4 Largecap Stocks With 10-20 Per Cent Revenue Growth to Watch for Future Multibagger Potential: Bajaj Finance, UltraTech Cement, Bajaj Finserv and Grasim
- October 21, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Bajaj Finance Rs 957.35. UltraTech Cement Rs 10,650. Bajaj Finserv Rs 1,700. Grasim Rs 2,879. Market caps from Rs 1.98 lakh crore to Rs 6.03 lakh crore. Data as of 20 Oct 2026.
Quick Answer
Bajaj Finance, UltraTech Cement, Bajaj Finserv and Grasim are the 4 picks in this stocks with 10-20 per cent revenue growth watchlist, with market caps between Rs 1.98 lakh crore and Rs 6.03 lakh crore. Bajaj Finance stands out for the highest return on equity at 16.68%, while UltraTech Cement offers 16.15% revenue growth in FY26. PE ratios run from 13.44 to 36.95, so compare each one with its industry PE before investing. All figures are as of 20 October 2026.
Stocks with 10-20 per cent revenue growth to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Bajaj Finance, UltraTech Cement, Bajaj Finserv and Grasim meet that test, with market caps from Rs 1.98 lakh crore to Rs 6.03 lakh crore and Bajaj Finance offering the highest return on equity at 16.68%. Each of these companies grew revenue by between 10 and 20 per cent in FY26, and net profit grew by at least 10 per cent.
This list covers companies whose FY26 revenue grew by between 10 and 20 per cent, with FY26 profit growth of at least 10 per cent, rising profit in the latest quarter and market capitalisation above Rs 1,00,000 crore. Each company has a market cap above Rs 1 lakh crore. Investors screening stocks with 10-20 per cent revenue growth usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 20 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Stocks With 10-20 Per Cent Revenue Growth and Why Do They Attract Multibagger Interest?
Stocks with 10-20 per cent revenue growth are shares of large companies that add sales at a steady double-digit pace. The four here cover lending, cement, financial services and diversified manufacturing.
Double-digit sales growth at this size means a lot of new business each year. For stocks with 10-20 per cent revenue growth, rising profit shows that the growth is paying off. A sensible way to study stocks with 10-20 per cent revenue growth is to look at profit growth, returns and valuation side by side. Below, each of stocks with 10-20 per cent revenue growth gets its own breakdown of growth, returns and valuation. Treat stocks with 10-20 per cent revenue growth as a research list, since share prices and rankings change with every earnings season.
Stocks With 10-20 Per Cent Revenue Growth at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 20 October 2026. Bajaj Finserv has the lowest PE of the group at 13.44, while Bajaj Finance posts the highest return on equity at 16.68%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Bajaj Finance | 957.35 | 6,02,984 | 29.21 | 17.68 | 16.68% | 5.29 | 787.90 to 1,176.40 |
| UltraTech Cement | 10,650 | 3,16,676 | 36.95 | 29.41 | 10.66% | 4.13 | 10,325.00 to 13,110.00 |
| Bajaj Finserv | 1,700 | 2,77,349 | 13.44 | 17.68 | 12.58% | 3.56 | 1,597.00 to 2,195.00 |
| Grasim Industries | 2,879 | 1,97,563 | 17.54 | 30.91 | 4.80% | 1.90 | 2,502.50 to 3,411.10 |
Bajaj Finance: 28.78% Profit CAGR Since FY22
Bajaj Finance is a large NBFC offering consumer, SME, commercial and mortgage loans along with deposits and payment services. It reported FY26 total income of Rs 81,989.50 crore, up 19.09% year on year, and net profit of Rs 19,332.36 crore, up 15.21%. Net profit has compounded at 28.78% a year since FY22, while total income has grown 26.88% a year.
In the June 2026 quarter, total income rose 18.63% to Rs 23,166.42 crore and net profit grew 27.60% to Rs 6,080.60 crore. Domestic institutions raised their holding from 14.47% in September 2025 to 17.05% in September 2026. The stock trades at a PE of 29.21 against an industry PE of 17.68, with a return on equity of 16.68%.
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 36.95 against an industry PE of 29.41. The dividend yield is 2.23%. 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 Finserv: 24.02% Profit CAGR Since FY22
Bajaj Finserv is a financial services holding company with interests in lending through Bajaj Finance and in general and life insurance. It reported FY26 total income of Rs 1,50,530.38 crore, up 13.23% year on year, and net profit of Rs 19,669.47 crore, up 12.03%. Net profit has compounded at 24.02% a year since FY22, while total income has grown 21.78% a year.
In the June 2026 quarter, total income rose 19.08% to Rs 42,036.90 crore and net profit grew 18.15% to Rs 6,296.67 crore. Domestic institutions raised their holding from 10.09% in June 2025 to 12.10% in June 2026. The stock trades at a PE of 13.44 against an industry PE of 17.68, below the sector average, with a return on equity of 12.58%.
Grasim: Quarterly Profit Up 38.82%
Grasim Industries is an Aditya Birla Group company with businesses in viscose fibre, chemicals and paints, and a major stake in UltraTech Cement. It reported FY26 revenue of Rs 1,76,610.86 crore, up 17.79% year on year, and net profit of Rs 10,300.29 crore, up 32.80%. Revenue has compounded at 16.30% a year since FY22. Operating margin was 21.29% in FY26.
The stock trades at a PE of 17.54 against an industry PE of 30.91, below the sector average. In the June 2026 quarter, revenue rose 21.16% to Rs 49,021.35 crore and net profit grew 38.82% to Rs 3,846.28 crore. The share price has gained 66.94% over five years. Foreign investors raised their holding from 15.94% in June 2025 to 17.17% in June 2026.
Stocks With 10-20 Per Cent Revenue Growth: Financial Comparison on Growth and Margins
The table compares scale and growth across these stocks with 10-20 per cent revenue growth. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Total Income (Rs Cr) | Net Profit (Rs Cr) | Income Growth (YoY) | 4-Year Income CAGR | Latest Quarter Income Growth |
|---|---|---|---|---|---|
| Bajaj Finance | 81,989.50 | 19,332.36 | 19.09% | 26.88% | 18.63% |
| UltraTech Cement | 89,089.04 | 8,188.35 | 16.15% | 13.81% | 15.49% |
| Bajaj Finserv | 1,50,530.38 | 19,669.47 | 13.23% | 21.78% | 19.08% |
| Grasim | 1,76,610.86 | 10,300.29 | 17.79% | 16.30% | 21.16% |
Check the Univest Screener for live data on these stocks with 10-20 per cent revenue growth
Institutional Holding in Bajaj Finance, UltraTech Cement, Bajaj Finserv and Grasim
Institutional holding shows who is backing these stocks with 10-20 per cent revenue growth alongside the promoter. The table uses the latest reported quarter for each. Bajaj Finance has the deepest institutional backing, with FII and DII together holding 36.84% as of September 2026. Domestic institutions increased their holding over the past year in Bajaj Finance (from 14.47% to 17.05%), UltraTech Cement (from 16.65% to 20.86%) and Bajaj Finserv (from 10.09% to 12.10%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Bajaj Finance | 54.67% | 19.79% | 17.05% | 8.49% | September 2026 |
| UltraTech Cement | 58.48% | 12.69% | 20.86% | 7.97% | September 2026 |
| Bajaj Finserv | 58.71% | 6.91% | 12.10% | 22.28% | June 2026 |
| Grasim | 43.74% | 17.17% | 16.13% | 22.97% | June 2026 |
Risks to Weigh in Stocks With 10-20 Per Cent Revenue Growth
Being careful with stocks with 10-20 per cent revenue growth 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: Bajaj Finance trades at a PE of 29.21 against an industry PE of 17.68, 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 Stocks With 10-20 Per Cent Revenue Growth
Picking from stocks with 10-20 per cent revenue growth comes down to four checks, applied in order.
- Check asset quality and net interest margin first, then return on equity and price to book. Debt-to-equity does not apply to lenders.
- Compare each PE with the industry PE (17.68 to 30.91) 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 stocks with 10-20 per cent revenue growth, Bajaj Finance stands out for the highest return on equity at 16.68%, UltraTech Cement for 16.15% revenue growth in FY26, Bajaj Finserv for the lowest PE of the group at 13.44 and Grasim for the biggest five-year price gain at 66.94%. 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 stocks with 10-20 per cent revenue growth 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 Stocks With 10-20 Per Cent Revenue Growth to Watch
Which are the best stocks with 10-20 per cent revenue growth to watch for multibagger potential?
Ans. Bajaj Finance, UltraTech Cement, Bajaj Finserv and Grasim are the 4 names this list highlights, with market caps of Rs 6,02,984 crore, Rs 3,16,676 crore, Rs 2,77,349 crore and Rs 1,97,563 crore respectively. Bajaj Finance is notable for the highest return on equity at 16.68%. UltraTech Cement stands out for 16.15% revenue growth in FY26. Bajaj Finserv offers the lowest PE of the group at 13.44. Grasim brings the biggest five-year price gain at 66.94%. These are watchlist names for stocks with 10-20 per cent revenue growth, not recommendations, so match each one to your own risk profile and time horizon.
Is Bajaj Finance a good stock for long-term investors?
Ans. Bajaj Finance has a return on equity of 16.68%, a PE of 29.21 against an industry PE of 17.68 and a market cap of Rs 6,02,984 crore. Net profit has compounded at 28.78% a year since FY22, and FY26 revenue rose 19.09% while June 2026 quarter net profit grew 27.60%. Long-term returns in stocks with 10-20 per cent revenue growth depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Bajaj Finserv become a multibagger from here?
Ans. Bajaj Finserv has a market cap of Rs 2,77,349 crore. A multibagger outcome in stocks with 10-20 per cent revenue growth requires earnings to keep growing faster than the market for several years. Net profit has compounded at 24.02% a year since FY22, and FY26 revenue rose 13.23%. At a PE of 13.44 against an industry PE of 17.68, valuation should be checked against that growth before investing.
What is the market cap of Bajaj Finance, UltraTech Cement, Bajaj Finserv and Grasim?
Ans. As of 20 October 2026, Bajaj Finance has a market cap of Rs 6,02,984 crore, UltraTech Cement has a market cap of Rs 3,16,676 crore, Bajaj Finserv has a market cap of Rs 2,77,349 crore and Grasim has a market cap of Rs 1,97,563 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 stocks with 10-20 per cent revenue growth.
What are the risks of investing in stocks with 10-20 per cent revenue growth?
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. Bajaj Finance trades at a PE of 29.21 against an industry PE of 17.68, so earnings growth needs to hold up.
Why is Bajaj Finance trading at a PE of 29.21?
Ans. Bajaj Finance’s PE of 29.21 compares with an industry PE of 17.68. The market is paying a premium for a return on equity of 16.68%, profit growth of 28.78% a year since FY22 and latest-quarter profit growth of 27.60%, which also means the stock is more sensitive if growth slows. Investors in stocks with 10-20 per cent revenue growth who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Bajaj Finance, UltraTech Cement, Bajaj Finserv and Grasim?
Ans. As of the latest reported quarter, FII and DII together hold 36.84% of Bajaj Finance (19.79% and 17.05%), 33.55% of UltraTech Cement (12.69% and 20.86%), 19.01% of Bajaj Finserv (6.91% and 12.10%) and 33.30% of Grasim (17.17% and 16.13%). Rising institutional holding is a useful signal in stocks with 10-20 per cent revenue growth, though it should be read with earnings trends rather than on its own.
