4 Largecap Profit Growth Above Long-Term Average Stocks to Watch for Future Multibagger Potential: Titan, UltraTech Cement, NTPC and Bajaj Auto
- October 29, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Titan Rs 4,337.90. UltraTech Cement Rs 11,104. NTPC Rs 303.75. Bajaj Auto Rs 10,485. Market caps from Rs 2.91 lakh crore to Rs 3.94 lakh crore. Data as of 28 Oct 2026.
Quick Answer
Titan, UltraTech Cement, NTPC and Bajaj Auto are the 4 picks in this profit growth above long-term average stocks watchlist, with market caps between Rs 2.91 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 10.79 to 68.32, so compare each one with its industry PE before investing. All figures are as of 28 October 2026.
Profit growth above long-term average stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Titan, UltraTech Cement, NTPC and Bajaj Auto meet that test, with market caps from Rs 2.91 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 at least 5 percentage points above its FY22 to FY26 compound annual growth rate, 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 at least 5 percentage points above its FY22 to FY26 compound annual growth rate, 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 growth above long-term average 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 Growth Above Long-Term Average Stocks and Why Do They Attract Multibagger Interest?
Profit growth above long-term average stocks are shares of large companies whose profit grew faster in FY26 than the average pace of the last four years, a sign that growth is speeding up and not slowing down. The four here cover jewellery and watches, cement, power generation and two wheelers.
Profit that grows faster than its own long term average shows that the business is gathering pace, which is the kind of momentum that long term investors look for. For profit growth above long-term average stocks, both FY26 and the latest quarter showed growth. For profit growth above long-term average 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 growth above long-term average stocks, using FY26 and latest quarter data. Prices move daily, so recheck the figures for profit growth above long-term average stocks before you decide.
Profit Growth Above Long-Term Average Stocks at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 28 October 2026. NTPC has the lowest PE of the group at 10.79, while Titan posts the highest return on equity at 32.31%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Titan Company | 4,337.90 | 3,93,523 | 68.32 | 46.75 | 32.31% | 0.93 | 3,506.50 to 5,186.70 |
| UltraTech Cement | 11,104 | 3,20,895 | 37.44 | 29.41 | 10.66% | 0.31 | 10,325.00 to 13,110.00 |
| NTPC | 303.75 | 3,05,632 | 10.79 | 21.61 | 13.31% | 1.33 | 298.00 to 414.40 |
| Bajaj Auto | 10,485 | 2,90,518 | 25.15 | 23.82 | 27.67% | 0.58 | 8,605.00 to 12,470.00 |
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.
NTPC: Five-Year Gain of 110.40%
NTPC is India’s largest power generation company and is growing its renewable energy portfolio. It reported FY26 revenue of Rs 1,89,798.56 crore and net profit of Rs 30,009.98 crore, up 48.19%. Net profit has compounded at 18.01% a year since FY22, while revenue has grown 8.89% a year. Operating margin was 32.45% in FY26.
In the June 2026 quarter, revenue rose 6.94% to Rs 51,141.51 crore and net profit grew 12.90% to Rs 6,896.44 crore. The share price has gained 110.40% over five years. Domestic institutions raised their holding from 28.92% in June 2025 to 29.44% in June 2026. The stock trades at a PE of 10.79 against an industry PE of 21.61, below the sector average, with a return on equity of 13.31%. The dividend yield is 2.86%.
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.
The stock trades at a PE of 25.15 against an industry PE of 23.82, with a return on equity of 27.67%. 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.
Profit Growth Above Long-Term Average Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these profit growth above long-term average 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) | 4-Year Revenue CAGR | 4-Year Net Profit CAGR | Latest Quarter Revenue Growth | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Titan | 88,136 | 5,073 | 32.00% | 23.26% | 29.31% | 14.61% |
| UltraTech Cement | 89,089.04 | 8,188.35 | 13.81% | 3.36% | 15.49% | 20.83% |
| NTPC | 1,89,798.56 | 30,009.98 | 8.89% | 18.01% | 6.94% | 35.04% |
| Bajaj Auto | 65,087.22 | 10,574.50 | 17.26% | 14.44% | 64.02% | 24.99% |
Check the Univest Screener for live data on these profit growth above long-term average stocks
Institutional Holding in Titan, UltraTech Cement, NTPC and Bajaj Auto
Institutional holding shows who is backing these profit growth above long-term average stocks alongside the promoter. The table uses the latest reported quarter for each. NTPC has the deepest institutional backing, with FII and DII together holding 45.74% 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%), NTPC (from 28.92% to 29.44%) and Bajaj Auto (from 12.09% to 13.54%).
| 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 |
| NTPC | 51.10% | 16.30% | 29.44% | 3.15% | June 2026 |
| Bajaj Auto | 55.01% | 9.01% | 13.54% | 22.44% | June 2026 |
Risks to Weigh in Profit Growth Above Long-Term Average Stocks
Being careful with profit growth above long-term average 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: Titan trades at a PE of 68.32 against an industry PE of 46.75, 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 Growth Above Long-Term Average Stocks
Picking from profit growth above long-term average 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 (21.61 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.
Download the Univest iOS App or Univest Android App to track Titan, UltraTech Cement, NTPC and Bajaj Auto live prices.
Conclusion
Among profit growth above long-term average stocks, Titan stands out for the highest return on equity at 32.31%, UltraTech Cement for 16.15% revenue growth in FY26, NTPC for the lowest PE of the group at 10.79 and Bajaj Auto for the biggest five-year price gain at 165.89%. 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 growth above long-term average 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 Growth Above Long-Term Average Stocks to Watch
Which are the best profit growth above long-term average stocks to watch for multibagger potential?
Ans. Titan, UltraTech Cement, NTPC and Bajaj Auto are the 4 names this list highlights, with market caps of Rs 3,93,523 crore, Rs 3,20,895 crore, Rs 3,05,632 crore and Rs 2,90,518 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. NTPC offers the lowest PE of the group at 10.79. Bajaj Auto brings the biggest five-year price gain at 165.89%. These are watchlist names for profit growth above long-term average 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 growth above long-term average stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can NTPC become a multibagger from here?
Ans. NTPC has already gained 110.40% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in profit growth above long-term average stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 18.01% a year since FY22, and June 2026 quarter net profit grew 12.90%. At a PE of 10.79 against an industry PE of 21.61, valuation should be checked against that growth before investing.
What is the market cap of Titan, UltraTech Cement, NTPC and Bajaj Auto?
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, NTPC has a market cap of Rs 3,05,632 crore and Bajaj Auto has a market cap of Rs 2,90,518 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 growth above long-term average stocks.
What are the risks of investing in profit growth above long-term average 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. Titan trades at a PE of 68.32 against an industry PE of 46.75, so earnings growth needs to hold up.
Why is Titan trading at a PE of 68.32?
Ans. Titan’s PE of 68.32 compares with an industry PE of 46.75. The market is paying a premium for a return on equity of 32.31%, profit growth of 23.26% a year since FY22 and latest-quarter profit growth of 62.88%, which also means the stock is more sensitive if growth slows. Investors in profit growth above long-term average 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, NTPC and Bajaj Auto?
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%), 45.74% of NTPC (16.30% and 29.44%) and 22.55% of Bajaj Auto (9.01% and 13.54%). Rising institutional holding is a useful signal in profit growth above long-term average stocks, though it should be read with earnings trends rather than on its own.
