Discovering IFB Industries And 2 Other Hidden Small Cap Gems In India

The Indian market has shown impressive resilience, rising 1.0% in the last week and surging 39% over the past year, with earnings anticipated to grow by 17% annually. In this dynamic environment, identifying promising small-cap stocks like IFB Industries can be key to uncovering potential growth opportunities that align with these robust market conditions.

Top 10 Undiscovered Gems With Strong Fundamentals In India

Name	Debt To Equity	Revenue Growth	Earnings Growth	Health Rating
All E Technologies	NA	40.78%	31.63%	★★★★★★
Goldiam International	0.74%	10.81%	15.85%	★★★★★★
Suraj	27.47%	17.95%	67.29%	★★★★★★
Le Travenues Technology	10.32%	26.39%	67.32%	★★★★★★
ELANTAS Beck India	NA	14.89%	24.83%	★★★★★★
Om Infra	13.99%	43.36%	27.66%	★★★★★☆
Macpower CNC Machines	0.40%	22.04%	31.09%	★★★★★☆
Ingersoll-Rand (India)	1.05%	14.88%	27.54%	★★★★★☆
SG Mart	16.77%	98.09%	96.54%	★★★★☆☆
Abans Holdings	91.77%	13.13%	18.72%	★★★★☆☆

Click here to see the full list of 469 stocks from our Indian Undiscovered Gems With Strong Fundamentals screener.

Underneath we present a selection of stocks filtered out by our screen.

IFB Industries (NSEI:IFBIND)

Simply Wall St Value Rating: ★★★★★☆

Overview: IFB Industries Limited, with a market cap of ₹87.48 billion, operates in the manufacturing and trading of home appliances both in India and internationally.

Operations: IFB Industries generates revenue primarily from home appliances, contributing ₹36.32 billion, followed by the engineering segment at ₹8.55 billion. The company also derives income from its motor and steel segments, amounting to ₹670.70 million and ₹1.65 billion respectively.

IFB Industries, a player in the consumer durables sector, has been making waves with its impressive earnings growth of 612.7% over the past year, far outpacing the industry average of 16.6%. The company reported sales of ₹12.69 billion for Q1 2025, up from ₹10.86 billion a year ago, turning around to a net income of ₹375 million from a previous loss of ₹6 million. Despite significant insider selling recently, IFB's interest payments are well covered by EBIT at 7.5x coverage and it holds more cash than total debt, indicating solid financial health amidst expanding operations and potential future growth prospects with earnings forecasted to grow by 34.28% annually.

• Unlock comprehensive insights into our analysis of IFB Industries stock in this health report.

• Evaluate IFB Industries' historical performance by accessing our past performance report.

Ingersoll-Rand (India) (NSEI:INGERRAND)

Simply Wall St Value Rating: ★★★★★☆

Overview: Ingersoll-Rand (India) Limited focuses on the manufacturing and sale of industrial air compressors within India, with a market capitalization of ₹145.19 billion.

Operations: The primary revenue stream for Ingersoll-Rand (India) Limited is from its Air Solutions segment, generating ₹12.27 billion. The company's financial performance can be analyzed through its market capitalization of ₹145.19 billion, reflecting its valuation in the industrial equipment sector within India.

Ingersoll-Rand (India) has shown steady financial performance with earnings growing at 27.5% annually over five years, though recent growth of 12.9% lagged behind the industry average of 25.9%. The company maintains a low debt-to-equity ratio of just 1%, indicating prudent financial management, and its free cash flow remains positive at INR 1,581 million as of March 2024. Recent earnings reported net income rising to INR 618 million from INR 537 million year-on-year, reflecting solid profitability despite executive changes in August.

• Click here and access our complete health analysis report to understand the dynamics of Ingersoll-Rand (India).

• Review our historical performance report to gain insights into Ingersoll-Rand (India)'s's past performance.

Time Technoplast (NSEI:TIMETECHNO)

Simply Wall St Value Rating: ★★★★★★

Overview: Time Technoplast Limited is a company that manufactures and sells polymer and composite products both in India and internationally, with a market capitalization of ₹104.73 billion.

Operations: The company generates revenue primarily from polymer products, contributing ₹33.43 billion, and composite products, adding ₹18 billion.

Time Technoplast has demonstrated impressive earnings growth of 44.6% over the past year, outpacing the packaging industry's 8.7%. The company's net debt to equity ratio stands at a satisfactory 25.9%, and its interest payments are well covered by EBIT with a 5.7x coverage ratio. Recent highlights include a dividend increase to INR 2 per share and securing a significant contract valued at INR 672 million, indicating strong operational momentum in its niche market segment.

• Take a closer look at Time Technoplast's potential here in our health report.

• Examine Time Technoplast's past performance report to understand how it has performed in the past.

Taking Advantage

• Take a closer look at our Indian Undiscovered Gems With Strong Fundamentals list of 469 companies by clicking here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

Searching for a Fresh Perspective?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com