Debt Free Stocks
as on 12 Nov 2026 at 3:59 PM404.00 | 1.00% | 1,89,83,640 | ₹ 5,11,060 | 8.20 | -14.07 | 460.50 | 360.75 | 2.47% | -0.49% | -10.28% | 32.40% | -7.68% | 2.67 | 2.50% | 32.48% | 0.98% | 90.84 | 397.79 | 409.13 | 55.96 | - | 87.50% | |
1,819.50 | 2.97% | 17,44,782 | ₹ 1,82,570 | 66.70 | -14.07 | 2,132.00 | 1,607.70 | 8.01% | -0.98% | -8.90% | 34.24% | 57.78% | 8.62 | 0.15% | 12.94% | 0.52% | 24.64 | 1,707.08 | 1,833.88 | 68.84 | - | 91.00% | |
3,124.20 | 0.36% | 1,85,993 | ₹ 1,54,416 | 43.40 | -14.07 | 3,611.00 | 2,530.00 | 3.10% | 3.16% | 20.82% | 20.82% | 20.82% | 28.79 | 0.96% | 79.07% | 103.63% | 66.70 | 2,982.88 | 3,103.47 | 65.45 | - | 80.00% | |
2,730.00 | 0.55% | 10,12,550 | ₹ 1,17,137 | 39.10 | -14.07 | 2,901.50 | 2,205.60 | 20.66% | 8.55% | -0.36% | 97.12% | 106.20% | 13.52 | 1.99% | 30.97% | 39.25% | 66.77 | 2,403.81 | 2,561.23 | 74.75 | - | 87.25% | |
521.45 | 1.55% | 15,52,793 | ₹ 1,06,210 | 34.30 | -14.07 | 624.95 | 433.65 | 4.29% | -8.27% | -9.16% | -9.16% | -9.16% | 13.84 | 15.50% | 51.44% | 66.39% | 15.08 | 515.50 | - | 59.65 | - | 88.00% | |
1,700.60 | 1.41% | 4,83,643 | ₹ 84,964 | 32.70 | -14.07 | 2,064.90 | 1,423.10 | 0.62% | 3.47% | -14.80% | 25.76% | 12.79% | 4.43 | 0.42% | 16.66% | -8.32% | 55.74 | 1,576.10 | 1,726.39 | 65.20 | - | 87.50% | |
339.05 | 1.22% | 3,61,649 | ₹ 59,483 | 6.60 | -14.07 | 417.95 | 308.00 | 8.46% | -4.68% | -11.88% | 49.69% | 129.17% | 0.79 | 3.96% | 12.77% | -52.91% | 55.08 | 332.41 | 363.84 | 58.15 | - | 84.00% | |
161.21 | 0.73% | 5,73,426 | ₹ 26,567 | -49.80 | -14.07 | 242.60 | 116.97 | -0.63% | -10.12% | -11.79% | 16.78% | -0.15% | 0.94 | 0.94% | 4.74% | -3.72% | 8.57 | 176.50 | 164.89 | 45.00 | - | 78.76% | |
19,836.00 | -0.18% | 1,20,130 | ₹ 25,852 | 21.90 | -1,158.17 | 26,450.00 | 16,184.00 | 17.37% | 8.22% | 12.99% | - | 1,122.26% | 5.64 | 0.25% | 28.87% | 33.80% | 919.56 | 17,512.10 | 19,311.15 | 73.53 | - | 75.00% | |
3,862.00 | -0.08% | 1,37,078 | ₹ 24,062 | 35.90 | -5.83 | 5,950.00 | 2,996.00 | 23.39% | 1.77% | -26.90% | -52.05% | -41.41% | 8.26 | 1.94% | 36.00% | 52.73% | 32.76 | 3,509.05 | 4,042.57 | 62.24 | - | 87.08% | |
17,370.00 | -2.04% | 6,383 | ₹ 18,556 | 92.40 | 40.51 | 20,151.00 | 11,920.00 | 7.67% | 0.27% | 11.78% | 35.30% | 86.15% | 6.24 | 0.20% | 4.56% | 5.85% | 122.37 | 17,069.04 | 15,882.88 | 56.21 | - | 84.00% | |
7,729.00 | -0.22% | 23,541 | ₹ 17,956 | 42.20 | 24.99 | 8,079.50 | 2,690.70 | 10.45% | 10.09% | 123.48% | 454.95% | 810.63% | 6.19 | 0.15% | 12.73% | 16.71% | 145.59 | 7,013.32 | 5,743.29 | 64.12 | - | 78.23% | |
12,032.00 | 0.01% | 1,324 | ₹ 13,751 | 45.10 | -14.07 | 15,680.00 | 10,901.00 | -1.01% | -12.72% | -17.21% | 55.71% | 170.59% | 0.42 | 1.33% | 1.12% | 1.00% | 271.70 | 12,615.10 | 12,801.67 | 46.81 | - | - | |
11,366.00 | 3.01% | 10,737 | ₹ 12,616 | 60.90 | -14.07 | 22,790.00 | 10,530.00 | 0.18% | -4.82% | -31.93% | 145.05% | 150.23% | 0.34 | - | 0.44% | 0.51% | 132.14 | 11,235.70 | 12,913.69 | 55.46 | - | 70.00% | |
30.81 | -0.48% | 70,44,030 | ₹ 12,048 | 8.70 | 102.50 | 47.60 | 26.41 | 2.36% | -22.33% | -14.65% | -14.65% | -14.65% | 0.66 | - | 40.18% | -23.15% | -81.53 | 32.51 | - | 49.28 | - | 75.00% | |
1,136.50 | 2.75% | 74,082 | ₹ 11,782 | 27.80 | 2.32 | 1,684.90 | 950.05 | 1.07% | -13.59% | -30.25% | -35.22% | -42.57% | 3.51 | 0.77% | 14.03% | 17.69% | 42.80 | 1,160.47 | 1,312.32 | 57.53 | - | 84.00% | |
12,463.00 | 0.26% | 1,553 | ₹ 9,880 | 52.60 | 2.32 | 15,150.00 | 8,900.00 | -9.08% | 6.91% | 34.66% | 34.66% | 34.66% | 8.90 | 0.06% | 14.66% | 19.06% | 186.05 | 13,250.02 | - | 45.49 | - | - | |
39.71 | 3.74% | 87,11,225 | ₹ 9,330 | -35.80 | 15.85 | 50.68 | 22.24 | 6.29% | 13.98% | 34.98% | 34.98% | 34.98% | 12.75 | - | -64.76% | -81.34% | -0.39 | 39.10 | - | 56.06 | - | 70.00% | |
3,471.10 | -1.27% | 19,143 | ₹ 7,629 | 39.40 | 32.43 | 5,136.00 | 2,405.20 | -16.67% | 5.12% | - | - | 123.30% | 9.04 | 1.14% | 17.65% | 23.34% | 51.94 | 4,128.07 | 3,220.29 | 35.19 | - | - | |
742.30 | 3.72% | 2,78,042 | ₹ 6,697 | 10.00 | 26.87 | 1,297.00 | 622.50 | 2.54% | -7.95% | -3.47% | 78.72% | 124.57% | 1.99 | 2.10% | 21.71% | 25.26% | 75.47 | 722.19 | 906.84 | 62.89 | - | 65.00% | |
218.22 | 4.58% | 37,51,997 | ₹ 5,725 | 30.10 | 39.89 | 214.60 | 99.79 | 29.02% | 23.09% | 95.07% | -4.69% | 91.51% | 4.70 | - | 11.63% | 15.11% | 5.18 | 178.36 | 150.79 | 71.20 | - | 70.00% | |
284.30 | 2.25% | 27,04,240 | ₹ 4,982 | 41.70 | -25.94 | 340.00 | 254.55 | 4.91% | 4.91% | 4.91% | 4.91% | 4.91% | 12.91 | 1.98% | 30.97% | 41.19% | 6.66 | - | - | 42.76 | - | - | |
449.20 | 0.89% | 67,363 | ₹ 4,706 | -8,918.00 | -25.94 | 720.00 | 410.10 | -34.33% | -34.33% | -34.33% | -34.33% | -34.33% | 229.93 | - | -8.85% | -9.01% | -0.16 | - | - | 12.39 | - | - | |
220.98 | -0.80% | 4,27,172 | ₹ 4,497 | 17.00 | 23.95 | 389.40 | 202.00 | -5.95% | -20.92% | -40.75% | -10.64% | 25.34% | 1.70 | 0.99% | 8.98% | 12.24% | 13.14 | 233.39 | 279.36 | 46.84 | - | 80.00% | |
3,559.50 | -1.20% | 24,361 | ₹ 4,072 | 33.10 | 11.03 | 5,399.00 | 2,852.50 | -9.32% | -22.31% | -14.89% | -14.89% | -14.89% | 7.77 | 0.35% | 32.22% | 42.85% | 138.25 | 3,892.33 | 4,100.02 | 40.19 | - | 70.00% |
Total 167 records
*The scrips mentioned above are just for research purpose and not recommendations. Please do your own due diligence before investing.
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About Debt Free Stocks
What are the most accurate indicators?
Debt-free stocks represent companies that operate without any outstanding debt on their balance sheets, signifying strong financial health and reduced financial risk. The most accurate indicators include:
- Zero or Negligible Debt-to-Equity (D/E) Ratio: A D/E ratio close to zero in financial statements indicates the company funds operations through equity or internal accruals, not borrowings.
- High Interest Coverage Ratio: Since there are little or no debt obligations, operating profits easily exceed finance costs, often yielding a double or triple-digit interest coverage ratio.
- Consistent Cash Flow Generation: Robust positive operating and free cash flows support day-to-day operations and future capex, independent of borrowings.
- Strong Liquidity Ratios: High current and quick ratios indicate the business can meet all short-term obligations without relying on loans.
- Solid Asset Quality: A high proportion of tangible net worth with minimal encumbrance on assets provides a financial buffer for business expansion or downturns.
How to identify good ones?
Identifying good debt-free stocks involves the following factors:
- Debt-to-Equity Ratio: Target companies with extremely low or no debt to ensure financial safety and flexibility.
- Steady Free Cash Flow and Cash Reserves: Focus on companies that consistently generate free cash flow and maintain ample cash buffers for operations and expansion.
- Strong Profitability Metrics: Look for companies exhibiting consistent earnings growth and high return on equity (ROE).
- Presence in Stable, Resilient Sectors: Favor industries like FMCG, Information Technology, and Pharmaceuticals, known for steady demand and competitive moats.
- Competitive Advantages and Brand Strength: Identify businesses with sustainable competitive edges, strong brand recognition, or long-term customer contracts.
- Institutional Ownership and Dividend Policy: Stocks with rising institutional holdings and a history of positive dividend payouts tend to reflect quality and shareholder focus.
- Liquidity and Financial Transparency: Avoid low-liquidity stocks and companies with questionable financials to reduce investment risks.
How to analyse?
Analyzing debt-free stocks requires an examination of both their financial and the broader market conditions influencing their operations. This includes:
- Balance Sheet: Confirm minimal or absent short-term and long-term debt on the company's balance sheet for financial robustness.
- Cash Flow Statement Review: Examine operating and free cash flows to ensure adequate liquidity supporting growth and operational flexibility.
- Profitability and Capital Efficiency Metrics: Evaluate return on equity (ROE), return on capital employed (ROCE), net profit margins, and earnings growth for efficient capital use.
- Dividend Consistency: Review the track record of dividends, as debt-free companies often pay steady and reliable dividends.
- Valuation and Market Pricing: Compare valuation multiples like EV/EBITDA and P/E ratios with peers to assess market pricing appropriateness.
- Sector and Macroeconomic Considerations: Consider broader sector trends and prevailing macroeconomic factors influencing cash generation and reinvestment potential.
- Institutional and Insider Activity: Monitor institutional shareholdings and insider transactions as signals of confidence and growth prospects.
Where do most investors or traders go right/wrong?
Successful investors appreciate the financial stability and lower risk profile of debt-free stocks, often using them as safe havens in volatile markets. They capitalize on the debt-free stocks' flexibility to weather downturns and invest in growth without interest burdens. Investors succeed with debt-free stocks when they prioritize long-term capital preservation and seek consistent compounding. Those who combine low-debt filters with strong growth and profitability metrics tend to make informed, low-risk decisions.However, common mistakes include overpaying for debt-free stocks, assuming risk-free superiority, ignoring valuation, or overlooking companies' growth challenges due to conservative capital structures. Some investors neglect sector prospects or buy purely for low debt without fundamental strength, increasing the risk of underperformance.Others fail to consider whether the company's cash reserves are effectively utilized or are accumulating unnecessarily. A balanced approach incorporating valuation, fundamentals, and risk management leads to better outcomes when investing in debt-free stocks.
FAQs on Debt Free Stocks
To find Debt Free stocks, search for companies that have no debt on their balance sheets. Prioritize firms with strong cash flow, consistent revenue growth, and solid management. Ensure the company has a competitive advantage and is well-positioned within its industry.
