LEEL Electricals (NSE:LEEL) Debt-to-Equity: 0.00 (As of Mar. 2026)

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What is LEEL Electricals Debt-to-Equity?

LEEL Electricals NSE:LEEL Debt-to-Equity is 0.00 as of Mar. 2026. The stock has 6 warning signs investors should review.

LEEL Electricals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹0.0 Mil. LEEL Electricals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹0.0 Mil. LEEL Electricals's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹1,044.2 Mil. LEEL Electricals's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

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 LEEL Electricals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of LEEL Electricals was 1.29. The lowest was 0.16. And the median was 0.54.

NSE:LEEL's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

LEEL Electricals  (NSE:LEEL) 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.

LEEL Electricals Debt-to-Equity Related Terms

LEEL Electricals Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for LEEL Electricals'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.

LEEL Electricals Debt-to-Equity Chart

LEEL Electricals 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 0.56 0.61 0.65 0.16 0.00

LEEL Electricals Quarterly Data
Dec12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 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 0.16 N/A 0.00 N/A 0.00

NSE:LEEL vs NRBT, EVTN: Debt-to-Equity Comparison

For the Specialty Industrial Machinery subindustry, LEEL Electricals'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.

LEEL Electricals Debt-to-Equity vs Industrial Products Industry

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

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


LEEL Electricals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

LEEL Electricals'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
=(0 + 0) / 1044.245
=0.00

LEEL Electricals's Debt to Equity Ratio for the quarter 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
=(0 + 0) / 1044.245
=0.00

* 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 0.00 mean?
LEEL Electricals (NSE:LEEL) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on LEEL Electricals and its competitors. Over the past decade, LEEL Electricals' Debt-to-Equity has ranged from 0.16 to 1.29.
Is LEEL Electricals' Debt-to-Equity too high?
LEEL Electricals' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 1.29.
How does LEEL Electricals' Debt-to-Equity compare to NRBT and EVTN?
LEEL Electricals' Debt-to-Equity of 0.00 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.29. Historically, LEEL Electricals' own Debt-to-Equity has ranged from 0.16 to 1.29 over the past decade. 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 Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.29, based on 2,688 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. 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 LEEL Electricals and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LEEL Electricals's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LEEL Electricals stock overvalued right now?
LEEL Electricals (NSE:LEEL) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 LEEL Electricals (NSE:LEEL), the current Debt-to-Equity is 0.00 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.

LEEL Electricals Business Description

Address Ecotech XII, Industrial area, Plot No.57, Greater Noida, Noida, UP, IND, 201306
LEEL Electricals Ltd is an India-based heat exchangers coils manufacturer. It manufactures air conditioners for various brands including its own brand of LLOYD. The company also manufactures consumer durable business under Lloyd brand which includes product portfolio like Air-Conditioner, LED TV, Washing Machines, Chest Freezers and other small home appliances. Lloyd's segments are OEM and Packaged Air conditioning Segment, and Heat Exchangers and Components Segments but OEM and Packaged Air conditioning Segment generates the majority of the revenue.