Indian Potentially Undervalued Small Caps

Stanpacks (India)

Market Cap: ₹67.3m

Manufactures and sells polypropylene (PP) bags in India.

Evoq Remedies

Market Cap: ₹79.9m

Engages in the pharmaceutical business in India.

Chandni Machines

Market Cap: ₹254.5m

Engages in the trading of engineering goods in India.

Sunil Industries

Market Cap: ₹363.3m

Manufactures and sells fabrics in India.

Metal Coatings (India)

Market Cap: ₹417.6m

Manufactures and sells cold-rolled steel strips and hot-rolled pickled and oiled steel strips and coils in India.

G M Polyplast

Market Cap: ₹848.0m

Manufactures and supplies plastic granules and sheets in India and internationally.

Dachepalli Publishers

Market Cap: ₹1.0b

Dachepalli Publishers Limited publishes K-12 segment textbooks for CBSE, ICSE, and State Board curriculums.

Takyon Networks

Market Cap: ₹394.0m

Provides networking and IT infrastructure solutions to government agencies and corporate enterprises in India.

Aarvi Encon

Market Cap: ₹1.9b

A technical manpower supply company, provides permanent and temporary manpower services in India, Malaysia, Italy, and internationally.

Paragon Fine And Speciality Chemical

Market Cap: ₹798.3m

Manufactures and sells specialty intermediates, cosmetics intermediates, pharma intermediates, and agro intermediates in India.

Catvision

Market Cap: ₹108.8m

Manufactures and distributes video and data products and services in India.

Superior Industrial Enterprises

Market Cap: ₹460.1m

Engages in the manufacturing of corrugated boxes in India.

Riddhi Services

Market Cap: ₹759.5m

Provides document management, inbound and outbound contact center, data entry, software development, logistics, transportation, verification, and recruitment services in India.

Rajgor Castor Derivatives

Market Cap: ₹562.0m

Manufactures, deals, and trades in castor oil, seeds and derivative products, and other merchandise in India.

Shri Balaji Valve Components

Market Cap: ₹835.8m

Engages in the manufacturing of ready-to-assemble valve components in India, Africa, Asia, North America, South America, Europe, Australia, and internationally.

Swarnsarita Jewels India

Market Cap: ₹727.1m

Manufactures, imports, wholesales, trades in, retails, and sells polished diamonds and jewelry products in India and internationally.

Welcast Steels

Market Cap: ₹451.2m

Manufactures and sells high chrome grinding media balls in India and internationally.

Narmada Gelatines

Market Cap: ₹2.2b

Manufactures and sells gelatine and related products in India and internationally.

Sibar Auto Parts

Market Cap: ₹120.3m

Engages manufacturing and sale of spare parts for automobiles in India.

Om Freight Forwarders

Market Cap: ₹2.7b

Provides third party logistics services through sea, road, rail, and air in India.

IRIS RegTech Solutions

Market Cap: ₹4.9b

Provides regulatory technology solutions in India, the Middle East, the Asia Pacific, Africa, the United States, Europe, and the United Kingdom.

Varvee Global

Market Cap: ₹3.2b

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

Dynamic Services & Security

Market Cap: ₹3.3b

Provides security guarding and manpower solutions in India.

Baroda Rayon

Market Cap: ₹2.5b

Engages in the development of real estate properties in India.

Nandan Denim

Market Cap: ₹3.8b

Manufactures and sells denim, shirting materials, yarn, and various fabrics in India.

Thinking Hats Entertainment Solutions

Market Cap: ₹194.2m

Engages in the entertainment, event management, and retail merchandise businesses in India.

Anna Infrastructures

Market Cap: ₹113.2m

Engages in the real estate development business in India.

Sahyadri Industries

Market Cap: ₹2.7b

Engages in the production and sale of cement sheets and accessories, trading of steel doors, and generation of wind power electricity in India.

Innovative Tech Pack

Market Cap: ₹308.0m

Engages in the manufacture and resale of plastic bottles, jars, containers, and pre-forms and caps in India.

Sangal Papers

Market Cap: ₹198.6m

Engages in the manufacturing of paper in India.

Manas Properties

Market Cap: ₹1.6b

Manas Properties Limited engages in the construction, development, and leasing of properties in India.

Infra Industries

Market Cap: ₹39.9m

Infra Industries Limited manufactures and sells plastic products in India.

Karnimata Cold Storage

Market Cap: ₹47.4m

Engages in the cold storage business in India.

SMVD Poly Pack

Market Cap: ₹112.3m

Manufactures and markets flexible intermediate bulk containers (FIBC) packaging products primarily in India.

B. D. Industries (Pune)

Market Cap: ₹1.5b

Develops, manufactures, supplies, and sells molded plastic products in India and internationally.

Chandra Prabhu International

Market Cap: ₹430.4m

Engages in the trading of coal, synthetic rubber, chemicals, and metals in India.