In the last week, the Indian market has stayed flat, yet it is up 41% over the past year with earnings forecast to grow by 17% annually. In this thriving environment, identifying stocks with strong fundamentals and growth potential can be particularly rewarding.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Bharat Rasayan | 8.15% | 0.10% | -7.93% | ★★★★★★ |
| Om Infra | 13.99% | 43.36% | 27.64% | ★★★★★☆ |
| Indo Tech Transformers | 2.30% | 22.05% | 60.31% | ★★★★★☆ |
| Ingersoll-Rand (India) | 1.05% | 14.88% | 27.54% | ★★★★★☆ |
| Genesys International | 12.13% | 15.75% | 36.33% | ★★★★★☆ |
| BLS E-Services | 1.67% | 15.04% | 51.58% | ★★★★★☆ |
| Monarch Networth Capital | 32.66% | 31.02% | 50.24% | ★★★★☆☆ |
| Sky Gold | 127.01% | 22.02% | 48.03% | ★★★★☆☆ |
| Sanstar | 50.30% | -8.41% | 48.59% | ★★★★☆☆ |
| Rir Power Electronics | 54.23% | 16.42% | 34.78% | ★★★★☆☆ |
Below we spotlight a couple of our favorites from our exclusive screener.
Advanced Enzyme Technologies (NSEI:ADVENZYMES)
Simply Wall St Value Rating: ★★★★★★
Overview: Advanced Enzyme Technologies Limited, along with its subsidiaries, engages in the research, development, manufacture, and marketing of enzymes and probiotics across India, Europe, the United States, Asia, and internationally with a market cap of ₹57.14 billion.
Operations: Advanced Enzyme Technologies generates revenue primarily from the manufacturing and sales of enzymes, contributing ₹6.31 billion.
Advanced Enzyme Technologies has shown solid financial health, with earnings growing 18.9% over the past year, outpacing the Chemicals industry’s 10.7%. The company’s debt to equity ratio improved from 5% to 3.5% in five years and it holds more cash than its total debt. Recent Q1 results reported sales of ₹1,545 million and net income of ₹341 million, up from ₹288 million a year ago. Earnings per share rose to ₹3.05 from ₹2.58 previously.
Gokul Agro Resources (NSEI:GOKULAGRO)
Simply Wall St Value Rating: ★★★★★☆
Overview: Gokul Agro Resources Limited engages in the manufacture and trading of edible and non-edible oils, meals, and other agro products in India, with a market cap of ₹44.60 billion.
Operations: The primary revenue stream for Gokul Agro Resources comes from agro-based commodities, generating ₹156.80 billion. The company focuses on manufacturing and trading edible and non-edible oils, meals, and other agro products in India.
Gokul Agro Resources, a small cap player in the Indian market, has shown notable financial improvements. Over the past year, earnings grew by 28.4%, outpacing the Food industry’s 16.6%. The company's debt to equity ratio dropped from 124.4% to 76.8% over five years, reflecting better financial health. Despite a price-to-earnings ratio of 27.5x being lower than the market's average of 34.2x, its EBIT covers interest payments only at a rate of 2.3x—indicating room for improvement in this area.
- Delve into the full analysis health report here for a deeper understanding of Gokul Agro Resources.
Understand Gokul Agro Resources' track record by examining our Past report.
Zaggle Prepaid Ocean Services (NSEI:ZAGGLE)
Simply Wall St Value Rating: ★★★★☆☆
Overview: Zaggle Prepaid Ocean Services Limited develops financial products and solutions to manage business expenses for corporates, SMEs, and startups through automated workflows, with a market cap of ₹54.06 billion.
Operations: Zaggle Prepaid Ocean Services Limited generates revenue primarily from program fees (₹4.01 billion), Propel platform revenue/gift cards (₹4.76 billion), and platform/SaaS/service fees (₹326.27 million).
Zaggle Prepaid Ocean Services has shown impressive growth, with earnings surging by 108.5% over the past year, outpacing the software industry's 32.4%. The company recently secured significant contracts with HDFC ERGO and Blue Star Ltd., enhancing its service offerings in rewards and expense management. Zaggle's interest payments are well covered by EBIT at 31.5x, indicating strong financial health. With high-quality earnings and a forecasted annual growth rate of 32.65%, Zaggle appears poised for continued success in its niche market segments.
- Unlock comprehensive insights into our analysis of Zaggle Prepaid Ocean Services stock in this health report.
Gain insights into Zaggle Prepaid Ocean Services' past trends and performance with our Past report.
Next Steps
- Gain an insight into the universe of 481 Indian Undiscovered Gems With Strong Fundamentals by clicking here.
- Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance.
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Ready To Venture Into Other Investment Styles?
- 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.
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About NSEI:ADVENZYMES
Advanced Enzyme Technologies
Engages in the research, development, manufacture, and marketing of enzymes and probiotics in India, Europe, the United States, Asia, and internationally.
Flawless balance sheet with reasonable growth potential.
