Stock Screen · India

Stable Earnings Stocks in India

Screen as of 19 September 2026 · 30 stocks currently qualify

This page lists the Indian stocks that currently qualify under the Stable Earnings screen — a systematic, rules-based stock screen based on the work of Haugen, Blitz & Van Vliet (The Volatility Effect — Academic Research (2007)). These are the stocks the screen identifies; the page is informational only and is not a recommendation.

What is the Stable Earnings screen?

Companies with stable, predictable earnings and strong balance sheets tend to compound quietly over time without the drama of high-flying stocks. This strategy targets consistent profit growth, high returns on capital, and low debt.

How this screen works

This strategy looks for companies with stable, consistent earnings — measured by the gap between their 3-year and 5-year profit growth rates — combined with high returns on capital and low debt. To qualify, a stock must clear the ₹500 crore floor, have return on capital employed of at least 12%, debt-to-equity no higher than 0.5, three-year profit growth of at least 5%, positive five-year profit growth, and positive revenue growth. Qualifiers are ranked on a blend of earnings stability (40%), ROCE (40%) and low debt (20%). The 0–100 score is a relative ranking against other qualifying stocks, not an absolute rating.

Methodology

Rebalance: Annual
Portfolio size: Top 30
Minimum market cap: ₹500 crore
Excludes: High debt companies

What changed this period

No stocks entered or left the Stable Earnings screen since the prior screen on 12 September 2026.

Stocks that qualify (30)

Indian stocks qualifying under the Stable Earnings screen, as of 19 September 2026.
Rank	Symbol	Company	ROCE	Profit CAGR 3yr	Earnings Stability	Debt/Equity
1	NESTLEIND	Nestle India Ltd	84.2%	13.0%	0.90	0.08x
2	ACCENTMIC	Accent Microcell Ltd	24.9%	53.0%	0.95	0.00x
3	BAJAJ-AUTO	Bajaj Auto Ltd	38.6%	21.0%	0.80	0.00x
4	CAPLIPOINT	Caplin Point Laboratories Ltd	27.0%	19.0%	0.90	0.00x
5	BLS	BLS International Services Ltd	80.7%	44.0%	0.70	0.14x
6	SONATSOFTW	Sonata Software Ltd	42.7%	11.0%	1.00	0.25x
7	INFY	Infosys Ltd	45.6%	9.0%	0.90	0.05x
8	KOTHARIPET	Kothari Petrochemicals Ltd	28.6%	24.0%	0.90	0.01x
9	POLYCAB	Polycab India Ltd	34.0%	29.0%	0.85	0.01x
10	NEWGEN	Newgen Software Technologies Ltd	26.2%	24.0%	0.90	0.02x
11	KRONOX	Kronox Lab Sciences Ltd	36.0%	19.0%	0.80	0.02x
12	WABAG	Va Tech Wabag Ltd	24.0%	35.0%	0.95	0.04x
13	MACPOWER	Macpower CNC Machines Ltd	29.1%	38.0%	0.80	0.01x
14	HINDCOPPER	Hindustan Copper Ltd	42.4%	50.0%	0.75	0.03x
15	SOLARINDS	Solar Industries India Ltd	43.6%	40.0%	0.75	0.04x
16	INOXINDIA	Inox India Ltd	32.4%	18.0%	0.85	0.07x
17	DATAPATTNS	Data Patterns (India) Ltd	23.3%	30.0%	0.60	0.00x
18	LINCOLN	Lincoln Pharmaceuticals Ltd	17.3%	6.0%	0.80	0.01x
19	GARFIBRES	Garware Technical Fibres Ltd	23.1%	12.0%	0.80	0.02x
20	MARICO	Marico Ltd	41.5%	18.0%	0.65	0.03x
21	JYOTHYLAB	Jyothy Labs Ltd	29.6%	15.0%	0.75	0.03x
22	BELRISE	Belrise Industries Ltd	13.8%	22.0%	0.95	0.24x
23	20MICRONS	20 Microns Ltd	18.0%	19.0%	0.85	0.28x
24	SOMANYCERA	Somany Ceramics Ltd	15.6%	5.0%	0.85	0.15x
25	GPTINFRA	GPT Infraprojects Ltd	21.4%	40.0%	0.80	0.50x
26	IVALUE	Ivalue Infosolutions Ltd	24.2%	18.0%	0.75	0.12x
27	HEROMOTOCO	Hero MotoCorp Ltd	34.1%	24.0%	0.50	0.01x
28	APTUS	Aptus Value Housing Finance India Ltd	14.4%	18.0%	0.60	nanx
29	MANKIND	Mankind Pharma Ltd	13.6%	20.0%	0.75	0.34x
30	SANDHAR	Sandhar Technologies Limited	17.4%	29.0%	0.70	0.14x

See more in the StrategyMint app

This screen shows the ranked list above. In the app you can also see each stock's 0–100 conviction score, which ace investors hold these stocks, and how they rank across StrategyMint's other strategies.

Open the Stable Earnings screen in StrategyMint →