Top 10 Small Cap Multibagger Stocks in India:
Here is the list of top 10 small cap multibagger stocks which are super stars actually, could be able to generate multifold returns.
Top 10 Small Cap Multibagger Stocks:
1. Affle India Ltd
Affle India Ltd is an indian subsidiary of Singapore based Affle holdings, which has the great investors such as Microsoft, D2C, Bennett and many more. Affle India is a digital marketing company that helps the enterprises to promote theie business through online and offline marketing strategies. this company helps it’s clients to build consumer engagement, new customer acquisition by making mobile based advertising.
This company with a proprietary consumer intelligence platform that delivers consumer engagement, acquisitions and transactions through relevant mobile advertising. also this company has the platform that can enable the offline companies to go online. this company has the great potential to grow further in the coming future as it’s the company that can drive digital transformation.
Affle India Ltd is the strong company both fundamentally and financially. Affle is the almost debt free company and generating positive cash flows form it’s operations. if you look at return ratios based on last 3 years average, ROE is 50.2%, ROCE is 46.3% and Net profit margin is 26.1%. this stock is currently trading at Rs. 1212 and stock has been delivered 618% since it’s IPO debute.
2. Lux Industries Ltd
Lux Industries Ltd is the India’s one of largest hosiery maker i.e inners & casuals. Lux industries is engaged in the business of manufacturing inners & casuals. this company has the strong presence in the market with it’s renowned brands such as Lux Cozi, Onn, Genx, Lux Infero, Lux venus and the premium brands such Lyra and One 8.
This company has the strongest distributor network and companies products are available in 4L+ retail outlets. this company has the 14% market share in the organised market. it would be the positive that the brand market size is gradually growing and also positive that the people are shoing interest in purchasing branded products.
Lux Industries is also a fundamentally strong company and almost debt free company. and generating positive cah flows from it’s operations. if you look at the company’s return ratios of the company based on last three years average the ROE is 30.5%, ROCE is 33.5% and net profit margin is 14.1%. this stock is currently trading at Rs. 3644. and this stocks has been delivered 400% returns over the last 5 years.
3. Advanced Enzyme Technologies Ltd
Advanced Enzyme Technologies Ltd is engaged in the business of manufacturing and sales of Enzymes. and this company has the global leadership in research and development of Enzymes. this company is doing the business mainly on Human nutrition, Animal nutrition, Food processing and non food processing.
This company has the great potential to grow as currently entire world is suffering from lack of nutrition and the continuous growth in usage of vitamin suppliments will definitely a key positive for the company. till the world’s pollution and usage of junk food raising the company will definitely deliver good returns.
Advanced Enzyme Technologies Ltd is a fundamentally strong company and this company is almost a debt free company. and this company generating positive cash flows from it’s operations. If you look at the company’s return ratios, based on last three years average, the ROE is 16.9%, ROCE is 23.5% and the Net profit margin is 30%. this stock is currently trading Rs. 405 and this stock has been delivered 42% returns over the last 5 years.
4. Alkyl Amines Chemicals Ltd
Alkyl Amines Chemicals Ltd is India’s one of leading chemical manufacturer. this company’s products are used in many industries like pharma, painting, textile, water treatment, rubber, agro amd many more, as a raw materials. all industries are currently growing rapidly, till these industry’s growth continues there will be huge demand for alkyl amine’s products. there are few players in this industy and very difficult to enter into this market for new players.
Alkyl amine chemicals is a fundamentally strong company and also a debt free company. this company’s ROE is 39.4% and ROCE is 43.5% and this stock is currently trading at Rs. 4000 and this stock has been delivered more 3000% returns over the last 5 years. This company is one of the best small cap multibagger stocks
5. Fine Organic Industries Ltd
Fine Organic Industries Ltd is a manufacturer and supplier of Oleochemical based additives that were used in food, cosmetics, plastics and coatings and many more across the industries. and this company manufactures these chemicals from the wastage of grains. there is great acceptance for these green chemicals from the various industris. this would be the great positive for this company as everyone looking for natural and no harmful chemicals.
Fine organic industris ltd is a fundamentally strong and almost debt free company. if you look at the company’s return ratios, ROE is 25% and ROCE is 31%, which are the very good numbers. this stock is generating positive cash flows from it’s operations and this stock is currently trading at Rs. 3400 and this stock has been delivered 300% returns over the last 5 years.
6. Deepak Nitrite Ltd
Deepak Nitrite Ltd is one of the india’s leading chemical company that manufactures basic chemicals nitrites, fuel additives etc, fine chemicals and speciality chemicals and many more. as globally and domestically there is lot improvement in consumption of chemicals. and the increased demand will drive the company further. this company has a lot potential to grow further.
Deepak Nitrite Ltd is fundamentally strong and almost debt free company. this company generating positive cash flows from it’s operations. if you look at return ratios of the company based on last 3 years average, ROE is 36.6% and ROCE is 32.7%. this stock is currently trading 2882 and this stock was delivered 2200% returns over the last 5 years.
7. Lauras Labs Ltd
Lauras Labs Ltd is one of India’s leading API (Active Pharmaceuticals Ingrediants) manufacturer. this company manufactures APIs including intermediates, generic finished dosage forms and contract reasearch services to cater to the needs of the global pharmaceutical industry. as entire world is looking for the alternative for china, the demand for the indian API companies is gradually growing and indian government is focusing on make in india, this company will grow further. This company is one of the best small cap multibagger stocks
8. Radico Khaitan Ltd
Radico Khaitan is one of the most recognised IMFL (Indian Made Foreign Liquor) company in India. as consumption of alcohol is continuously growing this company would get benefited. this company has the strong market presence with it’s tenowned brands such as 8 PM whisky, Contessa Rum, Old admiral Brandy and Magic moments Vodka and many more in it’s portfolio.
Radico Khaitan Ltd is a fundamentally strong and almost debt free company. this company generating positive cash flows from it’s operations and the ROE is 16.5%, ROCE is 18.6%, this stock is currently trading at Rs. 971.
9. Tasty Bites Ltd
10. Happiest Minds Technologies Ltd
Conclusion :
As we are considering this small cap multibagger stocks for long term and these stocks are already rallied a lot but these stocks still had a great potential in coming years. so it would be better to add these stocks in further corrections as you can add them by adding them in watchlist. don’t invest all your money at a time, not only these stocks this statement applicable to the other stocks also. better add these stocks in further corrections. That’s all about top 10 small cap multibagger stocks.
Disclaimer : The above all recommendations are from the individuals, working for ICICI Securities. please do your own research before investing else take an advice from your financial advisor.