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.

Emkay Tools

Market Cap: ₹10.7b

Manufactures and sells precision cutting tools in India.

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.

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.

Monolithisch India

Market Cap: ₹16.3b

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

Patel Integrated Logistics

Market Cap: ₹1.1b

Provides logistics services in India.

V-Guard Industries

Market Cap: ₹133.8b

Manufactures and sells electrical and electronic products in India and internationally.

WSFx Global Pay

Market Cap: ₹775.7m

Engages in the foreign exchange business (forex) in India.

Haryana Leather Chemicals

Market Cap: ₹311.7m

Manufactures and sells various performance chemicals for use in leather processing, footwear finishing, textile printing, pressure sensitive adhesives, and PVC additives in India and internationally.

Tyche Industries

Market Cap: ₹1.3b

Manufactures and sells active pharmaceutical ingredients and intermediates in India and internationally.

Saint-Gobain Sekurit India

Market Cap: ₹12.3b

Manufactures and sells laminated and tempered automotive glass in India.

Ultra Wiring Connectivity System

Market Cap: ₹557.3m

Engages in the manufacturing and sale of wipers, connectors, cable tie clips, and allied components in India.

Infinium Pharmachem

Market Cap: ₹3.3b

Engages in the manufacture and supply of iodine, iodine derivatives, and active pharmaceutical ingredients (APIs) in India and internationally.

International Gemological Institute

Market Cap: ₹155.4b

Engages in the certification and accreditation services for natural diamonds, laboratory grown diamonds, studded jewelry, and colored gemstones in India and internationally.

Indef Manufacturing

Market Cap: ₹8.3b

Provides material handling solutions in India.

Intellect Design Arena

Market Cap: ₹104.5b

Engages in the development, marketing, and sale of integrated banking software systems in India and internationally.

Park Medi World

Market Cap: ₹123.3b

Operates a network of hospitals.

ELANTAS Beck India

Market Cap: ₹83.3b

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