Top 10 High ROE Low PE Large Cap Stocks in India — Top 50 List

Of the 100 large cap companies in India on PositoAI, 60 make a profit with a return on equity of 15% or more. First on the list is Power Finance Corporation Limited (4.1). 1 of the top 10 has an active red or yellow flag.

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Positivity Score High dividend Low debt Low PE High ROE High ROE + low PE No red flags No red or yellow flags Fundamentally strong Near 52-week low Near 52-week high High score near 52-week low

#	Company	Score	Market Cap (INR Cr)	P/E	P/B	Owes vs Owns	ROE	Div Yield	Flag	Sector
1	Power Finance Corporation LimitedPFC	19,130	₹1,07,880	4.1	0.75	0.85×	18.2%	4.76%	—	Financial Services
2	Indian Oil Corporation LimitedIOC	22,383	₹1,84,959	5.4	0.84	0.57×	15.3%	2.57%	⚑	Energy
3	Canara BankCANBK	23,332	₹1,09,700	5.5	0.89	0.94×	16.9%	3.51%	—	Financial Services
4	Union Bank of IndiaUNIONBANK	23,482	₹1,39,580	6.8	1.00	0.91×	15.8%	2.89%	—	Financial Services
5	Bharat Petroleum Corporation LimitedBPCL	23,293	₹1,22,601	7.2	1.22	0.60×	17.1%	6.95%	—	Energy
6	Coal India LimitedCOALINDIA	23,182	₹2,48,080	8.0	2.08	0.58×	26.2%	6.44%	—	Energy
7	Life Insurance Corporation of IndiaLICI	24,324	₹4,90,187	8.2	2.78	0.97×	34.0%	2.54%	—	Financial Services
8	Indian BankINDIANB	23,490	₹1,15,259	8.7	1.44	0.92×	16.1%	2.13%	—	Financial Services
9	State Bank of IndiaSBIN	22,341	₹8,95,369	10.4	1.44	0.92×	15.2%	1.81%	—	Financial Services
10	Hindustan Zinc LimitedHINDZINC	19,658	₹2,18,871	10.5	9.67	0.47×	92.0%	2.04%	—	Basic Materials
Top 20
11	JSW Steel LimitedJSWSTEEL	20,802	₹2,97,799	12.0	2.98	0.61×	24.7%	0.61%	—	Basic Materials
12	Power Grid Corporation of India LimitedPOWERGRID	21,559	₹2,31,026	14.5	2.30	0.66×	15.8%	3.61%	—	Utilities
13	Wipro LimitedWIPRO	23,912	₹1,88,380	15.1	2.43	0.41×	16.1%	4.92%	—	Technology
14	Infosys LimitedINFY	20,568	₹4,67,146	15.7	5.07	0.41×	32.0%	4.89%	—	Technology
15	Shriram Finance LimitedSHRIRAMFIN	18,522	₹2,11,989	15.9	3.22	0.79×	18.5%	1.15%	—	Financial Services
16	ITC LimitedITC	20,678	₹3,24,415	16.3	4.47	0.22×	27.4%	6.02%	—	Consumer Defensive
17	Mahindra & Mahindra LimitedM&M	19,791	₹3,43,910	17.4	3.69	0.66×	19.7%	1.18%	⚑	Consumer Cyclical
18	Tata Consultancy Services LimitedTCS	20,784	₹9,07,018	17.6	8.46	0.41×	45.6%	2.23%	—	Technology
19	ICICI Bank LimitedICICIBANK	19,366	₹10,03,940	18.1	2.64	0.87×	16.1%	0.89%	—	Financial Services
20	Hero MotoCorp LimitedHEROMOTOCO	20,947	₹1,02,632	18.8	4.75	0.35×	25.2%	3.78%	—	Consumer Cyclical
Top 50
21	HCL Technologies LimitedHCLTECH	21,190	₹3,84,678	22.1	5.12	0.35×	24.1%	4.93%	⚑	Technology
22	Cholamandalam Investment and Finance Company LimitedCHOLAFIN	14,918	₹1,31,276	22.6	4.31	0.88×	18.9%	0.13%	—	Financial Services
23	Bajaj Auto LimitedBAJAJ-AUTO	19,948	₹2,79,063	24.1	7.19	0.48×	30.3%	1.53%	—	Consumer Cyclical
24	LTM LimitedLTM	22,738	₹1,26,707	24.3	5.16	0.34×	21.0%	1.76%	—	Technology
25	Adani Power LimitedADANIPOWER	21,655	₹3,57,287	25.1	5.50	0.53×	21.9%	0	⚑	Utilities
26	Zydus Lifesciences LimitedZYDUSLIFE	21,858	₹1,13,216	25.3	4.18	0.44×	16.6%	0.09%	—	Healthcare
27	Bajaj Finance LimitedBAJFINANCE	18,433	₹5,86,547	28.9	5.15	0.79×	17.8%	0.56%	—	Financial Services
28	Larsen & Toubro LimitedLT	18,606	₹5,00,581	30.2	4.58	0.72×	15.2%	1.03%	—	Industrials
29	Hyundai Motor India LimitedHYUNDAI	21,526	₹1,54,017	31.1	7.70	0.42×	24.7%	1.08%	—	Consumer Cyclical
30	Tech Mahindra LimitedTECHM	19,626	₹1,62,044	31.6	5.47	0.39×	17.3%	3.37%	—	Technology
31	Eicher Motors LimitedEICHERMOT	17,628	₹1,94,484	33.7	7.75	0.22×	23.0%	1.16%	⚑	Consumer Cyclical
32	Hindustan Aeronautics LimitedHAL	20,124	₹3,26,027	35.0	7.94	0.69×	22.7%	0.97%	—	Industrials
33	Tata Motors LimitedTMCV	17,166	₹1,52,559	36.4	11.98	0.76×	32.9%	0.97%	—	Consumer Cyclical
34	Polycab India LimitedPOLYCAB	16,802	₹1,15,552	36.6	9.62	0.41×	26.8%	0.59%	⚑	Industrials
35	ICICI Prudential Asset Management Company LimitedICICIAMC	9,576	₹1,34,497	38.1	32.24	0.17×	76.2%	0.93%	—	Financial Services
36	Varun Beverages LimitedVBL	21,460	₹1,35,570	39.4	6.23	0.27×	16.9%	0.46%	—	Consumer Defensive
37	Bharti Airtel LimitedBHARTIARTL	18,949	₹11,82,102	39.6	7.31	0.65×	20.1%	1.33%	—	Communication Services
38	Hindustan Unilever LimitedHINDUNILVR	20,570	₹4,29,575	41.0	8.81	0.39×	21.5%	2.37%	—	Consumer Defensive
39	Britannia Industries LimitedBRITANNIA	13,115	₹1,11,401	42.8	21.82	0.47×	51.0%	1.88%	—	Consumer Defensive
40	Bharat Electronics LimitedBEL	18,597	₹2,66,441	43.4	11.11	0.46×	25.6%	0.68%	—	Industrials
41	Asian Paints LimitedASIANPAINT	18,930	₹2,19,031	46.0	10.25	0.36×	22.3%	1.18%	—	Basic Materials
42	BSE LimitedBSE	12,346	₹1,32,601	47.5	19.87	0.49×	35.4%	0.30%	—	Financial Services
43	Billionbrains Garage Ventures LimitedGROWW	16,871	₹1,16,188	48.1	12.04	0.48×	24.9%	0	—	Financial Services
44	The Indian Hotels Company LimitedINDHOTEL	17,948	₹1,13,167	51.9	8.67	0.26×	16.4%	0.43%	—	Consumer Cyclical
45	Cummins India LimitedCUMMINSIND	17,034	₹1,23,631	52.2	14.59	0.25×	27.9%	1.43%	—	Industrials
46	Apollo Hospitals Enterprise LimitedAPOLLOHOSP	16,258	₹1,09,341	52.4	11.53	0.55×	22.0%	0.25%	—	Healthcare
47	Bosch LimitedBOSCHLTD	19,973	₹1,29,989	55.0	8.76	0.32×	15.9%	0.62%	—	Consumer Cyclical
48	TVS Motor Company LimitedTVSMOTOR	10,597	₹1,88,749	55.1	19.73	0.81×	35.8%	0.29%	—	Consumer Cyclical
49	Pidilite Industries LimitedPIDILITIND	17,374	₹1,50,866	57.0	13.93	0.28×	24.4%	0.78%	—	Basic Materials
50	Nestlé India LimitedNESTLEIND	-4,075	₹2,29,450	60.2	57.22	0.67×	73.9%	0.90%	—	Consumer Defensive

High ROE + low PE in other groups · India

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High ROE + low PE in other countries

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Questions

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

The first five on PositoAI's list are Power Finance Corporation Limited (4.1), Indian Oil Corporation Limited (5.4), Canara Bank (5.5), Union Bank of India (6.8), Bharat Petroleum Corporation Limited (7.2).

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

60 of the 100 large cap companies in India on PositoAI make a profit with a return on equity of 15% or more; this page shows the top 50.

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.

What counts as a large cap stock in India?

In India, large cap means the 100 largest companies by market value, mid cap the next 150 (101st to 250th) and small cap the rest — the same rank-based rule SEBI uses, applied to the companies on PositoAI.

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.