Small-cap shares which have diminished debt prior to now three years present monetary self-discipline and bettering steadiness sheets. This text highlights two such corporations, explaining how decreasing debt can strengthen their place and probably supply higher development and stability for buyers.
Listed below are a number of small-cap shares which have diminished debt over the previous three years
Zaggle Pay as you go Ocean Companies Restricted
With a market capitalization of Rs. 5,645.94 crore, the shares of Zaggle Pay as you go Ocean Companies Restricted have been at present buying and selling at Rs. 420.60 per fairness share, rising almost 0.08 p.c from its earlier day’s shut worth of Rs. 420.25.
The inventory is down by 29.55 p.c from the 52-week excessive of Rs. 597. Over the past one 12 months, the inventory has given a constructive return of 43.64 p.c. Over the previous three years, the corporate has sharply lower its borrowings from Rs. 141 crore in FY23 to Rs. 87 crore in FY24 and simply Rs. 20 crore in FY25. This aggressive debt discount has pushed its debt-to-equity ratio right down to a mere 0.02x, highlighting a a lot stronger, extra resilient steadiness sheet.
Zaggle Pay as you go Ocean Companies Restricted was based in 2011 and is a monetary expertise firm offering automated enterprise spend administration options, together with SaaS platforms for expense administration, worker advantages, rewards, payroll playing cards, and buyer engagement, serving corporates, SMEs, and startups throughout India.
Coming into monetary highlights, Zaggle Pay as you go Ocean Companies Restricted’s income has elevated from Rs. 273 crore in This fall FY24 to Rs. 412 crore in This fall FY25, which has grown by 50.55 p.c. The online revenue has additionally grown by 64 p.c, from Rs. 19 crore in This fall FY24 to Rs. 32 crore in This fall FY25. Zaggle Pay as you go Ocean Companies Restricted’s income and internet revenue have grown at a CAGR of 80.5 p.c and 85.14 p.c, respectively, over the past 5 years.
J G Chemical substances Restricted
With a market capitalization of Rs. 1,875.05 crore, the shares of J.G.Chemical substances Restricted have been at present buying and selling at Rs. 476.40 per fairness share, rising almost 3.58 p.c from its earlier day’s shut worth of Rs. 459.95.
The inventory is down by 2.05 p.c from the 52-week excessive of Rs. 486.50. Over the past one 12 months, the inventory has given a constructive return of 88.31 p.c. Over the previous 4 years, the corporate has sharply lower its borrowings from Rs. 94 crore in FY22 to Rs. 70 crore in FY24, Rs. 14 crore in FY24, and has completely eradicated debt by FY25. This aggressive debt discount has pushed its debt-free firm, highlighting a a lot stronger, extra resilient steadiness sheet.
J.G. Chemical substances Restricted was established in 1975 and is India’s largest zinc oxide producer and among the many world’s high ten, producing over 80 grades for industries like rubber, ceramics, paints, prescribed drugs, electronics, agro-chemicals, and animal feed.
Coming into monetary highlights, J G Chemical substances Restricted’s income has elevated from Rs. 181 crore in This fall FY24 to Rs. 224 crore in This fall FY25, which has grown by 23.76 p.c. The online revenue has additionally grown by 14.29 p.c, from Rs. 14 crore in This fall FY24 to Rs. 16 crore in This fall FY25. J G Chemical substances Restricted’s income and internet revenue have grown at a CAGR of 16.33 p.c and 36.77 p.c, respectively, over the past 5 years.
Written By – Nikhil Naik
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