Debt-Free Stocks with High Promoter Holdings in 2025 – LIC, Jio Financial Services & More

In the world of equity investing, financial stability and management confidence are two key factors investors may evaluate. Companies that are debt-free typically can have balance sheets, financial flexibility, and reduced risk during economic downturns. Similarly, a high promoter holding can indicate the management's long-term commitment and alignment with shareholder interests. In this article, check debt free stocks with high promoter holdings.

Debt-Free Stocks with High Promoter Holdings

Note: The list of the debt-free stocks with high promoter holdings are as of August 6, 2025. The stocks are from the Nifty 500 universe, zero total debt and sorted based on the promoter holdings.

Overview of Debt-Free Stocks with High Promoter Holdings

1. Life Insurance Corporation Of India

Life Insurance Corporation (LIC) is the largest insurance provider company in India. The Profit After Tax (PAT) for FY 2025 stood at ₹48,151 crore, up from ₹40,676 crore in FY 2024, registering a year-on-year growth of 18.38%. Assets Under Management (AUM) increased to ₹54,52,297 crore as of March 31, 2025, compared to ₹51,21,887 crore a year earlier, reflecting a 6.45% rise year-on-year.

Key Metrics:

• ROE: 63.31%
• Net Profit Margin: 5.41%

2. New India Assurance Company Ltd

New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI). The PAT for Q1 FY26 rose by 80% to ₹391 crore. The company’s balance sheet remained strong, with Assets Under Management (AUM) standing at ₹1,00,802 crore and a net worth of ₹45,414 crore.

Key Metrics:

• ROE: 4.11%
• Net Profit Margin: 2.37%

3. General Insurance Corporation of India

General Insurance Corporation of India is involved in the business of Reinsurance. In FY25, GIC Re reported a Gross Premium of ₹41,154 crore, up from ₹37,182 crore in FY24, indicating a growth in business volume. The PAT also rose slightly to ₹6,701 crore in FY25 from ₹6,497 crore in FY24.

Key Metrics:

• ROE: 13.31%
• Net Profit Margin: 14.88%

4. Tata Investment Corporation Ltd

Tata Investment Corporation Ltd primarily focuses on investing in listed and unlisted equity shares, debt instruments, mutual funds, and similar assets across various industries. It is registered with the Reserve Bank of India (RBI) as a Non-Banking Financial Company (NBFC) under the Investment Company category. 
 
For the quarter ended June 30, 2025, Tata Investment Corporation reported a total income of ₹146.17 crore and a PAT of ₹146.30 crore. In comparison, for the same quarter in the previous year (June 30, 2024), the company recorded a total income of ₹143.19 crore and a PAT of ₹131.07 crore.

Key Metrics:

• ROE: 1.02%
• Net Profit Margin: 76.27%

5. Maharashtra Seamless Ltd

Established in 1988, Maharashtra Seamless Ltd is engaged in the manufacturing of seamless pipes and tubes, as well as ERW (Electric Resistance Welded) pipes. In Q1FY26, the company reported total revenue of ₹1,303 crore and a PAT of ₹234 crore, with a PAT margin of 20%. In comparison, during Q1FY25, the company recorded revenue of ₹1,216 crore and PAT of ₹136 crore, translating to a PAT margin of 12%.

Key Metrics:

• ROE: 18.11%
• Net Profit Margin: 14.22%

Also Read: Debt-Free High Dividend-Paying Stocks!

Conclusion

While these factors like debt and promoters holding are worth considering, it's essential to conduct thorough research and assess the broader market context before making investment decisions.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.