Debt Free Companies In India 2015
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Debt Free Companies are likely to grow their business more faster and provide higher dividends to their share holders as comparative to the companies who are still under debt.
In India there are hundereds of companies who are debt free right now, you can find them easily over the internet these days.
Though I have compiled a list of Top 15 Debt Free Companies in India as per their Market Capitalization, These companies are also the most known companies in the country.
Here we go…
Top 15 Debt Free Companies In India
(Sorted as per their Market Capitalization)
- INFOSYS LIMITED (INFY)
Market Cap – 234932.46 Crores INR - HINDUSTAN UNILEVER LIMITED (HINDUNILVR)
Market Cap – 186872.31 Crores INR - BHARTI INFRATEL LIMITED (INFRATEL)
Market Cap – 82200.39 Crores INR - HINDUSTAN ZINC LIMITED (HINDZINC)
Market Cap – 74935.70 Crores INR - HERO MOTOCORP LIMITED (HEROMOTOCO)
Market Cap – 51990.90 Crores INR - NMDC LIMITED (NMDC)
Market Cap – 51382.51 Crores INR - SIEMENS LIMITED (SIEMENS)
Market Cap – 48924.58 Crores INR - CAIRN INDIA LIMITED (CAIRN)
Market Cap – 36897.05 Crores INR - CONTAINER CORPORATION OF INDIA (CONCOR)
Market Cap – 33931.60 Crores INR - ORACLE FINANCIAL SERVICES SOFTWARE LIMITED (OFSS)
Market Cap – 30722.14 Crores INR - ACC LIMITED (ACC)
Market Cap – 28553.36 Crores INR - COLGATE PALMOLIVE (INDIA) LIMITED (COLPAL)
Market Cap – 27214.96 Crores INR - GLAXOSMITHKLINE CONSUMER HEALTHCARE LIMITED (GSKCONS)
Market Cap – 26878.44 Crores INR - CUMMINS INDIA LIMITED (CUMMINSIND)
Market Cap – 23715.85 Crores INR - CASTROL INDIA LIMITED (CASTROLIND)
Market Cap – 22407.85 Crores INR
Note: The above data is updated as on 23/5/2015.
So, if you were looking for the top debt free companies in India, then I hope the above compiled list will provide you the required information.
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Hi, I’m Managing Director at Gurpreet Saluja Financial Services where I help my investors to invest in mutual funds and achieve their financial goals. I’m also a Value Investor and here I write about Personal Finance & Investing.
