List of Zero Debt Companies in India 2021

Zero Debt Companies are the company that has no debt in the balance sheet. Here you can find the list of List of Zero Debt Stocks in India in the year 2021. More than 550 Companies in NSE [National Stock exchange] have Zero or Null debt in their Balance sheet. Here we can see the list of big companies with zero debt.

List of Zero Debt Company in India

So here is the List of Zero Debt Stocks in India which are sorted by Revenue.

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S.No.NameDebtRevenue Rs.Cr. 
1SBI Life Insurane66798
2Maruti Suzuki64545
3General Insurance48436
4ITC48196
5Hind. Unilever43806
6New India Assurance31058
7Max Financial25778
8Ambuja Cements24516
9Bharat Electron13008
10Natl. Aluminium8070
11NBCC6765
12Divi’s Lab.6571
13Whirlpool India5474
14G N F C4738
15Coforge4511
16Mazagon Dock4048
17Bayer Crop Sci.3986
18P & G Hygiene3318
19Sun TV Network3132
20Castrol India2997
21Engineers India2877
22Gland Pharma2633
23Trent2530
24Finolex Cables2498
25Pfizer2206
26Bharat Dynamics2203
27CRISIL1982
28HDFC AMC1826
29Gillette India1794
30Hathway Cable1749
31Savita Oil Tech1729
32Star Cement1667
33WABCO India1556
34Linde India1471
35Dr Lal Pathlabs1452
36Lak. Mach. Works1430
37FDC1353
38Den Networks1309
39Garden Reach Sh.1199
40G M D C1185
41VST Industries1124
42Navin Fluo.Intl.1120
43Bhansali Engg.1070
44Nippon Life Ind.1035
45Praj Industries1034
46Kaveri Seed Co.1033
47I R C T C1031
48Munjal Showa1019
49MOIL976
50Federal-Mogul Go965
List of Zero Debt Companies in India

SBI Life Insurance one of the most trusted life insurance companies in India which has zero debt in their balance sheet with a annual Turnover of Rs 66798 Cr. The Company is largest in the List of Zero debt stock in India

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The company was incorporated in October 2000 and is registered with the Insurance Regulatory and Development Authority of India (IRDAI) in March 2001. Serving millions of families across India, SBI Life’s diverse range of products caters to individuals as well as group customers through Protection, Pension, Savings and Health solutions.

Next is Maruti Suzuki India which is 2nd in the list of Zero debt stocks based on the Revenue. The Company is the Largest Manufacturer of Passenger Vehicle in India.

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Zero debt Company with turnover of More than Rs 10,000 Cr – Large cap companies

Here is the List of Zero debt company with Turnover more than Rs 10,000 Cr. – Large cap Companies.

S.No.NameDebtRevenue Rs.Cr. 
1SBI Life Insurane66798
2Maruti Suzuki64545
3General Insurance48436
4ITC48196
5Hind. Unilever43806
6New India Assurance31058
7Max Financial25778
8Ambuja Cements24516
9Bharat Electron13008
Zero debt Companies with turnover of More than Rs 10,000 Cr

Zero debt stocks with turnover of More than Rs 1000 Cr – Midcap companies

So here is the list of Zero debt Companies with turnover of More than Rs 1000 Cr – midcap companies

10Natl. Aluminium8070
11NBCC6765
12Divi’s Lab.6571
13Whirlpool India5474
14G N F C4738
15Coforge4511
16Mazagon Dock4048
17Bayer Crop Sci.3986
18P & G Hygiene3318
19Sun TV Network3132
20Castrol India2997
21Engineers India2877
22Gland Pharma2633
23Trent2530
24Finolex Cables2498
25Pfizer2206
26Bharat Dynamics2203
27CRISIL1982
28HDFC AMC1826
29Gillette India1794
30Hathway Cable1749
31Savita Oil Tech1729
32Star Cement1667
33WABCO India1556
34Linde India1471
35Dr Lal Pathlabs1452
36Lak. Mach. Works1430
37FDC1353
38Den Networks1309
39Garden Reach Sh.1199
40G M D C1185
41VST Industries1124
42Navin Fluo.Intl.1120
43Bhansali Engg.1070
44Nippon Life Ind.1035
45Praj Industries1034
46Kaveri Seed Co.1033
47I R C T C1031
48Munjal Showa1019
Zero debt Companies with turnover of More than Rs 1000 Cr

So finally These are the List of Zero Debt stocks in India with Annual Revenue of More than Rs 1000 Cr.