In the volatile world of smallcap investing, companies with little or no debt often command greater investor trust. A clean balance sheet provides financial flexibility, lowers risk, and enhances resilience in uncertain markets.
As of FY25, nearly 290 smallcap firms on the BSE—excluding financials—were either debt-free or had a debt-to-equity ratio below 0.20x. Their fiscal strength is already rewarding investors: in FY26, 24 such stocks have surged more than 50%.
9 standout names have delivered remarkable gains of 70–130%, with two doubling wealth to become multibaggers in just months. While low debt is a strong filter, investors should also weigh earnings, valuations, and growth drivers. For now, this space offers attractive, disciplined momentum opportunities.