GAILF (GAIL (India)) Debt-to-Equity: 0.28 (As of Mar. 2026) — 87% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

GAILF GAIL (India) Ltd GAILF
90 GF Score
Price $10.75
GF Value $14.12
Valuation Modestly Undervalued
! 9 Warning Signs
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What is GAIL (India) Debt-to-Equity?

GAIL (India) GAILF 90 Debt-to-Equity is 0.28 as of Mar. 2026, which is 87% above its 10-year median of 0.15. GuruFocus rates GAILF with a GF Score™ of 90/100 and a GF Value™ of $14.12 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 474 Utilities - Regulated companies, GAIL (India) ranks better than 77.43% on this metric.

GAIL (India)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $787 Mil. GAIL (India)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,889 Mil. GAIL (India)'s Total Stockholders Equity for the quarter that ended in Mar. 2026 was $9,594 Mil. GAIL (India)'s debt to equity for the quarter that ended in Mar. 2026 was 0.28.

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 GAIL (India)'s Debt-to-Equity or its related term are showing as below:

GAILF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.15   Max: 0.28
Current: 0.28

During the past 13 years, the highest Debt-to-Equity Ratio of GAIL (India) was 0.28. The lowest was 0.05. And the median was 0.15.

GAILF's Debt-to-Equity is ranked better than
77.43% of 474 companies
in the Utilities - Regulated industry
Industry Median: 0.975 vs GAILF: 0.28

GAIL (India)  (OTCPK:GAILF) 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.


GAIL (India) Debt-to-Equity Related Terms


GAIL (India) Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for GAIL (India)'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.

GAIL (India) Debt-to-Equity Chart

GAIL (India) 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 0.14 0.27 0.28 0.25 0.28

GAIL (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.25 N/A 0.26 N/A 0.28

GAILF vs ATO, NI, UGI: Debt-to-Equity Comparison

For the Utilities - Regulated Gas subindustry, GAIL (India)'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.


GAIL (India) Debt-to-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, GAIL (India)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GAIL (India)'s Debt-to-Equity falls into.


GAILF
90GF Score
GAIL (India) Ltd GAILF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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GAIL (India) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GAIL (India)'s Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

GAIL (India)'s Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.28 mean?
GAIL (India) (GAILF) has a Debt-to-Equity of 0.28 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on GAIL (India) and its competitors. This is 87% above median its historical median of 0.15. Over the past decade, GAIL (India)'s Debt-to-Equity has ranged from 0.05 to 0.28. According to the industry distribution chart, GAIL (India) ranks #107 out of 474 companies in the Utilities - Regulated industry, placing it in the top 22.6%.
Is GAIL (India)'s Debt-to-Equity too high?
GAIL (India)'s current Debt-to-Equity of 0.28 is 87% above median its 10-year median of 0.15. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.28. The Utilities - Regulated industry median Debt-to-Equity is 0.98. GAIL (India)'s value of 0.28 is 71.3% below this industry median. Based on the distribution chart, GAIL (India) ranks #107 out of 474 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, GAIL (India) has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GAIL (India)'s Debt-to-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, GAIL (India) ranks #107 out of 474 companies for Debt-to-Equity. This places GAIL (India) in the top 23% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.98. GAIL (India)'s value of 0.28 is 71.3% below this benchmark. Historically, GAIL (India)'s own Debt-to-Equity has ranged from 0.05 to 0.28 over the past decade. While the company's 10-year median is 0.15 vs. the industry median of 0.98, GAIL (India) 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-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 0.98, based on 474 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GAIL (India)'s current Debt-to-Equity of 0.28 is 71.3% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on GAIL (India) and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GAIL (India)'s current Debt-to-Equity is 0.28, which is 87% above median its own 10-year median of 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GAIL (India) stock overvalued right now?
Based on GuruFocus' analysis, GAIL (India) (GAILF) is currently considered Modestly Undervalued. The stock's GF Value™ is $14.12, compared to a current price of $10.75 — trading 23.9% below its estimated fair value. The current Debt-to-Equity is 0.28, which is 87% above median its 10-year median of 0.15 and 71.3% below the Utilities - Regulated industry median of 0.98. GAIL (India)'s overall GF Score™ is 90/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For GAIL (India) (GAILF), the current Debt-to-Equity is 0.28 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.

Is GAIL (India) (GAILF) Overvalued in 2026?

Based on GuruFocus' analysis, GAIL (India) stock appears to be undervalued. The current stock price of $10.75 is trading 23.9% below its estimated GF Value™ of $14.12. GuruFocus considers GAIL (India) to be Modestly Undervalued.

Key valuation signals for GAILF:

  • Debt-to-Equity: 0.28 (87% above median its 10-year median of 0.15)
  • GF Value™: $14.12 vs. price of $10.75 (23.9% below fair value)
  • GF Score™: 90/100 with 9 warning signs
  • Industry Position: 71.3% below the Utilities - Regulated median (#107 of 474)

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


GAIL (India) Business Description

Address 16, Bhikaiji Cama Place, Gail Bhawan, R.K. Puram, New Delhi, IND, 110066
GAIL (India) Ltd is an Indian natural gas processing and distribution company of which the Government of India owns a majority of shares. GAIL India's core business is the sale and transmission of both natural gas and a variety of LPGs, or liquefied petroleum gases. The company segments its operations into Transmission services; Natural Gas Marketing; Petrochemicals; LPG and Other Liquid Hydrocarbon; and Other Segments, which includes City Gas Distribution (CGD), Exploration and Production (E&P), Compressed Bio Gas (CBG) & Power Generation. The company generates key revenue from Natural Gas Marketing.
90GF Score

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

$10.75
Price
$14.12
GF Value