4 Smallcap Stocks With 25-50 Per Cent Profit Growth to Watch for Future Multibagger Potential: Himadri, Kajaria Ceramics, Bikaji Foods and VA Tech Wabag
- October 27, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Himadri Rs 522.25. Kajaria Ceramics Rs 1,118.40. Bikaji Foods Rs 464.45. VA Tech Wabag Rs 1,707.40. Market caps from Rs 10,591 crore to Rs 28,800 crore. Data as of 26 Oct 2026.
Quick Answer
Himadri, Kajaria Ceramics, Bikaji Foods and VA Tech Wabag are the 4 picks in this stocks with 25-50 per cent profit growth watchlist, with market caps between Rs 10,591 crore and Rs 28,800 crore. Himadri stands out for the biggest five-year price gain at 1163.85%, while Kajaria Ceramics offers the strongest latest-quarter profit growth at 55.04%. PE ratios run from 26.87 to 45.59, so compare each one with its industry PE before investing. All figures are as of 26 October 2026.
Stocks with 25-50 per cent profit growth to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Himadri, Kajaria Ceramics, Bikaji Foods and VA Tech Wabag meet that test, with market caps from Rs 10,591 crore to Rs 28,800 crore and Himadri offering the biggest five-year price gain at 1163.85%. Each of these companies has a market capitalisation below Rs 30,000 crore and FY26 net profit growth between 25 and 50 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 FY26 net profit growth between 25 and 50 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 stocks with 25-50 per cent profit growth 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.
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What Are Stocks With 25-50 Per Cent Profit Growth and Why Do They Attract Multibagger Interest?
Stocks with 25-50 per cent profit growth are shares of smaller companies whose net profit grew by 25 to 50 per cent in FY26, fast enough to stand out and steady enough to sustain. The four here cover carbon black, ceramic tiles, snacks and water treatment.
Growth in this range is strong without being a one-off spike, which makes it easier to carry forward. For stocks with 25-50 per cent profit growth, both FY26 and the latest quarter showed growth. Whichever way you read stocks with 25-50 per cent profit growth, the common thread is rising profit backed by complete financial data. With stocks with 25-50 per cent profit growth, comparing valuation, growth and balance sheet strength together works better than relying on one number. Every company in the table below passed a rising-profit check, and the figures for stocks with 25-50 per cent profit growth are complete. Read each company’s latest results and exchange filings before acting on stocks with 25-50 per cent profit growth.
Stocks With 25-50 Per Cent Profit Growth at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 26 October 2026. VA Tech Wabag has the lowest PE of the group at 26.87, while Bikaji Foods posts the highest return on equity at 16.07%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Himadri Speciality Chemical | 522.25 | 28,800 | 35.81 | 36.42 | 15.96% | 0.16 | 418.50 to 819.50 |
| Kajaria Ceramics | 1,118.40 | 18,562 | 33.89 | 30.35 | 15.83% | 0.07 | 869.60 to 1,293.80 |
| Bikaji Foods International | 464.45 | 11,636 | 45.59 | 34.68 | 16.07% | 0.19 | 462.00 to 768.50 |
| VA Tech Wabag | 1,707.40 | 10,591 | 26.87 | 22.80 | 14.42% | 0.09 | 1,033.00 to 2,319.00 |
Himadri: Quarterly Profit Up 27.36%
Himadri Speciality Chemical makes carbon black, coal tar pitch and specialty chemicals and is expanding into battery materials. It reported FY26 revenue of Rs 4,831.99 crore, up 3.59% year on year, and net profit of Rs 755.07 crore, up 36.02%. Revenue has compounded at 14.63% a year since FY22. Operating margin was 24.32% in FY26. The debt-to-equity ratio is 0.16.
In the June 2026 quarter, revenue rose 29.98% to Rs 1,488.19 crore and net profit grew 27.36% to Rs 228.43 crore. The share price has gained 1163.85% over five years and 40.46% over the past year. Foreign investors raised their holding from 5.63% in November 2025 to 7.32% in September 2026. The stock trades at a PE of 35.81 against an industry PE of 36.42, below the sector average, with a return on equity of 15.96%.
Kajaria Ceramics: Debt-to-Equity of 0.07
Kajaria Ceramics is the largest tile maker in India by capacity, selling ceramic and vitrified tiles across the country. It reported FY26 revenue of Rs 4,883.22 crore, up 4.39% year on year, and net profit of Rs 490.06 crore, up 40.70%. Net profit has compounded at 6.37% a year since FY22, while revenue has grown 6.95% a year. Operating margin was 18.05% in FY26. The debt-to-equity ratio is 0.07, which keeps interest costs low.
The stock trades at a PE of 33.89 against an industry PE of 30.35, with a return on equity of 15.83%. In the June 2026 quarter, revenue rose 20.54% to Rs 1,345.22 crore and net profit grew 55.04% to Rs 171.03 crore.
Bikaji Foods: 35.25% Profit CAGR Since FY22
Bikaji Foods International makes bhujia, namkeen, sweets and snacks sold across India and in export markets. It reported FY26 revenue of Rs 3,045.27 crore, up 14.71% year on year, and net profit of Rs 254.41 crore, up 30.91%. Net profit has compounded at 35.25% a year since FY22, while revenue has grown 17.07% a year. Operating margin was 15.30% in FY26. The debt-to-equity ratio is 0.19.
In the June 2026 quarter, revenue rose 12.79% to Rs 747.40 crore and net profit grew 1.61% to Rs 59.47 crore. Domestic institutions raised their holding from 13.37% in June 2025 to 17.50% in June 2026. The stock trades at a PE of 45.59 against an industry PE of 34.68, with a return on equity of 16.07%.
VA Tech Wabag: 29.36% Profit CAGR Since FY22
VA Tech Wabag designs and builds water and wastewater treatment plants, desalination plants and recycling systems for cities and industry. It reported FY26 revenue of Rs 4,038.50 crore, up 20.96% year on year, and net profit of Rs 369.80 crore, up 25.44%. Net profit has compounded at 29.36% a year since FY22, while revenue has grown 7.61% a year. Operating margin was 14.39% in FY26. The debt-to-equity ratio is 0.09, which keeps interest costs low.
The stock trades at a PE of 26.87 against an industry PE of 22.80, with a return on equity of 14.42%. In the June 2026 quarter, revenue rose 25.96% to Rs 938.80 crore and net profit grew 36.93% to Rs 90.10 crore. The share price has gained 462.01% over five years and 34.66% over the past year. Domestic institutions raised their holding from 3.67% in June 2025 to 6.33% in June 2026.
Stocks With 25-50 Per Cent Profit Growth: Financial Comparison on Growth and Margins
The table compares scale and growth across these stocks with 25-50 per cent profit growth. 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) |
|---|---|---|---|---|---|---|
| Himadri | 4,831.99 | 755.07 | 3.59% | 14.63% | 29.98% | 24.04% |
| Kajaria Ceramics | 4,883.22 | 490.06 | 4.39% | 6.95% | 20.54% | 20.98% |
| Bikaji Foods | 3,045.27 | 254.41 | 14.71% | 17.07% | 12.79% | 15.57% |
| VA Tech Wabag | 4,038.50 | 369.80 | 20.96% | 7.61% | 25.96% | 15.45% |
Check the Univest Screener for live data on these stocks with 25-50 per cent profit growth
Institutional Holding in Himadri, Kajaria Ceramics, Bikaji Foods and VA Tech Wabag
Institutional holding shows who is backing these stocks with 25-50 per cent profit growth alongside the promoter. The table uses the latest reported quarter for each. Kajaria Ceramics has the deepest institutional backing, with FII and DII together holding 37.83% as of June 2026. Domestic institutions increased their holding over the past year in Bikaji Foods (from 13.37% to 17.50%) and VA Tech Wabag (from 3.67% to 6.33%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Himadri | 52.49% | 7.32% | 2.85% | 37.33% | September 2026 |
| Kajaria Ceramics | 47.69% | 11.58% | 26.25% | 14.48% | June 2026 |
| Bikaji Foods | 73.88% | 4.61% | 17.50% | 4.02% | June 2026 |
| VA Tech Wabag | 19.08% | 18.26% | 6.33% | 56.34% | June 2026 |
Risks to Weigh in Stocks With 25-50 Per Cent Profit Growth
Being careful with stocks with 25-50 per cent profit growth 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: Bikaji Foods trades at a PE of 45.59 against an industry PE of 34.68, 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 Stocks With 25-50 Per Cent Profit Growth
Picking from stocks with 25-50 per cent profit growth 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 (22.80 to 36.42) 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 Himadri, Kajaria Ceramics, Bikaji Foods and VA Tech Wabag live prices.
Conclusion
Among stocks with 25-50 per cent profit growth, Himadri stands out for the biggest five-year price gain at 1163.85%, Kajaria Ceramics for the strongest latest-quarter profit growth at 55.04%, Bikaji Foods for the highest return on equity at 16.07% and VA Tech Wabag for the lowest PE of the group at 26.87. 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 stocks with 25-50 per cent profit growth 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 Stocks With 25-50 Per Cent Profit Growth to Watch
Which are the best stocks with 25-50 per cent profit growth to watch for multibagger potential?
Ans. Himadri, Kajaria Ceramics, Bikaji Foods and VA Tech Wabag are the 4 names this list highlights, with market caps of Rs 28,800 crore, Rs 18,562 crore, Rs 11,636 crore and Rs 10,591 crore respectively. Himadri is notable for the biggest five-year price gain at 1163.85%. Kajaria Ceramics stands out for the strongest latest-quarter profit growth at 55.04%. Bikaji Foods offers the highest return on equity at 16.07%. VA Tech Wabag brings the lowest PE of the group at 26.87. These are watchlist names for stocks with 25-50 per cent profit growth, not recommendations, so match each one to your own risk profile and time horizon.
Is Bikaji Foods a good stock for long-term investors?
Ans. Bikaji Foods has a return on equity of 16.07%, a PE of 45.59 against an industry PE of 34.68 and a market cap of Rs 11,636 crore. Net profit has compounded at 35.25% a year since FY22, and FY26 revenue rose 14.71% while June 2026 quarter net profit grew 1.61%. Long-term returns in stocks with 25-50 per cent profit growth depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can VA Tech Wabag become a multibagger from here?
Ans. VA Tech Wabag has already gained 462.01% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks with 25-50 per cent profit growth requires earnings to keep growing faster than the market for several years. Net profit has compounded at 29.36% a year since FY22, and FY26 revenue rose 20.96%. At a PE of 26.87 against an industry PE of 22.80, valuation should be checked against that growth before investing.
What is the market cap of Himadri, Kajaria Ceramics, Bikaji Foods and VA Tech Wabag?
Ans. As of 26 October 2026, Himadri has a market cap of Rs 28,800 crore, Kajaria Ceramics has a market cap of Rs 18,562 crore, Bikaji Foods has a market cap of Rs 11,636 crore and VA Tech Wabag has a market cap of Rs 10,591 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 stocks with 25-50 per cent profit growth.
What are the risks of investing in stocks with 25-50 per cent profit growth?
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. Bikaji Foods trades at a PE of 45.59 against an industry PE of 34.68, so earnings growth needs to hold up.
Why is Bikaji Foods trading at a PE of 45.59?
Ans. Bikaji Foods’ PE of 45.59 compares with an industry PE of 34.68. The market is paying a premium for a return on equity of 16.07% and profit growth of 35.25% a year since FY22, which also means the stock is more sensitive if growth slows. Investors in stocks with 25-50 per cent profit growth who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Himadri, Kajaria Ceramics, Bikaji Foods and VA Tech Wabag?
Ans. As of the latest reported quarter, FII and DII together hold 10.17% of Himadri (7.32% and 2.85%), 37.83% of Kajaria Ceramics (11.58% and 26.25%), 22.11% of Bikaji Foods (4.61% and 17.50%) and 24.59% of VA Tech Wabag (18.26% and 6.33%). Rising institutional holding is a useful signal in stocks with 25-50 per cent profit growth, though it should be read with earnings trends rather than on its own.
