In This Article:
Over the last 7 days, the Indian market has risen 3.2%, driven by gains in the Industrials and Financials sectors of 4.7% and 2.6%, respectively. With a market up 45% over the last 12 months and earnings forecast to grow by 16% annually, identifying stocks with strong fundamentals and growth potential can significantly enhance your investment portfolio.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| 3B Blackbio Dx | 0.38% | 3.93% | 3.59% | ★★★★★★ |
| Macpower CNC Machines | NA | 20.01% | 23.61% | ★★★★★★ |
| BLS E-Services | NA | 43.93% | 59.81% | ★★★★★★ |
| Le Travenues Technology | 8.99% | 36.48% | 63.83% | ★★★★★★ |
| KP Green Engineering | 13.73% | 47.60% | 61.28% | ★★★★★☆ |
| Kalyani Investment | NA | 18.19% | 3.65% | ★★★★★☆ |
| JSW Holdings | NA | 21.35% | 22.41% | ★★★★★☆ |
| Magadh Sugar & Energy | 85.41% | 6.90% | 11.82% | ★★★★☆☆ |
| Apollo Micro Systems | 38.17% | 7.94% | 2.46% | ★★★★☆☆ |
| Rir Power Electronics | 53.98% | 13.52% | 31.41% | ★★★★☆☆ |
Let's review some notable picks from our screened stocks.
Jai Balaji Industries
Simply Wall St Value Rating: ★★★★★★
Overview: Jai Balaji Industries Limited manufactures and markets iron and steel products primarily in India, with a market cap of ₹160.10 billion.
Operations: The company generates revenue primarily from its iron and steel products, amounting to ₹49.48 billion.
Jai Balaji Industries, a promising small cap in the Metals and Mining sector, has shown remarkable earnings growth of 244.5% over the past year, outpacing industry growth of 18.8%. The company's net debt to equity ratio stands at a satisfactory 25.4%, reflecting improved financial health from negative shareholder equity five years ago. With high-quality earnings and EBIT covering interest payments by 12.4 times, Jai Balaji's profitability is underscored by its recent quarterly net income of INR 20.88 million ($0.28 million).
Lloyds Engineering Works
Simply Wall St Value Rating: ★★★★☆☆
Overview: Lloyds Engineering Works Limited provides engineering products and services in India with a market cap of ₹105.11 billion.
Operations: Lloyds Engineering Works generates revenue primarily from its engineering products and services segment, amounting to ₹6.24 billion.
Lloyds Engineering Works, a small-cap entity in the machinery sector, has seen its earnings grow by 116.8% over the past year, outpacing the industry’s 28.6%. Despite an increase in debt-to-equity ratio from 1.1% to 14.8% over five years, it holds more cash than total debt and covers interest payments comfortably. The company reported Q1 sales of INR 1,354 million with net income rising to INR 212 million compared to INR 128 million last year.