4 Midcap Revenue Growth Above Long-Term Average Stocks to Watch for Future Multibagger Potential: Lupin, Sona BLW, Kalyan Jewellers and Aegis Logistics
- October 29, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Lupin Rs 1,972.70. Sona BLW Rs 879.45. Kalyan Jewellers Rs 510. Aegis Logistics Rs 1,182.90. Market caps from Rs 43,950 crore to Rs 91,955 crore. Data as of 28 Oct 2026.
Quick Answer
Lupin, Sona BLW, Kalyan Jewellers and Aegis Logistics are the 4 picks in this revenue growth above long-term average stocks watchlist, with market caps between Rs 43,950 crore and Rs 91,955 crore. Lupin stands out for the highest return on equity at 23.76%, while Sona BLW offers a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.07. PE ratios run from 16.57 to 83.46, so compare each one with its industry PE before investing. All figures are as of 28 October 2026.
Revenue 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. Lupin, Sona BLW, Kalyan Jewellers and Aegis Logistics meet that test, with market caps from Rs 43,950 crore to Rs 91,955 crore and Lupin offering the highest return on equity at 23.76%. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and FY26 revenue growth at least 3 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 a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and FY26 revenue growth at least 3 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, 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 revenue 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 Revenue Growth Above Long-Term Average Stocks and Why Do They Attract Multibagger Interest?
Revenue growth above long-term average stocks are shares of mid sized companies whose sales grew faster in FY26 than the average pace of the last four years, a sign that demand is rising. The four here cover pharmaceuticals, jewellery, auto components and gas logistics.
Sales that grow faster than their own long term average point to rising demand and a widening customer base, and rising profit shows that the extra sales are paying off. For revenue growth above long-term average stocks, both FY26 and the latest quarter showed growth. Whichever way you read revenue growth above long-term average stocks, the common thread is rising profit backed by complete financial data. For revenue 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 revenue growth above long-term average stocks, using FY26 and latest quarter data. Prices move daily, so recheck the figures for revenue growth above long-term average stocks before you decide.
Revenue Growth Above Long-Term Average Stocks at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 28 October 2026. Lupin combines the lowest PE of the group, 16.57, with the highest return on equity, 23.76%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Lupin | 1,972.70 | 91,955 | 16.57 | 36.42 | 23.76% | 0.29 | 1,900.00 to 2,529.50 |
| Sona BLW Precision Forgings | 879.45 | 57,251 | 83.46 | 37.33 | 10.70% | 0.07 | 434.40 to 879.45 |
| Kalyan Jewellers India | 510 | 53,299 | 37.16 | 46.75 | 21.41% | 0.97 | 327.05 to 648.95 |
| Aegis Logistics | 1,182.90 | 43,950 | 29.78 | 54.37 | 14.83% | 0.69 | 576.10 to 1,528.70 |
Lupin: Revenue Up 26.76% in FY26
Lupin is a global pharmaceutical company with a large presence in the United States, India and other markets across generics, branded drugs and respiratory products. It reported FY26 revenue of Rs 29,038.95 crore, up 26.76% year on year, and net profit of Rs 5,355.47 crore, up 61.98%. Revenue has compounded at 14.98% a year since FY22. Operating margin was 31.06% in FY26. The debt-to-equity ratio is 0.29.
In the June 2026 quarter, revenue rose 32.45% to Rs 8,407.21 crore and net profit grew 16.01% to Rs 1,416.98 crore. The share price has gained 111.00% over five years. Foreign investors raised their holding from 21.25% in June 2025 to 22.42% in June 2026. The stock trades at a PE of 16.57 against an industry PE of 36.42, below the sector average, with a return on equity of 23.76%.
Sona BLW: Revenue Up 24.19% in FY26
Sona BLW makes differential gears, motors and drive systems for electric and conventional vehicles for customers around the world. It reported FY26 revenue of Rs 4,572.11 crore, up 24.19% year on year, and net profit of Rs 629.19 crore, up 4.92%. Net profit has compounded at 14.86% a year since FY22, while revenue has grown 20.75% a year. Operating margin was 25.91% in FY26. The debt-to-equity ratio is 0.07, which keeps interest costs low.
The stock trades at a PE of 83.46 against an industry PE of 37.33. In the June 2026 quarter, revenue rose 49.27% to Rs 1,336.07 crore and net profit grew 46.67% to Rs 178.51 crore. The share price is up 70.74% over the past year. Domestic institutions raised their holding from 34.59% in June 2025 to 41.61% in June 2026.
Kalyan Jewellers: 56.69% Profit CAGR Since FY22
Kalyan Jewellers is one of the largest jewellery retailers in India, with showrooms across India and the Middle East. It reported FY26 revenue of Rs 35,950.88 crore, up 42.72% year on year, and net profit of Rs 1,350.39 crore, up 89.09%. Net profit has compounded at 56.69% a year since FY22, while revenue has grown 34.90% a year. Operating margin was 7.62% in FY26.
In the June 2026 quarter, revenue rose 45.52% to Rs 10,644.67 crore and net profit grew 32.03% to Rs 348.67 crore. The share price has gained 618.28% over five years and 14.90% over the past year. Promoters hold 62.85%, which keeps ownership stable. The stock trades at a PE of 37.16 against an industry PE of 46.75, below the sector average, with a return on equity of 21.41%.
Aegis Logistics: 30.21% Profit CAGR Since FY22
Aegis Logistics stores and handles liquid and gas products at port terminals and distributes LPG. It reported FY26 revenue of Rs 8,659.79 crore, up 24.21% year on year, and net profit of Rs 1,106.63 crore, up 40.54%. Net profit has compounded at 30.21% a year since FY22, while revenue has grown 16.70% a year. Operating margin was 21.34% in FY26.
The stock trades at a PE of 29.78 against an industry PE of 54.37, below the sector average, with a return on equity of 14.83%. In the June 2026 quarter, revenue rose 38.23% to Rs 2,463.17 crore and net profit grew 210.70% to Rs 544.84 crore. The share price has gained 505.66% over five years and 70.64% over the past year. Foreign investors raised their holding from 16.88% in September 2025 to 19.13% in September 2026.
Revenue Growth Above Long-Term Average Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these revenue 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) | Revenue Growth (YoY) | 4-Year Revenue CAGR | Latest Quarter Revenue Growth | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Lupin | 29,038.95 | 5,355.47 | 26.76% | 14.98% | 32.45% | 31.40% |
| Sona BLW | 4,572.11 | 629.19 | 24.19% | 20.75% | 49.27% | 25.23% |
| Kalyan Jewellers | 35,950.88 | 1,350.39 | 42.72% | 34.90% | 45.52% | 6.50% |
| Aegis Logistics | 8,659.79 | 1,106.63 | 24.21% | 16.70% | 38.23% | 34.79% |
Check the Univest Screener for live data on these revenue growth above long-term average stocks
Institutional Holding in Lupin, Sona BLW, Kalyan Jewellers and Aegis Logistics
Institutional holding shows who is backing these revenue growth above long-term average stocks alongside the promoter. The table uses the latest reported quarter for each. Sona BLW has the deepest institutional backing, with FII and DII together holding 65.22% as of June 2026. Domestic institutions increased their holding over the past year in Sona BLW (from 34.59% to 41.61%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Lupin | 46.85% | 22.42% | 24.65% | 6.08% | June 2026 |
| Sona BLW | 28.01% | 23.61% | 41.61% | 6.77% | June 2026 |
| Kalyan Jewellers | 62.85% | 13.83% | 14.41% | 8.91% | September 2026 |
| Aegis Logistics | 58.10% | 19.13% | 4.01% | 18.77% | September 2026 |
Risks to Weigh in Revenue Growth Above Long-Term Average Stocks
Being careful with revenue 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: Sona BLW trades at a PE of 83.46 against an industry PE of 37.33, 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 Revenue Growth Above Long-Term Average Stocks
Picking from revenue 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 (36.42 to 54.37) 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 revenue growth above long-term average stocks, Lupin stands out for the highest return on equity at 23.76%, Sona BLW for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.07, Kalyan Jewellers for the fastest profit growth, 56.69% a year since FY22 and Aegis Logistics for the strongest latest-quarter profit growth at 210.70%. 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 revenue 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 Revenue Growth Above Long-Term Average Stocks to Watch
Which are the best revenue growth above long-term average stocks to watch for multibagger potential?
Ans. Lupin, Sona BLW, Kalyan Jewellers and Aegis Logistics are the 4 names this list highlights, with market caps of Rs 91,955 crore, Rs 57,251 crore, Rs 53,299 crore and Rs 43,950 crore respectively. Lupin is notable for the highest return on equity at 23.76%. Sona BLW stands out for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.07. Kalyan Jewellers offers the fastest profit growth, 56.69% a year since FY22. Aegis Logistics brings the strongest latest-quarter profit growth at 210.70%. These are watchlist names for revenue growth above long-term average stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Lupin a good stock for long-term investors?
Ans. Lupin has a return on equity of 23.76%, a PE of 16.57 against an industry PE of 36.42 and a market cap of Rs 91,955 crore. FY26 revenue rose 26.76%, and June 2026 quarter net profit grew 16.01%. Long-term returns in revenue 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 Kalyan Jewellers become a multibagger from here?
Ans. Kalyan Jewellers has already gained 618.28% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in revenue growth above long-term average stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 56.69% a year since FY22, and FY26 revenue rose 42.72%. At a PE of 37.16 against an industry PE of 46.75, valuation should be checked against that growth before investing.
What is the market cap of Lupin, Sona BLW, Kalyan Jewellers and Aegis Logistics?
Ans. As of 28 October 2026, Lupin has a market cap of Rs 91,955 crore, Sona BLW has a market cap of Rs 57,251 crore, Kalyan Jewellers has a market cap of Rs 53,299 crore and Aegis Logistics has a market cap of Rs 43,950 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 revenue growth above long-term average stocks.
What are the risks of investing in revenue 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. Sona BLW trades at a PE of 83.46 against an industry PE of 37.33, so earnings growth needs to hold up.
Why is Sona BLW trading at a PE of 83.46?
Ans. Sona BLW’s PE of 83.46 compares with an industry PE of 37.33. The market is paying a premium for profit growth of 14.86% a year since FY22, latest-quarter profit growth of 46.67% and FY26 revenue growth of 24.19%, which also means the stock is more sensitive if growth slows. Investors in revenue 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 Lupin, Sona BLW, Kalyan Jewellers and Aegis Logistics?
Ans. As of the latest reported quarter, FII and DII together hold 47.07% of Lupin (22.42% and 24.65%), 65.22% of Sona BLW (23.61% and 41.61%), 28.24% of Kalyan Jewellers (13.83% and 14.41%) and 23.14% of Aegis Logistics (19.13% and 4.01%). Rising institutional holding is a useful signal in revenue growth above long-term average stocks, though it should be read with earnings trends rather than on its own.
