Is Screener.in Free to Use? Pricing and Pro Plan Explained
Yes, Screener.in offers a powerful free version that is sufficient for most retail investors looking to perform fundamental analysis. It also provides a paid Premium plan for users who need advanced features like custom ratios and an Excel plugin.
What is Screener.in and Is It Free?
If you are searching for the best intraday-stock-scanning">stock screener in India, you have probably heard of Screener.in. You likely have one big question: is it free? Yes, Screener.in has a fantastic and very useful free version. For most investors, this free tool is more than enough to get started with serious fcf-yield-vs-pe-ratio-myth">valuation-methods/value-ipo-before-investing">stock analysis. However, it also offers a paid 'Premium' plan with advanced tools for dedicated analysts and investors who need more power.
Many people believe you need expensive software to analyze the stock market. Screener.in proves this wrong. The platform focuses on providing clean, easy-to-read financial data for Indian listed companies. It helps you find and study companies based on their financial health, not just their stock price. Think of it as a financial library where every book is a company's report card, and the free plan gives you access to almost the entire library.
What the Free Screener.in Plan Gives You
Do not underestimate the free version. It is packed with power and provides the foundation for sound fundamental analysis. You are not just getting a limited trial; you are getting a fully functional tool that many investors use for their entire careers. It is an excellent starting point for anyone serious about picking stocks based on data.
Here’s what you can do with the free account:
- Access revenue/use-eps-compare-companies-sector">Financial Statements: You get over 10 years of historical data, including the Profit & Loss statement, Balance Sheet, and Cash Flow statements. This data is presented in a clean, standardized format.
- Use Key Ratios: The platform automatically calculates dozens of important ratios for you. This includes Price to Earning (P/E), Return on Capital Employed (ROCE), Debt to Equity, and many more.
- Create Basic Screens: You can build your own stock screens using a simple query builder. For example, you could search for companies with a nifty-and-sensex/role-free-float-market-cap-sensex-30">Market Capitalization greater than 10000 crores AND a P/E ratio less than 20.
- Peer Comparison: Every company page has a table that compares it directly with its competitors on key metrics. This helps you understand how a company stacks up in its industry.
- Watchlists and Portfolios: You can create watchlists to track companies you are interested in. You can also upload your portfolio to monitor its performance.
Unlocking Power: The Screener.in Premium Subscription
When you are ready to take your analysis to a professional level, the Premium plan becomes very attractive. It is designed for users who have moved beyond basic screening and want to build their own custom analysis models. The paid subscription adds a layer of customization and efficiency that can be a game-changer.
The premium features are built on top of the solid foundation of the free plan. Here are the main advantages of upgrading:
- Create Custom Ratios: This is the most powerful feature. You can create and save your own formulas and ratios, then use them in your stock screens. For example, you could create a ratio to measure working capital efficiency and screen for companies that are improving on that metric every year.
- Use the Excel Plugin: The premium subscription comes with an Excel plugin. This tool lets you pull any data from Screener.in directly into your spreadsheet with a simple formula. It automates financial modeling and saves hours of manual data entry.
- Access Deeper Data: Premium users get access to additional information right on the company page. This includes PDF attachments of credit rating reports, quarterly results, and esg-and-sustainable-investing/best-esg-scores-indian-companies">governance/best-tools-director-credentials-board-quality">annual reports.
- View Company Announcements: Stay updated with stock exchange announcements directly within the Screener interface. This includes sebi/maximum-fines-sebi-impose-corporate-governance-violations">insider trading data, board meeting updates, and other ma-buy-or-wait">stop-loss-during-corporate-action-position-trade">corporate actions. For official filings, you can always check sources like BSE India.
Screener Free vs. Premium: A Direct Comparison
Seeing the features side-by-side can make the choice clearer. The best plan for you depends on how deep your analysis needs to go.
| Feature | Free Plan | Premium Plan |
|---|---|---|
| Core Financial Data (10+ Years) | Yes | Yes |
| Pre-built Ratio Analysis | Yes | Yes |
| Basic Stock Screening | Yes | Yes |
| Custom Ratio Creation & Screening | No | Yes |
| Excel Data Plugin | No | Yes |
| Credit Rating Reports | No | Yes |
| Company Announcements Feed | No | Yes |
| Ad-Free Experience | No | Yes |
Who Should Stick with the Free Plan?
The free plan is incredibly generous and is the right choice for a large group of users. You should stick with the free version if:
- You are a new investor: If you are just learning about financial statements and fundamental analysis, the free tool is a perfect educational resource.
- You are a long-term, passive investor: If you buy and hold stocks for years and only check in on their financial health occasionally, the free plan has everything you need.
- You are a student: For finance and accounting students, the free version provides invaluable access to real-world data for case studies and projects.
Is It Time for You to Upgrade to Premium?
Upgrading to the paid plan is a logical next step when your savings-schemes/scss-maximum-investment-limit">investment process becomes more sophisticated. Consider paying for Premium if you find yourself in these situations:
- You are an active investor who relies on specific, complex screening criteria to find investment ideas.
- You maintain your own detailed financial models in Excel and want to automate the data-gathering process.
- Your investment strategy depends on unique formulas or ratios that are not standard in most tools.
- You are a financial professional, such as an analyst or advisor, where speed, depth of data, and efficiency are critical for your work.
Is Screener the Best Stock Screener in India for You?
For investors focused on fundamental analysis, Screener.in is arguably the best stock screener in India. Its main strength is its simplicity and its intense focus on high-quality financial data. It does one job, and it does it exceptionally well.
The platform avoids distracting features like complex technical charts or speculative news feeds. Instead, it provides clean, reliable data that helps you make informed decisions. Whether the free version is enough or you need the premium features depends entirely on your investment style and needs. Our advice is simple: start with the free plan. It is incredibly powerful and will show you exactly what the platform can do. Only upgrade when you hit a specific limitation that holds back your analysis. For most people, that day may never come, which speaks to the incredible value Screener.in provides to all Indian investors.
Frequently Asked Questions
- Is the free version of Screener.in good enough for beginners?
- Yes, the free version is excellent for beginners. It provides all the necessary financial statements, key ratios, and basic screening tools to start your investment journey.
- What is the main benefit of the Screener.in Premium plan?
- The main benefits are the ability to create and screen stocks based on your own custom ratios, and the powerful Excel plugin that lets you pull live data into your spreadsheets for financial modeling.
- How much does Screener.in Premium cost?
- The pricing for the Premium plan can change over time. It is best to check the official Screener.in website for the most current subscription fees and plan details.
- Can I screen for technical indicators on Screener.in?
- No, Screener.in is primarily a tool for fundamental analysis. It focuses on financial data like profit and loss statements, balance sheets, and cash flows, not technical charts or indicators.