In This Article:
The Indian market has been flat over the last week, yet it is up 43% over the past year with earnings forecast to grow by 17% annually. In such a dynamic environment, identifying stocks with strong fundamentals and growth potential can be key to uncovering hidden opportunities.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Kokuyo Camlin | 27.11% | 23.20% | 75.70% | ★★★★★★ |
| Timex Group India | 14.33% | 17.75% | 59.68% | ★★★★★★ |
| Indo Tech Transformers | 2.30% | 22.04% | 60.31% | ★★★★★☆ |
| Ingersoll-Rand (India) | 1.05% | 14.88% | 27.54% | ★★★★★☆ |
| JSW Holdings | NA | 21.35% | 22.41% | ★★★★★☆ |
| Magadh Sugar & Energy | 85.44% | 6.65% | 13.60% | ★★★★☆☆ |
| Monarch Networth Capital | 32.66% | 30.99% | 50.24% | ★★★★☆☆ |
| Sanstar | 50.30% | -8.41% | 48.59% | ★★★★☆☆ |
| Innovana Thinklabs | 13.59% | 12.51% | 20.01% | ★★★★☆☆ |
| SG Mart | 16.77% | 98.09% | 96.54% | ★★★★☆☆ |
Let's dive into some prime choices out of from the screener.
IIFL Securities
Simply Wall St Value Rating: ★★★★☆☆
Overview: IIFL Securities Limited offers capital market services in the primary and secondary markets in India and has a market cap of ₹98.80 billion.
Operations: IIFL Securities generates revenue primarily from capital market activities (₹20.25 billion), with additional income from insurance broking and ancillary services (₹2.77 billion) and facilities and ancillary services (₹375.25 million).
IIFL Securities has shown impressive earnings growth of 120.4% over the past year, surpassing the Capital Markets industry’s 63.6%. Their net debt to equity ratio stands at a satisfactory 35.5%, and they've reduced this from 117.6% to 67.2% in five years. The company reported Q1 revenue of ₹6,438 million (up from ₹4,110 million) and net income of ₹1,822 million (up from ₹747 million). Recent volatility in share price is notable but expected for a small cap stock like IIFLSEC
LT Foods
Simply Wall St Value Rating: ★★★★★★
Overview: LT Foods Limited engages in the milling, processing, and marketing of branded and non-branded basmati rice, and rice food products in India and internationally with a market cap of ₹144.60 billion.
Operations: LT Foods Limited generates revenue primarily from the manufacture and storage of rice, amounting to ₹81.21 billion. The company's net profit margin is a key financial metric to consider when evaluating its profitability.
LT Foods, a notable player in the food industry, has shown robust financial health with earnings growing 35.7% over the past year and a price-to-earnings ratio of 23.7x, which is below the Indian market average. The company’s net debt to equity ratio stands at 25.3%, reflecting solid financial management. Recent developments include an acquisition stake in Nature Bio-Foods Limited and a new U.K. facility poised for significant revenue growth, showcasing strategic expansion efforts.