Greatest Small Cap Shares Below Rs 200: Lively buyers, fund managers, and institutional buyers are all the time on the lookout for hidden gems out there – shares that many are unaware of, hiding in plain sight amongst hundreds of different listed corporations. To the buyers on the lookout for shares within the ₹200 and beneath vary (per share value), particularly for small-cap shares, this text is for you.
Greatest Small Cap Shares Below Rs 200
Some buyers are significantly considering investing in small-cap corporations. These are shares which can be barely identified, fairly small in comparison with their business gamers, and have a reasonably small market capitalization. However, they’ve the potential to develop.
Whereas one might argue that not all of them will turn into a diamond within the tough, the mere likelihood that it might multiply an investor’s returns is sufficient to spark curiosity. Listed here are among the greatest small-cap shares beneath Rs 200.
Greatest Small Cap Shares Below Rs 200 #1 – Exide Industries
The primary place on our checklist of greatest small cap shares beneath Rs 200 is Exide Industries. It’s the largest battery maker in India, commanding a 60 p.c market share within the business. Exide Industries is India’s largest battery-selling firm. The corporate makes batteries for vehicles resembling two-wheelers, LCVs, SUVs, hatchbacks, and so forth. Apart from automotive batteries, they manufacture industrial batteries and backup UPS batteries.
Fundamentals Of Exide Industries:
Exide Industries is a small-cap battery firm, with a market cap of ₹15,959 crores. They dominate the battery market in India and noticed revenues of ₹12,789 crores in FY 22. The corporate made an working revenue of ₹1,402 crores, giving them an OPM margin of 11 p.c.
The web income of the corporate have been unusually excessive, at ₹4,357 crores, however that is principally resulting from a reported extra revenue of ₹3,725 crores. Gross sales of the corporate have barely moved up to now 5 years. In FY 18, Exide Industries noticed a income of ₹12,808 crores and an working revenue of ₹1,408 crores. That’s a meager gross sales progress of two.73 p.c.
he firm has had an excellent ROE of 48.6 p.c. However ROE was common, at 10.6 p.c. Given its longstanding enterprise operations, it’s no shock that Exide has a really low D/E of simply 0.05. Exide Industries inventory has a P/E of 20.4, barely decrease than its business P/E of twenty-two.3.
Promoters of Exide Industries, Chloride Japanese Ltd, maintain an unshaken 46 p.c stake within the firm. Prior to now 5 years, Exide Industries has given a damaging return of 24.6 p.c, almost decreasing one-fourth of its share value.
Additionally Learn – Greatest Small Cap Shares Below Rs 100 – Excessive Danger, Excessive Reward?
Greatest Small Cap Shares Below Rs 200 #2 – Indian Power Change (IEX)
On the second place of our checklist of greatest small-cap shares beneath Rs 200, we’ve got Indian Power Change. IEX is India’s power market, the place the buying and selling of electrical energy, renewable power, and certificates takes place. The corporate has over 7,300 individuals in 29 states and 5 union territories. The change has been operational since June 2008 and listed on each NSE and BSE, as of October 2017.
Fundamentals Of IEX:
Indian Power Change is without doubt one of the greater small-cap shares beneath ₹200, as it’s at the moment sized at ₹13,710 crores by market capitalization. For the monetary yr ending March 2022, IEX reported revenues of ₹426 crores, and an all-time excessive OPM of 86 p.c, translating to a internet revenue of ₹303 crores. In FY 18, the corporate’s gross sales have been nearly half that, at ₹230 crores, and income have been nearly a 3rd of FY 22, at ₹132 crores.
Gross sales, OPM, and internet income are all displaying an upward pattern. IEX has an astonishing ROE of 47.6 p.c and ROCE of 62.1 p.c, making it probably the greatest corporations on our checklist. The corporate is almost debt free, with a fractional D/E ratio of 0.02. The corporate’s inventory P/E is 47.2, nearly twice that of its business P/E of 24.5. Traders may be prepared to pay a better value for the corporate, given its margins and profitability.
Promoters don’t personal any a part of the corporate, and its shares are principally held by the general public (62.49 p.c). Prior to now 5 years, IEX has given a internet optimistic return of 182.9 p.c, multiplying buyers’ wealth by an element of 1.8X.
Greatest Small Cap Shares Below Rs 200 #3 – BLS Worldwide Providers
When touring wherever on this planet turned accessible to all people, the tourism hotspots knew this is able to grow to be a booming enterprise. So did the visa companies that might make a enterprise out of individuals touring for enterprise or pleasure. BLS Worldwide is an IT service supplier for visa functions, passport companies, and eVisa Help. These companies are offered by the corporate to state and provincial governments. They at the moment function in over 60 nations worldwide.
Fundamentals Of BLS Worldwide:
With a market cap of ₹6,910 crores, BLS is a small-cap IT service inventory. In FY 22, when India noticed main migrations, each for training and for residence, BLS noticed its best-ever fiscal yr. They made ₹850 crores in gross sales and ₹111 crores in internet income. 5 years prior (FY 18), the corporate reported ₹789 crores in gross sales and ₹97 crores in income, which is only a 6.01 p.c gross sales progress in 5 years.
The latest spike in gross sales has additionally been mirrored within the firm’s ROCE (22.3 p.c) and ROE (21.6 p.c). BLS can be just about debt free, having a D/E ratio of 0.01.
The promoters of BLS Worldwide maintain a 74.4 p.c stake within the firm, and there hasn’t been any main enhance/lower in stake. Prior to now 5 years, BLS Worldwide has given a 3X return of 332.7 p.c, making it probably the greatest small-cap shares on our checklist.
Greatest Small Cap Shares Below Rs 200 #4 – EIH
2020 noticed the tourism and resort business take a extreme hit. This instantly impacted nations like India which obtain a major tourism revenue. One such inventory that might profit from the latest comeback of the tourism business is East India Resorts. EIH is a resort inventory and is owned by the Oberoi Group.
The corporate owns and operates accommodations throughout the nation at unique locations. The corporate is without doubt one of the oldest on this checklist and was listed publicly within the yr 1956.
Fundamentals Of EIH:
EIH is a small-cap resort inventory, owned by the Oberoi group and valued at ₹10,678 crores by market cap. The resort business took successful and so did EIH, whose gross sales are but to see pre-pandemic ranges. FY 22 noticed the corporate generate ₹985 crores in gross sales and a internet lack of ₹95 crores. In FY 18, the corporate noticed its greatest annual income of ₹196 crores from a gross sales income of ₹1,599 crores.
The most recent quarters of FY 23 present that the corporate’s books are lastly at their pre-2020 ranges. 9M Q3 gross sales have been ₹1,381 crores, and income have been ₹237 crores. They generated extra income in these 3 quarters than every other annual determine thus far. Regardless of unstable years, the corporate has maintained a low D/E ratio of 0.12. The inventory has a P/E of 47.2, vs its business P/E of 33.8.
The guardian firm of EIH, Oberoi Resorts, owns a 32.8 p.c stake within the firm, down by 1.9 p.c from December 2022. Prior to now 5 years, EIH has given a 5-year return of only one p.c, experiencing excessive volatility through the years.
Greatest Small Cap Shares Below Rs 200 #5 – KP Power
KP Power is a listed power firm, offering plant options within the wind power sector. The corporate claims to be Gujarat’s #1 BOP Options supplier of wind power tasks in addition to wind-solar tasks in India. They’ve thus far energized 200 MW and have 4 wind power belongings with a complete capability of 8.4 MW.
Fundamentals Of KP Power
KP Power is a small-cap power firm, with a market cap of ₹417 crores. With the sudden concentrate on the inexperienced power sector, corporations like KP Power stand to learn immensely.
The FY 22’s figures of the corporate noticed gross sales value ₹250 crores, an all-time excessive within the firm’s historical past. From these gross sales, the corporate noticed an working revenue of ₹34 crores. The corporate had an OPM of 14 p.c, a lot decrease than final yr’s 25 p.c and FY 18’s 17 p.c. Profitability has not adopted the expansion fee of revenues, though the corporate has been worthwhile.
The corporate has a really optimistic and phenomenal ROE of twenty-two.7 p.c and a ROCE of 28.7 p.c. Their debt-to-equity ratio can be fairly low, at 0.21. KP Power’s inventory has a P/E of 12.3, whereas its business P/E is eighteen.4.
The inventory may be undervalued on the time being. Promoter holding has declined quickly up to now two years, from 66.6 p.c in December 2021 to 44.8 p.c in March 2023. KP Power has given a optimistic return of 71 p.c up to now 5 years.
Checklist Of High 100 Small Cap Shares Below Rs 200
CompanyIndustryMCap(Cr)Present Worth (Rs)
Exide Industries Ltd.Batteries15946187.6
Indian Power Change Ltd.Energy Era, Distribution13705.32153.7
Redington Ltd.Trading13216.9169.1
KIOCL Ltd.Mining & Minerals11690.09192.35
EIH Ltd.Resort, Resort & Restaurants10668.71170.6
Finolex Industries Ltd.Plastic Products10290.61167
BLS Worldwide Providers Ltd.Miscellaneous7314.65178.05
Jyothy Labs Ltd.Family & Private Products7057.75192.8
Solar Pharma Superior Analysis Firm Ltd.Miscellaneous6307.08194.35
Sterlite Applied sciences Ltd.Cable6305.54158.2
Reliance Infrastructure Ltd.Energy Era, Distribution5605.77159.5
The India Cements Ltd.Cement & Building Materials5502.22177.55
Delta Corp Ltd.Miscellaneous5208.75194.65
Rain Industries Ltd.Petrochemicals5179.72154
EPL Ltd.Plastic Products5155161.95
Jindal Noticed Ltd.Metal & Iron Products5096.88159.4
Religare Enterprises Ltd.Finance – Investment4893.84150.65
JK Tyre & Industries Ltd.Tyres & Allied4044.34164.25
Schneider Electrical Infrastructure Ltd.Electrical Equipment3964.34165.8
Rallis India Ltd.Pesticides & Agrochemicals3883.54199.6
Heidelberg Cement India Ltd.Cement & Building Materials3847.89169.8
Mishra Dhatu Nigam Ltd.Metal & Iron Products3578.19191
MOIL Ltd.Mining & Minerals3063.47150.75
Camlin Wonderful Sciences Ltd.Chemicals2693.37170.65
Dilip Buildcon Ltd.Building – Actual Estate2599.7177
Max Ventures And Industries Ltd.Finance – Investment2518.21171.15
Sagar Cements Ltd.Cement & Building Materials2500.44192.2
Metal Strips Wheels Ltd.Auto Ancillary2499.52159.7
Wockhardt Ltd.Prescription drugs & Drugs2467.51171.25
TD Energy Programs Ltd.Electrical Equipment2457.67156.75
Bajaj Shopper Care Ltd.Family & Private Products2201.43154.15
Magellanic Cloud Ltd.Finance – Investment2161.09184.9
Gabriel India Ltd.Auto Ancillary2160.4150.45
Suggestions Industries Ltd.Movie Manufacturing, Distribution & Entertainment2057.39160.2
Saksoft Ltd.IT – Software1965.31185.95
Thirumalai Chemical substances Ltd.Chemicals1931.55188.75
Ashiana Housing Ltd.Building – Actual Estate1818.8176.25
DCX Programs Ltd.Electronics – Components1670.9171.9
Heritage Meals Ltd.Shopper Food1578.92170.15
Optiemus Infracom Ltd.Trading1481.47173.15
Ugro Capital Ltd.Finance – NBFC1362.83176.6
Som Distilleries Breweries & Wineries Ltd.Breweries & Distilleries1321.54169.9
New Delhi Tv Ltd.TV Broadcasting & Software program Production1188.85184
Repco House Finance Ltd.Finance – Housing1166.77186.6
Veranda Studying Options Ltd.Academic Institutions1163.71189.2
Ganesh Benzoplast Ltd.Chemicals1143.99175
TV At this time Community Ltd.TV Broadcasting & Software program Production1133.41189.95
Deep Industries Ltd.Engineering1067.52166.8
Kitex Clothes Ltd.Textile1050.7158
GRM Abroad Ltd.Shopper Food1020170
Dhampur Bio Organics Ltd.Sugar1011.75152.4
Lancer Container Traces Ltd.Logistics1003.33163
Chaman Lal Setia Exports Ltd.Shopper Food908.96175.7
NCL Industries Ltd.Cement & Building Materials857.39187
GIC Housing Finance Ltd.Finance – Housing848.15157.55
RSWM Ltd.Textile836.53177.6
Ram Ratna Wires Ltd.Metallic – Non Ferrous825.88187.3
63 Moons Applied sciences Ltd.IT – Software770.66168.4
Monarch Networth Capital Ltd.Finance – Inventory Broking663.5195.9
Hercules Hoists Ltd.Engineering – Industrial Equipments628.64197.15
Apex Frozen Meals Ltd.Aquaculture624.69199.9
The Ruby Mills Ltd.Textile617.14184.55
VLS Finance Ltd.Finance – Investment603.81171
SEL Manufacturing Firm Ltd.Textile596.92180.15
Dharmaj Crop Guard Ltd.Pesticides & Agrochemicals586.05173.4
Anjani Portland Cement Ltd.Cement & Building Materials531.39176.6
Shree Pushkar Chemical substances & Fertilisers Ltd.Dyes & Pigments522.3166.1
Integra Engineering India Ltd.Engineering – Industrial Equipments517.71151.5
Banswara Syntex Ltd.Textile – Artifical Fibres515.54148.9
Jayant Agro-Organics Ltd.Chemicals491.1163
Sreeleathers Ltd.Trading459.61197.6
Crest Ventures Ltd.Finance – NBFC457.9160.9
Fermenta Biotech Ltd.Prescription drugs & Drugs442.35150.3
Ritco Logistics Ltd.Logistics438.87179.3
MMP Industries Ltd.Aluminium & Aluminium Products430.7169.55
KP Power Ltd.Engineering – Construction418.59188.3
Plastiblends India Ltd.Chemicals415.96160.05
Dynamic Cables Ltd.Cable403.85183.45
Moneyboxx Finance Ltd.Finance – NBFC399.36160.25
Kamat Resorts (India) Ltd.Resort, Resort & Restaurants394.32159.95
Goodricke Group Ltd.Tea,Coffee385.56178.5
Radhika Jeweltech Ltd.Diamond & Jewellery370.4156.95
Prakash Pipes Ltd.Plastic Products363.8152.1
Suratwwala Enterprise Group Ltd.Building – Actual Estate331.31192
Nath Bio-Genes (India) Ltd.Agriculture320.5169
Rudrabhishek Enterprises Ltd.Engineering – Construction316.5182.5
Hitech Company Ltd.Plastic Products314.49183.1
Asian Resorts (North) Ltd.Resort, Resort & Restaurants313.2161
Modi’s Navnirman Ltd.Building – Actual Estate307.94182
SKP Bearing Industries Ltd.Bearings307.93185.5
Pradeep Metals Ltd.Engineering – Industrial Equipments304.73176.3
Panchmahal Metal Ltd.Metal & Iron Products288.46151.2
Race Eco Chain Ltd.Trading287.56175
DCM Nouvelle Ltd.Textile285.68154.4
Kilitch Medicine (India) Ltd.Prescription drugs & Drugs268.95172.55
Maan Aluminium Ltd.Aluminium & Aluminium Products268.73198.75
Venus Treatments Ltd.Prescription drugs & Drugs262.79197
PPAP Automotive Ltd.Auto Ancillary260.68185.15
Star Paper Mills Ltd.Paper & Paper Products252.93161.8
E2E Networks Ltd.IT – Hardware252.52174.45
In Closing
Small-cap shares include excessive positive aspects potential as they’re nonetheless rising and increasing, whereas additionally they have the prospect to fall considerably. Most buyers get drawn to small-cap shares due to the excessive return, however keep away from the high-risk clause. Each funding portfolio ought to comprise a steadiness of various securities in numerous sectors, to mitigate the chance related to investing. That’s all for our article on the perfect small cap shares beneath Rs200. Pleased Investing!
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