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 top fundamentally strong smallcap stocks in India.
| Company | CMP (Rs) | RoCE (Latest, %) | D/E (Curr FY, x) | EBITDA (3 yrs, %) | EBITDA | RoE (Latest, %) | Sales (Rs m) |
|---|---|---|---|---|---|---|---|
| RADHA MADHAV | 1.7 | 988.2% | 0.8 | 18.6% | 206.2 | 988.2% | 5,336 |
| RELIGARE ENT | 224.1 | 169.6% | 0.4 | 126.0% | 1,622.0 | 154.2% | 46,765 |
| SWADESHI POLYTEX | 108.4 | 163.8% | 0.0 | 48.9% | 407.9 | 132.1% | 443 |
| KSOLVES INDIA | 342.6 | 147.3% | 0.0 | 200.8% | 329.0 | 110.4% | 783 |
| APUNKA INVEST COMM. | 267.8 | 92.2% | 0.7 | 69.7% | 529.4 | 57.8% | 3,715 |
| GAGAN GASES | 18.0 | 83.5% | 0.0 | 29.9% | 2.1 | 62.5% | 22 |
| REMEDIUM LIFECARE | 442.9 | 75.7% | 0.0 | 164.4% | 71.7 | 52.4% | 5,098 |
| WAAREE RENEWABLE TECH | 1,448.9 | 71.7% | 0.5 | 505.0% | 837.5 | 65.6% | 3,510 |
| ESAB INDIA | 5,882.7 | 70.2% | 0.0 | 24.4% | 1,868.7 | 52.1% | 11,044 |
| NEXUS COMMODITIES | 8.5 | 65.2% | 0.0 | 43.9% | 2.2 | 48.4% | 16 |
| DREAMFOLKS SERVICES | 555.4 | 64.1% | 0.0 | 29.9% | 989.2 | 47.4% | 7,733 |
| SIGMA SOLVE | 312.9 | 63.1% | 0.1 | 128.0% | 223.9 | 44.7% | 554 |
| SHARE INDIA SECURITIES | 1,682.0 | 61.7% | 0.2 | 91.1% | 4,927.3 | 41.3% | 10,882 |
| ADVANI HOTELS | 106.9 | 61.3% | 0.0 | 32.1% | 391.6 | 45.6% | 983 |
| BRAND CONCEPTS | 50.8 | 60.4% | 0.9 | 71.1% | 212.3 | 36.4% | 1,632 |
| BRAND CONCEPTS | 655.9 | 60.4% | 0.9 | 71.1% | 212.3 | 36.4% | 1,632 |
| ACEWIN AGRITECK | 3.0 | 59.8% | 0.1 | 63.5% | 146.2 | 44.4% | 307 |
| JYOTI RESINS | 1,579.4 | 58.0% | 0.0 | 80.3% | 606.3 | 43.8% | 2,613 |
| WEST COAST PAPER MILLS | 653.2 | 57.2% | 0.1 | 38.6% | 16,421.9 | 42.2% | 49,208 |
| TIMEX GROUP | 183.2 | 56.3% | 0.4 | 119.3% | 383.1 | 76.9% | 3,835 |
| FINE ORGANIC INDUSTRIES | 4,285.0 | 54.9% | 0.0 | 51.2% | 8,310.8 | 40.1% | 30,231 |
| MAAN ALUMINIUN | 132.7 | 54.8% | 0.4 | 79.2% | 712.9 | 38.4% | 8,139 |
| MACFOS | 474.0 | 53.8% | 0.4 | 100.7% | 108.8 | 44.9% | 802 |
| SKM EGG PRODUCTS | 389.4 | 53.6% | 0.5 | 562.0% | 1,441.5 | 39.0% | 6,618 |
| AVONMORE CAPITAL | 79.8 | 53.4% | 0.1 | 162.7% | 1,413.8 | 44.3% | 2,113 |
* 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.
Equitymaster's powerful BSE/NSE Stock Screener allows you to screen stocks based on both pre-set and your own criteria.