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Top 10 High ROE Low PE Meso Cap Stocks (₹10,000 Cr to ₹1 lakh Cr) in India — Top 100 List

PosiCap · PositoAI classification

Of the 457 meso cap companies in India on PositoAI, 201 make a profit with a return on equity of 15% or more. First on the list is REC Limited (5.0). None of the top 10 has an active red or yellow flag.

Meso Cap is one of PosiCap, PositoAI's own size classes: companies with a market value ₹10,000 Cr to ₹1 lakh Cr (about $1.1B to $10.6B). It is not the SEBI or index definition. About PosiCap

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 REC LimitedRECLTD 17,682 ₹79,286 5.0 0.93 0.87× 19.0% 4.53% — Financial Services
2 Chennai Petroleum Corporation LimitedCHENNPETRO 23,202 ₹21,647 5.2 1.95 0.45× 37.6% 4.17% — Energy
3 The Great Eastern Shipping Company LimitedGESHIP 22,281 ₹21,349 5.8 1.26 0.13× 22.0% 3.76% — Industrials
4 Housing and Urban Development Corporation LimitedHUDCO 18,770 ₹30,382 7.1 1.38 0.87× 19.4% 3.76% — Financial Services
5 The Shipping Corporation of India LimitedSCI 24,188 ₹11,731 7.2 1.29 0.32× 17.8% 2.71% — Industrials
6 Chambal Fertilisers and Chemicals LimitedCHAMBLFERT 23,881 ₹14,990 7.8 1.44 0.28× 18.5% 3.21% — Basic Materials
7 Bank of MaharashtraMAHABANK 22,815 ₹60,363 8.0 1.82 0.92× 23.0% 2.65% — Financial Services
8 NMDC LimitedNMDC 23,814 ₹60,558 8.1 1.78 0.29× 21.9% 2.79% — Basic Materials
9 National Aluminium Company LimitedNATIONALUM 23,226 ₹57,100 8.5 2.64 0.19× 31.2% 1.27% — Basic Materials
10 Muthoot Finance LimitedMUTHOOTFIN 20,886 ₹96,954 8.5 2.39 0.80× 31.7% 1.14% — Financial Services

Top 20

11 Mangalore Refinery and Petrochemicals LimitedMRPL 23,521 ₹29,082 9.3 2.05 0.68× 22.1% 2.32% — Energy
12 Cholamandalam Financial Holdings LimitedCHOLAHLDNG 17,628 ₹24,715 9.3 1.60 0.87× 17.3% 0.09% — Financial Services
13 Signatureglobal (India) LimitedSIGNATURE 21,358 ₹10,034 9.6 5.43 0.89× 56.4% 0 — Real Estate
14 Indian Overseas BankIOB 23,983 ₹57,500 9.8 1.48 0.92× 16.5% 0 — Financial Services
15 Vedanta LimitedVEDL 25,098 ₹91,704 9.9 2.25 0.71× 18.7% 10.23% — Basic Materials
16 NLC India LimitedNLCINDIA 23,902 ₹32,384 9.9 1.50 0.61× 15.2% 1.58% — Utilities
17 Aptus Value Housing Finance India LimitedAPTUS 21,257 ₹10,107 10.3 2.00 0.61× 19.4% 2.32% — Financial Services
18 Petronet LNG LimitedPETRONET 22,459 ₹43,560 10.3 1.95 0.19× 18.9% 3.43% — Energy
19 DCM Shriram LimitedDCMSHRIRAM 23,761 ₹15,344 10.8 1.99 0.45× 19.0% 1.67% — Industrials
20 TVS Holdings LimitedTVSHLTD 20,864 ₹22,728 11.5 3.52 0.80× 30.5% 0.77% — Consumer Cyclical

Top 50

21 IIFL Finance LimitedIIFL 17,613 ₹24,152 11.6 1.74 0.82× 15.0% 0.67% — Financial Services
22 The Karur Vysya Bank LimitedKARURVYSYA 20,109 ₹34,418 12.5 2.44 0.90× 19.5% 0.76% — Financial Services
23 Emmvee Photovoltaic Power LimitedEMMVEE 23,406 ₹17,242 13.3 4.67 0.36× 35.0% 0.33% — Technology
24 Paradeep Phosphates LimitedPARADEEP 22,400 ₹14,367 13.4 2.12 0.62× 15.8% 1.02% — Basic Materials
25 Sarda Energy & Minerals LimitedSARDAEN 23,814 ₹16,077 14.2 2.18 0.34× 15.3% 0.42% — Basic Materials
26 CreditAccess Grameen LimitedCREDITACC 21,162 ₹17,446 14.5 2.22 0.75× 16.4% 0 — Financial Services
27 Zensar Technologies LimitedZENSARTECH 23,674 ₹11,375 14.9 2.41 0.22× 16.3% 3.13% — Technology
28 Lupin LimitedLUPIN 21,807 ₹87,891 15.9 3.92 0.41× 24.6% 0.93% — Healthcare
29 Edelweiss Financial Services LimitedEDELWEISS 18,747 ₹11,336 16.0 2.45 0.86× 15.3% 1.17% — Financial Services
30 Redington LimitedREDINGTON 19,923 ₹28,698 16.9 2.82 0.69× 16.7% 1.58% — Technology
31 Suzlon Energy LimitedSUZLON 20,486 ₹53,019 16.9 5.60 0.48× 39.4% 0 — Industrials
32 Force Motors LimitedFORCEMOT 22,644 ₹22,093 17.6 5.27 0.36× 30.4% 0.30% — Consumer Cyclical
33 Waaree Energies LimitedWAAREEENER 22,719 ₹68,173 17.9 4.72 0.50× 26.4% 0.16% — Technology
34 Engineers India LimitedENGINERSIN 21,875 ₹14,124 18.0 4.49 0.46× 25.0% 1.71% — Industrials
35 Jindal Stainless LimitedJSL 22,618 ₹58,471 18.0 2.95 0.51× 72.1% 0.56% — Basic Materials
36 Castrol India LimitedCASTROLIND 18,028 ₹19,523 18.4 10.23 0.51× 57.0% 6.42% — Energy
37 Patanjali Foods LimitedPATANJALI 24,133 ₹38,614 19.6 2.95 0.30× 15.0% 1.12% — Consumer Defensive
38 Godfrey Phillips India LimitedGODFRYPHLP 24,165 ₹26,938 19.7 4.34 0.25× 22.0% 2.76% — Consumer Defensive
39 IIFL Capital Services LimitedIIFLCAPS 20,646 ₹10,865 19.8 3.54 0.68× 17.6% 0.87% — Financial Services
40 Sundaram Finance LimitedSUNDARMFIN 18,270 ₹44,799 20.2 3.01 0.83× 15.0% 0.95% — Financial Services
41 Capri Global Capital LimitedCGCL 18,720 ₹22,819 20.3 3.17 0.78× 15.6% 0.08% ⚑ Financial Services
42 Lalithaa Jewellery Mart LimitedLALITHAA 20,970 ₹19,735 20.7 6.74 0.73× 29.1% 0 — Consumer Cyclical
43 LT Foods LimitedLTFOODS 22,262 ₹13,369 20.9 2.96 0.50× 35.9% 0.98% — Consumer Defensive
44 Bayer CropScience LimitedBAYERCROP 22,792 ₹15,503 21.2 5.23 0.48× 24.7% 4.30% — Basic Materials
45 Emami LimitedEMAMILTD 21,955 ₹16,193 22.0 5.54 0.24× 25.6% 2.71% — Consumer Defensive
46 BASF India LimitedBASF 23,643 ₹13,802 22.1 3.49 0.53× 15.8% 0.75% — Basic Materials
47 Pfizer LimitedPFIZER 23,123 ₹16,875 23.0 4.02 0.15× 17.5% 2.00% — Healthcare
48 Premier Energies LimitedPREMIERENE 19,121 ₹38,995 23.2 9.05 0.60× 38.9% 0.08% — Technology
49 Eris Lifesciences LimitedERIS 22,345 ₹15,555 23.9 3.99 0.47× 16.4% 1.29% — Healthcare
50 Ashok Leyland LimitedASHOKLEY 18,187 ₹85,775 24.7 6.02 0.82× 24.4% 2.41% — Industrials

Top 100

51 Mphasis LimitedMPHASIS 20,528 ₹47,708 25.0 4.44 0.40× 17.7% 2.48% — Technology
52 Oracle Financial Services Software LimitedOFSS 19,464 ₹85,734 25.2 10.95 0.21× 49.9% 3.81% — Technology
53 eClerx Services LimitedECLERX 20,673 ₹17,763 25.2 6.94 0.31× 27.7% 0.05% — Technology
54 KPIT Technologies LimitedKPITTECH 23,123 ₹14,639 25.3 4.13 0.51× 16.4% 1.57% — Technology
55 Usha Martin LimitedUSHAMART 21,069 ₹14,197 25.7 4.30 0.22× 16.7% 0.78% — Basic Materials
56 NBCC (India) LimitedNBCC 22,489 ₹19,035 25.7 6.31 0.80× 24.6% 1.26% — Industrials
57 Caplin Point Laboratories LimitedCAPLIPOINT 22,651 ₹17,095 25.8 4.77 0.10× 18.9% 0.33% — Healthcare
58 Marksans Pharma LimitedMARKSANS 21,215 ₹13,343 25.8 4.41 0.21× 17.1% 0.29% — Healthcare
59 Alivus Life Sciences LimitedALIVUS 22,367 ₹15,579 25.9 4.68 0.16× 18.1% 0.38% — Healthcare
60 International Gemological Institute LimitedIGIL 18,978 ₹15,263 25.9 10.83 0.20× 39.6% 1.65% — Basic Materials
61 Indian Railway Catering & Tourism Corporation LimitedIRCTC 21,195 ₹36,104 25.9 8.38 0.43× 32.3% 1.96% — Consumer Cyclical
62 Aditya Birla Sun Life AMC LimitedABSLAMC 22,018 ₹26,163 26.0 6.47 0.08× 24.9% 2.54% — Financial Services
63 Brigade Enterprises LimitedBRIGADE 21,969 ₹18,170 26.2 2.66 0.71× 101.8% 0.36% — Real Estate
64 Angel One LimitedANGELONE 19,607 ₹26,637 26.4 4.35 0.74× 16.4% 1.73% — Financial Services
65 BEML LimitedBEML 21,130 ₹15,889 26.7 5.42 0.58× 20.3% 0.93% — Industrials
66 AIA Engineering LimitedAIAENG 22,692 ₹33,911 26.8 4.23 0.06× 15.8% 0.43% — Industrials
67 Hexaware Technologies LimitedHEXT 22,495 ₹36,066 27.1 5.37 0.42× 21.5% 1.48% — Technology
68 Mazagon Dock Shipbuilders LimitedMAZDOCK 21,867 ₹77,541 27.1 7.95 0.64× 29.3% 0.90% — Industrials
69 Godrej Agrovet LimitedGODREJAGRO 20,426 ₹12,179 27.3 5.99 0.65× 22.0% 1.75% — Consumer Defensive
70 VA Tech Wabag LimitedWABAG 20,669 ₹11,078 27.5 4.31 0.58× 15.7% 0.25% — Industrials
71 Alkem Laboratories LimitedALKEM 21,424 ₹59,943 27.8 4.34 0.31× 15.6% 0.38% — Healthcare
72 HBL Engineering LimitedHBLENGINE 19,900 ₹21,744 27.9 9.82 0.25× 35.0% 0.42% — Industrials
73 Supreme Petrochem LimitedSPLPETRO 21,449 ₹13,900 27.9 5.85 0.32× 21.0% 1.42% — Basic Materials
74 Procter & Gamble Hygiene and Health Care LimitedPGHH 11,706 ₹22,073 27.9 29.30 0.58× 105.0% 3.31% — Consumer Defensive
75 Welspun Corp LimitedWELCORP 19,977 ₹64,454 27.9 7.04 0.54× 25.2% 0.18% — Basic Materials
76 Garden Reach Shipbuilders & Engineers LimitedGRSE 21,743 ₹22,404 28.0 8.53 0.75× 30.5% 0.96% — Industrials
77 CCL Products (India) LimitedCCL 20,880 ₹12,371 28.6 5.28 0.46× 18.4% 0.55% — Consumer Defensive
78 Action Construction Equipment LimitedACE 21,313 ₹12,538 28.7 6.23 0.38× 21.7% 0.17% — Industrials
79 Nuvama Wealth Management LimitedNUVAMA 17,529 ₹30,804 28.8 7.48 0.88× 25.6% 1.59% — Financial Services
80 Minda Corporation LimitedMINDACORP 21,297 ₹14,426 29.3 5.46 0.52× 18.7% 0.25% — Consumer Cyclical
81 Atlanta Electricals LimitedATLANTAELE 18,497 ₹12,984 29.3 13.97 0.38× 47.6% 0 — Industrials
82 Tenneco Clean Air India LimitedTENNIND 17,902 ₹18,174 30.2 15.18 0.53× 50.1% 0 — Consumer Cyclical
83 Motilal Oswal Financial Services LimitedMOTILALOFS 20,242 ₹58,910 30.3 4.57 0.70× 15.1% 0.59% — Financial Services
84 Vedant Fashions LimitedMANYAVAR 22,195 ₹11,907 30.9 6.06 0.31× 19.6% 1.55% — Consumer Cyclical
85 L&T Technology Services LimitedLTTS 21,395 ₹41,954 31.0 6.48 0.38× 20.9% 1.56% — Technology
86 SBI Funds Management LimitedSBIFUNDS 17,644 ₹96,077 31.3 16.11 0.07× 51.4% 0 — Financial Services
87 Voltamp Transformers LimitedVOLTAMP 20,493 ₹10,063 31.7 5.62 0.11× 17.7% 0.96% — Industrials
88 Sumitomo Chemical India LimitedSUMICHEM 22,983 ₹18,493 31.9 5.46 0.24× 17.1% 0.33% — Basic Materials
89 SRF LimitedSRF 21,516 ₹69,080 32.0 4.92 0.42× 15.4% 0.40% — Industrials
90 Travel Food Services LimitedTRAVELFOOD 20,024 ₹15,254 32.1 10.57 0.36× 32.9% 0.85% — Consumer Cyclical
91 Cemindia Projects LimitedCEMPRO 20,802 ₹19,453 32.3 8.11 0.66× 25.1% 0.27% — Industrials
92 HDFC Asset Management Company LimitedHDFCAMC 18,857 ₹97,536 32.8 10.57 0.08× 36.4% 2.30% — Financial Services
93 Himadri Speciality Chemical LimitedHSCL 21,912 ₹26,384 32.8 5.61 0.24× 17.1% 0.12% — Basic Materials
94 V-Guard Industries LimitedVGUARD 21,969 ₹11,907 32.9 5.02 0.36× 15.3% 0.52% — Industrials
95 Dabur India LimitedDABUR 22,203 ₹65,281 33.2 5.72 0.32× 17.2% 2.13% — Consumer Defensive
96 Abbott India LimitedABBOTINDIA 19,150 ₹53,888 33.4 11.29 0.27× 33.8% 2.02% — Healthcare
97 Emcure Pharmaceuticals LimitedEMCURE 21,115 ₹33,817 33.4 6.83 0.48× 20.4% 0.20% — Healthcare
98 Computer Age Management Services LimitedCAMS 15,644 ₹16,660 33.7 12.61 0.27× 37.3% 1.90% — Technology
99 Kajaria Ceramics LimitedKAJARIACER 20,281 ₹18,222 33.8 5.94 0.22× 17.8% 0.99% — Industrials
100 Dixon Technologies (India) LimitedDIXON 15,822 ₹70,493 33.9 15.07 0.72× 38.1% 0.08% — Technology

High ROE + low PE in other groups · India

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Questions

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

The first five on PositoAI's list are REC Limited (5.0), Chennai Petroleum Corporation Limited (5.2), The Great Eastern Shipping Company Limited (5.8), Housing and Urban Development Corporation Limited (7.1), The Shipping Corporation of India Limited (7.2).

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

201 of the 457 meso cap 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.

What is a Meso Cap stock?

Meso Cap is one of PosiCap, PositoAI's own size classes: companies with a market value ₹10,000 Cr to ₹1 lakh Cr (about $1.1B to $10.6B). It is not the SEBI or index definition.

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.