How to Use Screener.in to Find Great Indian Stocks: Step-by-Step Guide 2026
Why Screener.in is the Best Free Tool for Indian Stock Research
Screener.in provides fundamental financial data for all NSE/BSE-listed companies going back 10+ years — free of charge for basic use. It allows you to build custom screens (filters) to find stocks meeting specific criteria across 4,000+ listed companies. It is the most widely used equity research tool among Indian retail investors.
Getting Started: Navigating Screener.in
Go to screener.in and create a free account (email + password)In the search bar, type any company name or NSE symbolThe company page shows: Income Statement, Balance Sheet, Cash Flow, Ratios, ShareholdingTo build a screen: click ‘Screens’ → ‘Create New Screen’
Read more: How to read a balance sheet
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Key Ratios to Screen For
| Ratio | Formula | What It Indicates | Good Range (India) |
|---|---|---|---|
| P/E Ratio | Price / Earnings per share | Market’s valuation vs earnings | < 25x for value; varies by sector |
| ROE | Net Profit / Shareholders Equity | How efficiently equity is deployed | > 15% |
| ROCE | EBIT / Capital Employed | Returns on all capital | > 15% |
| Debt to Equity | Total Debt / Equity | Leverage risk | < 1x (lower is better) |
| Sales Growth (5Y CAGR) | Revenue compound growth | Business momentum | > 12% |
| Promoter Pledge % | Pledged shares / Total promoter | Governance risk | < 10% (zero is best) |
Building a Quality Screen on Screener.in
In the Screen builder, enter these criteria (separated by AND):Return on equity > 15Debt to equity < 1Sales growth 5Years > 12Profit growth 5Years > 12Promoter holding > 40Current ratio > 1.5
Run the screen — it will show companies matching all these criteria. Review the list for further manual research.
Reading a Screener.in Company Page
| Section | What to Look For |
|---|---|
| Profit & Loss | Revenue and profit trend — consistent growth or lumpy? |
| Balance Sheet | Debt trend — is the company reducing debt over time? |
| Cash Flows | Is operating cash flow greater than reported profit? (Quality check) |
| Ratios Chart | 10-year trend of ROE, ROCE, PE — is quality improving or deteriorating? |
| Shareholding | Promoter pledge trend — increasing pledge is a major red flag |
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
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