According to reports from The Financial Express, Benjamin Graham's Enterprising Investor strategy identified four Indian stocks that meet his rigorous value investing criteria. The screen applied Graham's five additional tests beyond stocks trading at less than 10 times earnings: financial condition with current assets at least 1.5 times current liabilities, debt below 110% of net current assets, earnings stability with no losses in previous five years, dividend payments, and earnings growth higher than five years earlier. The companies were required to have a current ratio above 1.5, P/E ratio of 9 or less, price-to-book ratio of 1.2 or less, and positive five-year EPS growth.
As reported by Equitymaster, Sudarshan Chemical Industries has emerged as India's largest pigment manufacturer following its landmark acquisition of the Heubach Group in March 2025, which previously integrated Clariant's pigment business. The company now ranks as the world's second-largest pigment producer with an extensive portfolio of approximately 1,600 products and 63 brands, supplying specialized color solutions across decorative and industrial coatings, plastics, printing inks, digital inks, cosmetics, agriculture, and high-performance electronics. A structural advantage lies in 55-60% of its global manufacturing asset base located in Asia (primarily India), providing massive cost and operational competitive advantages over global competitors with higher-cost European operations. The company has delivered a top-line growth of 62% CAGR over 3 years and targets FY27 revenue of ₹98-102 billion with EBITDA of approximately ₹8 billion. For FY27, the company has reaffirmed guidance for the acquired Heubach group, targeting sales of approximately Euro 700 million and EBITDA of Euro 35 million. By FY29, long-term targets envision consolidated revenue reaching ₹120-140 billion with EBITDA of ₹14-15 billion, aiming to become entirely net cash positive.
As reported by The Financial Express, Great Eastern Shipping Company cleared the screen with a current ratio of 7.08 times and borrowings equal to about 13% of net current assets. The company reported profits in every year from FY22 to FY26, with FY26 EPS of ₹206.11 significantly higher than ₹62.50 reported five years earlier. At the screening cut-off, the stock traded at 5.05 times earnings and 1.12 times tangible book value, offering a dividend yield of 2.65%. According to the company's Q1FY27 results, consolidated revenue rose 71% year-on-year to ₹2,286 crore and net profit increased 159% to a record ₹1,309 crore.
According to The Financial Express, Gujarat Narmada Valley Fertilizers and Chemicals qualified with a current ratio of 5.91 times and borrowings less than 0.1% of net current assets, reflecting its near debt-free balance sheet. The company's FY26 EPS of ₹55.03 was above the ₹44.84 recorded five years earlier. At the screening cut-off, the stock traded at 8.18 times earnings and 0.93 times tangible book value, offering a dividend yield of 3.65%. The company's Q1FY27 results showed consolidated revenue rising 39.8% year-on-year to ₹2,238 crore and net profit climbing 275.9% to ₹312 crore.
As reported by The Financial Express, PTC India entered the shortlist with a current ratio of approximately 2.24 times and borrowings equal to around 31.5% of net current assets. The company's FY26 EPS of ₹20.46 was higher than the ₹15.16 recorded five years earlier. At the screening cut-off, the stock traded at 8.96 times earnings and 0.77 times tangible book value, with a trailing dividend yield of 14.8% (boosted by a one-off ₹23-per-share dividend). The company's Q1FY27 results showed consolidated revenue rising 19% year-on-year to ₹4,731 crore, though consolidated profit after tax fell 54% to ₹112 crore due to lower rebate income.
