Undiscovered Gems In India 3 Small Cap Stocks With Potential

In This Article:

In the last week, the Indian market has been flat, yet it has experienced a remarkable 40% increase over the past year with earnings forecasted to grow by 17% annually. In this context of robust growth, identifying small-cap stocks with strong fundamentals and growth potential can be key to uncovering promising investment opportunities.

Top 10 Undiscovered Gems With Strong Fundamentals In India

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

3B Blackbio Dx

0.38%

-0.88%

-1.47%

★★★★★★

NGL Fine-Chem

12.95%

15.22%

8.68%

★★★★★★

TechNVision Ventures

100.73%

20.37%

68.50%

★★★★★★

Voith Paper Fabrics India

0.07%

10.95%

9.70%

★★★★★☆

Macpower CNC Machines

0.40%

22.04%

31.09%

★★★★★☆

Master Trust

37.05%

27.64%

41.99%

★★★★★☆

TCPL Packaging

95.84%

15.51%

31.89%

★★★★★☆

Indo Tech Transformers

2.30%

22.05%

60.31%

★★★★★☆

Nibe

39.26%

80.75%

84.69%

★★★★★☆

Share India Securities

24.23%

37.59%

48.98%

★★★★☆☆

Click here to see the full list of 469 stocks from our Indian Undiscovered Gems With Strong Fundamentals screener.

Underneath we present a selection of stocks filtered out by our screen.

Ingersoll-Rand (India)

Simply Wall St Value Rating: ★★★★★☆

Overview: Ingersoll-Rand (India) Limited specializes in the manufacturing and sale of industrial air compressors within India, with a market capitalization of ₹139.99 billion.

Operations: The primary revenue stream for Ingersoll-Rand (India) comes from its Air Solutions segment, generating ₹12.27 billion.

Ingersoll-Rand (India), a small cap player in the machinery sector, has shown consistent earnings growth at 27.5% annually over five years, though recent growth of 12.9% lagged behind the industry's 25.9%. The company boasts high-quality earnings and maintains more cash than total debt, indicating robust financial health. Recent results highlight an increase in net income to ₹618 million from ₹537 million year-on-year, with dividends affirmed at ₹20 per share for fiscal year-end March 2024.

NSEI:INGERRAND Earnings and Revenue Growth as at Oct 2024
NSEI:INGERRAND Earnings and Revenue Growth as at Oct 2024

Jaiprakash Power Ventures

Simply Wall St Value Rating: ★★★★★☆

Overview: Jaiprakash Power Ventures Limited operates in the power generation and cement grinding sectors both within India and internationally, with a market capitalization of ₹152.90 billion.

Operations: The company generates revenue primarily from power and coal, with power contributing significantly at ₹61.68 billion. Coal adds ₹6.59 billion to the revenue stream. Segment adjustments total ₹6.42 billion, impacting overall financials.