The market capitalization of a company is critical for investors to determine its potential and inherent risks. This is especially true for small-cap companies, which are riskier due to their smaller volumes. If the stock has strong fundamentals, it can provide excellent returns over time.
Here are the 5 small-cap stocks that doubled their sales and net profit year over year
Titagarh Wagons Ltd.
Titagarh Wagons Ltd. is engaged in the manufacturing of railway wagons, Bailey bridges, heavy earthmoving and mining equipment, and steel. The company caters to both domestic and international markets.
As per financials, the company posted net sales of Rs 974 crore in Q4 FY23, registering an increase of 102%, compared to Rs 480 crore in the corresponding quarter last year. and for the same timeframe, net profit increased by 306 percent from a loss of Rs 25 crore to a profit of Rs 51.7 crore.
In the past year, the company’s share price increased from ₹ 102.70 to ₹ 355.35 giving multibagger returns of 246.01%. With a market capitalization of ₹ 4,261 crore, Titagarh Wagons Ltd. is a small-cap company. It has a return on equity of 13.04 % and a debt-to-equity ratio of 0.26 as of FY23.
KPI Green Energy
KPI Green Energy Ltd. is engaged in the business of solar power generation and has an installed capacity of 100 MW of solar power under the IPP segment.
As per financials, the company posted net sales of Rs 182 crore in Q4 FY23, registering an increase of 152%, compared to Rs 72 crore in the corresponding quarter last year. and for the same timeframe, net profit increased by 244 percent from Rs 9 crore to Rs 31 crore.
In the past year, the company’s share price increased from ₹ 223.10 to ₹ 492.45 giving multibagger returns of 117.79%. With a market capitalization of ₹ 1,757 crores, KPI Green Energy Ltd. is a small-cap company. It has a return on equity of 21.25 % and a debt-to-equity ratio of 2.02 as of FY23.
Lloyds Metals & Energy Ltd
Lloyds Metals & Energy Ltd. is engaged in the manufacturing of sponge iron, steel pipes and tubes, HR/CR coils, sheets, and strips. The company mainly focused on power generation and mining activities.
As per financials, the company posted net sales of Rs 876 crore in Q4 FY23, registering an increase of 163%, compared to Rs 333 crore in the corresponding quarter last year. and for the same timeframe, net profit increased by 118 percent from Rs 123 crore to Rs 269 crore.
In the past year, the company’s share price increased from ₹ 143.85 to ₹ 326.35 giving multibagger returns of 126.97 %. With a market capitalization of ₹ 16,482 crore, Lloyds Metals & Energy Ltd. is a small-cap company. It has a return on capital employed of 55.46 % and a zero debt-to-equity ratio as of FY23.
Vindhya Telelink Ltd.
Vindhya Telelinks Ltd. is engaged in the manufacturing of polyethylene telephone cables and other types of cables for the engineering, procurement, & construction (EPC) business.
As per financials, the company posted net sales of Rs 1,374 crore in Q4 FY23, registering an increase of 284%, compared to Rs 357 crore in the corresponding quarter last year. and for the same timeframe, net profit increased by 675 percent from Rs 8 crore to Rs 62 crore.
In the past year, the company’s share price increased from ₹ 915.90 to ₹ 2016.95 giving returns of 120.22 %. With a market capitalization of ₹ 2,405 crore, Vindhya Telelink Ltd. is a small-cap company. It has a return on equity of 5.43 % and a debt-to-equity ratio of 0.19 as of FY23.
Zen Technologies Ltd.
Zen Technologies Ltd. is engaged in the design, development, and manufacture of training simulators. The company mainly works on the indigenization of technologies and designs products for the Indian armed forces, state police forces, and paramilitary forces.
As per financials, the company posted net sales of Rs 95 crore in Q4 FY23, registering an increase of 251%, compared to Rs 27 crore in the corresponding quarter last year. and for the same timeframe, net profit increased by 360 percent from Rs 5 crore to Rs 23 crore.
In the past year, the company’s share price increased from ₹ 176.20 to ₹ 362.40 giving returns of 105.68%. With a market capitalization of ₹ 3,015 crore, Zen Technologies Ltd. is a small-cap company. It has a return on equity of 13.51% and a debt-to-equity ratio of 0.02 as of FY23.
Written by Omkar C
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
