In This Article:
The Indian market has gained 2.6% recently and is up an impressive 48% over the last 12 months, with earnings forecasted to grow by 17% annually. In this robust environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding for investors.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Pearl Global Industries | 54.72% | 19.34% | 38.59% | ★★★★★★ |
| Shree Digvijay Cement | 0.01% | 13.97% | 16.37% | ★★★★★★ |
| Wealth First Portfolio Managers | NA | -47.95% | 40.47% | ★★★★★★ |
| Kokuyo Camlin | 21.96% | 11.97% | 59.14% | ★★★★★★ |
| Macpower CNC Machines | NA | 20.01% | 23.61% | ★★★★★★ |
| Gallantt Ispat | 18.85% | 38.22% | 31.27% | ★★★★★☆ |
| Abans Holdings | 91.73% | -25.26% | 17.68% | ★★★★★☆ |
| JSW Holdings | NA | 21.35% | 22.41% | ★★★★★☆ |
| Monarch Networth Capital | 32.66% | 30.99% | 50.24% | ★★★★☆☆ |
| Innovana Thinklabs | 4.53% | 12.52% | 19.93% | ★★★★☆☆ |
We'll examine a selection from our screener results.
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 ₹149.88 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, a promising player in the professional services sector, has shown robust earnings growth of 55.9% over the past year, significantly outpacing the industry's 9.4%. The company is debt-free now compared to five years ago when its debt-to-equity ratio was 10.1%. Recent strategic moves include establishing BLS International Holding Anonim Sirketi in Turkey with a share capital of TRY700M and proposing a final dividend of INR0.50 per equity share for FY2023-24.
Godawari Power & Ispat
Simply Wall St Value Rating: ★★★★★★
Overview: Godawari Power & Ispat Limited, along with its subsidiaries, operates 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, with a significant portion attributed to this segment. The company reported a net profit margin of 12.50% in the most recent fiscal year.
Godawari Power & Ispat (GPIL) showcases a compelling profile with its debt to equity ratio dropping from 141.1% to 1.1% over five years, indicating financial prudence. The company’s EBIT covers interest payments 19.9 times, reflecting strong operational efficiency. Recent expansions include a new 2 million ton pellet plant and a share buyback of INR 3,010 million for 2,150,000 shares. GPIL’s earnings growth of 18%, surpassing industry averages, underscores its robust performance in the metals sector.