In This Article:
The Indian market has shown impressive performance, rising 1.3% in the last 7 days and up 45% over the past year, with earnings projected to grow by 17% annually in the coming years. In this thriving environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding; here are three undiscovered gems in India that fit this profile.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| All E Technologies | NA | 40.78% | 31.63% | ★★★★★★ |
| Suraj | 27.47% | 17.95% | 67.29% | ★★★★★★ |
| Aeroflex Industries | 0.04% | 14.69% | 33.38% | ★★★★★★ |
| AGI Infra | 61.29% | 29.16% | 33.44% | ★★★★★★ |
| ELANTAS Beck India | NA | 14.89% | 24.83% | ★★★★★★ |
| Timex Group India | 14.33% | 17.75% | 59.68% | ★★★★★★ |
| Om Infra | 13.99% | 43.36% | 27.66% | ★★★★★☆ |
| Spright Agro | 0.58% | 83.13% | 86.22% | ★★★★★☆ |
| Nibe | 39.26% | 80.75% | 84.69% | ★★★★★☆ |
| Abans Holdings | 91.77% | 13.13% | 18.72% | ★★★★☆☆ |
Let's explore several standout options from the results in the screener.
Arkade Developers
Simply Wall St Value Rating: ★★★★★☆
Overview: Arkade Developers Limited operates as a real estate development company in India with a market cap of ₹28.16 billion.
Operations: Arkade Developers generates revenue primarily from real estate development, amounting to ₹6.35 billion. The company has a market cap of ₹28.16 billion.
Earnings for Arkade Developers surged by 141.9% over the past year, outpacing the real estate industry's 24.1%. The company’s net debt to equity ratio stands at a satisfactory 14.2%, and its interest payments are well covered by EBIT at 12.2x coverage. Recently, Arkade completed an IPO raising INR 4.1 billion, offering shares priced between INR 123-128 each with slight discounts per security ranging from INR 4.35 to INR 4.53.
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Take a closer look at Arkade Developers' potential here in our health report.
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Examine Arkade Developers' past performance report to understand how it has performed in the past.
Godawari Power & Ispat
Simply Wall St Value Rating: ★★★★★★
Overview: Godawari Power & Ispat Limited, along with its subsidiaries, operates in the mining of iron ores in India and has a market cap of ₹143.52 billion.
Operations: GPIL generates revenue primarily from the mining of iron ores. The company's net profit margin has shown variability over recent periods, reflecting fluctuations in both revenue and cost structures.
Godawari Power & Ispat (GPIL) has demonstrated robust financial health, with its debt-to-equity ratio dropping significantly from 141.1% to 1.1% over the past five years. The company’s earnings growth of 42.1% last year outpaced the industry average of 19.3%, and it trades at a favorable price-to-earnings ratio of 14.5x compared to the Indian market's 34.1x multiple. Key recent events include a special dividend payout and share repurchase totaling INR 3,010 million for approximately 2,150,000 shares or 1.72%.