Market News
Camlin Fine Sciences to Axiscades Tech: Check out five small-cap stocks delivering return up to 159% this year
3 min read | Updated on June 06, 2025, 18:45 IST
SUMMARY
Despite underperformance in the NIFTY Smallcap 100 this year, a select cohort of stocks with a market cap under ₹5,000 crore, like NACL Industries and Camlin Fine Sciences, delivered over 100% YTD returns to investors. See the full list of top-performing small-cap stocks.
Stock list
Top-performing smallcap stocks with market cap under ₹5000 crore.
2025 has been a year where capital scarcity met conviction clarity. With global interest rates plateauing and liquidity migrating to large caps, India's small-cap universe has come under pressure. The NIFTY Smallcap 100, often a barometer of retail enthusiasm and mid-market optimism, is down over 1%. Meanwhile, the NIFTY 50 has delivered modest stability at +5.7% year-to-date return.
Despite the underperformance of the small-cap index, compared to the broader markets, certain stocks have delivered multifold return to investors. Here is the complete list of stocks.
To shortlist stock, we have taken companies with a market capitalisation below ₹5000 crore that have delivered a return of at least 50% and above.
Smallcap stocks that outshined in 2025
| Company | Market Cap* (₹ cr) | YTD Return* (%) | P/E Ratio |
|---|---|---|---|
| NACL Industries | 3,460 | 159% | N/A |
| Camlin Fine Sciences | 4,926 | 104.6% | 110 |
| Mangalore Chemicals | 3,260 | 78.5% | 22.7 |
| Axiscades Technologies | 4,751 | 76.6% | 61.6 |
| ASM Technologies | 2,608 | 63% | 103 |
*YTD return and market cap as of June 6
Axiscades Technologies
Axiscades Technologies reported robust growth in its core business for FY25, with revenue growing 8% YoY to ₹1,031 crores. PAT stood at ₹75.3 crores with a PAT margin of 7.2 % for the year, as against ₹33.4 crores in FY24. The company is recalibrating its portfolio with a strategic push toward product-led growth and infrastructure expansion through initiatives like the Devanahalli Atmanirbhar Complex.
Camlin Fine Sciences
Camlin Fine Sciences demonstrated a significant recovery in FY25, with revenue growing 16% year-on-year in the March quarter, on account of healthy growth in Blends and strong performance in both Indian and Mexican operations. The company also strengthened its balance sheet, reducing the debt-to-equity ratio from 0.65x to 0.55x.
ASM Technologies
ASM Technologies experienced a robust growth in consolidated revenue in FY25 to ₹288 crore from ₹202 crore a year ago. Profit after tax also improved to ₹25 crore as against a ₹7 crore loss last year, on the back of cost optimisations and operational efficiencies. ASM is positioning itself for future growth through continued focus on engineering services, digital solutions, and emerging opportunities in EVs and aerospace.
NACL Industries
Agriculture is riding a wave of formulation expansion, raw material backwards integration, and government-aligned subsidy flows. Despite muted financial performance, NACL Industries has positioned itself as a full-stack agri-chemical partner and is capturing value across the chain, reaping benefits from the tailwinds.
Mangalore Chemicals
Mangalore Chemicals & Fertilisers Ltd FY25 revenues stood at ₹3,332 crore. Profit after tax stood at ₹144 crore as against ₹155 crore last year. The company reported record production of Urea at 4,43,322 MT for the year, as well as for Phosphatic at 3,25,134 MT for the year.
About The Author
