 315% above median its historical median of 4.29. Over the past decade, Rain Industries' Debt-to-EBITDA has ranged from 2.71 to 17.82. According to the industry distribution chart, Rain Industries ranks #1195 out of 1265 companies in the Chemicals industry, placing it in the top 94.5%.
Is Rain Industries' Debt-to-EBITDA too high?
Rain Industries' current Debt-to-EBITDA of 17.82 is 315% above median its 10-year median of 4.29. Over the past 10 years, this metric has ranged from a low of 2.71 to a high of 17.82. The Chemicals industry median Debt-to-EBITDA is 1.99. Rain Industries' value of 17.82 is 795.5% above this industry median. Based on the distribution chart, Rain Industries ranks #1195 out of 1265 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Rain Industries has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rain Industries' Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rain Industries ranks #1195 out of 1265 companies for Debt-to-EBITDA. This places Rain Industries in the lower half of its industry. The industry median Debt-to-EBITDA is 1.99. Rain Industries' value of 17.82 is 795.5% above this benchmark. Historically, Rain Industries' own Debt-to-EBITDA has ranged from 2.71 to 17.82 over the past decade. While the company's 10-year median is 4.29 vs. the industry median of 1.99, Rain Industries has consistently been above 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 1.99, based on 1,265 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. Rain Industries's current Debt-to-EBITDA of 17.82 is 795.5% above 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 Rain Industries. For the Chemicals industry, the median Debt-to-EBITDA is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rain Industries's current Debt-to-EBITDA is 17.82, which is 315% above median its own 10-year median of 4.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rain Industries stock overvalued right now?
Based on GuruFocus' analysis, Rain Industries (NSE:RAIN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹169.02, compared to a current price of ₹222.50 — trading 31.6% above its estimated fair value. The current Debt-to-EBITDA is 17.82, which is 315% above median its 10-year median of 4.29 and 795.5% above the Chemicals industry median of 1.99. Rain Industries' overall GF Score™ is 59/100 with 12 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 Rain Industries (NSE:RAIN), the current Debt-to-EBITDA is 17.82 as of Dec. 2025. 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 Rain Industries (NSE:RAIN) Overvalued in 2026?

Based on GuruFocus' analysis, Rain Industries stock appears to be overvalued. The current stock price of ₹222.50 is trading 31.6% above its estimated GF Value™ of ₹169.02. GuruFocus considers Rain Industries to be Significantly Overvalued.

Key valuation signals for NSE:RAIN:

  • Debt-to-EBITDA: 17.82 (315% above median its 10-year median of 4.29)
  • GF Value™: ₹169.02 vs. price of ₹222.50 (31.6% above fair value)
  • GF Score™: 59/100 with 12 warning signs
  • Industry Position: 795.5% above the Chemicals median (#1195 of 1265)

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


Rain Industries Business Description

Other Exchanges 500339:India
Address 34, Srinagar Colony, Rain Center, Hyderabad, TG, IND, 500073
Rain Industries Ltd engages in the production of cement and other related products. The group operates through three segments namely Carbon Products, Advance Materials, and Cement. The product portfolio of the group consists of Calcined Petroleum Coke, Green Petroleum Coke, Coal Tar Pitch, Co-generated Energy, and other derivatives of coal tar distillation. In addition, it also focuses on the downstream operations of coal tar distillation and modifiers and is also involved in the manufacture and sale of cement. Geographically, the business of the firm is spread across the region of Europe, the United States, North America, Asia, and others.
59GF Score

Get the complete analysis for NSE:RAIN

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

₹222.50
Price
₹169.02
GF Value