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 | ₹703 | 0.00 | 13.6% | 7.0% | 10,82,121 |
| ICICI BANK LTD.ICICIBANK | ₹1,399.4 | 0.00 | 15.9% | 7.2% | 10,01,970 |
| STATE BANK OF INDIASBIN | ₹1,008 | 0.00 | 15.4% | 6.1% | 9,30,476 |
| LIFE INSURA CORP OF INDIALICI | ₹410.75 | 0.00 | 37.8% | 35.1% | 5,25,291 |
| HINDUSTAN UNILEVER LTD.HINDUNILVR | ₹1,980 | 0.03 | 31.0% | 28.4% | 4,65,234 |
| INFOSYS LIMITEDINFY | ₹1,082 | 0.05 | 31.9% | 40.0% | 4,49,392 |
| KOTAK MAHINDRA BANK LTDKOTAKBANK | ₹419.25 | 0.00 | 11.4% | 7.0% | 4,22,626 |
| MARUTI SUZUKI INDIA LTD.MARUTI | ₹12,641 | 0.00 | 14.3% | 18.9% | 3,97,434 |
| AXIS BANK LIMITEDAXISBANK | ₹1,244.9 | 0.00 | 13.1% | 6.2% | 3,86,917 |
| HCL TECHNOLOGIES LTDHCLTECH | ₹1,277 | 0.04 | 23.8% | 30.4% | 3,46,542 |
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.