4 Largecap Profit Growing Faster Than Revenue Stocks to Watch for Future Multibagger Potential: Titan, UltraTech Cement, Bajaj Auto and TVS Motor
- October 29, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Titan Rs 4,337.90. UltraTech Cement Rs 11,104. Bajaj Auto Rs 10,485. TVS Motor Rs 4,239.90. Market caps from Rs 2.04 lakh crore to Rs 3.94 lakh crore. Data as of 28 Oct 2026.
Quick Answer
Titan, UltraTech Cement, Bajaj Auto and TVS Motor are the 4 picks in this profit growing faster than revenue stocks watchlist, with market caps between Rs 2.04 lakh crore and Rs 3.94 lakh crore. Titan stands out for the highest return on equity at 32.31%, while UltraTech Cement offers 16.15% revenue growth in FY26. PE ratios run from 25.15 to 68.32, so compare each one with its industry PE before investing. All figures are as of 28 October 2026.
Profit growing faster than revenue stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Titan, UltraTech Cement, Bajaj Auto and TVS Motor meet that test, with market caps from Rs 2.04 lakh crore to Rs 3.94 lakh crore and Titan offering the highest return on equity at 32.31%. Each of these companies has FY26 net profit growth that is clearly faster than revenue growth, 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 FY26 net profit growth that is clearly faster than revenue growth, 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 profit growing faster than revenue 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 Profit Growing Faster Than Revenue Stocks and Why Do They Attract Multibagger Interest?
Profit growing faster than revenue stocks are shares of large companies whose net profit grew at a clearly faster pace than their sales in FY26, a sign that costs are under control and each extra rupee of revenue is earning more. The four here cover jewellery and watches, cement and two wheelers.
Profit that grows faster than sales shows rising efficiency and widening margins, which is the kind of quality that supports a higher share price over time. For profit growing faster than revenue stocks, both FY26 and the latest quarter showed growth. For profit growing faster than revenue stocks, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of profit growing faster than revenue stocks, using FY26 and latest quarter data. Prices move daily, so recheck the figures for profit growing faster than revenue stocks before you decide.
Profit Growing Faster Than Revenue Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 28 October 2026. Bajaj Auto has the lowest PE of the group at 25.15, 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) |
|---|---|---|---|---|---|---|---|
| Titan Company | 4,337.90 | 3,93,523 | 68.32 | 46.75 | 32.31% | 25.06 | 3,506.50 to 5,186.70 |
| UltraTech Cement | 11,104 | 3,20,895 | 37.44 | 29.41 | 10.66% | 4.19 | 10,325.00 to 13,110.00 |
| Bajaj Auto | 10,485 | 2,90,518 | 25.15 | 23.82 | 27.67% | 7.49 | 8,605.00 to 12,470.00 |
| TVS Motor Company | 4,239.90 | 2,04,088 | 56.67 | 23.62 | 31.56% | 21.27 | 3,228.00 to 4,484.50 |
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%.
UltraTech Cement: Profit Compounding at 3.36% a Year
UltraTech Cement is the largest cement producer in India by capacity, with plants and grinding units across the country. It reported FY26 revenue of Rs 89,089.04 crore, up 16.15% year on year, and net profit of Rs 8,188.35 crore, up 35.58%. Revenue has compounded at 13.81% a year since FY22. Operating margin was 19.71% in FY26. The debt-to-equity ratio is 0.31.
The stock trades at a PE of 37.44 against an industry PE of 29.41. The dividend yield is 2.20%. In the June 2026 quarter, revenue rose 15.49% to Rs 24,778.47 crore and net profit grew 17.24% to Rs 2,603.72 crore. Domestic institutions raised their holding from 16.65% in September 2025 to 20.86% in September 2026.
Bajaj Auto: Revenue Up 24.05% in FY26
Bajaj Auto makes motorcycles, three-wheelers and electric two-wheelers, and has a large export business. It reported FY26 revenue of Rs 65,087.22 crore, up 24.05% year on year, and net profit of Rs 10,574.50 crore, up 44.37%. Net profit has compounded at 14.44% a year since FY22, while revenue has grown 17.26% a year. Operating margin was 25.06% in FY26.
In the June 2026 quarter, revenue rose 64.02% to Rs 22,376.69 crore and net profit grew 44.26% to Rs 3,188.75 crore. The share price has gained 165.89% over five years and 13.76% over the past year. Domestic institutions raised their holding from 12.09% in June 2025 to 13.54% in June 2026. The stock trades at a PE of 25.15 against an industry PE of 23.82, with a return on equity of 27.67%.
TVS Motor: 44.50% Profit CAGR Since FY22
TVS Motor Company makes motorcycles, scooters, mopeds and electric two-wheelers, with a growing export business. It reported FY26 revenue of Rs 56,091.53 crore, up 27.02% year on year, and net profit of Rs 3,186.43 crore, up 35.60%. Net profit has compounded at 44.50% a year since FY22, while revenue has grown 23.15% a year. Operating margin was 14.85% in FY26.
The stock trades at a PE of 56.67 against an industry PE of 23.62, with a return on equity of 31.56%. In the June 2026 quarter, revenue rose 34.32% to Rs 16,453.72 crore and net profit grew 64.52% to Rs 1,057.61 crore. The share price has gained 598.75% over five years and 14.49% over the past year. Domestic institutions raised their holding from 18.81% in June 2025 to 21.13% in June 2026.
Profit Growing Faster Than Revenue Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these profit growing faster than revenue 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 | 4-Year Net Profit CAGR | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Titan | 88,136 | 5,073 | 44.62% | 32.00% | 23.26% | 14.61% |
| UltraTech Cement | 89,089.04 | 8,188.35 | 16.15% | 13.81% | 3.36% | 20.83% |
| Bajaj Auto | 65,087.22 | 10,574.50 | 24.05% | 17.26% | 14.44% | 24.99% |
| TVS Motor | 56,091.53 | 3,186.43 | 27.02% | 23.15% | 44.50% | 15.35% |
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Institutional Holding in Titan, UltraTech Cement, Bajaj Auto and TVS Motor
Institutional holding shows who is backing these profit growing faster than revenue stocks alongside the promoter. The table uses the latest reported quarter for each. TVS Motor has the deepest institutional backing, with FII and DII together holding 41.58% as of June 2026. Domestic institutions increased their holding over the past year in Titan (from 12.78% to 15.34%), UltraTech Cement (from 16.65% to 20.86%), Bajaj Auto (from 12.09% to 13.54%) and TVS Motor (from 18.81% to 21.13%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Titan | 52.90% | 15.38% | 15.34% | 16.38% | June 2026 |
| UltraTech Cement | 58.48% | 12.69% | 20.86% | 7.97% | September 2026 |
| Bajaj Auto | 55.01% | 9.01% | 13.54% | 22.44% | June 2026 |
| TVS Motor | 50.27% | 20.45% | 21.13% | 8.15% | June 2026 |
Risks to Weigh in Profit Growing Faster Than Revenue Stocks
Being careful with profit growing faster than revenue 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: TVS Motor trades at a PE of 56.67 against an industry PE of 23.62, 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 Growing Faster Than Revenue Stocks
Picking from profit growing faster than revenue 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 (23.62 to 46.75) 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 profit growing faster than revenue stocks, Titan stands out for the highest return on equity at 32.31%, UltraTech Cement for 16.15% revenue growth in FY26, Bajaj Auto for the lowest PE of the group at 25.15 and TVS Motor for the fastest profit growth, 44.50% a year since FY22. 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 growing faster than revenue 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 Growing Faster Than Revenue Stocks to Watch
Which are the best profit growing faster than revenue stocks to watch for multibagger potential?
Ans. Titan, UltraTech Cement, Bajaj Auto and TVS Motor are the 4 names this list highlights, with market caps of Rs 3,93,523 crore, Rs 3,20,895 crore, Rs 2,90,518 crore and Rs 2,04,088 crore respectively. Titan is notable for the highest return on equity at 32.31%. UltraTech Cement stands out for 16.15% revenue growth in FY26. Bajaj Auto offers the lowest PE of the group at 25.15. TVS Motor brings the fastest profit growth, 44.50% a year since FY22. These are watchlist names for profit growing faster than revenue 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 profit growing faster than revenue stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can TVS Motor become a multibagger from here?
Ans. TVS Motor has already gained 598.75% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in profit growing faster than revenue stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 44.50% a year since FY22, and FY26 revenue rose 27.02%. At a PE of 56.67 against an industry PE of 23.62, valuation should be checked against that growth before investing.
What is the market cap of Titan, UltraTech Cement, Bajaj Auto and TVS Motor?
Ans. As of 28 October 2026, Titan has a market cap of Rs 3,93,523 crore, UltraTech Cement has a market cap of Rs 3,20,895 crore, Bajaj Auto has a market cap of Rs 2,90,518 crore and TVS Motor has a market cap of Rs 2,04,088 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 profit growing faster than revenue stocks.
What are the risks of investing in profit growing faster than revenue 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. TVS Motor trades at a PE of 56.67 against an industry PE of 23.62, so earnings growth needs to hold up.
Why is TVS Motor trading at a PE of 56.67?
Ans. TVS Motor’s PE of 56.67 compares with an industry PE of 23.62. The market is paying a premium for a return on equity of 31.56%, profit growth of 44.50% a year since FY22 and latest-quarter profit growth of 64.52%, which also means the stock is more sensitive if growth slows. Investors in profit growing faster than revenue 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 Titan, UltraTech Cement, Bajaj Auto and TVS Motor?
Ans. As of the latest reported quarter, FII and DII together hold 30.72% of Titan (15.38% and 15.34%), 33.55% of UltraTech Cement (12.69% and 20.86%), 22.55% of Bajaj Auto (9.01% and 13.54%) and 41.58% of TVS Motor (20.45% and 21.13%). Rising institutional holding is a useful signal in profit growing faster than revenue stocks, though it should be read with earnings trends rather than on its own.
