Global Strong Balance Sheet Stocks

Granules India

Market Cap: ₹121.8b

Manufactures and sells active pharmaceutical ingredients (APIs), pharmaceutical formulation intermediates, and finished dosages (FDs) in India and internationlly.

Mahanagar Gas

Market Cap: ₹135.5b

Operates as a natural gas distribution company in India.

ideaForge Technology

Market Cap: ₹23.1b

Engages in the design, development, manufacture, and marketing of unmanned aerial vehicle (UAV) systems for security and surveillance applications in India and internationally.

JcbNext Berhad

Market Cap: RM 220.1m

An investment holding company, provides online advertising services in Malaysia.

Sinaran Advance Group Berhad

Market Cap: RM 91.5m

An investment holding company, designs, manufactures, and distributes sports footwear, apparel, and accessories.

Sai Gon - Mien Trung Beer

Market Cap: ₫1.2t

Engages in the production and sale of beverage products.

Synergy House Berhad

Market Cap: RM 367.5m

An investment holding company, engages in the design, development, sale, export, and trading of ready-to-assemble home furniture in the United Kingdom, the United Arab Emirates, and the United States of America.

Naim Holdings Berhad

Market Cap: RM 475.7m

An investment holding company, engages in the property development and construction businesses in Malaysia and Fiji.

MN Holdings Berhad

Market Cap: RM 747.6m

An investment holding company, provides underground utilities engineering and substation engineering services and solutions in Malaysia.

Quess

Market Cap: ₹53.2b

Operates as a business services provider in India, South East Asia, the Middle East, and North America.

Specialty Natural Products

Market Cap: ฿1.9b

Manufactures and distributes herbal extracts, cosmetics, beverages, health supplements, and traditional medicines in Thailand and internationally.

Nicco Parks & Resorts

Market Cap: ₹5.5b

Primarily operates theme-based amusement parks.

Modern Chinese Medicine Group

Market Cap: HK$204.0m

An investment holding company, engages in the production and sale of proprietary Chinese medicines for elderlies and middle aged in the People's Republic of China.

Rexit Berhad

Market Cap: RM 98.7m

An investment holding company, provides software solutions and related services for the general insurance and financial services industries in Malaysia, Hong Kong, and internationally.

Trident

Market Cap: ₹144.8b

Engages in the manufactures, trades, and sales of textiles, paper and chemicals in India, the United States, and internationally.

Iondrive

Market Cap: AU$17.7m

Engages in the development and commercialization of battery technology materials.

Lonseal

Market Cap: JP¥6.7b

Manufactures and sells plastic products in Japan and internationally.

Jinan Acetate Chemical

Market Cap: NT$82.7b

Engages in the research and development, production, and sale of cellulose acetate tows, cellulose acetates, and cellulose anhydrides in Asia, Europe, America, and Africa.

STCube

Market Cap: ₩381.1b

A biopharmaceutical company, develops medicines in South Korea.

Bharat Forge

Market Cap: ₹595.6b

Engages in the manufacture and sale of forged and machined components in India and internationally.

Shree Metalloys

Market Cap: ₹203.3m

Trades in ferrous, non-ferrous, and precious metals in India.

Kilburn Engineering

Market Cap: ₹19.5b

Designs, manufactures, supplies, installs, and commissions customized process equipment for various applications in India and internationally.

Tiga Gaming

Market Cap: NT$513.3m

Engages in the design, manufacture, and sale of slot cabinets and games, and live multi game machines and systems worldwide.

Naksh Precious Metals

Market Cap: ₹80.6m

Naksh Precious Metals engages in the dealership of automobiles and trading of spare parts business in India and internationally.

Long An Food Processing Export

Market Cap: ₫259.6b

Processes and trades nuts in Vietnam.

Dataprep Holdings Bhd

Market Cap: RM 105.8m

An investment holding company, provides information, communication, and technology (ICT) services primarily in Malaysia.

UCrest Berhad

Market Cap: RM 74.4m

An investment holding company, engages in the design, development, and marketing of information technology related products and services.

Sathlokhar Synergys E&C Global

Market Cap: ₹10.7b

Operates as an integrated engineering, procurement, construction, and infra turnkey contracting company in India.

Hitachi Energy India

Market Cap: ₹694.0b

Offers products, projects, and services for electricity transmission and related activities in India and internationally.

Aspinwall

Market Cap: ₹2.2b

A multi-line business organization, engages in coffee processing and trading, rubber plantations, natural fiber, and logistics businesses in India, the Americas, Europe, and internationally.

United Nilgiri Tea Estates

Market Cap: ₹2.1b

Engages in growing, manufacturing, and selling teas in India.

CapitalNumbers Infotech

Market Cap: ₹3.7b

Provides digital consulting, information technology engineering, and software development solutions to enterprises and startups in India, the United States, the United Kingdom, and internationally.

Tata Investment

Market Cap: ₹312.2b

A publicly owned investment manager.

Honda India Power Products

Market Cap: ₹23.3b

Engages in the manufacture, marketing, and sale of portable generators, water pumps, general purpose engines, lawn mowers, brush cutters, portable gensets, tillers, and marine engines in India and internationally.

Twenty-four seven

Market Cap: JP¥2.4b

Provides store, Web, and application related services in Japan.

Shenzhen Q&D Circuits

Market Cap: CN¥6.0b

Manufactures and distributes electronic components.