Bengaluru, Oct. 5 -- Investors looking for quality companies with strong fundamentals often prefer stocks with virtually no debt and consistent long-term returns. Debt-free or low-debt businesses are better positioned to navigate market cycles, reinvest in growth, and sustain profitability.

Here, we look at a set of leading Indian companies across defence, engineering, power, and electronics that combine financial strength with impressive multi-year returns, making them standout candidates for long-term portfolios.

Mazagon Dock Shipbuilders Ltd Mazagon Dock Shipbuilders Limited is engaged in shipbuilding and submarine construction for both domestic and international markets. The company operates through shipbuilding, submarine, and hea...