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Fundamentally Strong Penny Stocks in India

Last Updated on 15 Jun 2026 (Close)

Penny stocks are stocks that trade at a low price, usually below Rs 100. While these stocks carry a higher risk due to their low liquidity and volatility, some of them may also have strong fundamentals.

Here are some of the fundamentally strong penny stocks in India.

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CompanyCMP
(Rs)
RoCE
(Latest, %)
D/E
(Curr FY, x)
EBITDA
(3 yrs, %)
EBITDARoE
(Latest, %)
Sales
(Rs m)
SADBHAV INFRA. PROJECT3.0336.7%-6.632.3%4,335.00.0%7,040
INDRA INDUSTRIES1.9255.6%-1.287.9%17.60.0%23
MODERN DAIRIES34.6170.0%0.212.4%139.5255.4%3,481
VINTRON INFORM7.798.5%0.2563.6%484.776.8%6,105
ISTREET NETWORK49.087.1%0.0222.2%2.20.0%60
ATEN PAPERS & FOAM LTD.23.569.6%0.877.6%106.549.9%1,387
RELIANCE INFRA81.965.8%0.527.1%37,564.562.1%244,414
MISHTANN FOODS4.064.6%0.1277.5%3,590.464.6%12,876
NEXUS COMMODITIES20.063.7%0.022.2%6.746.8%57
GUJ.TERC LAB35.059.2%0.251.5%38.8NM502
RULKA ELECTRICALS LTD.89.957.6%0.898.8%88.945.9%710
FUTURE MARKET10.756.1%0.923.0%393.570.2%1,010
VICTORY ELECTRIC VEHICLES INTERNATIONAL LTD.18.653.9%0.687.7%80.534.8%509
INFRONOICS SYST.16.949.4%0.0469.8%16.133.6%23
VAHH CHEMICALS LTD.66.349.2%0.8166.9%83.534.1%432
MOTHERSON SUMI WIRING37.948.6%0.010.9%9,963.035.7%93,194
HEXAGON NUTRITION LTD.52.948.2%0.167.9%408.734.3%718
UNICOMMERCE ESOLUTIONS LTD.91.845.5%0.074.0%265.732.4%1,348
TAPARIA TOOL29.144.5%0.021.2%1,557.433.0%9,129
KASHIRAM JAIN30.143.5%0.0256.6%690.043.5%5,488
HIND.EVEREST56.643.4%0.3148.8%483.731.6%2,347
GLOBE COMMERCIALS21.042.4%0.184.6%0.032.5%2,034
TEAMTECH FORMWORK SOLUTIONS LTD.82.041.6%0.560.9%175.234.9%537
SHINE FASHIONS (INDIA)24.340.4%0.3164.8%94.430.0%816
OLATECH SOLUTIONS LTD.89.839.8%0.2125.2%57.130.7%210

* 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.

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