{"id":328771,"date":"2026-10-27T16:19:19","date_gmt":"2026-10-27T10:49:19","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=328771"},"modified":"2026-10-27T16:19:19","modified_gmt":"2026-10-27T10:49:19","slug":"smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Smallcap Operating Margin Between 10 and 20 Per Cent Stocks to Watch for Future Multibagger Potential: Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Force Motors Rs 16,588. Bikaji Foods Rs 464.45. JBM Auto Rs 485.10. VA Tech Wabag Rs 1,707.40. Market caps from Rs 10,591 crore to Rs 22,878 crore. Data as of 26 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag are the 4 picks in this operating margin between 10 and 20 per cent stocks watchlist, with market caps between Rs 10,591 crore and Rs 22,878 crore. Force Motors stands out for the highest return on equity at 25.19%, while Bikaji Foods offers the fastest profit growth, 35.25% a year since FY22. PE ratios run from 18.27 to 47.25, so compare each one with its industry PE before investing. All figures are as of 26 October 2026.<\/p>\n<\/p><\/div>\n<p>Operating margin between 10 and 20 per cent stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag meet that test, with market caps from Rs 10,591 crore to Rs 22,878 crore and Force Motors offering the highest return on equity at 25.19%. Each of these companies has a market capitalisation below Rs 30,000 crore and an FY26 operating profit margin between 10 and 20 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.<\/p>\n<p>This list covers companies with a market capitalisation below Rs 30,000 crore and an FY26 operating profit margin between 10 and 20 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 operating margin between 10 and 20 per cent stocks 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.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=operating-margin-between-and-per-cent-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#What_Are_Operating_Margin_Between_10_and_20_Per_Cent_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Operating Margin Between 10 and 20 Per Cent Stocks and Why Do They Attract Multibagger Interest?\">What Are Operating Margin Between 10 and 20 Per Cent Stocks and Why Do They Attract Multibagger Interest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Operating_Margin_Between_10_and_20_Per_Cent_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\" title=\"Operating Margin Between 10 and 20 Per Cent Stocks at a Glance: Price, Market Cap, PE and ROE\">Operating Margin Between 10 and 20 Per Cent Stocks at a Glance: Price, Market Cap, PE and ROE<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Force_Motors_Return_on_Equity_of_2519\" title=\"Force Motors: Return on Equity of 25.19%\">Force Motors: Return on Equity of 25.19%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Bikaji_Foods_3525_Profit_CAGR_Since_FY22\" title=\"Bikaji Foods: 35.25% Profit CAGR Since FY22\">Bikaji Foods: 35.25% Profit CAGR Since FY22<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#JBM_Auto_Five-Year_Gain_of_33551\" title=\"JBM Auto: Five-Year Gain of 335.51%\">JBM Auto: Five-Year Gain of 335.51%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#VA_Tech_Wabag_2936_Profit_CAGR_Since_FY22\" title=\"VA Tech Wabag: 29.36% Profit CAGR Since FY22\">VA Tech Wabag: 29.36% Profit CAGR Since FY22<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Operating_Margin_Between_10_and_20_Per_Cent_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Operating Margin Between 10 and 20 Per Cent Stocks: Financial Comparison on Growth and Margins\">Operating Margin Between 10 and 20 Per Cent Stocks: Financial Comparison on Growth and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_Force_Motors_Bikaji_Foods_JBM_Auto_and_VA_Tech_Wabag\" title=\"Institutional Holding in Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag\">Institutional Holding in Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Operating_Margin_Between_10_and_20_Per_Cent_Stocks\" title=\"Risks to Weigh in Operating Margin Between 10 and 20 Per Cent Stocks\">Risks to Weigh in Operating Margin Between 10 and 20 Per Cent Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Operating_Margin_Between_10_and_20_Per_Cent_Stocks\" title=\"How to Choose Between Operating Margin Between 10 and 20 Per Cent Stocks\">How to Choose Between Operating Margin Between 10 and 20 Per Cent Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Operating_Margin_Between_10_and_20_Per_Cent_Stocks_to_Watch\" title=\"Frequently Asked Questions on Operating Margin Between 10 and 20 Per Cent Stocks to Watch\">Frequently Asked Questions on Operating Margin Between 10 and 20 Per Cent Stocks to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Which_are_the_best_operating_margin_between_10_and_20_per_cent_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best operating margin between 10 and 20 per cent stocks to watch for multibagger potential?\">Which are the best operating margin between 10 and 20 per cent stocks to watch for multibagger potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Is_Force_Motors_a_good_stock_for_long-term_investors\" title=\"Is Force Motors a good stock for long-term investors?\">Is Force Motors a good stock for long-term investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Can_Bikaji_Foods_become_a_multibagger_from_here\" title=\"Can Bikaji Foods become a multibagger from here?\">Can Bikaji Foods become a multibagger from here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_Force_Motors_Bikaji_Foods_JBM_Auto_and_VA_Tech_Wabag\" title=\"What is the market cap of Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag?\">What is the market cap of Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_operating_margin_between_10_and_20_per_cent_stocks\" title=\"What are the risks of investing in operating margin between 10 and 20 per cent stocks?\">What are the risks of investing in operating margin between 10 and 20 per cent stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#Why_is_Bikaji_Foods_trading_at_a_PE_of_4559\" title=\"Why is Bikaji Foods trading at a PE of 45.59?\">Why is Bikaji Foods trading at a PE of 45.59?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_Force_Motors_Bikaji_Foods_JBM_Auto_and_VA_Tech_Wabag\" title=\"How much do institutions hold in Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag?\">How much do institutions hold in Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Operating_Margin_Between_10_and_20_Per_Cent_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Operating Margin Between 10 and 20 Per Cent Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Operating margin between 10 and 20 per cent stocks are shares of smaller companies that kept 10 to 20 paise of operating profit from every rupee of sales in FY26, a healthy margin for volume driven businesses. The four here cover utility vehicles, snacks, auto components and water treatment.<\/p>\n<p>Margins in this band belong to businesses that earn profit through scale and steady demand, so growth in sales lifts profit directly. Within operating margin between 10 and 20 per cent stocks, the four companies show rising profit. For operating margin between 10 and 20 per cent stocks, both FY26 and the latest quarter showed growth. Whichever way you read operating margin between 10 and 20 per cent stocks, the common thread is rising profit backed by complete financial data. Investors researching operating margin between 10 and 20 per cent stocks get a fuller picture by reading growth and valuation together. The table below lines up operating margin between 10 and 20 per cent stocks on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use operating margin between 10 and 20 per cent stocks as a starting point for your own research.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Operating_Margin_Between_10_and_20_Per_Cent_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\"><\/span><strong>Operating Margin Between 10 and 20 Per Cent Stocks at a Glance: Price, Market Cap, PE and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are closing prices as of 26 October 2026. Force Motors combines the lowest PE of the group, 18.27, with the highest return on equity, 25.19%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Debt to Equity<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/forcemot\/force-motors-ltd-share-price-today\">Force Motors<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16,588<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">22,878<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.62<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.19%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.00<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15,982.00 to 26,450.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/bikaji\/bikaji-foods-international-ltd-share-price-today\">Bikaji Foods International<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">464.45<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11,636<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">45.59<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">34.68<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.07%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.19<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">462.00 to 768.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/jbma\/jbm-auto-ltd-share-price-today\">JBM Auto<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">485.10<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11,499<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">47.25<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">37.22<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14.22%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.97<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">477.00 to 738.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/wabag\/va-tech-wabag-ltd-share-price-today\">VA Tech Wabag<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,707.40<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10,591<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">26.87<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">22.80<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14.42%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.09<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,033.00 to 2,319.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Force_Motors_Return_on_Equity_of_2519\"><\/span><strong>Force Motors: Return on Equity of 25.19%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Force Motors makes commercial vehicles such as the Traveller and Gurkha and supplies engines and axles to other automakers. It reported FY26 revenue of Rs 9,167.51 crore, up 12.79% year on year, and net profit of Rs 1,211.75 crore, up 51.31%. Revenue has compounded at 29.18% a year since FY22. Operating margin was 17.59% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.<\/p>\n<p>In the June 2026 quarter, revenue rose 6.71% to Rs 2,478.11 crore and net profit grew 22.81% to Rs 216.59 crore. The share price has gained 1046.45% over five years. Promoters hold 61.63%, which keeps ownership stable. The stock trades at a PE of 18.27 against an industry PE of 23.62, below the sector average, with a return on equity of 25.19%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Bikaji_Foods_3525_Profit_CAGR_Since_FY22\"><\/span><strong>Bikaji Foods: 35.25% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<p>The stock trades at a PE of 45.59 against an industry PE of 34.68, with a return on equity of 16.07%. 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"JBM_Auto_Five-Year_Gain_of_33551\"><\/span><strong>JBM Auto: Five-Year Gain of 335.51%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>JBM Auto makes sheet metal components and tools for vehicle makers and builds electric buses and city transport solutions. It reported FY26 revenue of Rs 6,227.30 crore, up 12.69% year on year, and net profit of Rs 238.07 crore, up 10.92%. Net profit has compounded at 11.08% a year since FY22, while revenue has grown 17.98% a year. Operating margin was 13.18% in FY26.<\/p>\n<p>In the June 2026 quarter, revenue rose 13.90% to Rs 1,473.94 crore and net profit grew 13.37% to Rs 44.26 crore. The share price has gained 335.51% over five years. Promoters hold 67.53%, which keeps ownership stable. The stock trades at a PE of 47.25 against an industry PE of 37.22, with a return on equity of 14.22%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"VA_Tech_Wabag_2936_Profit_CAGR_Since_FY22\"><\/span><strong>VA Tech Wabag: 29.36% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<p>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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Operating_Margin_Between_10_and_20_Per_Cent_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Operating Margin Between 10 and 20 Per Cent Stocks: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these operating margin between 10 and 20 per cent stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Revenue Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Revenue CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Latest Quarter Revenue Growth<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Force Motors<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9,167.51<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,211.75<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.79%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">29.18%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.71%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.19%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Bikaji Foods<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,045.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">254.41<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14.71%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.07%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.79%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.57%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">JBM Auto<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6,227.30<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">238.07<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.69%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.98%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.90%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.96%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">VA Tech Wabag<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4,038.50<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">369.80<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.96%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.61%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.96%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.45%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these operating margin between 10 and 20 per cent stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_Force_Motors_Bikaji_Foods_JBM_Auto_and_VA_Tech_Wabag\"><\/span><strong>Institutional Holding in Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these operating margin between 10 and 20 per cent stocks alongside the promoter. The table uses the latest reported quarter for each. VA Tech Wabag has the deepest institutional backing, with FII and DII together holding 24.59% 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%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Force Motors<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">61.63%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.52%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.46%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27.39%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Bikaji Foods<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">73.88%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.61%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">17.50%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.02%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">JBM Auto<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">67.53%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.93%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.13%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">30.41%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">VA Tech Wabag<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">19.08%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.26%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.33%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">56.34%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Operating_Margin_Between_10_and_20_Per_Cent_Stocks\"><\/span><strong>Risks to Weigh in Operating Margin Between 10 and 20 Per Cent Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with operating margin between 10 and 20 per cent stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>Past growth may not repeat.<\/li>\n<li>Share prices can move sharply in either direction.<\/li>\n<li><strong>Valuation:<\/strong> 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.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Operating_Margin_Between_10_and_20_Per_Cent_Stocks\"><\/span><strong>How to Choose Between Operating Margin Between 10 and 20 Per Cent Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from operating margin between 10 and 20 per cent stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (22.80 to 37.22) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track net profit growth, the operating margin and the return on equity in every quarterly result.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among operating margin between 10 and 20 per cent stocks, Force Motors stands out for the highest return on equity at 25.19%, Bikaji Foods for the fastest profit growth, 35.25% a year since FY22, JBM Auto for 12.69% revenue growth in FY26 and VA Tech Wabag for the strongest latest-quarter profit growth at 36.93%. 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 operating margin between 10 and 20 per cent 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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Operating_Margin_Between_10_and_20_Per_Cent_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Operating Margin Between 10 and 20 Per Cent Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_operating_margin_between_10_and_20_per_cent_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best operating margin between 10 and 20 per cent stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag are the 4 names this list highlights, with market caps of Rs 22,878 crore, Rs 11,636 crore, Rs 11,499 crore and Rs 10,591 crore respectively. Force Motors is notable for the highest return on equity at 25.19%. Bikaji Foods stands out for the fastest profit growth, 35.25% a year since FY22. JBM Auto offers 12.69% revenue growth in FY26. VA Tech Wabag brings the strongest latest-quarter profit growth at 36.93%. These are watchlist names for operating margin between 10 and 20 per cent stocks, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Force_Motors_a_good_stock_for_long-term_investors\"><\/span><strong>Is Force Motors a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Force Motors has a return on equity of 25.19%, a PE of 18.27 against an industry PE of 23.62 and a market cap of Rs 22,878 crore. FY26 revenue rose 12.79%, and June 2026 quarter net profit grew 22.81%. Long-term returns in operating margin between 10 and 20 per cent stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_Bikaji_Foods_become_a_multibagger_from_here\"><\/span><strong>Can Bikaji Foods become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bikaji Foods has a market cap of Rs 11,636 crore. A multibagger outcome in operating margin between 10 and 20 per cent stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 35.25% a year since FY22, and FY26 revenue rose 14.71%. At a PE of 45.59 against an industry PE of 34.68, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Force_Motors_Bikaji_Foods_JBM_Auto_and_VA_Tech_Wabag\"><\/span><strong>What is the market cap of Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 26 October 2026, Force Motors has a market cap of Rs 22,878 crore, Bikaji Foods has a market cap of Rs 11,636 crore, JBM Auto has a market cap of Rs 11,499 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 operating margin between 10 and 20 per cent stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_operating_margin_between_10_and_20_per_cent_stocks\"><\/span><strong>What are the risks of investing in operating margin between 10 and 20 per cent stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_Bikaji_Foods_trading_at_a_PE_of_4559\"><\/span><strong>Why is Bikaji Foods trading at a PE of 45.59?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Bikaji Foods&#8217; 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 operating margin between 10 and 20 per cent stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_Force_Motors_Bikaji_Foods_JBM_Auto_and_VA_Tech_Wabag\"><\/span><strong>How much do institutions hold in Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 10.98% of Force Motors (9.52% and 1.46%), 22.11% of Bikaji Foods (4.61% and 17.50%), 2.06% of JBM Auto (1.93% and 0.13%) and 24.59% of VA Tech Wabag (18.26% and 6.33%). Rising institutional holding is a useful signal in operating margin between 10 and 20 per cent stocks, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best operating margin between 10 and 20 per cent stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag are the 4 names this list highlights, with market caps of Rs 22,878 crore, Rs 11,636 crore, Rs 11,499 crore and Rs 10,591 crore respectively. Force Motors is notable for the highest return on equity at 25.19%. Bikaji Foods stands out for the fastest profit growth, 35.25% a year since FY22. JBM Auto offers 12.69% revenue growth in FY26. VA Tech Wabag brings the strongest latest-quarter profit growth at 36.93%. These are watchlist names for operating margin between 10 and 20 per cent stocks, not recommendations, so match each one to your own risk profile and time horizon.\"}},{\"@type\":\"Question\",\"name\":\"Is Force Motors a good stock for long-term investors?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Force Motors has a return on equity of 25.19%, a PE of 18.27 against an industry PE of 23.62 and a market cap of Rs 22,878 crore. FY26 revenue rose 12.79%, and June 2026 quarter net profit grew 22.81%. Long-term returns in operating margin between 10 and 20 per cent stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.\"}},{\"@type\":\"Question\",\"name\":\"Can Bikaji Foods become a multibagger from here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Bikaji Foods has a market cap of Rs 11,636 crore. A multibagger outcome in operating margin between 10 and 20 per cent stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 35.25% a year since FY22, and FY26 revenue rose 14.71%. At a PE of 45.59 against an industry PE of 34.68, valuation should be checked against that growth before investing.\"}},{\"@type\":\"Question\",\"name\":\"What is the market cap of Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 26 October 2026, Force Motors has a market cap of Rs 22,878 crore, Bikaji Foods has a market cap of Rs 11,636 crore, JBM Auto has a market cap of Rs 11,499 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 operating margin between 10 and 20 per cent stocks.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in operating margin between 10 and 20 per cent stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"Why is Bikaji Foods trading at a PE of 45.59?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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 operating margin between 10 and 20 per cent stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.\"}},{\"@type\":\"Question\",\"name\":\"How much do institutions hold in Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of the latest reported quarter, FII and DII together hold 10.98% of Force Motors (9.52% and 1.46%), 22.11% of Bikaji Foods (4.61% and 17.50%), 2.06% of JBM Auto (1.93% and 0.13%) and 24.59% of VA Tech Wabag (18.26% and 6.33%). Rising institutional holding is a useful signal in operating margin between 10 and 20 per cent stocks, though it should be read with earnings trends rather than on its own.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>4 smallcap operating margin between 10 and 20 per cent stocks compared on market cap, PE, ROE, growth and institutional holding: Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag.<\/p>\n","protected":false},"author":33,"featured_media":328770,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[16858,16857],"class_list":["post-328771","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-operating-margin-between-10-and-20-per-cent-sector","tag-operating-margin-between-10-and-20-per-cent-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["328770"],"rank_math_title":["Operating Margin Between 10 and 20 Per Cent Stocks to Watch"],"rank_math_description":["Operating margin between 10 and 20 per cent stocks to watch for multibagger potential: Force Motors, Bikaji Foods, JBM Auto and VA Tech Wabag. Compare PE, ROE and growth."],"rank_math_focus_keyword":["operating margin between 10 and 20 per cent stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/4-smallcap-operating-margin-between-10-and-20-per-cent-stocks-to-watch-for.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328771","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=328771"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328771\/revisions"}],"predecessor-version":[{"id":328772,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328771\/revisions\/328772"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/328770"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=328771"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=328771"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=328771"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}