Top Debt Free Companies in India

	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	Tata Consultancy Services Ltd (L)	Q V PT	3,534	-0.46%	12,84,548	4,586 02 Sep, 24	3,457 28 Feb, 25	26.34	11.30	17.69	9.50	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
2	Hindustan Unilever Ltd (L)	Q V PT	2,210	-1.06%	5,24,816	3,035 23 Sep, 24	2,136 04 Mar, 25	48.85	9.76	32.87	8.85	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
3	ITC Ltd (L)	Q V PT	408.2	0.38%	5,08,887	528.5 27 Sep, 24	391.5 03 Mar, 25	24.90	6.49	17.98	9.93	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
4	Life Insurance Corporation of India (L)	Q V PT	789.0	-1.06%	5,04,419	1,222 01 Aug, 24	715.4 03 Mar, 25	11.76	4.68	9.80	72.18	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
5	HCL Technologies Ltd (L)	Q V PT	1,521	-0.55%	4,15,042	2,011 13 Jan, 25	1,235 04 Jun, 24	24.32	5.65	14.42	9.72	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
6	Sun Pharmaceutical Industries Ltd (L)	Q V+ PT	1,701	0.24%	4,07,155	1,960 30 Sep, 24	1,377 04 Jun, 24	35.61	5.65	24.18	22.72	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
7	Maruti Suzuki India Ltd (L)	Q V PT	11,669	1.69%	3,60,794	13,675 01 Aug, 24	10,725 24 Dec, 24	24.81	3.89	14.22	10.90	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
8	Hindustan Aeronautics Ltd (L)	Q V+ PT	4,156	-1.57%	2,82,337	5,675 09 Jul, 24	3,046 03 Mar, 25	32.47	8.65	19.98	26.62	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
9	Bajaj Auto Ltd (L)	Q V+ PT	8,023	0.37%	2,23,230	12,772 27 Sep, 24	7,308 05 Mar, 25	29.63	6.73	19.72	11.50	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
10	Bharat Electronics Ltd (L)	Q V+ PT	277.5	-5.01%	2,13,555	340.4 10 Jul, 24	212.6 02 Apr, 24	42.99	11.41	29.11	15.69	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
11	Siemens Ltd (L)	Q V+ PT	5,158	-1.37%	1,86,253	8,130 16 Oct, 24	4,569 03 Mar, 25	73.86	11.96	49.17	18.97	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
12	SBI Life Insurance Company Ltd (L)	Q V PT	1,552	0.45%	1,54,820	1,935 03 Sep, 24	1,307 04 Jun, 24	64.23	9.33	57.75	7.34	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
13	HDFC Life Insurance Company Ltd (L)	Q V PT	698.0	0.71%	1,49,224	761.0 03 Sep, 24	511.1 04 Jun, 24	85.41	9.44	121.50	2.95	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
14	Divis Laboratories Ltd (L)	Q V+ PT	5,577	0.51%	1,47,295	6,449 02 Dec, 24	3,556 02 Apr, 24	71.26	10.30	45.50	3.51	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
15	Eicher Motors Ltd (L)	Q V PT	5,388	1.60%	1,45,404	5,552 04 Feb, 25	3,889 03 Apr, 24	32.73	7.28	25.02	12.35	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
16	Pidilite Industries Ltd (L)	Q V PT	2,840	0.40%	1,43,869	3,414 30 Sep, 24	2,620 03 Mar, 25	73.61	15.52	45.27	13.81	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
17	Ambuja Cements Ltd (L)	Q V PT	526.4	-0.57%	1,30,398	706.9 02 Jul, 24	452.9 21 Nov, 24	30.52	2.46	15.25	5.77	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
18	Cipla Ltd (L)	Q V PT	1,437	-0.54%	1,16,664	1,702 09 Oct, 24	1,318 10 May, 24	23.38	3.90	15.00	24.56	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
19	ABB India Ltd (L)	Q V+ PT	5,225	-3.03%	1,14,169	9,200 18 Jun, 24	4,893 03 Mar, 25	60.90	16.14	40.87	35.82	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History
20	Zydus Lifesciences Ltd (L)	Q V PT	871.3	-0.71%	88,297	1,324 09 Aug, 24	859.1 04 Mar, 25	19.46	3.87	12.57	15.65	Decision Maker 10 Years X-Ray Quarterly Results P/E Chart Peer Comparison News Price to Sales Chart Dividend History

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.