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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 Madras Fertilizers's Debt-to-Equity or its related term are showing as below:
NSE:MADRASFERT'
s Debt-to-Equity Range Over the Past 10 Years
Min: -49.36 Med: -2.99 Max: 6.9
Current: 6.9
During the past 13 years, the highest Debt-to-Equity Ratio of Madras Fertilizers was 6.90. The lowest was -49.36. And the median was -2.99.
NSE:MADRASFERT's Debt-to-Equity is ranked worse than 98.26% of 230
companies
in the Agriculture industry
Industry Median: 0.35
vs NSE:MADRASFERT: 6.90
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.
Madras Fertilizers Debt-to-Equity Related Terms
Madras Fertilizers Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Madras Fertilizers'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:MADRASFERT vs CTVA, CF, MOS: Debt-to-Equity Comparison
For the Agricultural Inputs subindustry, Madras Fertilizers'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.
Madras Fertilizers Debt-to-Equity vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Madras Fertilizers's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Madras Fertilizers'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.
Madras Fertilizers (NSE:MADRASFERT) has a Debt-to-Equity of 6.90 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Madras Fertilizers and its competitors. According to the industry distribution chart, Madras Fertilizers ranks #226 out of 230 companies in the Agriculture industry, placing it in the top 98.3%.
Is Madras Fertilizers' Debt-to-Equity too high?
Madras Fertilizers' current Debt-to-Equity is 6.90. The Agriculture industry median Debt-to-Equity is 0.35. Madras Fertilizers' value of 6.90 is 1871.4% above this industry median. Based on the distribution chart, Madras Fertilizers ranks #226 out of 230 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, Madras Fertilizers has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Madras Fertilizers' Debt-to-Equity compare to CTVA and CF?
According to the Agriculture industry distribution chart, Madras Fertilizers ranks #226 out of 230 companies for Debt-to-Equity. This places Madras Fertilizers in the lower half of its industry. The industry median Debt-to-Equity is 0.35. Madras Fertilizers' value of 6.90 is 1871.4% above this benchmark. 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 Agriculture company?
The median Debt-to-Equity among Agriculture companies is 0.35, based on 230 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. Madras Fertilizers's current Debt-to-Equity of 6.90 is 1871.4% above 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 Madras Fertilizers and its competitors. For the Agriculture industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Madras Fertilizers's current Debt-to-Equity is 6.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madras Fertilizers stock overvalued right now?
Based on GuruFocus' analysis, Madras Fertilizers (NSE:MADRASFERT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹263.42, compared to a current price of ₹66.41 — trading 74.8% below its estimated fair value. The current Debt-to-Equity is 6.90 and 1871.4% above the Agriculture industry median of 0.35. Madras Fertilizers' overall GF Score™ is 69/100 with 4 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 Madras Fertilizers (NSE:MADRASFERT), the current Debt-to-Equity is 6.90 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 Madras Fertilizers (NSE:MADRASFERT) Overvalued in 2026?
Based on GuruFocus' analysis, Madras Fertilizers stock appears to be undervalued.
The current stock price of ₹66.41 is trading 74.8% below its estimated GF Value™ of ₹263.42.
GuruFocus considers Madras Fertilizers to be Possible Value Trap.
Key valuation signals for NSE:MADRASFERT:
Debt-to-Equity: 6.90
GF Value™: ₹263.42 vs. price of ₹66.41 (74.8% below fair value)
Industry Position: 1871.4% above the Agriculture median (#226 of 230)
No single metric tells the full story. See the NSE:MADRASFERT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madras Fertilizers Ltd is engaged in the manufacture of ammonia, urea, and complex fertilizers. It is also engaged in manufacturing bio-fertilizers and marketing fertilizers and agrochemicals under the brand name Vijay. The company operates through the manufacture and sale of fertilizers segment. It also provides biofertilizers, including Azospirillum for paddy, plantation crops, and other crops; Rhizobium for groundnuts and pulses; and Phosphor Bacteria and NP Bio for various crops.
69GF Score
Get the complete analysis for NSE:MADRASFERT
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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