Sahaj Solar (NSE:SAHAJSOLAR) Debt-to-EBITDA : 2.06 (As of Mar. 2026) — 28% Below Median

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NSE:SAHAJSOLAR Sahaj Solar Ltd NSE:SAHAJSOLAR
44 GF Score
Price ₹115.60
! 8 Warning Signs
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What is Sahaj Solar Debt-to-EBITDA?

Sahaj Solar NSE:SAHAJSOLAR +0.65% 44 Debt-to-EBITDA is 2.06 as of Mar. 2026, which is 28% below its 10-year median of 2.86. GuruFocus rates NSE:SAHAJSOLAR with a GF Score™ of 44/100. The stock has 8 warning signs investors should review. Among 724 Semiconductors companies, Sahaj Solar ranks worse than 69.75% on this metric.

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

Sahaj Solar's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹1,296 Mil. Sahaj Solar's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹459 Mil. Sahaj Solar's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹852 Mil. Sahaj Solar's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.06.

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 Sahaj Solar's Debt-to-EBITDA or its related term are showing as below:

NSE:SAHAJSOLAR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.21   Med: 2.86   Max: 5.04
Current: 3.27

During the past 6 years, the highest Debt-to-EBITDA Ratio of Sahaj Solar was 5.04. The lowest was 1.21. And the median was 2.86.

NSE:SAHAJSOLAR's Debt-to-EBITDA is ranked worse than
69.75% of 724 companies
in the Semiconductors industry
Industry Median: 1.45 vs NSE:SAHAJSOLAR: 3.27

Sahaj Solar  (NSE:SAHAJSOLAR) 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.


Sahaj Solar Debt-to-EBITDA Related Terms


Sahaj Solar Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Sahaj Solar'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.

Sahaj Solar Debt-to-EBITDA Chart

Sahaj Solar Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial 4.40 1.21 2.44 1.33 3.27

Sahaj Solar Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 1.52 0.16 0.84 4.00 2.06

NSE:SAHAJSOLAR vs FSLR, NXT, ENPH: Debt-to-EBITDA Comparison

For the Solar subindustry, Sahaj Solar'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.


Sahaj Solar Debt-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Sahaj Solar's Debt-to-EBITDA distribution charts can be found below:

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


NSE:SAHAJSOLAR
44GF Score
Sahaj Solar Ltd NSE:SAHAJSOLAR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Sahaj Solar Debt-to-EBITDA Calculation

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

Sahaj Solar'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
=(1295.849 + 459.454) / 536.707
=3.27

Sahaj Solar'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
=(1295.849 + 459.454) / 851.634
=2.06

* 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 two times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.06 mean?
Sahaj Solar (NSE:SAHAJSOLAR) has a Debt-to-EBITDA of 2.06 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 Sahaj Solar. This is 28% below median its historical median of 2.86. Over the past decade, Sahaj Solar's Debt-to-EBITDA has ranged from 1.21 to 5.04. According to the industry distribution chart, Sahaj Solar ranks #505 out of 724 companies in the Semiconductors industry, placing it in the top 69.8%.
Is Sahaj Solar's Debt-to-EBITDA too high?
Sahaj Solar's current Debt-to-EBITDA of 2.06 is 28% below median its 10-year median of 2.86. Over the past 10 years, this metric has ranged from a low of 1.21 to a high of 5.04. The Semiconductors industry median Debt-to-EBITDA is 1.45. Sahaj Solar's value of 2.06 is 42.1% above this industry median. Based on the distribution chart, Sahaj Solar ranks #505 out of 724 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Sahaj Solar has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Sahaj Solar's Debt-to-EBITDA compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Sahaj Solar ranks #505 out of 724 companies for Debt-to-EBITDA. This places Sahaj Solar in the lower half of its industry. The industry median Debt-to-EBITDA is 1.45. Sahaj Solar's value of 2.06 is 42.1% above this benchmark. Historically, Sahaj Solar's own Debt-to-EBITDA has ranged from 1.21 to 5.04 over the past decade. While the company's 10-year median is 2.86 vs. the industry median of 1.45, Sahaj Solar 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 Semiconductors company?
The median Debt-to-EBITDA among Semiconductors companies is 1.45, based on 724 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. Sahaj Solar's current Debt-to-EBITDA of 2.06 is 42.1% 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 Sahaj Solar. For the Semiconductors industry, the median Debt-to-EBITDA is 1.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sahaj Solar's current Debt-to-EBITDA is 2.06, which is 28% below median its own 10-year median of 2.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sahaj Solar stock overvalued right now?
Sahaj Solar (NSE:SAHAJSOLAR) has a current Debt-to-EBITDA of 2.06. The current Debt-to-EBITDA is 2.06, which is 28% below median its 10-year median of 2.86 and 42.1% above the Semiconductors industry median of 1.45. Sahaj Solar's overall GF Score™ is 44/100 with 8 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 Sahaj Solar (NSE:SAHAJSOLAR), the current Debt-to-EBITDA is 2.06 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.

Sahaj Solar Business Description

Address Office No. 301, Ashirvad Paras, Opposite Prahladnagar Garden, Satellite, Ahmedabad, GJ, IND, 380051
Sahaj Solar Ltd is a renewable energy solution provider engaged majorly into three businesses being manufacturing of PV modules, providing solar water pumping systems and providing EPC services to PAN India customers. Its product include Solar Panel, Solar Water Pump, Solar Mobile Trolleys, Solar Home Light and etc.
44GF 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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