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.
| Company | CMP (Rs) | RoCE (Latest, %) | D/E (Curr FY, x) | EBITDA (3 yrs, %) | EBITDA | RoE (Latest, %) | Sales (Rs m) |
|---|---|---|---|---|---|---|---|
| RADHA MADHAV | 1.8 | 988.2% | 0.8 | 18.6% | 206.2 | 988.2% | 5,336 |
| ELPRO INTER | 65.9 | 104.7% | 0.0 | 76.1% | 347.9 | 85.8% | 724 |
| INDOVATION TECH | 43.1 | 81.6% | 0.8 | 55.0% | 0.0 | 87.6% | 53 |
| SUUMAYA INDUSTRIES | 8.3 | 76.0% | 0.8 | 531.9% | 13,180.4 | 64.0% | 128,162 |
| CHANDRA PRAB | 24.2 | 71.1% | 0.2 | 73.5% | 278.4 | 51.8% | 7,257 |
| ACEWIN AGRITECK | 3.0 | 59.8% | 0.1 | 63.5% | 146.2 | 44.4% | 307 |
| ANG LIFESCIENCES INDIA | 65.4 | 59.7% | 0.9 | 79.1% | 679.0 | 48.1% | 3,543 |
| RADHE DEVELOPERS | 3.2 | 58.9% | 0.0 | 275.3% | 327.7 | 46.3% | 436 |
| AXITA COTTON | 26.3 | 58.2% | 0.8 | 72.8% | 148.9 | 39.9% | 8,228 |
| ADD-SHOP PROMOTIONS | 39.4 | 57.3% | 0.4 | 140.4% | 0.0 | 48.5% | 1,597 |
| MAAN ALUMINIUN | 77.0 | 54.8% | 0.4 | 79.2% | 712.9 | 38.4% | 8,139 |
| JAYASWAL NECO | 28.1 | 52.6% | -4.9 | 34.6% | 12,728.8 | 122.6% | 59,586 |
| MANALI PETRO | 62.9 | 50.5% | 0.0 | 75.0% | 5,287.7 | 37.0% | 16,719 |
| CHENNAI MEENAKSHI | 26.3 | 50.4% | -3.2 | 39.7% | 57.4 | 0.0% | 314 |
| DOLAT INV. | 45.6 | 48.5% | 0.3 | 40.1% | 2,267.2 | 31.8% | 2,928 |
| UMA EXPORTS | 49.3 | 47.0% | 0.3 | 58.4% | 344.5 | 25.7% | 12,770 |
| AMBALAL SARABHAI | 27.7 | 45.9% | 0.2 | 62.5% | 252.3 | 39.4% | 1,967 |
| GIAN LIFE CARE | 19.6 | 44.7% | 0.1 | 228.4% | 69.2 | 31.2% | 159 |
| SHYAM CENTURY FERROUS | 18.8 | 44.0% | 0.0 | 61.0% | 739.6 | 32.5% | 2,074 |
| CALIFORNIA SOFTWARE | 14.2 | 43.6% | 0.3 | 123.6% | 74.3 | 31.4% | 109 |
| MISHTANN FOODS | 13.2 | 43.0% | 0.8 | 30.9% | 520.1 | 31.1% | 4,986 |
| COMBAT DRUGS | 16.1 | 41.6% | 0.4 | 138.0% | 60.3 | 47.1% | 653 |
| AJANTA SOYA | 27.2 | 41.3% | 0.0 | 182.0% | 476.5 | 34.3% | 13,451 |
| KANISHK STEEL | 28.3 | 39.7% | 0.3 | 20.0% | 180.3 | 30.8% | 3,142 |
| MAFIA TRENDS | 15.0 | 38.2% | 0.6 | 27.3% | 0.0 | 23.9% | 72 |
* We show NM where the values are negative
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