Zero debt companies in India- Benefit of the zero debt companies and List of the zero debt companies

zero debt company, indian stock market, share bazar, equity market, debt free company

Meaning – Debt Free Company 

Debt free company means who have zero debt. Zero debt indicates that the financial health of the company is very good. This type of companies is one of the best choices for investment. They are capable to bear up against any type of economic conditions. Debt-free companies are like many way ex- sources of cash, uses of cash.

The benefit of Debt free company

Benefits of zero debt company- Source of cash 

  • Fast collection receivable from a customer 
  • Improve the efficiency of revenue generating processes
  • Faster turn inventories with reducing inventory balance
  • Reduce operating expenses
  • Increase gross margin of services and products

Benefits of zero debt company- Uses of cash

  • Increase working capital in it’s all forms-A/R, inventory, etc
  • Increase interest experiences as a result of increasing debt or rate increase
  • Capital expenditure ( expense of capital)
  • Become able to add employees or contractors 
  • The decrease in gross margin

List of the zero debt company

1 Infosys Ltd. Technology-Technology 
2 Titan Company Ltd. Cons Durable-Cons Durable 
3 Bosch Ltd. Automobile-Automobile 
4 ICICI Prudential Life Insurance Company Ltd. Financial-Financial 
5 Siemens Ltd. Engineering-Engineering 
7 NMDC Ltd. Metals-Metals 
8 Sun TV Network Ltd. Services-Services
9 Oracle Financial Services Software Ltd. Technology-Technology 
10 Ambuja Cements Ltd. Construction-Construction 
11 Colgate-Palmolive (India) Ltd. FMCG-FMCG
12 Bajaj Holdings & Investment Ltd. Financial-Financial 
13 ACC Ltd. Construction-Construction 
14 Larsen & Toubro Infotech Ltd. Technology-Technology 
15 Gillette India Ltd. FMCG-FMCG
16 Procter & Gamble Hygiene & Health Care Ltd. FMCG-FMCG 
17 Castrol India Ltd. Energy-Energy 
18 Tata Consultancy Services Ltd. Technology-Technology 
19 Indraprastha Gas Ltd. Energy-Energy 
20 Whirlpool Of India Ltd. Cons Durable-Cons Durable 
21 Nestle India Ltd. FMCG-FMCG 
22 Eicher Motors Ltd. Automobile-Automobile 
23 Jubilant FoodWorks Ltd. Services-Services 
24 GlaxoSmithKline Consumer Healthcare Ltd. FMCG-FMCG 
25 Wabco India Ltd. Automobile-Automobile 
26 Bayer CropScience Ltd. Healthcare-Healthcare 
27 GlaxoSmithKline Pharmaceuticals Ltd. Healthcare-Healthcare 
28 Bajaj Auto Ltd Automobile-Automobile  
29 Crisil Ltd. Financial-Financial 
30 NBCC India Ltd. Construction-Construction 
31 Bharat Heavy Electricals Ltd. Engineering-Engineering 
32 Sanofi India Ltd. Healthcare-Healthcare 
33 Hexaware Technologies Ltd. Technology-Technology 
34 Info Edge (India) Ltd. Services-Services 
35 Bharat Electronics Ltd. Engineering-Engineering 
36 Hindustan Unilever Ltd. FMCG-FMCG 
37 Divi’s Laboratories Ltd. Healthcare-Healthcare 
38 Abbott India Ltd. Healthcare-Healthcare 
39 Kansai Nerolac Paints Ltd. Chemicals-Chemicals 
40 Container Corpn. Of India Ltd. Services-Services 
41 Pidilite Industries Ltd. Chemicals-Chemicals 
42 Maruti Suzuki India Ltd. Automobile-Automobile 
43 Britannia Industries Ltd. FMCG-FMCG 
44 3M India Ltd. Services-Services
45 Max Financial Services Ltd. Financial-Financial 
46 Ajanta Pharma Ltd. Healthcare-Healthcare 
47 Hero Motocorp Ltd. Automobile-Automobile 
48 Bharti Infratel Ltd. Communication-Communication 
49 Bata India Ltd. FMCG-FMCG 
50 Eris Lifesciences Ltd Healthcare-Healthcare 
51 HCL Technologies Ltd. Technology-Technology
52 Engineers India Ltd. Construction-Construction
53 Finolex Cables Ltd. Engineering-Engineering 
54 Schaeffler India Ltd. Engineering-Engineering 
55 Mahanagar Gas Ltd. Energy-Energy 
56 Pfizer Ltd. Healthcare-Healthcare 
57 Lakshmi Machine Works Ltd. Engineering-Engineering 
58 Havells India Ltd. Engineering-Engineering 
59 Marico Ltd. FMCG-FMCG 
60 Asian Paints Ltd. Chemicals-Chemicals 
61 Dr. Lal Pathlabs Ltd. Healthcare-Healthcare 
62 Akzo Nobel India Ltd. Chemicals-Chemicals
63 Page Industries Ltd. Textiles-Textiles 
64 Gujarat Pipavav Port Ltd Services-Services 
65 Vakrangee Ltd. Technology-Technology 
66 Voltas Ltd. Cons Durable-Cons Durable
67 Symphony Ltd. Cons Durable-Cons Durable 
68 Amara Raja Batteries Ltd. Engineering-Engineering 
69 Exide Industries Ltd. Engineering-Engineering 
70 V-Guard Industries Ltd. Cons Durable-Cons Durable 
71 National Aluminium Co. Ltd. Metals-Metals 
72 Sun Pharma Advanced Research Company Ltd. Healthcare-Healthcare 
73 Tata Elxsi Ltd. Technology-Technology 
74 GE Power India Ltd. Construction-Construction 
75 Avanti Feeds Ltd. FMCG-FMCG
76 MindTree Ltd. Technology-Technology 
77 Cummins India Ltd. Engineering-Engineering 
78 Thermax Ltd. Engineering-Engineering
79 AIA Engineering Ltd. Metals-Metals 
80 SKF India Ltd. Engineering-Engineering 
81 L&T Technology Services Ltd. Engineering-Engineering 
82 Mphasis Ltd. Technology-Technology
83 VST Industries Ltd. FMCG-FMCG
84 Monsanto India Ltd. Chemicals-Chemicals
85 PI Industries Ltd. Chemicals-Chemicals 
86 VIP Industries Ltd. Chemicals-Chemicals
87 Alembic Pharmaceuticals Ltd. Healthcare-Healthcare 
88 Persistent Systems Ltd. Technology-Technology
89 Tech Mahindra Ltd. Technology-Technology 
90 Vinati Organics Ltd. Chemicals-Chemicals 
91 Tata Investment Corpn. Ltd. Financial-Financial 
92 Caplin Point Laboratories Ltd. Healthcare-Healthcare 
93 Moil Ltd. Metals-Metals 
94 Bajaj Corp Ltd. FMCG-FMCG 
95 Berger Paints India Ltd. Chemicals-Chemicals 
96 Dabur India Ltd. FMCG-FMCG 
97 Natco Pharma Ltd. Healthcare-Healthcare
98 eClerx Services Ltd Services-Services 
99 FDC Ltd. Healthcare-Healthcare 
100 Gujarat Mineral Devp. Corpn. Ltd. Energy-Energy

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