Small-cap stocks have delivered outstanding performance in Q2, with several companies recording sharp increases in their revenues. These fast-growing firms are showing strong business momentum and improved profitability. In this article, we highlight six small-cap stocks that have reported remarkable revenue growth, rising by up to 625 percent, reflecting their solid performance and growing potential in the market.
Indosolar Limited
With a market capitalization of Rs. 2,538.87 crore, the shares of Indosolar Limited were currently trading at Rs. 610.25 per equity share. Indosolar Limited was established in 2005 and is an Indian solar module manufacturer. It produces high-efficiency solar panels, focusing on renewable energy. The company aims to promote clean energy solutions and serve global markets with innovative solar products.
Coming into financial highlights, Indosolar Limited’s revenue has increased from Rs. 28 crore in Q2 FY25 to Rs. 203 crore in Q2 FY26, which has grown by 625 percent. The net profit has also grown by 411.11 percent from Rs. 9 crore in Q2 FY25 to Rs. 46 crore in Q2 FY26.
National Standard (India) Limited
With a market capitalization of Rs. 3,430.80 crore, the shares of National Standard (India) Limited were currently trading at Rs. 1,715.40 per equity share, down nearly 1.52 percent from its previous day’s close price of Rs. 1,741.80.
National Standard (India) Limited was founded in 1962 and is part of the Lodha Group. It specializes in real estate development, creating residential and commercial projects, primarily in Thane. It focuses on building modern, high-quality infrastructure for upper-middle-income clients.
Coming into financial highlights, National Standard (India) Limited’s revenue has increased from Rs. 3.80 crore in Q2 FY25 to Rs. 17.25 crore in Q2 FY26, which has grown by 353.95 percent. The net profit has decreased by 11.25 percent from Rs. 4.80 crore in Q2 FY25 to Rs. 4.26 crore in Q2 FY26.
Raymond Realty Limited
With a market capitalization of Rs. 4,114.26 crore, the shares of Indosolar Limited were currently trading at Rs. 618 per equity share, down nearly 1.94 percent from its previous day’s close price of Rs. 630.20.
Raymond Realty Limited was established in 2019 and became independent in 2025. The company develops real estate projects. Originally a Raymond Limited subsidiary, it now focuses on residential and commercial property development, expanding its presence in key Indian markets with a focus on quality living spaces.
Coming into financial highlights, Indosolar Limited’s revenue has increased from Rs. 226 crore in Q2 FY25 to Rs. 696 crore in Q2 FY26, which has grown by 207.96 percent. The net profit has also grown by 1,100 percent from Rs. 5 crore in Q2 FY25 to Rs. 60 crore in Q2 FY26.
Indo Thai Securities Limited
With a market capitalization of Rs. 4,824.81 crore, the shares of Indo Thai Securities Limited were currently trading at Rs. 400.10 per equity share, rising nearly 1.32 percent from its previous day’s close price of Rs. 394.90.
Indo Thai Securities Limited was founded in 1995 and is a diversified financial services firm based in Indore. It offers trading in stocks, futures, options, currencies, mutual funds, and depository services. The company serves over 7200 clients across India, focusing on personalized financial solutions.
Coming into financial highlights, Indo Thai Securities Limited’s revenue has increased from Rs. 9 crore in Q2 FY25 to Rs. 24 crore in Q2 FY26, which has grown by 166.67 percent. The net profit has also grown by 180 percent from Rs. 5 crore in Q2 FY25 to Rs. 14 crore in Q2 FY26.
Bondada Engineering Limited
With a market capitalization of Rs. 4,994.37 crore, the shares of Bondada Engineering Limited were currently trading at Rs. 447.55 per equity share, down nearly 0.28 percent from its previous day’s close price of Rs. 446.30.
Bondada Engineering Limited was incorporated in 2012 and is an Indian infrastructure company. It provides full-cycle EPC solutions in telecom, renewable energy, railways, and construction sectors. The company focuses on quality, sustainability, and nation-building through innovative infrastructure projects.
Coming into financial highlights, Bondada Engineering Limited’s revenue has increased from Rs. 481 crore in H1 FY25 to Rs. 1,217 crore in H1 FY26, which has grown by 153.01 percent. The net profit has also grown by 151.35 percent from Rs. 37 crore in H1 FY25 to Rs. 93 crore in H1 FY26.
Garuda Construction and Engineering Limited
With a market capitalization of Rs. 2,018.08 crore, the shares of Garuda Construction and Engineering Limited were currently trading at Rs. 216.90 per equity share, rising nearly 9.24 percent from its previous day’s close price of Rs. 198.55.
Garuda Construction and Engineering Limited was established in 2010 and specializes in civil construction services, including project planning, execution, and MEP works. It handles residential, commercial, and infrastructure projects, with a focus on timely delivery and quality infrastructure solutions.
Coming into financial highlights, Garuda Construction and Engineering Limited’s revenue has increased from Rs. 46.75 crore in Q2 FY25 to Rs. 116.46 crore in Q2 FY26, which has grown by 149.11 percent. The net profit has also grown by 170 percent from Rs. 10 crore in Q2 FY25 to Rs. 27 crore in Q2 FY26.
Written By – Nikhil Naik
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