Shivagrico Implements (BOM:522237) Debt-to-Equity: (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:522237 Shivagrico Implements Ltd BOM:522237
64 GF Score
Price ₹22.52
GF Value ₹28.55
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Shivagrico Implements Debt-to-Equity?

Shivagrico Implements's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. Shivagrico Implements's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. Shivagrico Implements's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹ Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Shivagrico Implements's Debt-to-Equity or its related term are showing as below:

BOM:522237' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.23   Med: 2.13   Max: 2.94
Current: 2.12

During the past 13 years, the highest Debt-to-Equity Ratio of Shivagrico Implements was 2.94. The lowest was 1.23. And the median was 2.13.

BOM:522237's Debt-to-Equity is ranked worse than
96.32% of 2692 companies
in the Industrial Products industry
Industry Median: 0.29 vs BOM:522237: 2.12

Shivagrico Implements  (BOM:522237) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Shivagrico Implements Debt-to-Equity Related Terms

Shivagrico Implements Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Shivagrico Implements's Debt-to-Equity 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.

Shivagrico Implements Debt-to-Equity Chart

Shivagrico Implements Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.58 2.33 2.59 2.01 2.12

Shivagrico Implements Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.99 - 2.12 -

BOM:522237 vs SNA, RBC, LECO: Debt-to-Equity Comparison

For the Tools & Accessories subindustry, Shivagrico Implements's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Shivagrico Implements Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shivagrico Implements's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Shivagrico Implements's Debt-to-Equity falls into.


BOM:522237
64GF Score
Shivagrico Implements Ltd BOM:522237
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shivagrico Implements Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shivagrico Implements's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(156.914 + 18.784) / 82.907
=2.12

Shivagrico Implements's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=( + ) /
=N/A

* 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.

Is Shivagrico Implements (BOM:522237) Overvalued in 2026?

Based on GuruFocus' analysis, Shivagrico Implements stock appears to be undervalued. The current stock price of ₹22.52 is trading 21.1% below its estimated GF Value™ of ₹28.55. GuruFocus considers Shivagrico Implements to be Modestly Undervalued.

Key valuation signals for BOM:522237:

  • Debt-to-Equity:
  • GF Value™: ₹28.55 vs. price of ₹22.52 (21.1% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the BOM:522237 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shivagrico Implements Business Description

Address 281, Tardeo Road, A-1, Ground Floor, Adinath Apartments, Mumbai, MH, IND, 400 007
Shivagrico Implements Ltd mainly deals in the rolling and forging of agricultural implements and other products. Its product portfolio comprises hot-rolled flats, bars, rounds, angles, and more, for both market sales as well as for captive self-consumption. In addition, it offers various hand tools and implements such as pickaxes of different types, crowbars, digging bars, hoes, pick mattocks, etc. The company is engaged in a single operating segment, the Rolling and Forging division. Geographically, the company derives maximum revenue from its business in India, and also has some exposure to overseas markets.
64GF Score

Get the complete analysis for BOM:522237

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹22.52
Price
₹28.55
GF Value