Top companies in India by Debt to Equity Ratio

This ranking features the top 1,778 companies in India ranked by Debt to Equity Ratio, averaging a Debt to Equity Ratio of 0.62, for January 15, 2025.

India

All sectors
Debt to Equity Ratio
#
Name
Debt to Equity Ratio
 Reported Date
Stock Price
Change
 Price (30 days) Country
1
DGCONTENT.NS

Digicontent Limited

1

DGCONTENT.NS
136.49
March 31, 2024 USD 0.70 -1.78%

India
2
NAGREEKCAP.NS

Nagreeka Capital & Infrastructure Ltd.

2

NAGREEKCAP.NS
32.57
March 31, 2024 USD 0.40 -0.81%

India
3
SIMPLEXINF.NS

Simplex Infrastructures Limited

3

SIMPLEXINF.NS
30.95
March 31, 2024 USD 3.56 5.15%

India
4
INDIGO.NS

InterGlobe Aviation Limited

4

INDIGO.NS
25.69
March 31, 2024 USD 46.16 -0.01%

India
5
KESORAMIND.NS

Kesoram Industries Limited

5

KESORAMIND.NS
23.94
March 31, 2024 USD 2.34 -0.96%

India
6
GLOBALVECT.NS

Global Vectra Helicorp Limited

6

GLOBALVECT.NS
23.72
March 31, 2024 USD 3.00 -1.43%

India
7
BFUTILITIE.NS

BF Utilities Limited

7

BFUTILITIE.NS
23.44
March 31, 2024 USD 9.56 -0.88%

India
8
MALUPAPER.NS

Malu Paper Mills Limited

8

MALUPAPER.NS
19.33
March 31, 2024 USD 0.48 3.76%

India
9
SAMPANN.BO

Sampann Utpadan India Limited

9

SAMPANN.BO
18.81
March 31, 2024 USD 0.41 -0.36%

India
10
SICALLOG.NS

Sical Logistics Limited

10

SICALLOG.NS
17.66
March 31, 2024 USD 1.52 -1.02%

India
11
PNBGILTS.NS

PNB Gilts Ltd.

11

PNBGILTS.NS
16.85
March 31, 2024 USD 1.14 3.19%

India
12
AARVEEDEN.NS

Aarvee Denims and Exports Ltd.

12

AARVEEDEN.NS
16.14
March 31, 2024 USD 1.53 -1.50%

India
13
ASIANHOTNR.NS

Asian Hotels (North) Limited

13

ASIANHOTNR.NS
14.05
March 31, 2024 USD 3.43 5.15%

India
14
KEEPLEARN.NS

DSJ Keep Learning Limited

14

KEEPLEARN.NS
13.58
March 31, 2024 USD 0.04 -1.39%

India
15
CHOLAHLDNG.NS

Cholamandalam Financial Holdings Limited

15

CHOLAHLDNG.NS
13.09
March 31, 2024 USD 17.00 0.39%

India
16
CENTRUM.NS

Centrum Capital Limited

16

CENTRUM.NS
9.90
March 31, 2024 USD 0.36 2.96%

India
17
TVSHLTD.NS

TVS Holdings Limited

17

TVSHLTD.NS
9.49
March 31, 2024 USD 111.29 1.03%

India
18
PFOCUS.NS

Prime Focus Limited

18

PFOCUS.NS
9.42
March 31, 2024 USD 1.42 4.96%

India
19
SHOPERSTOP.NS

Shoppers Stop Limited

19

SHOPERSTOP.NS
9.24
March 31, 2024 USD 7.17 2.61%

India
20
PFC.NS

Power Finance Corporation Limited

20

PFC.NS
8.52
March 31, 2024 USD 4.82 7.38%

India
21
IRFC.NS

Indian Railway Finance Corporation Limited

21

IRFC.NS
8.38
March 31, 2024 USD 1.57 5.69%

India
22
BIRLAMONEY.NS

Aditya Birla Money Limited

22

BIRLAMONEY.NS
8.03
March 31, 2024 USD 2.46 4.35%

India
23
LICHSGFIN.NS

LIC Housing Finance Limited

23

LICHSGFIN.NS
7.71
March 31, 2024 USD 6.38 3.68%

India
24
MCLEODRUSS.NS

McLeod Russel India Limited

24

MCLEODRUSS.NS
7.57
March 31, 2024 USD 0.47 -1.15%

India
25
CANFINHOME.NS

Can Fin Homes Limited

25

CANFINHOME.NS
7.29
March 31, 2024 USD 7.75 3.08%

India
26
SHAHALLOYS.NS

Shah Alloys Limited

26

SHAHALLOYS.NS
7.13
March 31, 2024 USD 0.72 -1.86%

India
27
SHIVAMAUTO.NS

Shivam Autotech Limited

27

SHIVAMAUTO.NS
7.01
March 31, 2024 USD 0.45 2.82%

India
28
BRNL.NS

Bharat Road Network Limited

28

BRNL.NS
6.99
March 31, 2024 USD 0.55 20.17%

India
29
CHOLAFIN.NS

Cholamandalam Investment and Finance Company Limited

29

CHOLAFIN.NS
6.86
March 31, 2024 USD 14.68 4.09%

India
30
ADANIGREEN.NS

Adani Green Energy Limited

30

ADANIGREEN.NS
6.60
March 31, 2024 USD 11.63 13.33%

India
31
SAKHTISUG.NS

Sakthi Sugars Limited

31

SAKHTISUG.NS
6.56
March 31, 2024 USD 0.32 6.96%

India
32
RECLTD.NS

REC Limited

32

RECLTD.NS
6.43
March 31, 2024 USD 5.50 6.74%

India
33
TATACOMM.NS

Tata Communications Limited

33

TATACOMM.NS
6.30
March 31, 2024 USD 19.37 2.88%

India
34
LEXUS.NS

Lexus Granito (India) Limited

34

LEXUS.NS
6.27
March 31, 2024 USD 0.49 3.67%

India
35
A2ZINFRA.NS

A2Z Infra Engineering Limited

35

A2ZINFRA.NS
6.15
March 31, 2024 USD 0.26 5.13%

India
36
IREDA.NS

Indian Renewable Energy Development Agency Limited

36

IREDA.NS
5.92
March 31, 2024 USD 2.38 3.34%

India
37
FMNL.NS

Future Market Networks Limited

37

FMNL.NS
5.85
March 31, 2024 USD 0.29 -1.86%

India
38
SEJALLTD.NS

Sejal Glass Limited

38

SEJALLTD.NS
5.57
March 31, 2024 USD 6.41 0.71%

India
39
TIL.NS

TIL Limited

39

TIL.NS
5.44
March 31, 2024 USD 3.26 1.62%

India
40
MHRIL.NS

Mahindra Holidays & Resorts India Limited

40

MHRIL.NS
5.23
March 31, 2024 USD 3.87 -1.71%

India
41
CCCL.NS

Consolidated Construction Consortium Limited

41

CCCL.NS
5.10
March 31, 2024 USD 0.19 0.69%

India
42
GICHSGFIN.NS

GIC Housing Finance Limited

42

GICHSGFIN.NS
4.69
March 31, 2024 USD 2.17 3.15%

India
43
MTEDUCARE.BO

MT Educare Limited

43

MTEDUCARE.BO
4.59
March 31, 2024 USD 0.03 NA

India
44
ASHOKLEY.NS

Ashok Leyland Limited

44

ASHOKLEY.NS
4.53
March 31, 2024 USD 2.43 3.91%

India
45
HUDCO.NS

Housing and Urban Development Corporation Limited

45

HUDCO.NS
4.45
March 31, 2024 USD 2.48 5.55%

India
46
IIFL.NS

IIFL Finance Limited

46

IIFL.NS
4.43
March 31, 2024 USD 4.65 2.56%

India
47
ISEC.NS

ICICI Securities Limited

47

ISEC.NS
4.30
March 31, 2024 USD 9.57 1.58%

India
48
EDELWEISS.NS

Edelweiss Financial Services Limited

48

EDELWEISS.NS
4.27
March 31, 2024 USD 1.28 2.90%

India
49
WANBURY.NS

Wanbury Limited

49

WANBURY.NS
4.17
March 31, 2024 USD 2.75 4.60%

India
50
MASFIN.NS

MAS Financial Services Limited

50

MASFIN.NS
4.17
March 31, 2024 USD 2.83 -1.19%

India
Frequently Asked Questions
  • Which company in India has the highest Debt to Equity Ratio ?

    The company in India with the highest Debt to Equity Ratio is Digicontent Limited (NSE: DGCONTENT.NS) at 136.49.

  • Which company in India has the lowest Debt to Equity Ratio ?

    The company in India with the lowest Debt to Equity Ratio is Jyoti Structures Limited (NSE: JYOTISTRUC.NS) at -74.97.