Top 10 Debt-Free Stocks Under ₹100 in India — Top 50 List
Of the 739 companies priced under ₹100 in India on PositoAI, 51 report no debt (banks and lenders left out). First on the list is Blue Pebble Limited (Positivity Score 26,480). 30 of them have lease obligations (offices, buildings and similar) but no borrowings; the rest have neither. None of the top 10 has an active red or yellow flag.
A low share price does not make a stock cheap: what matters is the company's value compared with its earnings and assets (P/E, P/B). Very low-priced stocks are often small, thinly traded and more volatile. Prices are the last close.
| # | Company | Score | Price | Market Cap (INR Cr) |
P/E | P/B | Owes vs Owns |
Leases | ROE | Div Yield |
Flag | Sector |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Blue Pebble LimitedBLUEPEBBLE | 26,480 | ₹60.80 | ₹24 | 221.9 | 0.90 | 0.23× | None | — | — | — | — |
| 2 | Coral India Finance and Housing LimitedCORALFINAC | 25,756 | ₹27.61 | ₹111 | 7.7 | 0.54 | 0.07× | None | 6.9% | 0.65% | — | Real Estate |
| 3 | Rajnish Retail LimitedRRETAIL | 25,728 | ₹1.86 | ₹29 | 93.0 | 0.40 | 0.08× | None | 0.4% | 0 | — | Consumer Cyclical |
| 4 | Emkay Taps and Cutting Tools LimitedEMKAYTOOLS | 25,615 | ₹98.40 | ₹105 | 12.4 | 0.35 | 0.01× | None | — | — | — | — |
| 5 | Jai Corp LimitedJAICORPLTD | 25,608 | ₹96.15 | ₹1,687 | 10.0 | 1.13 | 0.03× | ₹0 Cr | 11.3% | 0.58% | — | Basic Materials |
| 6 | Shipping Corporation of India Land and Assets LimitedSCILAL | 24,969 | ₹35.70 | ₹1,662 | 58.5 | 0.55 | 0.15× | ₹0 Cr | 0.8% | 1.49% | — | Real Estate |
| 7 | Saraswati Saree Depot LimitedSSDL | 24,947 | ₹59.85 | ₹237 | 10.0 | 1.22 | 0.32× | ₹1 Cr | 12.6% | 4.49% | — | Consumer Cyclical |
| 8 | Excelsoft Technologies LimitedEXCELSOFT | 24,856 | ₹77.28 | ₹889 | 17.5 | 1.54 | 0.15× | ₹7 Cr | 8.8% | 0 | — | Technology |
| 9 | R K Swamy LimitedRKSWAMY | 24,786 | ₹81.39 | ₹410 | 18.1 | 1.55 | 0.38× | ₹43 Cr | 8.6% | 2.29% | — | Communication Services |
| 10 | Rubfila International LimitedRUBFILA | 24,719 | ₹54.04 | ₹293 | 11.1 | 0.93 | 0.17× | ₹1 Cr | 8.4% | 3.23% | — | Basic Materials |
Top 20 | ||||||||||||
| 11 | MMTC LimitedMMTC | 24,415 | ₹52.06 | ₹7,809 | 17.5 | 3.68 | 0.24× | ₹2 Cr | 21.1% | 0 | — | Industrials |
| 12 | Addi Industries LimitedADDIND | 24,389 | ₹76.47 | ₹82 | 34.0 | 1.01 | 0.03× | None | 2.9% | 0 | — | Consumer Cyclical |
| 13 | Credo Brands Marketing LimitedMUFTI | 24,359 | ₹65.34 | ₹427 | 9.8 | 0.97 | 0.45× | ₹228 Cr | 9.9% | 2.92% | — | Consumer Cyclical |
| 14 | CCME Global LimitedCCME | 24,237 | ₹31.81 | ₹143 | Loss | 3.59 | 0.12× | None | -1.7% | 0 | — | Healthcare |
| 15 | Vardhman Acrylics LimitedVARDHACRLC | 24,052 | ₹41.60 | ₹334 | 4.1 | 1.32 | 0.26× | ₹0 Cr | 32.1% | 3.52% | — | Consumer Cyclical |
| 16 | K&R Rail Engineering LimitedKRRAIL | 24,007 | ₹15.23 | ₹63 | Loss | 0.76 | 0.42× | None | -18.1% | 0 | — | Industrials |
| 17 | Orosil Smiths India LimitedOROSMITHS | 23,822 | ₹6.31 | ₹26 | 1.1 | 1.03 | 0.15× | ₹0 Cr | 104.0% | 0 | — | Consumer Cyclical |
| 18 | Anuh Pharma LimitedANUHPHR | 23,768 | ₹78.87 | ₹790 | 17.9 | 2.24 | 0.37× | ₹0 Cr | 12.6% | 1.83% | — | Healthcare |
| 19 | Aptech LimitedAPTECHT | 23,724 | ₹81.06 | ₹470 | 19.2 | 1.89 | 0.42× | ₹13 Cr | 9.8% | 5.30% | — | Consumer Defensive |
| 20 | Brightcom Group LimitedBCG | 23,653 | ₹8.75 | ₹1,766 | 1.7 | 0.17 | 0.12× | None | 9.6% | 0 | ⚑ | Communication Services |
Top 50 | ||||||||||||
| 21 | NIIT LimitedNIITLTD | 23,544 | ₹77.79 | ₹1,065 | 121.5 | 1.00 | 0.15× | ₹7 Cr | 0.8% | 1.22% | — | Consumer Defensive |
| 22 | Rajdarshan Industries LimitedARENTERP | 23,500 | ₹32.20 | ₹10 | Loss | 0.49 | 0.01× | None | -0.3% | 0 | — | Basic Materials |
| 23 | Shekhawati Industries LimitedSHEKHAWATI | 23,462 | ₹22.00 | ₹75 | 6.1 | 3.45 | 0.31× | ₹1 Cr | 56.1% | 0 | — | Consumer Cyclical |
| 24 | DRC Systems India LimitedDRCSYSTEMS | 23,281 | ₹11.34 | ₹163 | 7.7 | 1.45 | 0.27× | ₹0 Cr | 18.9% | 0 | — | Technology |
| 25 | Entertainment Network (India) LimitedENIL | 23,276 | ₹86.94 | ₹414 | Loss | 0.55 | 0.37× | ₹171 Cr | -1.1% | 2.22% | — | Communication Services |
| 26 | Country Condo's LimitedCOUNCODOS | 23,136 | ₹6.27 | ₹48 | 78.4 | 1.89 | 0.43× | None | 2.8% | 0 | — | Real Estate |
| 27 | Sinclairs Hotels LimitedSINCLAIR | 23,088 | ₹72.31 | ₹370 | 34.4 | 3.06 | 0.28× | ₹34 Cr | 9.3% | 1.07% | — | Consumer Cyclical |
| 28 | Vakrangee LimitedVAKRANGEE | 23,079 | ₹5.43 | ₹588 | 77.6 | 3.22 | 0.38× | ₹4 Cr | 3.3% | 0 | — | Technology |
| 29 | Shaival Reality LimitedSHAIVAL | 23,022 | ₹33.00 | ₹38 | 6.1 | 1.75 | 0.05× | None | — | — | — | — |
| 30 | Pearl Polymers LimitedPEARLPOLY | 23,011 | ₹16.33 | ₹27 | Loss | 0.95 | 0.20× | None | -18.4% | 0 | — | Consumer Cyclical |
| 31 | Kamdhenu LimitedKAMDHENU | 22,654 | ₹35.15 | ₹990 | 11.8 | 2.50 | 0.12× | ₹9 Cr | 21.2% | 1.10% | — | Basic Materials |
| 32 | Cineline India LimitedCINELINE | 22,540 | ₹89.43 | ₹340 | 24.8 | 2.20 | 0.54× | ₹121 Cr | 8.0% | 1.37% | — | Communication Services |
| 33 | NBCC (India) LimitedNBCC | 22,489 | ₹70.50 | ₹19,035 | 25.7 | 6.31 | 0.80× | ₹0 Cr | 24.6% | 1.26% | — | Industrials |
| 34 | Standard Industries LimitedSIL | 22,243 | ₹17.99 | ₹115 | 1.9 | 1.01 | 0.40× | ₹4 Cr | 53.8% | 3.22% | — | Consumer Cyclical |
| 35 | Mold-Tek Technologies LimitedMOLDTECH | 22,237 | ₹88.80 | ₹511 | 27.8 | 3.99 | 0.26× | ₹5 Cr | 7.1% | 0.91% | — | Industrials |
| 36 | Ashapuri Gold Ornament LimitedAGOL | 22,166 | ₹7.45 | ₹248 | 12.0 | 1.49 | 0.04× | None | 12.4% | 0 | — | Consumer Cyclical |
| 37 | Unicommerce eSolutions LimitedUNIECOM | 22,161 | ₹79.64 | ₹894 | 44.5 | 4.64 | 0.29× | ₹9 Cr | 10.9% | 0 | — | Technology |
| 38 | TAKE LIMITEDTAKE | 22,112 | ₹11.50 | ₹168 | 29.5 | 5.42 | 0.14× | None | 18.9% | 0 | — | Healthcare |
| 39 | Allcargo Terminals LimitedATL | 21,952 | ₹25.37 | ₹639 | 17.4 | 1.81 | 0.72× | ₹769 Cr | 12.1% | 0 | — | Industrials |
| 40 | Cresto Techno LimitedCRESTO | 21,909 | ₹18.70 | ₹19 | Loss | 1.59 | 0.18× | None | -20.3% | 0 | — | Communication Services |
| 41 | Heads UP Ventures LimitedHEADSUP | 21,783 | ₹5.33 | ₹11 | Loss | 0.77 | 0.66× | None | -19.5% | 0 | — | Consumer Cyclical |
| 42 | Vishal Mega Mart LimitedVMM | 21,569 | ₹87.99 | ₹41,221 | 46.6 | 5.56 | 0.35× | ₹1,988 Cr | 11.9% | 0 | — | Consumer Cyclical |
| 43 | Cressanda Railway Solutions LimitedCRSL | 20,979 | ₹1.95 | ₹80 | Loss | 0.56 | 0.49× | None | -11.4% | 0 | — | Technology |
| 44 | Subex LimitedSUBEXLTD | 20,752 | ₹17.10 | ₹948 | 31.7 | 2.77 | 0.38× | ₹28 Cr | 8.7% | 0 | — | Technology |
| 45 | Ahimsa Industries LimitedAHIMSA | 20,628 | ₹25.75 | ₹14 | Loss | 1.74 | 0.05× | None | — | — | — | — |
| 46 | Delta Corp LimitedDELTACORP | 20,588 | ₹76.25 | ₹2,041 | Loss | 0.91 | 0.13× | ₹49 Cr | -7.0% | 0.61% | — | Consumer Cyclical |
| 47 | Gujarat Inject (Kerala) LimitedGUJINJEC | 16,469 | ₹9.79 | ₹143 | 46.6 | 12.12 | 0.68× | None | 25.9% | 0 | — | Healthcare |
| 48 | Shradha AI Technologies LimitedSHRAAITECH | 6,599 | ₹19.26 | ₹117 | 12.6 | — | 0.05× | ₹0 Cr | — | 3.07% | — | Technology |
| 49 | Agri-tech (India) LimitedAGRITECH | 2,868 | ₹86.91 | ₹51 | Loss | — | 0.01× | None | — | 0 | — | Consumer Defensive |
| 50 | Shyam Telecom LimitedSHYAMTEL | -15,554 | ₹10.24 | ₹11 | Loss | -0.37 | 3.62× | None | — | 0 | — | Technology |
Debt free in other groups · India
Debt free in other countries
Questions
Which companies priced under ₹100 in India have no debt?
The first five on PositoAI's list are Blue Pebble Limited (26,480), Coral India Finance and Housing Limited (25,756), Rajnish Retail Limited (25,728), Emkay Taps and Cutting Tools Limited (25,615), Jai Corp Limited (25,608).
How many companies priced under ₹100 in India report no debt?
51 of the 739 companies priced under ₹100 in India on PositoAI report no debt (banks and lenders left out); this page shows the top 50.
How is this list made?
Companies whose latest annual balance sheet shows no borrowings, ordered by Positivity Score. Lease obligations (for offices, buildings and similar) are not counted as borrowing; they are shown in the Leases column. Banks and lenders are left out, because borrowing is part of their business. The list is updated every day from PositoAI's data.
Is a low share price a good sign?
A low share price does not make a stock cheap: what matters is the company's value compared with its earnings and assets (P/E, P/B). Very low-priced stocks are often small, thinly traded and more volatile.
Are lease obligations counted as debt on this list?
No. Many companies rent offices, buildings or equipment on long leases, and accounts show those payments as lease obligations. This list counts only borrowings, so a company with leases but no loans is debt free here. Each company's lease amount is shown in the Leases column.
Companies whose latest annual balance sheet shows no borrowings, ordered by Positivity Score. Lease obligations (for offices, buildings and similar) are not counted as borrowing; they are shown in the Leases column. Banks and lenders are left out, because borrowing is part of their business. Score is the Positivity Score; Owes vs Owns is everything a company owes compared with everything it owns (what each figure means); ⚑ marks an active red or yellow flag. All low price lists for India. PositoAI is for research and education only and is not investment advice.