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Top 10 Low Debt Stocks Under ₹500 in India — Top 100 List

Of the 1,652 companies priced under ₹500 in India on PositoAI, 1,430 have an Owes vs Owns figure (banks and lenders left out). First on the list is Rajdarshan Industries Limited (0.01×). The median among them is 0.43×. 2 of the top 10 have 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 Rajdarshan Industries LimitedARENTERP 23,500 ₹32.20 ₹10 Loss 0.49 0.01× -0.3% 0 — Basic Materials
2 Agri-tech (India) LimitedAGRITECH 2,868 ₹86.91 ₹51 Loss — 0.01× — 0 — Consumer Defensive
3 National Standard (India) LimitedNATIONSTD 26,372 ₹104.90 ₹209 18.7 0.74 0.01× 4.0% 0 ⚑ Real Estate
4 Galaxy Agrico Exports LimitedGALAGEX 20,054 ₹97.90 ₹155 8.1 2.81 0.01× 34.9% 0 — Industrials
5 Emkay Taps and Cutting Tools LimitedEMKAYTOOLS 25,615 ₹98.40 ₹105 12.4 0.35 0.01× — — — —
6 Nirman Agri Genetics LimitedNIRMAN 25,572 ₹25.00 ₹20 1.4 0.16 0.01× — — ⚑ —
7 Ace Integrated Solutions LimitedACEINTEG 23,169 ₹16.60 ₹16 Loss 1.01 0.02× -7.9% 0 — Industrials
8 Dhatre Udyog LimitedDHATRE 22,339 ₹3.81 ₹41 Loss 0.87 0.02× -3.3% 0 — Basic Materials
9 Swadeshi Polytex LimitedSWADPOL 26,297 ₹27.19 ₹106 24.7 0.92 0.03× 3.7% 0 — Real Estate
10 Delaplex LimitedDELAPLEX 24,319 ₹140.60 ₹128 19.0 1.42 0.03× — — — —

Top 20

11 String Metaverse LimitedMETA 26,433 ₹6.81 ₹830 10.2 2.51 0.03× 29.0% 0 — Technology
12 Addi Industries LimitedADDIND 24,389 ₹76.47 ₹82 34.0 1.01 0.03× 2.9% 0 — Consumer Cyclical
13 Jai Corp LimitedJAICORPLTD 25,608 ₹96.15 ₹1,687 10.0 1.13 0.03× 11.3% 0.58% — Basic Materials
14 Viram Suvarn LimitedVSL 23,915 ₹9.86 ₹111 11.3 1.76 0.03× 15.8% 0 — Consumer Cyclical
15 Ashapuri Gold Ornament LimitedAGOL 22,166 ₹7.45 ₹248 12.0 1.49 0.04× 12.4% 0 — Consumer Cyclical
16 Majestic Auto LimitedMAJESAUT 25,060 ₹363.05 ₹377 3.9 0.56 0.04× 14.5% 13.71% — Real Estate
17 MetroGlobal LimitedMETROGLOBL 25,016 ₹124.45 ₹153 6.3 0.38 0.04× 6.0% 1.99% — Industrials
18 Supreme Holdings & Hospitality (India) LimitedSUPREME 26,585 ₹27.45 ₹106 144.5 0.19 0.04× 0.2% 0 — Real Estate
19 Indo Borax & Chemicals LimitedINDOBORAX 21,832 ₹424.80 ₹1,363 24.2 3.53 0.05× 13.9% 2.10% — Basic Materials
20 Kanchi Karpooram LimitedKANCHI 23,593 ₹375.30 ₹163 21.3 0.76 0.05× 3.6% 0.27% — Basic Materials

Top 50

21 Shradha AI Technologies LimitedSHRAAITECH 6,599 ₹19.26 ₹117 12.6 — 0.05× — 3.07% — Technology
22 Shaival Reality LimitedSHAIVAL 23,022 ₹33.00 ₹38 6.1 1.75 0.05× — — — —
23 AAA Technologies LimitedAAATECH 20,968 ₹106.39 ₹136 64.1 4.41 0.05× 6.9% 0.93% — Technology
24 Denta Water and Infra Solutions LimitedDENTA 25,566 ₹231.15 ₹617 11.5 1.34 0.05× 11.7% 0.96% — Industrials
25 Jattashankar Industries LimitedJATTAINDUS 27,600 ₹72.45 ₹31 17.3 1.63 0.05× 9.4% 0 — Consumer Cyclical
26 M.K. Exim (India) LimitedMKEXIM 23,205 ₹52.41 ₹211 11.4 1.78 0.05× 15.4% 1.04% — Consumer Defensive
27 Global Education LimitedGLOBAL 21,336 ₹142.50 ₹725 27.8 5.36 0.05× 20.9% 0.70% — Consumer Defensive
28 Suven Life Sciences LimitedSUVEN 16,841 ₹268.20 ₹7,578 Loss 12.81 0.05× -66.4% 0 — Healthcare
29 Advani Hotels & Resorts (India) LimitedADVANIHOTR 24,008 ₹46.63 ₹431 18.8 0.84 0.05× 4.4% 3.79% — Consumer Cyclical
30 Ahimsa Industries LimitedAHIMSA 20,628 ₹25.75 ₹14 Loss 1.74 0.05× — — — —
31 Alembic LimitedALEMBICLTD 24,515 ₹90.28 ₹2,318 7.2 0.95 0.06× 13.1% 2.42% — Real Estate
32 The United Nilgiri Tea Estates Company LimitedUNITEDTEA 24,147 ₹403.50 ₹201 9.9 0.84 0.06× 8.4% 0.79% — Consumer Defensive
33 Vivo Collaboration Solutions LimitedVIVO 22,046 ₹150.00 ₹30 — 2.63 0.06× — — — —
34 Sreeleathers LimitedSREEL 24,890 ₹275.60 ₹638 19.2 1.28 0.06× 6.7% 0.72% — Consumer Cyclical
35 Cupid Breweries and Distilleries LimitedCUPIDALBV 24,791 ₹24.81 ₹226 Loss 0.33 0.06× -0.9% 0 — Consumer Defensive
36 Thinkink Picturez LimitedTHINKINK 22,573 ₹0.18 ₹25 9.0 0.17 0.06× 0.5% 0 — Communication Services
37 Oricon Enterprises LimitedORICONENT 24,979 ₹47.76 ₹750 54.9 0.65 0.07× 1.2% 0.39% — Consumer Cyclical
38 Coral India Finance and Housing LimitedCORALFINAC 25,756 ₹27.61 ₹111 7.7 0.54 0.07× 6.9% 0.65% — Real Estate
39 Stallion India Fluorochemicals LimitedSTALLION 22,976 ₹192.92 ₹2,239 36.2 3.29 0.08× 6.4% 0 — Basic Materials
40 Wonderla Holidays LimitedWONDERLA 23,711 ₹469.20 ₹2,975 29.3 1.66 0.08× 5.6% 0.39% — Consumer Cyclical
41 D.P. Wires LimitedDPWIRES 24,653 ₹189.50 ₹293 15.7 1.10 0.08× 7.0% 0 — Industrials
42 Ascom Leasing & Investments LimitedASCOM 23,636 ₹187.45 ₹219 30.1 3.99 0.08× — — — —
43 TAC Infosec LimitedTAC 21,936 ₹344.80 ₹724 47.0 8.71 0.08× — — — —
44 Mercantile Ventures LimitedMERCANTILE 25,006 ₹21.80 — 34.6 0.90 0.08× 2.6% 0 — Real Estate
45 Tainwala Chemicals and Plastics (India) LimitedTAINWALCHM 24,275 ₹199.61 ₹186 23.3 1.09 0.08× 4.7% 1.37% — Basic Materials
46 Rajnish Retail LimitedRRETAIL 25,728 ₹1.86 ₹29 93.0 0.40 0.08× 0.4% 0 — Consumer Cyclical
47 La Opala RG LimitedLAOPALA 24,590 ₹144.71 ₹1,606 17.2 1.96 0.08× 11.3% 3.23% — Consumer Cyclical
48 Kiri Industries LimitedKIRIINDUS 24,313 ₹469.05 ₹3,056 0.5 0.47 0.08× 88.2% 0 ⚑ Basic Materials
49 Advanced Enzyme Technologies LimitedADVENZYMES 23,730 ₹258.85 ₹2,852 17.5 1.75 0.08× 10.2% 0.51% — Basic Materials
50 Lovable Lingerie LimitedLOVABLE 25,096 ₹64.55 ₹95 16.9 0.53 0.09× 3.1% 0 — Consumer Cyclical

Top 100

51 Shanthala FMCG Products LimitedSHANTHALA 26,758 ₹12.05 ₹8 35.3 0.34 0.09× — — — —
52 Kronox Lab Sciences LimitedKRONOX 21,451 ₹197.14 ₹731 25.5 6.30 0.09× 24.4% 0.25% — Basic Materials
53 Gujarat Intrux LimitedGUJINTRX 22,721 ₹430.25 ₹147 14.1 2.25 0.09× 16.2% 5.86% — Basic Materials
54 NDL Ventures LimitedNDLVENTURE 21,094 ₹110.35 ₹371 479.8 6.27 0.09× 1.2% 0.42% — Communication Services
55 Filatex Fashions LimitedFILATFASH 23,421 ₹0.17 ₹141 — 0.06 0.09× 0.0% 0 — Consumer Cyclical
56 Tamboli Industries LimitedTAMBOLIIN 22,275 ₹336.85 ₹334 31.5 2.73 0.09× 8.7% 0.40% — Industrials
57 Fiberweb (India) LimitedFIBERWEB 24,906 ₹25.18 ₹72 13.9 0.39 0.09× 2.8% 0 — Consumer Cyclical
58 Ramco Industries LimitedRAMCOIND 24,248 ₹286.70 ₹2,489 7.6 0.55 0.09× 7.3% 0.43% — Industrials
59 United Drilling Tools LimitedUNIDT 24,898 ₹184.44 ₹374 16.8 1.34 0.09× 7.7% 1.19% — Energy
60 Sri KPR Industries LimitedSRIKPRIND 24,778 ₹25.00 — 7.6 0.39 0.09× 5.3% 4.00% — Industrials
61 Hindustan Composites LimitedHINDCOMPOS 24,553 ₹392.60 ₹579 22.7 0.51 0.09× 2.2% 0.47% ⚑ Consumer Cyclical
62 Zaggle Prepaid Ocean Services LimitedZAGGLE 24,932 ₹156.81 ₹2,108 16.2 1.50 0.09× 9.9% 0 ⚑ Fintech SaaS — Spend Management
63 Diamines and Chemicals LimitedDIAMINESQ 21,523 ₹241.81 ₹243 Loss 1.54 0.10× -6.5% 0 — Basic Materials
64 Infollion Research Services LimitedINFOLLION 25,194 ₹147.45 ₹142 20.7 2.32 0.10× — — — —
65 Cello World LimitedCELLO 24,712 ₹363.85 ₹8,036 26.0 2.98 0.10× 11.4% 0.41% — Consumer Cyclical
66 Gujarat Apollo Industries LimitedGUJAPOLLO 23,789 ₹345.45 ₹448 76.8 0.88 0.10× 1.2% 0.61% — Industrials
67 Onix Solar Energy LimitedONIXSOLAR 23,626 ₹328.00 ₹1,209 3.4 1.56 0.10× 12.4% 0 — Technology
68 Apex Frozen Foods LimitedAPEX 24,942 ₹310.25 ₹969 18.9 1.84 0.11× 9.7% 0.75% — Consumer Defensive
69 Likhitha Infrastructure LimitedLIKHITHA 23,862 ₹212.39 ₹837 25.7 2.03 0.11× 8.0% 0 — Energy
70 Mega Nirman & Industries LimitedMNIL 1,152 ₹55.99 ₹143 254.5 — 0.11× — 0 — Consumer Cyclical
71 BN Agrochem LimitedBNAGROCHEM 22,723 ₹143.62 ₹1,404 82.5 3.01 0.11× 3.7% 0 — Consumer Defensive
72 Teamo Productions HQ LimitedTPHQ 24,244 ₹0.45 ₹49 7.5 0.36 0.11× 4.6% 0 — Industrials
73 Indowind Energy LimitedINDOWIND 25,300 ₹8.53 ₹137 121.9 0.45 0.11× 0.4% 0 — Utilities
74 Rolex Rings LimitedROLEXRINGS 22,516 ₹154.08 ₹4,042 37.4 3.33 0.11× 9.2% 0 — Industrials
75 CCME Global LimitedCCME 24,237 ₹31.81 ₹143 Loss 3.59 0.12× -1.7% 0 — Healthcare
76 GOCL Corporation LimitedGOCLCORP 24,753 ₹340.05 ₹1,685 6.2 0.54 0.12× 8.6% 8.39% — Basic Materials
77 Hardwyn India LimitedHARDWYN 24,683 ₹9.06 ₹619 47.7 1.52 0.12× 3.2% 0 — Industrials
78 Kavveri Defence & Wireless Technologies LimitedKAVDEFENCE 19,072 ₹82.50 ₹496 Loss 4.44 0.12× -0.8% 0 — Technology
79 Azad India Mobility LimitedAZADIND 20,647 ₹81.58 ₹444 145.7 3.41 0.12× 2.3% 0 — Basic Materials
80 Sree Rayalaseema Hi-Strength Hypo LimitedSRHHYPOLTD 24,416 ₹485.30 ₹833 9.0 0.86 0.12× 9.5% 0.56% — Basic Materials
81 Brightcom Group LimitedBCG 23,653 ₹8.75 ₹1,766 1.7 0.17 0.12× 9.6% 0 ⚑ Communication Services
82 Kamdhenu LimitedKAMDHENU 22,654 ₹35.15 ₹990 11.8 2.50 0.12× 21.2% 1.10% — Basic Materials
83 Deccan Gold Mines LimitedDECNGOLD 17,895 ₹171.60 ₹3,449 Loss 6.62 0.12× -7.0% 0 — Basic Materials
84 CG-VAK Software and Exports LimitedCGVAK 23,501 ₹137.36 ₹69 8.0 0.84 0.12× 9.3% 0.77% — Technology
85 KRBL LimitedKRBL 23,748 ₹354.90 ₹8,123 10.7 1.40 0.12× 13.1% 1.16% — Consumer Defensive
86 Career Point Edutech Ltd.CPEDU 5,922 ₹177.02 ₹322 13.6 — 0.12× — 2.82% — Consumer Defensive
87 Delta Corp LimitedDELTACORP 20,588 ₹76.25 ₹2,041 Loss 0.91 0.13× -7.0% 0.61% — Consumer Cyclical
88 DUDigital Global LimitedDUGLOBAL 24,849 ₹22.90 ₹164 90.6 1.59 0.13× — — — —
89 Shilp Gravures LimitedSHILGRAVQ 24,146 ₹138.88 ₹85 12.9 0.81 0.13× 6.4% 1.47% — Industrials
90 ABM Knowledgeware LimitedABMKNO 25,315 ₹140.23 ₹280 31.7 1.16 0.13× 3.6% 0.78% — Technology
91 Jagsonpal Pharmaceuticals LimitedJAGSNPHARM 22,193 ₹210.86 ₹1,392 31.4 5.04 0.13× 17.0% 1.11% — Healthcare
92 Motisons Jewellers LimitedMOTISONS 22,358 ₹15.88 ₹1,806 25.2 3.62 0.13× 13.1% 0 — Consumer Cyclical
93 Ponni Sugars (Erode) LimitedPONNIERODE 23,889 ₹340.40 ₹292 5.9 0.52 0.13× 8.7% 1.45% — Consumer Defensive
94 Kothari Products LimitedKOTHARIPRO 25,609 ₹59.31 ₹354 17.4 0.31 0.13× 1.7% 0 — Industrials
95 PBM Polytex LimitedPBMPOLY 24,983 ₹57.24 ₹39 21.3 0.35 0.13× 1.6% 0 — Consumer Cyclical
96 ITC Hotels LimitedITCHOTELS 22,533 ₹161.83 ₹33,710 38.9 2.89 0.13× 7.4% 0.65% — Consumer Cyclical
97 PC Jeweller LimitedPCJEWELLER 21,565 ₹18.07 ₹17,722 24.4 2.17 0.13× 6.9% 0 — Consumer Cyclical
98 PNC Media and Entertainment LimitedPNC 23,321 ₹17.45 ₹25 Loss 0.41 0.13× -22.8% 0 — Communication Services
99 Nahar Poly Films LimitedNAHARPOLY 25,186 ₹215.83 ₹530 7.3 0.61 0.13× 8.3% 0.68% — Consumer Cyclical
100 Par Drugs and Chemicals LimitedPAR 25,446 ₹104.60 ₹128 9.8 1.15 0.13× 11.8% 0 — Healthcare

Low debt in other groups · India

Under ₹10Under ₹50Under ₹100Under ₹500

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Questions

Which companies priced under ₹500 in India have the lowest Owes vs Owns?

The first five on PositoAI's list are Rajdarshan Industries Limited (0.01×), Agri-tech (India) Limited (0.01×), National Standard (India) Limited (0.01×), Galaxy Agrico Exports Limited (0.01×), Emkay Taps and Cutting Tools Limited (0.01×).

How many companies priced under ₹500 in India have an Owes vs Owns figure?

1,430 of the 1,652 companies priced under ₹500 in India on PositoAI have an Owes vs Owns figure (banks and lenders left out); this page shows the top 100.

How is this list made?

Companies ordered by Owes vs Owns (everything they owe compared with everything they own), lowest first. Banks and lenders are left out. 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.

Companies ordered by Owes vs Owns (everything they owe compared with everything they own), lowest first. Banks and lenders are left out. 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.