4 Midcap Profit Surge Stocks to Watch for Future Multibagger Potential: Muthoot Finance, PB Fintech, Premier Energies and Hindustan Copper
- October 26, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Muthoot Finance Rs 2,373. PB Fintech Rs 1,015. Premier Energies Rs 853.30. Hindustan Copper Rs 399.05. Market caps from Rs 39,644 crore to Rs 98,912 crore. Data as of 23 Oct 2026.
Quick Answer
Muthoot Finance, PB Fintech, Premier Energies and Hindustan Copper are the 4 picks in this profit surge stocks watchlist, with market caps between Rs 39,644 crore and Rs 98,912 crore. Muthoot Finance stands out for the fastest profit growth, 27.36% a year since FY22, while PB Fintech offers a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.05. PE ratios run from 8.63 to 62.01, so compare each one with its industry PE before investing. All figures are as of 23 October 2026.
Profit surge stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Muthoot Finance, PB Fintech, Premier Energies and Hindustan Copper meet that test, with market caps from Rs 39,644 crore to Rs 98,912 crore and Muthoot Finance offering the fastest profit growth, 27.36% a year since FY22. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and profit growth of at least 40 per cent in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.
This list covers companies with a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and profit growth of at least 40 per cent in FY26 and in the latest quarter, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap between Rs 30,000 crore and Rs 1 lakh crore. Investors screening profit surge stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 23 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Profit Surge Stocks and Why Do They Attract Multibagger Interest?
Profit surge stocks are shares of mid sized companies whose profit is growing at a very fast pace, both for the full year and in the latest quarter. The four here cover gold loans, online insurance marketplaces, solar cells and copper.
Profit that surges in the year and again in the quarter shows momentum that is not fading. For profit surge stocks, both FY26 and the latest quarter showed growth. Investors researching profit surge stocks get a fuller picture by reading growth and valuation together. The table below lines up profit surge stocks on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use profit surge stocks as a starting point for your own research.
Profit Surge Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 23 October 2026. Muthoot Finance has the lowest PE of the group at 8.63, while Premier Energies posts the highest return on equity at 35.05%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Muthoot Finance | 2,373 | 98,912 | 8.63 | 17.97 | 28.01% | 2.44 | 2,373.00 to 4,149.50 |
| PB Fintech | 1,015 | 46,401 | 62.01 | 122.81 | 9.16% | 6.35 | 945.10 to 1,964.20 |
| Premier Energies | 853.30 | 41,481 | 24.79 | 53.49 | 35.05% | 9.63 | 660.00 to 1,134.00 |
| Hindustan Copper | 399.05 | 39,644 | 34.89 | 12.27 | 27.48% | 11.86 | 308.50 to 760.05 |
Muthoot Finance: 27.36% Profit CAGR Since FY22
Muthoot Finance is India’s largest gold loan NBFC by loan assets, with a branch network across the country. It reported FY26 total income of Rs 31,263.41 crore, up 54.27% year on year, and net profit of Rs 10,606.87 crore, up 98.17%. Net profit has compounded at 27.36% a year since FY22, while total income has grown 26.42% a year.
In the June 2026 quarter, total income rose 34.48% to Rs 8,694.81 crore and net profit grew 43.08% to Rs 2,824.84 crore. The share price has gained 67.76% over five years. Foreign investors raised their holding from 10.84% in June 2025 to 11.61% in June 2026. The stock trades at a PE of 8.63 against an industry PE of 17.97, below the sector average, with a return on equity of 28.01%.
PB Fintech: Revenue Up 33.08% in FY26
PB Fintech runs Policybazaar and Paisabazaar, online marketplaces for insurance and credit products. It reported FY26 revenue of Rs 7,166.45 crore, up 33.08% year on year, and net profit of Rs 670.13 crore, up 89.75%. Revenue has compounded at 46.63% a year since FY22. Operating margin was 12.97% in FY26. The debt-to-equity ratio is 0.05, which keeps interest costs low.
The stock trades at a PE of 62.01 against an industry PE of 122.81, below the sector average. In the June 2026 quarter, revenue rose 36.95% to Rs 1,981.32 crore and net profit grew 92.43% to Rs 162.91 crore. Domestic institutions raised their holding from 23.27% in June 2025 to 40.42% in June 2026.
Premier Energies: Revenue Up 20.65% in FY26
Premier Energies makes solar cells and modules at manufacturing plants in Telangana. It reported FY26 revenue of Rs 8,025.91 crore, up 20.65% year on year, and net profit of Rs 1,509.69 crore, up 61.10%. Revenue has compounded at 79.85% a year since FY22. Operating margin was 33.02% in FY26.
In the June 2026 quarter, revenue rose 34.13% to Rs 2,507.63 crore and net profit grew 53.33% to Rs 471.92 crore. Domestic institutions raised their holding from 13.26% in September 2025 to 18.88% in September 2026. The stock trades at a PE of 24.79 against an industry PE of 53.49, below the sector average, with a return on equity of 35.05%.
Hindustan Copper: 25.25% Profit CAGR Since FY22
Hindustan Copper is a government-owned company that mines copper ore and produces refined copper in India. It reported FY26 revenue of Rs 3,149.67 crore, up 46.62% year on year, and net profit of Rs 920.66 crore, up 96.97%. Net profit has compounded at 25.25% a year since FY22, while revenue has grown 13.89% a year. Operating margin was 46.74% in FY26. The debt-to-equity ratio is 0.03, which keeps interest costs low.
The stock trades at a PE of 34.89 against an industry PE of 12.27, with a return on equity of 27.48%. In the June 2026 quarter, revenue rose 81.07% to Rs 953.60 crore and net profit grew 162.59% to Rs 352.61 crore. The share price has gained 205.23% over five years and 33.08% over the past year. Foreign investors raised their holding from 3.71% in June 2025 to 5.96% in June 2026.
Profit Surge Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these profit surge stocks. 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 | Latest Quarter Income Growth |
|---|---|---|---|---|---|
| Muthoot Finance | 31,263.41 | 10,606.87 | 54.27% | 26.42% | 34.48% |
| PB Fintech | 7,166.45 | 670.13 | 33.08% | 46.63% | 36.95% |
| Premier Energies | 8,025.91 | 1,509.69 | 20.65% | 79.85% | 34.13% |
| Hindustan Copper | 3,149.67 | 920.66 | 46.62% | 13.89% | 81.07% |
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Institutional Holding in Muthoot Finance, PB Fintech, Premier Energies and Hindustan Copper
Institutional holding shows who is backing these profit surge stocks alongside the promoter. The table uses the latest reported quarter for each. PB Fintech has the deepest institutional backing, with FII and DII together holding 77.72% as of June 2026. Domestic institutions increased their holding over the past year in PB Fintech (from 23.27% to 40.42%) and Premier Energies (from 13.26% to 18.88%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Muthoot Finance | 73.35% | 11.61% | 10.76% | 4.29% | June 2026 |
| PB Fintech | Nil | 37.30% | 40.42% | 22.28% | June 2026 |
| Premier Energies | 58.49% | 7.12% | 18.88% | 15.51% | September 2026 |
| Hindustan Copper | 66.14% | 5.96% | 4.84% | 23.06% | June 2026 |
Risks to Weigh in Profit Surge Stocks
Being careful with profit surge stocks 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: Hindustan Copper trades at a PE of 34.89 against an industry PE of 12.27, 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 Profit Surge Stocks
Picking from profit surge stocks 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 (12.27 to 122.81) 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.
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Conclusion
Among profit surge stocks, Muthoot Finance stands out for the fastest profit growth, 27.36% a year since FY22, PB Fintech for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.05, Premier Energies for the highest return on equity at 35.05% and Hindustan Copper for the biggest five-year price gain at 205.23%. 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 profit surge stocks 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 Profit Surge Stocks to Watch
Which are the best profit surge stocks to watch for multibagger potential?
Ans. Muthoot Finance, PB Fintech, Premier Energies and Hindustan Copper are the 4 names this list highlights, with market caps of Rs 98,912 crore, Rs 46,401 crore, Rs 41,481 crore and Rs 39,644 crore respectively. Muthoot Finance is notable for the fastest profit growth, 27.36% a year since FY22. PB Fintech stands out for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.05. Premier Energies offers the highest return on equity at 35.05%. Hindustan Copper brings the biggest five-year price gain at 205.23%. These are watchlist names for profit surge stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Premier Energies a good stock for long-term investors?
Ans. Premier Energies has a return on equity of 35.05%, a PE of 24.79 against an industry PE of 53.49 and a market cap of Rs 41,481 crore. FY26 revenue rose 20.65%, and June 2026 quarter net profit grew 53.33%. Long-term returns in profit surge stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Muthoot Finance become a multibagger from here?
Ans. Muthoot Finance has already gained 67.76% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in profit surge stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 27.36% a year since FY22, and FY26 revenue rose 54.27%. At a PE of 8.63 against an industry PE of 17.97, valuation should be checked against that growth before investing.
What is the market cap of Muthoot Finance, PB Fintech, Premier Energies and Hindustan Copper?
Ans. As of 23 October 2026, Muthoot Finance has a market cap of Rs 98,912 crore, PB Fintech has a market cap of Rs 46,401 crore, Premier Energies has a market cap of Rs 41,481 crore and Hindustan Copper has a market cap of Rs 39,644 crore. All of them qualify as midcaps. 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 profit surge stocks.
What are the risks of investing in profit surge stocks?
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. Hindustan Copper trades at a PE of 34.89 against an industry PE of 12.27, so earnings growth needs to hold up.
Why is Hindustan Copper trading at a PE of 34.89?
Ans. Hindustan Copper’s PE of 34.89 compares with an industry PE of 12.27. The market is paying a premium for a return on equity of 27.48%, profit growth of 25.25% a year since FY22 and latest-quarter profit growth of 162.59%, which also means the stock is more sensitive if growth slows. Investors in profit surge stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Muthoot Finance, PB Fintech, Premier Energies and Hindustan Copper?
Ans. As of the latest reported quarter, FII and DII together hold 22.37% of Muthoot Finance (11.61% and 10.76%), 77.72% of PB Fintech (37.30% and 40.42%), 26.00% of Premier Energies (7.12% and 18.88%) and 10.80% of Hindustan Copper (5.96% and 4.84%). Rising institutional holding is a useful signal in profit surge stocks, though it should be read with earnings trends rather than on its own.