In This Article:
In the last week, the Indian market is up 2.8% and has seen an impressive 48% increase over the last 12 months, with earnings forecasted to grow by 16% annually. In this thriving environment, identifying stocks with strong growth potential and solid fundamentals can offer significant opportunities for investors.
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% | ★★★★★★ |
| Vidhi Specialty Food Ingredients | 7.07% | 13.43% | 5.94% | ★★★★★★ |
| Le Travenues Technology | 8.99% | 36.48% | 63.83% | ★★★★★★ |
| Knowledge Marine & Engineering Works | 35.48% | 46.55% | 46.96% | ★★★★★★ |
| Gallantt Ispat | 18.85% | 38.22% | 31.27% | ★★★★★☆ |
| Piccadily Agro Industries | 50.57% | 13.78% | 39.75% | ★★★★★☆ |
| Nibe | 33.91% | 81.20% | 80.04% | ★★★★★☆ |
| JSW Holdings | NA | 21.35% | 22.41% | ★★★★★☆ |
| Monarch Networth Capital | 32.66% | 30.99% | 50.24% | ★★★★☆☆ |
| Share India Securities | 24.23% | 37.66% | 48.98% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
BLS International Services
Simply Wall St Value Rating: ★★★★★★
Overview: BLS International Services Limited specializes in outsourcing and administrative tasks for visa, passport, and consular services to various diplomatic missions, with a market cap of ₹147.92 billion.
Operations: BLS International Services Limited generates revenue primarily from Visa and Consular Services (₹13.62 billion) and Digital Services (₹3.34 billion).
BLS International Services has shown impressive growth, with earnings surging 55.9% in the past year, outperforming the Professional Services industry’s 8.3%. Notably, BLS is debt-free now compared to a debt-to-equity ratio of 10.1% five years ago. The company also proposed a final dividend of INR 0.50 per share for FY2023-24 and recently expanded by incorporating BLS International Holding Anonim Sirketi in Turkey with a share capital of ₺700 million (US$26 million).
Godawari Power & Ispat
Simply Wall St Value Rating: ★★★★★★
Overview: Godawari Power & Ispat Limited, together with its subsidiaries, engages in the mining of iron ores in India and has a market cap of ₹145.19 billion.
Operations: GPIL generates revenue primarily from mining iron ores. The company's net profit margin has been recorded at 15.25%.
Godawari Power & Ispat (GPIL) has shown impressive financial health and growth. The company’s debt to equity ratio dropped significantly from 141.1% to 1.1% over five years, indicating strong fiscal management. Earnings grew by 18% last year, surpassing the Metals and Mining industry average of 17.7%. Additionally, GPIL repurchased 2,150,000 shares for INR 3 billion in July 2024, enhancing shareholder value. With a P/E ratio of 15.5x below the Indian market's average of 34.9x and robust interest coverage at nearly 20 times EBIT, GPIL looks well-positioned for continued stability and growth in its sector.