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.

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.

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.

PAN HR Solution

Market Cap: ₹410.0m

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

Amanaya Ventures

Market Cap: ₹59.8m

Operates as a bullion trader 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.

Madhur Industries

Market Cap: ₹24.5m

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

Shanti Spintex

Market Cap: ₹726.0m

Manufactures and sells denim fabrics in India.

Vasudhagama Enterprises

Market Cap: ₹39.5m

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

Emkay Tools

Market Cap: ₹10.7b

Manufactures and sells precision cutting tools in India.

ELANTAS Beck India

Market Cap: ₹83.3b

Manufactures and sells specialty chemicals for the electrical insulation and construction industries in India.

Emami

Market Cap: ₹173.3b

Manufactures and markets personal and healthcare products in India and internationally.

Voith Paper Fabrics India

Market Cap: ₹6.5b

Engages in the manufacture and trading of paper machine clothing for pulp, and paper and paperboard industries in India and internationally.

Hexaware Technologies

Market Cap: ₹301.5b

Provides information technology consulting, software development, and business process services worldwide.

Monolithisch India

Market Cap: ₹16.3b

Manufactures, trades in, and supplies ramming mass in India and Nepal.

Samtel India

Market Cap: ₹424.9m

Does not have significant operations.

Action Construction Equipment

Market Cap: ₹117.6b

Manufactures and sells material handling and construction equipment primarily in India and internationally.

Mayur Uniquoters

Market Cap: ₹34.4b

Engages in the manufacture and sale of coated textile fabrics in India and internationally.

SPL Industries

Market Cap: ₹927.7m

Manufactures and sells knitted garments and fabrics in India and internationally.

Pricol

Market Cap: ₹71.5b

Manufactures and sells instrument clusters and other allied automobile components to original equipment manufacturers and replacement markets in India and internationally.

Mercantile Ventures

Market Cap: ₹2.7b

Provides security services in India.

S J Logistics (India)

Market Cap: ₹5.1b

Provides logistics and supply chain solutions in India and internationally.

Sakar Healthcare

Market Cap: ₹18.0b

Research, develops, manufactures, and sells pharmaceutical products in India.

Envair Electrodyne

Market Cap: ₹401.4m

Manufactures and trades in clean air equipment, technical furniture, and hydraulic oil cleaners in India.

Aurobindo Pharma

Market Cap: ₹894.8b

A biopharmaceutical company, develops, manufactures, commercializes, and sells generic pharmaceuticals, active pharmaceutical ingredients (APIs), and injectables.

Patel Integrated Logistics

Market Cap: ₹1.1b

Provides logistics services in India.

Munjal Showa

Market Cap: ₹5.1b

Manufactures and sells auto components for the two-wheeler and four-wheeler industry primarily in India and internationally.

Malpani Pipes and Fittings

Market Cap: ₹707.2m

Manufactures and sells high-grade plastic pipes in India.