Two Low-Debt SME Stocks Linked to India’s Maritime Push

India is trying to expand its ships, ports and cargo networks.

The article looks at two smaller companies that may benefit from this growth.

Laxmipati Engineering Works builds and repairs ships and also performs engineering work.

Paradeep Parivahan moves cargo and provides transport services around Paradip Port.

Both companies have relatively low debt and positive operating cash flow.

Laxmipati’s profit looked very large in FY26 partly because it sold an asset.

Paradeep Parivahan is expanding its equipment and electric-truck activities.

The companies still depend on new orders, efficient operations and customers paying on time.

The article says these stocks require further research and are not investment recommendations.