{"id":333047,"date":"2026-10-30T11:04:01","date_gmt":"2026-10-30T05:34:01","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=333047"},"modified":"2026-10-30T11:04:01","modified_gmt":"2026-10-30T05:34:01","slug":"smallcap-peg-ratio-1-to-2-stocks-to-watch-multibagger-potential-2","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/smallcap-peg-ratio-1-to-2-stocks-to-watch-multibagger-potential-2\/","title":{"rendered":"4 Smallcap PEG Ratio 1 to 2 Stocks to Watch for Future Multibagger Potential: Elgi Equipments, Engineers India, CCL Products and Bikaji Foods"},"content":{"rendered":"

Elgi Equipments Rs 511.25. Engineers India Rs 261.15. CCL Products Rs 946.30. Bikaji Foods Rs 460. Market caps from Rs 11,524 crore to Rs 17,411 crore. Data as of 29 Oct 2026.<\/em><\/p>\n

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

Elgi Equipments, Engineers India, CCL Products and Bikaji Foods are the 4 picks in this PEG ratio 1 to 2 stocks watchlist, with market caps between Rs 11,524 crore and Rs 17,411 crore. Elgi Equipments stands out for the largest market cap at Rs 17,411 crore, while Engineers India offers the highest return on equity at 21.98%. PE ratios run from 21.58 to 45.15, so compare each one with its industry PE before investing. All figures are as of 29 October 2026.<\/p>\n<\/p><\/div>\n

PEG ratio 1 to 2 stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Elgi Equipments, Engineers India, CCL Products and Bikaji Foods meet that test, with market caps from Rs 11,524 crore to Rs 17,411 crore and Elgi Equipments offering the largest market cap at Rs 17,411 crore. Each of these companies has a market capitalisation below Rs 30,000 crore and a PEG ratio between 1 and 2, worked out as the price to earnings ratio divided by the FY22 to FY26 profit CAGR, 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

This list covers companies with a market capitalisation below Rs 30,000 crore and a PEG ratio between 1 and 2, worked out as the price to earnings ratio divided by the FY22 to FY26 profit CAGR, 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 PEG ratio 1 to 2 stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 29 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n

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