New Delhi, April 9 -- With stable finances, Indian companies are better positioned to handle the current economic slowdown, says a report by the DSP Asset Managers.

Indian companies have some of the strongest balance sheets seen in recent history. This is a major shift from previous cycles, where many sectors were weighed down by high levels of debt.

A closer look at the data shows that nearly all key sectors have reduced their debts significantly over the past two decades.

The median Debt-to-Assets ratio--a key measure of financial health--has reached record lows in several industries. This indicates that companies have more stable finances and are in a better position to handle a slowdown and bounce back when growth returns.

The rep...