Discovering 3 Hidden Gems in India with Strong Financial Foundations

In This Article:

Over the last 7 days, the Indian market has dropped 4.7%, yet it remains up 39% over the past year, with earnings expected to grow by 17% annually in the coming years. In this dynamic environment, identifying stocks with strong financial foundations can offer promising opportunities for investors seeking stability and growth.

Top 10 Undiscovered Gems With Strong Fundamentals In India

Name

Debt To Equity

Revenue Growth

Earnings Growth

Health Rating

Shree Digvijay Cement

0.01%

13.97%

16.37%

★★★★★★

Aeroflex Industries

0.04%

14.69%

33.38%

★★★★★★

Macpower CNC Machines

NA

20.01%

23.61%

★★★★★★

Knowledge Marine & Engineering Works

35.48%

46.55%

46.96%

★★★★★★

Om Infra

13.99%

43.48%

23.30%

★★★★★☆

TCPL Packaging

95.84%

15.51%

31.89%

★★★★★☆

Indo Tech Transformers

2.30%

20.60%

62.92%

★★★★★☆

Avantel

10.67%

34.84%

36.61%

★★★★★☆

Spright Agro

0.58%

83.13%

86.22%

★★★★★☆

JSW Holdings

NA

21.35%

22.41%

★★★★★☆

Click here to see the full list of 458 stocks from our Indian Undiscovered Gems With Strong Fundamentals screener.

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 ?158.48 billion.

Operations: BLS International Services Limited generates revenue primarily from outsourcing and administrative tasks related to visa, passport, and consular services for diplomatic missions. The company has a market capitalization of ?158.48 billion.

BLS International Services, a small-cap player in the professional services industry, has demonstrated strong earnings growth of 49.8% over the past year, surpassing the industry's 10.4%. The company’s debt to equity ratio improved significantly from 7.8% to 2.1% over five years, and it has more cash than total debt. Recent news highlights include a first-quarter net income of ?1.14 billion (up from ?689 million) and plans to raise up to ?20 billion through various funding options approved by the board on August 5, 2024.

NSEI:BLS Debt to Equity as at Aug 2024
NSEI:BLS Debt to Equity as at Aug 2024

IFB Industries

Simply Wall St Value Rating: ★★★★★☆

Overview: IFB Industries Limited, with a market cap of ?78.22 billion, manufactures and trades in home appliances both in India and internationally through its subsidiaries.

Operations: The company generates revenue primarily from its Home Appliances segment (?36.32 billion) and Engineering segment (?8.55 billion), with additional contributions from Steel (?1.65 billion) and Motors (?670.70 million).