4 Largecap Profit Growth Between 25 and 50 Per Cent Stocks to Watch for Future Multibagger Potential: M&M, UltraTech Cement, Bajaj Auto and Polycab
- October 27, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
M&M Rs 2,853.10. UltraTech Cement Rs 11,180. Bajaj Auto Rs 10,071. Polycab Rs 7,739. Market caps from Rs 1.25 lakh crore to Rs 3.47 lakh crore. Data as of 26 Oct 2026.
Quick Answer
M&M, UltraTech Cement, Bajaj Auto and Polycab are the 4 picks in this profit growth between 25 and 50 per cent stocks watchlist, with market caps between Rs 1.25 lakh crore and Rs 3.47 lakh crore. M&M stands out for the lowest PE of the group at 17.12, while UltraTech Cement offers 16.15% revenue growth in FY26. PE ratios run from 17.12 to 42.99, so compare each one with its industry PE before investing. All figures are as of 26 October 2026.
Profit growth between 25 and 50 per cent stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. M&M, UltraTech Cement, Bajaj Auto and Polycab meet that test, with market caps from Rs 1.25 lakh crore to Rs 3.47 lakh crore and M&M offering the lowest PE of the group at 17.12. Each of these companies has FY26 net profit growth between 25 and 50 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 FY26 net profit growth between 25 and 50 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 profit growth between 25 and 50 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 Profit Growth Between 25 and 50 Per Cent Stocks and Why Do They Attract Multibagger Interest?
Profit growth between 25 and 50 per cent stocks are shares of large companies whose net profit grew by 25 to 50 per cent in FY26, fast enough to stand out and steady enough to sustain. The four here cover cement, utility vehicles, motorcycles and cables.
Growth in this range is strong without being a one-off spike, which makes it easier to carry forward. For profit growth between 25 and 50 per cent stocks, both FY26 and the latest quarter showed growth. Whichever way you read profit growth between 25 and 50 per cent stocks, the common thread is rising profit backed by complete financial data. A sensible way to study profit growth between 25 and 50 per cent stocks is to look at profit growth, returns and valuation side by side. Below, each of profit growth between 25 and 50 per cent stocks gets its own breakdown of growth, returns and valuation. Treat profit growth between 25 and 50 per cent stocks as a research list, since share prices and rankings change with every earnings season.
Profit Growth Between 25 and 50 Per Cent Stocks at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 26 October 2026. M&M has the lowest PE of the group at 17.12, while Bajaj Auto posts the highest return on equity at 27.67%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Mahindra & Mahindra | 2,853.10 | 3,46,727 | 17.12 | 23.82 | 18.37% | 1.44 | 2,744.30 to 3,839.90 |
| UltraTech Cement | 11,180 | 3,23,092 | 37.70 | 29.41 | 10.66% | 0.31 | 10,325.00 to 13,110.00 |
| Bajaj Auto | 10,071 | 2,79,047 | 24.16 | 23.82 | 27.67% | 0.58 | 8,605.00 to 12,470.00 |
| Polycab India | 7,739 | 1,24,880 | 42.99 | 49.96 | 22.25% | 0.02 | 6,663.00 to 10,126.00 |
M&M: 26.58% Profit CAGR Since FY22
Mahindra & Mahindra is one of the largest SUV makers in India and the country’s largest tractor maker, with financial services and electric vehicles in its portfolio. It reported FY26 revenue of Rs 2,02,084.34 crore, up 25.21% year on year, and net profit of Rs 18,621.71 crore, up 32.32%. Net profit has compounded at 26.58% a year since FY22, while revenue has grown 22.04% a year. Operating margin was 21.19% in FY26.
In the June 2026 quarter, revenue rose 27.47% to Rs 59,203.60 crore and net profit grew 37.04% to Rs 5,997.56 crore. The share price has gained 220.52% over five years. Domestic institutions raised their holding from 29.59% in June 2025 to 32.65% in June 2026. The stock trades at a PE of 17.12 against an industry PE of 23.82, below the sector average, with a return on equity of 18.37%.
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 37.70 against an industry PE of 29.41. The dividend yield is 2.19%. 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 24.16 against an industry PE of 23.82, with a return on equity of 27.67%. The dividend yield is 1.50%.
Polycab: 33.79% Profit CAGR Since FY22
Polycab India is a leading maker of wires and cables in India, with a growing fast-moving electrical goods business. It reported FY26 revenue of Rs 29,120.04 crore, up 28.76% year on year, and net profit of Rs 2,708.43 crore, up 32.41%. Net profit has compounded at 33.79% a year since FY22, while revenue has grown 24.06% a year. Operating margin was 14.69% in FY26. The debt-to-equity ratio is 0.02, which keeps interest costs low.
The stock trades at a PE of 42.99 against an industry PE of 49.96, below the sector average, with a return on equity of 22.25%. In the June 2026 quarter, revenue rose 38.90% to Rs 8,314.65 crore and net profit grew 32.84% to Rs 796.65 crore. The share price has gained 230.55% over five years. Foreign investors raised their holding from 11.44% in June 2025 to 19.00% in June 2026.
Profit Growth Between 25 and 50 Per Cent Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these profit growth between 25 and 50 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) | Revenue Growth (YoY) | 4-Year Revenue CAGR | 4-Year Net Profit CAGR | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| M&M | 2,02,084.34 | 18,621.71 | 25.21% | 22.04% | 26.58% | 20.77% |
| 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% |
| Polycab | 29,120.04 | 2,708.43 | 28.76% | 24.06% | 33.79% | 15.12% |
Check the Univest Screener for live data on these profit growth between 25 and 50 per cent stocks
Institutional Holding in M&M, UltraTech Cement, Bajaj Auto and Polycab
Institutional holding shows who is backing these profit growth between 25 and 50 per cent stocks alongside the promoter. The table uses the latest reported quarter for each. M&M has the deepest institutional backing, with FII and DII together holding 67.54% as of June 2026. Domestic institutions increased their holding over the past year in M&M (from 29.59% to 32.65%), UltraTech Cement (from 16.65% to 20.86%) and Bajaj Auto (from 12.09% to 13.54%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| M&M | 18.45% | 34.89% | 32.65% | 14.01% | 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 |
| Polycab | 61.46% | 19.00% | 7.62% | 11.92% | June 2026 |
Risks to Weigh in Profit Growth Between 25 and 50 Per Cent Stocks
Being careful with profit growth between 25 and 50 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: UltraTech Cement trades at a PE of 37.70 against an industry PE of 29.41, 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 Between 25 and 50 Per Cent Stocks
Picking from profit growth between 25 and 50 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 (23.82 to 49.96) 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 M&M, UltraTech Cement, Bajaj Auto and Polycab live prices.
Conclusion
Among profit growth between 25 and 50 per cent stocks, M&M stands out for the lowest PE of the group at 17.12, UltraTech Cement for 16.15% revenue growth in FY26, Bajaj Auto for the highest return on equity at 27.67% and Polycab for the fastest profit growth, 33.79% 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 growth between 25 and 50 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 Profit Growth Between 25 and 50 Per Cent Stocks to Watch
Which are the best profit growth between 25 and 50 per cent stocks to watch for multibagger potential?
Ans. M&M, UltraTech Cement, Bajaj Auto and Polycab are the 4 names this list highlights, with market caps of Rs 3,46,727 crore, Rs 3,23,092 crore, Rs 2,79,047 crore and Rs 1,24,880 crore respectively. M&M is notable for the lowest PE of the group at 17.12. UltraTech Cement stands out for 16.15% revenue growth in FY26. Bajaj Auto offers the highest return on equity at 27.67%. Polycab brings the fastest profit growth, 33.79% a year since FY22. These are watchlist names for profit growth between 25 and 50 per cent stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Bajaj Auto a good stock for long-term investors?
Ans. Bajaj Auto has a return on equity of 27.67%, a PE of 24.16 against an industry PE of 23.82 and a market cap of Rs 2,79,047 crore. Net profit has compounded at 14.44% a year since FY22, and FY26 revenue rose 24.05% while June 2026 quarter net profit grew 44.26%. Long-term returns in profit growth between 25 and 50 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 Polycab become a multibagger from here?
Ans. Polycab has already gained 230.55% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in profit growth between 25 and 50 per cent stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 33.79% a year since FY22, and FY26 revenue rose 28.76%. At a PE of 42.99 against an industry PE of 49.96, valuation should be checked against that growth before investing.
What is the market cap of M&M, UltraTech Cement, Bajaj Auto and Polycab?
Ans. As of 26 October 2026, M&M has a market cap of Rs 3,46,727 crore, UltraTech Cement has a market cap of Rs 3,23,092 crore, Bajaj Auto has a market cap of Rs 2,79,047 crore and Polycab has a market cap of Rs 1,24,880 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 between 25 and 50 per cent stocks.
What are the risks of investing in profit growth between 25 and 50 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. UltraTech Cement trades at a PE of 37.70 against an industry PE of 29.41, so earnings growth needs to hold up.
Why is UltraTech Cement trading at a PE of 37.70?
Ans. UltraTech Cement’s PE of 37.70 compares with an industry PE of 29.41. The market is paying a premium for latest-quarter profit growth of 17.24% and FY26 revenue growth of 16.15%, which also means the stock is more sensitive if growth slows. Investors in profit growth between 25 and 50 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 M&M, UltraTech Cement, Bajaj Auto and Polycab?
Ans. As of the latest reported quarter, FII and DII together hold 67.54% of M&M (34.89% and 32.65%), 33.55% of UltraTech Cement (12.69% and 20.86%), 22.55% of Bajaj Auto (9.01% and 13.54%) and 26.62% of Polycab (19.00% and 7.62%). Rising institutional holding is a useful signal in profit growth between 25 and 50 per cent stocks, though it should be read with earnings trends rather than on its own.
