Companies such as Sterlite Technologies and Avenue Supermarts have a significantly positive future outlook on the basis of their profitability and returns. Investors seeking to enhance their portfolio should consider these financially stable, high-growth stocks. Analysing the most recent financial data, I’ve created a list of companies that compare favourably in all criteria, making them potentially good additions to your portfolio.
Sterlite Technologies Limited (BSE:532374)
Sterlite Technologies Limited manufactures and sells telecom products and solutions in India and internationally. Formed in 1988, and currently headed by CEO Anand Agarwal, the company provides employment to 1,500 people and with the market cap of INR ₹128.08B, it falls under the large-cap group.
532374’s projected future profit growth is a robust 35.29%, with an underlying 66.80% growth from its revenues expected over the upcoming years. An affirming signal is when net income increase is supported by top-line growth. Since net income isn’t artificially inflated by one-off initiatives such as cost-cutting, we know this profit growth is more likely to be sustainable. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 33.86%. 532374 ticks the boxes for high-growth generation on all levels of line items, which makes it an appealing stock to dig into deeper. Want to know more about 532374? Check out its fundamental factors here.
Avenue Supermarts Limited (BSE:540376)
Avenue Supermarts Limited engages in the business of organized retail and operates supermarkets under the brand name of D-Mart. Avenue Supermarts was formed in 2000 and with the company’s market cap sitting at INR ₹822.82B, it falls under the large-cap stocks category.
540376 is expected to deliver a buoyant earnings growth over the next couple of years of 31.10%, bolstered by an equally impressive revenue growth of 64.99%. It appears that 540376’s profitability may be sustainable as the fundamental push is top-line expansion rather than unmaintainable cost-cutting activities. We see this bottom-line expansion directly benefiting shareholders, with expected return on equity coming in at a notable 24.81%. 540376’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio. Thinking of investing in 540376? Check out its fundamental factors here.
Bharat Financial Inclusion Limited (BSE:533228)
Bharat Financial Inclusion Limited, a non-banking financial company – micro finance institution, provides micro finance services to women in the rural areas in India who are enrolled as members and organized as joint liability groups. Started in 1997, and run by CEO M. Rao, the company employs 14,755 people and with the company’s market cap sitting at INR ₹151.97B, it falls under the large-cap category.