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, %) |
|---|---|---|---|---|---|---|---|
| ADCON CAPITAL SERVICES LIMITED | 0.5 | 0.0 | 0 | 99 | NM | 0.5 | 74.1% |
| ADDI IND. | 96.0 | 0.0 | 0 | 1,036 | 43.9 | 1.3 | NM |
| ADHINATH TEX. | 20.9 | 0.0 | 0 | 105 | 238.5 | 10.1 | NM |
| ADTECH SYSTEMS LTD. | 59.2 | 0.0 | 0 | 705 | 20.6 | 1.4 | 39.6% |
| AGARWAL HOLDINGS | 1.1 | 0.0 | 0 | 52 | 158.5 | 0.6 | NM |
| AANCHAL ISPAT | 61.6 | 0.0 | 0 | 347 | 8.6 | 2.1 | NM |
| AJANTA SOYA | 22.0 | 0.0 | 0 | 1,767 | 21.1 | 1.1 | NM |
| INDAG RUBBER | 86.0 | 0.0 | 0 | 2,258 | 28.0 | 1.0 | 27.4% |
| AMALGAMATED ELECTRICITY | 85.4 | 0.0 | 0 | 237 | NM | NM | NM |
| AMANAYA VENTURES | 19.0 | 0.0 | 0 | 71 | NM | 1.3 | 58.5% |
| ACE MEN ENG | 97.2 | 0.0 | 0 | 1,255 | 769.8 | 1.9 | NM |
| AMRAPALI FINCAP | 21.7 | 0.0 | 0 | 292 | NM | 0.2 | NM |
| AMRADEEP INDUS. | 0.7 | 0.0 | 0 | 45 | 204.2 | 0.8 | NM |
| AMWILL HEALTH CARE LTD. | 41.0 | 0.0 | 0 | 820 | NM | 1.0 | 61.0% |
| SYSCHEM (I). | 42.9 | 0.0 | 0 | 2,104 | 22.2 | 1.7 | NM |
| ANUBHAV INFRA | 9.0 | 0.0 | 0 | 463 | 124.1 | 0.4 | NM |
| APPLE FINANCE | 4.0 | 0.0 | 0 | 221 | 11.7 | 0.3 | NM |
| ARIHANT SEC. | 20.4 | 0.0 | 0 | 102 | 43.9 | 0.3 | NM |
| ARYAN SHARES AND STOCK BROKERS | 20.9 | 0.0 | 0 | 63 | 3.5 | 0.4 | NM |
| DELTA CORP | 65.5 | 0.0 | 0 | 17,542 | 20.8 | 0.8 | 67.3% |
| ASHIANA AGRO | 9.0 | 0.0 | 0 | 41 | 80.9 | 1.6 | 27.5% |
| ASHIRWAD STL | 24.0 | 0.0 | 0 | 300 | 14.9 | 0.4 | NM |
| AVI POLYMERS | 17.6 | 0.0 | 0 | 1,655 | 8.5 | 1.4 | 19.3% |
| JMD TELEFILMS | 5.2 | 0.0 | 0 | 150 | 47.8 | 0.4 | 111.0% |
| CAPRICORN SYS | 11.6 | 0.0 | 0 | 325 | 364.9 | 1.2 | 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.