4 Largecap Stocks With PE Below 30 and Profit Growth of 15-30 Per Cent to Watch for Future Multibagger Potential: Bajaj Finance, LIC, Cholamandalam and Lodha Developers
- October 23, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Bajaj Finance Rs 942.10. LIC Rs 387.50. Cholamandalam Rs 1,530.90. Lodha Developers Rs 1,006.40. Market caps from Rs 1.06 lakh crore to Rs 6.03 lakh crore. Data as of 21 Oct 2026.
Quick Answer
Bajaj Finance, LIC, Cholamandalam and Lodha Developers are the 4 picks in this stocks with PE below 30 and profit growth of 15-30 per cent watchlist, with market caps between Rs 1.06 lakh crore and Rs 6.03 lakh crore. Bajaj Finance stands out for the largest market cap at Rs 6,02,984 crore, while LIC offers the highest return on equity at 32.53%. PE ratios run from 8.30 to 29.21, so compare each one with its industry PE before investing. All figures are as of 21 October 2026.
Stocks with PE below 30 and profit growth of 15-30 per cent to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Bajaj Finance, LIC, Cholamandalam and Lodha Developers meet that test, with market caps from Rs 1.06 lakh crore to Rs 6.03 lakh crore and Bajaj Finance offering the largest market cap at Rs 6,02,984 crore. Each of these companies has a PE ratio below 30 and FY26 profit growth between 15 and 30 per cent, and net profit rose in FY26 and in the latest quarter.
This list covers companies with a PE ratio below 30 and FY26 profit growth between 15 and 30 per cent, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening stocks with PE below 30 and profit growth of 15-30 per cent usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 21 October 2026 and are drawn from NSE and BSE data and company filings.
Click Here – Get Free Investment Predictions
What Are Stocks With PE Below 30 and Profit Growth of 15-30 Per Cent and Why Do They Attract Multibagger Interest?
Stocks with PE below 30 and profit growth of 15-30 per cent are shares of large companies that grow profit at a healthy pace without a stretched multiple. The four here cover consumer finance, insurance, vehicle finance and real estate.
Healthy growth at a reasonable multiple is the core of growth-at-a-fair-price investing. For stocks with PE below 30 and profit growth of 15-30 per cent, latest quarter profit also rose. Whichever way you read stocks with PE below 30 and profit growth of 15-30 per cent, the common thread is rising profit backed by complete financial data. Anyone comparing stocks with PE below 30 and profit growth of 15-30 per cent should read the figures here as a starting point. Investors researching stocks with PE below 30 and profit growth of 15-30 per cent get a fuller picture by reading growth and valuation together. The table below lines up stocks with PE below 30 and profit growth of 15-30 per cent on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use stocks with PE below 30 and profit growth of 15-30 per cent as a starting point for your own research.
Stocks With PE Below 30 and Profit Growth of 15-30 Per Cent at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 21 October 2026. LIC combines the lowest PE of the group, 8.30, with the highest return on equity, 32.53%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Bajaj Finance | 942.10 | 6,02,984 | 29.21 | 17.68 | 16.68% | 5.29 | 787.90 to 1,176.40 |
| Life Insurance Corporation of India | 387.50 | 4,98,410 | 8.30 | 10.47 | 32.53% | 2.81 | 360.75 to 468.48 |
| Cholamandalam Investment and Finance | 1,530.90 | 1,35,393 | 23.54 | 17.68 | 17.18% | 4.42 | 1,299.40 to 1,952.50 |
| Lodha Developers | 1,006.40 | 1,06,038 | 25.68 | 31.94 | 14.72% | 4.64 | 650.80 to 1,344.95 |
Bajaj Finance: 28.78% Profit CAGR Since FY22
Bajaj Finance is a large NBFC offering consumer, SME, commercial and mortgage loans along with deposits and payment services. It reported FY26 total income of Rs 81,989.50 crore, up 19.09% year on year, and net profit of Rs 19,332.36 crore, up 15.21%. Net profit has compounded at 28.78% a year since FY22, while total income has grown 26.88% a year.
In the June 2026 quarter, total income rose 18.63% to Rs 23,166.42 crore and net profit grew 27.60% to Rs 6,080.60 crore. Domestic institutions raised their holding from 14.47% in September 2025 to 17.05% in September 2026. The stock trades at a PE of 29.21 against an industry PE of 17.68, with a return on equity of 16.68%.
LIC: 93.19% Profit CAGR Since FY22
LIC is India’s largest life insurer and one of the biggest institutional investors in the stock market, with a vast agent network across the country. It reported FY26 revenue of Rs 9,90,211.25 crore, up 10.23% year on year, and net profit of Rs 57,453.15 crore, up 18.90%. Net profit has compounded at 93.19% a year since FY22, while revenue has grown 7.96% a year. Operating margin was 5.51% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.
The stock trades at a PE of 8.30 against an industry PE of 10.47, below the sector average, with a return on equity of 32.53%. In the June 2026 quarter, revenue rose 6.97% to Rs 2,41,166.45 crore and net profit grew 23.98% to Rs 13,584.25 crore. Domestic institutions raised their holding from 1.36% in September 2025 to 6.17% in September 2026.
Cholamandalam: 24.75% Profit CAGR Since FY22
Cholamandalam Investment and Finance, part of the Murugappa Group, offers vehicle finance, home loans and loans against property. It reported FY26 total income of Rs 31,538.73 crore, up 20.60% year on year, and net profit of Rs 5,228.88 crore, up 22.74%. Net profit has compounded at 24.75% a year since FY22, while total income has grown 32.50% a year.
In the June 2026 quarter, total income rose 21.81% to Rs 8,956.68 crore and net profit grew 45.56% to Rs 1,656.22 crore. The share price has gained 165.09% over five years. Domestic institutions raised their holding from 16.06% in June 2025 to 20.62% in June 2026. The stock trades at a PE of 23.54 against an industry PE of 17.68, with a return on equity of 17.18%.
Lodha Developers: 29.80% Profit CAGR Since FY22
Lodha Developers (formerly Macrotech Developers) is a leading residential developer in the Mumbai Metropolitan Region, with projects in Pune and Bengaluru. It reported FY26 revenue of Rs 17,119.50 crore, up 20.82% year on year, and net profit of Rs 3,430.70 crore, up 24.00%. Net profit has compounded at 29.80% a year since FY22, while revenue has grown 15.79% a year. Operating margin was 32.23% in FY26. The debt-to-equity ratio is 0.42.
The stock trades at a PE of 25.68 against an industry PE of 31.94, below the sector average, with a return on equity of 14.72%. In the June 2026 quarter, revenue rose 40.61% to Rs 5,096.70 crore and net profit grew 103.39% to Rs 1,373.10 crore. The share price has gained 78.95% over five years. Domestic institutions raised their holding from 2.20% in June 2025 to 3.57% in June 2026.
Stocks With PE Below 30 and Profit Growth of 15-30 Per Cent: Financial Comparison on Growth and Margins
The table compares scale and growth across these stocks with PE below 30 and profit growth of 15-30 per cent. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Total Income (Rs Cr) | Net Profit (Rs Cr) | Income Growth (YoY) | 4-Year Income CAGR | 4-Year Net Profit CAGR |
|---|---|---|---|---|---|
| Bajaj Finance | 81,989.50 | 19,332.36 | 19.09% | 26.88% | 28.78% |
| LIC | 9,90,211.25 | 57,453.15 | 10.23% | 7.96% | 93.19% |
| Cholamandalam | 31,538.73 | 5,228.88 | 20.60% | 32.50% | 24.75% |
| Lodha Developers | 17,119.50 | 3,430.70 | 20.82% | 15.79% | 29.80% |
Institutional Holding in Bajaj Finance, LIC, Cholamandalam and Lodha Developers
Institutional holding shows who is backing these stocks with PE below 30 and profit growth of 15-30 per cent alongside the promoter. The table uses the latest reported quarter for each. Cholamandalam has the deepest institutional backing, with FII and DII together holding 45.07% as of June 2026. Domestic institutions increased their holding over the past year in Bajaj Finance (from 14.47% to 17.05%), LIC (from 1.36% to 6.17%), Cholamandalam (from 16.06% to 20.62%) and Lodha Developers (from 2.20% to 3.57%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Bajaj Finance | 54.67% | 19.79% | 17.05% | 8.49% | September 2026 |
| LIC | 90.00% | 1.55% | 6.17% | 2.28% | September 2026 |
| Cholamandalam | 49.22% | 24.45% | 20.62% | 5.70% | June 2026 |
| Lodha Developers | 70.31% | 23.65% | 3.57% | 2.47% | June 2026 |
Risks to Weigh in Stocks With PE Below 30 and Profit Growth of 15-30 Per Cent
Being careful with stocks with PE below 30 and profit growth of 15-30 per cent means looking at what can slow the story as well as what can speed it up. Four points matter most:
- Past growth may not repeat.
- Share prices can move sharply in either direction.
- Valuation: Bajaj Finance trades at a PE of 29.21 against an industry PE of 17.68, so earnings need to keep growing to support the price.
- Concentration: Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.
How to Choose Between Stocks With PE Below 30 and Profit Growth of 15-30 Per Cent
Picking from stocks with PE below 30 and profit growth of 15-30 per cent comes down to four checks, applied in order.
- Check asset quality and net interest margin first, then return on equity and price to book. Debt-to-equity does not apply to lenders.
- Compare each PE with the industry PE (10.47 to 31.94) and ask whether the growth rate justifies any gap.
- Track net profit growth, the operating margin and the return on equity in every quarterly result.
- Stagger entries across quarters and review institutional holding every reporting season.
Download the Univest iOS App or Univest Android App to track Bajaj Finance, LIC, Cholamandalam and Lodha Developers live prices.
Conclusion
Among stocks with PE below 30 and profit growth of 15-30 per cent, Bajaj Finance stands out for the largest market cap at Rs 6,02,984 crore, LIC for the highest return on equity at 32.53%, Cholamandalam for the biggest five-year price gain at 165.09% and Lodha Developers for the strongest latest-quarter profit growth at 103.39%. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing stocks with PE below 30 and profit growth of 15-30 per cent should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Stocks With PE Below 30 and Profit Growth of 15-30 Per Cent to Watch
Which are the best stocks with PE below 30 and profit growth of 15-30 per cent to watch for multibagger potential?
Ans. Bajaj Finance, LIC, Cholamandalam and Lodha Developers are the 4 names this list highlights, with market caps of Rs 6,02,984 crore, Rs 4,98,410 crore, Rs 1,35,393 crore and Rs 1,06,038 crore respectively. Bajaj Finance is notable for the largest market cap at Rs 6,02,984 crore. LIC stands out for the highest return on equity at 32.53%. Cholamandalam offers the biggest five-year price gain at 165.09%. Lodha Developers brings the strongest latest-quarter profit growth at 103.39%. These are watchlist names for stocks with PE below 30 and profit growth of 15-30 per cent, not recommendations, so match each one to your own risk profile and time horizon.
Is LIC a good stock for long-term investors?
Ans. LIC has a return on equity of 32.53%, a PE of 8.30 against an industry PE of 10.47 and a market cap of Rs 4,98,410 crore. Net profit has compounded at 93.19% a year since FY22, and FY26 revenue rose 10.23% while June 2026 quarter net profit grew 23.98%. Long-term returns in stocks with PE below 30 and profit growth of 15-30 per cent depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Lodha Developers become a multibagger from here?
Ans. Lodha Developers has already gained 78.95% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks with PE below 30 and profit growth of 15-30 per cent requires earnings to keep growing faster than the market for several years. Net profit has compounded at 29.80% a year since FY22, and FY26 revenue rose 20.82%. At a PE of 25.68 against an industry PE of 31.94, valuation should be checked against that growth before investing.
What is the market cap of Bajaj Finance, LIC, Cholamandalam and Lodha Developers?
Ans. As of 21 October 2026, Bajaj Finance has a market cap of Rs 6,02,984 crore, LIC has a market cap of Rs 4,98,410 crore, Cholamandalam has a market cap of Rs 1,35,393 crore and Lodha Developers has a market cap of Rs 1,06,038 crore. All of them qualify as largecaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on stocks with PE below 30 and profit growth of 15-30 per cent.
What are the risks of investing in stocks with PE below 30 and profit growth of 15-30 per cent?
Ans. The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. Bajaj Finance trades at a PE of 29.21 against an industry PE of 17.68, so earnings growth needs to hold up.
Why is Bajaj Finance trading at a PE of 29.21?
Ans. Bajaj Finance’s PE of 29.21 compares with an industry PE of 17.68. The market is paying a premium for a return on equity of 16.68%, profit growth of 28.78% a year since FY22 and latest-quarter profit growth of 27.60%, which also means the stock is more sensitive if growth slows. Investors in stocks with PE below 30 and profit growth of 15-30 per cent who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Bajaj Finance, LIC, Cholamandalam and Lodha Developers?
Ans. As of the latest reported quarter, FII and DII together hold 36.84% of Bajaj Finance (19.79% and 17.05%), 7.72% of LIC (1.55% and 6.17%), 45.07% of Cholamandalam (24.45% and 20.62%) and 27.22% of Lodha Developers (23.65% and 3.57%). Rising institutional holding is a useful signal in stocks with PE below 30 and profit growth of 15-30 per cent, though it should be read with earnings trends rather than on its own.
