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	11.6	163	5,422.7	0.8	NM
SAHARA INDIA MEDIA	15.7	337	NM	0.2	NM
GOLKONDA ALUMINIUM EXTRUSIONS	17.8	94	6.5	1.2	NM
PEETI SECURITIES	22.9	86	28.5	0.8	45.7%
PRITI INT	65.8	879	8.4	3.3	48.7%
PHARMAIDS PH	60.8	2,145	NM	3.0	NM
PH TRADING	1.9	1	NM	0.0	NM
PIONEER AGRO	9.3	40	39.2	1.3	NM
PULSAR INTERNATIONAL	10.8	704	30.7	6.8	NM
POLARIS CONSULTING	4.9	505	0.2	3.7	32.8%
PALSOFT INFOSYS.	5.4	16	NM	NM	NM
PADAM COTTON	32.1	124	7.1	1.8	NM
PENTOKEY ORG	41.5	260	29.9	2.8	NM
PARAS PETROFILS	3.3	1,106	195.5	5.1	NM
PRESSURE SEN	7.7	1,148	0.8	0.7	NM
PROGREX VENTURES	17.3	62	NM	0.8	NM
WELLWORTH OVER	1.1	731	73.7	1.3	NM
PREM SOMANI	23.5	78	NM	12.9	NM
PRANAV. SPINN	17.3	333	20.9	1.3	NM
3P LAND HOLDINGS	30.6	551	30.5	1.3	NM
PUNJAB COMM	50.1	602	NM	4.4	NM
QUEST FINANCIAL SERVICES	0.5	55	NM	NM	NM
PUROHIT CONST.	11.3	50	NM	2.4	NM
RAVILEELA FI	32.5	377	16.2	1.9	38.0%
RUBFILA INT.	73.3	3,978	16.4	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.