4 Smallcap Profit Growing Faster Than Revenue Stocks to Watch for Future Multibagger Potential: Capri Global, Avalon Technologies, Shipping Corporation and Zensar
- October 29, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Capri Global Rs 231.66. Avalon Technologies Rs 2,046.50. Shipping Corporation Rs 244.50. Zensar Rs 497. Market caps from Rs 11,067 crore to Rs 23,283 crore. Data as of 28 Oct 2026.
Quick Answer
Capri Global, Avalon Technologies, Shipping Corporation and Zensar are the 4 picks in this profit growing faster than revenue stocks watchlist, with market caps between Rs 11,067 crore and Rs 23,283 crore. Capri Global stands out for the fastest profit growth, 46.68% a year since FY22, while Avalon Technologies offers the biggest five-year price gain at 414.32%. PE ratios run from 7.69 to 115.58, so compare each one with its industry PE before investing. All figures are as of 28 October 2026.
Profit growing faster than revenue stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Capri Global, Avalon Technologies, Shipping Corporation and Zensar meet that test, with market caps from Rs 11,067 crore to Rs 23,283 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 FY26 net profit growth that is clearly faster than revenue growth, 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 FY26 net profit growth that is clearly faster than revenue growth, 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 profit growing faster than revenue stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 28 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Profit Growing Faster Than Revenue Stocks and Why Do They Attract Multibagger Interest?
Profit growing faster than revenue stocks are shares of smaller companies whose net profit grew at a clearly faster pace than their sales in FY26, a sign that costs are under control and each extra rupee of revenue is earning more. The four here cover lending, IT services, electronics manufacturing and shipping.
Profit that grows faster than sales shows rising efficiency and widening margins, which is the kind of quality that supports a higher share price over time. For profit growing faster than revenue stocks, both FY26 and the latest quarter showed growth. Whichever way you read profit growing faster than revenue stocks, the common thread is rising profit backed by complete financial data. Investors researching profit growing faster than revenue stocks get a fuller picture by reading growth and valuation together. The table below lines up profit growing faster than revenue stocks on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use profit growing faster than revenue stocks as a starting point for your own research.
Profit Growing Faster Than Revenue Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 28 October 2026. Shipping Corporation has the lowest PE of the group at 7.69, while Zensar posts the highest return on equity at 16.41%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Capri Global Capital | 231.66 | 23,283 | 20.65 | 17.97 | 13.18% | 3.23 | 151.10 to 287.45 |
| Avalon Technologies | 2,046.50 | 15,444 | 115.58 | 45.19 | 15.65% | 21.40 | 777.30 to 2,618.00 |
| Shipping Corporation of India | 244.50 | 12,435 | 7.69 | 8.87 | 14.87% | 1.36 | 195.55 to 368.75 |
| Zensar Technologies | 497 | 11,067 | 14.26 | 18.27 | 16.41% | 2.34 | 416.15 to 822.00 |
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 20.65 against an industry PE of 17.97, with a return on equity of 13.18%.
Avalon Technologies: Revenue Up 46.35% in FY26
Avalon Technologies is an electronics manufacturing services provider for industrial, clean energy, mobility and healthcare customers in India and the US. It reported FY26 revenue of Rs 1,632.13 crore, up 46.35% year on year, and net profit of Rs 112.95 crore, up 78.04%. Net profit has compounded at 13.75% a year since FY22, while revenue has grown 17.66% a year. Operating margin was 12.62% in FY26. The debt-to-equity ratio is 0.29.
The stock trades at a PE of 115.58 against an industry PE of 45.19, with a return on equity of 15.65%. In the June 2026 quarter, revenue rose 49.93% to Rs 487.23 crore and net profit grew 145.39% to Rs 34.87 crore. The share price has gained 414.32% over five years and 78.87% over the past year. Domestic institutions raised their holding from 22.01% in June 2025 to 24.72% in June 2026.
Shipping Corporation: Quarterly Profit Up 74.87%
Shipping Corporation of India is a government-owned shipping line with a fleet of tankers, bulk carriers and container vessels. It reported FY26 revenue of Rs 6,226.78 crore, up 7.35% year on year, and net profit of Rs 1,352.92 crore, up 60.38%. Net profit has compounded at 11.82% a year since FY22, while revenue has grown 5.12% a year. Operating margin was 46.04% in FY26. The debt-to-equity ratio is 0.29.
In the June 2026 quarter, revenue rose 33.81% to Rs 1,956.84 crore and net profit grew 74.87% to Rs 619.34 crore. The share price has gained 98.18% over five years and 23.82% over the past year. Foreign investors raised their holding from 6.13% in June 2025 to 8.97% in June 2026. The stock trades at a PE of 7.69 against an industry PE of 8.87, below the sector average, with a return on equity of 14.87%. The dividend yield is 2.81%.
Zensar: Debt-to-Equity of 0.02
Zensar Technologies provides digital engineering, cloud and application services to global clients. It reported FY26 revenue of Rs 5,921.30 crore, up 8.83% year on year, and net profit of Rs 774.60 crore, up 19.21%. Net profit has compounded at 16.42% a year since FY22, while revenue has grown 7.82% a year. Operating margin was 19.78% in FY26. The debt-to-equity ratio is 0.02, which keeps interest costs low.
The stock trades at a PE of 14.26 against an industry PE of 18.27, below the sector average, with a return on equity of 16.41%. The dividend yield is 3.07%. In the June 2026 quarter, revenue rose 8.59% to Rs 1,565.60 crore and net profit grew 0.99% to Rs 183.80 crore. Domestic institutions raised their holding from 20.52% in June 2025 to 21.99% in June 2026.
Profit Growing Faster Than Revenue Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these profit growing faster than revenue 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) | Revenue Growth (YoY) | 4-Year Revenue CAGR | 4-Year Net Profit CAGR | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Capri Global | 4,742.01 | 949.15 | 45.87% | 48.25% | 46.68% | 68.84% |
| Avalon Technologies | 1,632.13 | 112.95 | 46.35% | 17.66% | 13.75% | 12.55% |
| Shipping Corporation | 6,226.78 | 1,352.92 | 7.35% | 5.12% | 11.82% | 51.32% |
| Zensar | 5,921.30 | 774.60 | 8.83% | 7.82% | 16.42% | 18.44% |
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Institutional Holding in Capri Global, Avalon Technologies, Shipping Corporation and Zensar
Institutional holding shows who is backing these profit growing faster than revenue stocks alongside the promoter. The table uses the latest reported quarter for each. Zensar has the deepest institutional backing, with FII and DII together holding 32.72% as of June 2026. Domestic institutions increased their holding over the past year in Avalon Technologies (from 22.01% to 24.72%) and Zensar (from 20.52% to 21.99%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Capri Global | 59.92% | 13.00% | 17.04% | 10.04% | September 2026 |
| Avalon Technologies | 44.39% | 7.81% | 24.72% | 23.08% | June 2026 |
| Shipping Corporation | 63.75% | 8.97% | 2.08% | 25.20% | June 2026 |
| Zensar | 48.99% | 10.73% | 21.99% | 18.29% | June 2026 |
Risks to Weigh in Profit Growing Faster Than Revenue Stocks
Being careful with profit growing faster than revenue 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: Avalon Technologies trades at a PE of 115.58 against an industry PE of 45.19, 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 Profit Growing Faster Than Revenue Stocks
Picking from profit growing faster than revenue 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 (8.87 to 45.19) 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.
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Conclusion
Among profit growing faster than revenue stocks, Capri Global stands out for the fastest profit growth, 46.68% a year since FY22, Avalon Technologies for the biggest five-year price gain at 414.32%, Shipping Corporation for the lowest PE of the group at 7.69 and Zensar for the highest return on equity at 16.41%. 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 profit growing faster than revenue 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 Profit Growing Faster Than Revenue Stocks to Watch
Which are the best profit growing faster than revenue stocks to watch for multibagger potential?
Ans. Capri Global, Avalon Technologies, Shipping Corporation and Zensar are the 4 names this list highlights, with market caps of Rs 23,283 crore, Rs 15,444 crore, Rs 12,435 crore and Rs 11,067 crore respectively. Capri Global is notable for the fastest profit growth, 46.68% a year since FY22. Avalon Technologies stands out for the biggest five-year price gain at 414.32%. Shipping Corporation offers the lowest PE of the group at 7.69. Zensar brings the highest return on equity at 16.41%. These are watchlist names for profit growing faster than revenue stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Zensar a good stock for long-term investors?
Ans. Zensar has a return on equity of 16.41%, a PE of 14.26 against an industry PE of 18.27 and a market cap of Rs 11,067 crore. Net profit has compounded at 16.42% a year since FY22, and FY26 revenue rose 8.83% while June 2026 quarter net profit grew 0.99%. Long-term returns in profit growing faster than revenue 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 profit growing faster than revenue 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 20.65 against an industry PE of 17.97, valuation should be checked against that growth before investing.
What is the market cap of Capri Global, Avalon Technologies, Shipping Corporation and Zensar?
Ans. As of 28 October 2026, Capri Global has a market cap of Rs 23,283 crore, Avalon Technologies has a market cap of Rs 15,444 crore, Shipping Corporation has a market cap of Rs 12,435 crore and Zensar has a market cap of Rs 11,067 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 profit growing faster than revenue stocks.
What are the risks of investing in profit growing faster than revenue 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. Avalon Technologies trades at a PE of 115.58 against an industry PE of 45.19, so earnings growth needs to hold up.
Why is Avalon Technologies trading at a PE of 115.58?
Ans. Avalon Technologies’ PE of 115.58 compares with an industry PE of 45.19. The market is paying a premium for a return on equity of 15.65%, profit growth of 13.75% a year since FY22 and latest-quarter profit growth of 145.39%, which also means the stock is more sensitive if growth slows. Investors in profit growing faster than revenue 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, Avalon Technologies, Shipping Corporation and Zensar?
Ans. As of the latest reported quarter, FII and DII together hold 30.04% of Capri Global (13.00% and 17.04%), 32.53% of Avalon Technologies (7.81% and 24.72%), 11.05% of Shipping Corporation (8.97% and 2.08%) and 32.72% of Zensar (10.73% and 21.99%). Rising institutional holding is a useful signal in profit growing faster than revenue stocks, though it should be read with earnings trends rather than on its own.
