Stocks trading at a discount to their industry P/E
Profitable companies with ROE of at least 12% and moderate debt whose P/E is at least 30% below their industry's median P/E.
Prices as of 21 Sep 2026
112 companies qualify
4,746 companies screened
The rule, exactly as applied
P/E > 0P/E ≤ 70% of industry P/EROE ≥ 12%Debt/Equity ≤ 1Profitable (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 | P/E | Industry P/E | ROE | Debt/Equity | Profit CAGR 3Y |
|---|---|---|---|---|---|---|---|---|---|
| 1 | DCM Shriram LimitedDCMSHRIRAM · Jun 2026 | Diversified - Mega | ₹15,241 Cr | ₹984.20 | 10.63 | 63.40 | 18.6% | 0.38 | -1.0% |
| 2 | The Bombay Burmah Trading Corporation LimitedBBTC · Mar 2026 | Auto | ₹10,358 Cr | ₹1,485 | 4.14 | 24.20 | 35.5% | 0.23 | +31.0% |
| 3 | Blue Dart Express LimitedBLUEDART · Jun 2026 | Couriers | ₹11,404 Cr | ₹4,806 | 39.73 | 194.00 | 16.2% | 0.64 | -8.0% |
| 4 | The Phoenix Mills LimitedPHOENIXLTD · Jun 2026 | Infrastructure | ₹68,996 Cr | ₹1,929 | 44.86 | 203.80 | 14.0% | 0.48 | +14.0% |
| 5 | Balmer Lawrie Investments Ltd532485 · Jun 2026 | Financial Services | ₹1,494 Cr | ₹67.46 | 5.30 | 22.10 | 19.6% | 0.15 | +17.0% |
| 6 | HMA Agro Industries LimitedHMAAGRO · Jun 2026 | FMCG | ₹1,199 Cr | ₹23.95 | 5.58 | 22.00 | 22.9% | 0.90 | +11.0% |
| 7 | Gujarat Industries Power Company LimitedGIPCL · Jun 2026 | Energy | ₹2,939 Cr | ₹189.36 | 5.84 | 22.60 | 13.1% | 0.94 | +29.0% |
| 8 | UTI Asset Management Company LimitedUTIAMC · Jun 2026 | Financial Services | ₹11,887 Cr | ₹924.80 | 10.11 | 34.90 | 26.1% | 0.03 | +2.0% |
| 9 | CIE Automotive India LimitedCIEINDIA · Jun 2026 | Metal | ₹14,991 Cr | ₹395.15 | 16.60 | 51.40 | 12.1% | 0.06 | +127.0% |
| 10 | Kama Holdings Ltd532468 · Jun 2026 | Financial Services | ₹7,221 Cr | ₹2,250 | 3.33 | 10.20 | 27.1% | 0.63 | -8.0% |
| 11 | Mayur Uniquoters LtdMAYURUNIQ · Jun 2026 | Leather / Leather Products | ₹3,264 Cr | ₹751.25 | 15.79 | 45.70 | 18.2% | 0.01 | +23.0% |
| 12 | NMDC LimitedNMDC · Jun 2026 | Metal | ₹70,159 Cr | ₹79.80 | 9.41 | 27.20 | 21.9% | 0.19 | +17.0% |
| 13 | GHCL LimitedGHCL · Mar 2026 | Chemicals | ₹3,864 Cr | ₹421.55 | 8.17 | 23.60 | 13.3% | 0.02 | -25.0% |
| 14 | Chambal Fertilizers & Chemicals LimitedCHAMBLFERT · Jun 2026 | Chemicals | ₹16,715 Cr | ₹417.20 | 8.67 | 24.80 | 18.5% | 0.10 | +25.0% |
| 15 | Jay Bharat Maruti LimitedJAYBARMARU · Jun 2026 | Auto | ₹1,189 Cr | ₹109.85 | 8.63 | 24.20 | 19.8% | 0.76 | +55.0% |
| 16 | Vedanta LimitedVEDL · Jun 2026 | Metal | ₹101,720 Cr | ₹260.50 | 3.56 | 9.80 | 57.5% | 0.56 | -7.0% |
| 17 | Indus Towers LimitedINDUSTOWER · Jun 2026 | Infrastructure | ₹99,594 Cr | ₹377.65 | 13.92 | 37.50 | 18.0% | 0.53 | +50.0% |
| 18 | Happy Forgings LimitedHAPPYFORGE · Jun 2026 | Metal | ₹19,910 Cr | ₹2,109 | 60.73 | 163.20 | 15.4% | 0.16 | +13.0% |
| 19 | Bajaj Holdings & Investment LimitedBAJAJHLDNG · Jun 2026 | Financial Services | ₹126,975 Cr | ₹11,409 | 13.00 | 34.90 | 13.4% | 0.00 | +19.0% |
| 20 | General Insurance Corporation of IndiaGICRE · Jun 2026 | Financial Services | ₹60,737 Cr | ₹346.20 | 6.84 | 18.20 | 12.6% | 0.00 | +12.0% |
| 21 | Innova Captab LimitedINNOVACAP · Jun 2026 | Pharma | ₹6,857 Cr | ₹1,198 | 13.79 | 36.60 | 45.6% | 0.32 | +28.0% |
| 22 | IRM Energy LimitedIRMENERGY · Mar 2026 | Miscellaneous | ₹1,116 Cr | ₹271.75 | 6.71 | 17.70 | 16.7% | 0.07 | -5.0% |
| 23 | FSN E-Commerce Ventures LimitedNYKAA · Jun 2026 | Trading | ₹96,273 Cr | ₹336.00 | 370.62 | 958.80 | 18.1% | 0.86 | +122.0% |
| 24 | Suzlon Energy LimitedSUZLON · Jun 2026 | Electric Equipment | ₹59,574 Cr | ₹43.34 | 18.95 | 48.70 | 33.2% | 0.06 | +165.0% |
| 25 | Ceinsys Tech Ltd538734 · Jun 2026 | IT | ₹1,412 Cr | ₹674.30 | 10.62 | 27.10 | 19.8% | 0.08 | +63.0% |
| 26 | Kernex Microsystems (India) LimitedKERNEX · Mar 2026 | Electronics - Components | ₹2,991 Cr | ₹1,780 | 33.99 | 84.00 | 35.5% | 0.65 | +86.0% |
| 27 | JSW Steel LimitedJSWSTEEL · Jun 2026 | Metal | ₹309,643 Cr | ₹1,269 | 11.06 | 27.20 | 28.0% | 0.99 | +34.0% |
| 28 | Remus Pharmaceuticals LimitedREMUS · Mar 2026 | Pharma | ₹1,154 Cr | ₹979.05 | 15.04 | 36.60 | 21.9% | 0.08 | — |
| 29 | CEAT LimitedCEATLTD · Jun 2026 | Auto | ₹13,724 Cr | ₹3,393 | 21.38 | 51.40 | 12.7% | 0.65 | +53.0% |
| 30 | Coal India LimitedCOALINDIA · Jun 2026 | Metal | ₹255,568 Cr | ₹414.70 | 7.75 | 18.60 | 27.7% | 0.12 | -1.0% |
| 31 | String Metaverse Ltd534535 · Jun 2026 | IT | ₹1,027 Cr | ₹8.01 | 8.42 | 20.20 | 36.8% | 0.02 | +326.0% |
| 32 | Vinyas Innovative Technologies LimitedVINYAS · Mar 2026 | Electronics - Components | ₹1,803 Cr | ₹1,432 | 36.05 | 84.00 | 21.2% | 0.56 | +61.0% |
| 33 | Bondada Engineering Ltd543971 · Jun 2026 | Telecom - Infrastructure | ₹2,978 Cr | ₹268.60 | 13.36 | 31.00 | 32.1% | 0.42 | +125.0% |
| 34 | Bansal Wire Industries LimitedBANSALWIRE · Jun 2026 | Metal | ₹4,949 Cr | ₹316.10 | 9.32 | 21.20 | 37.1% | 0.39 | +40.0% |
| 35 | Dolat Algotech LimitedDOLATALGO · Jun 2026 | Financial Services | ₹1,176 Cr | ₹66.79 | 8.11 | 18.20 | 12.8% | 0.25 | +4.0% |
| 36 | Lincoln Pharmaceuticals LimitedLINCOLN · Jun 2026 | Pharma | ₹1,205 Cr | ₹601.55 | 12.44 | 27.70 | 12.8% | 0.01 | +7.0% |
| 37 | Websol Energy System LimitedWEBELSOLAR · Jun 2026 | Electric Equipment | ₹3,127 Cr | ₹72.03 | 10.00 | 22.20 | 49.6% | 0.21 | — |
| 38 | Nitta Gelatin India Ltd506532 · Jun 2026 | Chemicals | ₹1,590 Cr | ₹1,751 | 15.41 | 33.90 | 20.2% | 0.01 | +13.0% |
| 39 | Swaraj Engines LimitedSWARAJENG · Jun 2026 | Auto | ₹4,340 Cr | ₹3,572 | 21.43 | 46.70 | 41.4% | 0.00 | +14.0% |
| 40 | Avanti Feeds LimitedAVANTIFEED · Jun 2026 | FMCG | ₹10,450 Cr | ₹767.00 | 17.79 | 38.60 | 17.9% | 0.00 | +32.0% |
| 41 | Siyaram Silk Mills LimitedSIYSIL · Jun 2026 | Textiles - Processing | ₹2,405 Cr | ₹530.00 | 10.12 | 21.90 | 16.3% | 0.24 | -2.0% |
| 42 | Navneet Education LimitedNAVNETEDUL · Jun 2026 | Printing & Stationery | ₹2,805 Cr | ₹126.82 | 7.95 | 17.20 | 17.3% | 0.05 | -1.0% |
| 43 | Life Insurance Corporation Of IndiaLICI · Jun 2026 | Financial Services | ₹506,000 Cr | ₹400.00 | 8.43 | 18.20 | 34.0% | 0.00 | +17.0% |
| 44 | Jyoti Resins & Adhesives Ltd514448 · Jun 2026 | Chemicals | ₹1,010 Cr | ₹842.80 | 15.84 | 33.90 | 22.1% | 0.00 | +15.0% |
| 45 | Lupin LimitedLUPIN · Mar 2026 | Pharma | ₹97,146 Cr | ₹2,124 | 18.14 | 38.50 | 23.9% | 0.29 | +141.0% |
| 46 | Unihealth Hospitals LimitedUNIHEALTH · Mar 2026 | Healthcare | ₹1,068 Cr | ₹680.00 | 17.46 | 36.90 | 44.3% | 0.28 | +50.0% |
| 47 | Chennai Petroleum Corporation LimitedCHENNPETRO · Jun 2026 | Oil & Gas | ₹20,483 Cr | ₹1,376 | 4.91 | 10.30 | 37.6% | 0.18 | -4.0% |
| 48 | Concord Biotech LimitedCONCORDBIO · Jun 2026 | Pharma | ₹16,523 Cr | ₹1,579 | 59.75 | 124.70 | 13.7% | 0.00 | +4.0% |
| 49 | Balmer Lawrie & Company LimitedBALMLAWRIE · Jun 2026 | Diversified - Large | ₹2,839 Cr | ₹166.01 | 10.36 | 21.60 | 13.2% | 0.11 | +17.0% |
| 50 | Indraprastha Medical Corporation LimitedINDRAMEDCO · Jun 2026 | Healthcare | ₹3,355 Cr | ₹365.95 | 17.82 | 36.90 | 25.4% | 0.05 | +28.0% |
| 51 | Shipping Corporation Of India LimitedSCI · Mar 2026 | Infrastructure | ₹13,068 Cr | ₹280.55 | 9.66 | 19.90 | 14.9% | 0.29 | +16.0% |
| 52 | Wipro LimitedWIPRO · Jun 2026 | IT | ₹162,790 Cr | ₹164.55 | 12.25 | 25.00 | 15.1% | 0.23 | +5.0% |
| 53 | Dalmia Bharat Sugar and Industries LimitedDALMIASUG · Mar 2026 | FMCG | ₹3,109 Cr | ₹384.10 | 7.86 | 16.00 | 12.2% | 0.56 | -1.0% |
| 54 | SKM Egg Products Export (India) LimitedSKMEGGPROD · Jun 2026 | FMCG | ₹1,208 Cr | ₹229.05 | 10.82 | 22.00 | 28.3% | 0.36 | +11.0% |
| 55 | Panama Petrochem LimitedPANAMAPET · Jun 2026 | Oil & Gas | ₹2,874 Cr | ₹475.15 | 6.00 | 12.00 | 32.6% | 0.08 | -3.0% |
| 56 | Powerica LimitedPOWERICA · Jun 2026 | Specialty Industrial Machinery | ₹7,189 Cr | ₹568.10 | 25.05 | 48.70 | 14.4% | 0.29 | +36.0% |
| 57 | NIIT Learning Systems LimitedNIITMTS · Jun 2026 | IT | ₹2,967 Cr | ₹215.26 | 11.60 | 22.50 | 16.6% | 0.21 | +3.0% |
| 58 | Indian Oil Corporation LimitedIOC · Jun 2026 | Oil & Gas | ₹192,797 Cr | ₹136.53 | 5.40 | 10.30 | 16.3% | 0.60 | +63.0% |
| 59 | Manoj Vaibhav Gems N Jewellers LimitedMVGJL · Jun 2026 | Consumer Durables | ₹1,048 Cr | ₹214.51 | 8.62 | 16.40 | 14.6% | 0.59 | +17.0% |
| 60 | Alpex Solar LimitedALPEXSOLAR · Jun 2026 | Electric Equipment | ₹2,341 Cr | ₹916.65 | 11.71 | 22.20 | 35.6% | 0.96 | +278.0% |
| 61 | Southern Petrochemicals Industries Corporation LimitedSPIC · Jun 2026 | Chemicals | ₹1,359 Cr | ₹66.74 | 6.65 | 12.60 | 14.9% | 0.51 | -11.0% |
| 62 | Chaman Lal Setia Exports LimitedCLSEL · Jun 2026 | FMCG | ₹1,458 Cr | ₹293.25 | 11.68 | 22.00 | 14.9% | 0.10 | -1.0% |
| 63 | Ddev Plastiks Industries LimitedDDEVPLSTIK · Jun 2026 | Chemicals | ₹2,689 Cr | ₹259.90 | 12.58 | 23.60 | 21.1% | 0.06 | +25.0% |
| 64 | Zensar Technologies LimitedZENSARTECH · Jun 2026 | IT | ₹9,898 Cr | ₹436.40 | 13.40 | 25.00 | 15.7% | 0.02 | +36.0% |
| 65 | KRBL LimitedKRBL · Jun 2026 | FMCG | ₹8,999 Cr | ₹393.15 | 11.87 | 22.00 | 13.1% | 0.03 | -3.0% |
| 66 | Hindustan Copper LimitedHINDCOPPER · Jun 2026 | Metal | ₹48,733 Cr | ₹503.95 | 42.80 | 78.20 | 34.1% | 0.03 | +50.0% |
| 67 | SRF LimitedSRF · Jun 2026 | Chemicals | ₹75,287 Cr | ₹2,540 | 34.82 | 63.40 | 15.4% | 0.36 | -4.0% |
| 68 | Uniparts India LimitedUNIPARTS · Jun 2026 | Engineering | ₹3,857 Cr | ₹854.85 | 21.39 | 38.40 | 20.7% | 0.18 | -8.0% |
| 69 | Indian Railway Catering And Tourism Corporation LimitedIRCTC · Mar 2026 | Travel Agencies | ₹37,656 Cr | ₹470.70 | 27.04 | 47.90 | 32.3% | 0.02 | +12.0% |
| 70 | Federal-Mogul Goetze (India) Limited.FMGOETZE · Jun 2026 | Auto | ₹2,443 Cr | ₹439.10 | 13.69 | 24.20 | 12.4% | 0.00 | +22.0% |
| 71 | Expleo Solutions LimitedEXPLEOSOL · Jun 2026 | IT | ₹1,371 Cr | ₹883.15 | 9.91 | 17.50 | 17.8% | 0.01 | +0.0% |
| 72 | Shanti Gold International LimitedSHANTIGOLD · Jun 2026 | Consumer Durables | ₹1,985 Cr | ₹258.69 | 10.65 | 18.70 | 31.2% | 0.36 | +92.0% |
| 73 | Infosys LimitedINFY · Mar 2026 | IT | ₹420,605 Cr | ₹1,038 | 14.28 | 25.00 | 31.7% | 0.10 | +8.0% |
| 74 | Aimtron Electronics LimitedAIMTRON · Mar 2026 | Electronics - Components | ₹3,426 Cr | ₹1,662 | 48.06 | 84.00 | 30.3% | 0.23 | — |
| 75 | Dixon Technologies (India) LimitedDIXON · Jun 2026 | Consumer Durables | ₹81,171 Cr | ₹13,350 | 38.99 | 67.70 | 44.5% | 0.21 | +77.0% |
| 76 | Accent Microcell LimitedACCENTMIC · Mar 2026 | Pharma | ₹1,635 Cr | ₹681.75 | 21.22 | 36.60 | 27.9% | 0.00 | +53.0% |
| 77 | Butterfly Gandhimathi Appliances LimitedBUTTERFLY · Jun 2026 | Consumer Durables | ₹1,027 Cr | ₹574.35 | 21.44 | 36.70 | 12.9% | 0.02 | -3.0% |
| 78 | Mazagon Dock Shipbuilders LimitedMAZDOCK · Jun 2026 | Miscellaneous | ₹90,034 Cr | ₹2,232 | 31.55 | 53.60 | 29.3% | 0.05 | +32.0% |
| 79 | GM Breweries LimitedGMBREW · Jun 2026 | FMCG | ₹2,164 Cr | ₹947.00 | 16.18 | 27.30 | 12.4% | 0.00 | — |
| 80 | Balkrishna Industries LimitedBALKRISIND · Jun 2026 | Auto | ₹42,855 Cr | ₹2,217 | 30.50 | 51.40 | 12.8% | 0.38 | +8.0% |
| 81 | HBL Engineering LimitedHBLENGINE · Jun 2026 | Auto | ₹20,785 Cr | ₹749.85 | 26.79 | 44.90 | 35.0% | 0.03 | +105.0% |
| 82 | AIA Engineering LimitedAIAENG · Jun 2026 | Metal | ₹36,778 Cr | ₹3,941 | 29.09 | 48.70 | 15.8% | 0.00 | +7.0% |
| 83 | La Opala RG LimitedLAOPALA · Dec 2025 | Glass & Glass Products | ₹1,794 Cr | ₹161.59 | 14.58 | 24.40 | 15.0% | 0.01 | — |
| 84 | Tembo Global Industries LimitedTEMBO · Jun 2026 | Trading | ₹1,119 Cr | ₹57.80 | 10.23 | 17.10 | 24.1% | 0.85 | +136.0% |
| 85 | Gulf Oil Lubricants India LimitedGULFOILLUB · Jun 2026 | Chemicals | ₹5,241 Cr | ₹1,058 | 14.13 | 23.60 | 24.1% | 0.37 | +16.0% |
| 86 | LT Foods LimitedLTFOODS · Jun 2026 | FMCG | ₹14,960 Cr | ₹430.80 | 23.35 | 38.60 | 14.2% | 0.36 | +16.0% |
| 87 | Automotive Axles LimitedAUTOAXLES · Jun 2026 | Auto | ₹2,560 Cr | ₹1,694 | 14.66 | 24.20 | 15.9% | 0.01 | +2.0% |
| 88 | Tata Consultancy Services LimitedTCS · Jun 2026 | IT | ₹770,182 Cr | ₹2,129 | 15.39 | 25.00 | 46.7% | 0.11 | +8.0% |
| 89 | Patanjali Foods LimitedPATANJALI · Mar 2026 | FMCG | ₹43,102 Cr | ₹396.20 | 23.76 | 38.60 | 13.9% | 0.21 | — |
| 90 | United Spirits LimitedUNITDSPR · Jun 2026 | FMCG | ₹99,195 Cr | ₹1,397 | 52.65 | 85.20 | 21.0% | 0.05 | +23.0% |
| 91 | CIAN Agro Industries & Infrastructure Ltd519477 · Jun 2026 | Edible Oil | ₹3,366 Cr | ₹1,202 | 10.43 | 16.60 | 15.0% | 0.56 | +722.0% |
| 92 | EIH Associated Hotels LimitedEIHAHOTELS · Mar 2026 | Hotels | ₹1,821 Cr | ₹298.85 | 18.94 | 30.00 | 16.0% | 0.01 | +12.0% |
| 93 | Garden Reach Shipbuilders & Engineers LimitedGRSE · Jun 2026 | Miscellaneous | ₹27,174 Cr | ₹2,372 | 33.93 | 53.60 | 30.5% | 0.01 | +50.0% |
| 94 | Emami LimitedEMAMILTD · Jun 2026 | FMCG | ₹16,613 Cr | ₹380.60 | 22.16 | 34.80 | 25.6% | 0.06 | +8.0% |
| 95 | Veedol Corporation LimitedVEEDOL · Jun 2026 | Chemicals | ₹2,306 Cr | ₹1,357 | 15.05 | 23.60 | 14.8% | 0.02 | +19.0% |
| 96 | Sharda Cropchem LimitedSHARDACROP · Jun 2026 | Chemicals | ₹6,728 Cr | ₹745.75 | 10.74 | 16.80 | 20.0% | 0.00 | +27.0% |
| 97 | Finolex Cables LimitedFINCABLES · Jun 2026 | Infrastructure | ₹21,407 Cr | ₹1,400 | 28.76 | 44.90 | 12.2% | 0.00 | +12.0% |
| 98 | Hindustan Aeronautics LimitedHAL · Jun 2026 | Engineering | ₹322,751 Cr | ₹4,826 | 34.62 | 53.60 | 22.7% | 0.00 | +16.0% |
| 99 | Gandhi Special Tubes LimitedGANDHITUBE · Jun 2026 | Metal | ₹1,026 Cr | ₹909.30 | 13.74 | 21.20 | 23.6% | 0.00 | +16.0% |
| 100 | Atul LimitedATUL · Jun 2026 | Chemicals | ₹17,918 Cr | ₹6,086 | 22.10 | 33.90 | 13.0% | 0.03 | +9.0% |
Showing the top 100 of 112 qualifying companies.
About this screen
Comparing a company's P/E with its own industry's median removes the biggest distortion in raw P/E screens: that entire sectors (banks, metals, PSUs) trade at structurally low multiples. What remains is a list of companies the market prices well below similar businesses, filtered for adequate profitability (ROE ≥ 12%) and manageable leverage (debt/equity ≤ 1). Each row is a question worth researching, not an answer: find out why the market disagrees.
Related screens
Low P/E StocksProfitable companies valued at less than 12 times their trailing-twelve-month earnings, market cap above ₹1,00…Stocks Below Book ValueListed Indian companies whose market capitalisation is less than their net worth (price-to-book below 1).High Dividend Yield StocksProfitable companies with market cap above ₹1,000 Cr paying a dividend yield of 3% or more at today's price.
