GHCL (NSE:GHCL) Debt-to-Equity: (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:GHCL GHCL Ltd NSE:GHCL
78 GF Score
Price ₹421.70
GF Value ₹544.44
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GHCL Debt-to-Equity?

GHCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. GHCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. GHCL'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 GHCL's Debt-to-Equity or its related term are showing as below:

NSE:GHCL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.2   Max: 1.09
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of GHCL was 1.09. The lowest was 0.02. And the median was 0.20.

NSE:GHCL's Debt-to-Equity is ranked better than
95.5% of 1422 companies
in the Chemicals industry
Industry Median: 0.37 vs NSE:GHCL: 0.02

GHCL  (NSE:GHCL) 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.


GHCL Debt-to-Equity Related Terms


GHCL Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for GHCL'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.

GHCL Debt-to-Equity Chart

GHCL 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 0.27 0.09 0.07 0.03 0.02

GHCL 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 - 0.03 - 0.02 -

NSE:GHCL vs DOW: Debt-to-Equity Comparison

For the Chemicals subindustry, GHCL'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.


GHCL Debt-to-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, GHCL's Debt-to-Equity distribution charts can be found below:

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


NSE:GHCL
78GF Score
GHCL Ltd NSE:GHCL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GHCL Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

GHCL's Debt to Equity Ratio for the quarter that ended in Jun. 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.

Is GHCL (NSE:GHCL) Overvalued in 2026?

Based on GuruFocus' analysis, GHCL stock appears to be undervalued. The current stock price of ₹421.70 is trading 22.5% below its estimated GF Value™ of ₹544.44. GuruFocus considers GHCL to be Modestly Undervalued.

Key valuation signals for NSE:GHCL:

  • Debt-to-Equity:
  • GF Value™: ₹544.44 vs. price of ₹421.70 (22.5% below fair value)
  • GF Score™: 78/100 with 1 warning sign

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


GHCL Business Description

Other Exchanges 500171:India
Address Institutional Area, Sector - 1, B-38, GHCL House, Noida, IND, 201301
GHCL Ltd is engaged in the business of Manufacturing & trading of Inorganic Chemicals (mainly manufacture and sale of Soda Ash). The Company's operations pertain to one segment i.e. Inorganic Chemicals. The company has presence in India, and Outside India. The company has presence in India. The company predominantly utilises seawater for its operations, thereby minimising dependence on freshwater resources and avoiding any impact on local community water availability.
78GF Score

Get the complete analysis for NSE:GHCL

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

₹421.70
Price
₹544.44
GF Value