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Best Small Cap Stocks in India (2025)

Small cap stocks, categorised by a market capitalisation under ₹5,000 cr., present unique opportunities and challenges for investors. Here's the list of best small cap stocks in India.

Best Small Cap Stocks in India (2025)

Smallcap Stocks

List of Smallcap stocks listed in NSE.
last updated at 6:30 AM IST 

Showing 1 - 20 of 100 results

last updated at 6:30 AM IST 
NameStocks (100)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCE
1.IDBI Bank LtdIDBIPrivate BanksPrivate Banks92,115.8392,115.8385.6785.6712.0712.07-2.46-2.4626.9426.94-9.50-9.501.491.4913.5013.5010.3910.39
2.Godfrey Phillips India LtdGODFRYPHLPFMCG - TobaccoFMCG - Tobacco57,211.5157,211.5111,003.5011,003.5053.3753.3720.3720.37115.76115.7679.5079.5010.8910.8922.5822.5825.2825.28
3.Laurus Labs LtdLAURUSLABSPharmaceuticalsPharmaceuticals46,257.6046,257.60856.90856.90129.10129.10-2.38-2.3862.0562.0587.1887.1810.0510.058.228.2212.0812.08
4.Kaynes Technology India LtdKAYNESElectrical Components & EquipmentsElectrical Components & Equipments41,045.3241,045.326,123.006,123.00139.88139.8813.0513.0548.1648.1628.9128.9114.4314.4311.0011.0016.1316.13
5.Radico Khaitan LtdRADICOAlcoholic BeveragesAlcoholic Beverages38,185.7138,185.712,852.502,852.50110.48110.485.135.1338.1138.1156.9456.9413.8713.8713.3113.3117.4317.43
6.Multi Commodity Exchange of India LtdMCXStock Exchanges & RatingsStock Exchanges & Ratings37,617.1837,617.187,390.007,390.0067.1767.17-4.35-4.3556.7356.7347.6647.6619.9619.9634.3334.3324.1124.11
7.Narayana Hrudayalaya LtdNHHospitals & Diagnostic CentresHospitals & Diagnostic Centres35,619.6535,619.651,753.801,753.8045.0845.08-11.39-11.398.558.5538.4838.489.829.8224.2624.2618.1418.14
8.Delhivery LtdDELHIVERYLogisticsLogistics34,950.1934,950.19468.05468.05215.61215.619.449.4484.5084.5012.2712.273.713.711.751.752.662.66
9.Poonawalla Fincorp LtdPOONAWALLAConsumer FinanceConsumer Finance34,825.5434,825.54431.55431.55-354.13-354.133.693.6957.6257.629.949.944.264.26-1.20-1.20-0.56-0.56
10.Go Digit General Insurance LtdGODIGITInsuranceInsurance33,021.7233,021.72357.65357.6577.7177.712.492.4921.8821.88-3.38-3.387.667.6612.0812.089.119.11
11.Aster DM Healthcare LtdASTERDMHospitals & Diagnostic CentresHospitals & Diagnostic Centres31,063.3131,063.31601.05601.055.785.783.023.0252.5552.5549.4649.468.518.51123.89123.8999.1999.19
12.Central Depository Services (India) LtdCDSLStock Exchanges & RatingsStock Exchanges & Ratings29,769.9629,769.961,424.401,424.4056.5356.53-5.07-5.0729.0029.00-0.49-0.4916.5016.5031.8131.8137.6637.66
13.Dr. Lal PathLabs LtdLALPATHLABHospitals & Diagnostic CentresHospitals & Diagnostic Centres27,612.5627,612.563,308.903,308.9056.6856.689.109.1040.8240.82-1.48-1.4812.5112.5123.8123.8128.0028.00
14.ITI LtdITITelecom EquipmentsTelecom Equipments27,368.1727,368.17284.15284.15-127.36-127.36-4.97-4.9713.2313.23-5.19-5.1915.3415.34-27.36-27.360.430.43
15.Garden Reach Shipbuilders & Engineers LtdGRSEShipbuildingShipbuilding26,939.1926,939.192,351.702,351.7051.0851.08-4.47-4.4793.6693.6633.8433.8412.9612.9628.1128.1132.3932.39
16.Affle 3i LtdAFFLEAdvertisingAdvertising26,788.5526,788.551,907.601,907.6070.1570.154.074.0736.2136.2116.0616.0610.7210.7214.9914.9918.2618.26
17.NBCC (India) LtdNBCCConstruction & EngineeringConstruction & Engineering26,530.2026,530.2098.2698.2649.0349.03-8.52-8.5233.3633.36-24.35-24.3511.0011.0017.7017.7028.0628.06
18.Inventurus Knowledge Solutions LtdIKSHealth Care Equipment & SuppliesHealth Care Equipment & Supplies25,312.7025,312.701,514.201,514.2052.0852.08-1.41-1.41-15.25-15.25-20.13-20.1321.8621.8637.3037.3033.3133.31
19.Piramal Enterprises LtdPELDiversified FinancialsDiversified Financials25,230.6225,230.621,120.201,120.2051.9751.97-13.69-13.6925.6025.606.116.110.930.931.811.810.760.76
20.Shyam Metalics and Energy LtdSHYAMMETLIron & SteelIron & Steel25,188.0225,188.02905.30905.3027.7427.74-5.45-5.4528.8728.8716.0016.002.232.238.418.4111.8311.83

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: Sub-sector: Smallcap | Market Cap: Sorted from Highest to Lowest

How to Invest in Small-Cap Stocks?

Investing in top small-cap stocks of NSE index 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 small-cap stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Small-cap Stocks: Go to Tickertape Stock Screener and set the “Market Cap: Smallcap” filter
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, and earnings. You can create your own custom filter, in case your preferred parameters are not available. This can help you narrow down the best small-cap stocks in India for 2025.
  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. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve decided on a stock, you can place a buy order through your brokerage account linked to Tickertape.

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!

Overview of the Best Small-Cap Shares for 2025

IDBI Bank Ltd

IDBI Bank is a prime example of small-cap companies in India. It is a public sector bank offering retail and corporate banking services. It provides loans, deposits, treasury operations, and digital banking products across urban and rural markets in India. Laurus Labs Ltd Laurus Labs operates in the pharmaceutical sector, manufacturing active pharmaceutical ingredients (APIs), finished dosage forms, and synthesis services. It primarily serves the therapeutic areas of antiretroviral, oncology, and hepatitis C globally. Narayana Hrudayalaya Ltd Narayana Hrudayalaya operates a network of hospitals and healthcare facilities across India. It focuses on affordable cardiac care, multi-speciality treatment, and advanced medical services through efficient cost structures and standardised protocols. You can check the top 10 small-cap stocks via Tickertape Stock Screener by using more than 200 filters.

What are Small-Cap Stocks?

Small-cap stocks are shares of companies with relatively smaller market capitalisation, typically between ₹5,000 cr and ₹20,000 cr in India, though thresholds can vary by index provider. These companies are often in early or mid-growth phases and may operate in specialised sectors. Small-cap stocks generally carry higher volatility and liquidity risks compared to large-cap companies.

How is the Value of NIFTY Small-cap 100 Calculated?

The NIFTY Small-cap 100 index value is determined using the formula below:

Index Value = (Current Free Float Market Capitalisation / Base Free Float Market Capitalisation) × Base Index Value

Current Free Float Market Cap = outstanding shares × Investible Weight Factor (IWF) × capping factor × price

  1. IWF represents the proportion of shares available for public trading
  2. Capping factor equals 1 for uncapped indices

  3. The small-cap index undergoes a semi‑annual review in January and July, using six months of market data. Changes to the constituent list—limited to 15 stocks annually—are implemented from the final trading day of March and September.

What is NIFTY Small-Cap 100 Index?

The NIFTY Small-cap 100 Index comprises leading small-cap stocks listed on the National Stock Exchange. It offers a midpoint between the more concentrated NIFTY Small Cap 50 and the broader Small Cap 250, providing a representative measure of key small-cap companies in the Indian economy within a diversified framework.

Features of Small-cap Stocks

High Growth Potential

Small-cap stocks often have the potential for significant growth, making them attractive for long-term investment.

Volatility

Small-cap stocks tend to be highly volatile, which may lead to greater price fluctuations in both bull and bear markets.

Low Liquidity

These stocks are less liquid due to lower trading volumes, which may impact the ease of buying or selling shares.

Undervalued Opportunities

Small-cap stocks are sometimes undervalued due to less market recognition, which can provide potential investment opportunities.

Advantages of Investing in the Small Cap Stocks

High Growth Potential

Small-cap stocks often have high growth potential compared to large-cap stocks. Many experts suggest that the best small-cap stock for long term can perform.

Fairly Priced

As domestic and foreign institutional investors (DIIs and FIIs) often focus on large-cap stocks, undervalued small-cap stocks remain fairly priced, allowing retail investors to find value opportunities.

Diversification

Investing in the top small-cap shares or high-growth small-cap stocks can diversify your portfolio, reducing dependence on large-cap stocks.

Risks of Investing in Small-Cap Stocks

Liquidity Limitations

Lower traded volumes may affect the ease of executing larger transactions or achieving preferred pricing.

Market Volatility

Prices of small-cap stocks can exhibit high sensitivity to changes in sentiment and external economic developments.

Shorter Operational History

Many emerging small-cap companies have limited public financial history, requiring deeper scrutiny of available data.

Execution Uncertainty

Growth plans may face delays due to limited capital, resource constraints, or unforeseen challenges.

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Factors to Consider Before Investing in Small Cap Stocks

Company's Growth

Assessing company growth involves checking revenue and operating margins. While many small-cap companies have limited cash flow, to find small-cap stocks with good fundamentals, look for consistent annual revenue and positive margins.

Financial Ratios

Key ratios like debt-to-equity, ROE, and profit margins offer insights into financial health and efficiency. These can help assess companies' ability to manage capital and generate sustainable growth, particularly in small-cap stocks with high returns.

Competitive Advantage

Identifying market leaders among small-cap companies with a clear edge or distinct positioning may highlight their operational strengths. Strong market positioning can support better business outcomes in competitive sectors, offering long-term opportunities for investing in small-cap stocks.

Market Position

Companies included in the Nifty small-cap share list may reflect business viability. Market presence and segment focus can help evaluate their scale and relevance within the small-cap category.

To Wrap Up

Investing in small-cap stocks can be influenced by various market dynamics and the performance of individual companies. Tools like the Tickertape Stock Screener help to explore the best small-cap stocks, assess potential growth, and evaluate companies based on specific financial criteria. Whether considering small-cap stocks for long-term investment or reviewing the broader small-cap market trends, it can assist in making informed decisions. Always conduct thorough research or consult a financial advisor before investing in small-cap stocks.

Frequently Asked Questions on Small Cap Stocks

  1. 1. What is a small-cap stock?

    Shares of companies with a market capitalisation of less than ₹5,000 cr. are small-cap stocks. In other words, these are issued by small-cap companies in India. These are ranked 251 and above in the stock market. Investors may also track small-cap stocks' 3-month gains to assess short-term performance trends.

  2. 2. How to find good small-cap stocks?

    Tickertape Stock Screener enables users to apply over 200 filters to identify NSE-listed small-cap stocks based on specific financial parameters, facilitating data-driven market research and screening.

  3. 3. How to get a list of small-cap IT stocks?

    You can get the IT small-cap share list on Tickertape Stock Screener with just two clicks. Follow the steps below:
    1. Log in to Tickertape
    2. Go to Stock Screener
    3. Select 'Small-cap' under the 'Market Cap'
    4. Under the 'Sector' select 'Information Technology

  4. 4. How to get a list of the top 10 small-cap stocks with low debt in India?

    You can get the list of debt-free small-cap dividend stocks in India by following the steps below:
    1. Log in to Tickertape
    2. Go to Stock Screener
    3. Select 'Small-cap' under the 'Market Cap'
    4. Click on 'Add Filter'
    5. Search for 'Total Debt'
    Sort the 'Total Debt' from low to high and get the small-cap share list with no debt.

  5. 5. Should you invest in the NIFTY Small-cap 100 index? Is NIFTY Small-cap 100 safe?

    The NIFTY Small-cap 100 index tracks a list of small-cap stocks in NSE based on market capitalisation. It’s more volatile, and investment suitability depends on individual risk tolerance and financial goals.

  6. 6. What is the NIFTY Small-cap 100 Index?

    The NIFTY Small-cap 100 index tracks the small-cap stocks list on the NSE with float-adjusted market capitalisation. It reflects trends in small-cap stocks, which can impact small-cap share prices.

  7. 7. How to choose small-cap stocks with strong fundamentals while investing?

    When selecting debt-free small-cap stocks, consider factors such as earnings stability, debt profile, operating margins, and cash flows to assess their resilience. This helps identify small-cap company opportunities for potential growth.

  8. 8. Why invest in small-cap stocks?

    Investing in small-cap stocks can provide opportunities for growth, but they may offer more small-cap stock returns that are influenced by market conditions.

  9. 9. Who should invest in small-cap shares?

    Small-cap shares are suitable for investors willing to take on more risk. The performance of the top 50 small-cap stocks can fluctuate, so it's essential to stay informed about market dynamics. For that, you can use Tickertape Stock Screener.

  10. 10. Are small-cap stocks riskier than large-cap stocks?

    Small-cap stocks are generally riskier due to their volatility, lower liquidity, and more significant sensitivity to economic and market changes compared to large-cap stocks.