The Indian market has seen a notable increase, rising by 1.6% over the last week and climbing 43% in the past year, with earnings projected to grow by 17% annually in the coming years. In this dynamic environment, identifying stocks with strong fundamentals and growth potential can significantly enhance your portfolio's performance.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| 3B Blackbio Dx | 0.38% | 3.93% | 3.59% | ★★★★★★ |
| Ingersoll-Rand (India) | NA | 14.88% | 27.54% | ★★★★★★ |
| Macpower CNC Machines | NA | 20.01% | 23.61% | ★★★★★★ |
| NGL Fine-Chem | 12.95% | 15.26% | 8.68% | ★★★★★★ |
| Knowledge Marine & Engineering Works | 35.48% | 46.55% | 46.96% | ★★★★★★ |
| Spright Agro | 0.58% | 83.13% | 86.22% | ★★★★★☆ |
| Avantel | 10.67% | 34.84% | 36.61% | ★★★★★☆ |
| Monarch Networth Capital | 32.66% | 30.99% | 50.24% | ★★★★☆☆ |
| Share India Securities | 24.23% | 37.66% | 48.98% | ★★★★☆☆ |
| SG Mart | 16.77% | 98.09% | 96.54% | ★★★★☆☆ |
Below we spotlight a couple of our favorites from our exclusive screener.
Gallantt Ispat (NSEI:GALLANTT)
Simply Wall St Value Rating: ★★★★★☆
Overview: Gallantt Ispat Limited engages in the manufacture of iron and steel in India and internationally, with a market cap of ₹87.02 billion.
Operations: Gallantt Ispat generates revenue primarily from the manufacture of iron and steel. The company has a market cap of ₹87.02 billion.
Gallantt Ispat, a promising player in India's metals and mining sector, reported impressive earnings growth of 115.2% over the past year, far outpacing the industry average of 17.2%. Recent Q1 results show revenue at ₹11.61 billion compared to ₹10.37 billion last year, with net income soaring to ₹1.22 billion from ₹307 million previously. The company’s debt-to-equity ratio rose from 8.1% to 18.8% over five years but remains manageable with EBIT covering interest payments 16.8 times over.
- Dive into the specifics of Gallantt Ispat here with our thorough health report.
Gain insights into Gallantt Ispat's past trends and performance with our Past report.
Gulf Oil Lubricants India (NSEI:GULFOILLUB)
Simply Wall St Value Rating: ★★★★★★
Overview: Gulf Oil Lubricants India Limited manufactures, markets, and trades lubricants for the automobile and industrial sectors in India, with a market cap of ₹65.74 billion.
Operations: Gulf Oil Lubricants India Limited generates revenue primarily from the sale of lubricants, amounting to ₹33.83 billion. The company has a market cap of ₹65.74 billion.
Gulf Oil Lubricants India has seen a notable reduction in its debt to equity ratio from 48.3% to 26.7% over the past five years, indicating improved financial health. The company's earnings grew by 33% last year, outpacing the Chemicals industry growth of 7.6%. With a P/E ratio of 20.2x, it trades at a good value compared to the Indian market's average of 33.7x, and its interest payments are well covered by EBIT (14.9x).
Tips Industries (NSEI:TIPSINDLTD)
Simply Wall St Value Rating: ★★★★★★
Overview: Tips Industries Limited engages in the acquisition and exploitation of music rights in India and internationally, with a market cap of ₹92.49 billion.
Operations: The company generates revenue primarily from its music segment, amounting to ₹2.63 billion.
Tips Industries, a promising player in the entertainment sector, has seen its earnings grow by 66% over the past year, outpacing the industry average of 11.6%. The company reported Q1 revenue of ₹785.06 million, up from ₹546.44 million a year ago, and net income increased to ₹435.63 million from ₹271.01 million. With a debt-to-equity ratio reduced to 2.8% from 12.1% over five years and more cash than total debt, Tips seems well-positioned for continued growth.
- Get an in-depth perspective on Tips Industries' performance by reading our health report here.
Examine Tips Industries' past performance report to understand how it has performed in the past.
Taking Advantage
- Gain an insight into the universe of 448 Indian Undiscovered Gems With Strong Fundamentals 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 a revolutionary app designed for long-term stock investors, it's free and covers every market in the world.
Contemplating Other Strategies?
- 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:GULFOILLUB
Gulf Oil Lubricants India
Manufactures, markets, and trades lubricating oils, greases, and other derivatives for use in the automobile and industrial sectors in India.
Outstanding track record with flawless balance sheet and pays a dividend.
