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Ramky InfrastructureNSE:RAMKY -1.14%78 Debt-to-Equity is 0.27 as of Mar. 2026, which is 96% below its 10-year median of 6.42. GuruFocus rates NSE:RAMKY with a GF Score™ of 78/100 and a GF Value™ of ₹526.54 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,607 Construction companies, Ramky Infrastructure ranks better than 61.23% 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 Ramky Infrastructure's Debt-to-Equity or its related term are showing as below:
NSE:RAMKY'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 6.42 Max: 8.85
Current: 0.27
During the past 13 years, the highest Debt-to-Equity Ratio of Ramky Infrastructure was 8.85. The lowest was 0.27. And the median was 6.42.
NSE:RAMKY's Debt-to-Equity is ranked better than 61.23% of 1607
companies
in the Construction industry
Industry Median: 0.41
vs NSE:RAMKY: 0.27
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.
Ramky Infrastructure Debt-to-Equity Related Terms
Ramky Infrastructure Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ramky Infrastructure'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:RAMKY vs PWR, FIX, EME: Debt-to-Equity Comparison
For the Engineering & Construction subindustry, Ramky Infrastructure'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.
Ramky Infrastructure Debt-to-Equity vs Construction Industry
For the Construction industry and Industrials sector, Ramky Infrastructure's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ramky Infrastructure'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.
Ramky Infrastructure (NSE:RAMKY) has a Debt-to-Equity of 0.27 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ramky Infrastructure and its competitors. This is 96% below median its historical median of 6.42. Over the past decade, Ramky Infrastructure's Debt-to-Equity has ranged from 0.27 to 8.85. According to the industry distribution chart, Ramky Infrastructure ranks #623 out of 1607 companies in the Construction industry, placing it in the top 38.8%.
Is Ramky Infrastructure's Debt-to-Equity too high?
Ramky Infrastructure's current Debt-to-Equity of 0.27 is 96% below median its 10-year median of 6.42. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 8.85. The Construction industry median Debt-to-Equity is 0.41. Ramky Infrastructure's value of 0.27 is 34.1% below this industry median. Based on the distribution chart, Ramky Infrastructure ranks #623 out of 1607 companies in the Construction industry, which is above the industry midpoint. Overall, Ramky Infrastructure has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramky Infrastructure's Debt-to-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Ramky Infrastructure ranks #623 out of 1607 companies for Debt-to-Equity. This puts Ramky Infrastructure in the upper half of its industry. The industry median Debt-to-Equity is 0.41. Ramky Infrastructure's value of 0.27 is 34.1% below this benchmark. Historically, Ramky Infrastructure's own Debt-to-Equity has ranged from 0.27 to 8.85 over the past decade. While the company's 10-year median is 6.42 vs. the industry median of 0.41, Ramky Infrastructure 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 Construction company?
The median Debt-to-Equity among Construction companies is 0.41, based on 1,607 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. Ramky Infrastructure's current Debt-to-Equity of 0.27 is 34.1% 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 Ramky Infrastructure and its competitors. For the Construction industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramky Infrastructure's current Debt-to-Equity is 0.27, which is 96% below median its own 10-year median of 6.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramky Infrastructure stock overvalued right now?
Based on GuruFocus' analysis, Ramky Infrastructure (NSE:RAMKY) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹526.54, compared to a current price of ₹399.20 — trading 24.2% below its estimated fair value. The current Debt-to-Equity is 0.27, which is 96% below median its 10-year median of 6.42 and 34.1% below the Construction industry median of 0.41. Ramky Infrastructure's overall GF Score™ is 78/100 with 6 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 Ramky Infrastructure (NSE:RAMKY), the current Debt-to-Equity is 0.27 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 Ramky Infrastructure (NSE:RAMKY) Overvalued in 2026?
Based on GuruFocus' analysis, Ramky Infrastructure stock appears to be undervalued.
The current stock price of ₹399.20 is trading 24.2% below its estimated GF Value™ of ₹526.54.
GuruFocus considers Ramky Infrastructure to be Modestly Undervalued.
Key valuation signals for NSE:RAMKY:
Debt-to-Equity: 0.27 (96% below median its 10-year median of 6.42)
GF Value™: ₹526.54 vs. price of ₹399.20 (24.2% below fair value)
Industry Position: 34.1% below the Construction median (#623 of 1607)
No single metric tells the full story. See the NSE:RAMKY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramky Infrastructure Ltd is a construction, infrastructure development, and management company. It provides construction and civil engineering services. The company's segment includes the Construction business and Developer business. The Construction business segment, which accounts for the majority of revenue, undertakes various projects such as water and wastewater projects, irrigation projects, industrial construction projects, transportation projects, building construction projects, and power transmission and distribution projects. Its Developer business segment includes industrial parks, transportation, integrated townships, and energy. It operates in India.
78GF Score
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