Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) Debt-to-EBITDA : 5.72 (As of Mar. 2026) — 1067% Above Median

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NSE:SHKSIL Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
21 GF Score
Price ₹34.30
! 7 Warning Signs
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What is Shri Hare-Krishna Sponge Iron Debt-to-EBITDA?

Shri Hare-Krishna Sponge Iron NSE:SHKSIL +2.54% 21 Debt-to-EBITDA is 5.72 as of Mar. 2026, which is 1067% above its 10-year median of 0.49. GuruFocus rates NSE:SHKSIL with a GF Score™ of 21/100. The stock has 7 warning signs investors should review. Among 498 Steel companies, Shri Hare-Krishna Sponge Iron ranks worse than 51.81% on this metric.

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

Shri Hare-Krishna Sponge Iron's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹43.5 Mil. Shri Hare-Krishna Sponge Iron's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹243.5 Mil. Shri Hare-Krishna Sponge Iron's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹50.2 Mil. Shri Hare-Krishna Sponge Iron's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 5.72.

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 Shri Hare-Krishna Sponge Iron's Debt-to-EBITDA or its related term are showing as below:

NSE:SHKSIL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05   Med: 0.49   Max: 2.95
Current: 2.95

During the past 5 years, the highest Debt-to-EBITDA Ratio of Shri Hare-Krishna Sponge Iron was 2.95. The lowest was 0.05. And the median was 0.49.

NSE:SHKSIL's Debt-to-EBITDA is ranked worse than
51.81% of 498 companies
in the Steel industry
Industry Median: 2.775 vs NSE:SHKSIL: 2.95

Shri Hare-Krishna Sponge Iron  (NSE:SHKSIL) 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.


Shri Hare-Krishna Sponge Iron Debt-to-EBITDA Related Terms


Shri Hare-Krishna Sponge Iron Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Shri Hare-Krishna Sponge Iron'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.

Shri Hare-Krishna Sponge Iron Debt-to-EBITDA Chart

Shri Hare-Krishna Sponge Iron Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
0.06 0.05 0.49 0.81 2.95

Shri Hare-Krishna Sponge Iron Semi-Annual Data
Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-EBITDA Get a 7-Day Free Trial N/A 0.00 0.83 1.36 5.72

NSE:SHKSIL vs NUE, STLD, RS: Debt-to-EBITDA Comparison

For the Steel subindustry, Shri Hare-Krishna Sponge Iron'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.


Shri Hare-Krishna Sponge Iron Debt-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Shri Hare-Krishna Sponge Iron's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shri Hare-Krishna Sponge Iron's Debt-to-EBITDA falls into.


NSE:SHKSIL
21GF Score
Shri Hare-Krishna Sponge Iron Ltd NSE:SHKSIL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Hare-Krishna Sponge Iron Debt-to-EBITDA Calculation

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

Shri Hare-Krishna Sponge Iron'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
=(43.549 + 243.468) / 97.318
=2.95

Shri Hare-Krishna Sponge Iron'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
=(43.549 + 243.468) / 50.182
=5.72

* 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 5.72 mean?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a Debt-to-EBITDA of 5.72 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 Shri Hare-Krishna Sponge Iron. This is 1067% above median its historical median of 0.49. Over the past decade, Shri Hare-Krishna Sponge Iron's Debt-to-EBITDA has ranged from 0.05 to 2.95. According to the industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #258 out of 498 companies in the Steel industry, placing it in the top 51.8%.
Is Shri Hare-Krishna Sponge Iron's Debt-to-EBITDA too high?
Shri Hare-Krishna Sponge Iron's current Debt-to-EBITDA of 5.72 is 1067% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 2.95. The Steel industry median Debt-to-EBITDA is 2.78. Shri Hare-Krishna Sponge Iron's value of 5.72 is 106.1% above this industry median. Based on the distribution chart, Shri Hare-Krishna Sponge Iron ranks #258 out of 498 companies in the Steel industry, which is below the industry midpoint. Overall, Shri Hare-Krishna Sponge Iron has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Shri Hare-Krishna Sponge Iron's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Shri Hare-Krishna Sponge Iron ranks #258 out of 498 companies for Debt-to-EBITDA. This places Shri Hare-Krishna Sponge Iron in the lower half of its industry. The industry median Debt-to-EBITDA is 2.78. Shri Hare-Krishna Sponge Iron's value of 5.72 is 106.1% above this benchmark. Historically, Shri Hare-Krishna Sponge Iron's own Debt-to-EBITDA has ranged from 0.05 to 2.95 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 2.78, Shri Hare-Krishna Sponge Iron 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 Steel company?
The median Debt-to-EBITDA among Steel companies is 2.78, based on 498 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. Shri Hare-Krishna Sponge Iron's current Debt-to-EBITDA of 5.72 is 106.1% 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 Shri Hare-Krishna Sponge Iron. For the Steel industry, the median Debt-to-EBITDA is 2.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shri Hare-Krishna Sponge Iron's current Debt-to-EBITDA is 5.72, which is 1067% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Hare-Krishna Sponge Iron stock overvalued right now?
Shri Hare-Krishna Sponge Iron (NSE:SHKSIL) has a current Debt-to-EBITDA of 5.72. The current Debt-to-EBITDA is 5.72, which is 1067% above median its 10-year median of 0.49 and 106.1% above the Steel industry median of 2.78. Shri Hare-Krishna Sponge Iron's overall GF Score™ is 21/100 with 7 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 Shri Hare-Krishna Sponge Iron (NSE:SHKSIL), the current Debt-to-EBITDA is 5.72 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.

Shri Hare-Krishna Sponge Iron Business Description

Address Phase-II, Plot No.106, Industrial Growth Centre, Siltara, Raipur, CT, IND, 493111
Shri Hare-Krishna Sponge Iron Ltd is engaged in the business of manufacturing and selling of Sponge Iron. Sponge iron is mainly used as a raw material for steel production in electric arc furnaces and induction furnaces. Through its sponge iron business, it caters to the metallic requirements of steel producers in selected geographies.
21GF 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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