A strong order book is a key indicator of a company’s future revenue visibility and execution strength. In the small-cap segment, certain companies have built exceptionally large order books, in some cases reaching up to Rs. 40,000 crore. These businesses stand out for their potential to deliver sustained growth, making them worth tracking closely in the coming quarters.

Here are a few small-cap stocks with order book of up to Rs. 40,000 crores as of Q1 FY26 to keep in your radar:

Transrail Lighting Limited

With a market cap of Rs. 9,886 crores, the stock closed in the red at Rs. 736.40 on BSE, as against its previous closing price of Rs. 748.50 on Friday. The company recorded an order inflow of Rs. 1,748 crore YTD, while the unexecuted order book stood at Rs. 14,654 crore as of June

See Full Page