4 Largecap Net Profit Margin Between 10 and 20 Per Cent Stocks to Watch for Future Multibagger Potential: NTPC, Torrent Pharma, Union Bank and Cholamandalam
- October 27, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
NTPC Rs 300. Torrent Pharma Rs 4,550. Union Bank Rs 181.20. Cholamandalam Rs 1,447.90. Market caps from Rs 1.28 lakh crore to Rs 3.02 lakh crore. Data as of 26 Oct 2026.
Quick Answer
NTPC, Torrent Pharma, Union Bank and Cholamandalam are the 4 picks in this net profit margin between 10 and 20 per cent stocks watchlist, with market caps between Rs 1.28 lakh crore and Rs 3.02 lakh crore. NTPC stands out for the largest market cap at Rs 3,01,859 crore, while Torrent Pharma offers the highest return on equity at 25.49%. PE ratios run from 6.33 to 80.11, so compare each one with its industry PE before investing. All figures are as of 26 October 2026.
Net profit margin between 10 and 20 per cent stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. NTPC, Torrent Pharma, Union Bank and Cholamandalam meet that test, with market caps from Rs 1.28 lakh crore to Rs 3.02 lakh crore and NTPC offering the largest market cap at Rs 3,01,859 crore. Each of these companies has an FY26 net profit margin between 10 and 20 per cent, 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 an FY26 net profit margin between 10 and 20 per cent, 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 net profit margin between 10 and 20 per cent stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 26 October 2026 and are drawn from NSE and BSE data and company filings.
Click Here – Get Free Investment Predictions
What Are Net Profit Margin Between 10 and 20 Per Cent Stocks and Why Do They Attract Multibagger Interest?
Net profit margin between 10 and 20 per cent stocks are shares of large companies that turned 10 to 20 paise of every rupee of sales into net profit in FY26, a solid margin after all costs, interest and tax. The four here cover power generation, pharmaceuticals, public sector banking and vehicle finance.
A net margin in this band shows that a company converts a good share of its sales into profit that shareholders can count on. Within net profit margin between 10 and 20 per cent stocks, the four companies show rising profit. For net profit margin between 10 and 20 per cent stocks, both FY26 and the latest quarter showed growth. Whichever way you read net profit margin between 10 and 20 per cent stocks, the common thread is rising profit backed by complete financial data. For net profit margin between 10 and 20 per cent stocks, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of net profit margin between 10 and 20 per cent stocks, using FY26 and latest quarter data. Prices move daily, so recheck the figures for net profit margin between 10 and 20 per cent stocks before you decide.
Net Profit Margin Between 10 and 20 Per Cent Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 26 October 2026. Union Bank has the lowest PE of the group at 6.33, while Torrent Pharma posts the highest return on equity at 25.49%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| NTPC | 300 | 3,01,859 | 10.66 | 21.61 | 13.31% | 1.49 | 298.00 to 414.40 |
| Torrent Pharmaceuticals | 4,550 | 1,72,717 | 80.11 | 36.42 | 25.49% | 20.54 | 3,480.60 to 5,250.00 |
| Union Bank of India | 181.20 | 1,30,642 | 6.33 | 12.02 | 15.57% | 0.98 | 135.80 to 205.49 |
| Cholamandalam Investment and Finance | 1,447.90 | 1,28,052 | 22.26 | 17.68 | 17.18% | 4.18 | 1,299.40 to 1,952.50 |
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 10.66 against an industry PE of 21.61, below the sector average, with a return on equity of 13.31%. The dividend yield is 2.89%.
Torrent Pharma: 28.79% Profit CAGR Since FY22
Torrent Pharmaceuticals makes branded medicines for chronic therapies such as cardiac, gastro-intestinal and central nervous system care in India and overseas. It reported FY26 revenue of Rs 13,886.15 crore, up 20.34% year on year, and net profit of Rs 2,138.18 crore, up 11.87%. Net profit has compounded at 28.79% a year since FY22, while revenue has grown 12.38% a year. Operating margin was 22.70% in FY26.
The stock trades at a PE of 80.11 against an industry PE of 36.42, with a return on equity of 25.49%. In the June 2026 quarter, revenue rose 56.29% to Rs 4,909 crore and net profit grew 3.28% to Rs 566 crore. The share price has gained 194.63% over five years and 29.72% over the past year. Domestic institutions raised their holding from 9.28% in September 2025 to 12.87% in July 2026.
Union Bank: 37.80% Profit CAGR Since FY22
Union Bank of India is a large government-owned bank that serves retail, MSME and corporate customers across India. It reported FY26 total income of Rs 1,28,399.52 crore, up 0.19% year on year, and net profit of Rs 18,780.63 crore, up 4.80%. Net profit has compounded at 37.80% a year since FY22, while total income has grown 11.95% a year.
In the June 2026 quarter, total income rose 2.17% to Rs 32,660.24 crore and net profit grew 29.77% to Rs 5,368.17 crore. The share price has gained 249.43% over five years and 23.10% over the past year. Foreign investors raised their holding from 7.70% in June 2025 to 8.63% in June 2026. The stock trades at a PE of 6.33 against an industry PE of 12.02, below the sector average, with a return on equity of 15.57%. The dividend yield is 2.93%.
Cholamandalam: 24.75% Profit CAGR Since FY22
Cholamandalam Investment and Finance, part of the Murugappa Group, offers vehicle finance, home loans and loans against property. It reported FY26 total income of Rs 31,538.73 crore, up 20.60% year on year, and net profit of Rs 5,228.88 crore, up 22.74%. Net profit has compounded at 24.75% a year since FY22, while total income has grown 32.50% a year.
The stock trades at a PE of 22.26 against an industry PE of 17.68, with a return on equity of 17.18%. In the June 2026 quarter, total income rose 21.81% to Rs 8,956.68 crore and net profit grew 45.56% to Rs 1,656.22 crore. The share price has gained 165.09% over five years. Domestic institutions raised their holding from 16.06% in June 2025 to 20.62% in June 2026.
Net Profit Margin Between 10 and 20 Per Cent Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these net profit margin between 10 and 20 per cent 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 |
|---|---|---|---|---|---|
| NTPC | 1,89,798.56 | 30,009.98 | 8.89% | 18.01% | 6.94% |
| Torrent Pharma | 13,886.15 | 2,138.18 | 12.38% | 28.79% | 56.29% |
| Union Bank | 1,28,399.52 | 18,780.63 | 11.95% | 37.80% | 2.17% |
| Cholamandalam | 31,538.73 | 5,228.88 | 32.50% | 24.75% | 21.81% |
Institutional Holding in NTPC, Torrent Pharma, Union Bank and Cholamandalam
Institutional holding shows who is backing these net profit margin between 10 and 20 per cent 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 NTPC (from 28.92% to 29.44%), Torrent Pharma (from 9.28% to 12.87%) and Cholamandalam (from 16.06% to 20.62%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| NTPC | 51.10% | 16.30% | 29.44% | 3.15% | June 2026 |
| Torrent Pharma | 60.78% | 17.97% | 12.87% | 8.38% | July 2026 |
| Union Bank | 74.76% | 8.63% | 11.98% | 4.63% | June 2026 |
| Cholamandalam | 49.22% | 24.45% | 20.62% | 5.70% | June 2026 |
Risks to Weigh in Net Profit Margin Between 10 and 20 Per Cent Stocks
Being careful with net profit margin between 10 and 20 per cent 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: Torrent Pharma trades at a PE of 80.11 against an industry PE of 36.42, 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 Net Profit Margin Between 10 and 20 Per Cent Stocks
Picking from net profit margin between 10 and 20 per cent 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 (12.02 to 36.42) 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 NTPC, Torrent Pharma, Union Bank and Cholamandalam live prices.
Conclusion
Among net profit margin between 10 and 20 per cent stocks, NTPC stands out for the largest market cap at Rs 3,01,859 crore, Torrent Pharma for the highest return on equity at 25.49%, Union Bank for the fastest profit growth, 37.80% a year since FY22 and Cholamandalam for the strongest latest-quarter profit growth at 45.56%. 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 net profit margin between 10 and 20 per cent 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 Net Profit Margin Between 10 and 20 Per Cent Stocks to Watch
Which are the best net profit margin between 10 and 20 per cent stocks to watch for multibagger potential?
Ans. NTPC, Torrent Pharma, Union Bank and Cholamandalam are the 4 names this list highlights, with market caps of Rs 3,01,859 crore, Rs 1,72,717 crore, Rs 1,30,642 crore and Rs 1,28,052 crore respectively. NTPC is notable for the largest market cap at Rs 3,01,859 crore. Torrent Pharma stands out for the highest return on equity at 25.49%. Union Bank offers the fastest profit growth, 37.80% a year since FY22. Cholamandalam brings the strongest latest-quarter profit growth at 45.56%. These are watchlist names for net profit margin between 10 and 20 per cent stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Torrent Pharma a good stock for long-term investors?
Ans. Torrent Pharma has a return on equity of 25.49%, a PE of 80.11 against an industry PE of 36.42 and a market cap of Rs 1,72,717 crore. Net profit has compounded at 28.79% a year since FY22, and FY26 revenue rose 20.34% while June 2026 quarter net profit grew 3.28%. Long-term returns in net profit margin between 10 and 20 per cent stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Union Bank become a multibagger from here?
Ans. Union Bank has already gained 249.43% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in net profit margin between 10 and 20 per cent stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 37.80% a year since FY22, and FY26 revenue rose 0.19%. At a PE of 6.33 against an industry PE of 12.02, valuation should be checked against that growth before investing.
What is the market cap of NTPC, Torrent Pharma, Union Bank and Cholamandalam?
Ans. As of 26 October 2026, NTPC has a market cap of Rs 3,01,859 crore, Torrent Pharma has a market cap of Rs 1,72,717 crore, Union Bank has a market cap of Rs 1,30,642 crore and Cholamandalam has a market cap of Rs 1,28,052 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 net profit margin between 10 and 20 per cent stocks.
What are the risks of investing in net profit margin between 10 and 20 per cent 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. Torrent Pharma trades at a PE of 80.11 against an industry PE of 36.42, so earnings growth needs to hold up.
Why is Torrent Pharma trading at a PE of 80.11?
Ans. Torrent Pharma’s PE of 80.11 compares with an industry PE of 36.42. The market is paying a premium for a return on equity of 25.49%, profit growth of 28.79% a year since FY22 and FY26 revenue growth of 20.34%, which also means the stock is more sensitive if growth slows. Investors in net profit margin between 10 and 20 per cent 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 NTPC, Torrent Pharma, Union Bank and Cholamandalam?
Ans. As of the latest reported quarter, FII and DII together hold 45.74% of NTPC (16.30% and 29.44%), 30.84% of Torrent Pharma (17.97% and 12.87%), 20.61% of Union Bank (8.63% and 11.98%) and 45.07% of Cholamandalam (24.45% and 20.62%). Rising institutional holding is a useful signal in net profit margin between 10 and 20 per cent stocks, though it should be read with earnings trends rather than on its own.
