Top Debt Free Companies in India

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Explore the top debt-free companies in India and see why being free from loans helps them do better in tough times. Find out how not having debt can be a big advantage. Check out the list of debt-free stocks below.

See MoneyWorks4me's rating on Quality, Valuation, Price Trend and Overall Rating to take informed stock investing decisions.
Decizen:- Q: Quality, V: Valuation, PT: Price Trend

Top Debt Free Companies in India as on 21-Nov-2024 20 companies found


Company Name
DeciZen


CMP


Price
Change


Market
Cap (Cr)


52 Week
High


52 Week
Low


P/E


P/BV


EV /
EBITDA


5Y /
Profit Gr(%)
More Info
1
Q V PT
4,050 0.27% 14,61,454 4,586
02 Sep, 24
3,432
28 Nov, 23
30.81 14.43 20.45 9.50
2
(L)
Q V PT
456.6 -2.31% 5,84,646 528.5
27 Sep, 24
399.3
12 Mar, 24
28.40 8.01 20.50 9.70
3
Q V PT
888.8 -0.90% 5,67,257 1,222
01 Aug, 24
608.0
23 Nov, 23
13.74 5.87 11.53 72.18
4
Q V PT
2,380 -1.29% 5,66,439 3,035
23 Sep, 24
2,170
16 Apr, 24
55.17 11.16 35.62 8.85
5
Q V+ PT
1,828 0.42% 4,93,941 1,897
14 Nov, 24
1,235
04 Jun, 24
29.35 7.17 17.39 9.72
6
Q V+ PT
1,764 -0.63% 4,25,930 1,960
30 Sep, 24
1,180
21 Nov, 23
38.53 6.16 26.52 22.72
7
Q V PT
10,911 -0.52% 3,44,851 13,675
01 Aug, 24
9,738
18 Jan, 24
24.59 3.87 13.97 10.80
8
Q V+ PT
3,995 -1.52% 2,71,322 5,675
09 Jul, 24
2,088
22 Nov, 23
31.85 8.70 19.77 26.62
9
Q V+ PT
9,499 -0.50% 2,66,592 12,772
27 Sep, 24
5,610
20 Nov, 23
36.17 8.61 24.18 11.50
10
Q V+ PT
6,688 0.68% 2,36,560 8,130
16 Oct, 24
3,520
22 Nov, 23
97.57 16.38 66.33 13.71
11
Q V+ PT
275.2 -1.26% 2,03,724 340.4
10 Jul, 24
137.4
24 Nov, 23
44.83 11.71 30.23 15.69
12
Q V+ PT
5,952 0.95% 1,56,524 6,276
15 Oct, 24
3,350
27 Mar, 24
85.25 11.41 52.43 3.51
13
Q V PT
2,948 -1.77% 1,52,637 3,414
30 Sep, 24
2,472
21 Nov, 23
79.81 17.51 49.19 13.81
14
Q V PT
1,483 -2.63% 1,52,606 1,935
03 Sep, 24
1,307
04 Jun, 24
69.96 9.39 62.13 7.34
15
Q V PT
673.5 -1.01% 1,46,448 761.0
03 Sep, 24
511.1
04 Jun, 24
86.49 9.39 123.09 2.95
16
Q V+ PT
6,763 1.00% 1,41,906 9,200
18 Jun, 24
4,193
28 Nov, 23
84.07 20.92 56.82 35.82
17
Q V PT
4,905 -1.21% 1,36,099 5,105
27 Sep, 24
3,564
24 Jan, 24
31.89 7.17 24.03 12.35
18
Q V PT
496.3 -9.70% 1,35,373 706.9
02 Jul, 24
408.6
23 Nov, 23
45.42 2.69 18.45 5.77
19
(L)
Q V PT
1,456 -1.04% 1,18,828 1,702
09 Oct, 24
1,165
23 Nov, 23
26.55 4.19 15.85 24.56
20
Q V PT
941.6 -0.56% 95,280 1,324
09 Aug, 24
628.0
28 Nov, 23
22.14 4.37 14.21 15.65

Here are some potential benefits of investing in Debt Free stocks: 

Financial Stability: Debt-free companies are financially stable as they do not have the burden of repaying loans. This stability can lead to consistent performance and less risk of bankruptcy.

Lower Risk: Investing in debt-free companies reduces the risk associated with high-interest payments and financial distress during economic downturns.

Better Profit Margins: Without debt, companies can retain more of their earnings, leading to higher profit margins and potentially better returns for investors.

Resilience in Economic Downturns: Debt-free companies are better positioned to weather economic downturns and market volatility, as they do not have the pressure of meeting interest payments.

Higher Credit Rating: Companies without debt typically have higher credit ratings, making it easier for them to access capital if needed without compromising their financial health.

Strong Growth Potential: With more available capital, debt-free companies can reinvest in their business, driving growth and innovation.

Attractive to Investors: Debt-free companies are often seen as safe havens, attracting more investors which can lead to stock price appreciation.

Sustainable Dividends: Companies with no debt are more likely to sustain or increase dividend payments, providing a steady income stream for investors.

Operational Flexibility: Without debt obligations, companies have more flexibility to make strategic decisions and investments, enhancing long-term growth prospects.

Investor Confidence: Debt-free status often reflects prudent management and sound business practices, boosting investor confidence in the company's future.

News about Top Debt Free Companies in India

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