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

Of the 2,393 companies in India on PositoAI, 680 make a profit with a return on equity of 15% or more. First on the list is Kiri Industries Limited (0.5). 2 of the top 10 have an active red or yellow flag.

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 Market Cap
(INR Cr)		 P/E P/B Owes vs
Owns		 ROE Div
Yield		 FlagSector
1 Kiri Industries LimitedKIRIINDUS 24,313 ₹3,056 0.5 0.47 0.08× 88.2% 0 ⚑ Basic Materials
2 Reliance Infrastructure LimitedRELINFRA 22,469 ₹2,060 0.7 0.12 0.59× 17.6% 0 ⚑ Utilities
3 JSW Dulux LimitedJSWDULUX 24,100 ₹1,376 0.7 0.56 0.35× 80.0% 1.66% — Basic Materials
4 Gravity (India) LimitedGRAVITY 22,120 ₹14 0.7 0.96 0.63× 115.7% 0 — Consumer Cyclical
5 Zuari Agro Chemicals LimitedZUARI 25,293 ₹817 0.9 0.39 0.36× 45.0% 0 — Basic Materials
6 Panth Infinity LimitedPANTH 21,104 ₹63 0.9 0.64 0.50× 71.0% 0 — Consumer Cyclical
7 Orosil Smiths India LimitedOROSMITHS 23,822 ₹26 1.1 1.03 0.15× 104.0% 0 — Consumer Cyclical
8 Ashoka Buildcon LimitedASHOKA 25,361 ₹2,837 1.2 0.43 0.50× 37.4% 0 — Industrials
9 Jonjua Overseas LimitedJONJUA 24,351 ₹9 1.2 0.19 0.39× 15.6% 0 — Industrials
10 Royal India Corporation LimitedROYALIND 24,258 ₹63 1.3 0.47 0.30× 37.3% 0 — Consumer Cyclical

Top 20

11 Dev Information Technology LimitedDEVIT 24,767 ₹106 1.4 0.98 0.42× 69.2% 0.52% — Technology
12 Maxgrow India LimitedMAXGROW 24,716 ₹796 1.5 0.38 0.30× 42.8% 0 — Industrials
13 Standard Industries LimitedSIL 22,243 ₹115 1.9 1.01 0.40× 53.8% 3.22% — Consumer Cyclical
14 Supha Pharmachem LimitedSUPHA 14,906 ₹22 1.9 0.21 0.94× 16.2% 0 — Healthcare
15 Veranda Learning Solutions LimitedVERANDA 26,153 ₹328 2.2 0.34 0.48× 15.2% 0 — Consumer Defensive
16 BLB LimitedBLBLIMITED 24,156 ₹81 3.0 0.62 0.02× 21.0% 0 — Financial Services
17 Bhagyanagar India LimitedBHAGYANGR 21,908 ₹214 3.3 0.83 0.59× 24.4% 0 ⚑ Basic Materials
18 B&B Triplewall Containers LimitedBBTCL 21,665 ₹408 3.5 3.10 0.70× 89.6% 0.44% — Consumer Cyclical
19 Shah Alloys LimitedSHAHALLOYS 23,829 ₹144 3.5 1.29 0.46× 37.1% 0 — Basic Materials
20 Mukand LimitedMUKANDLTD 23,120 ₹2,216 3.5 1.46 0.63× 41.5% 1.14% — Basic Materials

Top 50

21 Sun Pharma Advanced Research Company LimitedSPARC 23,113 ₹5,617 3.5 4.20 0.38× 118.3% 0 — Healthcare
22 International Conveyors LimitedINTLCONV 24,322 ₹490 3.6 1.16 0.25× 32.0% 0.65% — Industrials
23 Lancor Holdings LimitedLANCORHOL 23,679 ₹213 3.7 0.89 0.44× 24.1% 0.69% — Real Estate
24 Zee Learn LimitedZEELEARN 21,424 ₹189 4.0 0.81 0.85× 20.0% 0 ⚑ Consumer Defensive
25 Vardhman Acrylics LimitedVARDHACRLC 24,052 ₹334 4.1 1.32 0.26× 32.1% 3.52% — Consumer Cyclical
26 Nagreeka Capital & Infrastructure Ltd.NAGREEKCAP 20,645 ₹30 4.1 1.06 0.80× 25.9% 0 — Financial Services
27 Power Finance Corporation LimitedPFC 19,130 ₹1,07,880 4.1 0.75 0.85× 18.2% 4.76% — Financial Services
28 Vibrant Global Capital LimitedVGCL 24,299 ₹113 4.2 0.68 0.30× 15.5% 8.00% — Financial Services
29 Repro India LimitedREPRO 24,279 ₹416 4.3 1.19 0.44× 27.9% 0 — Industrials
30 Consecutive Commodities LimitedCCDL 22,368 ₹56 4.6 2.81 0.06× 16.6% 0 — Financial Services
31 Krishna GVK Luxury Hotels LimitedTAJGVK 24,265 ₹1,941 4.7 1.90 0.20× 40.0% 0.61% — Consumer Cyclical
32 Dilip Buildcon LimitedDBL 23,311 ₹6,181 4.8 0.91 0.63× 15.1% 0.25% — Industrials
33 REC LimitedRECLTD 17,682 ₹79,286 5.0 0.93 0.87× 19.0% 4.53% — Financial Services
34 Vaxtex Cotfab LimitedVCL 22,393 ₹27 5.1 1.21 0.39× 24.0% 0 — Consumer Cyclical
35 Chennai Petroleum Corporation LimitedCHENNPETRO 23,202 ₹21,647 5.2 1.95 0.45× 37.6% 4.17% — Energy
36 Deep Polymers LimitedDEEP 23,943 ₹94 5.2 0.90 0.29× 17.2% 0 — Basic Materials
37 Indian Oil Corporation LimitedIOC 22,383 ₹1,84,959 5.4 0.84 0.57× 15.3% 2.57% ⚑ Energy
38 Canara BankCANBK 23,332 ₹1,09,700 5.5 0.89 0.94× 16.9% 3.51% — Financial Services
39 HMA Agro Industries LimitedHMAAGRO 23,964 ₹1,202 5.6 1.28 0.60× 22.6% 0 — Consumer Defensive
40 The Great Eastern Shipping Company LimitedGESHIP 22,281 ₹21,349 5.8 1.26 0.13× 22.0% 3.76% — Industrials
41 Panama Petrochem LimitedPANAMAPET 23,650 ₹2,789 5.8 1.90 0.23× 32.6% 0.61% — Energy
42 Elitecon International LimitedELITECON 25,385 ₹1,080 5.8 3.10 0.72× 46.8% 0 — Consumer Defensive
43 SAMHI Hotels LimitedSAMHI 20,954 ₹3,346 5.8 1.53 0.49× 37.5% 0 — Consumer Cyclical
44 Vivid Mercantile LimitedVIVIDM 22,510 ₹60 6.0 1.07 0.21× 18.5% 0 — Industrials
45 Narmada Macplast Drip Irrigation Systems Ltd.NARMP 18,685 ₹80 6.0 8.60 0.51× 144.1% 0 — Industrials
46 Indo Thai Securities LimitedINDOTHAI 27,057 ₹423 6.1 1.49 0.23× 24.4% 0.54% — Financial Services
47 Shekhawati Industries LimitedSHEKHAWATI 23,462 ₹75 6.1 3.45 0.31× 56.1% 0 — Consumer Cyclical
48 Globus Spirits LimitedGLOBUSSPR 23,424 ₹2,290 6.2 2.10 0.52× 30.6% 0.84% — Consumer Defensive
49 The Bombay Burmah Trading Corporation LimitedBBTC 25,511 ₹8,063 6.2 1.15 0.34× 18.3% 1.39% — Consumer Defensive
50 Bharat Rasayan LimitedBHARATRAS 26,722 ₹1,622 6.3 1.27 0.11× 20.2% 0.05% — Basic Materials

Top 100

51 K.P. Energy LimitedKPEL 23,833 ₹1,166 6.3 2.23 0.81× 34.8% 0.38% — Industrials
52 IVP LimitedIVP 23,701 ₹208 6.6 1.33 0.54× 20.1% 0.68% — Basic Materials
53 Alpine Texworld LimitedALPINETEX 23,607 ₹142 6.6 1.96 0.75× 33.9% 0 — Consumer Cyclical
54 Gulshan Polyols LimitedGULPOLY 24,090 ₹979 6.6 1.36 0.45× 20.6% 0.94% — Basic Materials
55 Master Trust LimitedMASTERTR 25,321 ₹922 6.7 1.13 0.64× 16.5% 0 — Financial Services
56 Union Bank of IndiaUNIONBANK 23,482 ₹1,39,580 6.8 1.00 0.91× 15.8% 2.89% — Financial Services
57 SRM Contractors LimitedSRM 24,630 ₹838 7.1 2.26 0.58× 31.8% 0 — Industrials
58 Housing and Urban Development Corporation LimitedHUDCO 18,770 ₹30,382 7.1 1.38 0.87× 19.4% 3.76% — Financial Services
59 Bharat Petroleum Corporation LimitedBPCL 23,293 ₹1,22,601 7.2 1.22 0.60× 17.1% 6.95% — Energy
60 U. Y. Fincorp LimitedUYFINCORP 23,854 ₹448 7.2 1.15 0.08× 15.9% 0 — Financial Services
61 The Shipping Corporation of India LimitedSCI 24,188 ₹11,731 7.2 1.29 0.32× 17.8% 2.71% — Industrials
62 Insolation Energy LimitedINA 24,570 ₹1,469 7.3 1.82 0.62× 24.9% 0 — Technology
63 Mahalaxmi Rubtech LimitedMHLXMIRU 24,240 ₹170 7.4 1.88 0.21× 25.5% 0 — Consumer Cyclical
64 Solex Energy LimitedSOLEX 24,734 ₹599 7.5 2.37 0.78× 31.6% 0.09% — Technology
65 DRC Systems India LimitedDRCSYSTEMS 23,281 ₹163 7.7 1.45 0.27× 18.9% 0 — Technology
66 Oswal Pumps LimitedOSWALPUMPS 26,615 ₹2,630 7.7 1.56 0.22× 19.3% 0 — Industrials
67 Chambal Fertilisers and Chemicals LimitedCHAMBLFERT 23,881 ₹14,990 7.8 1.44 0.28× 18.5% 3.21% — Basic Materials
68 Coal India LimitedCOALINDIA 23,182 ₹2,48,080 8.0 2.08 0.58× 26.2% 6.44% — Energy
69 Bank of MaharashtraMAHABANK 22,815 ₹60,363 8.0 1.82 0.92× 23.0% 2.65% — Financial Services
70 Galaxy Agrico Exports LimitedGALAGEX 20,054 ₹155 8.1 2.81 0.01× 34.9% 0 — Industrials
71 NMDC LimitedNMDC 23,814 ₹60,558 8.1 1.78 0.29× 21.9% 2.79% — Basic Materials
72 Life Insurance Corporation of IndiaLICI 24,324 ₹4,90,187 8.2 2.78 0.97× 34.0% 2.54% — Financial Services
73 Can Fin Homes LimitedCANFINHOME 16,627 ₹9,525 8.3 1.59 0.87× 19.4% 2.19% — Financial Services
74 ShreeOswal Seeds and Chemicals LimitedOSWALSEEDS 23,737 ₹100 8.3 1.98 0.64× 23.9% 0 — Basic Materials
75 Emami Paper Mills LimitedEMAMIPAP 22,754 ₹683 8.3 1.19 0.68× 17.1% 2.77% — Basic Materials
76 GK Energy LimitedGKENERGY 25,831 ₹1,945 8.3 2.19 0.32× 26.3% 0.44% — Utilities
77 Borana Weaves LimitedBORANA 24,736 ₹578 8.4 2.06 0.23× 24.6% 0 — Consumer Cyclical
78 R M Drip and Sprinklers Systems LimitedRMDRIP 21,702 ₹760 8.4 6.85 0.46× 47.5% 0.14% — Industrials
79 National Aluminium Company LimitedNATIONALUM 23,226 ₹57,100 8.5 2.64 0.19× 31.2% 1.27% — Basic Materials
80 Muthoot Finance LimitedMUTHOOTFIN 20,886 ₹96,954 8.5 2.39 0.80× 31.7% 1.14% — Financial Services
81 Websol Energy System LimitedWEBELSOLAR 21,450 ₹2,655 8.6 4.21 0.32× 51.2% 0.38% ⚑ Technology
82 AuSom Enterprise LimitedAUSOMENT 23,838 ₹212 8.6 1.32 0.19× 15.4% 0.67% — Financial Services
83 Indian BankINDIANB 23,490 ₹1,15,259 8.7 1.44 0.92× 16.1% 2.13% — Financial Services
84 Autoline Industries LimitedAUTOIND 21,054 ₹349 8.8 1.78 0.74× 20.2% 0 — Consumer Cyclical
85 EFC (I) LimitedEFCIL 22,057 ₹2,596 8.8 3.22 0.70× 33.9% 0 — Real Estate
86 Suratwwala Business Group LimitedSBGLP 23,874 ₹363 8.8 3.48 0.58× 39.7% 0.54% — Real Estate
87 Donear Industries LimitedDONEAR 23,327 ₹407 8.9 1.47 0.68× 16.6% 0.25% — Consumer Cyclical
88 Sical Logistics LimitedSICALLOG 21,435 ₹638 9.0 4.86 0.70× 41.7% 0 — Industrials
89 Sundaram-Clayton LimitedSUNCLAY 23,251 ₹2,274 9.1 1.76 0.61× 19.4% 0.41% — Industrials
90 Senco Gold LimitedSENCO 22,783 ₹5,188 9.1 2.06 0.64× 22.7% 0.52% — Consumer Cyclical
91 Radhika Jeweltech LimitedRADHIKAJWE 24,094 ₹724 9.1 1.82 0.17× 20.0% 0 — Consumer Cyclical
92 Aeroflex Enterprises LimitedAEROENTER 23,418 ₹1,372 9.1 1.66 0.17× 18.2% 0.32% — Basic Materials
93 Dhvija Finance LimitedDHVIJAFIN 23,398 ₹46 9.2 2.88 0.45× 31.3% 0 — Financial Services
94 HEC Infra Projects LimitedHECPROJECT 24,071 ₹116 9.2 1.78 0.51× 19.2% 0 — Industrials
95 Mangalore Refinery and Petrochemicals LimitedMRPL 23,521 ₹29,082 9.3 2.05 0.68× 22.1% 2.32% — Energy
96 Cholamandalam Financial Holdings LimitedCHOLAHLDNG 17,628 ₹24,715 9.3 1.60 0.87× 17.3% 0.09% — Financial Services
97 Jay Bharat Maruti LimitedJAYBARMARU 23,793 ₹1,291 9.3 1.85 0.62× 19.9% 0.55% — Consumer Cyclical
98 Siyaram Silk Mills LimitedSIYSIL 24,796 ₹2,224 9.4 1.52 0.33× 16.2% 2.22% — Consumer Cyclical
99 One Global Service Provider LimitedONEGLOBAL 23,212 ₹724 9.5 5.13 0.44× 52.4% 0.17% — Healthcare
100 Expleo Solutions LimitedEXPLEOSOL 24,394 ₹1,307 9.5 1.68 0.16× 17.7% 12.76% — Technology

High ROE + low PE in other groups · India

All of IndiaLarge CapMid CapSmall CapSenty (Sensex + Nifty 50)Nifty 50Nano CapMicro CapMini CapMeso CapTito Cap

High ROE + low PE in other countries

United StatesUnited KingdomChina

Questions

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

The first five on PositoAI's list are Kiri Industries Limited (0.5), Reliance Infrastructure Limited (0.7), JSW Dulux Limited (0.7), Gravity (India) Limited (0.7), Zuari Agro Chemicals Limited (0.9).

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

680 of the 2,393 companies 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.

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 top 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.