TWO SMALLCAP STOCKS WITH ORDER BOOKS MORE THAN THEIR FY25 REVENUE

One of the key indicator of future performance in a company is it's order book strength. This makes it a high-growth opportunity for investors in the small-cap space. Below are two small-cap stocks with order books that exceed their projected FY25 revenue. This shows a strong demand visibility and potential business momentum.

- based in Kolkata, the company manufactures railway freight wagons, passenger coaches, wagon components, alloy steel castings, and containers for Indian Railways, defence, logistics, and exports, serving clients in India and internationally. The company's revenue has increased from Rs 3,644 crore in FY24 to Rs 3,963 crore in FY25, which has grown by 8.75%. As of March 31, 2025, the company’s total order book stands at Rs 6,303 crore, which is 1.59 times larger than its revenue of FY25. - the company is engaged in engineering, procurement, and construction of roads, highways, bridges, railways, metros, and related infrastructure projects across India, serving government and private sector clients in multiple states. The company's revenue has decreased from Rs 5,378 crore in FY24 to Rs 5,056 crore in FY25, a drop of 5.99%. As of March 31, 2025, the company’s total order book stands at Rs 15,281 crore, which is 3.02 times larger than its revenue of FY25. Such companies may be under the radar now, but their robust pipelines suggest a promising outlook ahead.