Indian Strong Past Earnings Growth, P/E Ratio Below 20

GPT Infraprojects

Market Cap: ₹15.1b

GPT Infraprojects Limited, together with its subsidiaries, carries out civil and infrastructure projects in India and internationally.

Ultramarine & Pigments

Market Cap: ₹14.3b

Engages in the manufacture and sale of pigments and surfactants in India.

Sportking India

Market Cap: ₹13.9b

Manufactures, purchases, and sells textile yarns in India and internationally.

Kellton Tech Solutions

Market Cap: ₹13.7b

Provides digital transformation, ERP, and other IT services in Asia Pacific, Europe, the United States, and internationally.

Monte Carlo Fashions

Market Cap: ₹13.2b

Manufactures and trades in woolen, cotton, cotton-blended, knitted, and woven garments for men, women, and kids in India and internationally.

Dynacons Systems & Solutions

Market Cap: ₹12.3b

Provides IT solutions in India and internationally.

Gandhi Special Tubes

Market Cap: ₹11.7b

Manufactures and markets welded and seamless steel tubes, and nuts in India.

Abans Financial Services

Market Cap: ₹11.1b

Operates as a non-banking finance company in India and internationally.

Industrial And Prudential Investment

Market Cap: ₹11.0b

Industrial & Prudential Investment Company Limited is a publicly owned investment manager.

Radhika Jeweltech

Market Cap: ₹10.8b

Engages in the manufacture and retail of jewelry in India.

Indo Amines

Market Cap: ₹10.5b

Engages in the manufacture, distribution, and sale of fine, performance, and specialty chemicals in India and internationally.

Sree Rayalaseema Hi-Strength Hypo

Market Cap: ₹10.4b

Produces and sells industrial chemicals in India.

TAAL Enterprises

Market Cap: ₹9.6b

Provides engineering design services in India and internationally.

Dhunseri Investments

Market Cap: ₹8.6b

A non-banking finance company, invests in shares and securities in India, Singapore, and internationally.

Arrow Greentech

Market Cap: ₹8.6b

Engages in the manufacture and sale of water-soluble films, and bio-compostable and other green products in India and internationally.

Kamdhenu

Market Cap: ₹8.3b

Manufactures, markets, and distributes thermo mechanical treatment (TMT) bars, structural steel, and allied products under the Kamdhenu brand name in India.

Shri Jagdamba Polymers

Market Cap: ₹7.9b

Engages in the manufacture and sale of technical textile products in India.

Ritco Logistics

Market Cap: ₹7.8b

Provides supply chain solutions in India.

Ratnaveer Precision Engineering

Market Cap: ₹7.8b

Engages in the manufacture, export, and supply of stainless-steel products in India and internationally.

Investment Trust of India

Market Cap: ₹7.8b

Provides investment banking and corporate finance activities in India.

Tolins Tyres

Market Cap: ₹7.4b

Manufactures and sells new tires and tread rubber in India.

Foods and Inns

Market Cap: ₹6.7b

Manufactures and sells various processed fruits and vegetables, pulps, purees, spices, spray-dried powders, and frozen food in India and internationally.

International Conveyors

Market Cap: ₹6.1b

Manufactures and markets PVC conveyor belting products in India and internationally.

Rane Brake Lining

Market Cap: ₹5.8b

Manufactures and markets auto components to original equipment manufacturers and aftermarket customers in India and internationally.

Nile

Market Cap: ₹5.8b

Engages in the manufacture and sale of pure lead for battery consumption in India and internationally.

All E Technologies

Market Cap: ₹5.7b

Operates as Microsoft business applications and digital transformation company in India and internationally.

RBZ Jewellers

Market Cap: ₹5.6b

Manufactures and trades in jewelries and other accessories in India.

Jay Bee Laminations

Market Cap: ₹5.1b

Primarily engages in the manufacture and supply of electrical laminations in India.

Orbit Exports

Market Cap: ₹5.0b

Manufactures and sells novelty fabrics in India and internationally.

Premier Polyfilm

Market Cap: ₹4.9b

Engages in the manufacture and sale of vinyl flooring, sheeting, and artificial leather.

CyberTech Systems and Software

Market Cap: ₹4.9b

Provides geospatial, networking, and enterprise information technology solutions in India and the United States.

Freshara Agro Exports

Market Cap: ₹4.6b

Engages in producing, crushing, grinding, processing, and dealing food products in India.

Magna Electro Castings

Market Cap: ₹4.4b

Engages in the manufacture and sale of cast iron components in India and internationally.

Nila Infrastructures

Market Cap: ₹4.2b

Nila Infrastructures Limited constructs and develops infrastructure and real estate projects in India.

Keltech Energies

Market Cap: ₹4.1b

Manufactures and sells cartridge explosives, bulk emulsion explosives, mono methyl amine nitrate (MMAN) solutions, expanded perlite products, perlite filter aids, and accessories for explosives in India and internationally.

Neptune Petrochemicals

Market Cap: ₹3.7b

Manufactures, sells, and trades in bitumen-related products in India, Nepal, Bhutan, and Bangladesh.