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Cash-rich (net-cash) companies in India (November 2026)

Debt-light, cash-generative companies that fund their own growth — balance-sheet resilience, ranked by quality.

#CompanyQualityDiscountOur call
1Prudent Corporate Advisory Services LtdPRUDENT · Financial Services94-59%Watch
2HD Fire Protect LtdHDFIRE · Industrials94-34%Watch
3National Stock Exchange Of India Ltd544937.BO · Financial Services93-27%Watch
4HDFC Asset Management Company LtdHDFCAMC · Financial Services93-3%Buy candidate
5Eicher Motors LtdEICHERMOT · Consumer Discretionary93-40%Watch
6Computer Age Management Services LtdCAMS · Financial Services93-19%Watch
7Indian Energy Exchange LtdIEX · Financial Services92+34%Buy candidate
8Central Mine Planning & Design Institute LtdCMPDI · Industrials90+38%Buy candidate
9Polycab India LtdPOLYCAB · Industrials90-54%Watch
10Indiamart Intermesh LtdINDIAMART · Consumer Discretionary90+5%Buy candidate
11Raghav Productivity Enhancers LtdRPEL · Industrials89-455%Watch
12S J S Enterprises LtdSJS · Consumer Discretionary89-47%Watch
13Pidilite Industries LtdPIDILITIND · Commodities89-348%Watch
14Central Depository Services (India) LtdCDSL · Financial Services89-78%Watch
15Triveni Turbine LtdTRITURBINE · Industrials88-64%Watch
16Kirloskar Pneumatic Company LtdKIRLPNU · Industrials88-17%Watch
17SBI Funds Management LtdSBIFUNDS · Financial Services88-15%Watch
18Cummins India LtdCUMMINSIND · Industrials88-159%Watch
19Abbott India LtdABBOTINDIA · Healthcare88-55%Watch
20Crizac LtdCRIZAC · Consumer Discretionary88+59%Buy candidate
21Canara Robeco Asset Management Company LtdCRAMC · Financial Services88+32%Buy candidate
22Hindustan Unilever LtdHINDUNILVR · Fast Moving Consumer Goods87-43%Watch
23Newgen Software Technologies LtdNEWGEN · Information Technology86+36%Buy candidate
24Affle 3i LtdAFFLE · Information Technology86-39%Watch
25Supriya Lifescience LtdSUPRIYA · Healthcare85-3%Buy candidate
26Acutaas Chemicals LtdACUTAAS · Healthcare85-609%Watch
27Stylam Industries LtdSTYLAMIND · Consumer Discretionary85+7%Buy candidate
28J B Chemicals & Pharmaceuticals LtdJBCHEPHARM · Healthcare85-90%Watch
29Bharat Electronics LtdBEL · Industrials85-283%Watch
30National Securities Depository Ltd544467.BO · Financial Services84-28%Watch
31Sharda Motor Industries LtdSHARDAMOTR · Consumer Discretionary84+62%Buy candidate
32Anthem Biosciences LtdANTHEM · Healthcare84-140%Watch
33Sacheerome LtdSACHEEROME · Commodities83-261%Watch
34Mazagon Dock Shipbuilders LtdMAZDOCK · Industrials83-323%Avoid
35ICICI Prudential Asset Management Co LtdICICIAMC · Financial Services83-507%Watch
36Alivus Life Sciences LtdALIVUS · Healthcare82-71%Watch
37ICICI Lombard General Insurance Company LtdICICIGI · Financial Services82-15%Pass
38Swaraj Engines LtdSWARAJENG · Industrials82+6%Buy candidate
39Indian Railway Catering & Tourism Corporation LtdIRCTC · Consumer Discretionary81-118%Watch
40Emkay Tools LtdETL · Industrials81-135%Watch
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Quality score is a 0–100 rating of business quality; discount is versus our estimate of fair value. RichFakir is a free educational research tool, not investment advice — figures are estimates from public filings and may contain errors. Do your own research.