Naga Dhunseri Group (NSE:NDGL) Debt-to-Equity: 0.20 (As of Mar. 2026) — 82% Above Median

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NSE:NDGL Naga Dhunseri Group Ltd NSE:NDGL
56 GF Score
Price ₹2,783.00
! 4 Warning Signs
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What is Naga Dhunseri Group Debt-to-Equity?

Naga Dhunseri Group NSE:NDGL -1.54% 56 Debt-to-Equity is 0.20 as of Mar. 2026, which is 82% above its 10-year median of 0.11. GuruFocus rates NSE:NDGL with a GF Score™ of 56/100. The stock has 4 warning signs investors should review. Among 609 Capital Markets companies, Naga Dhunseri Group ranks better than 59.44% on this metric.

Naga Dhunseri Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹0 Mil. Naga Dhunseri Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₹2,583 Mil. Naga Dhunseri Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹12,936 Mil. Naga Dhunseri Group's debt to equity for the quarter that ended in Mar. 2026 was 0.20.

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 Naga Dhunseri Group's Debt-to-Equity or its related term are showing as below:

NSE:NDGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 0.21
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Naga Dhunseri Group was 0.21. The lowest was 0.01. And the median was 0.11.

NSE:NDGL's Debt-to-Equity is ranked better than
59.44% of 609 companies
in the Capital Markets industry
Industry Median: 0.32 vs NSE:NDGL: 0.20

Naga Dhunseri Group  (NSE:NDGL) 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.


Naga Dhunseri Group Debt-to-Equity Related Terms


Naga Dhunseri Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Naga Dhunseri Group'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.

Naga Dhunseri Group Debt-to-Equity Chart

Naga Dhunseri Group 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 0.00 0.00 0.01 0.21 0.20

Naga Dhunseri Group 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 0.21 N/A 0.18 N/A 0.20

NSE:NDGL vs MS, GS, SCHW: Debt-to-Equity Comparison

For the Capital Markets subindustry, Naga Dhunseri Group'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.


Naga Dhunseri Group Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Naga Dhunseri Group's Debt-to-Equity distribution charts can be found below:

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


NSE:NDGL
56GF Score
Naga Dhunseri Group Ltd NSE:NDGL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Naga Dhunseri Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Naga Dhunseri Group'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 0.20 mean?
Naga Dhunseri Group (NSE:NDGL) has a Debt-to-Equity of 0.20 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Naga Dhunseri Group and its competitors. This is 82% above median its historical median of 0.11. Over the past decade, Naga Dhunseri Group's Debt-to-Equity has ranged from 0.01 to 0.21. According to the industry distribution chart, Naga Dhunseri Group ranks #247 out of 609 companies in the Capital Markets industry, placing it in the top 40.6%.
Is Naga Dhunseri Group's Debt-to-Equity too high?
Naga Dhunseri Group's current Debt-to-Equity of 0.20 is 82% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.21. The Capital Markets industry median Debt-to-Equity is 0.32. Naga Dhunseri Group's value of 0.20 is 37.5% below this industry median. Based on the distribution chart, Naga Dhunseri Group ranks #247 out of 609 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Naga Dhunseri Group has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Naga Dhunseri Group's Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Naga Dhunseri Group ranks #247 out of 609 companies for Debt-to-Equity. This puts Naga Dhunseri Group in the upper half of its industry. The industry median Debt-to-Equity is 0.32. Naga Dhunseri Group's value of 0.20 is 37.5% below this benchmark. Historically, Naga Dhunseri Group's own Debt-to-Equity has ranged from 0.01 to 0.21 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.32, Naga Dhunseri Group 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 609 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. Naga Dhunseri Group's current Debt-to-Equity of 0.20 is 37.5% 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 Naga Dhunseri Group and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naga Dhunseri Group's current Debt-to-Equity is 0.20, which is 82% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naga Dhunseri Group stock overvalued right now?
Naga Dhunseri Group (NSE:NDGL) has a current Debt-to-Equity of 0.20. The current Debt-to-Equity is 0.20, which is 82% above median its 10-year median of 0.11 and 37.5% below the Capital Markets industry median of 0.32. Naga Dhunseri Group's overall GF Score™ is 56/100 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 Naga Dhunseri Group (NSE:NDGL), the current Debt-to-Equity is 0.20 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.

Naga Dhunseri Group Business Description

Address 4A, Woodburn Park, Dhunseri House, Kolkata, WB, IND, 700 020
Naga Dhunseri Group Ltd is an Indian non-banking finance company. It is engaged in investing in shares and securities. The company invests in shares, debentures, bonds, and securities issued or guaranteed by any government, public body, authority, municipal, or local in India. It generates its revenue from Dividend Income.
56GF Score

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