For Quick Alerts
For Daily Alerts

    Debt Free Companies In India: Should You Invest In Them?


    Debt free companies are those who have no debt or low debt and the company is having ample cash to run the company. Classic examples are those of Infosys, which has a huge cash pile. 

    Debt free companies can be a good bet when there is a economic slowdown which in turn leads to slowing of the demand and rising the interest rates which cost to the company.

    Debt Free Companies In India: Should You Invest In Them?

    The one good thing about them is that they can sustain their businesses well, especially when interest rates in the economy remain elevated.

    While on the other hand debt ridden companies erode their profit during the slowdown as interest on loans can see severe impact on net porfits.

    Usually, debt free companies are cash rich and they are not interested to raise funds from the market to manage their company.

    Debt free or low debt companies need not keep the cash aside to meet the cost of capital, which high debt companies have to mandatorily set aside.

    Debt free companies can enjoy interest income from bank deposits, which is added on to their reserves.

    Here are 10 debt free companies if you are looking for debt free companies to invest in.

    Debt free companies
    Infosys Ltd
    Just Dial Ltd
    NMDC Limited
    Bajaj Corp Limited
    CRISIL Ltd.
    NESCO Ltd.
    Hexaware Technologies Limited
    Jubilant FoodWorks Ltd
    Clariant Chemicals
    R S Software

    Read more about: debt companies invest
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more