Debt-free compounders
growing on their own cash
Almost no debt, ROCE above 20% and sales growing faster than 12% a year.
On 6 Nov 2026, the Debt-free compounders screen finds 91 companies on NSE and BSE. To pass, a company needs: Debt to equity below 0.1; Return on capital employed above 20%; Sales growth 3Years above 12%; and 1 more condition. The largest industry groups are Capital Goods (34) and Financial Services (11) out of 91 companies, with a median market cap of ₹7,858 Cr and a median P/E of 30.3×. Sorted by Return on capital employed (highest first), the first three are Ksolves India, Tips Music and One Global Service Provider; 813 other companies could not be tested because data was missing.
Companies that fund their growth from their own profits: debt is under a tenth of equity, return on capital employed is above 20%, and sales have compounded at more than 12% a year over three years.
91 companies pass
| 30 days | ||||||||
|---|---|---|---|---|---|---|---|---|
| 211.04 | 501 | 0.08 | 115.7% | 27.6% | 11.6% | 13.9 | ||
| 769.25 | 9,782 | 0.01 | 110.2% | 26.2% | 41.5% | 43.3 | ||
| 365.45 | 714 | 0.00 | 65.7% | 201.8% | 269.3% | 9.7 | ||
| 4,018.00 | 1,02,879 | 0.01 | 58.5% | 31.1% | – | 71.3 | ||
| 3,495.30 | 4,247 | 0.01 | 52.8% | 12.2% | 13.7% | 20.0 | ||
| 921.50 | 8,420 | 0.02 | 50.5% | 44.4% | 99.7% | – | ||
| 2,373.50 | 39,410 | 0.05 | 50.0% | 27.9% | 33.0% | 87.5 | ||
| 157.13 | 2,750 | 0.00 | 47.7% | 30.1% | 25.0% | 13.2 | ||
| 839.25 | 23,264 | 0.03 | 46.4% | 34.2% | 102.1% | 29.8 | ||
| 109.50 | 9,738 | 0.01 | 45.7% | 15.4% | 17.2% | 18.7 | ||
| 992.35 | 7,858 | 0.04 | 45.2% | 29.1% | 97.6% | 42.5 | ||
| 973.30 | 1,808 | 0.02 | 44.6% | 74.0% | 79.3% | 49.9 | ||
| 712.00 | 17,694 | 0.04 | 44.2% | 16.0% | 18.6% | 34.7 | ||
| 1,342.00 | 1,586 | 0.06 | 43.6% | 44.9% | 103.8% | 26.0 | ||
| 245.60 | 2,160 | 0.03 | 42.0% | 23.3% | 73.2% | 25.8 | ||
| 457.00 | 36,560 | 0.02 | 41.1% | 13.8% | 11.5% | 26.2 | ||
17BSEBSE | 3,800.00 | 1,54,329 | 0.00 | 40.9% | 76.5% | 124.5% | 50.8 | |
| 1,065.20 | 68,177 | 0.02 | 40.0% | 26.1% | 28.3% | 42.8 | ||
| 3,528.00 | 89,793 | 0.00 | 39.0% | 67.8% | 107.5% | 60.9 | ||
| 5,259.50 | 7,611 | 0.07 | 38.6% | 15.9% | 100.4% | 51.8 | ||
| 407.40 | 17,606 | 0.09 | 38.4% | 29.6% | 20.9% | 27.4 | ||
| 401.50 | 1,251 | 0.07 | 37.8% | 41.1% | 158.7% | 2230.6 | ||
| 2,135.70 | 24,465 | 0.01 | 36.8% | 40.0% | 48.5% | 30.6 | ||
| 153.66 | 1,430 | 0.03 | 36.4% | 49.2% | 44.3% | 10.5 | ||
| 4,048.80 | 1,12,233 | 0.00 | 35.0% | 16.1% | 24.3% | 49.8 | ||
| 177.28 | 12,658 | 0.00 | 34.6% | 18.7% | 27.4% | 18.8 | ||
| 421.15 | 40,726 | 0.03 | 34.5% | 22.5% | 45.9% | 35.9 | ||
| 78.00 | 21,060 | 0.00 | 34.3% | 12.9% | 39.2% | 26.5 | ||
| 1,498.90 | 1,753 | 0.03 | 32.8% | 39.1% | 143.2% | 63.4 | ||
| 2,606.40 | 2,768 | 0.01 | 32.7% | 28.1% | 53.4% | 27.9 | ||
| 1,462.10 | 11,243 | 0.07 | 32.2% | 28.1% | 32.1% | 30.6 | ||
| 492.75 | 15,665 | 0.02 | 31.9% | 20.4% | 22.0% | 46.6 | ||
| 396.00 | 2,89,467 | 0.00 | 31.9% | 15.5% | 26.6% | 45.3 | ||
| 878.95 | 25,438 | 0.02 | 30.7% | 14.6% | 17.8% | 25.8 | ||
| 1,870.20 | 17,013 | 0.02 | 30.6% | 18.2% | 18.6% | 65.3 | ||
| 201.05 | 3,033 | 0.06 | 30.6% | 72.2% | 220.1% | 13.9 | ||
| 7,871.00 | 1,18,613 | 0.02 | 30.4% | 26.6% | 28.1% | 37.5 | ||
| 894.30 | 1,896 | 0.02 | 30.4% | 52.1% | 60.6% | 54.7 | ||
| 576.50 | 18,532 | 0.02 | 30.3% | 29.2% | 35.1% | 65.5 | ||
| 1,790.00 | 27,919 | 0.04 | 30.0% | 21.6% | 30.3% | 20.4 | ||
| 1,331.40 | 27,826 | 0.00 | 29.7% | 27.3% | 18.2% | 55.1 | ||
| 3,307.70 | 41,333 | 0.03 | 29.4% | 13.4% | 21.5% | 32.7 | ||
| 6,053.50 | 99,859 | 0.07 | 29.4% | 20.9% | 26.5% | 53.0 | ||
| 1,785.40 | 1,087 | 0.05 | 29.1% | 22.9% | 35.9% | 19.2 | ||
| 1,840.00 | 74,222 | 0.08 | 28.5% | 19.6% | 32.2% | 30.3 | ||
| 1,167.70 | 13,900 | 0.00 | 28.5% | 15.0% | 34.2% | 31.8 | ||
| 6,774.00 | 1,43,547 | 0.02 | 28.5% | 15.4% | 18.0% | 92.3 | ||
| 3,786.60 | 31,001 | 0.01 | 27.7% | 29.4% | 62.3% | 70.9 | ||
| 115.78 | 695 | 0.03 | 27.7% | 24.2% | 9.7% | 11.8 | ||
| 541.35 | 567 | 0.08 | 27.5% | 73.3% | 88.3% | 18.0 | ||
| Median of 91 | – | 7,858 | 0.02 | 28.5% | 22.9% | 32.1% | 30.3 |
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