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) | D/E (Curr FY, x) | Total Debt (Curr FY, Rs m) | MCap (Rs m) | P/E (x) | P/BV (x) | Profit CAGR (3 yrs, %) |
|---|---|---|---|---|---|---|---|
| VEERHEALTH CARE | 18.6 | 0.0 | 0 | 372 | 651.9 | 1.7 | 2.3% |
| RUBFILA INT. | 74.5 | 0.0 | 0 | 4,045 | 17.5 | 1.5 | NM |
| U.H.ZAVERI | 15.8 | 0.0 | 0 | 161 | 90.3 | 0.8 | 194.7% |
| OCTAL CREDIT | 35.1 | 0.0 | 0 | 175 | 115.4 | 0.9 | 102.9% |
| DARSHAN ORNA | 4.7 | 0.0 | 0 | 236 | 12.2 | 1.2 | 74.0% |
| GEETANJALI CREDIT | 4.4 | 0.0 | 0 | 19 | 967.8 | 0.6 | NM |
| ACE EDUTREND | 4.0 | 0.0 | 0 | 37 | NM | 0.4 | NM |
| ACHYUT HEALTHCARE | 64.8 | 0.0 | 0 | 1,090 | NM | 3.5 | 277.9% |
| SKYLINE MILLARS | 18.4 | 0.0 | 0 | 741 | NM | 3.0 | NM |
| ASHIRWAD CAP | 4.8 | 0.0 | 0 | 435 | 26.5 | 2.0 | 39.1% |
| ACCORD SYNERGY | 31.5 | 0.0 | 0 | 109 | NM | 0.7 | NM |
| ADCON CAPITAL SERVICES LIMITED | 1.1 | 0.0 | 0 | 222 | 13.3 | 1.0 | 97.2% |
| ADDI IND. | 40.5 | 0.0 | 0 | 437 | 9.4 | 0.6 | 58.2% |
| ADHINATH TEX. | 29.1 | 0.0 | 0 | 146 | 29.7 | 13.5 | 13.9% |
| INDIFRA LTD. | 31.5 | 0.0 | 0 | 229 | NM | 1.3 | NM |
| ABIRAMI FINANCIAL | 55.0 | 0.0 | 0 | 297 | 19.4 | 1.5 | NM |
| AGARWAL HOLDINGS | 1.2 | 0.0 | 0 | 58 | NM | 0.6 | NM |
| ARMAN HOLDINGS | 66.1 | 0.0 | 0 | 344 | NM | 5.7 | 141.2% |
| AMALGAMATED ELECTRICITY | 81.0 | 0.0 | 0 | 225 | NM | NM | NM |
| ACE MEN ENG | 74.6 | 0.0 | 0 | 231 | 344.8 | 6.0 | NM |
| AMRADEEP INDUS. | 1.0 | 0.0 | 0 | 63 | NM | 1.2 | NM |
| ANNA FINANCE | 28.0 | 0.0 | 0 | 106 | 112.0 | 1.0 | 27.2% |
| ANUBHAV INFRA | 17.0 | 0.0 | 0 | 875 | 92.5 | 0.8 | NM |
| BLS INFOTECH | 1.6 | 0.0 | 0 | 713 | 5,945.4 | 1.8 | 58.7% |
| APPLE FINANCE | 7.0 | 0.0 | 0 | 390 | 113.1 | 0.6 | NM |
* 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.
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