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Top 10 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, 438 are profit-making. First on the list is ZF Commercial Vehicle Control Systems India Limited (2.3). The median among them is 35.55. 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 ZF Commercial Vehicle Control Systems India LimitedZFCVINDIA 21,555 ₹24,399 2.3 6.61 0.17× 293.8% 0.19% — Consumer Cyclical
2 LIC Housing Finance LimitedLICHSGFIN 16,850 ₹27,613 4.8 0.67 0.87× 13.8% 1.81% — Financial Services
3 REC LimitedRECLTD 17,682 ₹79,286 5.0 0.93 0.87× 19.0% 4.53% — Financial Services
4 Chennai Petroleum Corporation LimitedCHENNPETRO 23,202 ₹21,647 5.2 1.95 0.45× 37.6% 4.17% — Energy
5 Bank of IndiaBANKINDIA 23,586 ₹62,007 5.3 0.68 0.92× 13.7% 3.46% — Financial Services
6 The Great Eastern Shipping Company LimitedGESHIP 22,281 ₹21,349 5.8 1.26 0.13× 22.0% 3.76% — Industrials
7 Central Bank of IndiaCENTRALBK 24,765 ₹27,163 6.0 0.66 0.93× 11.6% 3.32% — Financial Services
8 General Insurance Corporation of IndiaGICRE 24,887 ₹56,079 6.3 0.76 0.66× 9.1% 4.24% — Financial Services
9 Jammu and Kashmir Bank LimitedJ&KBANK 24,380 ₹14,874 6.5 0.87 0.91× 14.6% 0 — Financial Services
10 Housing and Urban Development Corporation LimitedHUDCO 18,770 ₹30,382 7.1 1.38 0.87× 19.4% 3.76% — Financial Services

Top 20

11 The Shipping Corporation of India LimitedSCI 24,188 ₹11,731 7.2 1.29 0.32× 17.8% 2.71% — Industrials
12 Chambal Fertilisers and Chemicals LimitedCHAMBLFERT 23,881 ₹14,990 7.8 1.44 0.28× 18.5% 3.21% — Basic Materials
13 Bank of MaharashtraMAHABANK 22,815 ₹60,363 8.0 1.82 0.92× 23.0% 2.65% — Financial Services
14 NMDC LimitedNMDC 23,814 ₹60,558 8.1 1.78 0.29× 21.9% 2.79% — Basic Materials
15 The Karnataka Bank LimitedKTKBANK 20,942 ₹11,865 8.3 0.90 0.90× 10.8% 1.52% — Financial Services
16 National Aluminium Company LimitedNATIONALUM 23,226 ₹57,100 8.5 2.64 0.19× 31.2% 1.27% — Basic Materials
17 Muthoot Finance LimitedMUTHOOTFIN 20,886 ₹96,954 8.5 2.39 0.80× 31.7% 1.14% — Financial Services
18 Oil India LimitedOIL 22,727 ₹74,319 8.9 1.28 0.48× 14.4% 2.93% — Energy
19 IDBI Bank LimitedIDBI 25,464 ₹85,804 9.2 1.21 0.84× 13.9% 0 — Financial Services
20 Tamilnad Mercantile Bank LimitedTMB 20,883 ₹13,321 9.2 1.26 0.87× 14.5% 1.47% — Financial Services

Top 50

21 Mangalore Refinery and Petrochemicals LimitedMRPL 23,521 ₹29,082 9.3 2.05 0.68× 22.1% 2.32% — Energy
22 Cholamandalam Financial Holdings LimitedCHOLAHLDNG 17,628 ₹24,715 9.3 1.60 0.87× 17.3% 0.09% — Financial Services
23 Signatureglobal (India) LimitedSIGNATURE 21,358 ₹10,034 9.6 5.43 0.89× 56.4% 0 — Real Estate
24 The South Indian Bank LimitedSOUTHBANK 20,117 ₹14,603 9.7 1.24 0.92× 13.6% 0.94% — Financial Services
25 Gujarat Energy LimitedGUJENERGY 24,363 ₹20,465 9.8 1.11 0.32× 11.4% 3.98% — Utilities
26 Indian Overseas BankIOB 23,983 ₹57,500 9.8 1.48 0.92× 16.5% 0 — Financial Services
27 Vedanta LimitedVEDL 25,098 ₹91,704 9.9 2.25 0.71× 18.7% 10.23% — Basic Materials
28 NLC India LimitedNLCINDIA 23,902 ₹32,384 9.9 1.50 0.61× 15.2% 1.58% — Utilities
29 UCO BankUCOBANK 25,365 ₹28,276 10.1 0.83 0.92× 8.5% 1.89% — Financial Services
30 JM Financial LimitedJMFINANCIL 23,590 ₹10,619 10.2 1.00 0.57× 9.8% 1.49% — Financial Services
31 Aptus Value Housing Finance India LimitedAPTUS 21,257 ₹10,107 10.3 2.00 0.61× 19.4% 2.32% — Financial Services
32 Petronet LNG LimitedPETRONET 22,459 ₹43,560 10.3 1.95 0.19× 18.9% 3.43% — Energy
33 Punjab & Sind BankPSB 25,128 ₹14,439 10.4 0.99 0.92× 9.8% 1.86% — Financial Services
34 DCM Shriram LimitedDCMSHRIRAM 23,761 ₹15,344 10.8 1.99 0.45× 19.0% 1.67% — Industrials
35 CESC LimitedCESC 22,565 ₹17,227 11.1 1.37 0.72× 12.4% 4.50% — Utilities
36 TVS Holdings LimitedTVSHLTD 20,864 ₹22,728 11.5 3.52 0.80× 30.5% 0.77% — Consumer Cyclical
37 IIFL Finance LimitedIIFL 17,613 ₹24,152 11.6 1.74 0.82× 15.0% 0.67% — Financial Services
38 ACC LimitedACC 24,706 ₹22,288 11.7 1.08 0.25× 9.3% 0.66% — Basic Materials
39 Mahindra & Mahindra Financial Services LimitedM&MFIN 19,573 ₹39,965 12.3 1.50 0.83× 12.2% 2.46% — Financial Services
40 NATCO Pharma LimitedNATCOPHARM 23,872 ₹14,446 12.4 1.57 0.17× 12.3% 0.75% — Healthcare
41 The Karur Vysya Bank LimitedKARURVYSYA 20,109 ₹34,418 12.5 2.44 0.90× 19.5% 0.76% — Financial Services
42 Five-Star Business Finance LimitedFIVESTAR 21,127 ₹13,927 12.6 1.89 0.53× 14.9% 0.40% — Financial Services
43 PNB Housing Finance LimitedPNBHOUSING 18,811 ₹29,692 12.8 1.54 0.79× 12.0% 0.69% — Financial Services
44 Emmvee Photovoltaic Power LimitedEMMVEE 23,406 ₹17,242 13.3 4.67 0.36× 35.0% 0.33% — Technology
45 Paradeep Phosphates LimitedPARADEEP 22,400 ₹14,367 13.4 2.12 0.62× 15.8% 1.02% — Basic Materials
46 Yes Bank LimitedYESBANK 21,114 ₹50,380 13.5 0.96 0.89× 7.5% 0 — Financial Services
47 Ujjivan Small Finance Bank LimitedUJJIVANSFB 20,542 ₹12,106 13.5 1.78 0.88× 13.1% 0 — Financial Services
48 Amara Raja Energy & Mobility LimitedARE&M 23,031 ₹12,833 13.9 1.58 0.29× 11.4% 1.47% — Industrials
49 Sarda Energy & Minerals LimitedSARDAEN 23,814 ₹16,077 14.2 2.18 0.34× 15.3% 0.42% — Basic Materials
50 Mahanagar Gas LimitedMGL 22,521 ₹10,216 14.3 1.59 0.28× 11.1% 3.45% — Utilities

Top 100

51 HDB Financial Services LimitedHDBFS 20,011 ₹42,255 14.3 2.04 0.83× 14.3% 0.79% — Financial Services
52 CreditAccess Grameen LimitedCREDITACC 21,162 ₹17,446 14.5 2.22 0.75× 16.4% 0 — Financial Services
53 Gujarat Mineral Development Corporation LimitedGMDCLTD 25,105 ₹13,833 14.5 1.96 0.21× 13.5% 2.06% — Energy
54 Indian Renewable Energy Development Agency LimitedIREDA 18,881 ₹28,825 14.6 2.09 0.85× 14.3% 1.44% — Financial Services
55 Apollo Tyres LimitedAPOLLOTYRE 22,699 ₹25,227 14.8 1.51 0.43× 10.2% 1.50% ⚑ Consumer Cyclical
56 Zensar Technologies LimitedZENSARTECH 23,674 ₹11,375 14.9 2.41 0.22× 16.3% 3.13% — Technology
57 Deepak Fertilisers And Petrochemicals Corporation LimitedDEEPAKFERT 22,457 ₹14,880 15.1 2.17 0.55× 14.4% 0.72% — Basic Materials
58 Indraprastha Gas LimitedIGL 23,729 ₹19,601 15.4 1.70 0.32× 11.1% 2.05% — Utilities
59 CIE Automotive India LimitedCIEINDIA 24,187 ₹13,833 15.4 1.79 0.32× 12.2% 1.86% — Consumer Cyclical
60 Sun TV Network LimitedSUNTV 23,587 ₹23,656 15.5 1.87 0.09× 12.1% 3.15% — Communication Services
61 Godawari Power & Ispat LimitedGPIL 24,200 ₹12,990 15.7 2.24 0.20× 13.5% 0.48% — Basic Materials
62 Lupin LimitedLUPIN 21,807 ₹87,891 15.9 3.92 0.41× 24.6% 0.93% — Healthcare
63 City Union Bank LimitedCUB 19,920 ₹22,418 16.0 2.12 0.89× 13.2% 0.86% — Financial Services
64 Edelweiss Financial Services LimitedEDELWEISS 18,747 ₹11,336 16.0 2.45 0.86× 15.3% 1.17% — Financial Services
65 Steel Authority of India LimitedSAIL 23,426 ₹70,115 16.4 1.16 0.56× 7.1% 1.37% — Basic Materials
66 Redington LimitedREDINGTON 19,923 ₹28,698 16.9 2.82 0.69× 16.7% 1.58% — Technology
67 Vardhman Textiles LimitedVTL 24,062 ₹14,560 16.9 1.38 0.24× 8.1% 0.96% — Consumer Cyclical
68 Suzlon Energy LimitedSUZLON 20,486 ₹53,019 16.9 5.60 0.48× 39.4% 0 — Industrials
69 IRB InvIT FundIRBINVIT 75 ₹10,273 17.6 — 0.64× — — — —
70 Force Motors LimitedFORCEMOT 22,644 ₹22,093 17.6 5.27 0.36× 30.4% 0.30% — Consumer Cyclical
71 Aadhar Housing Finance LimitedAADHARHFC 20,593 ₹20,135 17.8 2.67 0.72× 14.9% 0 — Financial Services
72 Waaree Energies LimitedWAAREEENER 22,719 ₹68,173 17.9 4.72 0.50× 26.4% 0.16% — Technology
73 Engineers India LimitedENGINERSIN 21,875 ₹14,124 18.0 4.49 0.46× 25.0% 1.71% — Industrials
74 Jindal Stainless LimitedJSL 22,618 ₹58,471 18.0 2.95 0.51× 72.1% 0.56% — Basic Materials
75 Castrol India LimitedCASTROLIND 18,028 ₹19,523 18.4 10.23 0.51× 57.0% 6.42% — Energy
76 Home First Finance Company India LimitedHOMEFIRST 18,720 ₹10,679 18.5 2.45 0.71× 13.2% 0.49% — Financial Services
77 Manappuram Finance LimitedMANAPPURAM 19,206 ₹28,358 18.6 1.77 0.78× 9.5% 1.27% — Financial Services
78 The Federal Bank LimitedFEDERALBNK 19,461 ₹85,920 18.6 2.15 0.90× 11.5% 0.36% — Financial Services
79 Nava LimitedNAVA 23,590 ₹14,148 18.7 1.62 0.25× 8.7% 1.55% — Industrials
80 Bandhan Bank LimitedBANDHANBNK 22,836 ₹25,527 18.9 1.00 0.88× 5.3% 0.96% — Financial Services
81 NHPC LimitedNHPC 22,282 ₹72,705 19.1 1.75 0.60× 9.2% 2.21% — Utilities
82 L&T Finance LimitedLTF 19,986 ₹61,181 19.3 2.19 0.80× 11.3% 1.05% — Financial Services
83 Kalpataru Projects International LimitedKPIL 21,063 ₹22,248 19.6 2.86 0.72× 14.6% 0.82% — Industrials
84 Patanjali Foods LimitedPATANJALI 24,133 ₹38,614 19.6 2.95 0.30× 15.0% 1.12% — Consumer Defensive
85 Godfrey Phillips India LimitedGODFRYPHLP 24,165 ₹26,938 19.7 4.34 0.25× 22.0% 2.76% — Consumer Defensive
86 IIFL Capital Services LimitedIIFLCAPS 20,646 ₹10,865 19.8 3.54 0.68× 17.6% 0.87% — Financial Services
87 AWL Agri Business LimitedAWL 23,892 ₹23,060 20.0 2.21 0.58× 11.1% 0.55% — Consumer Defensive
88 JSW Cement LimitedJSWCEMENT 22,996 ₹15,487 20.2 2.36 0.55× 11.7% 0.44% — Basic Materials
89 Sundaram Finance LimitedSUNDARMFIN 18,270 ₹44,799 20.2 3.01 0.83× 15.0% 0.95% — Financial Services
90 Capri Global Capital LimitedCGCL 18,720 ₹22,819 20.3 3.17 0.78× 15.6% 0.08% ⚑ Financial Services
91 Ambuja Cements LimitedAMBUJACEM 24,818 ₹90,198 20.6 1.52 0.20× 7.4% 0.57% — Basic Materials
92 Lalithaa Jewellery Mart LimitedLALITHAA 20,970 ₹19,735 20.7 6.74 0.73× 29.1% 0 — Consumer Cyclical
93 Authum Investment & Infrastructure LimitedAIIL 23,223 ₹43,803 20.8 2.97 0.23× 14.3% 0 — Financial Services
94 MRF LimitedMRF 22,103 ₹50,410 20.9 2.40 0.34× 11.5% 0.19% — Consumer Cyclical
95 LT Foods LimitedLTFOODS 22,262 ₹13,369 20.9 2.96 0.50× 35.9% 0.98% — Consumer Defensive
96 Escorts Kubota LimitedESCORTS 24,209 ₹29,013 21.0 2.34 0.22× 11.4% 1.22% — Industrials
97 Bayer CropScience LimitedBAYERCROP 22,792 ₹15,503 21.2 5.23 0.48× 24.7% 4.30% — Basic Materials
98 IRB Infrastructure Developers LimitedIRB 22,266 ₹20,278 21.3 0.97 0.61× 4.5% 1.14% — Industrials
99 UPL LimitedUPL 22,958 ₹43,398 21.3 1.25 0.57× 5.9% 1.23% — Basic Materials
100 Sagility LimitedSAGILITY 22,881 ₹21,248 21.4 2.20 0.23× 10.1% 0.45% — Healthcare

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

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Questions

Which meso cap companies in India have the lowest P/E?

The first five on PositoAI's list are ZF Commercial Vehicle Control Systems India Limited (2.3), LIC Housing Finance Limited (4.8), REC Limited (5.0), Chennai Petroleum Corporation Limited (5.2), Bank of India (5.3).

How many meso cap companies in India are profit-making?

438 of the 457 meso cap 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.

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 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.