Two promising small-cap companies have announced strong growth projections for the coming year, each guiding for around 25 percent revenue growth in FY26. Backed by expanding order books, sector tailwinds, and strategic capacity additions, these emerging players are drawing investor attention as they position themselves for accelerated momentum in the next financial year.
Here are a few small-cap stocks with 25 percent revenue growth guidance for FY26
GNG Electronics Limited
With a market capitalization of Rs. 3,776.63 crore, the shares of GNG Electronics Limited were currently trading at Rs. 331.25 per equity share, down nearly 2.04 percent from its previous day’s close price of Rs. 338.15.
Management Guidance
GNG Electronics Limited is planning steady financial improvement in FY26. It expects its revenue to increase by 20-25 percent, supported by stronger demand and an improved business mix.
Profit margins are also expected to rise, with a 75 basis point (0.75 percent) improvement, driven by a better product mix, stronger brand performance, and higher operating scale. With these improvements, the company aims to achieve an EBITDA margin above 10 percent, reflecting stronger profitability and more efficient operations.
Company Analysis
GNG Electronics Limited was incorporated in 2006 and is India’s largest refurbisher of laptops, desktops, and ICT devices. The company operates globally under the brand “Electronics Bazaar” offering sourcing, refurbishment, sales, after-sales services, and warranty with a repair-over-replacement model.
It provides refurbished laptops, desktops, tablets, servers, and smartphones to customers in India, USA, Europe, Africa, and the UAE. The company supports large retail and OEM clients like Vijay Sales, HP India, and Lenovo with tailored buyback and IT asset disposition solutions.
GNG Electronics has an extensive sales network with over 4,100 touchpoints across 38 countries and operates five refurbishing facilities. It holds certifications, including ISO and sustainability accreditations, emphasizing sustainability and cost-effective quality technology access.
Recent quarter results
Coming into financial highlights, GNG Electronics Limited’s revenue has increased from Rs. 353 crore in Q2FY25 to Rs. 440 crore in Q2 FY26, which has grown by 24.65 percent. The net profit has also grown by 43.48 percent from Rs. 23 crore in Q2 FY25 to Rs. 33 crore in Q2 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at 19.8 percent and 35.3 percent, respectively. GNG Electronics Limited has an earnings per share (EPS) of Rs. 7.09, and its debt-to-equity ratio is 0.32x.
M & B Engineering Limited
With a market capitalization of Rs. 2,225.64 crore, the shares of M & B Engineering Limited were currently trading at Rs. 389.45 per equity share, rising nearly 0.49 percent from its previous day’s close price of Rs. 391.35.
Management Guidance
M & B Engineering Limited has guided for Rs. 1,250 crore in revenue for FY25. This represents a strong increase from the previous year’s revenue of Rs. 989 crore, which works out to a 26.39 percent growth rate.
Looking ahead, the company aims to continue this momentum, targeting revenue growth of 20-25 percent for both FY26 and FY27. This shows that M & B Engineering is confident about maintaining steady expansion over the next two years, supported by a healthy order book and a positive business outlook.
Order Book
As of September 30, 2025, M & B Engineering Limited reported a consolidated order book of Rs. 930.56 crore, reflecting strong demand across its product segments. The biggest share of the order book comes from Phenix-Domestic at Rs. 581.13 crore, reflecting strong demand in India. Proflex adds Rs. 227.05 crore, while Phenix-Exports contributes Rs. 122.39 crore, showing the company’s expanding global reach.
Company Overview
M & B Engineering Limited was incorporated in 1981 and is a leading design-focused engineering solutions provider in India. The company specializes in turnkey pre-engineered buildings (PEBs) and self-supported steel roofing solutions, serving diverse sectors including manufacturing, warehousing, logistics, power, textiles, and railways.
It operates through two main divisions such as Phenix Construction Technologies, offering comprehensive PEB design, engineering, manufacturing, and erection services; and Proflex Roofing Solutions, which provides self-supported steel roofing systems through mobile manufacturing units. M & B Engineering has executed over 8,700 projects and operates state-of-the-art manufacturing facilities in Sanand, Gujarat, and Cheyyar, Tamil Nadu.
Recent quarter results
Coming into financial highlights, M & B Engineering Limited’s revenue has increased from Rs. 207 crore in Q2FY25 to Rs. 307 crore in Q2 FY26, which has grown by 48.31 percent. The net profit has decreased by 8.33 percent from Rs. 24 crore in Q2 FY25 to Rs. 22 crore in Q2 FY26.
In terms of return ratios, the company’s ROCE and ROE stand at 26.1 percent and 28.5 percent, respectively. M & B Engineering Limited has an earnings per share (EPS) of Rs. 15.4, and its debt-to-equity ratio is 0.19x.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post 2 Small-cap stocks with revenue growth guidance of up to 25% for FY26 to keep on your radar appeared first on Trade Brains.