ASX Penny Stocks To Watch In March 2026

Simply Wall St

Sun, March 29, 2026 at 11:05 PM EDT 4 min read

The Australian market is experiencing a dip, influenced by geopolitical tensions and supply disruptions, causing investors to adopt a cautious stance. In such uncertain times, identifying stocks with potential resilience and growth becomes crucial. Penny stocks—though often seen as relics of past markets—can still offer intriguing opportunities when backed by solid financial health, especially in sectors poised for long-term success.

Click here to see the full list of 397 stocks from our ASX Penny Stocks screener.

Underneath we present a selection of stocks filtered out by our screen.

Simply Wall St Financial Health Rating: ★★★★★★

Overview: Australian Ethical Investment Ltd is a publicly owned investment manager with a market cap of A$515.65 million.

Operations: The company generates revenue primarily through its Funds Management segment, which reported A$126.41 million.

Market Cap: A$515.65M

Australian Ethical Investment Ltd, with a market cap of A$515.65 million, has shown robust financial performance, reporting revenue of A$126.41 million and net income growth from A$9.61 million to A$13.45 million year-over-year for the half year ended December 31, 2025. The company boasts an outstanding Return on Equity at 52% and remains debt-free with stable weekly volatility at 7%. Despite an unstable dividend track record, it declared an increased interim dividend of 8 cents per share for the latest period. Recent board changes include appointing Karen Orvad as a Non-Executive Director to enhance governance expertise.

• Navigate through the intricacies of Australian Ethical Investment with our comprehensive balance sheet health report here.

• Review our growth performance report to gain insights into Australian Ethical Investment’s future.

Simply Wall St Financial Health Rating: ★★★★★☆

Overview: Insignia Financial Ltd. operates in Australia, offering financial advice, superannuation, wrap platforms and asset management services to members, financial advisers and corporate employers, with a market cap of A$3.17 billion.