Mahickra Chemicals (NSE:MAHICKRA) EV-to-EBITDA: 33.89 (As of Sep. 15, 2026) — 101% Above Median

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NSE:MAHICKRA Mahickra Chemicals Ltd NSE:MAHICKRA
54 GF Score
Price ₹305.95
GF Value ₹153.88
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Mahickra Chemicals EV-to-EBITDA?

Mahickra Chemicals NSE:MAHICKRA +1.14% 54 EV-to-EBITDA is 33.89 as of Sep. 15, 2026, which is 101% above its 10-year median of 16.82. GuruFocus rates NSE:MAHICKRA with a GF Score™ of 54/100 and a GF Value™ of ₹153.88 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,348 Chemicals companies, Mahickra Chemicals ranks worse than 80.34% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mahickra Chemicals's enterprise value is ₹2,984 Mil. Mahickra Chemicals's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹88 Mil. Therefore, Mahickra Chemicals's EV-to-EBITDA for today is 33.89.

The historical rank and industry rank for Mahickra Chemicals's EV-to-EBITDA or its related term are showing as below:

NSE:MAHICKRA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 11.68   Med: 16.82   Max: 39.67
Current: 33.89

During the past 13 years, the highest EV-to-EBITDA of Mahickra Chemicals was 39.67. The lowest was 11.68. And the median was 16.82.

NSE:MAHICKRA's EV-to-EBITDA is ranked worse than
80.34% of 1348 companies
in the Chemicals industry
Industry Median: 12.195 vs NSE:MAHICKRA: 33.89

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-09-15), Mahickra Chemicals's stock price is ₹305.95. Mahickra Chemicals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6.280. Therefore, Mahickra Chemicals's PE Ratio (TTM) for today is 48.72.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Mahickra Chemicals  (NSE:MAHICKRA) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Mahickra Chemicals's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=305.95/6.280
=48.72

Mahickra Chemicals's share price for today is ₹305.95.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mahickra Chemicals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹6.280.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Mahickra Chemicals EV-to-EBITDA Related Terms


Mahickra Chemicals EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Mahickra Chemicals's EV-to-EBITDA 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.

Mahickra Chemicals EV-to-EBITDA Chart

Mahickra Chemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.71 15.46 38.16 23.50 24.15

Mahickra Chemicals Semi-Annual Data
Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-EBITDA 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 38.16 0.00 23.50 0.00 24.15

NSE:MAHICKRA vs LIN, SHW, ECL: EV-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Mahickra Chemicals's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Mahickra Chemicals EV-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mahickra Chemicals's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mahickra Chemicals's EV-to-EBITDA falls into.


NSE:MAHICKRA
54GF Score
Mahickra Chemicals Ltd NSE:MAHICKRA
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahickra Chemicals EV-to-EBITDA Calculation

Mahickra Chemicals's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2984.464/88.055
=33.89

Mahickra Chemicals's current Enterprise Value is ₹2,984 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mahickra Chemicals's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹88 Mil.

* 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 EV-to-EBITDA →
What does a EV-to-EBITDA of 33.89 mean?
Mahickra Chemicals (NSE:MAHICKRA) has a EV-to-EBITDA of 33.89 as of Sep. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mahickra Chemicals. This is 101% above median its historical median of 16.82. Over the past decade, Mahickra Chemicals' EV-to-EBITDA has ranged from 11.68 to 39.67. According to the industry distribution chart, Mahickra Chemicals ranks #1083 out of 1348 companies in the Chemicals industry, placing it in the top 80.3%.
Is Mahickra Chemicals' EV-to-EBITDA too high?
Mahickra Chemicals' current EV-to-EBITDA of 33.89 is 101% above median its 10-year median of 16.82. Over the past 10 years, this metric has ranged from a low of 11.68 to a high of 39.67. The Chemicals industry median EV-to-EBITDA is 12.20. Mahickra Chemicals' value of 33.89 is 177.9% above this industry median. Based on the distribution chart, Mahickra Chemicals ranks #1083 out of 1348 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Mahickra Chemicals has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mahickra Chemicals' EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Mahickra Chemicals ranks #1083 out of 1348 companies for EV-to-EBITDA. This places Mahickra Chemicals in the lower half of its industry. The industry median EV-to-EBITDA is 12.20. Mahickra Chemicals' value of 33.89 is 177.9% above this benchmark. Historically, Mahickra Chemicals' own EV-to-EBITDA has ranged from 11.68 to 39.67 over the past decade. While the company's 10-year median is 16.82 vs. the industry median of 12.20, Mahickra Chemicals has consistently been above 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 EV-to-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 12.20, based on 1,348 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mahickra Chemicals's current EV-to-EBITDA of 33.89 is 177.9% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mahickra Chemicals. For the Chemicals industry, the median EV-to-EBITDA is 12.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mahickra Chemicals's current EV-to-EBITDA is 33.89, which is 101% above median its own 10-year median of 16.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahickra Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Mahickra Chemicals (NSE:MAHICKRA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹153.88, compared to a current price of ₹305.95 — trading 98.8% above its estimated fair value. The current EV-to-EBITDA is 33.89, which is 101% above median its 10-year median of 16.82 and 177.9% above the Chemicals industry median of 12.20. Mahickra Chemicals' overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Mahickra Chemicals (NSE:MAHICKRA), the current EV-to-EBITDA is 33.89 as of Sep. 15, 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 Mahickra Chemicals (NSE:MAHICKRA) Overvalued in 2026?

Based on GuruFocus' analysis, Mahickra Chemicals stock appears to be overvalued. The current stock price of ₹305.95 is trading 98.8% above its estimated GF Value™ of ₹153.88. GuruFocus considers Mahickra Chemicals to be Significantly Overvalued.

Key valuation signals for NSE:MAHICKRA:

  • EV-to-EBITDA: 33.89 (101% above median its 10-year median of 16.82)
  • GF Value™: ₹153.88 vs. price of ₹305.95 (98.8% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 177.9% above the Chemicals median (#1083 of 1348)

No single metric tells the full story. See the NSE:MAHICKRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mahickra Chemicals Business Description

Address Phase - 3, Plot No. 1201-1202, GIDC, Vatva, Ahmedabad, GJ, IND, 382445
Mahickra Chemicals Ltd is an India-based company engaged in the business of manufacturing and trading of dyes and chemicals. Its product portfolio includes reactive dyes, acid dyes, direct dyes, pigment powder and emulsion, specialty chemicals, and synthetic food colors, among others. The company caters to both the Indian as well as international markets.
54GF Score

Get the complete analysis for NSE:MAHICKRA

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹305.95
Price
₹153.88
GF Value