4 Midcap Single-Digit Quarterly Profit Growth Stocks to Watch for Future Multibagger Potential: Max Healthcare, Ashok Leyland, Uno Minda and NMDC
- October 29, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Max Healthcare Rs 851.50. Ashok Leyland Rs 144.85. Uno Minda Rs 1,099.90. NMDC Rs 67.50. Market caps from Rs 61,103 crore to Rs 86,925 crore. Data as of 28 Oct 2026.
Quick Answer
Max Healthcare, Ashok Leyland, Uno Minda and NMDC are the 4 picks in this single-digit quarterly profit growth stocks watchlist, with market caps between Rs 61,103 crore and Rs 86,925 crore. Max Healthcare stands out for the strongest latest-quarter profit growth at 4.87%, while Ashok Leyland offers the highest return on equity at 24.37%. PE ratios run from 8.19 to 59.66, so compare each one with its industry PE before investing. All figures are as of 28 October 2026.
Single-digit quarterly profit growth stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Max Healthcare, Ashok Leyland, Uno Minda and NMDC meet that test, with market caps from Rs 61,103 crore to Rs 86,925 crore and Max Healthcare offering the strongest latest-quarter profit growth at 4.87%. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and net profit growth of up to 10 per cent in the latest quarter, 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 a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and net profit growth of up to 10 per cent in the latest quarter, 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, 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 single-digit quarterly profit growth 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 Single-Digit Quarterly Profit Growth Stocks and Why Do They Attract Multibagger Interest?
Single-digit quarterly profit growth stocks are shares of mid sized companies whose net profit rose by up to 10 per cent in the latest quarter, a measured pace that often comes from large and well settled businesses. The four here cover hospitals, commercial vehicles, auto components and iron ore.
Steady quarterly growth from a large base is a sign of stability, and growth over the full year shows that the trend is not a one quarter story. For single-digit quarterly profit growth stocks, both FY26 and the latest quarter showed growth. For single-digit quarterly profit growth stocks, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of single-digit quarterly profit growth stocks, using FY26 and latest quarter data. Prices move daily, so recheck the figures for single-digit quarterly profit growth stocks before you decide.
Single-Digit Quarterly Profit Growth Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 28 October 2026. NMDC has the lowest PE of the group at 8.19, while Ashok Leyland posts the highest return on equity at 24.37%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Max Healthcare Institute | 851.50 | 86,925 | 59.66 | 60.75 | 13.42% | 8.09 | 815.00 to 1,221.90 |
| Ashok Leyland | 144.85 | 86,231 | 23.12 | 23.62 | 24.37% | 6.05 | 134.21 to 215.42 |
| Uno Minda | 1,099.90 | 65,925 | 51.08 | 37.22 | 17.53% | 9.66 | 994.00 to 1,355.00 |
| NMDC | 67.50 | 61,103 | 8.19 | 10.06 | 21.87% | 1.79 | 66.35 to 97.49 |
Max Healthcare: 24.26% Profit CAGR Since FY22
Max Healthcare Institute runs a network of multi-speciality hospitals in Delhi NCR, Mumbai and other cities. It reported FY26 revenue of Rs 8,536.07 crore, up 18.82% year on year, and net profit of Rs 1,442.41 crore, up 34.07%. Net profit has compounded at 24.26% a year since FY22, while revenue has grown 20.42% a year. Operating margin was 28.15% in FY26. The debt-to-equity ratio is 0.32.
In the June 2026 quarter, revenue rose 16.60% to Rs 2,406.69 crore and net profit grew 4.87% to Rs 322.96 crore. The share price has gained 149.91% over five years. Domestic institutions raised their holding from 17.42% in June 2025 to 29.96% in June 2026. The stock trades at a PE of 59.66 against an industry PE of 60.75, below the sector average, with a return on equity of 13.42%.
Ashok Leyland: Return on Equity of 24.37%
Ashok Leyland makes trucks, buses and defence vehicles and is among the largest commercial vehicle makers in India. It reported FY26 revenue of Rs 56,946.90 crore, up 16.47% year on year, and net profit of Rs 3,720.98 crore, up 10.00%. Revenue has compounded at 21.28% a year since FY22. Operating margin was 19.17% in FY26.
The stock trades at a PE of 23.12 against an industry PE of 23.62, below the sector average, with a return on equity of 24.37%. The dividend yield is 2.38%. In the June 2026 quarter, revenue rose 12.29% to Rs 13,258.24 crore and net profit grew 1.53% to Rs 667.77 crore. The share price has gained 106.37% over five years. Domestic institutions raised their holding from 13.61% in July 2025 to 15.76% in June 2026.
Uno Minda: 38.65% Profit CAGR Since FY22
Uno Minda makes switches, lighting, sensors and safety components for two-wheeler, passenger and commercial vehicle makers. It reported FY26 revenue of Rs 19,692.02 crore, up 17.19% year on year, and net profit of Rs 1,284.06 crore, up 25.82%. Net profit has compounded at 38.65% a year since FY22, while revenue has grown 23.83% a year. Operating margin was 12.75% in FY26. The debt-to-equity ratio is 0.40.
In the June 2026 quarter, revenue rose 23.60% to Rs 5,563.16 crore and net profit grew 2.10% to Rs 315.51 crore. The share price has gained 187.71% over five years. Domestic institutions raised their holding from 15.85% in June 2025 to 17.53% in June 2026. The stock trades at a PE of 51.08 against an industry PE of 37.22, with a return on equity of 17.53%.
NMDC: Revenue Up 31.61% in FY26
NMDC is a government-owned miner and India’s largest iron ore producer. It reported FY26 revenue of Rs 33,559.27 crore, up 31.61% year on year, and net profit of Rs 7,415.37 crore, up 13.39%. Revenue has compounded at 5.90% a year since FY22. Operating margin was 33.51% in FY26. The debt-to-equity ratio is 0.19.
The stock trades at a PE of 8.19 against an industry PE of 10.06, below the sector average, with a return on equity of 21.87%. The dividend yield is 5.04%. In the June 2026 quarter, revenue rose 1.47% to Rs 7,142.54 crore and net profit grew 1.94% to Rs 2,005.71 crore. Foreign investors raised their holding from 12.21% in June 2025 to 13.59% in June 2026.
Single-Digit Quarterly Profit Growth Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these single-digit quarterly profit growth stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Revenue (Rs Cr) | Net Profit (Rs Cr) | Revenue Growth (YoY) | 4-Year Revenue CAGR | Latest Quarter Revenue Growth | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Max Healthcare | 8,536.07 | 1,442.41 | 18.82% | 20.42% | 16.60% | 27.00% |
| Ashok Leyland | 56,946.90 | 3,720.98 | 16.47% | 21.28% | 12.29% | 20.01% |
| Uno Minda | 19,692.02 | 1,284.06 | 17.19% | 23.83% | 23.60% | 11.26% |
| NMDC | 33,559.27 | 7,415.37 | 31.61% | 5.90% | 1.47% | 41.43% |
Check the Univest Screener for live data on these single-digit quarterly profit growth stocks
Institutional Holding in Max Healthcare, Ashok Leyland, Uno Minda and NMDC
Institutional holding shows who is backing these single-digit quarterly profit growth stocks alongside the promoter. The table uses the latest reported quarter for each. Max Healthcare has the deepest institutional backing, with FII and DII together holding 71.74% as of June 2026. Domestic institutions increased their holding over the past year in Max Healthcare (from 17.42% to 29.96%), Ashok Leyland (from 13.61% to 15.76%) and Uno Minda (from 15.85% to 17.53%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Max Healthcare | 23.71% | 41.78% | 29.96% | 4.56% | June 2026 |
| Ashok Leyland | 51.51% | 20.68% | 15.76% | 12.05% | June 2026 |
| Uno Minda | 68.36% | 8.15% | 17.53% | 5.96% | June 2026 |
| NMDC | 60.79% | 13.59% | 13.81% | 11.80% | June 2026 |
Risks to Weigh in Single-Digit Quarterly Profit Growth Stocks
Being careful with single-digit quarterly profit growth 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: Uno Minda trades at a PE of 51.08 against an industry PE of 37.22, 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 Single-Digit Quarterly Profit Growth Stocks
Picking from single-digit quarterly profit growth stocks comes down to four checks, applied in order.
- Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
- Compare each PE with the industry PE (10.06 to 60.75) 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 single-digit quarterly profit growth stocks, Max Healthcare stands out for the strongest latest-quarter profit growth at 4.87%, Ashok Leyland for the highest return on equity at 24.37%, Uno Minda for the fastest profit growth, 38.65% a year since FY22 and NMDC for the lowest PE of the group at 8.19. 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 single-digit quarterly profit growth 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 Single-Digit Quarterly Profit Growth Stocks to Watch
Which are the best single-digit quarterly profit growth stocks to watch for multibagger potential?
Ans. Max Healthcare, Ashok Leyland, Uno Minda and NMDC are the 4 names this list highlights, with market caps of Rs 86,925 crore, Rs 86,231 crore, Rs 65,925 crore and Rs 61,103 crore respectively. Max Healthcare is notable for the strongest latest-quarter profit growth at 4.87%. Ashok Leyland stands out for the highest return on equity at 24.37%. Uno Minda offers the fastest profit growth, 38.65% a year since FY22. NMDC brings the lowest PE of the group at 8.19. These are watchlist names for single-digit quarterly profit growth stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Ashok Leyland a good stock for long-term investors?
Ans. Ashok Leyland has a return on equity of 24.37%, a PE of 23.12 against an industry PE of 23.62 and a market cap of Rs 86,231 crore. FY26 revenue rose 16.47%, and June 2026 quarter net profit grew 1.53%. Long-term returns in single-digit quarterly profit growth stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Uno Minda become a multibagger from here?
Ans. Uno Minda has already gained 187.71% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in single-digit quarterly profit growth stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 38.65% a year since FY22, and FY26 revenue rose 17.19%. At a PE of 51.08 against an industry PE of 37.22, valuation should be checked against that growth before investing.
What is the market cap of Max Healthcare, Ashok Leyland, Uno Minda and NMDC?
Ans. As of 28 October 2026, Max Healthcare has a market cap of Rs 86,925 crore, Ashok Leyland has a market cap of Rs 86,231 crore, Uno Minda has a market cap of Rs 65,925 crore and NMDC has a market cap of Rs 61,103 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 single-digit quarterly profit growth stocks.
What are the risks of investing in single-digit quarterly profit growth 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. Uno Minda trades at a PE of 51.08 against an industry PE of 37.22, so earnings growth needs to hold up.
Why is Uno Minda trading at a PE of 51.08?
Ans. Uno Minda’s PE of 51.08 compares with an industry PE of 37.22. The market is paying a premium for a return on equity of 17.53%, profit growth of 38.65% a year since FY22 and FY26 revenue growth of 17.19%, which also means the stock is more sensitive if growth slows. Investors in single-digit quarterly profit growth 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 Max Healthcare, Ashok Leyland, Uno Minda and NMDC?
Ans. As of the latest reported quarter, FII and DII together hold 71.74% of Max Healthcare (41.78% and 29.96%), 36.44% of Ashok Leyland (20.68% and 15.76%), 25.68% of Uno Minda (8.15% and 17.53%) and 27.40% of NMDC (13.59% and 13.81%). Rising institutional holding is a useful signal in single-digit quarterly profit growth stocks, though it should be read with earnings trends rather than on its own.
