{"id":325994,"date":"2026-10-26T10:26:33","date_gmt":"2026-10-26T04:56:33","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325994"},"modified":"2026-10-26T10:26:33","modified_gmt":"2026-10-26T04:56:33","slug":"smallcap-low-debt-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/smallcap-low-debt-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Smallcap Low Debt Stocks to Watch for Future Multibagger Potential: Tata Elxsi, Kajaria Ceramics, CAMS and Travel Food Services"},"content":{"rendered":"

Tata Elxsi Rs 3,700. Kajaria Ceramics Rs 1,136.60. CAMS Rs 650. Travel Food Services Rs 1,157.80. Market caps from Rs 15,398 crore to Rs 23,043 crore. Data as of 23 Oct 2026.<\/em><\/p>\n

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

Tata Elxsi, Kajaria Ceramics, CAMS and Travel Food Services are the 4 picks in this low debt stocks watchlist, with market caps between Rs 15,398 crore and Rs 23,043 crore. Tata Elxsi stands out for the fastest profit growth, 33.09% a year since FY11, while Kajaria Ceramics offers the strongest latest-quarter profit growth at 55.04%. PE ratios run from 31.67 to 34.44, 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. Tata Elxsi, Kajaria Ceramics, CAMS and Travel Food Services meet that test, with market caps from Rs 15,398 crore to Rs 23,043 crore and Tata Elxsi offering the fastest profit growth, 33.09% a year since FY11. Each of these companies has a market capitalisation below Rs 30,000 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 below Rs 30,000 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 below Rs 30,000 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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