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, %)
BHARAT BHUSAN	34.1	115	69.1	0.5	NM
BLUE CHIP(I)	3.5	196	NM	10.4	NM
BMB MUSIC & MAGNETICS	2.6	16	43.4	0.7	NM
BERVIN INV.	42.3	249	NM	0.8	NM
BNR UDYOG	69.7	209	4.3	1.9	NM
BANSISONS TEA	4.0	25	NM	0.4	NM
BOMBAY WIRE ROPES	56.1	300	NM	4.0	NM
B. P. CAPITAL	5.1	31	NM	0.7	NM
BAMPSL SECURITIES	9.1	309	78.2	0.8	NM
BRAWN BIOTECH	21.5	64	NM	1.1	NM
BHILWARA TECHNICAL TEX.	38.6	2,254	192.1	1.4	NM
CAREWELL INDUST.	15.9	113	NM	1.3	NM
MEGLON INFRA	2.3	11	NM	0.8	NM
CANOPY FINANCE	84.2	892	169.2	7.4	NM
CUBICAL FINANCIAL	1.6	102	42.0	0.7	NM
BRIDGE SECUR	23.6	79	NM	11.2	NM
BSEL INFRASTRUCTURE	10.0	828	2.9	0.2	NM
DEVINE IMPEX	7.5	71	120.5	0.6	23.3%
CHANDNI MACHINES	63.1	204	9.9	2.1	187.2%
CHAMBAL BREW	8.7	65	NM	1.9	NM
CHEMO PHARMA	84.0	126	9.4	0.9	NM
CONSECUTIVE INVEST.	39.6	119	81.1	2.5	NM
CIL SECURITIES	53.5	268	10.5	0.9	457.6%
TERRASCOPE VENTURES	1.9	32	5.3	0.2	NM
CINERAD COMM	70.7	1,354	NM	8.8	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.