In This Article:
In the past year, India's market has experienced a notable rise of 43%, despite a recent 1.3% drop over the last seven days. With earnings expected to grow by 16% annually, investors might find potential in lesser-known stocks that could thrive under these dynamic market conditions.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Goldiam International | NA | 10.09% | 16.51% | ★★★★★★ |
| Ingersoll-Rand (India) | NA | 14.12% | 26.31% | ★★★★★★ |
| Vidhi Specialty Food Ingredients | 7.07% | 13.43% | 5.94% | ★★★★★★ |
| Deep Industries | 10.38% | 10.66% | 28.71% | ★★★★★★ |
| Macpower CNC Machines | NA | 20.01% | 23.61% | ★★★★★★ |
| Alembic | 0.42% | 11.74% | -6.39% | ★★★★★☆ |
| Piccadily Agro Industries | 50.57% | 13.78% | 39.75% | ★★★★★☆ |
| Abans Holdings | 91.73% | -25.26% | 17.68% | ★★★★★☆ |
| Insolation Energy | 88.64% | 163.87% | 419.31% | ★★★★★☆ |
| Magadh Sugar & Energy | 85.41% | 6.90% | 11.82% | ★★★★☆☆ |
Let's dive into some prime choices out of from the screener.
Happy Forgings
Simply Wall St Value Rating: ★★★★★☆
Overview: Happy Forgings Limited is an Indian company that manufactures and sells forgings and related components, serving both domestic and international markets, with a market capitalization of ₹113.49 billion.
Operations: The company specializes in forged and machined products, generating revenue of ₹13.58 billion as of the latest reporting period. It has observed a notable increase in gross profit, which reached ₹7.36 billion, reflecting a gross profit margin of 54.17%.
Happy Forgings, a lesser-known yet robust player in the machinery industry, reported impressive financials with a 24.06% forecasted annual earnings growth. Despite lagging behind the industry's 29.1% growth, its earnings have surged by 25.1% annually over five years. The company's debt management is sound with a net debt to equity ratio of just 1.6%, and its interest payments are well-covered by EBIT at 96.3 times coverage, illustrating strong fiscal health and potential for sustained growth.
IIFL Securities
Simply Wall St Value Rating: ★★★★☆☆
Overview: IIFL Securities Limited is a financial services company specializing in capital market activities in primary and secondary markets across India, with a market capitalization of ₹57.03 billion.
Operations: IIFL Securities generates the majority of its revenue from capital market activities, contributing ₹18.09 billion, complemented by insurance broking and ancillary services at ₹2.58 billion, and facilities and ancillary services at ₹405.23 million. The company's gross profit margin as of the latest reported period stands at 72.89%, reflecting its cost efficiency in generating revenue from these segments.