These companies are also trading at attractive valuations when compared with their historical valuations due to the recent volatility in the markets.
Lack of earnings growth has been a major concern for most retail and savvy investors for the past couple of years, which is why it has become difficult to spot ‘alpha’ in Indian market. But all’s not lost.
ET Intelligence Group sifted through the financial performance of companies in the BSE 500 index for the past 13 quarters. A query was run to look for companies which have consistently delivered growth in all three key parameters of financial performance — revenues/sales, operating profit and net profit — for this period.
We arrived at a list of ten companies which have consistently shown growth on these parameters on a yearon-year comparison in the 13 quarters ending December 2018 quarter.
Interestingly, these companies are also trading at attractive valuations when compared with their historical valuations due to the recent volatility in the markets.
In addition to this, according to Bloomberg’s consensus estimates, these companies also have high visibility of earnings in the coming years, indicating that they are going to perform consistently in the future. Some of these companies include Caplin Point Laboratories, Sundram Fasteners, IndusInd Bank, Can Fin Homes, Page Industries, Power Grid Corporation and Gruh Finance.
