4 Largecap NPS Trust Stocks to Watch for Future Multibagger Potential: SBI, Bajaj Finance, Titan and Avenue Supermarts
- October 29, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
SBI Rs 956.80. Bajaj Finance Rs 917.25. Titan Rs 4,337.90. Avenue Supermarts Rs 3,133.90. Market caps from Rs 2.09 lakh crore to Rs 8.69 lakh crore. Data as of 28 Oct 2026.
Quick Answer
SBI, Bajaj Finance, Titan and Avenue Supermarts are the 4 picks in this NPS trust stocks watchlist, with market caps between Rs 2.09 lakh crore and Rs 8.69 lakh crore. SBI stands out for the biggest five-year price gain at 92.86%, while Bajaj Finance offers the fastest profit growth, 28.78% a year since FY22. PE ratios run from 9.69 to 68.32, so compare each one with its industry PE before investing. All figures are as of 28 October 2026.
NPS trust stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. SBI, Bajaj Finance, Titan and Avenue Supermarts meet that test, with market caps from Rs 2.09 lakh crore to Rs 8.69 lakh crore and SBI offering the biggest five-year price gain at 92.86%. Each of these companies has the NPS Trust listed among its top domestic institutional holders, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.
This list covers companies with the NPS Trust listed among its top domestic institutional holders, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, 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 NPS trust stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 28 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are NPS Trust Stocks and Why Do They Attract Multibagger Interest?
NPS trust stocks are shares of large companies in which the NPS Trust, which invests the pension savings of crores of subscribers under the National Pension System, is named among the top domestic institutional holders. The four here cover public sector banking, consumer finance, jewellery and watches and supermarkets.
When a pension investor with a very long horizon holds a large stake, it is a strong sign of confidence in the business and its ability to compound over many years. For NPS trust stocks, both FY26 and the latest quarter showed growth. For NPS trust stocks, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of NPS trust stocks, using FY26 and latest quarter data. Prices move daily, so recheck the figures for NPS trust stocks before you decide.
NPS Trust Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 28 October 2026. SBI has the lowest PE of the group at 9.69, while Titan posts the highest return on equity at 32.31%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| State Bank of India | 956.80 | 8,68,768 | 9.69 | 12.05 | 14.29% | 1.48 | 877.05 to 1,234.70 |
| Bajaj Finance | 917.25 | 5,87,079 | 28.44 | 17.68 | 16.68% | 5.15 | 787.90 to 1,176.40 |
| Titan Company | 4,337.90 | 3,93,523 | 68.32 | 46.75 | 32.31% | 25.06 | 3,506.50 to 5,186.70 |
| Avenue Supermarts | 3,133.90 | 2,08,820 | 67.03 | 64.73 | 11.94% | 8.01 | 3,133.90 to 4,644.00 |
SBI: 23.72% Profit CAGR Since FY22
State Bank of India is the country’s largest lender, with a branch network that reaches every part of India. It reported FY26 total income of Rs 7,12,643.53 crore, up 7.43% year on year, and net profit of Rs 85,168.47 crore, up 7.78%. Net profit has compounded at 23.72% a year since FY22, while total income has grown 15.03% a year.
In the June 2026 quarter, total income rose 7.83% to Rs 1,80,061.86 crore and net profit grew 13.65% to Rs 24,579.04 crore. The share price has gained 92.86% over five years. Foreign investors raised their holding from 9.98% in July 2025 to 10.81% in June 2026. The stock trades at a PE of 9.69 against an industry PE of 12.05, below the sector average, with a return on equity of 14.29%. The dividend yield is 1.85%.
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.
The stock trades at a PE of 28.44 against an industry PE of 17.68, with a return on equity of 16.68%. 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.
Titan: 23.26% Profit CAGR Since FY22
Titan Company runs the jewellery (Tanishq), watches (Titan), eyewear and fragrances businesses. It reported FY26 revenue of Rs 88,136 crore, up 44.62% year on year, and net profit of Rs 5,073 crore, up 52.02%. Net profit has compounded at 23.26% a year since FY22, while revenue has grown 32.00% a year. Operating margin was 10.06% in FY26.
In the June 2026 quarter, revenue rose 29.31% to Rs 21,502 crore and net profit grew 62.88% to Rs 1,777 crore. The share price has gained 72.39% over five years and 22.47% over the past year. Domestic institutions raised their holding from 12.78% in June 2025 to 15.34% in June 2026. The stock trades at a PE of 68.32 against an industry PE of 46.75, with a return on equity of 32.31%.
Avenue Supermarts: Profit Compounding at 18.77% a Year
Avenue Supermarts runs the DMart chain of stores that sell groceries and everyday products at low prices. It reported FY26 revenue of Rs 68,894.84 crore, up 15.82% year on year, and net profit of Rs 2,969.86 crore, up 9.69%. Net profit has compounded at 18.77% a year since FY22, while revenue has grown 22.01% a year. Operating margin was 7.07% in FY26. The debt-to-equity ratio is 0.16.
The stock trades at a PE of 67.03 against an industry PE of 64.73. In the September 2026 quarter, revenue rose 17.74% to Rs 19,657.54 crore and net profit grew 8.49% to Rs 742.98 crore. Foreign investors raised their holding from 8.25% in June 2025 to 9.23% in June 2026.
NPS Trust Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these NPS trust 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 | 4-Year Net Profit CAGR |
|---|---|---|---|---|---|
| SBI | 7,12,643.53 | 85,168.47 | 7.43% | 15.03% | 23.72% |
| Bajaj Finance | 81,989.50 | 19,332.36 | 19.09% | 26.88% | 28.78% |
| Titan | 88,136 | 5,073 | 44.62% | 32.00% | 23.26% |
| Avenue Supermarts | 68,894.84 | 2,969.86 | 15.82% | 22.01% | 18.77% |
Check the Univest Screener for live data on these NPS trust stocks
Institutional Holding in SBI, Bajaj Finance, Titan and Avenue Supermarts
Institutional holding shows who is backing these NPS trust stocks alongside the promoter. The table uses the latest reported quarter for each. SBI has the deepest institutional backing, with FII and DII together holding 37.45% as of June 2026. Domestic institutions increased their holding over the past year in Bajaj Finance (from 14.47% to 17.05%) and Titan (from 12.78% to 15.34%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| SBI | 55.47% | 10.81% | 26.64% | 7.08% | June 2026 |
| Bajaj Finance | 54.67% | 19.79% | 17.05% | 8.49% | September 2026 |
| Titan | 52.90% | 15.38% | 15.34% | 16.38% | June 2026 |
| Avenue Supermarts | 74.48% | 9.23% | 8.74% | 7.55% | June 2026 |
Risks to Weigh in NPS Trust Stocks
Being careful with NPS trust 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: Bajaj Finance trades at a PE of 28.44 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 NPS Trust Stocks
Picking from NPS trust 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 (12.05 to 64.73) 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 SBI, Bajaj Finance, Titan and Avenue Supermarts live prices.
Conclusion
Among NPS trust stocks, SBI stands out for the biggest five-year price gain at 92.86%, Bajaj Finance for the fastest profit growth, 28.78% a year since FY22, Titan for the highest return on equity at 32.31% and Avenue Supermarts for 15.82% revenue growth in FY26. 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 NPS trust 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 NPS Trust Stocks to Watch
Which are the best NPS trust stocks to watch for multibagger potential?
Ans. SBI, Bajaj Finance, Titan and Avenue Supermarts are the 4 names this list highlights, with market caps of Rs 8,68,768 crore, Rs 5,87,079 crore, Rs 3,93,523 crore and Rs 2,08,820 crore respectively. SBI is notable for the biggest five-year price gain at 92.86%. Bajaj Finance stands out for the fastest profit growth, 28.78% a year since FY22. Titan offers the highest return on equity at 32.31%. Avenue Supermarts brings 15.82% revenue growth in FY26. These are watchlist names for NPS trust stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Titan a good stock for long-term investors?
Ans. Titan has a return on equity of 32.31%, a PE of 68.32 against an industry PE of 46.75 and a market cap of Rs 3,93,523 crore. Net profit has compounded at 23.26% a year since FY22, and FY26 revenue rose 44.62% while June 2026 quarter net profit grew 62.88%. Long-term returns in NPS trust stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Bajaj Finance become a multibagger from here?
Ans. Bajaj Finance has a market cap of Rs 5,87,079 crore. A multibagger outcome in NPS trust stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 28.78% a year since FY22, and FY26 revenue rose 19.09%. At a PE of 28.44 against an industry PE of 17.68, valuation should be checked against that growth before investing.
What is the market cap of SBI, Bajaj Finance, Titan and Avenue Supermarts?
Ans. As of 28 October 2026, SBI has a market cap of Rs 8,68,768 crore, Bajaj Finance has a market cap of Rs 5,87,079 crore, Titan has a market cap of Rs 3,93,523 crore and Avenue Supermarts has a market cap of Rs 2,08,820 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 NPS trust stocks.
What are the risks of investing in NPS trust 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. Bajaj Finance trades at a PE of 28.44 against an industry PE of 17.68, so earnings growth needs to hold up.
Why is Bajaj Finance trading at a PE of 28.44?
Ans. Bajaj Finance’s PE of 28.44 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 NPS trust 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 SBI, Bajaj Finance, Titan and Avenue Supermarts?
Ans. As of the latest reported quarter, FII and DII together hold 37.45% of SBI (10.81% and 26.64%), 36.84% of Bajaj Finance (19.79% and 17.05%), 30.72% of Titan (15.38% and 15.34%) and 17.97% of Avenue Supermarts (9.23% and 8.74%). Rising institutional holding is a useful signal in NPS trust stocks, though it should be read with earnings trends rather than on its own.
