{"id":325920,"date":"2026-10-26T10:19:12","date_gmt":"2026-10-26T04:49:12","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325920"},"modified":"2026-10-26T10:19:12","modified_gmt":"2026-10-26T04:49:12","slug":"smallcap-passive-income-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/smallcap-passive-income-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Smallcap Passive Income Stocks to Watch for Future Multibagger Potential: LIC Housing Finance, Tata Elxsi, CESC and Zensar"},"content":{"rendered":"

LIC Housing Finance Rs 490. Tata Elxsi Rs 3,700. CESC Rs 124.79. Zensar Rs 493.70. Market caps from Rs 10,994 crore to Rs 28,617 crore. Data as of 23 Oct 2026.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

LIC Housing Finance, Tata Elxsi, CESC and Zensar are the 4 picks in this passive income stocks watchlist, with market caps between Rs 10,994 crore and Rs 28,617 crore. LIC Housing Finance stands out for the lowest PE of the group at 4.99, while Tata Elxsi offers the highest return on equity at 24.73%. PE ratios run from 4.99 to 34.39, so compare each one with its industry PE before investing. All figures are as of 23 October 2026.<\/p>\n<\/p><\/div>\n

Passive income stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. LIC Housing Finance, Tata Elxsi, CESC and Zensar meet that test, with market caps from Rs 10,994 crore to Rs 28,617 crore and LIC Housing Finance offering the lowest PE of the group at 4.99. Each of these companies has a market capitalisation below Rs 30,000 crore and a dividend yield of at least 1 per cent and a return on equity of at least 12 per cent, and net profit rose in FY26 and in the latest quarter.<\/p>\n

This list covers companies with a market capitalisation below Rs 30,000 crore and a dividend yield of at least 1 per cent and a return on equity of at least 12 per cent, 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 passive income stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 23 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n

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