Discovering 3 Undiscovered Gems In India With Strong Financials

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Over the last 7 days, the Indian market has dropped 4.0%, but it has risen by 40% over the past year, with earnings expected to grow by 17% per annum in the coming years. In this dynamic environment, identifying stocks with strong financials can provide stability and growth potential; here are three such undiscovered gems in India worth exploring.

Top 10 Undiscovered Gems With Strong Fundamentals In India

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Pearl Global Industries

54.72%

19.34%

38.59%

★★★★★★

Kokuyo Camlin

21.96%

11.97%

59.14%

★★★★★★

NGL Fine-Chem

12.95%

15.70%

9.76%

★★★★★★

Knowledge Marine & Engineering Works

35.48%

46.55%

46.96%

★★★★★★

TCPL Packaging

95.84%

15.51%

31.89%

★★★★★☆

Indo Tech Transformers

2.30%

20.60%

62.92%

★★★★★☆

Avantel

10.67%

34.84%

36.61%

★★★★★☆

Spright Agro

0.58%

83.13%

86.22%

★★★★★☆

JSW Holdings

NA

21.35%

22.41%

★★★★★☆

Innovana Thinklabs

4.53%

12.52%

19.93%

★★★★☆☆

Click here to see the full list of 458 stocks from our Indian Undiscovered Gems With Strong Fundamentals screener.

Let's uncover some gems from our specialized screener.

BLS International Services

Simply Wall St Value Rating: ★★★★★★

Overview: BLS International Services Limited specializes in outsourcing and administrative tasks for visa, passport, and consular services to various diplomatic missions, with a market cap of ₹158.48 billion.

Operations: BLS International Services Limited generates revenue primarily from outsourcing and administrative services related to visas, passports, and consular activities for diplomatic missions. The company has a market cap of ₹158.48 billion.

BLS International Services has shown impressive financial health, with its debt to equity ratio dropping from 7.8% to 2.1% over the past five years and earnings growing by 49.8% last year, outpacing the industry average of 10.4%. The company recently reported Q1 sales of INR 4,926.69 million compared to INR 3,834.88 million a year ago and net income rising to INR 1,141.84 million from INR 689.13 million previously, reflecting strong operational performance and high-quality earnings

NSEI:BLS Earnings and Revenue Growth as at Aug 2024
NSEI:BLS Earnings and Revenue Growth as at Aug 2024

IFB Industries

Simply Wall St Value Rating: ★★★★★☆

Overview: IFB Industries Limited, together with its subsidiaries, manufactures and trades in home appliances in India and internationally, with a market cap of ₹78.22 billion.

Operations: The company's revenue streams primarily consist of Home Appliances (₹36.32 billion), Engineering (₹8.55 billion), Steel (₹1.65 billion), and Motors (₹670.70 million).