Sign in to fuzzto save your conversations, follow your research and come back anytime.
Companies where total borrowings have consistently declined over multiple financial years.
| Company Name | Sector | Market Cap (Cr) | ROCE FY25 | Debt/Equity Ratio (Stock) | Day Change | Dividend Yield (Stock) | P/E (Stock) | Sales (Con.) FY26 Q4 | Total Debt FY25 | Total Debt FY24 | Total Debt FY23 | Total Debt FY22 | Total Debt FY21 | Consecutive Decline Years | Debt Reduction Trend | Total Debt Reduction % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumer Discretionary | 97,087.56 | 16.52 | 0.66 | 264.35+0.75 (+0.28%) | 1.14 | 1.22 | 1,05,447.00 | 40,217.00 | 62,149.00 | 88,695.80 | 97,759.20 | 93,112.80 | 3.00 | 3 Year Decline | 56.81 | |
| Industrials | 5,23,018.96 | 19.30 | 1.25 | 3,822.60+21.30 (+0.56%) | 1.00 | 25.06 | 82,762.20 | 57,503.30 | 56,507.00 | 61,217.70 | 61,618.30 | 82,120.00 | 0.00 | No Decline | 29.98 | |
| Utilities | 2,33,817.20 | 13.08 | 1.44 | 260.40+9.00 (+3.58%) | 3.58 | 14.69 | 11,665.60 | 1,09,858.00 | 1,05,067.00 | 1,13,891.00 | 1,14,199.00 | 1,29,175.00 | 0.00 | No Decline | 14.95 | |
| Utilities | 3,55,976.18 | 20.49 | 0.77 | 191.53+6.94 (+3.76%) | 0.00 | 19.10 | 14,223.10 | 27,647.00 | 26,595.00 | 33,702.60 | 37,871.30 | 39,957.00 | 0.00 | No Decline | 30.81 | |
| Energy | 1,24,515.10 | 17.50 | 0.64 | 288.00+1.00 (+0.35%) | 6.00 | 7.88 | 1,18,701.00 | 26,527.90 | 26,877.10 | 41,369.40 | 36,358.90 | 35,740.20 | 2.00 | 2 Year Decline | 25.78 | |
| Metals & Mining | 66,914.51 | 7.32 | 0.58 | 160.44-1.56 (-0.96%) | 1.45 | 11.92 | 30,813.50 | 10,101.00 | 9,568.21 | 6,112.58 | 8,135.81 | 17,906.60 | 0.00 | No Decline | 43.59 | |
| Energy | 30,302.43 | 5.12 | 1.05 | 173.35+0.45 (+0.26%) | 2.31 | 6.87 | 23,949.70 | 8,228.97 | 8,921.08 | 12,418.00 | 14,215.50 | 15,699.30 | 4.00 | 3 Year Decline | 47.58 | |
| Utilities | 7,192.11 | 7.28 | 1.00 | 18.85+1.46 (+8.40%) | 0.00 | 0.00 | 1,887.26 | 10,243.60 | 9,409.48 | 12,240.40 | 14,214.20 | 16,831.50 | 0.00 | No Decline | 39.14 | |
| Metals & Mining | 1,06,915.43 | 11.00 | 0.42 | 1,055.70+7.60 (+0.73%) | 0.19 | 37.72 | 16,217.90 | 14,005.40 | 10,058.50 | 7,207.63 | 8,434.30 | 20,230.40 | 0.00 | No Decline | 30.77 | |
| Utilities | 4,046.40 | 18.43 | 0.40 | 140.43+3.73 (+2.73%) | 6.22 | 6.90 | 3,897.52 | 1,758.48 | 2,804.05 | 4,833.13 | 6,061.08 | 7,704.26 | 5.00 | 5+ Year Decline | 77.18 | |
| Utilities | 3,356.32 | 8.06 | 0.72 | 6.24-0.01 (-0.16%) | 0.00 | 29.76 | 787.69 | 3,262.40 | 3,099.38 | 2,553.91 | 7,129.91 | 9,203.43 | 0.00 | No Decline | 64.55 | |
| Capital Goods | 51,271.00 | 25.94 | 0.06 | 36.72-0.58 (-1.55%) | 0.00 | 16.16 | 5,493.25 | 129.19 | 49.87 | 1,517.27 | 5,592.44 | 6,027.20 | 0.00 | No Decline | 97.86 | |
| Telecom | 12,15,712.00 | 14.72 | 1.56 | 1,961.70+13.60 (+0.70%) | 1.20 | 33.42 | 55,383.20 | 1,04,864.00 | 1,30,963.00 | 1,51,569.00 | 1,13,535.00 | 1,10,560.00 | 2.00 | 2 Year Decline | 5.15 | |
| Industrials | 2,701.10 | 24.52 | 0.33 | 97.80+1.58 (+1.64%) | 0.00 | 1.09 | 1,954.30 | 727.82 | 3,789.83 | 3,859.91 | 2,936.42 | 5,875.55 | 2.00 | 2 Year Decline | 87.61 | |
| Utilities | 1,903.40 | 8.62 | 0.35 | 47.51+0.93 (+2.00%) | 0.00 | 0.36 | 4,001.28 | 1,933.12 | 3,170.38 | 4,434.80 | 5,452.25 | 6,472.90 | 5.00 | 5+ Year Decline | 70.14 | |
| Chemicals | 45,281.24 | 9.61 | 0.76 | 540.10+3.70 (+0.69%) | 1.12 | 19.45 | 18,335.00 | 18,263.00 | 24,010.00 | 20,144.00 | 21,605.00 | 22,141.00 | 1.00 | 1 Year Decline | 17.52 | |
| Information Technology | 3,80,048.80 | 30.84 | 0.08 | 1,391.90-8.60 (-0.61%) | 3.86 | 20.73 | 33,981.00 | 70.00 | 2,223.00 | 2,111.00 | 3,923.00 | 3,828.00 | 1.00 | 1 Year Decline | 98.17 | |
| Healthcare | 64,911.67 | 21.37 | 0.16 | 2,317.40+17.40 (+0.76%) | 0.22 | 36.11 | 3,770.59 | 512.70 | 0.00 | 3,852.14 | 2,571.74 | 3,888.82 | 0.00 | No Decline | 86.82 | |
| Construction Materials | 11,930.80 | 5.49 | 0.49 | 333.35-0.70 (-0.21%) | 0.00 | 28.79 | 3,306.75 | 2,363.22 | 2,878.26 | 3,325.43 | 4,183.37 | 5,561.24 | 4.00 | 3 Year Decline | 57.51 | |
| Chemicals | 14,405.50 | 23.15 | 0.05 | 365.60+6.05 (+1.68%) | 3.06 | 7.47 | 2,785.03 | 82.33 | 1,144.22 | 1,820.41 | 2,471.24 | 3,146.81 | 5.00 | 5+ Year Decline | 97.38 | |
| Consumer Discretionary | 1,00,643.00 | 19.14 | 0.40 | 1,011.40+4.30 (+0.43%) | 0.42 | 24.45 | 4,713.50 | 1,216.30 | 1,970.10 | 2,256.80 | 2,715.60 | 4,267.58 | 4.00 | 3 Year Decline | 71.50 | |
| Consumer Discretionary | 24,584.80 | 12.55 | 0.26 | 384.70-2.40 (-0.62%) | 1.55 | 14.35 | 7,335.67 | 1,829.19 | 2,672.75 | 3,789.84 | 4,408.47 | 4,786.46 | 5.00 | 5+ Year Decline | 61.78 | |
| Energy | 1,83,787.90 | 9.84 | 0.70 | 129.63-0.52 (-0.40%) | 6.20 | 5.13 | 2,08,289.00 | 51,755.80 | 46,792.90 | 63,312.90 | 55,944.50 | 54,685.00 | 0.00 | No Decline | 5.36 | |
| Services | 22,270.25 | 16.83 | 0.10 | 1,618.00+58.10 (+3.72%) | 2.25 | 5.95 | 1,511.40 | 1,487.86 | 2,407.72 | 3,021.04 | 3,977.48 | 4,394.34 | 5.00 | 5+ Year Decline | 66.14 | |
| Energy | 22,655.38 | 5.49 | 0.26 | 1,499.00-22.40 (-1.47%) | 4.08 | 3.97 | 16,817.30 | 158.12 | 1,334.70 | 2,159.19 | 2,391.55 | 3,004.64 | 4.00 | 3 Year Decline | 94.74 | |
| Metals & Mining | 2,00,845.90 | 14.02 | 0.63 | 881.15-12.60 (-1.41%) | 0.55 | 12.22 | 78,133.00 | 56,217.00 | 47,395.00 | 51,434.00 | 51,635.00 | 58,985.00 | 0.00 | No Decline | 4.69 | |
| Consumer Discretionary | 1,827.00 | 4.23 | 0.00 | 89.54+1.08 (+1.22%) | 0.45 | 90.15 | 395.84 | 2.94 | 2.75 | 2,699.40 | 3,149.63 | 2,500.72 | 0.00 | No Decline | 99.88 | |
| Consumer Services | 1,14,614.76 | 23.18 | 0.24 | 810.35+5.15 (+0.64%) | 0.40 | 48.47 | 2,765.29 | 203.15 | 46.74 | 330.98 | 1,387.91 | 2,223.83 | 0.00 | No Decline | 90.86 | |
| FMCG | 14,706.95 | 7.86 | 0.10 | 443.70-7.40 (-1.64%) | 0.67 | 58.80 | 657.08 | 0.00 | 0.00 | 0.00 | 0.00 | 1,954.00 | 0.00 | No Decline | 100.00 | |
| Telecom | 47,922.90 | 15.82 | 3.80 | 1,696.60+15.60 (+0.93%) | 1.04 | 44.02 | 6,554.15 | 6,996.71 | 4,745.73 | 5,008.58 | 5,990.92 | 8,886.39 | 0.00 | No Decline | 21.26 | |
| Healthcare | 1,73,333.63 | 30.65 | 1.14 | 4,569.80+12.80 (+0.28%) | 0.74 | 82.64 | 4,197.00 | 1,191.75 | 1,603.78 | 2,496.22 | 2,123.22 | 2,941.07 | 2.00 | 2 Year Decline | 59.48 | |
| Capital Goods | 2,144.60 | 23.44 | 1.31 | 149.88+1.46 (+0.98%) | 2.03 | 3.38 | 1,269.09 | 107.25 | 1,433.09 | 1,448.39 | 885.69 | 1,763.49 | 2.00 | 2 Year Decline | 93.92 | |
| Consumer Discretionary | 1,64,930.20 | 7.11 | 0.05 | 672.10+5.80 (+0.87%) | 1.20 | 36.26 | 1,814.06 | 1,672.07 | 2,438.99 | 1,049.66 | 2,189.46 | 3,294.80 | 1.00 | 1 Year Decline | 49.25 | |
| Industrials | 7,633.91 | 17.17 | 0.33 | 126.01+1.07 (+0.86%) | 7.44 | 19.54 | 187.94 | 1,964.01 | 973.05 | 0.00 | 4,433.77 | 3,558.77 | 0.00 | No Decline | 44.81 | |
| Chemicals | 7,033.00 | 5.50 | 1.30 | 206.29-2.81 (-1.34%) | 0.48 | 10.54 | 4,520.73 | 6,484.21 | 7,317.71 | 7,795.49 | 7,443.62 | 8,001.20 | 2.00 | 2 Year Decline | 18.96 | |
| Utilities | 8,888.90 | 10.06 | 0.28 | 13.03+0.06 (+0.46%) | 0.00 | 18.03 | 1,386.43 | 3,242.16 | 3,624.82 | 3,991.65 | 4,451.30 | 4,751.50 | 5.00 | 5+ Year Decline | 31.77 | |
| Industrials | 529.15 | - | 0.00 | 56.10+1.83 (+3.37%) | 0.00 | 0.09 | 13.89 | 63.01 | 1,669.00 | 1,605.71 | 1,511.23 | 1,534.00 | 1.00 | 1 Year Decline | 95.89 | |
| Industrials | 2,077.30 | 17.17 | 0.29 | 309.55+9.35 (+3.11%) | 0.33 | 8.54 | 506.68 | 121.81 | 580.10 | 368.53 | 387.00 | 1,590.71 | 1.00 | 1 Year Decline | 92.34 | |
| Utilities | 14,208.10 | 15.59 | 0.19 | 517.80+16.30 (+3.25%) | 1.69 | 14.62 | 1,142.85 | 823.39 | 305.00 | 1,574.89 | 1,855.56 | 2,242.79 | 0.00 | No Decline | 63.29 | |
| Telecom | 98,403.50 | 28.12 | 0.59 | 378.85+5.85 (+1.57%) | 3.78 | 13.75 | 8,101.00 | 153.20 | 1,504.40 | 2,434.00 | 2,373.90 | 1,505.10 | 2.00 | 2 Year Decline | 89.82 | |
| Healthcare | 58,354.11 | 12.55 | 0.58 | 677.55+8.10 (+1.21%) | 0.27 | 160.97 | 1,182.38 | 483.71 | 446.08 | 1,312.30 | 1,466.40 | 1,754.80 | 0.00 | No Decline | 72.44 | |
| FMCG | 4,260.20 | 2.99 | 1.79 | 17.71-0.11 (-0.62%) | 0.00 | 36.94 | 1,668.71 | 3,561.17 | 3,553.21 | 3,851.15 | 4,243.82 | 4,802.32 | 0.00 | No Decline | 25.84 | |
| Capital Goods | 1,749.37 | 7.89 | 0.73 | 23.87-0.61 (-2.49%) | 0.00 | 0.00 | 1,823.97 | 1,282.30 | 1,464.90 | 1,386.00 | 3,564.36 | 2,491.73 | 1.00 | 1 Year Decline | 48.54 | |
| Healthcare | 1,10,321.10 | 22.83 | 0.02 | 1,360.40-5.20 (-0.38%) | 0.96 | 38.49 | 6,541.20 | 11.98 | 0.00 | 0.00 | 416.24 | 1,202.75 | 0.00 | No Decline | 99.00 | |
| Services | 11,388.79 | 10.18 | 0.28 | 251.20+6.70 (+2.74%) | 3.06 | 7.05 | 1,513.21 | 1,509.03 | 1,565.59 | 1,659.15 | 2,146.19 | 2,663.78 | 4.00 | 3 Year Decline | 43.35 | |
| FMCG | 1,36,821.90 | 23.89 | 0.15 | 413.55+9.05 (+2.24%) | 0.37 | 40.18 | 6,574.19 | 840.69 | 3,188.94 | 1,727.02 | 1,813.33 | 1,979.62 | 1.00 | 1 Year Decline | 57.53 | |
| Forest Materials | 6,801.30 | 9.98 | 0.40 | 380.20+5.10 (+1.36%) | 1.06 | 20.80 | 1,965.95 | 1,274.33 | 1,630.26 | 2,082.91 | 2,608.57 | 2,345.29 | 3.00 | 3 Year Decline | 45.66 | |
| Chemicals | 15,335.10 | 3.69 | 0.35 | 600.25-1.70 (-0.28%) | 1.83 | 0.00 | 3,438.00 | 4,166.00 | 2,898.00 | 5,540.00 | 3,725.46 | 5,199.48 | 0.00 | No Decline | 19.88 | |
| Consumer Discretionary | 16,692.89 | 10.57 | 0.12 | 457.90-5.95 (-1.28%) | 0.22 | 27.90 | 646.81 | 389.20 | 467.38 | 874.38 | 900.08 | 1,410.84 | 4.00 | 3 Year Decline | 72.41 | |
| Construction Materials | 5,991.40 | 7.50 | 0.56 | 776.45-1.60 (-0.21%) | 1.61 | 10.83 | 2,836.12 | 2,665.36 | 3,185.26 | 3,838.30 | 3,790.59 | 3,604.40 | 2.00 | 2 Year Decline | 26.05 |
Consistent deleveraging often indicates strong operational cash flow and disciplined capital allocation.
Reduced interest expenses can directly boost net profit margins and earnings per share.
Companies with lower debt levels are generally more resilient during economic downturns or interest rate hikes.
Debt reduction funded by selling core assets may harm long-term growth prospects.
Aggressive repayment might indicate a lack of internal investment opportunities or growth capex cuts.
Some companies may use equity dilution to pay down debt, which can reduce existing shareholder value.
It finds companies that have successfully lowered their total borrowings over multiple consecutive financial years.