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

Aarnav Fashions

Market Cap: ₹1.7b

Engages in the textile business in India.

Harshdeep Hortico

Market Cap: ₹1.7b

Designs, develops, manufactures, and supplies various types of pots and planters in India.

IntraSoft Technologies

Market Cap: ₹1.6b

Through its subsidiaries, engages in the development and delivery of e-commerce and e-cards through internet platform in India and internationally.

Spright Agro

Market Cap: ₹1.6b

Engages in the trading, export, and import of agricultural products in India.

Steel City Securities

Market Cap: ₹1.6b

Engages in stock broking business in southern India.

Sonal Mercantile

Market Cap: ₹1.5b

A non-banking financial company, provides secured and unsecured loans and advances to individuals and body corporates in India.

Rapid Fleet Management Services

Market Cap: ₹1.4b

Provides logistics services to B2B and B2C clientele in India.

SNL Bearings

Market Cap: ₹1.4b

Manufactures and markets antifriction bearing products in India and internationally.

Urban Enviro Waste Management

Market Cap: ₹1.4b

Provides waste management solutions and municipal solid waste management services in India.

Surat Trade and Mercantile

Market Cap: ₹1.4b

Engages in the commodity trading business and other commodity related activities in India.

Leo Dryfruits & Spices Trading

Market Cap: ₹1.4b

Engages in the manufacturing, processing, trading, retail, and marketing of a range of spices, dry fruits, and other grocery products under the VANDU brand name in India.

New Swan Multitech

Market Cap: ₹1.3b

Engages in manufacturing, trading, and export of automobile parts and agricultural implements in India.

Mahendra Realtors & Infrastructure

Market Cap: ₹1.3b

Engages in construction business in India.

CG-VAK Software and Exports

Market Cap: ₹1.3b

Through its subsidiaries, provides IT software products and services in the United States and internationally.

Srivari Spices and Foods

Market Cap: ₹1.3b

A FMCG company, manufactures and sells spices under the brand name Srivari in India.

Digidrive Distributors

Market Cap: ₹1.3b

Together with its subsidiary, Open Media Network Private Limited, distributes retail products on various digital marketplaces in India.

B.A.G. Films and Media

Market Cap: ₹1.2b

Engages in the content production, distribution, and allied activities in India.

Ken Enterprises

Market Cap: ₹1.2b

Manufactures and sells greige and finished fabrics in India and internationally.

Aztec Fluids & Machinery

Market Cap: ₹1.2b

Manufactures and sells printers in India.

Delaplex

Market Cap: ₹1.2b

Operates as a technology and software development solution and consulting provider in India and internationally.

Ultracab (India)

Market Cap: ₹1.2b

Manufactures and sells wires and cables in India.

Techknowgreen Solutions

Market Cap: ₹1.2b

Provides environmental consulting services in India.

Beardsell

Market Cap: ₹1.2b

Manufactures and supplies expanded polystyrene (EPS) products and prefabricated buildings for various industrial applications in India and internationally.

ARC Insulation & Insulators

Market Cap: ₹1.1b

Manufactures and supplies glass fiber reinforced polymers (GFRP) and fiber reinforced polymers (FRP) products in India.

Dhruv Consultancy Services

Market Cap: ₹1.1b

An infrastructure consultancy company, provides design, engineering, procurement, construction, and integrated project management services for highways, bridges, tunnels, architectural, environmental engineering, and ports in India.

Delta Autocorp

Market Cap: ₹1.1b

Manufactures and sells two-wheeler and three-wheeler electric vehicles under the Deltic brand in India.

Patel Integrated Logistics

Market Cap: ₹1.0b

Provides logistics services in India.

Aakash Exploration Services

Market Cap: ₹1.0b

Provides oil and gas field services in India.

ANI Integrated Services

Market Cap: ₹973.1m

Provides technical staffing solutions in India and internationally.

Srivasavi Adhesive Tapes

Market Cap: ₹959.6m

Engages in the manufacture and sale of various adhesive tapes, die-cuts, and labels in India and internationally.

Maruti Interior Products

Market Cap: ₹955.9m

Manufactures, sells, and exports modular kitchen storage systems, and aluminum long wardrobe and profile handles under the Everyday Kitchen and Spitze brands.

Brace Port Logistics

Market Cap: ₹904.1m

Operates as a service-based logistics company.

On Door Concepts

Market Cap: ₹892.5m

Operates as an omni-channel retailer of groceries and household products in India.

Evans Electric

Market Cap: ₹890.2m

Engages in repair and maintenance of large motors, generators, and transformers in India and internationally.

Party Cruisers

Market Cap: ₹842.8m

Engages in event management business in India.

Repono

Market Cap: ₹832.5m

Provides operations and maintenance, consultancy, design and engineering, transportation, and specialized warehousing services in India and internationally.