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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 S H Kelkar's Debt-to-EBITDA or its related term are showing as below:
NSE:SHK'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.42 Med: 2.56 Max: 3.61
Current: 3.12
During the past 12 years, the highest Debt-to-EBITDA Ratio of S H Kelkar was 3.61. The lowest was 0.42. And the median was 2.56.
NSE:SHK's Debt-to-EBITDA is ranked worse than 61.92% of 1242
companies
in the Chemicals industry
Industry Median: 2.14
vs NSE:SHK: 3.12
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.
S H Kelkar Debt-to-EBITDA Related Terms
S H Kelkar Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for S H Kelkar'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:SHK vs LIN, SHW, ECL: Debt-to-EBITDA Comparison
For the Specialty Chemicals subindustry, S H Kelkar'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.
S H Kelkar Debt-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, S H Kelkar's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where S H Kelkar'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.
S H Kelkar (NSE:SHK) 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 S H Kelkar. Over the past decade, S H Kelkar's Debt-to-EBITDA has ranged from 0.42 to 3.61. According to the industry distribution chart, S H Kelkar ranks #769 out of 1242 companies in the Chemicals industry, placing it in the top 61.9%.
Is S H Kelkar's Debt-to-EBITDA too high?
S H Kelkar's current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 3.61. Based on the distribution chart, S H Kelkar ranks #769 out of 1242 companies in the Chemicals industry, which is below the industry midpoint. Overall, S H Kelkar has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does S H Kelkar's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, S H Kelkar ranks #769 out of 1242 companies for Debt-to-EBITDA. This places S H Kelkar in the lower half of its industry. The industry median Debt-to-EBITDA is 2.14. Historically, S H Kelkar's own Debt-to-EBITDA has ranged from 0.42 to 3.61 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.14, based on 1,242 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 S H Kelkar. For the Chemicals industry, the median Debt-to-EBITDA is 2.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S H Kelkar'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 S H Kelkar stock overvalued right now?
Based on GuruFocus' analysis, S H Kelkar (NSE:SHK) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹244.05, compared to a current price of ₹164.25 — trading 32.7% below its estimated fair value. The current Debt-to-EBITDA is 0.00. S H Kelkar's overall GF Score™ is 80/100 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 S H Kelkar (NSE:SHK), 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 S H Kelkar (NSE:SHK) Overvalued in 2026?
Based on GuruFocus' analysis, S H Kelkar stock appears to be undervalued.
The current stock price of ₹164.25 is trading 32.7% below its estimated GF Value™ of ₹244.05.
GuruFocus considers S H Kelkar to be Significantly Undervalued.
Key valuation signals for NSE:SHK:
Debt-to-EBITDA: 0.00
GF Value™: ₹244.05 vs. price of ₹164.25 (32.7% below fair value)
No single metric tells the full story. See the NSE:SHK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
S H Kelkar & Co Ltd is an Indian manufacturer of personal care products. The company's operating segment includes Fragrances and Flavours. Fragrances segment manufactures and trade in Fragrances and aroma ingredients for Fragrances. It generates maximum revenue from the Fragrances segment. Geographically, it derives a majority of revenue from India. The company's fragrances portfolio includes personal care, hair care, skincare and cosmetics, fabric care, household products, and fine fragrances. Its flavours portfolio includes bakery, beverages, confectionery, dairy, savoury and others.
80GF Score
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