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Top 10 High ROE Low PE Stocks Under ₹100 in India — Top 100 List

Of the 739 companies priced under ₹100 in India on PositoAI, 100 make a profit with a return on equity of 15% or more. First on the list is Reliance Infrastructure Limited (0.7). 1 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.

Positivity ScoreHigh dividendDebt freeLow debtLow PEBelow book valueHigh ROEHigh ROE + low PENo red flagsNo red or yellow flagsFundamentally strongNear 52-week lowNear 52-week highHigh score near 52-week lowHigh score near 52-week high
#Company Score Price Market Cap
(INR Cr)		 P/E P/B Owes vs
Owns		 ROE Div
Yield		 FlagSector
1 Reliance Infrastructure LimitedRELINFRA 22,469 ₹50.47 ₹2,060 0.7 0.12 0.59× 17.6% 0 ⚑ Utilities
2 Gravity (India) LimitedGRAVITY 22,120 ₹13.96 ₹14 0.7 0.96 0.63× 115.7% 0 — Consumer Cyclical
3 Panth Infinity LimitedPANTH 21,104 ₹11.46 ₹63 0.9 0.64 0.50× 71.0% 0 — Consumer Cyclical
4 Orosil Smiths India LimitedOROSMITHS 23,822 ₹6.31 ₹26 1.1 1.03 0.15× 104.0% 0 — Consumer Cyclical
5 Jonjua Overseas LimitedJONJUA 24,351 ₹2.81 ₹9 1.2 0.19 0.39× 15.6% 0 — Industrials
6 Royal India Corporation LimitedROYALIND 24,258 ₹5.39 ₹63 1.3 0.47 0.30× 37.3% 0 — Consumer Cyclical
7 Dev Information Technology LimitedDEVIT 24,767 ₹18.72 ₹106 1.4 0.98 0.42× 69.2% 0.52% — Technology
8 Standard Industries LimitedSIL 22,243 ₹17.99 ₹115 1.9 1.01 0.40× 53.8% 3.22% — Consumer Cyclical
9 Supha Pharmachem LimitedSUPHA 14,906 ₹0.25 ₹22 1.9 0.21 0.94× 16.2% 0 — Healthcare
10 Veranda Learning Solutions LimitedVERANDA 26,153 ₹34.03 ₹328 2.2 0.34 0.48× 15.2% 0 — Consumer Defensive

Top 20

11 BLB LimitedBLBLIMITED 24,156 ₹15.38 ₹81 3.0 0.62 0.02× 21.0% 0 — Financial Services
12 Bhagyanagar India LimitedBHAGYANGR 21,908 ₹63.95 ₹214 3.3 0.83 0.59× 24.4% 0 ⚑ Basic Materials
13 Shah Alloys LimitedSHAHALLOYS 23,829 ₹72.79 ₹144 3.5 1.29 0.46× 37.1% 0 — Basic Materials
14 International Conveyors LimitedINTLCONV 24,322 ₹76.89 ₹490 3.6 1.16 0.25× 32.0% 0.65% — Industrials
15 Lancor Holdings LimitedLANCORHOL 23,679 ₹29.04 ₹213 3.7 0.89 0.44× 24.1% 0.69% — Real Estate
16 Zee Learn LimitedZEELEARN 21,424 ₹5.77 ₹189 4.0 0.81 0.85× 20.0% 0 ⚑ Consumer Defensive
17 Vardhman Acrylics LimitedVARDHACRLC 24,052 ₹41.60 ₹334 4.1 1.32 0.26× 32.1% 3.52% — Consumer Cyclical
18 Nagreeka Capital & Infrastructure Ltd.NAGREEKCAP 20,645 ₹24.01 ₹30 4.1 1.06 0.80× 25.9% 0 — Financial Services
19 Vibrant Global Capital LimitedVGCL 24,299 ₹49.76 ₹113 4.2 0.68 0.30× 15.5% 8.00% — Financial Services
20 Consecutive Commodities LimitedCCDL 22,368 ₹0.88 ₹56 4.6 2.81 0.06× 16.6% 0 — Financial Services

Top 50

21 Vaxtex Cotfab LimitedVCL 22,393 ₹1.48 ₹27 5.1 1.21 0.39× 24.0% 0 — Consumer Cyclical
22 Deep Polymers LimitedDEEP 23,943 ₹38.95 ₹94 5.2 0.90 0.29× 17.2% 0 — Basic Materials
23 HMA Agro Industries LimitedHMAAGRO 23,964 ₹24.02 ₹1,202 5.6 1.28 0.60× 22.6% 0 — Consumer Defensive
24 Elitecon International LimitedELITECON 25,385 ₹6.76 ₹1,080 5.8 3.10 0.72× 46.8% 0 — Consumer Defensive
25 Vivid Mercantile LimitedVIVIDM 22,510 ₹6.01 ₹60 6.0 1.07 0.21× 18.5% 0 — Industrials
26 Narmada Macplast Drip Irrigation Systems Ltd.NARMP 18,685 ₹22.31 ₹80 6.0 8.60 0.51× 144.1% 0 — Industrials
27 Indo Thai Securities LimitedINDOTHAI 27,057 ₹32.68 ₹423 6.1 1.49 0.23× 24.4% 0.54% — Financial Services
28 Shekhawati Industries LimitedSHEKHAWATI 23,462 ₹22.00 ₹75 6.1 3.45 0.31× 56.1% 0 — Consumer Cyclical
29 Alpine Texworld LimitedALPINETEX 23,607 ₹37.29 ₹142 6.6 1.96 0.75× 33.9% 0 — Consumer Cyclical
30 Master Trust LimitedMASTERTR 25,321 ₹75.03 ₹922 6.7 1.13 0.64× 16.5% 0 — Financial Services
31 U. Y. Fincorp LimitedUYFINCORP 23,854 ₹23.57 ₹448 7.2 1.15 0.08× 15.9% 0 — Financial Services
32 Insolation Energy LimitedINA 24,570 ₹66.63 ₹1,469 7.3 1.82 0.62× 24.9% 0 — Technology
33 DRC Systems India LimitedDRCSYSTEMS 23,281 ₹11.34 ₹163 7.7 1.45 0.27× 18.9% 0 — Technology
34 Bank of MaharashtraMAHABANK 22,815 ₹78.48 ₹60,363 8.0 1.82 0.92× 23.0% 2.65% — Financial Services
35 Galaxy Agrico Exports LimitedGALAGEX 20,054 ₹97.90 ₹155 8.1 2.81 0.01× 34.9% 0 — Industrials
36 NMDC LimitedNMDC 23,814 ₹68.88 ₹60,558 8.1 1.78 0.29× 21.9% 2.79% — Basic Materials
37 ShreeOswal Seeds and Chemicals LimitedOSWALSEEDS 23,737 ₹11.03 ₹100 8.3 1.98 0.64× 23.9% 0 — Basic Materials
38 GK Energy LimitedGKENERGY 25,831 ₹95.92 ₹1,945 8.3 2.19 0.32× 26.3% 0.44% — Utilities
39 R M Drip and Sprinklers Systems LimitedRMDRIP 21,702 ₹17.76 ₹760 8.4 6.85 0.46× 47.5% 0.14% — Industrials
40 Websol Energy System LimitedWEBELSOLAR 21,450 ₹61.17 ₹2,655 8.6 4.21 0.32× 51.2% 0.38% ⚑ Technology
41 Autoline Industries LimitedAUTOIND 21,054 ₹77.12 ₹349 8.8 1.78 0.74× 20.2% 0 — Consumer Cyclical
42 Suratwwala Business Group LimitedSBGLP 23,874 ₹20.95 ₹363 8.8 3.48 0.58× 39.7% 0.54% — Real Estate
43 Donear Industries LimitedDONEAR 23,327 ₹78.46 ₹407 8.9 1.47 0.68× 16.6% 0.25% — Consumer Cyclical
44 Sical Logistics LimitedSICALLOG 21,435 ₹80.00 ₹638 9.0 4.86 0.70× 41.7% 0 — Industrials
45 Radhika Jeweltech LimitedRADHIKAJWE 24,094 ₹61.39 ₹724 9.1 1.82 0.17× 20.0% 0 — Consumer Cyclical
46 Dhvija Finance LimitedDHVIJAFIN 23,398 ₹9.49 ₹46 9.2 2.88 0.45× 31.3% 0 — Financial Services
47 Indian Overseas BankIOB 23,983 ₹29.86 ₹57,500 9.8 1.48 0.92× 16.5% 0 — Financial Services
48 String Metaverse LimitedMETA 26,433 ₹6.81 ₹830 10.2 2.51 0.03× 29.0% 0 — Technology
49 Fischer Medical Ventures LimitedFISCHER 24,986 ₹23.87 ₹1,667 10.2 4.34 0.43× 39.3% 0.16% ⚑ Healthcare
50 Xchanging Solutions LimitedXCHANGING 25,239 ₹57.04 ₹635 10.4 1.60 0.24× 15.3% 3.33% — Technology

Top 100

51 Geekay Wires LimitedGEEKAYWIRE 22,773 ₹28.84 ₹301 10.5 1.70 0.52× 17.4% 1.09% — Industrials
52 Tembo Global Industries LimitedTEMBO 25,339 ₹52.14 ₹1,009 11.0 2.23 0.62× 15.5% 0.18% — Industrials
53 Viram Suvarn LimitedVSL 23,915 ₹9.86 ₹111 11.3 1.76 0.03× 15.8% 0 — Consumer Cyclical
54 Maestros Electronics & Telecommunications Systems LimitedMETSL 25,268 ₹76.45 ₹84 11.4 2.00 0.35× 17.6% 0 — Healthcare
55 M.K. Exim (India) LimitedMKEXIM 23,205 ₹52.41 ₹211 11.4 1.78 0.05× 15.4% 1.04% — Consumer Defensive
56 GMR Power And Urban Infra LimitedGMRP&UI 16,225 ₹96.62 ₹7,546 11.6 3.96 0.88× 34.3% 0 ⚑ Energy
57 Kamdhenu LimitedKAMDHENU 22,654 ₹35.15 ₹990 11.8 2.50 0.12× 21.2% 1.10% — Basic Materials
58 Mangalam Global Enterprise LimitedMGEL 21,876 ₹17.03 ₹561 11.8 2.26 0.69× 19.1% 0.06% — Consumer Defensive
59 California Software Company LimitedCALSOFT 24,259 ₹28.92 ₹68 12.2 1.65 0.17× 35.5% 0 — Technology
60 Medico Remedies LimitedMEDICO 25,260 ₹20.50 ₹170 12.3 2.25 0.51× 18.2% 0 — Healthcare
61 Jayaswal Neco Industries LimitedJAYNECOIND 21,000 ₹91.04 ₹8,839 12.8 3.11 0.52× 24.2% 0 ⚑ Basic Materials
62 Magellanic Cloud LimitedMCLOUD 24,405 ₹24.36 ₹1,434 13.0 2.09 0.40× 16.1% 0 ⚑ Technology
63 Shankar Lal Rampal Dye-Chem LimitedSRD 25,215 ₹37.82 ₹241 13.1 1.97 0.22× 15.1% 0.14% — Basic Materials
64 Bajaj Hindusthan Sugar LimitedBAJAJHIND 21,345 ₹18.97 ₹4,531 15.4 1.19 0.73× 29.2% 0 — Consumer Defensive
65 Sampann Utpadan India LimitedSAMPANN 21,772 ₹22.58 ₹115 15.7 2.42 0.69× 20.7% 0 — Basic Materials
66 Ardee Industries LimitedARDEE 19,840 ₹43.37 ₹1,367 15.9 9.28 0.59× 80.7% 0 — Industrials
67 Tara Chand Infralogistic Solutions LimitedTARACHAND 24,197 ₹47.85 ₹377 16.5 2.53 0.71× 20.6% 0.43% — Industrials
68 Baroda Extrusion LimitedBAROEXT 21,362 ₹8.81 ₹171 16.6 6.87 0.55× 37.4% 0 — Basic Materials
69 TPL Plastech LimitedTPLPLASTEH 23,791 ₹64.69 ₹504 16.8 2.99 0.34× 17.8% 1.93% — Consumer Cyclical
70 Suzlon Energy LimitedSUZLON 20,486 ₹38.57 ₹53,019 16.9 5.60 0.48× 39.4% 0 — Industrials
71 Goyal Aluminiums LimitedGOYALALUM 24,304 ₹5.62 ₹80 17.0 3.16 0.45× 18.8% 0 — Basic Materials
72 Black Rose Industries LimitedBLACKROSE 23,794 ₹96.75 ₹493 17.2 2.91 0.19× 16.9% 1.21% — Basic Materials
73 Sigma Solve LimitedSIGMA 22,718 ₹42.66 ₹438 17.3 5.69 0.14× 32.9% 1.13% — Technology
74 MMTC LimitedMMTC 24,415 ₹52.06 ₹7,809 17.5 3.68 0.24× 21.1% 0 — Industrials
75 Nityas Gems and Jewellery LimitedNITYAS 20,396 ₹74.74 ₹430 18.9 5.16 — 43.8% 0 — Consumer Cyclical
76 Roto Pumps LimitedROTO 22,774 ₹56.82 ₹1,070 20.0 4.46 0.31× 22.3% 0.32% — Industrials
77 Filatex India LimitedFILATEX 22,846 ₹96.76 ₹4,296 22.5 2.86 0.39× 19.9% 0.28% — Consumer Cyclical
78 Mangalam Worldwide LimitedMWL 20,961 ₹39.50 ₹1,173 22.6 3.91 0.67× 17.3% 0.07% — Basic Materials
79 Syncom Formulations (India) LimitedSYNCOMF 21,479 ₹22.08 ₹2,075 23.5 5.00 0.22× 21.1% 0.43% — Healthcare
80 Dev Labtech Venture LimitedDEVLAB 23,188 ₹24.80 ₹117 24.6 2.31 0.69× 20.8% 0 — Consumer Cyclical
81 NBCC (India) LimitedNBCC 22,489 ₹70.50 ₹19,035 25.7 6.31 0.80× 24.6% 1.26% — Industrials
82 Avio Smart Market Stack LimitedASMS 24,223 ₹5.54 ₹168 26.4 4.94 0.50× 18.3% 0 — Technology
83 Digjam LimitedDIGJAMLMTD 73 ₹51.87 ₹103 26.9 23.49 0.94× 88.3% 0 — Consumer Cyclical
84 Premier Polyfilm Ltd.PREMIERPOL 21,485 ₹92.74 ₹971 27.8 6.60 0.27× 23.7% 0.15% — Basic Materials
85 Aayush Wellness LimitedAAYUSH 18,953 ₹24.48 ₹119 27.8 9.72 0.30× 33.8% 0 — Consumer Defensive
86 TAKE LIMITEDTAKE 22,112 ₹11.50 ₹168 29.5 5.42 0.14× 18.9% 0 — Healthcare
87 Aartech Solonics LimitedAARTECH 22,262 ₹46.20 ₹146 30.0 4.18 0.31× 15.8% 0.26% — Industrials
88 Latteys Industries LimitedLATTEYS 22,858 ₹19.61 ₹112 31.6 4.73 0.71× 15.0% 0 — Industrials
89 Bombay Super Hybrid Seeds LimitedBSHSL 21,810 ₹88.10 ₹924 32.0 7.06 0.48× 21.5% 0 — Basic Materials
90 Usha Martin Education & Solutions LimitedUMESLTD 21,868 ₹4.52 ₹11 32.3 4.87 0.23× 15.9% 0 — Consumer Defensive
91 Motherson Sumi Wiring India LimitedMSUMI 19,703 ₹34.95 ₹23,177 36.8 10.72 0.54× 29.1% 1.73% — Consumer Cyclical
92 Real Eco-Energy LimitedREALECO 17,611 ₹4.15 ₹41 37.7 6.13 0.74× 16.1% 0 — Real Estate
93 Hindustan Motors LimitedHINDMOTORS 21,056 ₹13.12 ₹273 39.8 7.60 — 20.9% — — Consumer Cyclical
94 Algoquant Fintech LimitedALGOQUANT 15,594 ₹74.48 ₹2,093 46.0 15.57 0.51× 33.7% 0 ⚑ Financial Services
95 Gujarat Inject (Kerala) LimitedGUJINJEC 16,469 ₹9.79 ₹143 46.6 12.12 0.68× 25.9% 0 — Healthcare
96 Raj Rayon Industries LimitedRAJRILTD 17,370 ₹21.35 ₹1,187 49.7 7.59 0.74× 18.4% 0 ⚑ Consumer Cyclical
97 Viji Finance LimitedVIJIFIN 14,009 ₹16.33 ₹377 58.3 16.15 0.31× 17.1% 0 — Financial Services
98 SBC Exports LimitedSBC 1,981 ₹62.12 ₹2,958 73.1 36.89 0.82× 51.2% 0 — Consumer Cyclical
99 Shukra Pharmaceuticals LimitedSHUKRAPHAR 8,357 ₹62.53 ₹2,767 80.2 30.80 0.23× 37.2% 0.01% — Healthcare
100 Ascensive Educare LimitedASCENSIVE 22,319 ₹15.80 ₹72 225.7 3.82 0.47× 19.8% 0 — Consumer Defensive

High ROE + low PE in other groups · India

Under ₹50Under ₹100Under ₹500

High ROE + low PE in other countries

United States

Questions

Which companies priced under ₹100 in India have a high return on equity and a low P/E?

The first five on PositoAI's list are Reliance Infrastructure Limited (0.7), Gravity (India) Limited (0.7), Panth Infinity Limited (0.9), Orosil Smiths India Limited (1.1), Jonjua Overseas Limited (1.2).

How many companies priced under ₹100 in India make a profit with a return on equity of 15% or more?

100 of the 739 companies priced under ₹100 in India on PositoAI make a profit with a return on equity of 15% or more; this page shows the top 100.

How is this list made?

Profit-making companies with a return on equity of at least 15%, ordered by P/E ratio, lowest first. 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.

Profit-making companies with a return on equity of at least 15%, ordered by P/E ratio, lowest first. 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.

Disclaimer — PositoAI is a research and screening tool for educational and informational purposes. It is not investment advice or a recommendation to buy or sell any security or mutual fund. Scores and rankings are calculated by PositoAI's own method using publicly available data, which may be incomplete, delayed or inaccurate, and past performance does not indicate future results. AI summaries of company news may contain errors. PositoAI is not registered with the SEC, SEBI or any other regulatory authority. Please do your own research or consult a licensed financial advisor before investing.