In This Article:
In the last week, the Indian market has been flat, but it is up 44% over the past year with earnings forecast to grow by 17% annually. In this dynamic environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding; E.I.D.- Parry (India) and two other promising small caps exemplify such opportunities.
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% | ★★★★★★ |
Yuken India | 27.96% | 12.35% | -44.41% | ★★★★★★ |
Le Travenues Technology | 10.32% | 26.39% | 67.32% | ★★★★★★ |
AGI Infra | 61.29% | 29.16% | 33.44% | ★★★★★★ |
Force Motors | 23.24% | 21.52% | 44.24% | ★★★★★☆ |
Om Infra | 13.99% | 43.36% | 27.66% | ★★★★★☆ |
S J Logistics (India) | 11.71% | 90.19% | 60.29% | ★★★★★☆ |
Nibe | 39.26% | 80.75% | 84.69% | ★★★★★☆ |
KP Green Engineering | 13.73% | 47.44% | 61.28% | ★★★★★☆ |
Abans Holdings | 91.77% | 13.13% | 18.72% | ★★★★☆☆ |
Below we spotlight a couple of our favorites from our exclusive screener.
E.I.D.- Parry (India)
Simply Wall St Value Rating: ★★★★★★
Overview: E.I.D.- Parry (India) Limited, together with its subsidiaries, engages in the manufacture and sale of sugar, nutraceuticals, and distillery products in India, North America, Europe, and internationally. Market Cap: ₹154.13 billion.
Operations: The company's revenue streams include distillery (₹8.54 billion), co-generation (₹1.83 billion), nutraceuticals (₹2.34 billion), nutrient and allied business (₹187.88 billion), and crop protection including bio-pesticides (₹24.61 billion).
E.I.D.- Parry (India) showcases a compelling profile with a price-to-earnings ratio of 17.5x, well below the Indian market's 34.3x, suggesting potential undervaluation. Over the past five years, its debt-to-equity ratio has significantly reduced from 132.9% to 15.6%. Despite earnings forecasted to decline by an average of 43.7% annually over the next three years, last year's earnings grew by 13.1%, outpacing the chemicals industry at 10.7%. Recent management changes include Mr. Suresh's early retirement and Mr. Murugappan stepping in as CEO from September 2024 onwards, which may influence future strategic directions.
-
Take a closer look at E.I.D.- Parry (India)'s potential here in our health report.
-
Understand E.I.D.- Parry (India)'s track record by examining our Past report.
IIFL Securities
Simply Wall St Value Rating: ★★★★☆☆
Overview: IIFL Securities Limited offers capital market services in India's primary and secondary markets and has a market cap of ₹117.03 billion.