Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Z-Tech (India)NSE:ZTECH -2.23%50 Debt-to-Equity is 0.34 as of Mar. 2026, which is 325% above its 10-year median of 0.08. GuruFocus rates NSE:ZTECH with a GF Score™ of 50/100. The stock has 6 warning signs investors should review. Among 1,764 Consumer Packaged Goods companies, Z-Tech (India) ranks better than 55.73% 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 Z-Tech (India)'s Debt-to-Equity or its related term are showing as below:
NSE:ZTECH'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: 0.34
Current: 0.34
During the past 6 years, the highest Debt-to-Equity Ratio of Z-Tech (India) was 0.34. The lowest was 0.01. And the median was 0.08.
NSE:ZTECH's Debt-to-Equity is ranked better than 55.73% of 1764
companies
in the Consumer Packaged Goods industry
Industry Median: 0.41
vs NSE:ZTECH: 0.34
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.
Z-Tech (India) Debt-to-Equity Related Terms
Z-Tech (India) Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Z-Tech (India)'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:ZTECH vs PG, CL, EL: Debt-to-Equity Comparison
For the Household & Personal Products subindustry, Z-Tech (India)'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.
Z-Tech (India) Debt-to-Equity vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Z-Tech (India)'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Z-Tech (India)'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.
Z-Tech (India) (NSE:ZTECH) has a Debt-to-Equity of 0.34 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Z-Tech (India) and its competitors. This is 325% above median its historical median of 0.08. Over the past decade, Z-Tech (India)'s Debt-to-Equity has ranged from 0.01 to 0.34. According to the industry distribution chart, Z-Tech (India) ranks #781 out of 1764 companies in the Consumer Packaged Goods industry, placing it in the top 44.3%.
Is Z-Tech (India)'s Debt-to-Equity too high?
Z-Tech (India)'s current Debt-to-Equity of 0.34 is 325% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.34. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. Z-Tech (India)'s value of 0.34 is 17.1% below this industry median. Based on the distribution chart, Z-Tech (India) ranks #781 out of 1764 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Z-Tech (India) has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Z-Tech (India)'s Debt-to-Equity compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Z-Tech (India) ranks #781 out of 1764 companies for Debt-to-Equity. This puts Z-Tech (India) in the upper half of its industry. The industry median Debt-to-Equity is 0.41. Z-Tech (India)'s value of 0.34 is 17.1% below this benchmark. Historically, Z-Tech (India)'s own Debt-to-Equity has ranged from 0.01 to 0.34 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.41, Z-Tech (India) 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,764 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. Z-Tech (India)'s current Debt-to-Equity of 0.34 is 17.1% 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 Z-Tech (India) and its competitors. For the Consumer Packaged Goods 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. Z-Tech (India)'s current Debt-to-Equity is 0.34, which is 325% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Z-Tech (India) stock overvalued right now?
Z-Tech (India) (NSE:ZTECH) has a current Debt-to-Equity of 0.34. The current Debt-to-Equity is 0.34, which is 325% above median its 10-year median of 0.08 and 17.1% below the Consumer Packaged Goods industry median of 0.41. Z-Tech (India)'s overall GF Score™ is 50/100 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 Z-Tech (India) (NSE:ZTECH), the current Debt-to-Equity is 0.34 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.
Z-Tech (India) Ltd is engaged in designing civil engineering products and services with a state of the art specialty in Geo-technical Specialised Solutions in the field of infrastructure and civil construction projects in India. The company is engaged in providing innovative, safe and eco-friendly engineering solutions. These solutions include three categories: Sustainable Theme Park Development, Industrial Waste Water Management and Geo Technical Specialised Solutions. Its business segments include trading of Circular Knitting Needle & other items except solar related items and Manufacturing, trading and application of Solar Panel etc. Key revenue is generated from Circular Knitting Needle & other items except solar related items.
50GF Score
Get the complete analysis for NSE:ZTECH
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ZTECH has been successfully added to your 
