Unveiling 3 Undiscovered Gems in India with Strong Fundamentals
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Over the last 7 days, the Indian market has remained flat, but it is up 42% over the past year with earnings forecasted to grow by 17% annually. In this dynamic environment, identifying stocks with strong fundamentals can be crucial for long-term success.
Top 10 Undiscovered Gems With Strong Fundamentals In India
| Name | Debt To Equity | Revenue Growth | Earnings Growth | Health Rating |
|---|---|---|---|---|
| Wealth First Portfolio Managers | NA | -47.95% | 40.47% | ★★★★★★ |
| Bharat Rasayan | 8.15% | 0.10% | -7.93% | ★★★★★★ |
| Indo Amines | 82.32% | 17.15% | 20.00% | ★★★★★☆ |
| Pearl Global Industries | 72.24% | 19.89% | 41.91% | ★★★★★☆ |
| Om Infra | 13.99% | 43.36% | 27.64% | ★★★★★☆ |
| Indo Tech Transformers | 2.30% | 22.04% | 60.31% | ★★★★★☆ |
| Master Trust | 37.05% | 27.57% | 41.99% | ★★★★★☆ |
| Ingersoll-Rand (India) | 1.05% | 14.88% | 27.54% | ★★★★★☆ |
| Lotus Chocolate | 13.51% | 28.07% | -10.66% | ★★★★★☆ |
| Sanstar | 50.30% | -8.41% | 48.59% | ★★★★☆☆ |
We're going to check out a few of the best picks from our screener tool.
IIFL Securities
Simply Wall St Value Rating: ★★★★☆☆
Overview: IIFL Securities Limited offers capital market services in India's primary and secondary markets with a market cap of ?98.80 billion.
Operations: IIFL Securities Limited generates revenue primarily from capital market activities (?20.25 billion) and insurance broking and ancillary services (?2.77 billion), with additional income from facilities and ancillary services (?375.25 million).
IIFL Securities, a promising player in India's capital markets, reported impressive earnings growth of 120.4% over the past year, outpacing the industry average of 63.6%. The company's net debt to equity ratio stands at a satisfactory 35.5%, reflecting prudent financial management as it reduced from 117.6% five years ago. Despite recent volatility in its share price, IIFLSEC's P/E ratio of 16.8x remains attractive compared to the broader Indian market's 34.5x.
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Click here to discover the nuances of IIFL Securities with our detailed analytical health report.
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Assess IIFL Securities' past performance with our detailed historical performance reports.
LT Foods
Simply Wall St Value Rating: ★★★★★★
Overview: LT Foods Limited engages in the milling, processing, and marketing of branded and non-branded basmati rice and rice food products in India and internationally, with a market cap of ?144.60 billion.
Operations: The primary revenue stream for LT Foods Limited is the manufacture and storage of rice, generating ?81.21 billion. The company focuses on both branded and non-branded basmati rice products in domestic and international markets.
LT Foods shows promising potential with a net debt to equity ratio of 25.3%, reflecting prudent financial management. Earnings surged by 35.7% last year, outpacing the food industry’s 15% growth, and are expected to rise by another 10.53% annually. Trading at a P/E ratio of 23.7x, it offers good value compared to the Indian market's average of 34.5x, while its EBIT covers interest payments tenfold (10.8x coverage).