Tunwal E-Motors (NSE:TUNWAL) Debt-to-EBITDA : 1.27 (As of Mar. 2026) — 45% Below Median

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NSE:TUNWAL Tunwal E-Motors Ltd NSE:TUNWAL
47 GF Score
Price ₹25.20
! 6 Warning Signs
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What is Tunwal E-Motors Debt-to-EBITDA?

Tunwal E-Motors NSE:TUNWAL +0.79% 47 Debt-to-EBITDA is 1.27 as of Mar. 2026, which is 45% below its 10-year median of 2.30. GuruFocus rates NSE:TUNWAL with a GF Score™ of 47/100. The stock has 6 warning signs investors should review. Among 1,102 Vehicles & Parts companies, Tunwal E-Motors ranks better than 67.51% on this metric.

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

Tunwal E-Motors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹196 Mil. Tunwal E-Motors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹75 Mil. Tunwal E-Motors's annualized EBITDA for the quarter that ended in Mar. 2026 was ₹171 Mil. Tunwal E-Motors's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 1.58.

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 Tunwal E-Motors's Debt-to-EBITDA or its related term are showing as below:

NSE:TUNWAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.1   Med: 2.3   Max: 7.94
Current: 1.27

During the past 6 years, the highest Debt-to-EBITDA Ratio of Tunwal E-Motors was 7.94. The lowest was 1.10. And the median was 2.30.

NSE:TUNWAL's Debt-to-EBITDA is ranked better than
67.51% of 1102 companies
in the Vehicles & Parts industry
Industry Median: 2.275 vs NSE:TUNWAL: 1.27

Tunwal E-Motors  (NSE:TUNWAL) 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.


Tunwal E-Motors Debt-to-EBITDA Related Terms


Tunwal E-Motors Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tunwal E-Motors'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.

Tunwal E-Motors Debt-to-EBITDA Chart

Tunwal E-Motors Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial 2.99 2.84 1.10 1.76 1.27

Tunwal E-Motors Semi-Annual Data
Sep24 Mar25 Sep25 Mar26
Debt-to-EBITDA 4.18 1.76 1.45 1.27

NSE:TUNWAL vs TSLA, GM, F: Debt-to-EBITDA Comparison

For the Auto Manufacturers subindustry, Tunwal E-Motors'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.


Tunwal E-Motors Debt-to-EBITDA vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tunwal E-Motors's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tunwal E-Motors's Debt-to-EBITDA falls into.


NSE:TUNWAL
47GF Score
Tunwal E-Motors Ltd NSE:TUNWAL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Tunwal E-Motors Debt-to-EBITDA Calculation

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

Tunwal E-Motors'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
=(196.462 + 74.915) / 213.332
=1.27

Tunwal E-Motors'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
=(196.462 + 74.915) / 171.342
=1.58

* 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 1.27 mean?
Tunwal E-Motors (NSE:TUNWAL) has a Debt-to-EBITDA of 1.27 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 Tunwal E-Motors. This is 45% below median its historical median of 2.30. Over the past decade, Tunwal E-Motors' Debt-to-EBITDA has ranged from 1.10 to 7.94. According to the industry distribution chart, Tunwal E-Motors ranks #358 out of 1102 companies in the Vehicles & Parts industry, placing it in the top 32.5%.
Is Tunwal E-Motors' Debt-to-EBITDA too high?
Tunwal E-Motors' current Debt-to-EBITDA of 1.27 is 45% below median its 10-year median of 2.30. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 7.94. The Vehicles & Parts industry median Debt-to-EBITDA is 2.28. Tunwal E-Motors' value of 1.27 is 44.2% below this industry median. Based on the distribution chart, Tunwal E-Motors ranks #358 out of 1102 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Tunwal E-Motors has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Tunwal E-Motors' Debt-to-EBITDA compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Tunwal E-Motors ranks #358 out of 1102 companies for Debt-to-EBITDA. This puts Tunwal E-Motors in the upper half of its industry. The industry median Debt-to-EBITDA is 2.28. Tunwal E-Motors' value of 1.27 is 44.2% below this benchmark. Historically, Tunwal E-Motors' own Debt-to-EBITDA has ranged from 1.10 to 7.94 over the past decade. While the company's 10-year median is 2.30 vs. the industry median of 2.28, Tunwal E-Motors 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 Vehicles & Parts company?
The median Debt-to-EBITDA among Vehicles & Parts companies is 2.28, based on 1,102 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. Tunwal E-Motors's current Debt-to-EBITDA of 1.27 is 44.2% 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 Tunwal E-Motors. For the Vehicles & Parts industry, the median Debt-to-EBITDA is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tunwal E-Motors's current Debt-to-EBITDA is 1.27, which is 45% below median its own 10-year median of 2.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tunwal E-Motors stock overvalued right now?
Tunwal E-Motors (NSE:TUNWAL) has a current Debt-to-EBITDA of 1.27. The current Debt-to-EBITDA is 1.27, which is 45% below median its 10-year median of 2.30 and 44.2% below the Vehicles & Parts industry median of 2.28. Tunwal E-Motors' overall GF Score™ is 47/100 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 Tunwal E-Motors (NSE:TUNWAL), the current Debt-to-EBITDA is 1.27 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.

Tunwal E-Motors Business Description

Address Rama Icon Commercial Building, Office No 501, 5th Floor, S.No 24/2, C.T.S No. 2164, Plot No. 31/11 Sadashiv Peth, Pune, MH, IND, 411030
Tunwal E-Motors Ltd is an Indian manufacturer of electric two-wheelers, including electric scooters and motorcycles. The company designs, develops, manufactures, and distributes its vehicles, offering a range of models across categories such as the Mini, Lithino, Storm, Roma, and Alfa lines, with multiple variants differing in battery type, voltage, and range. Its products serve individual retail customers in India seeking low-speed and high-speed electric two-wheelers for urban and semi-urban commuting. Tunwal sells through a network of authorized dealers and distributors across multiple Indian states, and also markets some models online. Revenue is generated primarily through vehicle sales, supported by spare parts and after-sales service. The company's manufacturing operations are based in India, and its market is predominantly domestic.
47GF 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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