The table below shows Debt Free Stocks Under 200 Rs – Debt Free Stocks based on the Highest Market Capitalization & 1Y Return.
Name | Market Cap (₹ Cr) | Close Price (₹) | 1Y Return (%) |
New India Assurance Company Ltd | 31,417.47 | 186.28 | -17.94 |
LS Industries Ltd | 5,644.64 | 69.8 | 195.51 |
Bhansali Engineering Polymers Ltd | 3,138.11 | 122.38 | 13.74 |
Jai Corp Ltd | 2,679.08 | 145.05 | -60.09 |
Eraaya Lifespaces Ltd | 2,604.69 | 144.45 | 807.35 |
Blue Cloud Softech Solutions Ltd | 1,937.09 | 42.18 | 36.13 |
Vantage Knowledge Academy Ltd | 1,815.51 | 167.45 | 1,007.47 |
Uniphos Enterprises Ltd | 1,078.31 | 153.29 | -0.65 |
Kothari Petrochemicals Ltd | 1,052.35 | 176.78 | 15.66 |
Inertia Steel Ltd | 1,015.80 | 84.85 | 481.16 |
Table of Contents
Introduction to List Of Debt-Free Stocks Under 200 Rs
New India Assurance Company Ltd
New India Assurance is a leading public-sector general insurance company, providing various insurance products across sectors. It has a strong presence in the Indian insurance market and serves customers through a vast network.
• Market Cap: ₹31,417.47 Cr
• Current Share Price: ₹186.28
• Returns: 1Y (-17.94%), 1M (-7.23%), 6M (-31.22%)
• 5Y Average Net Profit Margin: 3.05%
• Dividend Yield: 1.01%
• 5Y CAGR: 3.20%
LS Industries Ltd
LS Industries manufactures and distributes industrial equipment, focusing on offering innovative solutions to various sectors. Despite recent volatility in stock performance, the company holds potential for significant recovery due to its market positioning.
• Market Cap: ₹5,644.64 Cr
• Current Share Price: ₹69.80
• Returns: 1Y (195.51%), 1M (-51.41%), 6M (195.51%)
• 5Y Average Net Profit Margin: -824.56%
• Dividend Yield: N/A
• 5Y CAGR: N/A
Bhansali Engineering Polymers Ltd
Bhansali Engineering is a leading manufacturer of engineering plastics and chemicals. The company has shown steady growth and profitability, particularly in the polymer segment, which caters to a variety of industries.
• Market Cap: ₹3,138.11 Cr
• Current Share Price: ₹122.38
• Returns: 1Y (13.74%), 1M (-11.66%), 6M (-12.72%)
• 5Y Average Net Profit Margin: 16.09%
• Dividend Yield: 3.17%
• 5Y CAGR: 28.55%
Jai Corp Ltd
Jai Corp is a diversified industrial company involved in real estate, polymers, and steel. The company has faced challenges in recent times, reflected by its negative returns, but is exploring opportunities for future growth.
• Market Cap: ₹2,679.08 Cr
• Current Share Price: ₹145.05
• Returns: 1Y (-60.09%), 1M (-52.73%), 6M (-60.03%)
• 5Y Average Net Profit Margin: 7.44%
• Dividend Yield: 0.33%
• 5Y CAGR: 5.90%
Eraaya Lifespaces Ltd
Eraaya Lifespaces operates in the real estate sector, focusing on residential and commercial projects. With a solid return in the last year, the company shows strong growth potential in the real estate market.
• Market Cap: ₹2,604.69 Cr
• Current Share Price: ₹144.45
• Returns: 1Y (807.35%), 1M (-12.36%), 6M (80.61%)
• 5Y Average Net Profit Margin: N/A
• Dividend Yield: N/A
• 5Y CAGR: 185.77%
Blue Cloud Softech Solutions Ltd
Blue Cloud Softech provides technology services and software solutions. It has faced significant stock volatility but shows potential for growth in the software and IT services space, especially with innovative solutions in cloud technologies.
• Market Cap: ₹1,937.09 Cr
• Current Share Price: ₹42.18
• Returns: 1Y (36.13%), 1M (-50.14%), 6M (-62.34%)
• 5Y Average Net Profit Margin: 11.71%
• Dividend Yield: 0.02%
• 5Y CAGR: 47.70%
Vantage Knowledge Academy Ltd
Vantage Knowledge Academy offers educational services and training programs. With a remarkable one-year return, the company is expanding its footprint in the education sector, providing high-quality services for skills development.
• Market Cap: ₹1,815.51 Cr
• Current Share Price: ₹167.45
• Returns: 1Y (1007.47%), 1M (-27.68%), 6M (221.09%)
• 5Y Average Net Profit Margin: 17.40%
• Dividend Yield: N/A
• 5Y CAGR: N/A
Uniphos Enterprises Ltd
Uniphos Enterprises operates in agrochemicals and industrial chemicals, serving diverse industries. Despite some underperformance in returns, the company has shown robust profitability in recent years, backed by a strong market position.
• Market Cap: ₹1,078.31 Cr
• Current Share Price: ₹153.29
• Returns: 1Y (-0.65%), 1M (-8.06%), 6M (-7.22%)
• 5Y Average Net Profit Margin: 79.46%
• Dividend Yield: 3.68%
• 5Y CAGR: 16.76%
Kothari Petrochemicals Ltd
Kothari Petrochemicals manufactures petrochemical products, including solvents, chemicals, and other industrial materials. The company has demonstrated positive growth but remains highly dependent on the volatile petrochemical market.
• Market Cap: ₹1,052.35 Cr
• Current Share Price: ₹176.78
• Returns: 1Y (15.66%), 1M (-8.76%), 6M (13.27%)
• 5Y Average Net Profit Margin: 8.67%
• Dividend Yield: 0.98%
• 5Y CAGR: 56.97%
Inertia Steel Ltd
Inertia Steel manufactures steel products, catering to various industries. The company has shown remarkable returns, particularly over the past year, driven by demand for its products in the infrastructure and construction sectors.
• Market Cap: ₹1,015.80 Cr
• Current Share Price: ₹84.85
• Returns: 1Y (481.16%), 1M (11.73%), 6M (403.71%)
• 5Y Average Net Profit Margin: -0.43%
• Dividend Yield: N/A
• 5Y CAGR: N/A
What are Debt Free Stocks?
Debt-free stocks are shares of companies that operate with zero or minimal long-term debt on their balance sheets. Despite their low share price (under ₹200), these companies maintain strong financial health by funding operations through internal accruals and equity, demonstrating efficient capital management.
These companies typically generate sufficient cash flows to fund their operations and growth initiatives without external borrowing. Their debt-free status often indicates strong business fundamentals and efficient working capital management.
The low share price combined with debt-free status can make these stocks attractive to investors seeking quality companies at affordable prices. However, it’s important to note that share price alone doesn’t indicate business quality or investment potential.
Features Of Best Debt-Free Stocks Under 200 In India
The main features of debt-free stocks under ₹200 include strong financial health, efficient operations, stable cash flows and quality management. These characteristics make them attractive for investors seeking stable growth at affordable prices.
- Strong Financials: Companies maintain healthy balance sheets without debt burden, demonstrating efficient capital management and strong operational performance.
- Cash Flow Management: These firms generate consistent operating cash flows, enabling them to fund operations and growth without external borrowing.
- Operational Efficiency: Debt-free status often indicates superior cost management and operational effectiveness, leading to better profit margins.
- Growth Potential: Companies can reinvest profits into business expansion or return capital to shareholders through dividends.
- Management Quality: Zero-debt policy reflects disciplined management with conservative financial practices and a strong business focus.
List Of Debt-Free Stocks Under Rs 200 Based on 6-Month Return
The table below shows a List Of Debt Free Stocks Under Rs 200 Based on 6 Month Return.
Name | Close Price (₹) | 6M Return (%) |
IMEC Services Ltd | 84.59 | 1,001.43 |
PH Trading Ltd | 19.93 | 876.96 |
Padam Cotton Yarns Ltd | 192.1 | 668.25 |
GHV Infra Projects Ltd | 122.27 | 548.99 |
Ace Engitech Ltd | 193 | 468.48 |
Sree Jayalakshmi Autospin Ltd | 75.02 | 464.91 |
Stellant Securities (India) Ltd | 145.5 | 463.95 |
Inertia Steel Ltd | 84.85 | 403.71 |
Jagsonpal Finance and Leasing Ltd | 73.6 | 334.22 |
Jattashankar Industries Ltd | 162.15 | 326.71 |
Best Debt-Free Stocks Below 200 Rs Based on 5-Year Net Profit Margin
The table below shows the Best Debt Free Stocks Below 200 Rs Based on 5 Year Net Profit Margin.
Name | Close Price (₹) | 5Y Avg Net Profit Margin (%) |
Titan Securities Ltd | 40.4 | 176.15 |
Cindrella Financial Services Ltd | 14.01 | 122.45 |
Anjani Finance Ltd | 13.56 | 112.91 |
Uniphos Enterprises Ltd | 153.29 | 79.46 |
Morarka Finance Ltd | 141.4 | 77.96 |
Ashirwad Capital Ltd | 4.77 | 77.67 |
Sheraton Properties and Finance Ltd | 11.52 | 74.2 |
Speedage Commercials Ltd | 9.5 | 71.44 |
S V Trading and Agencies Ltd | 7.35 | 67.52 |
Coral India Finance and Housing Ltd | 48.65 | 63.28 |
Debt-Free Stocks Under 200 In India Based on 1M Return
The table below shows Debt Free Stocks Under 200 In India Based on 1M Return.
Name | Close Price (₹) | 1M Return (%) |
DJS Stock and Shares Ltd | 3.53 | 132.41 |
Sita Enterprises Ltd | 177.05 | 100.74 |
Shalimar Agencies Ltd | 148.54 | 85.23 |
Hem Holdings and Trading Ltd | 7.58 | 66.07 |
Hindustan Agrigentics Ltd | 89.49 | 52.61 |
Citizen Infoline Ltd | 42.05 | 50.28 |
J J Finance Corporation Ltd | 68.71 | 48.72 |
ABM Knowledgeware Ltd | 194.95 | 48.43 |
GHV Infra Projects Ltd | 122.27 | 48.42 |
IMEC Services Ltd | 84.59 | 48.37 |
High Dividend Yield Debt Free Stocks Under 200 Rs
The table below shows High Dividend Yield Debt Free Stocks Under 200 Rs.
Name | Close Price (₹) | Dividend Yield (%) |
Fortis Malar Hospitals Ltd | 59.27 | 72.89 |
Varanium Cloud Ltd | 13.2 | 14.8 |
Nirbhay Colours India Ltd | 0.9 | 10 |
Swastik Safe Deposit and Investments Ltd | 11.73 | 8.53 |
IL&FS Investment Managers Ltd | 10.32 | 6.64 |
Morarka Finance Ltd | 141.4 | 4.17 |
Abirami Financial Services (India) Ltd | 61.9 | 4.03 |
Saven Technologies Ltd | 51 | 3.89 |
Uniphos Enterprises Ltd | 153.29 | 3.68 |
Bhansali Engineering Polymers Ltd | 122.38 | 3.17 |
Historical Performance of Debt-Free Stocks Under 200 Rs
The table below shows the Historical Performance of Debt Free Stocks Under 200 Rs based on % year return and market capitalization.
Name | Close Price (₹) | 5Y CAGR (%) |
Eraaya Lifespaces Ltd | 144.45 | 185.77 |
Pulsar International Ltd | 15.95 | 173.33 |
Annvrridhhi Ventures Ltd | 21.59 | 157.69 |
Ace Engitech Ltd | 193 | 154.72 |
Blue Chip India Ltd | 8.7 | 144.29 |
Popees Cares Ltd | 115.05 | 130.19 |
Aayush Wellness Ltd | 70.7 | 123.42 |
IMEC Services Ltd | 84.59 | 120.58 |
IEL Ltd | 6.43 | 118.74 |
Integra Switchgear Ltd | 190 | 113.33 |
Factors To Consider When Investing In Debt-Free Stocks Under 200 Rs
When evaluating debt-free stocks under ₹200, examine the company’s business model, cash flow generation and working capital management. Consider their market position, competitive advantages and growth prospects despite the lower share price.
Look at factors like management quality, corporate governance and sector dynamics. Analyze financial metrics beyond just debt status, including profitability trends, return on equity and asset utilization efficiency.
How To Invest In Debt-Free Stocks Under 200 Rs?
Listed below are the steps for investing in the Debt Free Stocks Under 200 Rs:
- Research and find out the top-performing stocks in the market.
- Evaluate and assess your risk appetite and fix your financial goals.
- Shortlist the stocks based on your fundamental and technical analysis.
- Find reliable stockbrokers like Alice Blue to open a demat account.
- Invest in the shortlisted stocks and monitor them regularly.
Impact of Government Policies on Debt-Free Stocks Under 200 Rs
Government policies related to taxation, industry regulations and economic reforms can significantly impact these companies. However, their debt-free status often provides greater flexibility in adapting to policy changes without financial strain.
These companies typically show resilience to policy changes due to their strong balance sheets and operational efficiency. The absence of debt obligations allows them to focus on business adaptation rather than managing financial pressures.
How Debt-Free Stocks Perform In Economic Downturns?
Debt-free stocks under ₹200 often demonstrate better resilience during economic downturns compared to leveraged companies. Their absence of interest obligations provides financial flexibility during challenging times.
These companies can typically maintain operations and market position during difficult periods due to their strong balance sheets. Their efficient cost structures and lack of debt burden often help them weather economic challenges more effectively.
Advantages Of Investing In Debt-Free Stocks Under 200 Rs
The main advantages of investing in debt-free stocks under ₹200 include financial stability, lower risk and growth potential at affordable prices. Their combination of strong fundamentals and accessible price points makes them attractive investment options.
- Financial Stability: Zero debt means no interest burden, leading to better profitability and financial flexibility during market fluctuations.
- Growth Potential: Companies can utilize their profits for business expansion or shareholder returns without debt service obligations.
- Low Entry Barrier: A price point under ₹200 makes these stocks accessible to retail investors while offering quality business exposure.
- Operational Freedom: The absence of debt allows companies to make business decisions based purely on growth opportunities rather than debt considerations.
- Management Quality: Debt-free status often indicates prudent management and sustainable business practices, enhancing long-term investment potential.
Risks Of Investing In Debt-Free Stocks Under 200 Rs
The main risks include market volatility, liquidity concerns and potential growth limitations. Understanding these risks is crucial for making informed investment decisions.
- Market Volatility: Lower-priced stocks can experience significant price fluctuations, requiring careful investment timing and risk management.
- Liquidity Risk: Some stocks in this category might have lower trading volumes, making it difficult to buy or sell large quantities.
- Growth Limitations: A Conservative financial approach might result in slower growth compared to companies utilizing strategic leverage.
- Sector Risks: Company performance remains subject to sector-specific challenges and competitive pressures.
- Valuation Risk: Lower price doesn’t necessarily indicate undervaluation; thorough analysis is needed to assess true value.
Debt-Free Stocks Under 200 Rs GDP Contribution
Debt-free companies under ₹200 contribute to GDP through efficient business operations and sustainable growth practices. Their focus on operational efficiency and organic growth supports economic stability.
These companies often operate in diverse sectors, contributing to employment generation and economic development. Their successful debt-free operations serve as models for sustainable business practices in the economy.
Who Should Invest In Debt-Free Stocks Under 200 Rs?
These stocks are suitable for investors seeking quality investments at affordable prices. They appeal to those who prefer companies with strong financial health and conservative management practices.
Particularly appropriate for risk-aware investors looking to build a portfolio of fundamentally strong companies. However, investors should conduct thorough research and maintain a diversified portfolio approach.
Top Debt-Free Stocks Under 200 Rs – FAQs
Debt-free stocks represent companies operating without long-term debt obligations, funding operations through internal resources and equity. They demonstrate strong financial management and operational efficiency.
Top Debt-Free Stocks Under 200 Rs #1: New India Assurance Company Ltd
Top Debt-Free Stocks Under 200 Rs #2: LS Industries Ltd
Top Debt-Free Stocks Under 200 Rs #3: Bhansali Engineering Polymers Ltd
Top Debt-Free Stocks Under 200 Rs #4: Jai Corp Ltd
Top Debt-Free Stocks Under 200 Rs #5: Eraaya Lifespaces Ltd
The Top Debt Free Stocks Under 200 Rs are based on market capitalization.
The best debt-free stocks under ₹200 based on 1-year returns include Vantage Knowledge Academy Ltd, Eraaya Lifespaces Ltd, Inertia Steel Ltd, LS Industries Ltd, and Blue Cloud Softech Solutions Ltd. These companies offer stable growth potential and minimal debt, appealing to risk-averse investors.
While debt-free stocks under ₹200 generally carry lower financial risk, they still require careful evaluation. Consider factors like business model, market conditions and company fundamentals before investing.
Start by opening a demat account with Alice Blue, research thoroughly to identify quality debt-free companies, analyze their financials and business models and invest based on your financial goals and risk tolerance.
Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.