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Top 10 Low PE Stocks in India — Top 100 List

Of the 2,393 companies in India on PositoAI, 2,114 are profit-making. First on the list is Gayatri Projects Limited (0.2). The median among them is 23.90. 5 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 Gayatri Projects LimitedGAYAPROJ 22,082 ₹891 0.2 1.47 0.71× 343.9% 0 ⚑ Industrials
2 VISA Chrome LimitedVISACHROME -17,057 ₹480 0.4 -2.26 1.41× — 0 ⚑ Basic Materials
3 Kiri Industries LimitedKIRIINDUS 24,313 ₹3,056 0.5 0.47 0.08× 88.2% 0 ⚑ Basic Materials
4 Reliance Infrastructure LimitedRELINFRA 22,469 ₹2,060 0.7 0.12 0.59× 17.6% 0 ⚑ Utilities
5 JSW Dulux LimitedJSWDULUX 24,100 ₹1,376 0.7 0.56 0.35× 80.0% 1.66% — Basic Materials
6 Gravity (India) LimitedGRAVITY 22,120 ₹14 0.7 0.96 0.63× 115.7% 0 — Consumer Cyclical
7 Vardhman Polytex LimitedVARDMNPOLY -17,707 ₹260 0.8 -1.31 1.70× — 0 — Consumer Cyclical
8 Gensol Engineering LimitedGENSOL 19,524 ₹42 0.8 0.13 0.87× 8.7% 0 ⚑ Technology
9 Zuari Agro Chemicals LimitedZUARI 25,293 ₹817 0.9 0.39 0.36× 45.0% 0 — Basic Materials
10 Panth Infinity LimitedPANTH 21,104 ₹63 0.9 0.64 0.50× 71.0% 0 — Consumer Cyclical

Top 20

11 Orosil Smiths India LimitedOROSMITHS 23,822 ₹26 1.1 1.03 0.15× 104.0% 0 — Consumer Cyclical
12 Osia Hyper Retail LimitedOSIAHYPER 23,609 ₹25 1.1 0.06 0.51× 5.6% 0 ⚑ Consumer Cyclical
13 Ashoka Buildcon LimitedASHOKA 25,361 ₹2,837 1.2 0.43 0.50× 37.4% 0 — Industrials
14 GTL Infrastructure LimitedGTLINFRA -18,118 ₹1,280 1.2 -0.25 2.67× — 0 — Technology
15 Jonjua Overseas LimitedJONJUA 24,351 ₹9 1.2 0.19 0.39× 15.6% 0 — Industrials
16 Royal India Corporation LimitedROYALIND 24,258 ₹63 1.3 0.47 0.30× 37.3% 0 — Consumer Cyclical
17 Nirman Agri Genetics LimitedNIRMAN 25,572 ₹20 1.4 0.16 0.01× — — ⚑ —
18 Dev Information Technology LimitedDEVIT 24,767 ₹106 1.4 0.98 0.42× 69.2% 0.52% — Technology
19 Maxgrow India LimitedMAXGROW 24,716 ₹796 1.5 0.38 0.30× 42.8% 0 — Industrials
20 Bharatiya Global Infomedia LimitedBGLOBAL 20,834 ₹5 1.5 0.07 0.22× 4.4% 0 ⚑ Technology

Top 50

21 Teerth Gopicon LimitedTGL 24,482 ₹13 1.7 0.17 0.56× — — ⚑ —
22 Brightcom Group LimitedBCG 23,653 ₹1,766 1.7 0.17 0.12× 9.6% 0 ⚑ Communication Services
23 Mishtann Foods LimitedMISHTANN 25,044 ₹310 1.8 0.24 0.43× 13.4% 0 — Consumer Defensive
24 Standard Industries LimitedSIL 22,243 ₹115 1.9 1.01 0.40× 53.8% 3.22% — Consumer Cyclical
25 Supha Pharmachem LimitedSUPHA 14,906 ₹22 1.9 0.21 0.94× 16.2% 0 — Healthcare
26 Ashoka Metcast LimitedASHOKAMET 23,853 ₹35 2.1 0.30 0.36× 10.1% 0 — Basic Materials
27 Falcon Technoprojects India LimitedFALCONTECH 22,267 ₹6 2.2 0.26 0.65× — — — —
28 Veranda Learning Solutions LimitedVERANDA 26,153 ₹328 2.2 0.34 0.48× 15.2% 0 — Consumer Defensive
29 ZF Commercial Vehicle Control Systems India LimitedZFCVINDIA 21,555 ₹24,399 2.3 6.61 0.17× 293.8% 0.19% — Consumer Cyclical
30 BLB LimitedBLBLIMITED 24,156 ₹81 3.0 0.62 0.02× 21.0% 0 — Financial Services
31 Reliance Home Finance LimitedRHFL -20,109 ₹64 3.0 -1.27 34.51× — 0 ⚑ Financial Services
32 Nahar Capital and Financial Services LimitedNAHARCAP 25,124 ₹368 3.1 0.23 0.10× 7.4% 0.65% — Financial Services
33 GSM Foils LimitedGSMFOILS 25,851 ₹87 3.1 1.17 0.55× — — — —
34 PVV Infra LimitedPVVINFRA 24,739 ₹30 3.2 0.39 0.35× 12.2% 0 — Basic Materials
35 Bhagyanagar India LimitedBHAGYANGR 21,908 ₹214 3.3 0.83 0.59× 24.4% 0 ⚑ Basic Materials
36 Vodafone Idea LimitedIDEA -24,376 ₹1,24,919 3.3 -3.53 1.19× — 0 ⚑ Communication Services
37 Onix Solar Energy LimitedONIXSOLAR 23,626 ₹1,209 3.4 1.56 0.10× 12.4% 0 — Technology
38 B&B Triplewall Containers LimitedBBTCL 21,665 ₹408 3.5 3.10 0.70× 89.6% 0.44% — Consumer Cyclical
39 Shah Alloys LimitedSHAHALLOYS 23,829 ₹144 3.5 1.29 0.46× 37.1% 0 — Basic Materials
40 Mukand LimitedMUKANDLTD 23,120 ₹2,216 3.5 1.46 0.63× 41.5% 1.14% — Basic Materials
41 Tamil Nadu Newsprint and Papers LimitedTNPL 22,545 ₹915 3.5 0.40 0.63× 11.3% 2.79% — Basic Materials
42 Coffee Day Enterprises LimitedCOFFEEDAY 22,636 ₹617 3.5 0.22 0.30× 6.3% 0 — Consumer Cyclical
43 Sun Pharma Advanced Research Company LimitedSPARC 23,113 ₹5,617 3.5 4.20 0.38× 118.3% 0 — Healthcare
44 International Conveyors LimitedINTLCONV 24,322 ₹490 3.6 1.16 0.25× 32.0% 0.65% — Industrials
45 Lancor Holdings LimitedLANCORHOL 23,679 ₹213 3.7 0.89 0.44× 24.1% 0.69% — Real Estate
46 Odyssey Corporation LimitedODYCORP 24,052 ₹55 3.7 0.31 0.08× — 0.75% — Financial Services
47 BF Investment LimitedBFINVEST 25,515 ₹1,479 3.8 0.17 0.09× 4.6% 2.34% — Financial Services
48 Digikore Studios LimitedDIGIKORE 25,222 ₹40 3.8 0.84 0.59× — — — —
49 Majestic Auto LimitedMAJESAUT 25,060 ₹377 3.9 0.56 0.04× 14.5% 13.71% — Real Estate
50 Zee Learn LimitedZEELEARN 21,424 ₹189 4.0 0.81 0.85× 20.0% 0 ⚑ Consumer Defensive

Top 100

51 Repco Home Finance LimitedREPCOHOME 20,783 ₹1,959 4.1 0.48 0.75× 11.9% 3.64% — Financial Services
52 Vardhman Acrylics LimitedVARDHACRLC 24,052 ₹334 4.1 1.32 0.26× 32.1% 3.52% — Consumer Cyclical
53 Nagreeka Capital & Infrastructure Ltd.NAGREEKCAP 20,645 ₹30 4.1 1.06 0.80× 25.9% 0 — Financial Services
54 Power Finance Corporation LimitedPFC 19,130 ₹1,07,880 4.1 0.75 0.85× 18.2% 4.76% — Financial Services
55 Vibrant Global Capital LimitedVGCL 24,299 ₹113 4.2 0.68 0.30× 15.5% 8.00% — Financial Services
56 Repro India LimitedREPRO 24,279 ₹416 4.3 1.19 0.44× 27.9% 0 — Industrials
57 GIC Housing Finance LimitedGICHSGFIN 19,759 ₹682 4.3 0.32 0.81× 7.5% 3.48% — Financial Services
58 Vardhman Holdings LimitedVHL 24,666 ₹1,139 4.5 0.30 0.00× 6.7% 0.14% — Financial Services
59 Omega Interactive Technologies LimitedOMEGAIN 25,096 ₹96 4.5 1.39 0.47× 9.5% 0 — Technology
60 K2 Infragen LimitedK2INFRA 23,916 ₹47 4.5 0.53 0.61× — — — —
61 Suryalata Spinning Mills LimitedSURYALA 24,523 — 4.6 0.54 0.33× 11.9% 0.53% — Consumer Cyclical
62 Consecutive Commodities LimitedCCDL 22,368 ₹56 4.6 2.81 0.06× 16.6% 0 — Financial Services
63 Krishna GVK Luxury Hotels LimitedTAJGVK 24,265 ₹1,941 4.7 1.90 0.20× 40.0% 0.61% — Consumer Cyclical
64 LIC Housing Finance LimitedLICHSGFIN 16,850 ₹27,613 4.8 0.67 0.87× 13.8% 1.81% — Financial Services
65 Dilip Buildcon LimitedDBL 23,311 ₹6,181 4.8 0.91 0.63× 15.1% 0.25% — Industrials
66 Gujarat Industries Power Company LimitedGIPCL 23,290 ₹2,440 4.9 0.64 0.59× 13.1% 2.46% — Utilities
67 PNC Infratech LimitedPNCINFRA 24,803 ₹3,605 4.9 0.53 0.51× 10.8% 0.45% — Industrials
68 Indian Emulsifiers LimitedIEML 25,171 ₹71 4.9 0.49 0.37× — — — —
69 REC LimitedRECLTD 17,682 ₹79,286 5.0 0.93 0.87× 19.0% 4.53% — Financial Services
70 Dhunseri Ventures LimitedDVL 24,765 ₹930 5.0 0.28 0.33× 5.7% 1.79% — Financial Services
71 Vaxtex Cotfab LimitedVCL 22,393 ₹27 5.1 1.21 0.39× 24.0% 0 — Consumer Cyclical
72 Chennai Petroleum Corporation LimitedCHENNPETRO 23,202 ₹21,647 5.2 1.95 0.45× 37.6% 4.17% — Energy
73 Deep Polymers LimitedDEEP 23,943 ₹94 5.2 0.90 0.29× 17.2% 0 — Basic Materials
74 Bank of IndiaBANKINDIA 23,586 ₹62,007 5.3 0.68 0.92× 13.7% 3.46% — Financial Services
75 Neelamalai Agro Industries LimitedNEAGI 24,238 — 5.3 0.60 0.03× 11.2% 0 — Consumer Defensive
76 Rajapalayam Mills LimitedRAJPALAYAM 23,515 ₹664 5.3 0.27 0.35× 5.1% 0.07% — Consumer Cyclical
77 Indian Oil Corporation LimitedIOC 22,383 ₹1,84,959 5.4 0.84 0.57× 15.3% 2.57% ⚑ Energy
78 UGRO Capital LimitedUGROCAP 20,138 ₹1,177 5.4 0.41 0.79× 7.5% 0 — Financial Services
79 Canara BankCANBK 23,332 ₹1,09,700 5.5 0.89 0.94× 16.9% 3.51% — Financial Services
80 Southern Petrochemical Industries Corporation LimitedSPIC 24,189 ₹1,149 5.6 0.84 0.45× 15.0% 3.27% — Basic Materials
81 Sati Poly Plast LimitedSATIPOLY 25,023 ₹19 5.6 0.98 0.74× — — — —
82 HMA Agro Industries LimitedHMAAGRO 23,964 ₹1,202 5.6 1.28 0.60× 22.6% 0 — Consumer Defensive
83 CSL Finance LimitedCSLFINANCE 22,865 ₹480 5.6 0.77 0.58× 13.9% 1.48% — Financial Services
84 Dhunseri Investments LimitedDHUNINV 25,798 ₹517 5.6 0.19 0.31× 3.3% 0.33% — Financial Services
85 Anmol India LimitedANMOL 22,598 ₹64 5.6 0.55 0.65× 9.7% 0 ⚑ Energy
86 Alfred Herbert (India) LimitedALFREDHE 25,015 ₹208 5.7 0.36 0.02× 6.4% 0.75% — Industrials
87 Agro Phos (India) LimitedAGROPHOS 24,769 ₹46 5.7 0.66 0.54× 10.4% 0 — Basic Materials
88 CP Capital LimitedCPCAP 24,278 ₹257 5.7 0.45 0.14× 7.9% 0 — Financial Services
89 K.M. Sugar Mills LimitedKMSUGAR 23,178 ₹274 5.7 0.70 0.48× 12.3% 0 — Consumer Defensive
90 Kalind LimitedKALIND 24,533 ₹315 5.8 1.49 0.11× 2.7% 0 — Financial Services
91 The Great Eastern Shipping Company LimitedGESHIP 22,281 ₹21,349 5.8 1.26 0.13× 22.0% 3.76% — Industrials
92 Panama Petrochem LimitedPANAMAPET 23,650 ₹2,789 5.8 1.90 0.23× 32.6% 0.61% — Energy
93 Elitecon International LimitedELITECON 25,385 ₹1,080 5.8 3.10 0.72× 46.8% 0 — Consumer Defensive
94 SAMHI Hotels LimitedSAMHI 20,954 ₹3,346 5.8 1.53 0.49× 37.5% 0 — Consumer Cyclical
95 Jullundur Motor Agency (Delhi) LimitedJMA 23,702 ₹188 5.9 0.69 0.21× 11.7% 2.34% — Consumer Cyclical
96 Ponni Sugars (Erode) LimitedPONNIERODE 23,889 ₹292 5.9 0.52 0.13× 8.7% 1.45% — Consumer Defensive
97 Vivid Mercantile LimitedVIVIDM 22,510 ₹60 6.0 1.07 0.21× 18.5% 0 — Industrials
98 Central Bank of IndiaCENTRALBK 24,765 ₹27,163 6.0 0.66 0.93× 11.6% 3.32% — Financial Services
99 Ducon Infratechnologies LimitedDUCON 25,084 ₹75 6.0 0.40 0.39× 4.1% 0 — Industrials
100 Narmada Macplast Drip Irrigation Systems Ltd.NARMP 18,685 ₹80 6.0 8.60 0.51× 144.1% 0 — Industrials

Low PE in other groups · India

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

Low PE in other countries

United StatesUnited KingdomChina

Questions

Which companies in India have the lowest P/E?

The first five on PositoAI's list are Gayatri Projects Limited (0.2), VISA Chrome Limited (0.4), Kiri Industries Limited (0.5), Reliance Infrastructure Limited (0.7), JSW Dulux Limited (0.7).

How many companies in India are profit-making?

2,114 of the 2,393 companies in India on PositoAI are profit-making; this page shows the top 100.

How is this list made?

Profit-making companies ordered by P/E ratio, lowest first. Loss-making companies are left out. The list is updated every day from PositoAI's data.

Profit-making companies ordered by P/E ratio, lowest first. Loss-making companies 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.

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.