Debt Free Penny Stocks in India

Debt-free penny stocks are those that have little or no debt and are trading at a low price. Companies with zero debt usually have strong cash flows and thus have considerable flexibility in how they use the cash in their business.

Here's a list of debt free penny stocks in India.

Company	CMP (Rs)	MCap (Rs m)	P/E (x)	P/BV (x)	Profit CAGR (3 yrs, %)
PARLE SOFTWARE	16.7	234	7,802.7	1.0	NM
SAHARA INDIA MEDIA	15.7	337	NM	0.2	NM
GOLKONDA ALUMINIUM EXTRUSIONS	13.1	69	4.8	0.9	NM
PEETI SECURITIES	23.4	88	29.2	0.8	45.7%
PRITI INT	65.8	879	8.4	3.4	48.7%
PHARMAIDS PH	53.3	1,881	NM	2.6	NM
PIONEER AGRO	9.3	40	39.2	1.3	NM
PULSAR INTERNATIONAL	11.4	742	32.4	7.2	NM
POLARIS CONSULTING	4.9	505	0.2	3.7	32.8%
PALSOFT INFOSYS.	5.4	16	NM	NM	NM
PADAM COTTON	35.9	139	7.9	2.0	NM
PENTOKEY ORG	54.2	340	33.3	3.8	NM
PEOPLES INVESTMENTS	70.4	14	93.8	28.6	NM
PARAS PETROFILS	3.4	1,146	202.5	5.4	NM
PRESSURE SEN	7.8	1,151	0.8	0.7	NM
PROGREX VENTURES	17.3	62	NM	0.8	NM
WELLWORTH OVER	1.1	705	71.0	1.3	NM
PREM SOMANI	20.0	66	NM	10.7	NM
PRANAV. SPINN	17.3	333	20.9	1.3	NM
3P LAND HOLDINGS	30.3	545	31.7	0.6	NM
PUNJAB COMM	50.9	612	NM	4.4	NM
PUROHIT CONST.	12.5	55	NM	2.6	NM
QUEST FINANCIAL SERVICES	0.5	55	NM	NM	NM
RAVILEELA FI	33.9	393	16.9	2.0	38.0%
RUBFILA INT.	73.9	4,009	16.6	1.5	16.1%

* We show NM where the values are negative

Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.