Emerging Turnarounds
Companies actively reducing debt while growing revenue — early signs of a business turnaround before the market prices it in.
Screener.in Query
Copy and paste this directly into Screener.in
Debt < Debt 3Years back AND
Sales growth 3Years > 10 AND
YOY Quarterly profit growth > 20 AND
Market Capitalization > 100 AND
OPM > 10 AND
Current ratio > 1.5 AND
Promoter holding > 45 AND
Return on equity > 10Step: Copy the query above → Open Screener.in → New Screen → Paste in the query box → Run
What It Finds
Companies with lower debt today than 3 years ago, still growing sales, and showing accelerating quarterly profit growth.
Why It Works
Debt reduction + revenue growth + profit acceleration is the exact pattern of a successful turnaround. Catching this early, before the market recognizes it, is where the big returns are.
Best For
Best Market Conditions
Things to Watch Out For
- Turnarounds fail more often than they succeed
- Debt reduction may be from asset sales, not operations
- Requires deep individual company research — not just screen-and-buy
After Running the Screen
- 1Check each company's annual report and latest quarterly results.
- 2Verify the current valuation is reasonable — not just passing the screen.
- 3Look for insider ownership and promoter pledge levels.
- 4Always invest only what you can afford to hold for 3+ years.
About Cash Flow Investing
Free cash flow is the most honest measure of business health in existence. Reported profits can be manipulated through accounting choices — depreciation methods, inventory valuation, revenue recognition timing, capitalising expenses. But actual cash in the bank account cannot be faked. When a company generates more free cash than it spends on capital investments, it is genuinely creating value — full stop.
Price-to-Free-Cash-Flow (P/FCF) below 12 means you're paying less than 12 years of current free cash generation for the entire business. By this measure, many 'expensive' growth stocks are actually cheap if their free cash conversion is high, while many 'cheap' cyclicals are expensive because their earnings don't convert to real cash.
Related Screens
Disclaimer: These screens are for educational and research purposes only. Results are based on historical financial data and do not constitute investment advice. Past screen performance does not predict future returns. Always verify data on BSE/NSE and consult a SEBI-registered investment advisor before investing.