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Top 10 Small Cap Stocks Trading Below Book Value in India — Top 100 List

Of the 2,084 small cap companies in India on PositoAI, 458 trade below book value. First on the list is Seya Industries Limited (0.04). The median among them is 0.63. 7 of the top 10 have an active red or yellow flag.

Positivity ScoreHigh dividendDebt freeLow debtLow PEBelow book valueHigh ROEHigh ROE + low PENo red flagsNo red or yellow flagsFundamentally strongNear 52-week lowNear 52-week highHigh score near 52-week lowHigh score near 52-week high
#Company Score Market Cap
(INR Cr)		 P/E P/B Owes vs
Owns		 ROE Div
Yield		 FlagSector
1 Seya Industries LimitedSEYAIND 20,127 ₹31 Loss 0.04 0.49× -0.4% 0 ⚑ Basic Materials
2 Osia Hyper Retail LimitedOSIAHYPER 23,609 ₹25 1.1 0.06 0.51× 5.6% 0 ⚑ Consumer Cyclical
3 Filatex Fashions LimitedFILATFASH 23,421 ₹141 — 0.06 0.09× 0.0% 0 — Consumer Cyclical
4 Bharatiya Global Infomedia LimitedBGLOBAL 20,834 ₹5 1.5 0.07 0.22× 4.4% 0 ⚑ Technology
5 Dharan Infra-EPC LimitedDHARAN 19,762 ₹67 Loss 0.07 0.22× -3.8% 0 ⚑ Real Estate
6 Rajesh Exports LimitedRAJESHEXPO 25,178 ₹1,534 9.1 0.09 0.57× 1.0% 0 ⚑ Consumer Cyclical
7 Reliance Infrastructure LimitedRELINFRA 22,469 ₹2,060 0.7 0.12 0.59× 17.6% 0 ⚑ Utilities
8 Gensol Engineering LimitedGENSOL 19,524 ₹42 0.8 0.13 0.87× 8.7% 0 ⚑ Technology
9 Veritas (India) LimitedVERITAS 23,271 ₹388 Loss 0.14 0.39× -0.0% 0.04% — Industrials
10 Phoenix International LimitedPHOENXINTL 25,090 ₹52 19.5 0.15 0.19× 0.6% 0 — Consumer Cyclical

Top 20

11 Atlas Cycles (Haryana) LimitedATLASCYCLE 22,039 ₹56 Loss 0.15 0.21× -2.0% 0 — Consumer Cyclical
12 Paul Merchants LimitedPML 25,427 ₹137 6.7 0.15 0.04× 2.3% 0 — Financial Services
13 Nirman Agri Genetics LimitedNIRMAN 25,572 ₹20 1.4 0.16 0.01× — — ⚑ —
14 Magnum Ventures LimitedMAGNUM 22,326 ₹113 Loss 0.17 0.46× -0.2% 0 ⚑ Basic Materials
15 Summit Securities LimitedSUMMITSEC 26,267 ₹1,427 11.9 0.17 0.13× 1.4% 0 — Financial Services
16 Brightcom Group LimitedBCG 23,653 ₹1,766 1.7 0.17 0.12× 9.6% 0 ⚑ Communication Services
17 Thinkink Picturez LimitedTHINKINK 22,573 ₹25 9.0 0.17 0.06× 0.5% 0 — Communication Services
18 Precision Metaliks LimitedPRECISION 25,460 ₹14 19.9 0.17 0.59× — — — —
19 Teerth Gopicon LimitedTGL 24,482 ₹13 1.7 0.17 0.56× — — ⚑ —
20 BF Investment LimitedBFINVEST 25,515 ₹1,479 3.8 0.17 0.09× 4.6% 2.34% — Financial Services

Top 50

21 Kalyani Investment Company LimitedKICL 25,354 ₹2,007 49.4 0.18 0.08× 0.4% 0.21% — Financial Services
22 SIL Investments LimitedSILINV 25,509 ₹460 9.2 0.18 0.08× 1.9% 0.53% — Financial Services
23 Supreme Holdings & Hospitality (India) LimitedSUPREME 26,585 ₹106 144.5 0.19 0.04× 0.2% 0 — Real Estate
24 Dhunseri Investments LimitedDHUNINV 25,798 ₹517 5.6 0.19 0.31× 3.3% 0.33% — Financial Services
25 Jonjua Overseas LimitedJONJUA 24,351 ₹9 1.2 0.19 0.39× 15.6% 0 — Industrials
26 Hinduja Global Solutions LimitedHGS 23,216 ₹1,603 Loss 0.19 0.27× -1.6% 1.41% — Industrials
27 Gradiente Infotainment LimitedGRADIENTE 24,566 ₹71 — 0.19 — 0.9% 0 — Communication Services
28 N.B.I. Industrial Finance Company LimitedNBIFIN 25,540 ₹524 37.8 0.20 0.03× 0.5% 0.04% — Financial Services
29 Zuari Industries LimitedZUARIIND 24,137 ₹722 6.7 0.20 0.50× 3.0% 0.37% — Industrials
30 Neil Industries LimitedNEIL 22,388 ₹12 7.7 0.20 0.09× 2.6% 0 — Financial Services
31 Aro Granite Industries LimitedAROGRANITE 21,790 ₹34 Loss 0.20 0.56× -11.1% 0 — Industrials
32 Supha Pharmachem LimitedSUPHA 14,906 ₹22 1.9 0.21 0.94× 16.2% 0 — Healthcare
33 Kamanwala Housing Construction LimitedKAMANWALA 21,080 ₹23 Loss 0.21 0.15× -2.4% 0 — Real Estate
34 Coffee Day Enterprises LimitedCOFFEEDAY 22,636 ₹617 3.5 0.22 0.30× 6.3% 0 — Consumer Cyclical
35 Orient Paper & Industries LimitedORIENTPPR 22,374 ₹326 Loss 0.22 0.33× -4.8% 0 — Basic Materials
36 Mahalaxmi Fabric Mills LimitedMFML 22,406 ₹21 Loss 0.22 0.51× -2.6% 0 — Consumer Cyclical
37 Nahar Capital and Financial Services LimitedNAHARCAP 25,124 ₹368 3.1 0.23 0.10× 7.4% 0.65% — Financial Services
38 Madhav Marbles and Granites LimitedMADHAV 21,965 ₹29 Loss 0.24 0.14× -0.2% 0 — Industrials
39 Mishtann Foods LimitedMISHTANN 25,044 ₹310 1.8 0.24 0.43× 13.4% 0 — Consumer Defensive
40 Mukesh Babu Financial Services LimitedMUKESHB 24,196 ₹82 21.8 0.24 0.27× 1.1% 0 — Financial Services
41 HB Portfolio LimitedHBPOR 23,774 ₹63 17.1 0.25 0.04× 1.4% 2.05% — Financial Services
42 Falcon Technoprojects India LimitedFALCONTECH 22,267 ₹6 2.2 0.26 0.65× — — — —
43 Nidan Laboratories and Healthcare LimitedNIDAN 25,419 ₹17 30.6 0.26 0.18× — — — —
44 Sameera Agro And Infra LimitedSAIFL 25,948 ₹24 10.2 0.26 0.17× — — — —
45 Pilani Investment and Industries Corporation LimitedPILANIINVS 22,463 ₹4,302 Loss 0.27 0.19× -0.1% 0.23% — Financial Services
46 Rajapalayam Mills LimitedRAJPALAYAM 23,515 ₹664 5.3 0.27 0.35× 5.1% 0.07% — Consumer Cyclical
47 Tirupati Innovar LimitedTIRUPATIIN 23,654 ₹15 23.5 0.28 0.73× 1.2% 0 — Consumer Cyclical
48 Dhunseri Ventures LimitedDVL 24,765 ₹930 5.0 0.28 0.33× 5.7% 1.79% — Financial Services
49 Dhunseri Tea & Industries LimitedDTIL 22,412 ₹151 Loss 0.29 0.45× -2.3% 1.31% — Consumer Defensive
50 KJMC Financial Services LimitedKJMCFIN 25,142 ₹28 12.0 0.29 0.21× 2.3% 1.75% — Financial Services

Top 100

51 IFL Enterprises LimitedIFL 21,819 ₹36 Loss 0.29 0.43× -3.6% 0 — Consumer Cyclical
52 Anik Industries LimitedANIKINDS 22,659 ₹113 Loss 0.29 0.15× -0.2% 0 — Consumer Defensive
53 Inventure Growth & Securities LimitedINVENTURE 24,201 ₹80 25.7 0.29 0.27× 1.1% 0 — Financial Services
54 Ashoka Metcast LimitedASHOKAMET 23,853 ₹35 2.1 0.30 0.36× 10.1% 0 — Basic Materials
55 Jain Irrigation Systems LimitedJISLJALEQS 21,971 ₹1,749 Loss 0.30 0.51× -0.9% 0 — Industrials
56 VLS Finance LimitedVLSFINANCE 25,122 ₹632 12.9 0.30 0.04× 2.5% 0.68% — Financial Services
57 Vardhman Holdings LimitedVHL 24,666 ₹1,139 4.5 0.30 0.00× 6.7% 0.14% — Financial Services
58 Kothari Products LimitedKOTHARIPRO 25,609 ₹354 17.4 0.31 0.13× 1.7% 0 — Industrials
59 Vipul LimitedVIPULLTD 21,919 ₹126 Loss 0.31 0.65× -2.3% 0 — Real Estate
60 Asian Tea & Exports LimitedASIANTNE 23,951 ₹21 67.6 0.31 0.24× 0.5% 0 — Consumer Defensive
61 Rana Sugars LimitedRANASUG 22,489 ₹186 32.8 0.31 0.54× 1.0% 0 — Consumer Defensive
62 Odyssey Corporation LimitedODYCORP 24,052 ₹55 3.7 0.31 0.08× — 0.75% — Financial Services
63 Vedavaag Systems LimitedVEDAVAAG 22,716 ₹48 11.6 0.32 0.24× — 0 ⚑ Technology
64 Avance Technologies LimitedAVANCE 22,037 ₹126 9.1 0.32 0.39× 3.7% 0 — Technology
65 GIC Housing Finance LimitedGICHSGFIN 19,759 ₹682 4.3 0.32 0.81× 7.5% 3.48% — Financial Services
66 Himatsingka Seide LimitedHIMATSEIDE 23,951 ₹697 12.7 0.33 0.64× 2.6% 0.42% — Consumer Cyclical
67 Orchasp LimitedORCHASP 24,999 ₹39 38.3 0.33 0.48× 0.9% 0 — Technology
68 Mohit Industries LimitedMOHITIND 22,308 ₹30 Loss 0.33 0.38× -0.7% 0 — Consumer Cyclical
69 Cupid Breweries and Distilleries LimitedCUPIDALBV 24,791 ₹226 Loss 0.33 0.06× -0.9% 0 — Consumer Defensive
70 Dishman Carbogen Amcis LimitedDCAL 25,300 ₹2,195 137.3 0.33 0.44× 0.2% 0 — Healthcare
71 Uma Exports LimitedUMAEXPORTS 25,134 ₹64 959.5 0.33 0.49× 0.0% 0 — Consumer Defensive
72 Star Paper Mills LimitedSTARPAPER 22,785 ₹233 7.6 0.33 0.15× 4.3% 1.70% ⚑ Basic Materials
73 Raj Television Network LimitedRAJTV 25,582 ₹41 Loss 0.33 0.27× -0.5% 0 — Communication Services
74 Ahlada Engineers LimitedAHLADA 24,591 ₹46 254.4 0.34 0.39× 0.1% 0 — Industrials
75 Raymond Lifestyle LimitedRAYMONDLSL 25,488 ₹3,233 72.7 0.34 0.31× 0.5% 0.18% ⚑ Consumer Cyclical
76 Srestha Finvest LimitedSRESTHA 19,819 ₹55 Loss 0.34 0.23× -21.2% 0 — Financial Services
77 Naperol Investments LimitedNAPEROL 25,894 ₹311 28.8 0.34 0.00× 1.2% 3.36% — Basic Materials
78 Veranda Learning Solutions LimitedVERANDA 26,153 ₹328 2.2 0.34 0.48× 15.2% 0 — Consumer Defensive
79 Shanthala FMCG Products LimitedSHANTHALA 26,758 ₹8 35.3 0.34 0.09× — — — —
80 Tridhya Tech LimitedTRIDHYA 24,830 ₹15 104.0 0.34 0.65× — — — —
81 PBM Polytex LimitedPBMPOLY 24,983 ₹39 21.3 0.35 0.13× 1.6% 0 — Consumer Cyclical
82 Ambica Agarbathies Aroma & Industries LimitedAMBICAAGAR 22,962 ₹39 11.5 0.35 0.54× 4.6% 0 — Consumer Defensive
83 Bannari Amman Spinning Mills LtdBASML 23,729 ₹164 6.9 0.35 0.52× 5.0% 1.19% — Consumer Cyclical
84 Laxmi Cotspin LimitedLAXMICOT 22,903 ₹21 Loss 0.35 0.45× -5.0% 0 — Consumer Cyclical
85 Twamev Construction and Infrastructure LimitedTICL 26,509 ₹109 15.4 0.35 0.59× 2.2% 0 — Industrials
86 GKW LimitedGKWLIMITED 22,634 ₹928 Loss 0.35 0.19× -0.2% 0 — Industrials
87 Emkay Taps and Cutting Tools LimitedEMKAYTOOLS 25,615 ₹105 12.4 0.35 0.01× — — — —
88 Superhouse LimitedSUPERHOUSE 23,620 ₹166 20.3 0.36 0.43× 1.7% 0.52% — Consumer Cyclical
89 Teamo Productions HQ LimitedTPHQ 24,244 ₹49 7.5 0.36 0.11× 4.6% 0 — Industrials
90 Alfred Herbert (India) LimitedALFREDHE 25,015 ₹208 5.7 0.36 0.02× 6.4% 0.75% — Industrials
91 Nath Bio-Genes (India) LimitedNATHBIOGEN 24,236 ₹247 7.1 0.36 0.38× 6.1% 1.45% — Basic Materials
92 Kaushalya Infrastructure Development Corporation LimitedKAUSHALYA 22,986 ₹28 Loss 0.37 0.03× -0.7% 0 — Industrials
93 Hathway Cable and Datacom LimitedHATHWAY 25,472 ₹1,637 22.0 0.37 0.14× 1.8% 0 — Communication Services
94 Globesecure Technologies LimitedGSTL 23,114 ₹16 Loss 0.37 0.37× — — — —
95 Uniinfo Telecom Services LimitedUNIINFO 22,583 ₹11 Loss 0.37 0.24× -3.4% 0 — Communication Services
96 MetroGlobal LimitedMETROGLOBL 25,016 ₹153 6.3 0.38 0.04× 6.0% 1.99% — Industrials
97 JSW Holdings LimitedJSWHL 25,880 ₹12,590 91.9 0.38 0.11× 0.4% 0 — Financial Services
98 Kairosoft AI Solutions LimitedVOLKAI 22,738 ₹15 10.8 0.38 0.02× 3.5% 0 — Financial Services
99 Maxgrow India LimitedMAXGROW 24,716 ₹796 1.5 0.38 0.30× 42.8% 0 — Industrials
100 PVV Infra LimitedPVVINFRA 24,739 ₹30 3.2 0.39 0.35× 12.2% 0 — Basic Materials

Below book value in other groups · India

All of IndiaSmall CapNano CapMicro CapMini CapMeso Cap

Below book value in other countries

United States

Questions

Which small cap companies in India have a share price below book value?

The first five on PositoAI's list are Seya Industries Limited (0.04), Osia Hyper Retail Limited (0.06), Filatex Fashions Limited (0.06), Bharatiya Global Infomedia Limited (0.07), Dharan Infra-EPC Limited (0.07).

How many small cap companies in India trade below book value?

458 of the 2,084 small cap companies in India on PositoAI trade below book value; this page shows the top 100.

How is this list made?

Companies whose share price is below their book value per share (P/B under 1), lowest P/B first. The list is updated every day from PositoAI's data.

What counts as a small cap stock in India?

In India, large cap means the 100 largest companies by market value, mid cap the next 150 (101st to 250th) and small cap the rest — the same rank-based rule SEBI uses, applied to the companies on PositoAI.

Companies whose share price is below their book value per share (P/B under 1), lowest P/B first. Score is the Positivity Score; Owes vs Owns is everything a company owes compared with everything it owns (what each figure means); ⚑ marks an active red or yellow flag. All top lists for India. PositoAI is for research and education only and is not investment advice.

Disclaimer — PositoAI is a research and screening tool for educational and informational purposes. It is not investment advice or a recommendation to buy or sell any security or mutual fund. Scores and rankings are calculated by PositoAI's own method using publicly available data, which may be incomplete, delayed or inaccurate, and past performance does not indicate future results. AI summaries of company news may contain errors. PositoAI is not registered with the SEC, SEBI or any other regulatory authority. Please do your own research or consult a licensed financial advisor before investing.