{"id":325960,"date":"2026-10-26T10:23:27","date_gmt":"2026-10-26T04:53:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325960"},"modified":"2026-10-26T10:23:27","modified_gmt":"2026-10-26T04:53:27","slug":"midcap-low-debt-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/midcap-low-debt-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Midcap Low Debt Stocks to Watch for Future Multibagger Potential: Dixon, Dabur, Mphasis and Ajanta Pharma"},"content":{"rendered":"

Dixon Rs 11,191. Dabur Rs 363. Mphasis Rs 2,480. Ajanta Pharma Rs 3,283.90. Market caps from Rs 41,336 crore to Rs 75,636 crore. Data as of 23 Oct 2026.<\/em><\/p>\n

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

Dixon, Dabur, Mphasis and Ajanta Pharma are the 4 picks in this low debt stocks watchlist, with market caps between Rs 41,336 crore and Rs 75,636 crore. Dixon stands out for the highest return on equity at 30.76%, while Dabur offers 5.18% revenue growth in FY26. PE ratios run from 24.35 to 36.42, so compare each one with its industry PE before investing. All figures are as of 23 October 2026.<\/p>\n<\/p><\/div>\n

Low debt stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Dixon, Dabur, Mphasis and Ajanta Pharma meet that test, with market caps from Rs 41,336 crore to Rs 75,636 crore and Dixon offering the highest return on equity at 30.76%. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and a debt-to-equity ratio below 0.3 and a return on equity of at least 15 per cent, and net profit rose in FY26 and in the latest quarter.<\/p>\n

This list covers companies with a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and a debt-to-equity ratio below 0.3 and a return on equity of at least 15 per cent, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap between Rs 30,000 crore and Rs 1 lakh crore. Investors screening low debt 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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