4 Smallcap Price to Book Below 3 Stocks to Watch for Future Multibagger Potential: Sarda Energy, Time Technoplast, Bombay Burmah and IMFA
- October 28, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Sarda Energy Rs 458.25. Time Technoplast Rs 164.55. Bombay Burmah Rs 1,177. IMFA Rs 1,092.20. Market caps from Rs 5,977 crore to Rs 16,024 crore. Data as of 27 Oct 2026.
Quick Answer
Sarda Energy, Time Technoplast, Bombay Burmah and IMFA are the 4 picks in this Price to Book below 3 stocks watchlist, with market caps between Rs 5,977 crore and Rs 16,024 crore. Sarda Energy stands out for the largest market cap at Rs 16,024 crore, while Time Technoplast offers 11.94% revenue growth in FY26. PE ratios run from 3.14 to 16.71, so compare each one with its industry PE before investing. All figures are as of 27 October 2026.
Price to Book below 3 stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Sarda Energy, Time Technoplast, Bombay Burmah and IMFA meet that test, with market caps from Rs 5,977 crore to Rs 16,024 crore and Sarda Energy offering the largest market cap at Rs 16,024 crore. Each of these companies has a market capitalisation below Rs 30,000 crore and a Price to Book ratio below 3, 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 a Price to Book ratio below 3, 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 Price to Book below 3 stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 27 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Price to Book Below 3 Stocks and Why Do They Attract Multibagger Interest?
Price to Book below 3 stocks are shares that trade at less than three times their book value, a reasonable price for the net worth that sits behind each share. The four here cover steel and power, polymer products, plantations and ferro alloys.
A Price to Book ratio under 3 shows that the share price stays close to the real value of the business on its books, while profit keeps growing. For Price to Book below 3 stocks, both FY26 and the latest quarter showed growth. Whichever way you read Price to Book below 3 stocks, the common thread is rising profit backed by complete financial data. Investors researching Price to Book below 3 stocks get a fuller picture by reading growth and valuation together. The table below lines up Price to Book below 3 stocks on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use Price to Book below 3 stocks as a starting point for your own research.
Price to Book Below 3 Stocks at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 27 October 2026. Bombay Burmah combines the lowest PE of the group, 3.14, with the highest return on equity, 17.65%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Sarda Energy and Minerals | 458.25 | 16,024 | 13.92 | 22.42 | 15.00% | 0.36 | 443.95 to 624.00 |
| Time Technoplast | 164.55 | 8,320 | 16.71 | 36.61 | 11.46% | 0.18 | 154.00 to 227.50 |
| Bombay Burmah Trading Corporation | 1,177 | 8,119 | 3.14 | 37.21 | 17.65% | 0.23 | 1,177.00 to 1,864.00 |
| Indian Metals and Ferro Alloys | 1,092.20 | 5,977 | 11.39 | 11.27 | 15.61% | 0.35 | 1,064.10 to 1,679.90 |
Sarda Energy: Revenue Up 23.10% in FY26
Sarda Energy and Minerals makes sponge iron, steel products and ferro alloys, mines iron ore and coal, and generates power for captive use and sale. It reported FY26 revenue of Rs 5,927.54 crore, up 23.10% year on year, and net profit of Rs 1,063.30 crore, up 56.09%. Net profit has compounded at 7.10% a year since FY22, while revenue has grown 10.58% a year. Operating margin was 35.76% in FY26. The debt-to-equity ratio is 0.36.
In the June 2026 quarter, revenue rose 0.22% to Rs 1,716.53 crore and net profit grew 9.39% to Rs 462.81 crore. The share price has gained 472.57% over five years. Promoters hold 73.16%, which keeps ownership stable. The stock trades at a PE of 13.92 against an industry PE of 22.42, below the sector average, with a return on equity of 15.00%.
Time Technoplast: 25.49% Profit CAGR Since FY22
Time Technoplast makes polymer and composite products including industrial containers, composite cylinders and automotive components. It reported FY26 revenue of Rs 6,114.40 crore, up 11.94% year on year, and net profit of Rs 476.61 crore, up 20.83%. Net profit has compounded at 25.49% a year since FY22, while revenue has grown 13.74% a year. Operating margin was 14.76% in FY26. The debt-to-equity ratio is 0.18.
The stock trades at a PE of 16.71 against an industry PE of 36.61, below the sector average. In the June 2026 quarter, revenue rose 25.13% to Rs 1,693.80 crore and net profit grew 22.07% to Rs 117.86 crore. The share price has gained 383.36% over five years. Domestic institutions raised their holding from 16.63% in November 2025 to 17.85% in September 2026.
Bombay Burmah: 32.90% Profit CAGR Since FY22
Bombay Burmah Trading Corporation is a Wadia group company with interests in tea and coffee plantations, auto electric components and a large stake in Britannia Industries. It reported FY26 revenue of Rs 19,853.44 crore, up 6.93% year on year, and net profit of Rs 2,499.25 crore, up 13.64%. Net profit has compounded at 32.90% a year since FY22, while revenue has grown 7.49% a year. Operating margin was 19.66% in FY26. The debt-to-equity ratio is 0.23.
In the June 2026 quarter, revenue rose 7.78% to Rs 5,156.55 crore and net profit grew 17.08% to Rs 582.67 crore. The share price has gained 579.59% over five years. Promoters hold 74.05%, which keeps ownership stable. The stock trades at a PE of 3.14 against an industry PE of 37.21, below the sector average, with a return on equity of 17.65%.
IMFA: Quarterly Profit Up 108.12%
Indian Metals and Ferro Alloys makes charge chrome and ferro alloys and runs its own mines and captive power plants in Odisha. It reported FY26 revenue of Rs 2,891.78 crore, up 9.91% year on year, and net profit of Rs 424.72 crore, up 11.97%. Operating margin was 23.09% in FY26. The debt-to-equity ratio is 0.35.
The stock trades at a PE of 11.39 against an industry PE of 11.27, with a return on equity of 15.61%. In the June 2026 quarter, revenue rose 46.69% to Rs 973.36 crore and net profit grew 108.12% to Rs 192.59 crore. The share price has gained 199.60% over five years. Domestic institutions raised their holding from 0.22% in September 2025 to 0.84% in September 2026.
Price to Book Below 3 Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these Price to Book below 3 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 | Latest Quarter Revenue Growth | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Sarda Energy | 5,927.54 | 1,063.30 | 23.10% | 10.58% | 0.22% | 47.94% |
| Time Technoplast | 6,114.40 | 476.61 | 11.94% | 13.74% | 25.13% | 13.32% |
| Bombay Burmah | 19,853.44 | 2,499.25 | 6.93% | 7.49% | 7.78% | 17.75% |
| IMFA | 2,891.78 | 424.72 | 9.91% | 2.50% | 46.69% | 30.63% |
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Institutional Holding in Sarda Energy, Time Technoplast, Bombay Burmah and IMFA
Institutional holding shows who is backing these Price to Book below 3 stocks alongside the promoter. The table uses the latest reported quarter for each. Time Technoplast has the deepest institutional backing, with FII and DII together holding 27.01% as of September 2026. Domestic institutions increased their holding over the past year in Time Technoplast (from 16.63% to 17.85%) and IMFA (from 0.22% to 0.84%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Sarda Energy | 73.16% | 3.52% | 3.48% | 19.85% | June 2026 |
| Time Technoplast | 47.47% | 9.16% | 17.85% | 25.52% | September 2026 |
| Bombay Burmah | 74.05% | 9.46% | 1.03% | 15.46% | June 2026 |
| IMFA | 58.69% | 2.88% | 0.84% | 37.60% | September 2026 |
Risks to Weigh in Price to Book Below 3 Stocks
Being careful with Price to Book below 3 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: IMFA trades at a PE of 11.39 against an industry PE of 11.27, 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 Price to Book Below 3 Stocks
Picking from Price to Book below 3 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 (11.27 to 37.21) 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 Price to Book below 3 stocks, Sarda Energy stands out for the largest market cap at Rs 16,024 crore, Time Technoplast for 11.94% revenue growth in FY26, Bombay Burmah for the highest return on equity at 17.65% and IMFA for the strongest latest-quarter profit growth at 108.12%. 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 Price to Book below 3 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 Price to Book Below 3 Stocks to Watch
Which are the best Price to Book below 3 stocks to watch for multibagger potential?
Ans. Sarda Energy, Time Technoplast, Bombay Burmah and IMFA are the 4 names this list highlights, with market caps of Rs 16,024 crore, Rs 8,320 crore, Rs 8,119 crore and Rs 5,977 crore respectively. Sarda Energy is notable for the largest market cap at Rs 16,024 crore. Time Technoplast stands out for 11.94% revenue growth in FY26. Bombay Burmah offers the highest return on equity at 17.65%. IMFA brings the strongest latest-quarter profit growth at 108.12%. These are watchlist names for Price to Book below 3 stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Bombay Burmah a good stock for long-term investors?
Ans. Bombay Burmah has a return on equity of 17.65%, a PE of 3.14 against an industry PE of 37.21 and a market cap of Rs 8,119 crore. Net profit has compounded at 32.90% a year since FY22, and FY26 revenue rose 6.93% while June 2026 quarter net profit grew 17.08%. Long-term returns in Price to Book below 3 stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Time Technoplast become a multibagger from here?
Ans. Time Technoplast has already gained 383.36% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in Price to Book below 3 stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 25.49% a year since FY22, and FY26 revenue rose 11.94%. At a PE of 16.71 against an industry PE of 36.61, valuation should be checked against that growth before investing.
What is the market cap of Sarda Energy, Time Technoplast, Bombay Burmah and IMFA?
Ans. As of 27 October 2026, Sarda Energy has a market cap of Rs 16,024 crore, Time Technoplast has a market cap of Rs 8,320 crore, Bombay Burmah has a market cap of Rs 8,119 crore and IMFA has a market cap of Rs 5,977 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 Price to Book below 3 stocks.
What are the risks of investing in Price to Book below 3 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. IMFA trades at a PE of 11.39 against an industry PE of 11.27, so earnings growth needs to hold up.
Is Bombay Burmah trading below its industry PE?
Ans. Bombay Burmah trades at a PE of 3.14 against an industry PE of 37.21. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (net profit has compounded at 32.90% a year since FY22 and FY26 revenue rose 6.93%) and balance sheet strength before drawing a conclusion.
How much do institutions hold in Sarda Energy, Time Technoplast, Bombay Burmah and IMFA?
Ans. As of the latest reported quarter, FII and DII together hold 7.00% of Sarda Energy (3.52% and 3.48%), 27.01% of Time Technoplast (9.16% and 17.85%), 10.49% of Bombay Burmah (9.46% and 1.03%) and 3.72% of IMFA (2.88% and 0.84%). Rising institutional holding is a useful signal in Price to Book below 3 stocks, though it should be read with earnings trends rather than on its own.
