Indian High Return On Equity, Low Debt

Tata Consultancy Services

Market Cap: ₹8.7t

Provides information technology (IT) and IT enabled services in the Americas, Europe, India, and internationally.

Life Insurance Corporation of India

Market Cap: ₹5.1t

Provides life insurance products in India, Fiji, Mauritius, and the United Kingdom.

Infosys

Market Cap: ₹4.8t

Provides consulting, technology, outsourcing, and digital services worldwide.

BSE

Market Cap: ₹1.6t

Provides a platform for trading in equities, currencies, capital-raising, debt instruments, derivatives, mutual funds, and other securities in India and internationally.

Britannia Industries

Market Cap: ₹1.3t

Manufactures and sells various food products in India and internationally.

HDFC Asset Management

Market Cap: ₹1.2t

A publicly owned investment manager.

Marico

Market Cap: ₹1.1t

Manufactures and sells branded consumer products in India, Bangladesh, Vietnam, and internationally.

Oracle Financial Services Software

Market Cap: ₹813.9b

Provides information technology (IT) solutions to the financial services industry worldwide.

Multi Commodity Exchange of India

Market Cap: ₹789.9b

A commodity derivatives exchange, provides a platform to facilitate online trading of commodity derivatives in India.

Suzlon Energy

Market Cap: ₹753.9b

Manufactures and sells wind turbine generators and related components in India and internationally.

Nippon Life India Asset Management

Market Cap: ₹704.1b

Nippon Life Asset Management Limited is a publicly owned investment manager.

Dixon Technologies (India)

Market Cap: ₹656.8b

Manufactures and sells electronic goods in India and internationally.

Abbott India

Market Cap: ₹566.5b

Operates as a pharmaceutical company in India.

Premier Energies

Market Cap: ₹459.2b

Manufactures and sells integrated solar cells and modules in India.

Indian Railway Catering & Tourism

Market Cap: ₹451.9b

Engages in the provision of catering and hospitality, Internet ticketing, travel and tourism, and packaged drinking water services in India.

Schneider Electric Infrastructure

Market Cap: ₹321.5b

Designs, manufactures, builds, and services products and systems for electricity distribution in India and internationally.

Anand Rathi Wealth

Market Cap: ₹299.6b

Provides financial advisory, brokerage, and consultancy services in India.

HBL Engineering

Market Cap: ₹234.8b

Manufactures and sells batteries and other products in India and internationally.

Computer Age Management Services

Market Cap: ₹207.3b

Provides registrar and transfer agency services, including data processing and its related activities to financial institutions in India.

Travel Food Services

Market Cap: ₹164.3b

Manages and operates travel quick service restaurants (QSRs) and lounge in travel locations in India and internationally.

Rubicon Research

Market Cap: ₹157.5b

Operates as a specialty pharmaceutical company in India, the United States, and internationally.

International Gemological Institute

Market Cap: ₹153.1b

Engages in the certification and accreditation services for natural diamonds, laboratory grown diamonds, studded jewelry, and colored gemstones in India and internationally.

Ingersoll-Rand (India)

Market Cap: ₹144.4b

Manufactures and sells industrial air compressors and related services in India.

Indian Energy Exchange

Market Cap: ₹119.3b

Provides automated trading platform for physical delivery of electricity, renewable energy, and certificates.

Manorama Industries

Market Cap: ₹94.2b

Manufactures, processes, and supplies specialty fats and butters from tree-borne, and plant-based seeds worldwide.

Procter & Gamble Health

Market Cap: ₹88.8b

Manufactures and markets pharmaceuticals and chemical products in India and internationally.

Sanofi India

Market Cap: ₹76.6b

Manufactures and trades in drugs and pharmaceutical products in India, Singapore and internationally.

Saatvik Green Energy

Market Cap: ₹59.9b

Manufactures and sells solar photovoltaic modules in India and internationally.

Sigma Advanced Systems

Market Cap: ₹56.8b

Does not have significant operations.

SML Mahindra

Market Cap: ₹55.0b

Manufactures and sells commercial vehicles and related parts in India and internationally.

Shilchar Technologies

Market Cap: ₹49.3b

Engages in the manufacture and sale of transformers and parts in India.

Swaraj Engines

Market Cap: ₹48.6b

Manufactures and sells diesel engines and its engine components, hi-tech engine, and spare parts for tractors in India.

Websol Energy System

Market Cap: ₹48.4b

Manufactures and sells solar photovoltaic (PV) cells and modules in India.

Oriana Power

Market Cap: ₹40.7b

Provides renewable energy solutions in India.

Hawkins Cookers

Market Cap: ₹39.6b

Manufactures, trades, and sells kitchenware in India and internationally.

Crizac

Market Cap: ₹38.1b

Provides educational consultancy services in India and internationally.