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 stocks in India.
| Company | CMP (Rs) | RoCE (Latest, %) | D/E (Curr FY, x) | EBITDA (3 yrs, %) | EBITDA | RoE (Latest, %) | Sales (Rs m) |
|---|---|---|---|---|---|---|---|
| INTERGLOBE AVIATION (INDIGO) | 5,311.1 | 137.3% | 0.2 | 215.8% | 181,019.0 | 78.4% | 808,029 |
| ICICI PRUDENTIAL ASSET MANAGEMENT COMPANY LTD. | 3,160.1 | 107.8% | 0.0 | 27.5% | 42,938.3 | 80.4% | 57,646 |
| PAGE INDUSTRIES | 39,406.7 | 72.8% | 0.0 | 10.5% | 10,625.5 | 51.8% | 49,349 |
| GSK PHARMA | 2,435.5 | 61.7% | 0.0 | 17.6% | 13,092.0 | 45.4% | 38,217 |
| BRITANNIA | 5,353.7 | 60.5% | 0.3 | 13.1% | 31,871.5 | 50.0% | 179,427 |
| DIXON TECHNOLOGIES | 13,420.6 | 58.0% | 0.1 | 58.0% | 15,147.5 | 42.4% | 388,601 |
| ANAND RATHI WEALTH | 2,150.4 | 56.8% | 0.0 | 26.4% | 4,814.9 | 41.4% | 11,488 |
| LG ELECTRONICS INDIA LTD. | 1,565.3 | 50.2% | 0.0 | 21.9% | 31,018.6 | 36.9% | 243,666 |
| IRCTC | 503.4 | 48.4% | 0.0 | 21.1% | 15,497.9 | 35.9% | 46,748 |
| ORACLE FINANCIAL | 11,656.0 | 48.1% | 0.0 | 11.1% | 33,680.0 | 34.5% | 76,721 |
| ADITYA INFOTECH LTD. | 3,667.2 | 46.6% | 0.5 | 23.0% | 2,473.3 | 34.9% | 31,119 |
| HYUNDAI MOTOR INDIA LTD. | 1,983.0 | 45.9% | 0.0 | 17.7% | 89,537.6 | 34.6% | 691,929 |
| ABBOTT INDIA | 27,125.0 | 45.2% | 0.0 | 16.1% | 16,921.3 | 33.6% | 64,092 |
| COAL INDIA | 429.5 | 44.9% | 0.1 | 20.3% | 429,472.0 | 35.6% | 791,904 |
| NIPPON LIFE INDIA AMC | 1,212.7 | 43.9% | 0.0 | 31.2% | 17,932.0 | 33.9% | 27,087 |
| 3M INDIA | 35,357.3 | 42.5% | 0.0 | 25.5% | 7,696.0 | 25.8% | 44,456 |
| FORCE MOTORS | 18,151.4 | 41.7% | 0.0 | 153.4% | 10,927.2 | 26.4% | 80,717 |
| ITD CEMENTATION INDIA | 1,565.5 | 41.4% | 0.4 | 36.4% | 10,156.9 | 24.9% | 100,606 |
| HDFC AMC | 2,762.1 | 41.2% | 0.0 | 26.8% | 32,953.3 | 31.6% | 41,222 |
| SCHNEIDER ELECTRIC INFRA | 1,414.4 | 40.9% | 0.8 | 62.7% | 3,705.0 | 48.8% | 26,367 |
| NALCO | 354.9 | 40.1% | 0.0 | 18.5% | 75,646.4 | 29.6% | 167,876 |
| CDSL | 1,431.9 | 39.5% | 0.0 | 19.4% | 6,242.7 | 29.9% | 10,822 |
| MOTHERSON SUMI WIRING | 40.2 | 39.2% | 0.0 | 10.2% | 10,604.0 | 28.9% | 114,776 |
| SOLAR INDUSTRIES | 18,236.8 | 38.8% | 0.2 | 38.3% | 19,421.3 | 29.4% | 75,403 |
| MAZAGON DOCK SHIP. | 2,420.1 | 38.7% | 0.0 | 67.2% | 20,688.8 | 28.7% | 114,319 |
* 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.