Indian Strong Balance Sheet Stocks

BLS Infotech

Market Cap: ₹599.6m

Engages in the provision of information technology (IT) and IT enabled services in India.

Bengal Steel Industries

Market Cap: ₹245.0k

Engages in the steel manufacturing and fabrication, real estate, and other allied service businesses.

Innovatus Entertainment Networks

Market Cap: ₹342.5m

Provides media, advertising, and marketing support services in India.

Franklin Leasing and Finance

Market Cap: ₹140.8m

A non-banking finance company, primarily engages in the business of advancing loans and investing/trading in securities in India.

Bindal Exports

Market Cap: ₹122.4m

Manufactures and exports textiles, garments, and made ups in India under the Fashfun brand.

Cigniti Technologies

Market Cap: ₹34.7b

Provides digital assurance and software testing services in India, the United States of America, and internationally.

Alphalogic Industries

Market Cap: ₹1.5b

Designs, manufactures, supplies, and installs industrial racks and storage solutions in India.

Mercury Laboratories

Market Cap: ₹975.6m

Engages in manufacturing, selling, exporting, and dealing in various pharmaceutical drugs and medicines for mother and child healthcare in India and internationally.

Ravelcare

Market Cap: ₹809.7m

Provides beauty and personal care products in India.

Mizzen Ventures

Market Cap: ₹2.9b

Engages in construction works and infrastructure activities in India.

Rapid Multimodal Logistics

Market Cap: ₹505.0m

Provides specialized transportation and logistics services across road, rail, sea, inland waterways, and air in India and internationally.

Vasudhagama Enterprises

Market Cap: ₹39.5m

Engages in the business of advertising and marketing support services in India.

Shanti Spintex

Market Cap: ₹726.0m

Manufactures and sells denim fabrics in India.

Madhur Industries

Market Cap: ₹24.5m

Manufactures, sells, and exports food products in India and internationally.

PAN HR Solution

Market Cap: ₹410.0m

Provides human resource, staffing services, and compliance solutions in India.

Mandeep Auto Industries

Market Cap: ₹198.5m

Manufactures and supplies sheet metal components, auto parts, sprocket gears, and various machined components in India.

Amanaya Ventures

Market Cap: ₹59.8m

Operates as a bullion trader in India.

Micropro Software Solutions

Market Cap: ₹275.3m

Provides software development, and maintenance and supports services in India and the United Arab Emirates.

Oscar Global

Market Cap: ₹64.7m

Does not have significant operations.

Dwarikesh Sugar Industries

Market Cap: ₹8.0b

Engages in the manufacture and sale of sugar in India.

Escorp Asset Management

Market Cap: ₹1.2b

Provides portfolio management services in India.

TCFC Finance

Market Cap: ₹235.1m

Operates as a non-banking finance company primarily in India.

Porwal Auto Components

Market Cap: ₹729.9m

Engages in manufacturing and marketing of automobile components in India.

DOMS Industries

Market Cap: ₹135.4b

Engages in the design, development, manufacturing, and sale of stationery and art material products under the DOMS brand name in India and internationally.

Jai Mata Glass

Market Cap: ₹172.0m

Engages in the trading of glass in India.

Protean eGov Technologies

Market Cap: ₹24.0b

Provides information technology (IT) enabled e-governance services in India.

Oswal Greentech

Market Cap: ₹5.8b

Develops real estate projects in India.

Supreme Industries

Market Cap: ₹405.7b

Manufactures and sells plastic products in India.

Austin Engineering

Market Cap: ₹452.8m

Manufactures and sells bearings and its components in India and internationally.

Super Bakers (India)

Market Cap: ₹113.5m

Manufactures and sells bread in India.

Dhanvantri Jeevan Rekha

Market Cap: ₹109.0m

Engages in the provision of medical and healthcare services in India.

Jagsonpal Pharmaceuticals

Market Cap: ₹15.5b

Engages in the manufacturing, selling, and trading of pharmaceutical products and active pharmaceutical ingredients in India and internationally.

Fiem Industries

Market Cap: ₹59.1b

Manufactures and supplies automotive lighting and signaling equipment, rear view mirrors, prismatic mirror, plastic moulded parts, bank angle sensor, canister, and sheet metal components for motorized vehicles in India and internationally.

Archean Chemical Industries

Market Cap: ₹64.4b

Manufactures and sells specialty marine chemicals in India and internationally.

Amagi Media Labs

Market Cap: ₹119.9b

Operates as a software-as-a-service company that connects media companies to their audiences through cloud-native technology.

Polychem

Market Cap: ₹796.0m

Together with its subsidiary, engages in the specialty chemicals and property development businesses in India and internationally.