BANK OF BARODA is an Indian nationalised bank owned by the Government of India holding 64% shares. It is under the ownership of the Ministry of Finance of the Government of India as well one of the largest nationalised bank in India, with more than 132 million customers and has a global presence with more than 100 overseas offices. Read more

Published on 28^thJan, 2022

Sharda crop is 100% debt free 45 years old company engaged in xport of agrochemicals (technical grade and formulations) and non-agro products such as conveyor belts, rubber belts/sheets, dyes and dye intermediates to various countries across the world. The company had 500+ third party distributors as of 2019 with sales force present in 40+ countries. Apart from that the company has operational presence in more than 80 countries across the globe. Read more

Published on 21^stJan, 2022

Sanofi India Ltd is a 100% debt free, Cash rich subsidiary of 157 years old Hoechst Gmbh which holds about 60% share in the company. It offers a wide array of medicines for therapy areas such as Diabetes, Cardiology, Thrombosis, Central Nervous System and Antihistamines. Company has huge cash and equivalents of about 1100+ crores as of Dec 2019 and Sales CAGR of about 15% over 3-5 years. This one of our favourite darkhorsestock ideas. Read more

Published on 7^thJan, 2022

V-Guard Industries is a completely debt free company promoted by Mr. Kochouseph Chittilappilly. V-Guard Industries is engaged in the manufacturing a vide range of products which include, trading and selling of a wide range of products likes Stabilizers, Digital UPS, UPS etc. Company has cash and equivalents of 121 Crore, reserves of 950+ crores and a solid ROCE of more than 25%. Read more

Published on 2^ndDec, 2021

Sree Rayalaseema Hi-Strength Hypo Ltd, with a negligible amount of debt , is the torchbearer of the TGV Group and as per the management is the only Indian manufacturer of Calcium Hypochlorite. It is engaged in manufacturing and sale of industrial chemicals, generation & distribution of power and coal trading. Despite the pandemic company has managed sales growth of 30% which in itself is a huge achievement. Company has cash and equivalents of around Rs 139 crores and has declared dividend of Rs 3 per share. Read more

Published on 25^thNov, 2021

ABCL is the holding company for the financial services businesses of the Aditya Birla Group. ABCL has a strong presence across Protecting, Investing and Financing solutions. Its business include Life insurance, Motor Insurance , Housing Finance , Portfolio Management Services , Stock Broking Business, Asset management Company , Health Insurance etc. Read more

Published on 2^ndNov, 2021

Rallis India is a 100% debt free subsidiary of Tata Group company Group Co with a history of over 150 years. The company is into manufacturing of Agrochemicals and is present across the value chain of agriculture inputs - from seeds to organic plant growth nutrients. Rallis is also in the business of contract manufacturing for global corporations.
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Published on 14^thOct, 2021

Fermenta Biotech is a 70 years old company engaged in manufacturing several business which includes manufacturing of active pharmaceutical ingredients, lease rental business for commercial properties, Nutritional Premixes, Biotechnology as well as providing Environmental Solutions which include EPC – Engineering, Procurement & Construction for STPs, WTPs & ETPs. Read more

Published on 7^thOct, 2021

Antony Waste Handling Cell Ltd is engaged in the business of mechanical power sweeping of roads, collection and transportation of waste, waste to energy project and undertake the designing, construction, operation and maintenance of the integrated waste management facility in Kanjurmarg, Mumbai.It is one of the top five players in the Indian municipal waste management industry with a track record of ~20 years.
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Published on 30^thSept, 2021

Ambika cotton mills is a completely debt free company based out of Coimbatore in Southern India. Company is engaged in the manufacture of premium quality Compact and Elitwist cotton yarn for hosiery and weaving. It is an established player in the international and domestic yarn market with exports constituting roughly 70% of its revenues. Read more

Published on 23^rdSept, 2021

Ramco Industries an almost debt free company part of the 85 years old Ramco Group , is engaged in the business of manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). Today with 12 plants across South Asia and a 8,000 strong partner network, Ramco Industries is one of the leading building materials manufacturers in South Asia .
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Published on 16^thSept, 2021

PSP Projects is an Ahmedabad , Gujarat based multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential and residential projects in India. Read more

Published on 09^thSept, 2021

Zydus wellness is a subsidiary of Cadila Healthcare Limited having a broad spectrum of various different brands under its portfolio which includes Sugarlite, Complan, Sugar Free, Glucon-D, Everyuth, Nycil and Nutralite etc. With 3 year sales growth of over 60% , compounded profit growth of 18% and Operating profit margin in range of 18-22% Zydus Wellness is well suited to give at least **% returns over next 1-2 year period Read more

Published on 02^ndSept, 2021

Oriental Carbon & Chemicals Limited is an almost 43 years old company , part of JP Goenka Group of Companies engaged in manufacturing Insoluble Sulphur & Sulphuric Acid. The company operates in an oligopolistic market structure with only three credible players in the international market & OCCL being sole player domestically. Its global market share is around 10% (market size is around 3,00,000 tonne).
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Published on 26^thAug,2021

Pfizer India , a 100% debt free company is a subsidiary of Pfizer Inc., the world's premiere biopharmaceutical corporation-an American multinational pharmaceutical corporation headquartered in New York City with a history of more than 170 Years. Pfizer Limited has a portfolio of over 150 products across 15 therapeutic areas. Its top brands include Prevenar 13, Lyrica, Eliquis, Enbrel, Becosules, Gelusil and Corex range of products. Read more

Published on 19^stAugust,2021

Raymond Ltd is a part of almost 96 years old Raymond group which is a diversified group with majority business interests in Textile & Apparel sectors as well as presence across diverse segments such as FMCG, Realty, Engineering and Prophylactics in national and international markets. Company also has a huge Land Bank of 100 acres valued at roughly Rs 3500 crores or Rs 524/share.
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Published on 12^thAug,2021

Rupa & Company Ltd is almost 53 years old company engaged in the manufacture of knitted apparel, including hosiery. The Company offers textile, leather and other apparel products. Company is a pure 'Make in India' brand, with variety of products under its more than 18 brands for men, women and children with over 18,000 SKUs across its existing range of products. Apart from that company also has exclusive License of many International Brands.
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Published on 5^thAug,2021

Mangalam Organics ltd is a completely debt free company engaged in the filed of the pine chemistry. It is not only a pioneer in this field but also a leading manufacturer of terpene and rosin derivatives. It is engaged in the business of manufacturing of Camphor, Resin and Sodium Acetate. Additionally Ace Investor and Founder of Dmart (Avenue Supermarts) Radhakishan Damani had holds around 2.17% stake in the company.
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Published on 29^thJuly,2021

Muthoot Finance Ltd. is an Indian financial corporation and the largest gold loan NBFC in the country. In addition to financing gold transactions, the company offers foreign exchange services, money transfers, wealth management services, travel and tourism services, and sells gold coins. The company operates over 4,400 branches throughout the country. Outside India, Muthoot Finance is established in the UK, the US, and the United Arab Emirates.
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Published on 23^rdJuly,2021

Vidhi Speciality Food Ingredients is a completely debt free company engaged in the business of manufacturing & trading in synthetic food colours as well as trading chemicals. The company is the second largest food colour manufacturer in Asia and it products are being distributed and consumed in over 80 countries across 6 continents.
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Published on 8^thJuly,2021

NESCO is a 81 year old completely debt free company. NESCO is engaged in the Business of Licensing premises in IT park buildings and providing related services, Licensing premises for exhibitions and providing services to the organisers, Manufacturing of machines and capital equipment, Hospitality and catering services. NESCO has extremely high OPM of above 64% and Huge cash reserves of about more than 700cr+. Read more

Published on 1^stJuly, 2021

India Nippon Electricals is a completely debt free 37 years old company , part of Chennai based TVS Group , a joint venture between Lucas Indian Service Limited, a wholly-owned subsidiary of Lucas-TVS Limited and MAHLE Electric Drives Japan Corporation, Japan – a company of MAHLE Group, Germany, engaged in manufacturing Electronic Ignition Systems for two-wheelers, three wheelers and portable engines along with many other products.
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Published on 17^thJune,2021

Deccan Cement Ltd is 41 years old Hyderabad, India based company engaged in the business of Manufacturing of Cement. Company manufactures various different types of cements such as OPC, PPC, PSC, Speciality Cements thus catering to wide variety of customers ranging from Infra Real Estate developers to Indian Railways to Companies engaged in petroleum industry.
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Published on 4^thApril,2021

Tata Investment is completely debt-free, with 68.51% of the company being owned by Tata Sons. The Company’s activities comprises primarily of investing in long term investments in equity shares, debt instruments, listed and unlisted, and equity related securities of companies in a wide range of industries. TCIL’s investments are worth about Rs 15000 crores while the overall market capitalisation of the company is just Rs 5200 crores.
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Published on 28^stMarch,2021

Finolex Industries is a parts of 64 years old Finolex Group an Indian conglomerate based in Pune, India. Finolex is a leading manufacturer of PVC Resin and the largest producer of PVC Pipes & Fittings in India with 18,000 dealers and sub-dealers spread across the country. The Company offers the latest range of superior quality and durable PVC-U pipes and fittings used in agriculture, construction and industrial operations.

Published on 7^thMarch, 2021

Transpek Industries is almost 55 years old company engaged in the business of manufacturing and export of a range of chemicals servicing the requirements of customers from a diverse range of industries - Textiles, Pharmaceuticals, Agrochemicals, Advanced Polymers, etc. with its headquarters in Vadodra Gujarat.
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Published on 17^thJan, 2021

Bayer CropScience India is a 61 years old, 100% debt free company part of Bayer AG an 156 years old German multinational pharmaceutical and life sciences company and one of the largest pharmaceutical companies in the world headquartered in Leverkusen, Germany. The company is engaged in Crop Protection, Environmental Science and BioScience. Read more

Published on 6^thMay,2021

Dhauka Agritech is an almost 53 years old completely debt free company. The company is engaged in manufacturing a wide range of agro-chemicals like herbicides, insecticides, fungicides, plant growth regulators in various forms such as liquid, dust, powder and granules. Company is a pure play Rural FMCG with 40 warehouses, 7,000+ distributors and 80,000+ retailers to service the needs of over 10 million touch points across farmers.

Published on 28^thMay, 2021

Birla Corporation (BCL), a flagship company of the MP Birla group is engaged in the business of manufacturing and sales of cement. The company is also into sales of Jute, PVC goods and automotive trim parts. Strong focus by government to increase infrastructure activity puts this company on the top of the chart to explore for long term.
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Published on 21^stMay, 2021

BirlaSoft is an almost debt free company, part of CK Birla Group which has a rich heritage of 158-year of building sustainable communities. BirlaSoft is engaged in enterprise solution and digital technologies which includes Computer programming, consultancy and related activities. As of the latest balance sheet financials and the recent management comments the company is hungry for growth and is armed with Cash & Equivalents of Rs 630 crores ripe for stellar growth in the coming period.

Published on 15^thMay, 2021

With a rich heritage of more than 40 Years, RPSG Ventures today is part of one of the most revered business conglomerates of India. With the group itself scaling new heights, with annual revenues of INR23,000cr and assets close to INR 41,000 Cr.; its extraordinary journey has just begun. RPG Ventures currently trades at around 300 rs while book value of the company is around 880 Rs. (Book Value- 880+ Rs)

Published on 07^thMay, 2021

Quick heal technologies is a 100% debt free Indian Antivirus software and IT security services company, headquartered in Pune, India. The company is engaged in developing security software for the consumers and servers as well as for the cloud computing environments for small and medium enterprises which it sells directly to the customers or through its established partner channels. Read more

Published on 24^thMarch, 2021

Essel Propack Established in 1982 is the largest specialty packaging global company, manufacturing laminated plastic tubes catering to the FMCG and Pharma space. Essel Propack Ltd was promoted by Essel Group until 2019 when Blackstone Group bought a majority of 51% stake for about Rs 3,200 crore which further triggered an open offer for Blackstone group to acquire another 26% stake through open market at 139Rs per share. Currently Blackstone Group through its company EPSILON BIDCO PTE.LTD holds more than 50% stake in the company.
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Published on 20^thMay, 2021

Symphony Ltd is a 32 years old Achal Anil Bakeri promoted company engaged in the manufacturing of cooling systems. The company manufactures products like domestic air coolers, industrial air coolers. Once on the verge of Bankruptcy , symphony has emerged as a market leader in the Cooling Systems with Symphony holding Guinness World Record for creating the world’s largest functioning air coolers.Read more

Published on 4^thMarch, 2021

Greenply Industries Limited (GIL) is a 30 year old company and is also India's largest interior infrastructure company. GIL is primarily involved in manufacturing of plywood and trading of plywood and allied products. The company over the past several years had faced very strong ups and downs however going forward with increasing urbanisation as well as increasing organised plywood markets it is set to be the big beneficiary of all. This idea is more of like a penny stock and very risky for all the investors while the growth prospects are also quite good.

Published on 24^thFeb, 2021

Oriental Aromatics ltd is a 56 year old , completely* debt free company engaged in business of manufacturing Fine chemicals i.e. camphor, perfumery & specialty aroma chemicals, fragrances and flavour. The company is present in wide range of FMCG products including soap, shampoos, detergents, hair oil, biscuits, confectionaries, beverages, ice-creams, chocolates, etc. Company has grown tremendously over past couple of years with Compounded Profit Growth of 50% and 35% over past 3 and 5 years respectively. Read more

Published on 17^thFeb, 2021

Whirlpool of India is a completely debt free subsidiary of the Whirlpool Corporation an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, United States. It is one of the leading manufacturers and traders of electric home appliances such as refrigerators, washing machines. The company also manufactures and trades in air conditioners, microwave Ovens, built in and small appliances and caters to both domestic and international markets. The company has cash and bank balance Rs 1948.53 crore as end of Sep 30, 2020. Read more

Published on 10^thFeb,2021

Poly Medicure Limited is a 25 years old India-based manufacturer and exporter of medical devices.The company operates in the healthcare industry & engaged in the development, manufacturing and marketing of Disposable Medical Devices. The company manufactures medical devices used in Infusion therapy, blood management, gastroenterology, surgery & wound drainage, anesthesia and urology. Polymed is one of the largest exporters of the medical devices from India.

Published on 5^thFeb, 2021

GlaxoSmithKline Pharmaceutical a 95 years old Indian Subsidiary, 100% debt free company is a part of GlaxoSmithKline plc (GSK) a British multinational pharmaceutical company headquartered in Brentford, London.I t is one of the oldest pharmaceuticals companies in India. Its product portfolio includes prescription medicines and vaccines. Its prescription medicines range across therapeutic areas such as anti-infectives, dermatology, gynaecology, diabetes, oncology, cardiovascular disease and respiratory diseases.Read more

Published on 27^th Jan, 2021

Nilkamal Ltd is a 100% debt free company engaged in the business of Manufacture of Plastics Products and Retail sales. Nilkamal is one of the major players in moulded plastic products and material handling segments. The company manufactures and markets injection moulded plastic products in India and abroad. Company has stable operating margins in range of 10-13% and a solid Return on capital employed of above 20 % over past several years. The company is also planning to launch new product range which is exclusive for Small Office Home Office (SOHO). Read more

Published on 13^thdec, 2020

Prataap Snacks Ltd is a completely debt free company engaged in the business of Namkeen. It offers multiple variants of products across categories of Potato Chips, Extruded Snacks, Namkeen under the popular and vibrant Yellow Diamond brand. Today PSL has been amongst the fastest growing players in India’s packaged snacks industry over the last decade. Company has solid performance with sales CAGR of 20% over 5 year and Profit CAGR of 35% over the same period. This idea is worth exploring for all those users who are searching companies to bet on Rural India Theme. Read more

Published on 14^thJan, 2021

Sanofi India Ltd is a 100% debt free, Cash rich subsidiary of 157 years old Hoechst Gmbh which holds about 60% share in the company. It offers a wide array of medicines for therapy areas such as Diabetes, Cardiology, Thrombosis, Central Nervous System and Antihistamines. Company has huge cash and equivalents of about 1100+ crores as of Dec 2019 and Sales CAGR of about 15% over 3-5 years. This one of our favourite darkhorsestock ideas. Read more

Published on 6^thJan, 2021

Carborundum Universal (CUMI) is a 65 years completely debt free company part of Murugappa Group. CUMI manufactures a comprehensive product range which includes, Bonded, Coated, Super Abrasives, Ceramics, Electrominerals and Coolants for a wide spectrum of industries. CUMI a Material Science Company, has always been in the forefront of new technologies, harnessing the various properties of materials to make cutting edge products. Company has a record of consistent dividend payout over a period of 66 years. Read more

Published on 23^rdAug, 2020

NESCO is a 81 year old completely debt free company. NESCO is engaged in the Business of Licensing premises in IT park buildings and providing related services, Licensing premises for exhibitions and providing services to the organisers, Manufacturing of machines and capital equipment, Hospitality and catering services. NESCO has extremely high OPM of above 64% and Huge cash reserves of about more than 700cr+. Read more

Published on 15^thNov, 2020

Hinduja Global Solutions is one of the largest transnational business conglomerates in the world. The company provides information technology enabled services in India and internationally. They offer professional IT staffing, claims processing, call center, software development, and consulting services. Operating since 1973 with 73 delivery centres across 7 countries and revenues of more than $680 million. Company has a book value of about 800 Rs which is way higher than its current market price. Read more

Published on 5^thJuly, 2020

Castrol India Limited is 100% debt free subsidiary of 121 years old Castrol Ltd headquartered in Pangbourne, Berkshire, UK. Castrol is the world leading manufacturer, distributor and marketer of premium lubricating oils, greases and related services to automotive, industrial, marine, aviation, oil exploration and production customers across the world. Company has been a consistent dividend paying company with more than 90% earnings distributed every year in the form of dividends. Company has cash and Equivalents of more than Rs 1100 crore and ROCE of 100% avg 5 years. Read more

Published on 18^thOct, 2020

Ingersoll Rand (India) (IR) a 100% debt free company is a 74% subsidiary of 148 years old the Ingersoll Rand Company USA which is the holding company of Ingersoll Rand India with its headquarters in Swords, Ireland. The company manufactures wide range of products including Rotary; centrifugal and reciprocating air compressors and treatment products with comprehensive multi-year service agreements, audits, parts, and accessories and other industrial products and tools.Company had paid a special dividend in FY 18 of Rs 202 per share out of its accumulated surplus profits. Read more

Published on 19^thJuly, 2020

Maruti Suzuki India Ltd a 100% debt free, a 38 years old company is a part of Suzuki Motor Corporation a Japanese multinational corporation headquartered in Minami-ku, Hamamatsu.In 2016, Suzuki was the eleventh biggest automaker by production worldwide. Suzuki has over 45,000 employees and has 35 production facilities in 23 countries, and 133 distributors in 192 countries. Read more

Published on 18^thNov, 2020

Supreme Industries was founded in 1942, Company is an acknowledged as a leader of India's plastics industry. Handling volumes of over 3,20,000 tonnes of polymers annually effectively makes it the country's largest plastics processors. The company offer the widest and most comprehensive range of plastic products in India. With a consistent cagr in sales growth of 23% over last 3 years and negligible debt this company is worth exploring for long term. Read more

Published on 11^thNov, 2020

This comapany we have come up with is a very unique company which is 100% debt free and if goes into liquidation or delisting can fetch huge value for the shareholders. The book value of the company is approx. 2000Rs per Share with around Rs542 crores invested in Stocks and Mutual funds. Read more

Published on 4^thNov, 2020

Sheela foam is a 49 year completely debt free India company engaged in manufacture of foam-based home comfort products as well as technical grades of polyurethane foam ('PU Foam') for end use in a wide range of industries. Sheela foam has created an overarching brand “Sleepwell” with associated with comprehensive and quality home-comfort solutions. Sheela foam with opm of above 10% and roce of above 30% (avg). Further accompanied with Sound and Aggressive management Sheela foam is worth Exploring for Long term. Read more

Published on 28^thOct, 2020

Bajaj Consumer Care Ltd (formerly known as Bajaj Corp Ltd) is 67 year old, 100% debt free and is one of India's leading FMCG companies with major brands in hair care and skin care category. The company's main brand is Bajaj Almond Drops in hair oil category. It markets its skin care products under the brand Nomarks. The company is engaged in the business of cosmetics, toiletries and other personal care products. The Company has presence in both domestic and international markets. Company has solid ROCE of about 58% , Opm of consistent above 30% and with dividend payout of more than 80% over past 3 years is worth exploring for long term. Read more

Published on 21^stOct, 2020

CESC is more then 100 Years old company part of the Kolkata-based flagship company of the RP-Sanjiv Goenka Group. The company traits back its history to the first demonstration of electric light conducted in Calcutta on 24 July 1879 by P W Fleury & Co. In 1881, 36 electric lights lit up a Cotton Mill of Mackinnon & Mackenzie.  On 7 January 1897 Kilburn & Co. secured the Calcutta electric lighting license as agents of The Indian Electric Company Limited. Read more

Published on 12^thOct, 2020

Quess Corp Limited is India’s leading business services provider and largest private-sector employer with over 3.84 lakh people on its rolls, who are deployed across e-commerce, facility management, healthcare, retail, IT services and other industry sectors.The company offers a host of services to help organizations manage their non-core activities in the areas of Workforce Management, Operating Asset Management, and Global Technology Solutions across industries and geographies. Read more

Published on 7^thOct, 2020

Oracle Financial Services Software Limited(ofss) is a completely debt free subsidiary of Oracle Corporation an American multinational computer technology corporation headquartered in Redwood Shores, California. The company offers financial institutions most comprehensive and contemporary banking applications and a technology footprint that addresses their complex IT and business requirements. The company is also provides other advance technological services relating to cloud storage , Database management, Artificial Intelligence , Machine Learning etc. OFSS has an Operating margin of more than 45% and Cash and Equivalents of about 4500 Crores as of March 2020. Read more

Published on 29^thSept, 2020

Zydus wellness is a subsidiary of Cadila Healthcare Limited having a broad spectrum of various different brands under its portfolio which includes Sugarlite, Complan, Sugar Free, Glucon-D, Everyuth, Nycil and Nutralite etc. With 3 year sales growth of over 60% , compounded profit growth of 18% and Operating profit margin in range of 18-22% Zydus Wellness is well suited to give at least **% returns over next 1-2 year period

Published on 22^thSept, 2020

JL Morison India Ltd. is an FMCG company based in Mumbai, India. The company has been in the business of building sustainable brands in India for over 80 years. In the past it has manufactured and distributed international brands like Nivea, Equal, Wella and Coty fragrances. Read more

Published on NOV 19, 2019