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 21 Sep 2026
320 companies qualify
4,746 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 | ₹24,105 Cr | ₹7,426 | 0.00 | ₹1 Cr | 112.52 | 104.9% | 157.0% |
| 2 | Colgate Palmolive (India) LimitedCOLPAL · Jun 2026 | FMCG | ₹51,460 Cr | ₹1,892 | 0.03 | ₹47 Cr | 431.00 | 85.1% | 108.0% |
| 3 | Timex Group India Ltd500414 · Jun 2026 | Consumer Durables | ₹6,114 Cr | ₹605.65 | 0.05 | ₹6 Cr | 27.75 | 76.6% | 93.0% |
| 4 | Nestle India LimitedNESTLEIND · Jun 2026 | FMCG | ₹267,072 Cr | ₹1,385 | 0.09 | ₹444 Cr | 29.06 | 74.1% | 85.0% |
| 5 | Procter & Gamble Health LimitedPGHL · Jun 2026 | Pharma | ₹9,135 Cr | ₹5,504 | 0.02 | ₹9 Cr | — | 68.2% | 84.0% |
| 6 | Page Industries LimitedPAGEIND · Mar 2026 | Textiles - Products | ₹40,098 Cr | ₹35,950 | 0.18 | ₹277 Cr | 20.53 | 50.9% | 64.0% |
| 7 | Castrol India LimitedCASTROLIND · Mar 2026 | Chemicals | ₹19,140 Cr | ₹193.50 | 0.03 | ₹63 Cr | 140.67 | 50.4% | 60.0% |
| 8 | Websol Energy System LimitedWEBELSOLAR · Jun 2026 | Electric Equipment | ₹3,127 Cr | ₹72.03 | 0.21 | ₹131 Cr | 21.00 | 49.6% | 63.0% |
| 9 | GE Vernova T&D India LimitedGVT&D · Jun 2026 | Electric Equipment | ₹111,792 Cr | ₹4,366 | 0.01 | ₹24 Cr | 109.13 | 48.5% | 76.0% |
| 10 | GlaxoSmithKline Pharmaceuticals LimitedGLAXO · Jun 2026 | Pharma | ₹48,499 Cr | ₹2,863 | 0.01 | ₹33 Cr | 420.19 | 47.1% | 61.0% |
| 11 | Tata Consultancy Services LimitedTCS · Jun 2026 | IT | ₹770,182 Cr | ₹2,129 | 0.11 | ₹11,283 Cr | 54.47 | 46.7% | 63.0% |
| 12 | TAC Infosec LimitedTAC · Mar 2026 | IT | ₹1,029 Cr | ₹490.90 | 0.01 | ₹1 Cr | — | 45.2% | 38.0% |
| 13 | Dixon Technologies (India) LimitedDIXON · Jun 2026 | Consumer Durables | ₹81,171 Cr | ₹13,350 | 0.21 | ₹994 Cr | 10.69 | 44.5% | 42.0% |
| 14 | Oracle Financial Services Software LimitedOFSS · Jun 2026 | IT | ₹95,016 Cr | ₹10,911 | 0.00 | ₹32 Cr | 1,218.46 | 43.6% | 45.0% |
| 15 | Ingersoll Rand (India) LimitedINGERRAND · Jun 2026 | Compressors / Drilling Equipment | ₹13,279 Cr | ₹4,206 | 0.01 | ₹9 Cr | — | 43.4% | 57.0% |
| 16 | International Gemmological Institute (India) LimitedIGIL · Jun 2026 | Miscellaneous | ₹13,993 Cr | ₹323.80 | 0.10 | ₹143 Cr | 79.87 | 43.3% | 54.0% |
| 17 | Marico LimitedMARICO · Mar 2026 | FMCG | ₹107,005 Cr | ₹824.40 | 0.13 | ₹557 Cr | 40.11 | 43.1% | 47.0% |
| 18 | Esab India LimitedESABINDIA · Jun 2026 | Electrodes - Welding Equipment | ₹8,560 Cr | ₹5,561 | 0.01 | ₹3 Cr | — | 41.9% | 65.0% |
| 19 | Swaraj Engines LimitedSWARAJENG · Jun 2026 | Auto | ₹4,340 Cr | ₹3,572 | 0.00 | ₹1 Cr | — | 41.4% | 59.0% |
| 20 | Mobavenue AI Tech Ltd539682 · Jun 2026 | IT | ₹2,130 Cr | ₹275.50 | 0.14 | ₹13 Cr | 10.61 | 38.9% | 76.0% |
| 21 | ABB India LimitedABB · Jun 2026 | Electric Equipment | ₹154,079 Cr | ₹7,271 | 0.01 | ₹85 Cr | 90.28 | 38.2% | 30.0% |
| 22 | Shukra Pharmaceuticals Ltd524632 · Jun 2026 | Pharma | ₹2,403 Cr | ₹54.61 | 0.06 | ₹5 Cr | 29.83 | 37.8% | 37.0% |
| 23 | Chennai Petroleum Corporation LimitedCHENNPETRO · Jun 2026 | Oil & Gas | ₹20,483 Cr | ₹1,376 | 0.18 | ₹1,964 Cr | 34.54 | 37.6% | 35.0% |
| 24 | String Metaverse Ltd534535 · Jun 2026 | IT | ₹1,027 Cr | ₹8.01 | 0.02 | ₹6 Cr | — | 36.8% | 42.0% |
| 25 | NINtec Systems LimitedNINSYS · Jun 2026 | IT | ₹1,326 Cr | ₹713.90 | 0.02 | ₹2 Cr | 125.29 | 36.5% | 55.0% |
| 26 | The Bombay Burmah Trading Corporation LimitedBBTC · Mar 2026 | Auto | ₹10,358 Cr | ₹1,485 | 0.23 | ₹1,590 Cr | 22.30 | 35.5% | 33.0% |
| 27 | HBL Engineering LimitedHBLENGINE · Jun 2026 | Auto | ₹20,785 Cr | ₹749.85 | 0.03 | ₹67 Cr | 76.24 | 35.0% | 58.0% |
| 28 | Hindustan Copper LimitedHINDCOPPER · Jun 2026 | Metal | ₹48,733 Cr | ₹503.95 | 0.03 | ₹111 Cr | 213.30 | 34.1% | 42.0% |
| 29 | Frontier Springs Ltd522195 · Mar 2026 | Auto | ₹1,387 Cr | ₹1,187 | 0.06 | ₹11 Cr | — | 33.7% | 51.0% |
| 30 | Suzlon Energy LimitedSUZLON · Jun 2026 | Electric Equipment | ₹59,574 Cr | ₹43.34 | 0.06 | ₹556 Cr | 6.30 | 33.2% | 35.0% |
| 31 | Solar Industries India LimitedSOLARINDS · Jun 2026 | Chemicals | ₹174,329 Cr | ₹19,265 | 0.24 | ₹1,524 Cr | 17.78 | 32.7% | 37.0% |
| 32 | Panama Petrochem LimitedPANAMAPET · Jun 2026 | Oil & Gas | ₹2,874 Cr | ₹475.15 | 0.08 | ₹111 Cr | 23.89 | 32.6% | 19.0% |
| 33 | Indian Railway Catering And Tourism Corporation LimitedIRCTC · Mar 2026 | Travel Agencies | ₹37,656 Cr | ₹470.70 | 0.02 | ₹81 Cr | 87.89 | 32.3% | 46.0% |
| 34 | Infosys LimitedINFY · Mar 2026 | IT | ₹420,605 Cr | ₹1,038 | 0.10 | ₹9,176 Cr | 78.79 | 31.7% | 40.0% |
| 35 | MPS LimitedMPSLTD · Jun 2026 | IT | ₹4,443 Cr | ₹2,617 | 0.10 | ₹61 Cr | 101.20 | 31.5% | 39.0% |
| 36 | National Aluminium Company LimitedNATIONALUM · Jun 2026 | Metal | ₹64,741 Cr | ₹352.50 | 0.00 | ₹60 Cr | 72.00 | 31.2% | 40.0% |
| 37 | Hindustan Unilever LimitedHINDUNILVR · Jun 2026 | FMCG | ₹457,465 Cr | ₹1,947 | 0.03 | ₹1,478 Cr | 32.54 | 30.7% | 28.0% |
| 38 | Hawkins Cookers Ltd508486 · Jun 2026 | Consumer Durables | ₹4,385 Cr | ₹8,293 | 0.07 | ₹29 Cr | 41.75 | 30.6% | 41.0% |
| 39 | Garden Reach Shipbuilders & Engineers LimitedGRSE · Jun 2026 | Miscellaneous | ₹27,174 Cr | ₹2,372 | 0.01 | ₹37 Cr | 43.88 | 30.5% | 43.0% |
| 40 | Cupid LimitedCUPID · Jun 2026 | FMCG | ₹33,791 Cr | ₹251.30 | 0.12 | ₹56 Cr | 33.45 | 30.4% | 33.0% |
| 41 | Aimtron Electronics LimitedAIMTRON · Mar 2026 | Electronics - Components | ₹3,426 Cr | ₹1,662 | 0.23 | ₹55 Cr | — | 30.3% | 28.0% |
| 42 | Abbott India LimitedABBOTINDIA · Dec 2025 | Pharma | ₹57,288 Cr | ₹26,960 | 0.04 | ₹172 Cr | — | 30.3% | 45.0% |
| 43 | BLS International Services LimitedBLS · Jun 2026 | IT | ₹9,570 Cr | ₹232.54 | 0.17 | ₹431 Cr | 30.75 | 30.2% | 29.0% |
| 44 | Amic Forging Ltd544037 · Mar 2026 | Metal | ₹2,570 Cr | ₹2,297 | 0.03 | ₹6 Cr | — | 30.0% | 23.0% |
| 45 | Garuda Construction and Engineering LimitedGARUDA · Jun 2026 | Infrastructure | ₹1,645 Cr | ₹176.77 | 0.03 | ₹12 Cr | 60.46 | 29.9% | 42.0% |
| 46 | Bajaj Consumer Care LimitedBAJAJCON · Jun 2026 | FMCG | ₹6,731 Cr | ₹515.30 | 0.02 | ₹16 Cr | 173.55 | 29.5% | 31.0% |
| 47 | Mazagon Dock Shipbuilders LimitedMAZDOCK · Jun 2026 | Miscellaneous | ₹90,034 Cr | ₹2,232 | 0.05 | ₹447 Cr | 93.87 | 29.3% | 36.0% |
| 48 | Thyrocare Technologies LimitedTHYROCARE · Jun 2026 | Healthcare | ₹9,095 Cr | ₹571.45 | 0.09 | ₹51 Cr | 72.18 | 29.1% | 35.0% |
| 49 | Motherson Sumi Wiring India LimitedMSUMI · Jun 2026 | Auto | ₹23,609 Cr | ₹35.60 | 0.11 | ₹233 Cr | 33.80 | 29.0% | 39.0% |
| 50 | eClerx Services LimitedECLERX · Jun 2026 | IT | ₹17,956 Cr | ₹1,951 | 0.15 | ₹385 Cr | 20.40 | 28.5% | 35.0% |
| 51 | Valiant Communications Ltd526775 · Jun 2026 | Telecom - Equipment & Accessories | ₹1,397 Cr | ₹1,270 | 0.03 | ₹3 Cr | 151.78 | 28.4% | 40.0% |
| 52 | 3M India Limited3MINDIA · Jun 2025 | Diversified - Large | ₹39,118 Cr | ₹34,725 | 0.10 | ₹170 Cr | 63.01 | 28.1% | 50.0% |
| 53 | Cummins India LimitedCUMMINSIND · Jun 2026 | Auto | ₹140,457 Cr | ₹5,067 | 0.00 | ₹37 Cr | 187.57 | 27.9% | 40.0% |
| 54 | Accent Microcell LimitedACCENTMIC · Mar 2026 | Pharma | ₹1,635 Cr | ₹681.75 | 0.00 | ₹1 Cr | — | 27.9% | 25.0% |
| 55 | Vikram Thermo India Ltd530477 · Jun 2026 | Chemicals | ₹1,050 Cr | ₹338.70 | 0.03 | ₹5 Cr | 113.18 | 27.9% | 36.0% |
| 56 | ITC LimitedITC · Jun 2026 | FMCG | ₹334,545 Cr | ₹267.00 | 0.03 | ₹2,399 Cr | 304.85 | 27.8% | 39.0% |
| 57 | Waaree Energies LimitedWAAREEENER · Jun 2026 | Electric Equipment | ₹71,884 Cr | ₹2,499 | 0.22 | ₹3,213 Cr | 17.56 | 27.7% | 39.0% |
| 58 | Coal India LimitedCOALINDIA · Jun 2026 | Metal | ₹255,568 Cr | ₹414.70 | 0.12 | ₹14,072 Cr | 25.56 | 27.7% | 35.0% |
| 59 | BOROSIL RENEWABLES LIMITEDBORORENEW · Jun 2026 | Glass & Glass Products | ₹6,973 Cr | ₹473.75 | 0.11 | ₹162 Cr | 24.37 | 27.6% | 25.0% |
| 60 | Hero MotoCorp LimitedHEROMOTOCO · Mar 2026 | Auto | ₹108,457 Cr | ₹5,419 | 0.04 | ₹779 Cr | 78.15 | 26.7% | 36.0% |
| 61 | Indo Tech Transformers LimitedINDOTECH · Jun 2026 | Electric Equipment | ₹3,519 Cr | ₹3,314 | 0.01 | ₹5 Cr | 42.59 | 26.6% | 38.0% |
| 62 | Arrow Greentech LimitedARROWGREEN · Jun 2026 | Plastics Products | ₹1,322 Cr | ₹876.05 | 0.01 | ₹2 Cr | 151.30 | 25.7% | 30.0% |
| 63 | TD Power Systems LimitedTDPOWERSYS · Jun 2026 | Electric Equipment | ₹23,350 Cr | ₹747.30 | 0.02 | ₹18 Cr | 202.52 | 25.6% | 33.0% |
| 64 | Emami LimitedEMAMILTD · Jun 2026 | FMCG | ₹16,613 Cr | ₹380.60 | 0.06 | ₹162 Cr | 71.57 | 25.6% | 30.0% |
| 65 | Bharat Electronics LimitedBEL · Jun 2026 | Electronics - Components | ₹291,295 Cr | ₹398.50 | 0.00 | ₹65 Cr | 1,053.81 | 25.6% | 37.0% |
| 66 | Raghav Productivity Enhancers LimitedRPEL · Jun 2026 | Metal | ₹7,771 Cr | ₹1,692 | 0.02 | ₹5 Cr | 120.54 | 25.5% | 30.0% |
| 67 | Indraprastha Medical Corporation LimitedINDRAMEDCO · Jun 2026 | Healthcare | ₹3,355 Cr | ₹365.95 | 0.05 | ₹37 Cr | 40.74 | 25.4% | 36.0% |
| 68 | Sharda Motor Industries LimitedSHARDAMOTR · Jun 2026 | Auto | ₹5,498 Cr | ₹957.75 | 0.04 | ₹49 Cr | 83.90 | 25.3% | 36.0% |
| 69 | Ajanta Pharma LimitedAJANTPHARM · Jun 2026 | Pharma | ₹44,262 Cr | ₹3,542 | 0.06 | ₹260 Cr | 77.57 | 25.1% | 32.0% |
| 70 | TAAL Tech Ltd539956 · Jun 2026 | Airline | ₹1,540 Cr | ₹5,133 | 0.00 | ₹1 Cr | — | 25.0% | 33.0% |
| 71 | Engineers India LimitedENGINERSIN · Jun 2026 | Infrastructure | ₹16,032 Cr | ₹285.25 | 0.01 | ₹17 Cr | 371.20 | 24.9% | 31.0% |
| 72 | Silver Touch Technologies LimitedSILVERTUC · Jun 2026 | IT | ₹2,038 Cr | ₹160.70 | 0.20 | ₹33 Cr | 7.38 | 24.8% | 29.0% |
| 73 | Hyundai Motor India LimitedHYUNDAI · Jun 2026 | Auto | ₹174,209 Cr | ₹2,144 | 0.05 | ₹1,098 Cr | 60.04 | 24.7% | 38.0% |
| 74 | Pidilite Industries LimitedPIDILITIND · Jun 2026 | Chemicals | ₹160,133 Cr | ₹1,573 | 0.04 | ₹417 Cr | 59.67 | 24.5% | 31.0% |
| 75 | Persistent Systems LimitedPERSISTENT · Jun 2026 | IT | ₹85,130 Cr | ₹5,449 | 0.06 | ₹477 Cr | 31.48 | 24.5% | 34.0% |
| 76 | Shaily Engineering Plastics LimitedSHAILY · Jun 2026 | Plastics Products | ₹15,018 Cr | ₹3,265 | 0.25 | ₹177 Cr | 14.17 | 24.4% | 29.0% |
| 77 | Polycab India LimitedPOLYCAB · Jun 2026 | Infrastructure | ₹126,074 Cr | ₹8,370 | 0.02 | ₹236 Cr | 14.85 | 24.2% | 33.0% |
| 78 | Triveni Turbine LimitedTRITURBINE · Jun 2026 | Electric Equipment | ₹17,664 Cr | ₹555.65 | 0.02 | ₹36 Cr | 138.67 | 23.8% | 36.0% |
| 79 | LG Electronics India LimitedLGEINDIA · Jun 2026 | Consumer Durables | ₹112,425 Cr | ₹1,656 | 0.06 | ₹459 Cr | — | 23.8% | 32.0% |
| 80 | CFF Fluid Control Ltd543920 · Mar 2026 | Aerospace & Defense | ₹2,229 Cr | ₹1,024 | 0.08 | ₹20 Cr | — | 23.7% | 24.0% |
| 81 | R R Kabel LimitedRRKABEL · Jun 2026 | Infrastructure | ₹27,278 Cr | ₹2,412 | 0.13 | ₹337 Cr | 9.19 | 23.6% | 28.0% |
| 82 | Gujarat Pipavav Port LimitedGPPL · Jun 2026 | Miscellaneous | ₹7,979 Cr | ₹164.99 | 0.02 | ₹37 Cr | 86.81 | 23.4% | 28.0% |
| 83 | Gandhar Oil Refinery (India) LimitedGANDHAR · Jun 2026 | Oil & Gas | ₹2,620 Cr | ₹267.65 | 0.23 | ₹315 Cr | 5.41 | 23.4% | 13.0% |
| 84 | Bayer CropScience LimitedBAYERCROP · Mar 2026 | Chemicals | ₹16,966 Cr | ₹3,775 | 0.03 | ₹82 Cr | 38.95 | 23.3% | 29.0% |
| 85 | HCL Technologies LimitedHCLTECH · Jun 2026 | IT | ₹346,609 Cr | ₹1,281 | 0.07 | ₹5,215 Cr | 25.72 | 23.2% | 31.0% |
| 86 | APL Apollo Tubes LimitedAPLAPOLLO · Jun 2026 | Metal | ₹60,560 Cr | ₹2,181 | 0.09 | ₹498 Cr | 12.52 | 23.2% | 32.0% |
| 87 | Eicher Motors LimitedEICHERMOT · Jun 2026 | Auto | ₹206,234 Cr | ₹7,512 | 0.02 | ₹514 Cr | 69.32 | 23.0% | 31.0% |
| 88 | Hindustan Aeronautics LimitedHAL · Jun 2026 | Engineering | ₹322,751 Cr | ₹4,826 | 0.00 | ₹11 Cr | 1,486.85 | 22.7% | 32.0% |
| 89 | INOX India LimitedINOXINDIA · Jun 2026 | Packaging | ₹18,996 Cr | ₹2,089 | 0.07 | ₹81 Cr | 32.54 | 22.6% | 33.0% |
| 90 | Krishna Defence and Allied Industries LimitedKRISHNADEF · Jun 2026 | Diversified - Medium / Small | ₹1,549 Cr | ₹1,038 | 0.01 | ₹2 Cr | — | 22.5% | 30.0% |
| 91 | Styrenix Performance Materials LimitedSTYRENIX · Jun 2026 | Oil & Gas | ₹3,688 Cr | ₹2,096 | 0.24 | ₹326 Cr | 22.46 | 22.4% | 15.0% |
| 92 | Asian Paints LimitedASIANPAINT · Jun 2026 | Consumer Durables | ₹233,938 Cr | ₹2,440 | 0.18 | ₹3,929 Cr | 28.04 | 22.4% | 26.0% |
| 93 | Hitachi Energy India LimitedPOWERINDIA · Jun 2026 | Electric Equipment | ₹142,052 Cr | ₹31,870 | 0.02 | ₹86 Cr | 85.38 | 22.2% | 29.0% |
| 94 | Macpower CNC Machines LimitedMACPOWER · Jun 2026 | Engineering | ₹1,956 Cr | ₹1,955 | 0.01 | ₹1 Cr | 24.78 | 22.1% | 29.0% |
| 95 | Godfrey Phillips India LimitedGODFRYPHLP · Jun 2026 | FMCG | ₹30,884 Cr | ₹1,980 | 0.04 | ₹234 Cr | 127.78 | 22.0% | 33.0% |
| 96 | S.J.S. Enterprises LimitedSJS · Jun 2026 | Plastics Products | ₹7,513 Cr | ₹2,330 | 0.03 | ₹23 Cr | 54.00 | 21.9% | 29.0% |
| 97 | Remus Pharmaceuticals LimitedREMUS · Mar 2026 | Pharma | ₹1,154 Cr | ₹979.05 | 0.08 | ₹27 Cr | — | 21.9% | 17.0% |
| 98 | NMDC LimitedNMDC · Jun 2026 | Metal | ₹70,159 Cr | ₹79.80 | 0.19 | ₹6,407 Cr | 72.57 | 21.9% | 28.0% |
| 99 | Apar Industries LimitedAPARINDS · Jun 2026 | Electric Equipment | ₹79,327 Cr | ₹18,945 | 0.18 | ₹956 Cr | 3.87 | 21.9% | 31.0% |
| 100 | Matrimony.Com LimitedMATRIMONY · Jun 2026 | Miscellaneous | ₹1,137 Cr | ₹549.80 | 0.24 | ₹49 Cr | 2.10 | 21.8% | 17.0% |
Showing the top 100 of 320 qualifying companies.
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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