Quantitative Stock Strategy

Fundamentally Strong Penny Stocks in India (High ROCE)

Small-cap and low-priced Indian companies generating exceptional Return on Capital Employed (ROCE > 20%) with conservative balance sheets and positive earnings.

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Matching Stocks

Ranked by Market Cap / Yield

Median Valuation

14.5x P/E

Price to Earnings multiple

Average ROCE

1458.5%

Screening Methodology & Selection Criteria

Filters out unprofitable microcaps by strictly requiring ROCE > 20%, market capitalization between ₹50 Cr and ₹3,000 Cr, and debt-to-equity below 0.5x.

Algorithmic Formula:roce > 20 AND market_cap > 50 AND market_cap < 3000 AND debt_to_equity < 0.5

Constituent Companies (50)

Values in ₹ Crores (Cr)

Company	Price (₹)	Market Cap	P/E	ROCE	Div Yield	3Y Sales Gr.	Action
1. SANDESH LTD SANDESH • Communication Services	₹960.85	₹768 Cr	7.2	17725.8%	49.00%	-0.6%	Analyze

Frequently Asked Questions

How are stocks selected for the "Fundamentally Strong Penny Stocks in India (High ROCE)" screen?

Filters out unprofitable microcaps by strictly requiring ROCE > 20%, market capitalization between ₹50 Cr and ₹3,000 Cr, and debt-to-equity below 0.5x. The screening pipeline evaluates all 2,300+ companies listed on the National Stock Exchange of India (NSE).

How frequently are the financial metrics updated?

All share prices, market capitalizations, valuation multiples (P/E, P/B), and return ratios are synchronized with live market feeds and quarterly statutory filings from the NSE.

Can I customize the screening parameters?

Yes! You can use UpMyFolio's Custom Screener Builder to modify ratio thresholds, add balance sheet constraints, or combine technical indicators with fundamental formulas.

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