Nine BSE smallcap companies delivered standout performances in the March 2026 quarter, with net profits surging over 50% year-on-year and share prices rising 50% to 170% in the past year. Four of these stocks became multibaggers, more than doubling investor returns. Data from ACE Equity highlights the momentum amid mixed results from 168 reporting firms.
The March 2026 earnings season for BSE smallcap companies featured strong growth from a select group. Of nearly 168 firms reporting, about 45 boosted profits by more than 50% compared to the previous year. Nine stocks particularly excelled, pairing sharp profit increases with share price gains of 50% to 170% over the past year, according to ACE Equity data. Four multibaggers more than doubled in value during this period. Bajaj Consumer Care led with a 171% stock rise from Rs 166 to Rs 451, alongside a 108% year-on-year net profit jump to Rs 64 crore. Jayaswal Neco Industries followed closely, up 170% from Rs 41 to Rs 111, with profits rising 88% to Rs 191 crore. Infobeans Technologies gained 138% from Rs 76 to Rs 180, its profit up 104% to Rs 21 crore. Acutaas Chemicals advanced 130% from Rs 1,131 to Rs 2,597, with a 114% profit increase to Rs 134 crore. Other notable performers included Chennai Petroleum Corporation, up 85% with profits surging 211% to Rs 1,400 crore; Cemindia Projects, gaining 68% and 114% profit growth to Rs 242 crore; and RBL Bank, climbing 68% with an 181% profit rise to Rs 244 crore. Usha Martin rose 56% with 56% higher profits at Rs 151 crore, while Navin Fluorine International gained 51% and profits increased 124% to Rs 213 crore. The results signal robust underlying momentum in a mixed smallcap landscape, with additional firms like Kajaria Ceramics, SG Finserve, Aster DM Healthcare, Angel One, and Sangam (India) also posting gains and profit growth ranging from 33% to 48% in stock price and 70% to 245% in quarterly net profit.