Zero-debt small-cap stocks under Rs 200 with over 100% returns

Investors often find allure in low-priced stocks, as they offer the potential for significant returns with a relatively modest capital investment. This article is tailored for those seeking promising stocks under Rs 200 with zero debt in the company.

We will delve into 5 small-cap stocks that not only boast a debt-free status but have also demonstrated remarkable growth, delivering returns exceeding 100% in the past year. Moreover, the market capitalisation of these companies falls within the range of Rs 500 crore to Rs 5,000 crore.

1. Swadeshi Polytex Limited

   Swadeshi Polytex is involved in real estate development, and the company was incorporated in 1970.

   The Swadeshi Polytex shares are currently trading at Rs 139.90 per share on the BSE, boasting a market capitalisation of Rs 545 crore. Furthermore, the company stock has delivered an impressive return of over 280% in the last year and an extraordinary 2,073% return in the past three years. Notably, the company’s borrowing stands at zero or nil, according to the latest update.

2. Bartronics India Limited

   Bartronics India is engaged in providing solutions based on barcoding, biometrics, RFID, POS, EAS, smart cards, etc. The company was incorporated in 1990.

   The Bartronics India shares are currently trading at Rs 25.95 per share on the BSE, boasting a market capitalisation of Rs 790 crore. Furthermore, the company stock has delivered an impressive return of over 128% in the last year and an extraordinary 890% in the past three years. Notably, the company’s borrowing stands at zero or nil, according to the latest update.

3. SBC Exports Limited

   SBC Exports Ltd was incorporated in 2011. It is engaged in the trading and manufacturing of garments, providing manpower supply services, and offering tour operator services. Currently, the company has 70 distributors in India and receives an average of 75 new projects every year.

   The SBC Exports shares are presently trading at Rs 24 per share on the BSE, with the current market capitalisation standing at Rs 762. Moreover, the company’s stock has exhibited an impressive return of over 119% in the last year and an extraordinary 1590% in the past three years. Currently, the company has no debt in its balance sheet, as per the latest update; earlier, it amounted to Rs 27 crore in March 2023.

4. Munjal Showa Limited

   Munjal Showa operates as an ancillary and manufactures auto components for two-wheeler and four-wheeler automotive players in the domestic market. It was established in 1985 as a result of technical and financial collaboration between the Hero Group and Showa Corporation, Japan

   The Munjal Showa shares are trading at Rs 184.15 per share on the BSE, with the current market capitalisation at Rs 736. Moreover, the company’s stock has shown an impressive return of over 100% in the last year. Notably, the company has maintained a zero-debt status since FY14, as per the latest update.

5. Swiss Military Consumer Goods Limited

   Swiss Military Consumer Goods Limited is engaged in the trading and marketing of various lifestyle products. These products include travel gear, baggage, leather accessories, sunglasses, electronics, protective masks, and other related items, all marketed under the brand SWISS MILITARY.

   The Swiss Military Consumer Goods shares are presently trading at Rs 30.70 per share on the BSE, with a market capitalization of Rs 595 crore. Additionally, the company’s stock has yielded an impressive return of approximately 100% in the last year and an extraordinary 1167% in the past three years. The company has maintained a zero-debt status for the last 10 years, except for FY22 when there was a debt of Rs 7 crore on their balance sheet.

Conclusion

Companies without debt often pique investor interest, instilling confidence due to their low or nonexistent debt levels. However, it’s essential to note that this alone should not be the sole criterion for stock selection. Other factors such as sales growth, profit growth, management quality, business models, and various other parameters should also be thoroughly examined before making investment decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.