Debt-free Auto Component stocks in India
Listed Auto Component companies with a debt-to-equity ratio of zero in their latest balance sheet and a market cap above ₹500 crore.
Data as of the close
| # | Company | Market cap | Price | P/E | ROE % |
|---|---|---|---|---|---|
| 1 | Rolex Rings | ₹5.6K Cr | ₹213.34 | 25.1 | 15.6 |
| 2 | Divgi Torq | ₹2.7K Cr | ₹868.45 | 33.6 | 7.6 |
| 3 | Federal-Mogul Go | ₹2.6K Cr | ₹459.2 | 14.1 | 13.5 |
| 4 | India Motor Parts Accessories Ltd | ₹1.3K Cr | ₹1,023 | 12.8 | 3.8 |
| 5 | Saint Gobain Sekurit India Ltd | ₹1.0K Cr | ₹110.33 | 22.3 | 17.9 |
| 6 | Veljan Denison | ₹884 Cr | ₹1,964 | 34.9 | 10.9 |
| 7 | IST | ₹736 Cr | ₹633 | 4.5 | 9.9 |
| 8 | Hindustan Composites Ltd | ₹552 Cr | ₹373.6 | 31.6 | 3.0 |
| 9 | Munjal Showa | ₹538 Cr | ₹133.96 | 20.3 | 3.3 |
How this list is made: Debt-to-equity of 0 in the latest annual balance sheet; market cap above ₹500 crore. Banks, NBFCs and insurers are excluded because their borrowings are their business.
Track any stock on this list — free
Get an alert when it reports results or files news, with the key numbers and what management said.
More Auto Component lists
Frequently asked questions
Which Auto Component companies are debt-free?
These are the listed companies whose latest balance sheet shows a debt-to-equity ratio of zero, largest first.
Why are banks not on the list?
Borrowing is a bank's raw material, so debt-to-equity says nothing about their safety. They are excluded.
Is a debt-free company always a good investment?
No. Zero debt lowers financial risk but says nothing about growth or valuation; check results and concall commentary too.
Disclaimer: Lists are built from exchange closing prices and reported financials, for information only. They are not investment advice or a recommendation to buy or sell any security.