Top Metals companies in India by Debt to Equity Ratio

This ranking features the top 56 Metals companies in India ranked by Debt to Equity Ratio, averaging a Debt to Equity Ratio of 0.52, for January 15, 2025.

India

Metals

#	Name	Debt to Equity Ratio	Reported Date	Stock Price	Change	Country
1	Shah Alloys Limited 1 SHAHALLOYS.NS	7.13	March 31, 2024	USD 0.72	-1.86%	India
2	Bedmutha Industries Limited 2 BEDMUTHA.NS	1.95	March 31, 2024	USD 2.32	1.40%	India
3	Mukand Limited 3 MUKANDLTD.NS	1.62	March 31, 2024	USD 1.33	0.74%	India
4	Pitti Engineering Limited 4 PITTIENG.NS	1.48	March 31, 2024	USD 14.37	-0.09%	India
5	Jayaswal Neco Industries Limited 5 JAYNECOIND.NS	1.43	March 31, 2024	USD 0.45	2.25%	India
6	Hisar Metal Industries Limited 6 HISARMETAL.NS	1.34	March 31, 2024	USD 2.40	5.58%	India
7	Sky Gold Limited 7 SKYGOLD.BO	1.27	March 31, 2024	USD 4.17	4.35%	India
8	Manaksia Coated Metals & Industries Limited 8 MANAKCOAT.NS	1.17	March 31, 2024	USD 1.23	-1.37%	India
9	JSW Steel Limited 9 JSWSTEEL.NS	1.13	March 31, 2024	USD 10.47	2.67%	India
10	Tata Steel Limited 10 TATASTEEL.NS	0.95	March 31, 2024	USD 1.47	3.41%	India
11	Geekay Wires Limited 11 GEEKAYWIRE.NS	0.67	March 31, 2024	USD 1.05	1.91%	India
12	Gravita India Limited 12 GRAVITA.NS	0.65	March 31, 2024	USD 24.53	4.45%	India
13	Steel Authority of India Limited 13 SAIL.NS	0.64	March 31, 2024	USD 1.22	5.94%	India
14	Hindustan Zinc Limited 14 HINDZINC.NS	0.60	March 31, 2024	USD 5.04	4.12%	India
15	Steel Exchange India Limited 15 STEELXIND.NS	0.58	March 31, 2024	USD 0.11	7.59%	India
16	Dynamic Cables Limited 16 DYCL.NS	0.56	March 31, 2024	USD 10.16	-1.18%	India
17	Goodluck India Limited 17 GOODLUCK.NS	0.53	March 31, 2024	USD 10.09	3.31%	India
18	Hindalco Industries Limited 18 HINDALCO.NS	0.53	March 31, 2024	USD 6.83	4.97%	India
19	Kritika Wires Limited 19 KRITIKA.NS	0.48	March 31, 2024	USD 0.12	-1.60%	India
20	Ramkrishna Forgings Limited 20 RKFORGE.NS	0.45	March 31, 2024	USD 10.85	2.50%	India
21	Rama Steel Tubes Limited 21 RAMASTEEL.NS	0.43	March 31, 2024	USD 0.13	3.89%	India
22	Sagardeep Alloys Limited 22 SAGARDEEP.NS	0.43	March 31, 2024	USD 0.32	3.74%	India
23	Jindal Stainless Limited 23 JSL.NS	0.42	March 31, 2024	USD 7.23	3.29%	India
24	Tube Investments of India Limited 24 TIINDIA.NS	0.41	March 31, 2024	USD 38.37	2.95%	India
25	Rajratan Global Wire Limited 25 RAJRATAN.NS	0.39	March 31, 2024	USD 5.57	2.62%	India
26	Kirloskar Ferrous Industries Limited 26 KIRLFER.BO	0.38	March 31, 2024	USD 6.86	-1.99%	India
27	Venus Pipes and Tubes Limited 27 VENUSPIPES.NS	0.37	March 31, 2024	USD 16.59	0.24%	India
28	Sarda Energy & Minerals Limited 28 SARDAEN.NS	0.35	March 31, 2024	USD 4.89	-1.57%	India
29	Mishra Dhatu Nigam Limited 29 MIDHANI.NS	0.33	March 31, 2024	USD 3.60	3.48%	India
30	Madhav Copper Limited 30 MCL.NS	0.32	March 31, 2024	USD 0.54	2.83%	India
31	Jai Balaji Industries Limited 31 JAIBALAJI.NS	0.31	March 31, 2024	USD 9.71	4.09%	India
32	Pondy Oxides And Chemicals Limited 32 POCL.NS	0.29	March 31, 2024	USD 8.89	2.82%	India
33	Vaswani Industries Limited 33 VASWANI.NS	0.27	March 31, 2024	USD 0.62	5.38%	India
34	Maan Aluminium Limited 34 MAANALU.NS	0.20	March 31, 2024	USD 1.37	0.89%	India
35	Precision Wires India Limited 35 PRECWIRE.NS	0.19	March 31, 2024	USD 1.77	2.67%	India
36	Nupur Recyclers Limited 36 NRL.NS	0.16	March 31, 2024	USD 1.07	-0.74%	India
37	Modison Limited 37 MODISONLTD.NS	0.16	March 31, 2024	USD 1.88	3.20%	India
38	Manaksia Limited 38 MANAKSIA.NS	0.13	March 31, 2024	USD 0.94	-0.42%	India
39	Shivalik Bimetal Controls Limited 39 SBCL.NS	0.12	March 31, 2024	USD 6.12	-3.32%	India
40	Prakash Industries Limited 40 PRAKASH.NS	0.12	March 31, 2024	USD 1.77	5.31%	India
41	Vardhman Special Steels Limited 41 VSSL.NS	0.12	March 31, 2024	USD 2.65	5.18%	India
42	MMTC Limited 42 MMTC.NS	0.10	March 31, 2024	USD 0.80	3.25%	India
43	Hindustan Copper Limited 43 HINDCOPPER.NS	0.10	March 31, 2024	USD 2.61	3.22%	India
44	Indian Metals and Ferro Alloys Limited 44 IMFA.NS	0.09	March 31, 2024	USD 10.45	4.72%	India
45	Goyal Aluminiums Limited 45 GOYALALUM.NS	0.08	March 31, 2024	USD 0.10	4.31%	India
46	Shyam Metalics and Energy Limited 46 SHYAMMETL.NS	0.06	March 31, 2024	USD 8.67	-1.87%	India
47	Lloyds Metals and Energy Limited 47 LLOYDSME.NS	0.06	March 31, 2024	USD 16.39	3.59%	India
48	Hardwyn India Limited 48 HARDWYN.NS	0.02	March 31, 2024	USD 0.19	5.62%	India
49	Shyam Century Ferrous Limited 49 SHYAMCENT.NS	0.02	March 31, 2024	USD 0.14	2.45%	India
50	Godawari Power & Ispat Limited 50 GPIL.NS	0.01	March 31, 2024	USD 2.14	2.19%	India

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Frequently Asked Questions

Which Metals company in India has the highest Debt to Equity Ratio ?

The Metals company in India with the highest Debt to Equity Ratio is Shah Alloys Limited (NSE: SHAHALLOYS.NS) at 7.13.
Which Metals company in India has the lowest Debt to Equity Ratio ?

The Metals company in India with the lowest Debt to Equity Ratio is VISA Steel Limited (NSE: VISASTEEL.NS) at -1.67.

What are the top 10 Metals companies in India by Debt to Equity Ratio ?

The top 10 Metals companies in India by Debt to Equity Ratio are Shah Alloys Limited, Bedmutha Industries Limited, Mukand Limited, Pitti Engineering Limited, Jayaswal Neco Industries Limited, Hisar Metal Industries Limited, Sky Gold Limited, Manaksia Coated Metals & Industries Limited, JSW Steel Limited and Tata Steel Limited.
What are the bottom 10 Metals companies in India by Debt to Equity Ratio ?

The bottom 10 Metals companies in India by Debt to Equity Ratio are VISA Steel Limited, Impex Ferro Tech Limited, MOIL Limited, Sarthak Metals Limited, Foseco India Limited, Maithan Alloys Limited, Godawari Power & Ispat Limited, Shyam Century Ferrous Limited, Hardwyn India Limited and Lloyds Metals and Energy Limited.