Written by Ritesh Presswala , ETMarkets.com| Nov 05, 2026, 04:13:30 PM IST 1/12 Earnings Edge A consistently healthy net profit margin indicates a company's ability to manage costs and generate profits relative to its revenue.
We screened the smallcap universe to identify companies that reported a net profit margin of over 10% in both Q1 and Q2FY27, excluding banking and financial services stocks.
The screen threw up around 215 companies that met this criterion.
Of these, 65 stocks have gained between 50% and 350% in FY27 so far.
We have highlighted 11 stocks that have delivered price gains of over 150% in FY27 so far while maintaining a net profit margin of more than 10% in both quarters. (Data Source: ACE Equity) Agencies 2/12 Sterlite Technologies The stock has surged 352% in FY27 so far, climbing from Rs 176 to Rs 797.
Its profit margin improved to 20.44% in the September 2026 quarter from 10.31% in the June 2026 quarter.
ETMarkets.com 3/12 HFCL The stock has rallied 236% in FY27 so far, rising from Rs 68 to Rs 228.
Its profit margin rose to 15.52% in the September 2026 quarter from 12.83% in the June 2026 quarter.
Agencies 4/12 Raghav Productivity Enhancers The stock has gained 219% in FY27 so far, advancing from Rs 567 to Rs 1,805.
Its profit margin improved to 23.31% in the September 2026 quarter from 22.52% in the June 2026 quarter.
ETMarkets.com 5/12 Menon Bearings The stock has climbed 211% in FY27 so far, moving up from Rs 103 to Rs 319.
Its profit margin at 14.99% in the September 2026 quarter from 15.37% in the June 2026 quarter.
Agencies 6/12 Bliss GVS Pharma The stock has surged 190% in FY27 so far, rising from Rs 216 to Rs 626.
Its profit margin moderated to 17.02% in the September 2026 quarter from 17.99% in the June 2026 quarter. iStock 7/12 Ind-Swift Laboratories The stock has rallied 182% in FY27 so far, advancing from Rs 132 to Rs 372.
Its profit margin improved to 14.20% in the September 2026 quarter from 12.83% in the June 2026 quarter.
Agencies 8/12 Bhageria Industries The stock has gained 176% in FY27 so far, climbing from Rs 128 to Rs 354.
Its profit margin increased to 12.23% in the September 2026 quarter from 11.84% in the June 2026 quarter.
ANI 9/12 Shivalik Bimetal Controls The stock has advanced 176% in FY27 so far, rising from Rs 389 to Rs 1,073.
Its profit margin inched up to 16.99% in the September 2026 quarter from 16.87% in the June 2026 quarter.
Agencies 10/12 Timex Group India The stock has surged 174% in FY27 so far, moving up from Rs 245 to Rs 672.
Its profit margin improved to 13.16% in the September 2026 quarter from 11.43% in the June 2026 quarter.
ANI 11/12 Subex The stock has rallied 158% in FY27 so far, rising from Rs 7 to Rs 17.
Its profit margin was 16.70% in the September 2026 quarter compared to 17.90% in the June 2026 quarter.
Agencies 12/12 Unimech Aerospace and Manufacturing The stock has gained 151% in FY27 so far, climbing from Rs 707 to Rs 1,771.
Its profit margin edged up to 26.45% in the September 2026 quarter from 26.02% in the June 2026 quarter.