Ramky InfrastructureNSE:RAMKY +4.21%78 Debt-to-EBITDA is 2.10 as of Mar. 2026, which is 57% below its 10-year median of 4.86. GuruFocus rates NSE:RAMKY with a GF Score™ of 78/100 and a GF Value™ of ₹526.38 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,401 Construction companies, Ramky Infrastructure ranks better than 65.67% 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 Ramky Infrastructure's Debt-to-EBITDA or its related term are showing as below:
NSE:RAMKY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.93 Med: 4.86 Max: 20.98
Current: 1.22
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ramky Infrastructure was 20.98. The lowest was 0.93. And the median was 4.86.
NSE:RAMKY's Debt-to-EBITDA is ranked better than 65.67% of 1401
companies
in the Construction industry
Industry Median: 2.19
vs NSE:RAMKY: 1.22
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.
Ramky Infrastructure Debt-to-EBITDA Related Terms
Ramky Infrastructure Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ramky Infrastructure'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:RAMKY vs PWR, FIX, EME: Debt-to-EBITDA Comparison
For the Engineering & Construction subindustry, Ramky Infrastructure'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.
Ramky Infrastructure Debt-to-EBITDA vs Construction Industry
For the Construction industry and Industrials sector, Ramky Infrastructure's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ramky Infrastructure'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.
Ramky Infrastructure (NSE:RAMKY) has a Debt-to-EBITDA of 2.10 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 Ramky Infrastructure. This is 57% below median its historical median of 4.86. Over the past decade, Ramky Infrastructure's Debt-to-EBITDA has ranged from 0.93 to 20.98. According to the industry distribution chart, Ramky Infrastructure ranks #481 out of 1401 companies in the Construction industry, placing it in the top 34.3%.
Is Ramky Infrastructure's Debt-to-EBITDA too high?
Ramky Infrastructure's current Debt-to-EBITDA of 2.10 is 57% below median its 10-year median of 4.86. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 20.98. The Construction industry median Debt-to-EBITDA is 2.19. Ramky Infrastructure's value of 2.10 is 4.1% below this industry median. Based on the distribution chart, Ramky Infrastructure ranks #481 out of 1401 companies in the Construction industry, which is above the industry midpoint. Overall, Ramky Infrastructure has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramky Infrastructure's Debt-to-EBITDA compare to PWR and FIX?
According to the Construction industry distribution chart, Ramky Infrastructure ranks #481 out of 1401 companies for Debt-to-EBITDA. This puts Ramky Infrastructure in the upper half of its industry. The industry median Debt-to-EBITDA is 2.19. Ramky Infrastructure's value of 2.10 is 4.1% below this benchmark. Historically, Ramky Infrastructure's own Debt-to-EBITDA has ranged from 0.93 to 20.98 over the past decade. While the company's 10-year median is 4.86 vs. the industry median of 2.19, Ramky Infrastructure 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 Construction company?
The median Debt-to-EBITDA among Construction companies is 2.19, based on 1,401 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. Ramky Infrastructure's current Debt-to-EBITDA of 2.10 is 4.1% 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 Ramky Infrastructure. For the Construction industry, the median Debt-to-EBITDA is 2.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramky Infrastructure's current Debt-to-EBITDA is 2.10, which is 57% below median its own 10-year median of 4.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramky Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Ramky Infrastructure (NSE:RAMKY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹526.38, compared to a current price of ₹403.55 — trading 23.3% below its estimated fair value. The current Debt-to-EBITDA is 2.10, which is 57% below median its 10-year median of 4.86 and 4.1% below the Construction industry median of 2.19. Ramky Infrastructure's overall GF Score™ is 78/100 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 Ramky Infrastructure (NSE:RAMKY), the current Debt-to-EBITDA is 2.10 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 Ramky Infrastructure (NSE:RAMKY) Overvalued in 2026?
Based on GuruFocus' analysis, Ramky Infrastructure stock appears to be undervalued.
The current stock price of ₹403.55 is trading 23.3% below its estimated GF Value™ of ₹526.38.
GuruFocus considers Ramky Infrastructure to be Modestly Undervalued.
Key valuation signals for NSE:RAMKY:
Debt-to-EBITDA: 2.10 (57% below median its 10-year median of 4.86)
GF Value™: ₹526.38 vs. price of ₹403.55 (23.3% below fair value)
Industry Position: 4.1% below the Construction median (#481 of 1401)
No single metric tells the full story. See the NSE:RAMKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramky Infrastructure Ltd is a construction, infrastructure development, and management company. It provides construction and civil engineering services. The company's segment includes the Construction business and Developer business. The Construction business segment, which accounts for the majority of revenue, undertakes various projects such as water and wastewater projects, irrigation projects, industrial construction projects, transportation projects, building construction projects, and power transmission and distribution projects. Its Developer business segment includes industrial parks, transportation, integrated townships, and energy. It operates in India.
78GF Score
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