Small cap stocks below Rs 20

Small Caps Under Rs 20 #3 – Brightcom Group

Brightcom Group Founded in 2010, it provides digital marketing solutions to a variety of businesses, agencies, and online publishers. The company acts as a bridge between advertisers and their audiences by delivering relevant and well-structured messages to the right customers. The company’s presence can be found in 24 countries around the world.

Brightcom Group includes a wide range of services in its portfolio. This can be categorized into three main sectors, including digital advertising, software development, and future technologies. One of Brightcom Group’s key turning points came in 2016, when Brightcom Group ranked 4th in the Video Seller Trust Index.

Recognized as “Biggest Value Gainer” in the 2021 Burgundy Private Huran India list. The company’s operating revenues in fiscal 2023 increased 47.36% from $502 billion in fiscal 2022 to $739.7 billion. The company’s net income increased from $912 million in fiscal 2022 to $137.1 billion in fiscal 2023. This shows the year. Year-on-year (YOY) growth of 50.32%

The three-year average return on equity (ROE) is high at 17.43%. The return on capital employed is impressive at 23.93%. Promoters hold 18.38% stake in the company, while public holding is as high as 72.01%. Foreign institutional investors (FIIs) hold 9.50%. And domestic institutional investors (DII) will reach 0.11% in 2023.

Small Caps Under Rs 20 #4 – Jaiprakash Power Ventures

Jaiprakash Power Ventures Ltd Founded in 1994, the company primarily operates in coal mining, cement crushing and sand mining, and also handles thermal and hydroelectricity production for its revenue. The company operates a 400 MW hydropower plant in the state of Uttarakhand.

The company has also expanded its capabilities and built the 300 MW Baspa II. The 1000 MW Karcham Wangtoo power plant was built in Himachal Pradesh. As part of their future plans, they are building a 3200 MW project in Arunachal Pradesh and a 720 MW project in the state of Meghalaya.

The company’s revenue increased 25.13% in fiscal 2023 from $462.5 billion in fiscal 2022 to $578.7 billion in fiscal 2023. As of fiscal 2023, the company’s net income was $5.5 billion, and in fiscal 2022, the company reported net income. The profit was 10.7 billion won. But if you look at TTM, net income was $38.9 billion.

The main reasons for this increase in net profit are increased revenue generation due to increased electricity sales, secondly, reduced cash outflow for interest payments due to a decrease in debt ratio, and finally, the investment recovery plan of the related company. In Nigri Cement.

The three-year average return on equity is 0.93%, and the return on equity is 4.37%. The promoters’ stake in the company is 24.00% and the public stake is up to 49.73%. Domestic institutional ownership (DII) follows with 21.62%. Foreign Direct Investment (FII) holds 4.65% stake in the company.

Small Caps Under Rs 20 #5 – GVK Power & Infrastructure

GVK Power and Infrastructure Corporation This company mainly provides services such as operation, maintenance, consulting and ancillary services. These services are provided to owners operating in power plants, airports and infrastructure. The company serves local, national and even international markets.

It was the first company to set up an IPP and a six-lane road project. The current cumulative capacity is over 1562 MW. Recently, permission was obtained to build India’s first greenfield airport.

As part of its expansion, GVK Power & Infrastructure Ltd is executing projects in several states in India. Let me mention a few 330 MW hydropower projects in Uttarakhand and 540 MW thermal power projects in Punjab. The company’s income statement for operating revenues increased significantly by 147% in fiscal 2023, from $858 million in fiscal 2022 to $212 billion in fiscal 2023.

The company’s net income increased from $263.6 billion to $307.1 billion in fiscal 2023 compared to fiscal 2022, an increase of 16.05%. The main reason for the rapid increase in sales was the contribution of other income, including interest on bank deposits. Second, the company sells its assets.

The three-year average return on equity (ROE) is high at 253.84%. Return on Invested Capital (ROCE) is low at 3.48% due to high debt levels. The promoters hold a strong stake of 54.25%, followed by the public with 44.90%. Foreign institutional investors (FIIs) and domestic institutional investors account for 0.36% and 0.48%, respectively.

The promoters of the company have maintained consistency in their shareholding without increasing or decreasing the stake.

List of other small cap stocks under Rs 20

conclusion

Here we conclude this article with the list of best small cap stocks under Rs 20 and their features. In this article, we learned about 5 small-cap stocks with a price below 20. The company’s operations and fundamentals were the main focus. Since these stocks are Small Cap, the risk is quite high.

Therefore, before investing, it is necessary to conduct an in-depth analysis of the company and understand its risks and return potential. Would you risk your money by investing in high-growth small-cap stocks? Let us know in the comments below.

Written by Nishanth P

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