Good morning :)

List of MSME Stocks in India (2025)

MSME stocks represent companies supporting micro, small, and medium enterprises. They are influenced by government initiatives, credit availability, industrial output, and contribution to India’s overall economic activity.

Top MSME Stocks in 2025

MSME Stock Screener

MSME Stock Screener: Analyse & Filter Indian Stocks on Tickertape

Created by

@tickertapetickertape

Showing 1 - 10 of 10 results

last updated at 9:45 PM IST 
NameStocks (10)↓↓Sub-SectorSub-Sector↓↓Market CapMarket Cap↓↓Close PriceClose Price↓↓PE RatioPE Ratio↓↓1D Return1D Return↓↓1M Return1M Return↓↓6M Return6M Return↓↓1Y Return1Y Return↓↓PB RatioPB Ratio↓↓Return on EquityReturn on Equity↓↓ROCEROCE↓↓Dividend YieldDiv Yield↓↓Debt to EquityDebt to Equity↓↓Volatility vs NiftyVolatility vs Nifty↓
1.Indo Thai Securities LtdINDOTHAIInvestment Banking & BrokerageInvestment Banking & Brokerage5,246.775,246.77420.00420.00635.20635.20-2.26-2.2613.0513.05132.82132.82266.36266.3628.9928.996.456.455.615.61--0.020.023.593.59
2.Arihant Capital Markets LtdARIHANTCAPDiversified FinancialsDiversified Financials1,010.461,010.4696.5996.5917.2217.22-1.75-1.75-4.22-4.2235.9135.91-8.82-8.822.632.6316.6016.6018.1718.170.520.520.250.254.514.51
3.Aryaman Capital Markets LtdARYACAPMDiversified FinancialsDiversified Financials609.64609.64509.00509.0026.6026.602.072.07-10.76-10.7655.1855.18137.85137.857.887.8838.6738.6724.3424.34--0.360.363.843.84
4.Almondz Global Securities LtdALMONDZInvestment Banking & BrokerageInvestment Banking & Brokerage298.33298.3317.1817.1817.2217.221.181.18-10.68-10.68-14.06-14.06-42.02-42.021.241.247.517.517.087.08--0.220.224.014.01
5.Alacrity Securities LtdALSLInvestment Banking & BrokerageInvestment Banking & Brokerage237.03237.0351.9951.9919.6719.671.641.64-13.26-13.26-27.79-27.79-69.95-69.952.342.3416.4416.4415.3015.30--0.050.053.923.92
6.Inventure Growth & Securities LtdINVENTUREInvestment Banking & BrokerageInvestment Banking & Brokerage128.10128.101.221.2262.1862.18-2.40-2.40-14.38-14.38-24.22-24.22-46.96-46.960.470.470.830.832.242.24--0.130.132.922.92
7.Ajcon Global Services LtdAJCONDiversified FinancialsDiversified Financials47.7147.717.787.7888.3588.35-0.51-0.51-9.91-9.916.586.5854.6754.671.791.792.112.112.202.20--0.370.375.365.36
8.CIL Securities LtdCILSECInvestment Banking & BrokerageInvestment Banking & Brokerage23.3823.3847.4647.4611.2911.291.711.71-11.96-11.961.891.89-22.72-22.720.750.756.826.828.678.67--0.000.004.034.03
9.GCM Securities LtdGCMSECUInvestment Banking & BrokerageInvestment Banking & Brokerage15.9615.960.840.84-5.98-5.982.442.44-6.82-6.82-3.45-3.45-31.15-31.151.091.09-17.66-17.66-13.26-13.26--0.480.483.583.58
10.Aryan Share & Stock Brokers LtdARYANInvestment Banking & BrokerageInvestment Banking & Brokerage6.866.8622.8522.85-22.85-22.850.000.00-1.17-1.1714.2514.25-9.54-9.540.460.46-1.99-1.99-0.77-0.77--0.000.005.905.90
Edit Filters

Analyse MSME Stocks Further

Visit 'MSME Stocks' FurtherScreener

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: MSME Stocks, based on publicly available information and is sorted by market cap.

Top MSME Stocks in 2025

Indo Thai Securities Ltd

Indo Thai Securities Ltd is a financial services company based in Indore. It provides stockbroking, depository, and wealth management services to retail and institutional clients. The company focuses on equity trading, research, and investment solutions to serve India’s growing capital markets.

Arihant Capital Markets Ltd

Arihant Capital Markets Ltd is a diversified financial services firm. It delivers equity and derivatives trading, commodities, currency, depository, and portfolio management services. The company also provides investment advisory and wealth solutions, serving retail, HNI, and institutional clients across India through its wide branch and franchise network.

Aryaman Capital Markets Ltd

Aryaman Capital Markets Ltd engages in merchant banking and capital market advisory services. It specialises in IPO management, corporate restructuring, valuation, and fundraising. The company supports SMEs and emerging businesses by helping them access capital markets and implement growth-oriented financial strategies.

Almondz Global Securities Ltd

Almondz Global Securities Ltd operates as a financial services company with expertise in investment banking, institutional broking, and wealth management. It offers debt syndication, corporate finance, and advisory services along with capital market activities. The company caters to corporates, institutions, and individual clients across India.

Alacrity Securities Ltd

Alacrity Securities Ltd is a stockbroking and financial services firm. It offers equity, derivatives, and commodity trading, as well as depository and investment advisory services. The company mainly serves retail clients and small businesses, giving them access to India’s capital markets through its brokerage and trading platforms.

What are MSME Stocks?

MSME stocks in India are shares of companies that fall under the Micro, Small, and Medium Enterprises (MSME) classification as defined by the Government of India.

These enterprises are categorised based on their investment in plant & machinery/equipment and annual turnover:
- Micro Enterprises: Investment up to ₹1 cr. and turnover up to ₹5 cr..
- Small Enterprises: Investment up to ₹10 cr. and turnover up to ₹50 cr..
- Medium Enterprises: Investment up to ₹50 cr. and turnover up to ₹250 cr..

When such MSMEs are listed on the stock exchange, their shares are called MSME stocks.

How to Invest in MSME Stocks?

Investing in MSME stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in MSME stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
    2. 

  2. Search for MSME Stocks: Go to Tickertape Stock Screener and search for MSME stocks.
    3. 

  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top MSME stocks in India.
    4. 

  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
    5. 

  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
    6. 

  6. Invest Through Your Broker: Once you’ve identified MSME stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.
    7. 


You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Advantages of Investing in MSME Stocks

High Growth Potential

MSMEs are in the early or mid stages of business. With supportive government policies, expanding markets, and rising demand, they often have scope for faster revenue and profit growth compared to large, established companies.

Government Support

The Indian government actively promotes MSMEs through schemes like the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), priority sector lending, and production-linked incentives. Such measures can indirectly strengthen listed MSME companies.

Entry into Emerging Sectors

Many MSMEs operate in niche or sunrise industries such as renewable energy, speciality chemicals, technology services, or industrial automation, giving investors exposure to new business opportunities at relatively early stages.

Potential Valuation Upside

Because MSME stocks are often undervalued or less tracked by analysts, discovering a strong business early may give investors significant upside if the company scales and eventually migrates to the main board of exchanges.

Contribution to the Economy

By investing in MSME stocks, investors indirectly support businesses that contribute about 30% to India’s GDP and employ a large workforce, aligning their investments with national economic growth.

Install the Tickertape app and enjoy a more hands-on investing experience
  • portfolio-iconReceive real-time market alerts for timely decisions
  • portfolio-iconMonitor your portfolio from the palm of your hands
  • portfolio-iconWatchlist stocks and mutual funds to stay updated
Download Now

Risks of Investing in MSME Stocks

High Volatility

MSME stocks are more sensitive to market sentiment. Their smaller size and limited resources often cause sharp price swings compared to large-cap or even mid-cap stocks.

Low Liquidity

These stocks usually have lower trading volumes. This can make it difficult to buy or sell in large quantities without impacting the price significantly.

Limited Financial Strength

MSMEs often operate with restricted capital and higher dependency on external borrowings. During downturns or disruptions, this can stress their balance sheets.

Business Vulnerability

Because they are smaller, MSMEs are more exposed to challenges like supply chain disruptions, raw material price fluctuations, or sudden changes in customer demand.

Regulatory and Compliance Risks

Smaller firms may not always follow strict corporate governance practices or maintain transparency. This can increase the risk of information gaps or weaker disclosures for investors.

Migration and Delisting Risks

While some MSME stocks grow and migrate to the main board, others may stagnate, remain illiquid, or even face delisting if they fail to meet exchange requirements.

Factors to Consider Before Investing in MSME Stocks

Liquidity of the Stock

Trading volumes indicate the liquidity of a stock. Low liquidity may make entry and exit difficult, increasing price impact risks.

Industry and Market Position

Assess the company’s sector dynamics, competitive edge, and customer base. MSMEs in growing sectors (like speciality chemicals, IT services, or renewables) may have stronger prospects.

Management Quality

In smaller firms, leadership plays a big role. Promoters’ track record, governance standards, and transparency in disclosures help you gain insights into the functionality of the business.

Government and Policy Support

Policies such as PLI schemes, credit guarantees, and tax incentives can significantly benefit MSMEs. Consider whether the company is positioned to take advantage.

Growth Potential vs. Risk Appetite

MSME stocks can offer high growth but also high volatility. Ensure that your risk tolerance and investment horizon match the nature of these investments.

Conclusion

The MSME sector in India shows strong promise, driven by government initiatives, sectoral tailwinds, and the potential for faster business growth compared to established players. At the same time, these opportunities come with risks such as high volatility, limited liquidity, and governance challenges. This makes it important to separate fundamentally sound MSME stocks from the rest.

With over 200 filters on the Tickertape Stock Screener, you can identify the top MSME stocks in India by evaluating financial health, sector position, and growth potential, ensuring a more informed selection process.

Popular Stock Collections

Popular Mutual Fund Collections

Frequently Asked Questions on MSME Stocks

  1. What are MSME Stocks?

    MSME stocks are linked to companies serving or representing micro, small, and medium enterprises that drive a large share of India’s economy. Growth drivers include government schemes, credit access, and digitisation. However, challenges like default risks, uneven adoption of technology, and sensitivity to economic slowdowns affect performance.

  2. How to invest in MSME stocks?

    Here’s how you can invest in MSME Stocks -
    1. Go to the Tickertape Stock Screener
    2. Select the "MSME" stocks.
    3. From the MSME Stocks, analyse and sort the MSME Stocks using over 200+ filters - including valuation ratios, financials, technical indicators, and more - based on your investment thesis.
    4. Review the filtered list, and identify stocks that best align with your risk appetite, return expectations, and investment goals.
    5. Once you've shortlisted the stocks, click ‘Place Order’ to invest in your preferred MSME Stocks.

    Disclaimer: Please do your own research or consult your financial advisor before investing.

  3. What is the future projection of MSME stocks?

    MSME-focused companies will benefit from government schemes, digitisation, and fintech-driven access to credit and services. As MSMEs modernise, ancillary markets grow, but risks include defaults, uneven tech adoption, and sensitivity to slowdowns. Stocks serving MSMEs could deliver strong returns but with higher volatility than broader markets.

    Disclaimer: This is only for educational purposes as the latest data is derived from major financial research reports.

  4. How to choose MSME stocks for investing?

    Choose companies serving MSMEs through inputs, financing, or digital solutions. Firms benefitting from government incentives, wide geographic reach, and strong credit discipline are safer. Digital adoption in this segment is growing, so providers of SaaS, fintech, or logistics solutions to MSMEs could see long-term growth.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  5. Do MSME stocks offer regular dividends?

    Dividend consistency varies widely. Some mature companies serving MSMEs may pay stable dividends, but smaller or fast-growing firms tend to reinvest profits, leading to irregular payouts.

    Disclaimer: This is only for educational purposes as the latest data is derived from Tickertape Stock Screener.

  6. What are the factors affecting MSME stocks prices?

    Prices depend on credit availability, government incentives, rural demand, interest rates, and the pace of digital adoption among MSMEs.

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

Disclaimer: This article is for informational purposes only. The content of the article including securities/investment products mentioned if any, should not in any manner be construed as an investment advice, recommendation, offer, solicitation to buy/hold/sell any securities/investment products. The securities quoted if any, are for illustration only and are not recommendatory. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered financial advisor before investing.