4 Smallcap Operating Margin Above 30 Per Cent Stocks to Watch for Future Multibagger Potential: Capri Global, Travel Food Services, Vijaya Diagnostic and Saregama
- October 27, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Capri Global Rs 231.05. Travel Food Services Rs 1,139.90. Vijaya Diagnostic Rs 1,395.80. Saregama Rs 489.05. Market caps from Rs 9,308 crore to Rs 23,222 crore. Data as of 26 Oct 2026.
Quick Answer
Capri Global, Travel Food Services, Vijaya Diagnostic and Saregama are the 4 picks in this operating margin above 30 per cent stocks watchlist, with market caps between Rs 9,308 crore and Rs 23,222 crore. Capri Global stands out for the fastest profit growth, 46.68% a year since FY22, while Travel Food Services offers the highest return on equity at 30.57%. PE ratios run from 20.59 to 77.43, so compare each one with its industry PE before investing. All figures are as of 26 October 2026.
Operating margin above 30 per cent stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Capri Global, Travel Food Services, Vijaya Diagnostic and Saregama meet that test, with market caps from Rs 9,308 crore to Rs 23,222 crore and Capri Global offering the fastest profit growth, 46.68% a year since FY22. Each of these companies has a market capitalisation below Rs 30,000 crore and an FY26 operating profit margin above 30 per cent, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.
This list covers companies with a market capitalisation below Rs 30,000 crore and an FY26 operating profit margin above 30 per cent, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap below Rs 30,000 crore. Investors screening operating margin above 30 per cent stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 26 October 2026 and are drawn from NSE and BSE data and company filings.
Click Here – Get Free Investment Predictions
What Are Operating Margin Above 30 Per Cent Stocks and Why Do They Attract Multibagger Interest?
Operating margin above 30 per cent stocks are shares of smaller companies that kept more than 30 paise of operating profit from every rupee of sales in FY26, margins that few businesses can match. The four here cover lending, travel food services, diagnostics and music.
A margin above 30 per cent points to a business with strong pricing power and a lasting edge over rivals. For operating margin above 30 per cent stocks, both FY26 and the latest quarter showed growth. Whichever way you read operating margin above 30 per cent stocks, the common thread is rising profit backed by complete financial data. Investors researching operating margin above 30 per cent stocks get a fuller picture by reading growth and valuation together. The table below lines up operating margin above 30 per cent stocks on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use operating margin above 30 per cent stocks as a starting point for your own research.
Operating Margin Above 30 Per Cent Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 26 October 2026. Capri Global has the lowest PE of the group at 20.59, while Travel Food Services posts the highest return on equity at 30.57%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Capri Global Capital | 231.05 | 23,222 | 20.59 | 17.97 | 13.18% | 3.22 | 151.10 to 287.45 |
| Travel Food Services | 1,139.90 | 15,160 | 31.18 | 59.28 | 30.57% | 10.51 | 1,035.30 to 1,470.90 |
| Vijaya Diagnostic Centre | 1,395.80 | 14,515 | 77.43 | 60.75 | 18.07% | 15.16 | 848.00 to 1,593.60 |
| Saregama India | 489.05 | 9,308 | 42.09 | 26.08 | 12.23% | 5.89 | 307.05 to 574.50 |
Capri Global: 46.68% Profit CAGR Since FY22
Capri Global Capital is a non-banking finance company that offers housing loans, construction finance, gold loans and loans to small businesses. It reported FY26 revenue of Rs 4,742.01 crore, up 45.87% year on year, and net profit of Rs 949.15 crore, up 98.35%. Net profit has compounded at 46.68% a year since FY22, while revenue has grown 48.25% a year. Operating margin was 65.31% in FY26.
In the June 2026 quarter, revenue rose 57.33% to Rs 1,581.21 crore and net profit grew 102.05% to Rs 353.38 crore. The share price has gained 101.76% over five years and 27.72% over the past year. Foreign investors raised their holding from 4.83% in September 2025 to 13.00% in September 2026. The stock trades at a PE of 20.59 against an industry PE of 17.97, with a return on equity of 13.18%.
Travel Food Services: Return on Equity of 30.57%
Travel Food Services runs food and beverage outlets and lounges at airports and other travel locations. It reported FY26 revenue of Rs 1,742.64 crore and net profit of Rs 452.32 crore, up 19.14%. Revenue has compounded at 43.82% a year since FY22. Operating margin was 49.14% in FY26. The debt-to-equity ratio is 0.17.
The stock trades at a PE of 31.18 against an industry PE of 59.28, below the sector average, with a return on equity of 30.57%. In the June 2026 quarter, revenue rose 25.92% to Rs 498.38 crore and net profit grew 35.58% to Rs 128.75 crore. Domestic institutions raised their holding from 5.09% in July 2025 to 10.02% in June 2026.
Vijaya Diagnostic: Quarterly Profit Up 37.60%
Vijaya Diagnostic Centre runs diagnostic centres offering pathology and radiology services, with a strong base in South India. It reported FY26 revenue of Rs 835 crore, up 19.34% year on year, and net profit of Rs 172.98 crore, up 20.30%. Net profit has compounded at 11.81% a year since FY22, while revenue has grown 15.13% a year. Operating margin was 43.94% in FY26. The debt-to-equity ratio is 0.44.
In the June 2026 quarter, revenue rose 22.76% to Rs 239.51 crore and net profit grew 37.60% to Rs 53.10 crore. The share price has gained 141.31% over five years and 38.44% over the past year. Domestic institutions raised their holding from 25.34% in September 2025 to 32.50% in September 2026. The stock trades at a PE of 77.43 against an industry PE of 60.75, with a return on equity of 18.07%.
Saregama: Debt-to-Equity of 0.04
Saregama India owns one of the largest Indian music catalogues and earns from music licensing, film and series production and consumer products such as Carvaan. It reported FY26 revenue of Rs 1,026.88 crore and net profit of Rs 206.22 crore, up 0.97%. Net profit has compounded at 5.83% a year since FY22, while revenue has grown 13.86% a year. Operating margin was 37.69% in FY26. The debt-to-equity ratio is 0.04, which keeps interest costs low.
The stock trades at a PE of 42.09 against an industry PE of 26.08, with a return on equity of 12.23%. In the June 2026 quarter, revenue rose 21.18% to Rs 267.81 crore and net profit grew 42.10% to Rs 51.88 crore. Domestic institutions raised their holding from 5.22% in June 2025 to 8.60% in June 2026.
Operating Margin Above 30 Per Cent Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these operating margin above 30 per cent stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Revenue (Rs Cr) | Net Profit (Rs Cr) | 4-Year Revenue CAGR | Latest Quarter Revenue Growth | Net Profit Growth (YoY) | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Capri Global | 4,742.01 | 949.15 | 48.25% | 57.33% | 98.35% | 68.84% |
| Travel Food Services | 1,742.64 | 452.32 | 43.82% | 25.92% | 19.14% | 48.57% |
| Vijaya Diagnostic | 835 | 172.98 | 15.13% | 22.76% | 20.30% | 46.35% |
| Saregama | 1,026.88 | 206.22 | 13.86% | 21.18% | 0.97% | 36.54% |
Check the Univest Screener for live data on these operating margin above 30 per cent stocks
Institutional Holding in Capri Global, Travel Food Services, Vijaya Diagnostic and Saregama
Institutional holding shows who is backing these operating margin above 30 per cent stocks alongside the promoter. The table uses the latest reported quarter for each. Vijaya Diagnostic has the deepest institutional backing, with FII and DII together holding 43.16% as of September 2026. Domestic institutions increased their holding over the past year in Travel Food Services (from 5.09% to 10.02%), Vijaya Diagnostic (from 25.34% to 32.50%) and Saregama (from 5.22% to 8.60%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Capri Global | 59.92% | 13.00% | 17.04% | 10.04% | September 2026 |
| Travel Food Services | 86.19% | 1.64% | 10.02% | 2.14% | June 2026 |
| Vijaya Diagnostic | 52.46% | 10.66% | 32.50% | 4.38% | September 2026 |
| Saregama | 60.84% | 11.50% | 8.60% | 19.06% | June 2026 |
Risks to Weigh in Operating Margin Above 30 Per Cent Stocks
Being careful with operating margin above 30 per cent stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:
- Past growth may not repeat.
- Share prices can move sharply in either direction.
- Valuation: Saregama trades at a PE of 42.09 against an industry PE of 26.08, so earnings need to keep growing to support the price.
- Concentration: Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.
How to Choose Between Operating Margin Above 30 Per Cent Stocks
Picking from operating margin above 30 per cent stocks comes down to four checks, applied in order.
- Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
- Compare each PE with the industry PE (17.97 to 60.75) and ask whether the growth rate justifies any gap.
- Track net profit growth, the operating margin and the return on equity in every quarterly result.
- Stagger entries across quarters and review institutional holding every reporting season.
Download the Univest iOS App or Univest Android App to track Capri Global, Travel Food Services, Vijaya Diagnostic and Saregama live prices.
Conclusion
Among operating margin above 30 per cent stocks, Capri Global stands out for the fastest profit growth, 46.68% a year since FY22, Travel Food Services for the highest return on equity at 30.57%, Vijaya Diagnostic for the biggest five-year price gain at 141.31% and Saregama for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.04. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing operating margin above 30 per cent stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Operating Margin Above 30 Per Cent Stocks to Watch
Which are the best operating margin above 30 per cent stocks to watch for multibagger potential?
Ans. Capri Global, Travel Food Services, Vijaya Diagnostic and Saregama are the 4 names this list highlights, with market caps of Rs 23,222 crore, Rs 15,160 crore, Rs 14,515 crore and Rs 9,308 crore respectively. Capri Global is notable for the fastest profit growth, 46.68% a year since FY22. Travel Food Services stands out for the highest return on equity at 30.57%. Vijaya Diagnostic offers the biggest five-year price gain at 141.31%. Saregama brings a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.04. These are watchlist names for operating margin above 30 per cent stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Travel Food Services a good stock for long-term investors?
Ans. Travel Food Services has a return on equity of 30.57%, a PE of 31.18 against an industry PE of 59.28 and a market cap of Rs 15,160 crore. June 2026 quarter net profit grew 35.58%. Long-term returns in operating margin above 30 per cent stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Capri Global become a multibagger from here?
Ans. Capri Global has already gained 101.76% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in operating margin above 30 per cent stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 46.68% a year since FY22, and FY26 revenue rose 45.87%. At a PE of 20.59 against an industry PE of 17.97, valuation should be checked against that growth before investing.
What is the market cap of Capri Global, Travel Food Services, Vijaya Diagnostic and Saregama?
Ans. As of 26 October 2026, Capri Global has a market cap of Rs 23,222 crore, Travel Food Services has a market cap of Rs 15,160 crore, Vijaya Diagnostic has a market cap of Rs 14,515 crore and Saregama has a market cap of Rs 9,308 crore. All of them qualify as smallcaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on operating margin above 30 per cent stocks.
What are the risks of investing in operating margin above 30 per cent stocks?
Ans. The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. Saregama trades at a PE of 42.09 against an industry PE of 26.08, so earnings growth needs to hold up.
Why is Saregama trading at a PE of 42.09?
Ans. Saregama’s PE of 42.09 compares with an industry PE of 26.08. The market is paying a premium for latest-quarter profit growth of 42.10%, which also means the stock is more sensitive if growth slows. Investors in operating margin above 30 per cent stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Capri Global, Travel Food Services, Vijaya Diagnostic and Saregama?
Ans. As of the latest reported quarter, FII and DII together hold 30.04% of Capri Global (13.00% and 17.04%), 11.66% of Travel Food Services (1.64% and 10.02%), 43.16% of Vijaya Diagnostic (10.66% and 32.50%) and 20.10% of Saregama (11.50% and 8.60%). Rising institutional holding is a useful signal in operating margin above 30 per cent stocks, though it should be read with earnings trends rather than on its own.
