Low debt stocks — debt to equity below 0.25
Profitable companies (ROE ≥ 12%) that borrow less than a quarter of their net worth.
Prices as of 5 Nov 2026
323 companies qualify
2,655 companies screened
The rule, exactly as applied
Debt/Equity > 0Debt/Equity < 0.25ROE ≥ 12%Profitable (TTM)Market Cap ≥ ₹1,000 Cr
Excludes results distorted by one-offs or thin equity (negative book value, P/E below 3, trailing profit above half of sales, ROE above 150%) and listed InvITs/REITs, whose payouts are not comparable with a company's dividends.
Every ratio is the same number the company's own fundamentals page shows. Click any company to see the quarterly results, balance sheet and peers behind it.
| # | Company | Sector | Market Cap | Price | Debt/Equity | Debt | Interest Cover | ROE | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Procter & Gamble Hygiene and Health Care LimitedPGHH · Jun 2026 | FMCG | ₹22,815 Cr | ₹7,028.50 | 0.00 | ₹1 Cr | 112.52 | 104.9% | 157.0% |
| 2 | Colgate Palmolive (India) LimitedCOLPAL · Sep 2026 | FMCG | ₹45,911 Cr | ₹1,688.00 | 0.03 | ₹49 Cr | 431.00 | 84.2% | 108.0% |
| 3 | Nestle India LimitedNESTLEIND · Sep 2026 | FMCG | ₹242,640 Cr | ₹1,258.30 | 0.08 | ₹464 Cr | 28.98 | 70.6% | 85.0% |
| 4 | GlaxoSmithKline Pharmaceuticals LimitedGLAXO · Sep 2026 | Pharma | ₹42,355 Cr | ₹2,500.20 | 0.02 | ₹39 Cr | 420.19 | 61.0% | 61.0% |
| 5 | Procter & Gamble Health LimitedPGHL · Sep 2026 | Pharma | ₹9,304 Cr | ₹5,605.00 | 0.01 | ₹7 Cr | — | 57.8% | 84.0% |
| 6 | Castrol India LimitedCASTROLIND · Sep 2026 | Chemicals | ₹19,210 Cr | ₹194.21 | 0.03 | ₹63 Cr | 140.67 | 53.2% | 60.0% |
| 7 | Page Industries LimitedPAGEIND · Jun 2026 | Textiles - Products | ₹39,619 Cr | ₹35,520.00 | 0.18 | ₹277 Cr | 20.53 | 50.4% | 64.0% |
| 8 | Panama Petrochem LimitedPANAMAPET · Sep 2026 | Oil & Gas | ₹2,699 Cr | ₹446.20 | 0.08 | ₹111 Cr | 23.89 | 45.6% | 19.0% |
| 9 | Oracle Financial Services Software LimitedOFSS · Sep 2026 | IT | ₹88,409 Cr | ₹10,150.00 | 0.00 | ₹32 Cr | 1,218.46 | 45.6% | 45.0% |
| 10 | Swaraj Engines LimitedSWARAJENG · Sep 2026 | Auto | ₹4,332 Cr | ₹3,565.40 | 0.01 | ₹2 Cr | — | 45.2% | 59.0% |
| 11 | Websol Energy System LimitedWEBELSOLAR · Sep 2026 | Electric Equipment | ₹3,126 Cr | ₹72.00 | 0.02 | ₹12 Cr | 21.00 | 44.7% | 63.0% |
| 12 | Tata Consultancy Services LimitedTCS · Sep 2026 | IT | ₹902,966 Cr | ₹2,495.70 | 0.10 | ₹11,808 Cr | 54.47 | 43.6% | 63.0% |
| 13 | GE Vernova T&D India LimitedGVT&D · Sep 2026 | Electric Equipment | ₹106,131 Cr | ₹4,145.00 | 0.01 | ₹28 Cr | 109.13 | 43.6% | 76.0% |
| 14 | Ingersoll Rand (India) LimitedINGERRAND · Jun 2026 | Compressors / Drilling Equipment | ₹12,606 Cr | ₹3,993.40 | 0.01 | ₹9 Cr | — | 43.4% | 57.0% |
| 15 | Chennai Petroleum Corporation LimitedCHENNPETRO · Sep 2026 | Oil & Gas | ₹21,123 Cr | ₹1,418.50 | 0.16 | ₹2,202 Cr | 34.54 | 42.0% | 35.0% |
| 16 | Tata Motors LimitedTMCV · Sep 2026 | Auto | ₹158,010 Cr | ₹429.05 | 0.25 | ₹3,780 Cr | 9.52 | 41.2% | — |
| 17 | Tenneco Clean Air India LimitedTENNIND · Sep 2026 | Auto | ₹18,871 Cr | ₹467.55 | 0.05 | ₹72 Cr | 19.64 | 40.6% | — |
| 18 | Esab India LimitedESABINDIA · Sep 2026 | Electrodes - Welding Equipment | ₹7,874 Cr | ₹5,115.50 | 0.01 | ₹3 Cr | 127.00 | 38.7% | 65.0% |
| 19 | ABB India LimitedABB · Jun 2026 | Electric Equipment | ₹140,453 Cr | ₹6,628.00 | 0.01 | ₹85 Cr | 90.28 | 38.2% | 30.0% |
| 20 | International Gemmological Institute (India) LimitedIGIL · Sep 2026 | Diversified Commercial Services | ₹17,587 Cr | ₹406.95 | 0.09 | ₹150 Cr | 79.87 | 38.1% | 54.0% |
| 21 | Solar Industries India LimitedSOLARINDS · Sep 2026 | Chemicals | ₹167,588 Cr | ₹18,520.00 | 0.24 | ₹1,524 Cr | 17.78 | 37.3% | 37.0% |
| 22 | The Bombay Burmah Trading Corporation LimitedBBTC · Jun 2026 | Auto | ₹8,874 Cr | ₹1,271.80 | 0.23 | ₹1,590 Cr | 22.30 | 36.7% | 33.0% |
| 23 | Quality Power Electrical Equipments LimitedQPOWER · Sep 2026 | Heavy Electrical Equipment | ₹11,232 Cr | ₹1,450.30 | 0.07 | ₹40 Cr | 24.03 | 36.6% | — |
| 24 | Bansal Wire Industries LimitedBANSALWIRE · Sep 2026 | Metal | ₹4,952 Cr | ₹63.26 | 0.08 | ₹114 Cr | 4.63 | 36.3% | 14.0% |
| 25 | HBL Engineering LimitedHBLENGINE · Jun 2026 | Auto | ₹23,706 Cr | ₹855.20 | 0.03 | ₹67 Cr | 76.24 | 35.2% | 58.0% |
| 26 | Hindustan Copper LimitedHINDCOPPER · Jun 2026 | Metal | ₹41,326 Cr | ₹427.35 | 0.03 | ₹111 Cr | 231.92 | 34.0% | 42.0% |
| 27 | Abbott India LimitedABBOTINDIA · Jun 2026 | Pharma | ₹56,534 Cr | ₹26,605.00 | 0.04 | ₹172 Cr | 72.60 | 33.8% | 45.0% |
| 28 | 3M India Limited3MINDIA · Jun 2026 | Diversified - Large | ₹33,035 Cr | ₹29,325.00 | 0.10 | ₹170 Cr | 21.47 | 32.6% | 50.0% |
| 29 | Indian Railway Catering And Tourism Corporation LimitedIRCTC · Jun 2026 | Travel Agencies | ₹36,616 Cr | ₹457.70 | 0.02 | ₹81 Cr | 87.89 | 32.3% | 46.0% |
| 30 | NINtec Systems LimitedNINSYS · Sep 2026 | IT | ₹1,820 Cr | ₹979.85 | 0.02 | ₹3 Cr | 125.29 | 32.0% | 55.0% |
| 31 | Motherson Sumi Wiring India LimitedMSUMI · Sep 2026 | Auto | ₹26,149 Cr | ₹39.43 | 0.14 | ₹296 Cr | 33.80 | 32.0% | 39.0% |
| 32 | Infosys LimitedINFY · Sep 2026 | IT | ₹472,841 Cr | ₹1,167.40 | 0.09 | ₹8,525 Cr | 78.79 | 31.1% | 40.0% |
| 33 | Crizac LimitedCRIZAC · Sep 2026 | Internet & Catalogue Retail | ₹2,817 Cr | ₹160.99 | 0.00 | ₹1 Cr | 43,613.93 | 31.0% | — |
| 34 | Hindustan Unilever LimitedHINDUNILVR · Sep 2026 | FMCG | ₹465,689 Cr | ₹1,982.00 | 0.03 | ₹1,672 Cr | 32.54 | 30.9% | 28.0% |
| 35 | Hester Biosciences LimitedHESTERBIO · Sep 2026 | Pharma | ₹2,048 Cr | ₹2,407.30 | 0.23 | ₹109 Cr | 8.23 | 30.6% | 15.0% |
| 36 | Garden Reach Shipbuilders & Engineers LimitedGRSE · Jun 2026 | Defence | ₹24,482 Cr | ₹2,137.20 | 0.01 | ₹37 Cr | 43.88 | 30.5% | 43.0% |
| 37 | Cupid LimitedCUPID · Jun 2026 | FMCG | ₹45,887 Cr | ₹341.25 | 0.12 | ₹56 Cr | 33.45 | 30.4% | 33.0% |
| 38 | Dixon Technologies (India) LimitedDIXON · Sep 2026 | Consumer Durables | ₹77,173 Cr | ₹12,616.00 | 0.21 | ₹1,236 Cr | 10.69 | 29.7% | 42.0% |
| 39 | Gandhi Special Tubes LimitedGANDHITUBE · Sep 2026 | Metal | ₹1,019 Cr | ₹902.75 | 0.00 | ₹0 Cr | 801.60 | 28.9% | 32.0% |
| 40 | National Aluminium Company LimitedNATIONALUM · Sep 2026 | Metal | ₹60,793 Cr | ₹331.00 | 0.00 | ₹58 Cr | 72.00 | 28.7% | 40.0% |
| 41 | Garuda Construction and Engineering LimitedGARUDA · Sep 2026 | Infrastructure | ₹1,458 Cr | ₹156.75 | 0.10 | ₹53 Cr | 60.46 | 27.9% | 42.0% |
| 42 | Bajaj Consumer Care LimitedBAJAJCON · Sep 2026 | FMCG | ₹5,293 Cr | ₹405.25 | 0.01 | ₹13 Cr | 173.55 | 27.9% | 31.0% |
| 43 | Ajanta Pharma LimitedAJANTPHARM · Sep 2026 | Pharma | ₹41,013 Cr | ₹3,282.10 | 0.06 | ₹260 Cr | 77.57 | 27.9% | 32.0% |
| 44 | Gandhar Oil Refinery (India) LimitedGANDHAR · Sep 2026 | Oil & Gas | ₹2,488 Cr | ₹254.20 | 0.14 | ₹233 Cr | 5.41 | 27.3% | 13.0% |
| 45 | Arrow Greentech LimitedARROWGREEN · Jun 2026 | Plastics Products | ₹1,167 Cr | ₹773.40 | 0.01 | ₹2 Cr | 149.50 | 27.3% | 30.0% |
| 46 | Cummins India LimitedCUMMINSIND · Sep 2026 | Auto | ₹112,513 Cr | ₹4,058.90 | 0.00 | ₹37 Cr | 187.57 | 27.1% | 40.0% |
| 47 | ITC LimitedITC · Sep 2026 | FMCG | ₹349,452 Cr | ₹278.85 | 0.01 | ₹491 Cr | 304.85 | 26.9% | 39.0% |
| 48 | Engineers India LimitedENGINERSIN · Sep 2026 | Infrastructure | ₹16,777 Cr | ₹298.50 | 0.00 | ₹16 Cr | 371.20 | 26.9% | 31.0% |
| 49 | BLS International Services LimitedBLS · Sep 2026 | IT | ₹9,336 Cr | ₹226.87 | 0.15 | ₹432 Cr | 30.75 | 26.9% | 29.0% |
| 50 | Indo Tech Transformers LimitedINDOTECH · Jun 2026 | Electric Equipment | ₹2,869 Cr | ₹2,701.30 | 0.01 | ₹5 Cr | 42.59 | 26.6% | 38.0% |
| 51 | SML Mahindra LimitedSMLMAH · Sep 2026 | Auto | ₹7,263 Cr | ₹5,018.60 | 0.07 | ₹38 Cr | 10.81 | 26.3% | — |
| 52 | MPS LimitedMPSLTD · Sep 2026 | IT | ₹3,882 Cr | ₹2,287.00 | 0.03 | ₹18 Cr | 101.20 | 26.3% | 39.0% |
| 53 | Coal India LimitedCOALINDIA · Sep 2026 | Metal | ₹242,996 Cr | ₹394.30 | 0.12 | ₹15,668 Cr | 25.56 | 26.3% | 35.0% |
| 54 | Shaily Engineering Plastics LimitedSHAILY · Sep 2026 | Plastics Products | ₹13,673 Cr | ₹2,972.70 | 0.25 | ₹177 Cr | 14.58 | 26.0% | 29.0% |
| 55 | Indraprastha Medical Corporation LimitedINDRAMEDCO · Sep 2026 | Healthcare | ₹3,060 Cr | ₹333.75 | 0.05 | ₹37 Cr | 40.74 | 26.0% | 36.0% |
| 56 | Thyrocare Technologies LimitedTHYROCARE · Sep 2026 | Healthcare | ₹7,795 Cr | ₹489.75 | 0.10 | ₹57 Cr | 63.12 | 25.8% | 35.0% |
| 57 | Gabriel India LimitedGABRIEL · Sep 2026 | Auto | ₹26,944 Cr | ₹1,406.00 | 0.11 | ₹148 Cr | 24.41 | 25.8% | 26.0% |
| 58 | Savita Oil Technologies LimitedSOTL · Sep 2026 | Oil & Gas | ₹4,588 Cr | ₹669.25 | 0.00 | ₹1 Cr | 9.75 | 25.7% | — |
| 59 | Hero MotoCorp LimitedHEROMOTOCO · Sep 2026 | Auto | ₹110,358 Cr | ₹5,514.00 | 0.06 | ₹1,419 Cr | 78.15 | 25.7% | 36.0% |
| 60 | CORONA Remedies LimitedCORONA · Sep 2026 | Pharma | ₹14,542 Cr | ₹2,379.80 | 0.14 | ₹115 Cr | 34.65 | 25.7% | — |
| 61 | TD Power Systems LimitedTDPOWERSYS · Jun 2026 | Electric Equipment | ₹20,910 Cr | ₹669.20 | 0.02 | ₹18 Cr | 202.52 | 25.6% | 33.0% |
| 62 | NBCC (India) LimitedNBCC · Sep 2026 | Infrastructure | ₹21,689 Cr | ₹80.33 | 0.00 | ₹1 Cr | 26,588.73 | 25.5% | 31.0% |
| 63 | Emami LimitedEMAMILTD · Sep 2026 | FMCG | ₹16,655 Cr | ₹388.05 | 0.08 | ₹231 Cr | 71.57 | 25.5% | 30.0% |
| 64 | Sharda Motor Industries LimitedSHARDAMOTR · Jun 2026 | Auto | ₹5,017 Cr | ₹873.90 | 0.04 | ₹49 Cr | 83.90 | 25.3% | 36.0% |
| 65 | Krishna Defence and Allied Industries LimitedKRISHNADEF · Sep 2026 | Defence | ₹1,876 Cr | ₹1,256.40 | 0.01 | ₹2 Cr | — | 25.3% | 30.0% |
| 66 | Raghav Productivity Enhancers LimitedRPEL · Sep 2026 | Metal | ₹8,101 Cr | ₹1,764.10 | 0.02 | ₹5 Cr | 120.54 | 25.0% | 30.0% |
| 67 | TTK Healthcare LimitedTTKHLTCARE · Sep 2026 | Diversified - Medium / Small | ₹1,293 Cr | ₹915.35 | 0.02 | ₹24 Cr | 4.50 | 24.9% | 8.0% |
| 68 | Silver Touch Technologies LimitedSILVERTUC · Sep 2026 | IT | ₹1,596 Cr | ₹125.89 | 0.23 | ₹44 Cr | 7.38 | 24.9% | 29.0% |
| 69 | eClerx Services LimitedECLERX · Sep 2026 | IT | ₹14,618 Cr | ₹1,588.50 | 0.18 | ₹511 Cr | 20.40 | 24.9% | 35.0% |
| 70 | Bayer CropScience LimitedBAYERCROP · Jun 2026 | Chemicals | ₹14,832 Cr | ₹3,300.30 | 0.03 | ₹82 Cr | 38.95 | 24.7% | 29.0% |
| 71 | Polycab India LimitedPOLYCAB · Sep 2026 | Infrastructure | ₹118,282 Cr | ₹7,849.00 | 0.02 | ₹272 Cr | 14.85 | 24.5% | 33.0% |
| 72 | Macpower CNC Machines LimitedMACPOWER · Sep 2026 | Engineering | ₹2,293 Cr | ₹2,291.60 | 0.01 | ₹1 Cr | 24.78 | 24.5% | 29.0% |
| 73 | Menon Bearings LimitedMENONBE · Sep 2026 | Auto | ₹1,955 Cr | ₹348.80 | 0.25 | ₹49 Cr | 11.30 | 24.4% | 25.0% |
| 74 | HCL Technologies LimitedHCLTECH · Sep 2026 | IT | ₹387,183 Cr | ₹1,430.50 | 0.07 | ₹5,215 Cr | 25.72 | 24.4% | 31.0% |
| 75 | Bharat Electronics LimitedBEL · Sep 2026 | Defence | ₹288,809 Cr | ₹395.10 | 0.00 | ₹85 Cr | 1,058.52 | 24.4% | 37.0% |
| 76 | Kennametal IndiaKENNAMET · Jun 2026 | Metal | ₹8,353 Cr | ₹3,800.50 | 0.00 | ₹2 Cr | — | 24.3% | 18.0% |
| 77 | Pidilite Industries LimitedPIDILITIND · Sep 2026 | Chemicals | ₹158,240 Cr | ₹1,553.60 | 0.03 | ₹351 Cr | 57.76 | 24.2% | 31.0% |
| 78 | D-Link (India) LimitedDLINKINDIA · Sep 2026 | IT | ₹1,464 Cr | ₹412.25 | 0.03 | ₹14 Cr | 167.85 | 23.9% | 28.0% |
| 79 | Quess Corp LimitedQUESS · Sep 2026 | Diversified - Large | ₹4,910 Cr | ₹328.65 | 0.11 | ₹124 Cr | 5.43 | 23.7% | 23.0% |
| 80 | Acutaas Chemicals LimitedACUTAAS · Sep 2026 | Pharma | ₹30,872 Cr | ₹3,770.80 | 0.01 | ₹15 Cr | 138.23 | 23.6% | — |
| 81 | Seamec LimitedSEAMECLTD · Sep 2026 | Infrastructure | ₹3,804 Cr | ₹1,491.00 | 0.12 | ₹176 Cr | 12.14 | 23.5% | 20.0% |
| 82 | Mazagon Dock Shipbuilders LimitedMAZDOCK · Sep 2026 | Defence | ₹74,182 Cr | ₹1,839.00 | 0.08 | ₹811 Cr | 93.87 | 23.4% | 36.0% |
| 83 | Dr. Lal Path Labs Ltd.LALPATHLAB · Sep 2026 | Healthcare | ₹32,887 Cr | ₹1,966.80 | 0.08 | ₹199 Cr | 26.96 | 23.4% | 28.0% |
| 84 | INOX India LimitedINOXINDIA · Sep 2026 | Packaging | ₹18,152 Cr | ₹1,996.40 | 0.07 | ₹81 Cr | 32.43 | 23.3% | 33.0% |
| 85 | Triveni Turbine LimitedTRITURBINE · Jun 2026 | Electric Equipment | ₹16,375 Cr | ₹515.10 | 0.02 | ₹36 Cr | 138.67 | 23.2% | 36.0% |
| 86 | Antelopus Selan Energy LimitedANTELOPUS · Sep 2026 | Oil & Gas | ₹3,105 Cr | ₹883.10 | 0.01 | ₹11 Cr | 294.47 | 23.1% | — |
| 87 | Tata Elxsi LimitedTATAELXSI · Sep 2026 | IT | ₹24,422 Cr | ₹3,920.00 | 0.05 | ₹143 Cr | 44.35 | 23.0% | 30.0% |
| 88 | Eicher Motors LimitedEICHERMOT · Jun 2026 | Auto | ₹211,739 Cr | ₹7,713.00 | 0.02 | ₹514 Cr | 69.32 | 23.0% | 31.0% |
| 89 | S.J.S. Enterprises LimitedSJS · Sep 2026 | Plastics Products | ₹6,541 Cr | ₹2,028.40 | 0.02 | ₹24 Cr | 54.00 | 22.8% | 29.0% |
| 90 | APL Apollo Tubes LimitedAPLAPOLLO · Sep 2026 | Metal | ₹60,924 Cr | ₹2,194.20 | 0.17 | ₹963 Cr | 12.52 | 22.8% | 32.0% |
| 91 | Hindustan Aeronautics LimitedHAL · Jun 2026 | Defence | ₹337,263 Cr | ₹5,043.00 | 0.00 | ₹11 Cr | 1,486.85 | 22.7% | 32.0% |
| 92 | Sandur Manganese & Iron Ores LimitedSANDUMA · Sep 2026 | Metal | ₹8,674 Cr | ₹178.44 | 0.24 | ₹904 Cr | 4.70 | 22.6% | — |
| 93 | Hyundai Motor India LimitedHYUNDAI · Sep 2026 | Auto | ₹172,340 Cr | ₹2,121.00 | 0.03 | ₹636 Cr | 60.04 | 22.5% | 38.0% |
| 94 | Gujarat Pipavav Port LimitedGPPL · Sep 2026 | Infrastructure | ₹7,800 Cr | ₹161.28 | 0.01 | ₹29 Cr | 86.81 | 22.5% | 28.0% |
| 95 | Asian Paints LimitedASIANPAINT · Sep 2026 | Consumer Durables | ₹241,943 Cr | ₹2,523.80 | 0.21 | ₹4,596 Cr | 28.04 | 22.5% | 26.0% |
| 96 | Welspun Corp LimitedWELCORP · Sep 2026 | Metal | ₹62,909 Cr | ₹2,385.60 | 0.10 | ₹1,085 Cr | 8.87 | 22.3% | 23.0% |
| 97 | Neuland Laboratories LimitedNEULANDLAB · Sep 2026 | Pharma | ₹25,381 Cr | ₹19,783.00 | 0.17 | ₹342 Cr | 20.14 | 22.3% | 27.0% |
| 98 | Hitachi Energy India LimitedPOWERINDIA · Jun 2026 | Electric Equipment | ₹125,694 Cr | ₹28,200.00 | 0.02 | ₹86 Cr | 85.38 | 22.2% | 29.0% |
| 99 | Atlanta Electricals LimitedATLANTAELE · Sep 2026 | Heavy Electrical Equipment | ₹11,332 Cr | ₹1,473.70 | 0.07 | ₹73 Cr | 6.21 | 22.2% | — |
| 100 | R R Kabel LimitedRRKABEL · Sep 2026 | Infrastructure | ₹22,782 Cr | ₹2,014.20 | 0.19 | ₹577 Cr | 9.19 | 22.1% | 28.0% |
Showing the top 100 of 323 qualifying companies. Download these 100 as CSV
About this screen
Debt-to-equity compares borrowings with shareholders' funds. Below 0.25 the debt is modest enough that even a bad year will not threaten solvency, while the company still uses some leverage to fund growth. Banks and NBFCs are excluded: borrowing is their raw material, so their D/E means something different.
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