Forty Percent Quarterly Profit Growth Stocks to Buy in November 2026: 5 Names on the Watchlist
- November 6, 2026
- Posted by: Harsh Piplani
- Category: Best Stocks
Apollo Hospitals Rs 8,371. BoM Rs 85.10. NTPC Green Rs 83.69. Sundaram Finance Rs 4,222. M&M Rs 3,128. NSE closing prices, 5 Nov 2026.
Quick Answer
Five forty percent quarterly profit growth stocks to buy on the November 2026 watchlist are Apollo Hospitals Enterprise, Bank of Maharashtra, NTPC Green Energy, Sundaram Finance and Mahindra and Mahindra. All five grew revenue in their latest full year, and all five also grew net profit. Bank of Maharashtra has both the lowest P/E at 7.77 and the highest return on equity at 22.53%. Check each valuation against your own risk appetite before acting.
The forty percent quarterly profit growth stocks to buy in November 2026 start with five listed names: Apollo Hospitals Enterprise, Bank of Maharashtra, NTPC Green Energy, Sundaram Finance and Mahindra and Mahindra. These five companies grew net profit in the September 2026 quarter by between about 37% and 41% from a year earlier. Apollo Hospitals and Mahindra and Mahindra are both part of the Nifty 50.
This article ranks none of them as a sure thing. It lays out the numbers each company has reported, how the shares are priced today and what an investor should check before adding any of these forty percent quarterly profit growth stocks to buy to a portfolio. All prices are NSE closing prices of 5 November 2026, and financials come from company filings.
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Which Are the Best Forty Percent Quarterly Profit Growth Stocks to Buy in November 2026?
The best forty percent quarterly profit growth stocks to buy in November 2026 for a watchlist are Apollo Hospitals Enterprise, Bank of Maharashtra, NTPC Green Energy, Sundaram Finance and Mahindra and Mahindra. They were picked because each has complete reported financials, profit in the latest quarter and an NSE listing. The table puts their market data side by side.
| Company | CMP (Rs) | Market Cap | P/E | ROE | Dividend Yield |
|---|---|---|---|---|---|
| Apollo Hospitals Enterprise | 8,371 | Rs 1,17,875 crore | 54.27 | 20.48% | 0.24% |
| Bank of Maharashtra | 85.10 | Rs 62,225 crore | 7.77 | 22.53% | 1.48% |
| NTPC Green Energy | 83.69 | Rs 70,722 crore | 116.57 | 2.76% | 0.00% |
| Sundaram Finance | 4,222 | Rs 43,563 crore | 19.62 | 13.82% | 1.02% |
| Mahindra and Mahindra | 3,128 | Rs 3,56,893 crore | 17.63 | 18.37% | 1.11% |
On valuation, Apollo Hospitals Enterprise, Bank of Maharashtra and Mahindra and Mahindra trade below the industry P/E; NTPC Green Energy and Sundaram Finance carry a premium. Valuation is the first filter for any forty percent quarterly profit growth stocks to buy list, and it is covered again in the risk section.
Why These Forty Percent Quarterly Profit Growth Stocks to Buy Are in Focus
In this list, FY26 net profit and revenue also grew for every company. The list covers India’s largest private hospital chain, a public sector bank with a strong Maharashtra presence, the renewable energy arm of NTPC, a long-established vehicle finance company and India’s leading SUV and tractor maker. Investors comparing the best forty percent quarterly profit growth stocks in India usually check whether the pace holds and how the shares are valued.
Apollo Hospitals Enterprise: The Hospital Chain Leader Among Forty Percent Quarterly Profit Growth Stocks to Buy
Apollo Hospitals Enterprise is India’s largest private hospital chain, which also runs a large pharmacy network and a digital health arm. Its market capitalisation is Rs 1,17,875 crore, the share price is Rs 8,371 and the P/E of 54.27 compares with an industry P/E of 61.50.
Over FY26, net profit rose 33.1% to Rs 2,003 crore on revenue of Rs 25,420 crore, which was up 15.6%. The latest quarter, the June 2026 quarter, brought revenue of Rs 7,092 crore, up 20.6% year on year, and net profit of Rs 610 crore, up 38.4%.
Return on equity is 20.48%, debt-to-equity is 0.90, and the dividend yield is 0.24%. Promoters hold 28.02%, foreign institutions 43.18% and domestic institutions 22.07% as of September 2026.
Bank of Maharashtra: The Growing Public Sector Bank Among Forty Percent Quarterly Profit Growth Stocks to Buy
Bank of Maharashtra is a public sector bank with a strong presence in Maharashtra and a growing loan book. The stock trades at Rs 85.10 with a market capitalisation of Rs 62,225 crore and a P/E of 7.77, against an industry P/E of 11.45.
FY26 revenue rose 15.6% to Rs 32,824 crore and net profit rose 26.6% to Rs 7,017 crore. In the September 2026 quarter, revenue grew 22.1% year on year to Rs 9,736 crore, while net profit grew 41.4% to Rs 2,310 crore.
Return on equity is 22.53%, and the dividend yield is 1.48%. Promoters hold 73.60%, foreign institutions 6.51% and domestic institutions 13.77% as of September 2026. Domestic institutional holding has risen from 10.05% to 13.77% over the last year.
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NTPC Green Energy: The Green Power Arm of NTPC Among Forty Percent Quarterly Profit Growth Stocks to Buy
NTPC Green Energy is the renewable energy arm of NTPC, building solar and wind capacity. At Rs 83.69, the stock has a market capitalisation of Rs 70,722 crore and trades at 116.57 times earnings, while the industry P/E is 19.93.
Reported numbers show FY26 revenue of Rs 3,035 crore, up 23.1% year on year, with net profit at Rs 521 crore, up 10.0%. The June 2026 quarter added revenue of Rs 1,122 crore (up 49.2%) and net profit of Rs 305 crore (up 38.3%).
Return on equity is 2.76%, debt-to-equity is 1.67, and the dividend yield is negligible. Promoters hold 89.01%, foreign institutions 1.58% and domestic institutions 5.29% as of September 2026. A point to keep in view: at a P/E of 116.57, expectations are already high, and return on equity is a modest 2.76%.
Sundaram Finance: The Vehicle Finance Veteran Among Forty Percent Quarterly Profit Growth Stocks to Buy
Sundaram Finance is a long-established vehicle finance company in the TVS group. Its market capitalisation is Rs 43,563 crore, the share price is Rs 4,222 and the P/E of 19.62 compares with an industry P/E of 16.13.
Over FY26, net profit rose 10.6% to Rs 2,005 crore on revenue of Rs 9,873 crore, which was up 15.3%. The latest quarter, the June 2026 quarter, brought revenue of Rs 2,653 crore, up 12.8% year on year, and net profit of Rs 569 crore, up 38.1%.
Return on equity is 13.82%, and the dividend yield is 1.02%. Promoters hold 37.19%, foreign institutions 17.99% and domestic institutions 8.88% as of September 2026. Domestic institutional holding has risen from 6.84% to 8.88% over the last year.
Mahindra and Mahindra: The SUV and Tractor Leader Among Forty Percent Quarterly Profit Growth Stocks to Buy
Mahindra and Mahindra is India’s leading SUV and tractor maker, with farm equipment, commercial vehicles and services arms. The stock trades at Rs 3,128 with a market capitalisation of Rs 3,56,893 crore and a P/E of 17.63, against an industry P/E of 23.63.
FY26 revenue rose 25.2% to Rs 2,02,084 crore and net profit rose 32.3% to Rs 18,622 crore. In the June 2026 quarter, revenue grew 27.5% year on year to Rs 59,204 crore, while net profit grew 37.0% to Rs 5,998 crore.
Return on equity is 18.37%, debt-to-equity is 1.44, and the dividend yield is 1.11%. Promoters hold 18.39%, foreign institutions 33.35% and domestic institutions 34.24% as of September 2026. Domestic institutional holding has risen from 29.96% to 34.24% over the last year.
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Growth Snapshot: Latest Full Year and Latest Quarter
The table compares year-on-year growth in revenue and net profit for all five forty percent quarterly profit growth stocks, using filed results.
| Company | Full-Year Revenue Growth | Full-Year Profit Growth | Latest Quarter | Quarter Revenue Growth | Quarter Profit Growth |
|---|---|---|---|---|---|
| Apollo Hospitals Enterprise | 15.6% | 33.1% | Jun 2026 | 20.6% | 38.4% |
| Bank of Maharashtra | 15.6% | 26.6% | Sep 2026 | 22.1% | 41.4% |
| NTPC Green Energy | 23.1% | 10.0% | Jun 2026 | 49.2% | 38.3% |
| Sundaram Finance | 15.3% | 10.6% | Jun 2026 | 12.8% | 38.1% |
| Mahindra and Mahindra | 25.2% | 32.3% | Jun 2026 | 27.5% | 37.0% |
Factors That Move Forty Percent Quarterly Profit Growth Stocks to Buy
Four factors tend to drive forty percent quarterly profit growth stocks, and each one is worth checking before a purchase.
- Quarterly growth: Profit rose above 37% for each.
- Revenue support: FY26 sales grew for all five.
- Return on equity: Bank of Maharashtra leads at about 23%.
- Valuation: P/E runs from about 8 to 117.
Risks to Keep in Mind Before Buying Forty Percent Quarterly Profit Growth Stocks
The first risk is that NTPC Green Energy trades at a P/E near 117, so expectations are high. The second is that the bank and vehicle lender react quickly to interest rates and credit cycles. Check results every quarter.
On the numbers, NTPC Green Energy trades at the highest P/E on this list at 116.57, so its earnings need to keep growing to support the price. Forty Percent Quarterly Profit Growth stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.
How to Choose Forty Percent Quarterly Profit Growth Stocks to Buy
- Compare growth: Apollo Hospitals grew FY26 profit most, by about 33%.
- Check P/E: Bank of Maharashtra trades lowest.
- Read the yield: Bank of Maharashtra pays the most.
- Spread sectors: Mix health, banking, power, finance and autos.
How to Invest in Forty Percent Quarterly Profit Growth Stocks
- Shortlist two or three companies from this list that match your risk appetite.
- Open the Univest Screener and compare P/E, ROE and debt for each stock.
- Check the latest quarterly results and shareholding pattern on NSE or BSE.
- Decide an amount you can hold for three to five years and split it into two or three purchases.
- Review the holding after every quarterly result instead of reacting to daily price moves.
Conclusion
Bank of Maharashtra offers both the lowest P/E on this list at 7.77 and the highest return on equity at 22.53%, and Apollo Hospitals Enterprise posted the fastest net profit growth in its latest full year at 33.1%. Among the best forty percent quarterly profit growth stocks in India, these five give investors a spread of size, valuation and growth, so the right pick depends on risk appetite and holding period. Spread the entry, keep position sizes sensible and consult a SEBI-registered advisor before investing in any of these forty percent quarterly profit growth stocks to buy.
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 Forty Percent Quarterly Profit Growth Stocks to Buy
Which are the best forty percent quarterly profit growth stocks to buy in November 2026?
Ans. The five forty percent quarterly profit growth stocks on the November 2026 watchlist are Apollo Hospitals Enterprise, Bank of Maharashtra, NTPC Green Energy, Sundaram Finance and Mahindra and Mahindra. Bank of Maharashtra has both the lowest P/E at 7.77 and the highest ROE at 22.53%, and Apollo Hospitals Enterprise grew net profit 33.1% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.
Is Mahindra and Mahindra a good stock to buy from this Forty Percent Quarterly Profit Growth list?
Ans. Mahindra and Mahindra is the largest company on this list with a market capitalisation of Rs 3,56,893 crore and a P/E of 17.63 against an industry P/E of 23.63. Its FY26 revenue rose 25.2% and net profit rose 32.3%, with return on equity at 18.37%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.
Are these forty percent quarterly profit growth stocks expensive right now?
Ans. Valuations vary across the group. Apollo Hospitals Enterprise trades at a P/E of 54.27, Bank of Maharashtra trades at a P/E of 7.77, NTPC Green Energy trades at a P/E of 116.57, Sundaram Finance trades at a P/E of 19.62, Mahindra and Mahindra trades at a P/E of 17.63, against industry multiples ranging from 11.45 to 61.50. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.
Which of these forty percent quarterly profit growth stocks pay a dividend?
Ans. Dividend yields on this list are Apollo Hospitals Enterprise 0.24%, Bank of Maharashtra 1.48%, Sundaram Finance 1.02%, Mahindra and Mahindra 1.11%. Yields are modest across the group, so most investors look at these stocks for growth in earnings rather than for income, and payouts can change with company profits.
Which stock on this list has the highest return on equity?
Ans. Bank of Maharashtra has the highest ROE on this list at 22.53%, followed by Apollo Hospitals Enterprise at 20.48% and Mahindra and Mahindra at 18.37%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.
What are the risks of investing in forty percent quarterly profit growth stocks?
Ans. The main risks are a very high valuation at one name, interest rate and credit cycles and difficulty repeating rapid growth. On this list, NTPC Green Energy trades at the highest P/E of 116.57, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.
How can I invest in forty percent quarterly profit growth stocks in India?
Ans. You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.
