Debt-Free Stocks
Companies with virtually no borrowings — the most resilient balance sheets.
Criteria: Debt-to-equity < 0.1, market cap > ₹500 Cr, ranked by market cap.
10 stocks match · NSE & BSE data
| Company | Price | D/E | ROE | ROCE | Mkt Cap (Cr) |
|---|---|---|---|---|---|
| HDFC BANK LTDHDFCBANK | ₹728.85 | 0.00 | 13.6% | 7.0% | 11,23,784 |
| ICICI BANK LTD.ICICIBANK | ₹1,397 | 0.00 | 15.9% | 7.2% | 10,02,910 |
| TATA CONSULTANCY SERV LTTCS | ₹2,465 | 0.10 | 45.9% | 56.3% | 8,91,859 |
| STATE BANK OF INDIASBIN | ₹962.6 | 0.00 | 15.4% | 6.1% | 8,88,554 |
| LIFE INSURA CORP OF INDIALICI | ₹397.75 | 0.00 | 37.8% | 35.1% | 5,03,154 |
| INFOSYS LIMITEDINFY | ₹1,161.2 | 0.10 | 31.9% | 40.0% | 4,71,247 |
| KOTAK MAHINDRA BANK LTDKOTAKBANK | ₹447.4 | 0.00 | 11.4% | 7.0% | 4,45,068 |
| HINDUSTAN UNILEVER LTD.HINDUNILVR | ₹1,893.8 | 0.03 | 31.0% | 28.4% | 4,44,966 |
| SUN PHARMACEUTICAL IND LSUNPHARMA | ₹1,758.8 | 0.06 | 16.0% | 20.5% | 4,21,995 |
| AXIS BANK LIMITEDAXISBANK | ₹1,290 | 0.00 | 13.1% | 6.2% | 4,01,677 |
About this screen
Debt-free companies don’t owe interest, can’t be squeezed by rising rates, and rarely face solvency risk in a downturn. They tend to survive crises and emerge stronger. This screen finds businesses with a debt-to-equity ratio near zero.
What to watch out for
Zero debt isn’t always optimal — cheap debt can boost returns. But for conservative investors, a clean balance sheet is a powerful margin of safety.
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All stock screens →Screens are a research starting point, not a buy recommendation. Data from NSE & BSE feeds; for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.