High Debt Companies in India List Stock (Debt to equity)

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List of High Debt Companies in India List (Debt to equity ratio) which are sorted out based on the Total Debt in the year 2022. List of companies with high debt to equity ratio.

List of High Debt Companies in India

So here is the List of High Debt Companies in India which are sorted out based on the Total Debt of the company in recent year. Companies with high debt to equity ratio

S.NO	High Debt Company	Total Debt	Debt to Equity Ratio
1	POWER FINANCE CORP	$ 90 Billion	7.4
2	STATE BK OF INDIA	$ 59 Billion	1.4
3	INDIAN RAILWAY FIN CORP L	$ 46 Billion	8.8
4	REC LTD	$ 46 Billion	7.1
5	HOUSING DEVEL FIN	$ 41 Billion	1.8
6	RELIANCE INDS	$ 35 Billion	0.3
7	HDFC BANK	$ 31 Billion	1.0
8	NTPC LTD	$ 28 Billion	1.6
9	VODAFONE IDEA LTD	$ 28 Billion	-3.9
10	LIC HOUSING FINAN	$ 26 Billion	8.2
11	BHARTI RS. 1.25 PPD UP	$ 24 Billion	2.2
12	AXIS BANK	$ 23 Billion	1.5
13	TATA MOTORS LTD.	$ 20 Billion	3.2
14	POWER GRID CORP	$ 18 Billion	1.7
15	ICICI BANK	$ 17 Billion	0.7
16	LARSEN & TOUBRO	$ 17 Billion	1.4
17	OIL & NATURAL GAS	$ 17 Billion	0.5
18	BAJAJ FINANCE LTD	$ 16 Billion	3.0
19	BAJAJ FINSERV LTD	$ 15 Billion	1.8
20	INDIAN OIL CORP	$ 15 Billion	0.8
21	BK OF BARODA	$ 13 Billion	1.1
22	SHRIRAM TRANSPORT	$ 12 Billion	3.6
23	L&T FINANCE HOLDIN	$ 11 Billion	4.4
24	GRASIM INDUSTRIES	$ 11 Billion	0.8
25	MAHINDRA &MAHINDRA	$ 11 Billion	1.5
26	TATA STEEL LTD	$ 11 Billion	0.8
27	CANARA BANK	$ 10 Billion	1.1
28	JSW STEEL LTD	$ 10 Billion	1.2
29	HINDALCO INDS	$ 9 Billion	1.0
30	ADANI POWER LTD	$ 9 Billion	84.3
31	YES BANK	$ 9 Billion	1.9
32	INDIABULLS HOUSING	$ 9 Billion	4.0
33	CHOLAMANDALAM FIN	$ 8 Billion	5.0
34	CHOLAMANDALAM INV	$ 8 Billion	5.9
35	PIRAMAL ENTERPRISE	$ 8 Billion	1.7
36	VEDANTA LTD	$ 8 Billion	0.7
37	HOUSING & URBAN	$ 8 Billion	4.3
38	BHARAT PETROL CORP	$ 8 Billion	1.2
39	KOTAK MAHINDRA BAN	$ 8 Billion	0.6
40	MAHINDRA &MAH FIN	$ 7 Billion	3.5
41	MUTHOOT FINANCE LTD	$ 7 Billion	3.1
42	IDFC FIRST BANK	$ 7 Billion	2.6
43	UNION BK OF INDIA	$ 7 Billion	0.7
44	ADITYA BIRLA CAPIT	$ 7 Billion	3.2
45	PUNJAB NATL BANK	$ 7 Billion	0.5
46	TATA POWER CO LTD	$ 7 Billion	2.0
47	INDUSIND BANK LTD	$ 6 Billion	1.0
48	ADANI PORT SPECIAL	$ 6 Billion	1.5
49	RELIANCE COMM LTD	$ 6 Billion	-0.8
50	HINDUSTAN PETROL	$ 6 Billion	1.1
51	IL&FS TRANSP NTWK	$ 5 Billion	7.9
52	PNB HOUSING	$ 5 Billion	4.1
53	GMR INFRASTRUCTURE	$ 5 Billion	41.5
54	IIFL FINANCE LTD	$ 5 Billion	5.7
55	ADANI ENTERPRISES	$ 4 Billion	1.4
56	INTERGLOBE AVIATIO	$ 4 Billion	-7.2
57	SREI INFRASTRUCTUR	$ 4 Billion	-5.4
58	ADANI TRANSMISS.IN	$ 4 Billion	4.1
59	SUNDARAM FINANCE L	$ 4 Billion	2.7
60	UPL LTD	$ 4 Billion	1.1
61	RELIANCE CAPITAL	$ 4 Billion	-2.1
62	MAHANAGAR TELEP NI	$ 4 Billion	-1.5
63	EDELWEISS FIN SERV	$ 3 Billion	3.3
64	MANAPPURAM FINANCE	$ 3 Billion	3.2
65	ADANI GREEN ENERGY	$ 3 Billion	32.5
66	ASHOK LEYLAND	$ 3 Billion	2.8
67	STEEL AUTHOR INDIA	$ 3 Billion	0.5
68	MANGALORE REF &PET	$ 3 Billion	6.8
69	ALOK INDUSTRIES LTD	$ 3 Billion	-1.4
70	RELIANCE POWER	$ 3 Billion	1.6
71	BK OF INDIA	$ 3 Billion	0.4
72	SHRIRAM CITY UNION	$ 3 Billion	2.6
73	NLC INDIA LTD	$ 3 Billion	1.4
74	NHPC LTD	$ 3 Billion	0.6
75	INDIAN BANK	$ 3 Billion	0.5
76	CANFIN HOMES	$ 3 Billion	7.1
77	TATA TELESERVICES	$ 3 Billion	-1.1
78	INDUS TOWERS LTD	$ 3 Billion	1.0
79	IRB INFRASTRUCTURE	$ 3 Billion	2.8
80	JAIPRAKASH ASSOCIA	$ 3 Billion	20.4
81	SBI CARDS & PAYMEN	$ 3 Billion	2.7
82	PNB GILTS	$ 2 Billion	12.8
83	OIL INDIA LTD	$ 2 Billion	0.6
84	JINDAL STEEL & PWR	$ 2 Billion	0.5
85	BANDHAN BANK LTD	$ 2 Billion	1.1
86	IDBI BANK LTD	$ 2 Billion	0.4
87	BK OF MAHARASHTRA	$ 2 Billion	1.2
88	UCO BANK	$ 2 Billion	0.7
89	WIPRO LTD	$ 2 Billion	0.2
90	ULTRATECH CEMENT	$ 2 Billion	0.3
91	MACROTECH DEVELOPERS LTD	$ 2 Billion	1.9
92	FED BANK	$ 2 Billion	0.8
93	RELIANCE INFRASTRU	$ 2 Billion	1.0
94	CESC	$ 2 Billion	1.3
95	FUTURE RETAIL LTD	$ 2 Billion	-11.4
96	RBL BANK LTD	$ 2 Billion	1.1
97	RELIANCE HOME FIN	$ 2 Billion	-20.6
98	GODREJ INDUSTRIES	$ 2 Billion	1.0
99	RELIANCE N AND E	$ 2 Billion	-1.1
100	MOTHERSON SUMI SYS	$ 2 Billion	0.7
101	RATTANINDIA POWER	$ 2 Billion	-6.4
102	ICICI SEC. LTD	$ 1 Billion	5.3
103	JM FINANCIAL	$ 1 Billion	1.1
104	GIC HOUSING FINANC	$ 1 Billion	7.6
105	CHENNAI PETRO CP	$ 1 Billion	6.1
106	SUNDARAM CLAYTON	$ 1 Billion	1.6
107	TATA COMMUNICATION	$ 1 Billion	39.2
108	CREDITACCESS GRAME	$ 1 Billion	2.6
109	IFCI LTD	$ 1 Billion	2.4
110	REPCO HOME FIN LTD	$ 1 Billion	4.5
111	TVS MOTOR CO	$ 1 Billion	2.2
112	SPICEJET LTD	$ 1 Billion	-2.5
113	PTC INDIA LTD	$ 1 Billion	1.8
114	PUNJ LLOYD LTD	$ 1 Billion	-3.8
115	POONAWALLA FINCORP LTD	$ 1 Billion	1.5
116	JAYPEE INFRATECH L	$ 1 Billion	-1.9
117	RAIN INDUSTRIES LTD	$ 1 Billion	1.3
118	ROLTA INDIA	$ 1 Billion	-1.2
119	JSW ENERGY LTD	$ 1 Billion	0.5
120	TATA CONSULTANCY S	$ 1 Billion	0.1
121	DILIP BUILDCON LTD	$ 1 Billion	2.1
122	TORRENT POWER	$ 1 Billion	0.7
123	GAIL INDIA LTD	$ 1 Billion	0.1
124	JAIN IRRIGATION	$ 1 Billion	2.3
125	APOLLO TYRES	$ 1 Billion	0.6
126	PTC INDIA FINANCIA	$ 1 Billion	3.2
127	TATA CHEMICALS	$ 1 Billion	0.4
128	ASHOKA BUILDCON LTD	$ 1 Billion	7.2
129	AAVAS FINANCIERS L	$ 1 Billion	2.7
130	NUVOCO VISTAS CORP LTD	$ 1 Billion	0.8
131	SUZLON ENERGY LTD	$ 1 Billion	-2.0
132	SINTEX INDUSTRIES	$ 1 Billion	4.3
133	GTL LTD	$ 1 Billion	-0.9
134	TITAN COMPANY LTD	$ 1 Billion	0.8
135	BALLARPUR INDS	$ 1 Billion	-4.4
136	HCL TECHNOLOGIES	$ 1 Billion	0.1
137	RAIL VIKAS NIGAM	$ 1 Billion	1.0
138	CENTRAL BANK OF IN	$ 1 Billion	0.2
139	INDIAN HOTELS	$ 1 Billion	1.5
140	SADBHAV ENGINEERIN	$ 1 Billion	3.8
141	SATIN CREDIT CARE	$ 1 Billion	4.2
142	DLF LTD	$ 1 Billion	0.2
143	INDOSTAR CAP FIN	$ 1 Billion	1.6
144	BHARAT FORGE	$ 1 Billion	1.0
145	PRESTIGE ESTATES P	$ 1 Billion	0.8
146	JINDAL SAW LTD	$ 1 Billion	0.8
147	COX & KINGS LTD	$ 1 Billion	-0.8
148	SHREM INVIT	$ 1 Billion	-35.9
149	SJVN LTD	$ 1 Billion	0.4
150	INFOSYS LTD	$ 1 Billion	0.1
151	SADBHAV INFRA PROJ	$ 1 Billion	-105.7
152	BENGAL & ASSAM COMPANY LTD.	$ 1 Billion	0.9
153	PVR LTD	$ 1 Billion	3.6
154	BRIGADE ENTERPRISE	$ 1 Billion	1.8
155	SPANDANA SPHOORTY FIN LTD	$ 1 Billion	1.9
156	JAIPRAKASH POWER	$ 1 Billion	0.5
157	GTL INFRASTRUCTURE	$ 1 Billion	-3.0
158	JK TYRE&INDUSTRIES	$ 1 Billion	1.8
159	BHARAT HEAVY ELECT	$ 1 Billion	0.2
160	BIOCON LTD	$ 1 Billion	0.5
161	AU SMALL FINANCE B	$ 1 Billion	0.7
162	BAJAJ HINDUSTHAN S	$ 1 Billion	2.1
163	JYOTI STRUCTURES	$ 1 Billion	-0.4
164	SHREE RENUKA SUGAR	$ 1 Billion	-4.7
165	MOTILAL OSWAL FINA	$ 1 Billion	0.9
166	RELIGARE ENTERPRIS	$ 1 Billion	21.5
167	GREAT EASTERN SHI	$ 1 Billion	0.6
168	BOMBAY BURMAH	$ 1 Billion	0.7
169	G R INFRAPROJECTS LTD	$ 1 Billion	1.1
170	GODREJ PROPERTIES	$ 1 Billion	0.6
171	ASTER DM HEALTHCAR	$ 1 Billion	1.2
172	AUROBINDO PHARMA	$ 1 Billion	0.2
173	CADILA HEALTHCARE	$ 1 Billion	0.3
174	HINDUSTAN ZINC	$ 1 Billion	0.1
175	PNC INFRATECH LTD	$ 1 Billion	1.4
176	SIMPLEX INFRASTRUC	$ 1 Billion	4.2
177	TORRENT PHARM	$ 1 Billion	0.7
178	SOUTH INDIA BANK	$ 1 Billion	0.8
179	FUTURE ENTERPRISES	$ 1 Billion	1.9
180	IIFL WEALTH MGMT LTD	$ 1 Billion	1.5
181	APOLLO HOSPITALS.	$ 1 Billion	0.8
182	ESSAR SHIPPING POR	$ 1 Billion	-0.9
183	BOMBAY DYEING &MFG	$ 1 Billion	-11.1
184	UFLEX LTD	$ 1 Billion	0.7
185	BIRLA CORP	$ 1 Billion	0.7
186	VARROC ENGINEERING	$ 1 Billion	1.6
187	DCB BANK LTD	$ 1 Billion	1.0
188	MAS FINANCIAL SERV	$ 1 Billion	3.1
189	PRIME FOCUS	$ 1 Billion	14.3
190	GLENMARK PHARM	$ 1 Billion	0.4
191	BOMBAY RAYON FASHIONS LTD	$ 1 Billion	7.3
192	PHOENIX MILLS	$ 1 Billion	0.5
193	EQUITAS HOLDINGS	$ 1 Billion	1.0
194	ADITYA BIRLA FASH	$ 1 Billion	1.5
195	CAPRI GLOBAL CAPIT	$ 1 Billion	2.1
196	UNITECH LTD	$ 1 Billion	0.8
197	KALPATARU POWER TR	$ 1 Billion	0.9
198	EDUCOMP SOLUTIONS	$ 1 Billion	-1.5
199	JK CEMENTS LTD	$ 1 Billion	0.9
200	SWAN ENERGY LTD	$ 1 Billion	2.8