3 Largecap Stocks With Profit Above Rs 10,000 Crore to Watch for Future Multibagger Potential: M&M, Bajaj Auto and Hindustan Zinc
- October 19, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
M&M Rs 2,920.90. Bajaj Auto Rs 10,405. Hindustan Zinc Rs 540. Market caps from Rs 2.24 lakh crore to Rs 3.48 lakh crore. Data as of 16 Oct 2026.
Quick Answer
M&M, Bajaj Auto and Hindustan Zinc are the 3 picks in this stocks with profit above Rs 10,000 crore watchlist, with market caps between Rs 2.24 lakh crore and Rs 3.48 lakh crore. M&M stands out for the fastest profit growth, 26.58% a year since FY22, while Bajaj Auto offers 24.05% revenue growth in FY26. PE ratios run from 13.12 to 24.36, so compare each one with its industry PE before investing. All figures are as of 16 October 2026.
Stocks with profit above Rs 10,000 crore to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. M&M, Bajaj Auto and Hindustan Zinc meet that test, with market caps from Rs 2.24 lakh crore to Rs 3.48 lakh crore and M&M offering the fastest profit growth, 26.58% a year since FY22. Each of these companies earned more than Rs 10,000 crore in FY26 and grew net profit by more than 30 per cent.
This list covers companies with FY26 net profit above Rs 10,000 crore and net profit growth above 30 per cent, with complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening stocks with profit above Rs 10,000 crore usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 16 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Stocks With Profit Above Rs 10,000 Crore and Why Do They Attract Multibagger Interest?
Stocks with profit above Rs 10,000 crore are shares of companies that earn more than Rs 10,000 crore a year, yet still grow profit at a fast pace. It is hard to grow quickly from such a large base, so each of these stands out.
Large profits give a company the cash to expand, pay dividends and invest in new products. Businesses that add fast growth on top of that are the ones investors compare in stocks with profit above Rs 10,000 crore.
Stocks With Profit Above Rs 10,000 Crore at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 16 October 2026. Hindustan Zinc combines the lowest PE of the group, 13.12, with the highest return on equity, 61.13%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Mahindra & Mahindra | 2,920.90 | 3,48,064 | 17.19 | 23.82 | 18.37% | 1.44 | 2,744.30 to 3,839.90 |
| Bajaj Auto | 10,405 | 2,81,374 | 24.36 | 23.82 | 27.67% | 0.58 | 8,605.00 to 12,470.00 |
| Hindustan Zinc | 540 | 2,23,984 | 13.12 | 12.27 | 61.13% | 0.39 | 412.25 to 609.05 |
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 17.19 against an industry PE of 23.82, below the sector average, with a return on equity of 18.37%.
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.
The stock trades at a PE of 24.36 against an industry PE of 23.82, with a return on equity of 27.67%. 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.
Hindustan Zinc: Return on Equity of 61.13%
Hindustan Zinc is among the world’s largest integrated zinc producers and also produces lead and silver. It reported FY26 revenue of Rs 41,934 crore, up 19.59% year on year, and net profit of Rs 13,832 crore, up 33.60%. Net profit has compounded at 9.48% a year since FY22, while revenue has grown 8.15% a year. Operating margin was 56.75% in FY26. The debt-to-equity ratio is 0.39.
In the June 2026 quarter, revenue rose 74.70% to Rs 14,063 crore and net profit grew 144.81% to Rs 5,469 crore. Foreign investors raised their holding from 1.31% in September 2025 to 2.36% in September 2026. The stock trades at a PE of 13.12 against an industry PE of 12.27, with a return on equity of 61.13%. The dividend yield is 1.89%.
Stocks With Profit Above Rs 10,000 Crore: Financial Comparison on Growth and Margins
The table compares scale and growth across these stocks with profit above Rs 10,000 crore. 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% |
| Bajaj Auto | 65,087.22 | 10,574.50 | 24.05% | 17.26% | 14.44% | 24.99% |
| Hindustan Zinc | 41,934 | 13,832 | 19.59% | 8.15% | 9.48% | 64.19% |
Check the Univest Screener for live data on these stocks with profit above Rs 10,000 crore
Institutional Holding in M&M, Bajaj Auto and Hindustan Zinc
Institutional holding shows who is backing these stocks with profit above Rs 10,000 crore 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%) 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 |
| Bajaj Auto | 55.01% | 9.01% | 13.54% | 22.44% | June 2026 |
| Hindustan Zinc | 60.71% | 2.36% | 4.85% | 32.07% | September 2026 |
Risks to Weigh in Stocks With Profit Above Rs 10,000 Crore
Being careful with stocks with profit above Rs 10,000 crore means looking at what can slow the story as well as what can speed it up. Four points matter most:
- Profit growth can ease from a high base.
- Commodity and demand cycles affect earnings.
- Valuation: Hindustan Zinc trades at a PE of 13.12 against an industry PE of 12.27, so earnings need to keep growing to support the price.
- Concentration: Holding all 3 names puts the allocation in one sector, so size each position to match your risk appetite.
How to Choose Between Stocks With Profit Above Rs 10,000 Crore
Picking from stocks with profit above Rs 10,000 crore 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 (12.27 to 23.82) and ask whether the growth rate justifies any gap.
- Track net profit growth, the return on equity and the dividend payout 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, Bajaj Auto and Hindustan Zinc live prices.
Conclusion
Among stocks with profit above Rs 10,000 crore, M&M stands out for the fastest profit growth, 26.58% a year since FY22, Bajaj Auto for 24.05% revenue growth in FY26 and Hindustan Zinc for the highest return on equity at 61.13%. 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 profit above Rs 10,000 crore 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 Profit Above Rs 10,000 Crore to Watch
Which are the best stocks with profit above Rs 10,000 crore to watch for multibagger potential?
Ans. M&M, Bajaj Auto and Hindustan Zinc are the 3 names this list highlights, with market caps of Rs 3,48,064 crore, Rs 2,81,374 crore and Rs 2,23,984 crore respectively. M&M is notable for the fastest profit growth, 26.58% a year since FY22. Bajaj Auto stands out for 24.05% revenue growth in FY26. Hindustan Zinc offers the highest return on equity at 61.13%. These are watchlist names for stocks with profit above Rs 10,000 crore, not recommendations, so match each one to your own risk profile and time horizon.
Is Hindustan Zinc a good stock for long-term investors?
Ans. Hindustan Zinc has a return on equity of 61.13%, a PE of 13.12 against an industry PE of 12.27 and a market cap of Rs 2,23,984 crore. Net profit has compounded at 9.48% a year since FY22, and FY26 revenue rose 19.59% while June 2026 quarter net profit grew 144.81%. Long-term returns in stocks with profit above Rs 10,000 crore depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can M&M become a multibagger from here?
Ans. M&M has already gained 220.52% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks with profit above Rs 10,000 crore requires earnings to keep growing faster than the market for several years. Net profit has compounded at 26.58% a year since FY22, and FY26 revenue rose 25.21%. At a PE of 17.19 against an industry PE of 23.82, valuation should be checked against that growth before investing.
What is the market cap of M&M, Bajaj Auto and Hindustan Zinc?
Ans. As of 16 October 2026, M&M has a market cap of Rs 3,48,064 crore, Bajaj Auto has a market cap of Rs 2,81,374 crore and Hindustan Zinc has a market cap of Rs 2,23,984 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 profit above Rs 10,000 crore.
What are the risks of investing in stocks with profit above Rs 10,000 crore?
Ans. The main risks are growth that eases from a high base, cyclical demand and commodity prices. Companies with strong brands and healthy cash flows handle these better. Hindustan Zinc trades at a PE of 13.12 against an industry PE of 12.27, so earnings growth needs to hold up.
Is Hindustan Zinc trading below its industry PE?
Ans. Hindustan Zinc trades at a PE of 13.12 against an industry PE of 12.27. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (net profit has compounded at 9.48% a year since FY22 and FY26 revenue rose 19.59%) and balance sheet strength before drawing a conclusion.
How much do institutions hold in M&M, Bajaj Auto and Hindustan Zinc?
Ans. As of the latest reported quarter, FII and DII together hold 67.54% of M&M (34.89% and 32.65%), 22.55% of Bajaj Auto (9.01% and 13.54%) and 7.21% of Hindustan Zinc (2.36% and 4.85%). Rising institutional holding is a useful signal in stocks with profit above Rs 10,000 crore, though it should be read with earnings trends rather than on its own.
