Top 10 Low Debt Large Cap Stocks in India — Top 50 List

Of the 100 large cap companies in India on PositoAI, 76 have an Owes vs Owns figure (banks and lenders left out). First on the list is Divi's Laboratories Limited (0.16×). The median among them is 0.46×. 2 of the top 10 have 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	Divi's Laboratories LimitedDIVISLAB	16,033	₹2,43,222	83.1	14.51	0.16×	17.5%	0.32%	—	Healthcare
2	Avenue Supermarts LimitedDMART	21,120	₹2,06,521	66.2	8.44	0.17×	12.7%	0	—	Consumer Defensive
3	Cipla LimitedCIPLA	21,580	₹1,07,519	31.9	3.12	0.19×	9.8%	1.00%	—	Healthcare
4	Eicher Motors LimitedEICHERMOT	17,628	₹1,94,484	33.7	7.75	0.22×	23.0%	1.16%	⚑	Consumer Cyclical
5	ITC LimitedITC	20,678	₹3,24,415	16.3	4.47	0.22×	27.4%	6.02%	—	Consumer Defensive
6	Sun Pharmaceutical Industries LimitedSUNPHARMA	21,171	₹4,21,803	34.9	5.05	0.23×	14.5%	0.91%	⚑	Healthcare
7	Eternal LimitedETERNAL	16,261	₹2,80,258	647.8	9.05	0.24×	1.4%	0	—	Consumer Cyclical
8	Cummins India LimitedCUMMINSIND	17,034	₹1,23,631	52.2	14.59	0.25×	27.9%	1.43%	—	Industrials
9	The Indian Hotels Company LimitedINDHOTEL	17,948	₹1,13,167	51.9	8.67	0.26×	16.4%	0.43%	—	Consumer Cyclical
10	Varun Beverages LimitedVBL	21,460	₹1,35,570	39.4	6.23	0.27×	16.9%	0.46%	—	Consumer Defensive
Top 20
11	Maruti Suzuki India LimitedMARUTI	23,467	₹3,51,187	24.5	3.28	0.28×	13.4%	1.23%	—	Consumer Cyclical
12	Pidilite Industries LimitedPIDILITIND	17,374	₹1,50,866	57.0	13.93	0.28×	24.4%	0.78%	—	Basic Materials
13	Bosch LimitedBOSCHLTD	19,973	₹1,29,989	55.0	8.76	0.32×	15.9%	0.62%	—	Consumer Cyclical
14	Dr. Reddy's Laboratories LimitedDRREDDY	20,524	₹1,03,207	31.2	2.69	0.33×	8.8%	0.67%	⚑	Healthcare
15	One97 Communications LimitedPAYTM	18,029	₹1,06,314	166.0	6.63	0.33×	4.0%	0	—	Technology
16	Siemens LimitedSIEMENS	20,269	₹1,20,411	82.9	9.10	0.34×	10.5%	0.50%	—	Industrials
17	LTM LimitedLTM	22,738	₹1,26,707	24.3	5.16	0.34×	21.0%	1.76%	—	Technology
18	Hero MotoCorp LimitedHEROMOTOCO	20,947	₹1,02,632	18.8	4.75	0.35×	25.2%	3.78%	—	Consumer Cyclical
19	CG Power and Industrial Solutions LimitedCGPOWER	15,896	₹1,28,731	103.0	16.15	0.35×	15.7%	0.15%	—	Industrials
20	HCL Technologies LimitedHCLTECH	21,190	₹3,84,678	22.1	5.12	0.35×	24.1%	4.93%	⚑	Technology
Top 50
21	Asian Paints LimitedASIANPAINT	18,930	₹2,19,031	46.0	10.25	0.36×	22.3%	1.18%	—	Basic Materials
22	GAIL (India) LimitedGAIL	22,652	₹1,10,783	11.2	1.24	0.36×	11.1%	3.30%	—	Utilities
23	Hindustan Unilever LimitedHINDUNILVR	20,570	₹4,29,575	41.0	8.81	0.39×	21.5%	2.37%	—	Consumer Defensive
24	Lenskart Solutions LimitedLENSKART	15,522	₹1,09,816	171.4	12.57	0.39×	7.3%	0	—	Healthcare
25	Tech Mahindra LimitedTECHM	19,626	₹1,62,044	31.6	5.47	0.39×	17.3%	3.37%	—	Technology
26	DLF LimitedDLF	22,898	₹1,64,175	36.9	3.61	0.39×	10.1%	1.23%	—	Real Estate
27	Trent LimitedTRENT	12,360	₹1,48,014	81.8	21.19	0.39×	25.9%	0.14%	—	Consumer Cyclical
28	Solar Industries India LimitedSOLARINDS	10,718	₹1,72,021	86.4	27.40	0.40×	31.7%	0.06%	—	Basic Materials
29	Tata Consultancy Services LimitedTCS	20,784	₹9,07,018	17.6	8.46	0.41×	45.6%	2.23%	—	Technology
30	ABB India LimitedABB	17,484	₹1,36,988	88.1	14.67	0.41×	19.1%	0.44%	—	Industrials
31	Polycab India LimitedPOLYCAB	16,802	₹1,15,552	36.6	9.62	0.41×	26.8%	0.59%	⚑	Industrials
32	Infosys LimitedINFY	20,568	₹4,67,146	15.7	5.07	0.41×	32.0%	4.89%	—	Technology
33	Wipro LimitedWIPRO	23,912	₹1,88,380	15.1	2.43	0.41×	16.1%	4.92%	—	Technology
34	Hyundai Motor India LimitedHYUNDAI	21,526	₹1,54,017	31.1	7.70	0.42×	24.7%	1.08%	—	Consumer Cyclical
35	UltraTech Cement LimitedULTRACEMCO	21,758	₹3,22,351	37.8	4.21	0.43×	11.1%	2.25%	—	Basic Materials
36	Zydus Lifesciences LimitedZYDUSLIFE	21,858	₹1,13,216	25.3	4.18	0.44×	16.6%	0.09%	—	Healthcare
37	LG Electronics India LimitedLGEINDIA	17,444	₹1,12,078	61.4	14.62	0.44×	23.8%	0	—	Technology
38	Bharat Electronics LimitedBEL	18,597	₹2,66,441	43.4	11.11	0.46×	25.6%	0.68%	—	Industrials
39	Adani Ports and Special Economic Zone LimitedADANIPORTS	21,247	₹4,03,192	29.9	4.19	0.47×	14.1%	0.43%	—	Industrials
40	Hindustan Zinc LimitedHINDZINC	19,658	₹2,18,871	10.5	9.67	0.47×	92.0%	2.04%	—	Basic Materials
41	Jindal Steel LimitedJINDALSTEL	23,027	₹1,05,513	38.8	2.07	0.47×	5.3%	0.20%	—	Basic Materials
42	Britannia Industries LimitedBRITANNIA	13,115	₹1,11,401	42.8	21.82	0.47×	51.0%	1.88%	—	Consumer Defensive
43	Bajaj Auto LimitedBAJAJ-AUTO	19,948	₹2,79,063	24.1	7.19	0.48×	30.3%	1.53%	—	Consumer Cyclical
44	Oil and Natural Gas Corporation LimitedONGC	23,884	₹2,83,056	6.5	0.76	0.48×	11.7%	6.55%	—	Energy
45	Laurus Labs LimitedLAURUSLABS	11,536	₹1,08,197	99.0	20.41	0.48×	20.6%	0.12%	—	Healthcare
46	Reliance Industries LimitedRELIANCE	22,974	₹16,02,921	21.5	1.77	0.50×	8.3%	0.51%	—	Energy
47	Adani Power LimitedADANIPOWER	21,655	₹3,57,287	25.1	5.50	0.53×	21.9%	0	⚑	Utilities
48	Apollo Hospitals Enterprise LimitedAPOLLOHOSP	16,258	₹1,09,341	52.4	11.53	0.55×	22.0%	0.25%	—	Healthcare
49	Hitachi Energy India LimitedPOWERINDIA	13,605	₹1,20,501	104.8	23.28	0.57×	22.2%	0.03%	—	Industrials
50	Indian Oil Corporation LimitedIOC	22,383	₹1,84,959	5.4	0.84	0.57×	15.3%	2.57%	⚑	Energy

Low debt in other groups · India

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Questions

Which large cap companies in India have the lowest Owes vs Owns?

The first five on PositoAI's list are Divi's Laboratories Limited (0.16×), Avenue Supermarts Limited (0.17×), Cipla Limited (0.19×), Eicher Motors Limited (0.22×), ITC Limited (0.22×).

How many large cap companies in India have an Owes vs Owns figure?

76 of the 100 large cap companies in India on PositoAI have an Owes vs Owns figure (banks and lenders left out); this page shows the top 50.

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.

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.

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 top lists for India. PositoAI is for research and education only and is not investment advice.