Fundamentally strong stocks are those stocks that have a solid financial foundation, such as strong earnings growth, low debt-to-equity ratio, high return on equity, and a stable cash flow.
These stocks are considered to be good long-term investments as they have the potential to perform well even during economic downturns.
Here's a list of some of the fundamentally strong midcap stocks in India.
| Company | CMP (Rs) | RoCE (Latest, %) | D/E (Curr FY, x) | EBITDA (3 yrs, %) | EBITDA | RoE (Latest, %) | Sales (Rs m) |
|---|---|---|---|---|---|---|---|
| PAGE INDUSTRIES | 40,095.0 | 71.1% | 0.0 | 10.2% | 11,528.6 | 50.8% | 52,468 |
| GSK PHARMA | 2,489.5 | 61.7% | 0.0 | 17.6% | 13,092.0 | 45.4% | 38,217 |
| DIXON TECHNOLOGIES | 14,128.0 | 58.0% | 0.1 | 58.0% | 15,147.5 | 42.4% | 388,601 |
| LG ELECTRONICS INDIA LTD. | 1,561.1 | 50.2% | 0.0 | 21.9% | 31,018.6 | 36.9% | 243,666 |
| IRCTC | 499.8 | 48.4% | 0.0 | 21.1% | 15,497.9 | 35.9% | 46,748 |
| ORACLE FINANCIAL | 11,663.7 | 48.1% | 0.0 | 11.1% | 33,680.0 | 34.5% | 76,721 |
| ABBOTT INDIA | 28,777.9 | 44.3% | 0.0 | 16.2% | 18,899.9 | 32.7% | 69,291 |
| NIPPON LIFE INDIA AMC | 1,164.0 | 43.9% | 0.0 | 31.2% | 17,932.0 | 33.9% | 27,087 |
| HDFC AMC | 2,586.9 | 41.2% | 0.0 | 26.8% | 32,953.3 | 31.6% | 41,222 |
| NALCO | 343.0 | 40.1% | 0.0 | 18.5% | 75,646.4 | 29.6% | 167,876 |
| MAZAGON DOCK SHIP. | 2,359.0 | 38.7% | 0.0 | 67.2% | 20,688.8 | 28.7% | 114,319 |
| PREMIER ENERGIES LTD. | 1,045.0 | 38.0% | 0.7 | 292.0% | 17,808.8 | 33.4% | 65,187 |
| HERO MOTOCORP | 5,030.0 | 34.8% | 0.0 | 19.9% | 68,441.5 | 26.8% | 474,112 |
| APAR INDUSTRIES | 13,811.7 | 32.3% | 0.1 | 43.7% | 15,815.0 | 18.2% | 185,812 |
| PERSISTENT SYSTEMS | 5,201.0 | 32.0% | 0.0 | 22.9% | 27,954.4 | 24.0% | 147,484 |
| AJANTA PHARMA | 3,571.0 | 30.8% | 0.0 | 21.2% | 13,948.3 | 23.3% | 54,529 |
| LUPIN | 2,515.0 | 30.4% | 0.3 | 68.0% | 81,595.3 | 23.9% | 279,580 |
| BHARTI HEXACOM LTD. | 1,650.8 | 29.9% | 0.4 | 20.6% | 48,904.0 | 24.2% | 93,538 |
| KALYAN JEWELLERS | 578.4 | 28.8% | 0.7 | 22.8% | 15,800.9 | 14.9% | 250,451 |
| WAAREE ENERGIES LTD. | 2,726.3 | 28.8% | 0.1 | 190.6% | 27,216.4 | 20.5% | 144,445 |
| AUTHUM INVESTMENT | 560.5 | 28.0% | 0.1 | 67.7% | 40,347.2 | 28.9% | 45,783 |
| SUZLON ENERGY | 53.2 | 27.8% | 0.0 | 29.4% | 17,957.8 | 34.6% | 108,897 |
| ADITYA INFOTECH LTD. | 3,510.0 | 27.4% | 0.1 | 51.9% | 5,630.4 | 19.8% | 42,208 |
| ANTHEM BIOSCIENCES LTD. | 795.0 | 27.4% | 0.0 | 25.4% | 8,339.7 | 19.7% | 21,243 |
| UNITED SPIRITS | 1,391.0 | 26.6% | 0.0 | 17.3% | 22,860.0 | 19.1% | -28,820 |
* We show NM where the values are negative
Disclaimer: This is for information purposes only. These are not stock recommendations and should not be treated as such. Learn more about our recommendation services here... Also note that these screeners are based only on numbers. There is no screening for management quality.