Debt-Free Stocks Under 200 Rs – Debt-Free Stocks

The table below shows Debt Free Stocks Under 200 Rs – Debt Free Stocks based on the Highest Market Capitalization & 1Y Return.

Name	Market Cap (Cr)	Close Price (rs)	1Y Return (%)
Maruti Suzuki India Ltd	414659.06	12647.35	22.23
Supreme Industries Ltd	68689.72	5178.40	28.96
Schaeffler India Ltd	61441.41	3886.50	18.42
Procter & Gamble Hygiene and Health Care Ltd	54306.97	16633.25	-6.48
Honeywell Automation India Ltd	43634.37	48587.35	22.00
AIA Engineering Ltd	40609.76	4270.35	20.86
ZF Commercial Vehicle Control Systems India Ltd	30551.75	16107.35	4.35
SKF India Ltd	26898.95	5440.95	3.10
Fine Organic Industries Ltd	16355.87	5154.00	5.94
Paushak Ltd	1697.77	5372.00	-14.95

Introduction to List Of Debt-Free Stocks Under 200 Rs

Maruti Suzuki India Ltd

Maruti Suzuki India Limited, established in 1981, is India’s largest passenger car manufacturer. Under the leadership of RC Bhargava as Chairman, the company offers a diverse portfolio through three sales channels: NEXA, Arena, and Commercial. With popular models like Baleno, Swift, and Brezza, it dominates India’s automotive market with over 40 years of excellence.

• Market Cap: ₹414,659.06 Cr

• Current Share Price: ₹12,647.35

• Returns: 1Y (22.23%), 1M (5.73%), 6M (1.77%)

• 5Y Average Net Profit Margin: 6.70%

• Dividend Yield: 0.08%

• 5Y CAGR: 13.57%

• Sector: Four Wheelers

Supreme Industries Ltd

Supreme Industries, founded in 1942, stands as India’s leading plastic products manufacturer. With 28 manufacturing facilities nationwide, the company excels in four key segments: Plastics piping, Industrial products, Packaging products, and Consumer products, offering comprehensive solutions across various industrial applications.

• Market Cap: ₹68,689.72 Cr

• Current Share Price: ₹5,178.40

• Returns: 1Y (28.96%), 1M (1.40%), 6M (23.41%)

• 5Y Average Net Profit Margin: 11.03%

• Dividend Yield: 0.21%

• 5Y CAGR: 35.49%

• Sector: Plastic Products

Schaeffler India Ltd

Schaeffler India Limited, established in 1962, is a leading automotive and industrial component supplier. Under the leadership of Harsha Kadam as MD & CEO, the company manufactures components for engine, transmission, and chassis applications spanning hybrid, electric, and combustion vehicles through their flagship brands LuK, INA and FAG.

• Market Cap: ₹61,441.41 Cr

• Current Share Price: ₹3,886.5

• Returns: 1Y (18.42%), 1M (1.22%), 6M (20.63%)

• 5Y Average Net Profit Margin: Not Available

• Dividend Yield: 0.30%

• 5Y CAGR: 35.17%

• Sector: Auto Parts

Procter & Gamble Hygiene and Health Care Ltd

Procter & Gamble Hygiene and Health Care Ltd, part of the global P&G group, is a leading FMCG company in India. The company specializes in feminine care and healthcare products, with popular brands including Whisper, Vicks, and Old Spice, offering a comprehensive range of personal care and healthcare solutions.

• Market Cap: ₹54,306.97 Cr

• Current Share Price: ₹16,633.25

• Returns: 1Y (-6.48%), 1M (1.35%), 6M (1.45%)

• 5Y Average Net Profit Margin: 15.98%

• Dividend Yield: 0.19%

• 5Y CAGR: 7.95%

• Sector: FMCG – Personal Products

Honeywell Automation India Ltd

Honeywell Automation India Limited (HAIL), a subsidiary of Honeywell International, is a leader in providing automation and control solutions in India. The company operates through three main sectors: Process Solutions, Building Solutions, and Advanced Sensing Technologies, delivering cutting-edge automation products and services across industrial sectors.

• Market Cap: ₹43,634.37 Cr

• Current Share Price: ₹48,587.35

• Returns: 1Y (22.00%), 1M (-2.30%), 6M (19.79%)

• 5Y Average Net Profit Margin: 12.92%

• Dividend Yield: 0.39%

• 5Y CAGR: 11.42%

• Sector: Electronic Equipments

AIA Engineering Ltd

AIA Engineering Limited, established in India, is a global leader in high chromium wear parts manufacturing. The company specializes in producing wear-resistant castings used in cement, mining, and thermal power generation industries, offering comprehensive services including mill audits and turnkey installation projects.

• Market Cap: ₹40,609.76 Cr

• Current Share Price: ₹4,270.35

• Returns: 1Y (20.86%), 1M (0.59%), 6M (7.17%)

• 5Y Average Net Profit Margin: 19.36%

• Dividend Yield: 0.25%

• 5Y CAGR: 19.84%

• Sector: Industrial Machinery

ZF Commercial Vehicle Control Systems India Ltd

ZF Commercial Vehicle Control Systems India Ltd is a major player in the automotive components sector, specializing in commercial vehicle control systems. The company provides advanced braking solutions and control systems for commercial vehicles, enhancing vehicle safety and performance.

• Market Cap: ₹30,551.75 Cr

• Current Share Price: ₹16,107.35

• Returns: 1Y (4.35%), 1M (4.32%), 6M (7.24%)

• 5Y Average Net Profit Margin: Not Available

• Dividend Yield: 0.62%

• 5Y CAGR: 20.16%

• Sector: Auto Parts

SKF India Ltd

SKF India Limited, a subsidiary of the global SKF Group, is a leading manufacturer of bearings and related products. With manufacturing facilities in Pune, Bangalore, and Haridwar, the company serves diverse industries including aerospace, automotive, and industrial machinery with its comprehensive range of bearing solutions.

• Market Cap: ₹26,898.95 Cr

• Current Share Price: ₹5,440.95

• Returns: 1Y (3.10%), 1M (3.56%), 6M (23.12%)

• 5Y Average Net Profit Margin: Not Available

• 5Y CAGR: 20.39%

• Sector: Industrial Machinery

Fine Organic Industries Ltd

Fine Organic Industries Limited, established in India, is a leading producer of oleochemical-based additives. The company manufactures specialty additives for food, plastics, cosmetics, and coatings industries, with a global presence through subsidiaries in the USA and Europe.

• Market Cap: ₹16,355.87 Cr

• Current Share Price: ₹5,154

• Returns: 1Y (5.94%), 1M (1.04%), 6M (20.98%)

• 5Y Average Net Profit Margin: 15.68%

• Dividend Yield: 0.66%

• 5Y CAGR: 24.34%

• Sector: Specialty Chemicals

Paushak Ltd

Paushak Limited is a specialized pharmaceutical company focusing on phosgene-based specialty chemicals and intermediates manufacturing. The company produces various organic intermediates including Isocyanates, Chloroformates, and Carbonyl Chlorides, serving the pharmaceutical and chemical industries.

• Market Cap: ₹1,697.77 Cr

• Current Share Price: ₹5,372

• Returns: 1Y (-14.95%), 1M (-7.45%), 6M (1.47%)

• 5Y Average Net Profit Margin: 24.37%

• Dividend Yield: 0.15%

• 5Y CAGR: 17.66%

• Sector: Specialty Chemicals

What are Debt Free Stocks?

Debt-free stocks are shares of companies that operate with zero or minimal long-term debt on their balance sheets. Despite their low share price (under ₹200), these companies maintain strong financial health by funding operations through internal accruals and equity, demonstrating efficient capital management.

These companies typically generate sufficient cash flows to fund their operations and growth initiatives without external borrowing. Their debt-free status often indicates strong business fundamentals and efficient working capital management.

The low share price combined with debt-free status can make these stocks attractive to investors seeking quality companies at affordable prices. However, it’s important to note that share price alone doesn’t indicate business quality or investment potential.

Features Of Best Debt-Free Stocks Under 200 In India

The main features of debt-free stocks under ₹200 include strong financial health, efficient operations, stable cash flows and quality management. These characteristics make them attractive for investors seeking stable growth at affordable prices.

• Strong Financials: Companies maintain healthy balance sheets without debt burden, demonstrating efficient capital management and strong operational performance.

• Cash Flow Management: These firms generate consistent operating cash flows, enabling them to fund operations and growth without external borrowing.

• Operational Efficiency: Debt-free status often indicates superior cost management and operational effectiveness, leading to better profit margins.

• Growth Potential: Companies can reinvest profits into business expansion or return capital to shareholders through dividends.

• Management Quality: Zero-debt policy reflects disciplined management with conservative financial practices and a strong business focus.

List Of Debt-Free Stocks Under Rs 200 Based on 6-Month Return

The table below shows a List Of Debt Free Stocks Under Rs 200 Based on 6 Month Return.

Name	Close Price (rs)	6M Return
Supreme Industries Ltd	5178.40	23.41
SKF India Ltd	5440.95	23.12
Fine Organic Industries Ltd	5154.00	20.98
Schaeffler India Ltd	3886.50	20.63
Honeywell Automation India Ltd	48587.35	19.79
ZF Commercial Vehicle Control Systems India Ltd	16107.35	7.24
AIA Engineering Ltd	4270.35	7.17
Maruti Suzuki India Ltd	12647.35	1.77
Paushak Ltd	5372.00	1.47
Procter & Gamble Hygiene and Health Care Ltd	16633.25	1.45

Best Debt-Free Stocks Below 200 Rs Based on 5-Year Net Profit Margin

The table below shows the Best Debt Free Stocks Below 200 Rs Based on 5 Year Net Profit Margin.

Name	5Y Avg Net Profit Margin %	Close Price (rs)
Paushak Ltd	24.37	5372.00
AIA Engineering Ltd	19.36	4270.35
Procter & Gamble Hygiene and Health Care Ltd	15.98	16633.25
Fine Organic Industries Ltd	15.68	5154.00
Honeywell Automation India Ltd	12.92	48587.35
Supreme Industries Ltd	11.03	5178.40
Maruti Suzuki India Ltd	6.70	12647.35

Debt-Free Stocks Under 200 In India Based on 1M Return

The table below shows Debt Free Stocks Under 200 In India Based on 1M Return.

Name	Close Price (rs)	1M Return (%)
Maruti Suzuki India Ltd	12647.35	5.73
ZF Commercial Vehicle Control Systems India Ltd	16107.35	4.32
SKF India Ltd	5440.95	3.56
Supreme Industries Ltd	5178.40	1.40
Procter & Gamble Hygiene and Health Care Ltd	16633.25	1.35
Schaeffler India Ltd	3886.50	1.22
Fine Organic Industries Ltd	5154.00	1.04
AIA Engineering Ltd	4270.35	0.59
Honeywell Automation India Ltd	48587.35	-2.30
Paushak Ltd	5372.00	-7.45

High Dividend Yield Debt Free Stocks Under 200 Rs

The table below shows High Dividend Yield Debt Free Stocks Under 200 Rs.

Name	Close Price (rs)	Dividend Yield
Fine Organic Industries Ltd	5154.00	0.66
ZF Commercial Vehicle Control Systems India Ltd	16107.35	0.62
Honeywell Automation India Ltd	48587.35	0.39
Schaeffler India Ltd	3886.50	0.30
AIA Engineering Ltd	4270.35	0.25
Supreme Industries Ltd	5178.40	0.21
Procter & Gamble Hygiene and Health Care Ltd	16633.25	0.19
Paushak Ltd	5372.00	0.15
Maruti Suzuki India Ltd	12647.35	0.08

Historical Performance of Debt-Free Stocks Under 200 Rs

The table below shows the Historical Performance of Debt Free Stocks Under 200 Rs based on % year return and market capitalization.

Name	Market Cap (Cr)	Close Price (rs)	5Y CAGR %
Supreme Industries Ltd	68689.72	5178.40	35.49
Schaeffler India Ltd	61441.41	3886.50	35.17
Fine Organic Industries Ltd	16355.87	5154.00	24.34
SKF India Ltd	26898.95	5440.95	20.39
ZF Commercial Vehicle Control Systems India Ltd	30551.75	16107.35	20.16
AIA Engineering Ltd	40609.76	4270.35	19.84
Paushak Ltd	1697.77	5372.00	17.66
Maruti Suzuki India Ltd	414659.06	12647.35	13.57
Honeywell Automation India Ltd	43634.37	48587.35	11.42
Procter & Gamble Hygiene and Health Care Ltd	54306.97	16633.25	7.95

Factors To Consider When Investing In Debt-Free Stocks Under 200 Rs

When evaluating debt-free stocks under ₹200, examine the company’s business model, cash flow generation and working capital management. Consider their market position, competitive advantages and growth prospects despite the lower share price.

Look at factors like management quality, corporate governance and sector dynamics. Analyze financial metrics beyond just debt status, including profitability trends, return on equity and asset utilization efficiency.

How To Invest In Debt-Free Stocks Under 200 Rs?

Listed below are the steps for investing in the Debt Free Stocks Under 200 Rs:

• Research and find out the top-performing stocks in the market.

• Evaluate and assess your risk appetite and fix your financial goals.

• Shortlist the stocks based on your fundamental and technical analysis.

• Find reliable stockbrokers like Alice Blue to open a demat account.

• Invest in the shortlisted stocks and monitor them regularly.

Impact of Government Policies on Debt-Free Stocks Under 200 Rs

Government policies related to taxation, industry regulations and economic reforms can significantly impact these companies. However, their debt-free status often provides greater flexibility in adapting to policy changes without financial strain.

These companies typically show resilience to policy changes due to their strong balance sheets and operational efficiency. The absence of debt obligations allows them to focus on business adaptation rather than managing financial pressures.

How Debt-Free Stocks Perform In Economic Downturns?

Debt-free stocks under ₹200 often demonstrate better resilience during economic downturns compared to leveraged companies. Their absence of interest obligations provides financial flexibility during challenging times.

These companies can typically maintain operations and market position during difficult periods due to their strong balance sheets. Their efficient cost structures and lack of debt burden often help them weather economic challenges more effectively.

Advantages Of Investing In Debt-Free Stocks Under 200 Rs

The main advantages of investing in debt-free stocks under ₹200 include financial stability, lower risk and growth potential at affordable prices. Their combination of strong fundamentals and accessible price points makes them attractive investment options.

• Financial Stability: Zero debt means no interest burden, leading to better profitability and financial flexibility during market fluctuations.

• Growth Potential: Companies can utilize their profits for business expansion or shareholder returns without debt service obligations.

• Low Entry Barrier: A price point under ₹200 makes these stocks accessible to retail investors while offering quality business exposure.

• Operational Freedom: The absence of debt allows companies to make business decisions based purely on growth opportunities rather than debt considerations.

• Management Quality: Debt-free status often indicates prudent management and sustainable business practices, enhancing long-term investment potential.

Risks Of Investing In Debt-Free Stocks Under 200 Rs

The main risks include market volatility, liquidity concerns and potential growth limitations. Understanding these risks is crucial for making informed investment decisions.

• Market Volatility: Lower-priced stocks can experience significant price fluctuations, requiring careful investment timing and risk management.

• Liquidity Risk: Some stocks in this category might have lower trading volumes, making it difficult to buy or sell large quantities.

• Growth Limitations: A Conservative financial approach might result in slower growth compared to companies utilizing strategic leverage.

• Sector Risks: Company performance remains subject to sector-specific challenges and competitive pressures.

• Valuation Risk: Lower price doesn’t necessarily indicate undervaluation; thorough analysis is needed to assess true value.

Debt-Free Stocks Under 200 Rs GDP Contribution

Debt-free companies under ₹200 contribute to GDP through efficient business operations and sustainable growth practices. Their focus on operational efficiency and organic growth supports economic stability.

These companies often operate in diverse sectors, contributing to employment generation and economic development. Their successful debt-free operations serve as models for sustainable business practices in the economy.

Who Should Invest In Debt-Free Stocks Under 200 Rs?

These stocks are suitable for investors seeking quality investments at affordable prices. They appeal to those who prefer companies with strong financial health and conservative management practices.

Particularly appropriate for risk-aware investors looking to build a portfolio of fundamentally strong companies. However, investors should conduct thorough research and maintain a diversified portfolio approach.

Top Debt-Free Stocks Under 200 Rs – FAQs

Disclaimer: The above article is written for educational purposes and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.