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Dollar IndustriesNSE:DOLLAR -0.85%82 Debt-to-Equity is 0.31 as of Mar. 2026, which is 24% below its 10-year median of 0.41. GuruFocus rates NSE:DOLLAR with a GF Score™ of 82/100 and a GF Value™ of ₹537.88 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 932 Manufacturing - Apparel & Accessories companies, Dollar Industries ranks better than 58.05% on this metric.
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 Dollar Industries's Debt-to-Equity or its related term are showing as below:
NSE:DOLLAR'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.41 Max: 1.2
Current: 0.31
During the past 13 years, the highest Debt-to-Equity Ratio of Dollar Industries was 1.20. The lowest was 0.24. And the median was 0.41.
NSE:DOLLAR's Debt-to-Equity is ranked better than 58.05% of 932
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.42
vs NSE:DOLLAR: 0.31
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.
Dollar Industries Debt-to-Equity Related Terms
Dollar Industries Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Dollar Industries'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.
NSE:DOLLAR vs RL, LEVI, VFC: Debt-to-Equity Comparison
For the Apparel Manufacturing subindustry, Dollar Industries'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.
Dollar Industries Debt-to-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Dollar Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Dollar Industries's Debt-to-Equity 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.
Dollar Industries (NSE:DOLLAR) has a Debt-to-Equity of 0.31 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dollar Industries and its competitors. This is 24% below median its historical median of 0.41. Over the past decade, Dollar Industries' Debt-to-Equity has ranged from 0.24 to 1.20. According to the industry distribution chart, Dollar Industries ranks #391 out of 932 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 42%.
Is Dollar Industries' Debt-to-Equity too high?
Dollar Industries' current Debt-to-Equity of 0.31 is 24% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.20. The Manufacturing - Apparel & Accessories industry median Debt-to-Equity is 0.42. Dollar Industries' value of 0.31 is 26.2% below this industry median. Based on the distribution chart, Dollar Industries ranks #391 out of 932 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Dollar Industries has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dollar Industries' Debt-to-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Dollar Industries ranks #391 out of 932 companies for Debt-to-Equity. This puts Dollar Industries in the upper half of its industry. The industry median Debt-to-Equity is 0.42. Dollar Industries' value of 0.31 is 26.2% below this benchmark. Historically, Dollar Industries' own Debt-to-Equity has ranged from 0.24 to 1.20 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.42, Dollar Industries 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 a Manufacturing - Apparel & Accessories company?
The median Debt-to-Equity among Manufacturing - Apparel & Accessories companies is 0.42, based on 932 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. Dollar Industries's current Debt-to-Equity of 0.31 is 26.2% 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-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 Dollar Industries and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dollar Industries's current Debt-to-Equity is 0.31, which is 24% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dollar Industries stock overvalued right now?
Based on GuruFocus' analysis, Dollar Industries (NSE:DOLLAR) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹537.88, compared to a current price of ₹279.50 — trading 48% below its estimated fair value. The current Debt-to-Equity is 0.31, which is 24% below median its 10-year median of 0.41 and 26.2% below the Manufacturing - Apparel & Accessories industry median of 0.42. Dollar Industries' overall GF Score™ is 82/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Dollar Industries (NSE:DOLLAR), the current Debt-to-Equity is 0.31 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 Dollar Industries (NSE:DOLLAR) Overvalued in 2026?
Based on GuruFocus' analysis, Dollar Industries stock appears to be undervalued.
The current stock price of ₹279.50 is trading 48% below its estimated GF Value™ of ₹537.88.
GuruFocus considers Dollar Industries to be Significantly Undervalued.
Key valuation signals for NSE:DOLLAR:
Debt-to-Equity: 0.31 (24% below median its 10-year median of 0.41)
GF Value™: ₹537.88 vs. price of ₹279.50 (48% below fair value)
Industry Position: 26.2% below the Manufacturing - Apparel & Accessories median (#391 of 932)
No single metric tells the full story. See the NSE:DOLLAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dollar Industries Ltd is engaged in the manufacture of hosiery products in knitted innerwear, casual wear, and thermal wear. The company is engaged in the manufacturing of garments and hosiery products and generates revenue from the sale of the same. It is also the only reportable segment of the company. Geographically, it derives a majority of its revenue from India. Its brand portfolio includes Dollar Bigboss; Dollar Missy; Force NXT; Dollar Ultra; Dollar Champion; Force Go Wear; Dollar Kids Care; Dollar Lehar; Dollar Comfort; Dollar Commando; Dollar Bravery, and Dollar RKG.
82GF Score
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