Are you scanning the markets for promising long-term investment opportunities? With the recent market correction, over 1200 NSE-listed stocks have seen price drops of more than 50%. But we know — quantity isn’t quality. So we went deeper.
From this huge list, we filtered companies that showed more than 50% year-on-year growth in both sales and profits — narrowing it down to 130 candidates. After applying additional filters like financial health, promoter holding, and valuations, we shortlisted a handful of standout performers.
Here’s our curated list of 7 high-potential Indian stocks with solid fundamentals and promising outlooks — ranked from strongest to fair value picks.
🥇 1. Elixir Capital
A small-cap investment and financial services firm with surprisingly strong fundamentals.
- Current Price: ₹133
- Market Cap: ₹77.18 Cr
- ROE / ROCE: 49.95% / 36.75%
- Debt-to-Equity: 0.36
- Sales Growth (1Y/3Y): 241.36% / 56.4%
- Profit Growth (1Y/3Y): 330.08% / 151.09%
- P/E Ratio: 3.29
- Price to Book: 1.24
- Promoter Holding: 71.29% (Unpledged)
✅ Why it stands out:
- Undervalued with exceptional growth
- Strong return metrics
❌ What to watch:
- Low liquidity due to small size
🥈 2. Waaree Renewables
A rising star in the clean energy space, this solar player shows strong fundamentals and sectoral tailwinds.
- Current Price: ₹892.95
- Market Cap: ₹9308.69 Cr
- ROE / ROCE: 80.24% / 107.1%
- Debt-to-Equity: 0.10
- Sales Growth (1Y/3Y): 110.43% / 180.11%
- Profit Growth (1Y/3Y): 70.4% / 243.74%
- P/E Ratio: 49.78
- Price to Book: 29.12
- Promoter Holding: 74.39%
✅ Why it stands out:
- Clean balance sheet and top-notch return ratios
- Renewable energy sector momentum
❌ What to watch:
- Valuation is on the expensive side
🥉 3. Kore Digital
Focused on telecom and digital infrastructure, Kore is showing impressive growth with a debt-free profile.
- Current Price: ₹321.45
- Market Cap: ₹386.51 Cr
- ROE / ROCE: 28.54% / 39.91%
- Debt-to-Equity: 0.00
- Sales Growth (1Y/3Y): 99.82% / 198.06%
- Profit Growth (1Y/3Y): 76.93% / 210.21%
- P/E Ratio: 25.58
- Price to Book: 4.69
- Promoter Holding: 62.69%
✅ Why it stands out:
- No debt and strong growth metrics
- Decent promoter confidence
❌ What to watch:
- Valuation is slightly premium
4. Pulsar International
This micro-cap company operates across diverse sectors and shows strong earnings growth.
- Current Price: ₹11.28
- Market Cap: ₹80.53 Cr
- ROE / ROCE: 31% / 31%
- Debt-to-Equity: 0.00
- Sales Growth (1Y/3Y): 259.25% / 117.11%
- Profit Growth (1Y/3Y): 116.79% / 106.68%
- P/E Ratio: 27.11
- Price to Book: 6.41
- Promoter Holding: 8.18%
✅ Why it stands out:
- Strong growth with zero debt
❌ What to watch:
- Very low promoter holding
- High-risk micro-cap
5. Shardul Securities
A financial services holding company with decent historical profitability and strong fundamentals.
- Current Price: ₹43.79
- Market Cap: ₹383.12 Cr
- ROE / ROCE: 17.43% / 28.87%
- Debt-to-Equity: 0.01
- Sales Growth (1Y/3Y): 74.78% / 90.63%
- Profit Growth (1Y/3Y): 54.29% / 201.61%
- P/E Ratio: 3.22
- Price to Book: 0.47
- Promoter Holding: 74.84%
✅ Why it stands out:
- Trading at a deep value
- Clean balance sheet
❌ What to watch:
- Growth pace may be moderate
6. Saraswati Commercial
This quiet performer in the investment space shows a clean balance sheet and decent profitability.
- Current Price: ₹12500
- Market Cap: ₹1287.41 Cr
- ROE / ROCE: 18.49% / 21.84%
- Debt-to-Equity: 0.01
- Sales Growth (1Y/3Y): 63.66% / 69.4%
- Profit Growth (1Y/3Y): 53.98% / 73.18%
- P/E Ratio: 13.04
- Price to Book: 1.51
- Promoter Holding: 73.99%
✅ Why it stands out:
- Low leverage and solid history
❌ What to watch:
- Not as aggressive in growth as peers
7. Kesar India
An emerging mid-cap with breakout growth, but high valuations may keep value investors cautious.
- Current Price: ₹550.05
- Market Cap: ₹1359.32 Cr
- ROE / ROCE: 41.6% / 39.29%
- Debt-to-Equity: 0.46
- Sales Growth (1Y/3Y): 129.39% / 207.96%
- Profit Growth (1Y/3Y): 131.01% / 298.66%
- P/E Ratio: 69.39
- Price to Book: 30.04
- Promoter Holding: 74.99%
✅ Why it stands out:
- Skyrocketing growth
❌ What to watch:
- Premium pricing and moderate debt
💡 Final Thoughts
This list spans across small-cap deep-value plays, debt-free digital growth stories, and richly valued clean energy picks. Each company was picked based on strong fundamentals, but remember: past growth is not a guarantee of future returns.
As always, do your own research or speak to a qualified advisor before making any investment.
What do you think?
Have you invested in any of these companies or have a stock you’d like us to analyze next? Share your thoughts in the comments below!
📢Disclaimer: This information is for educational purposes only and should not be considered investment advice. Please do your own research before making any financial decisions
Enjoyed this post? Like, Comment & Follow my blog for more insightful content!
Indian Stock Results 