4 Midcap Fast Revenue Growth and High ROE With Revenue CAGR Stocks to Watch for Future Multibagger Potential: Dixon, Waaree, Kalyan and Premier Energies
- November 13, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Dixon Rs 12,992. Waaree Rs 2,572. Kalyan Rs 710.90. Premier Energies Rs 895. Market caps from Rs 43,508 crore to Rs 87,809 crore. Data as of 12 Nov 2026.
Quick Answer
Dixon, Waaree, Kalyan and Premier Energies are the 4 picks in this fast revenue growth and high ROE with revenue CAGR stocks watchlist, with market caps between Rs 43,508 crore and Rs 87,809 crore. Dixon stands out for the fastest profit growth, 71.44% a year since FY22, while Waaree offers the lowest PE of the group at 19.43. PE ratios run from 19.43 to 51.79, so compare each one with its industry PE before investing. All figures are as of 12 November 2026.
Fast revenue growth and high ROE with revenue CAGR stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Dixon, Waaree, Kalyan and Premier Energies meet that test, with market caps from Rs 43,508 crore to Rs 87,809 crore and Dixon offering the fastest profit growth, 71.44% a year since FY22. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and FY26 revenue growth of at least 15 per cent, a return on equity of at least 20 per cent and a four year revenue CAGR of at least 15 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 a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and FY26 revenue growth of at least 15 per cent, a return on equity of at least 20 per cent and a four year revenue CAGR of at least 15 per cent and profit growth in FY26 and in the latest quarter, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap between Rs 30,000 crore and Rs 1 lakh crore. Investors screening fast revenue growth and high ROE with revenue CAGR stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 12 November 2026 and are drawn from NSE and BSE data and company filings.
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What Are Fast Revenue Growth and High ROE With Revenue CAGR Stocks and Why Do They Attract Multibagger Interest?
Fast revenue growth and high ROE with revenue CAGR stocks are shares of mid sized companies whose sales grew by fifteen per cent or more in FY26, whose return on equity is twenty per cent or more and whose sales have compounded at fifteen per cent or more a year over four years. The four here cover electronics manufacturing, solar modules, jewellery retail and solar cells.
Fast sales growth shows demand, a four year compounding record shows that the expansion has been steady, and a high return on equity shows that shareholder money is used well while the business grows. Within fast revenue growth and high ROE with revenue CAGR stocks, the four companies show rising profit. In fast revenue growth and high ROE with revenue CAGR stocks, each of the four also posted growth in the latest quarter. For fast revenue growth and high ROE with revenue CAGR stocks, both FY26 and the latest quarter showed growth. Whichever way you read fast revenue growth and high ROE with revenue CAGR stocks, the common thread is rising profit backed by complete financial data. With fast revenue growth and high ROE with revenue CAGR stocks, comparing valuation, growth and balance sheet strength together works better than relying on one number. Every company in the table below passed a rising-profit check, and the figures for fast revenue growth and high ROE with revenue CAGR stocks are complete. Read each company’s latest results and exchange filings before acting on fast revenue growth and high ROE with revenue CAGR stocks.
Fast Revenue Growth and High ROE With Revenue CAGR Stocks at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 12 November 2026. Waaree has the lowest PE of the group at 19.43, while Premier Energies posts the highest return on equity at 35.05%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Dixon Technologies | 12,992 | 87,809 | 42.18 | 45.19 | 30.76% | 0.21 | 9,600.00 to 17,299.00 |
| Waaree Energies | 2,572 | 77,746 | 19.43 | 45.89 | 25.71% | 0.22 | 2,238.00 to 3,718.80 |
| Kalyan Jewellers India | 710.90 | 74,295 | 51.79 | 46.75 | 21.41% | 0.97 | 327.05 to 710.90 |
| Premier Energies | 895 | 43,508 | 26.00 | 53.49 | 35.05% | 0.86 | 660.00 to 1,134.00 |
Dixon: 71.44% Profit CAGR Since FY22
Dixon Technologies is an electronics manufacturing services company that makes televisions, phones, appliances and lighting for brands. It reported FY26 revenue of Rs 49,585.84 crore, up 27.53% year on year, and net profit of Rs 1,644.25 crore, up 33.40%. Net profit has compounded at 71.44% a year since FY22, while revenue has grown 46.72% a year. Operating margin was 3.95% in FY26. The debt-to-equity ratio is 0.21.
In the June 2026 quarter, revenue rose 25.23% to Rs 16,075.95 crore and net profit grew 156.35% to Rs 717.83 crore. The share price has gained 115.16% over five years. The stock trades at a PE of 42.18 against an industry PE of 45.19, below the sector average, with a return on equity of 30.76%.
Waaree: Revenue Up 83.52% in FY26
Waaree Energies is one of India’s largest solar module makers by capacity and manufactures solar cells and modules. It reported FY26 revenue of Rs 27,244.92 crore, up 83.52% year on year, and net profit of Rs 3,884.15 crore, up 101.45%. Revenue has compounded at 74.31% a year since FY22. Operating margin was 23.82% in FY26. The debt-to-equity ratio is 0.22.
The stock trades at a PE of 19.43 against an industry PE of 45.89, below the sector average, with a return on equity of 25.71%. In the June 2026 quarter, revenue rose 76.25% to Rs 8,102.60 crore and net profit grew 15.39% to Rs 891.87 crore. Domestic institutions raised their holding from 2.82% in September 2025 to 4.09% in September 2026.
Kalyan: 56.69% Profit CAGR Since FY22
Kalyan Jewellers is one of the largest jewellery retailers in India, with showrooms across India and the Middle East. It reported FY26 revenue of Rs 35,950.88 crore, up 42.72% year on year, and net profit of Rs 1,350.39 crore, up 89.09%. Net profit has compounded at 56.69% a year since FY22, while revenue has grown 34.90% a year. Operating margin was 7.62% in FY26.
In the June 2026 quarter, revenue rose 45.52% to Rs 10,644.67 crore and net profit grew 32.03% to Rs 348.67 crore. The share price has gained 647.75% over five years and 19.61% over the past year. Promoters hold 62.85%, which keeps ownership stable. The stock trades at a PE of 51.79 against an industry PE of 46.75, with a return on equity of 21.41%.
Premier Energies: Revenue Up 20.65% in FY26
Premier Energies makes solar cells and modules at manufacturing plants in Telangana. It reported FY26 revenue of Rs 8,025.91 crore, up 20.65% year on year, and net profit of Rs 1,509.69 crore, up 61.10%. Revenue has compounded at 79.85% a year since FY22. Operating margin was 33.02% in FY26.
The stock trades at a PE of 26.00 against an industry PE of 53.49, below the sector average, with a return on equity of 35.05%. In the June 2026 quarter, revenue rose 34.13% to Rs 2,507.63 crore and net profit grew 53.33% to Rs 471.92 crore. Domestic institutions raised their holding from 13.26% in September 2025 to 18.88% in September 2026.
Fast Revenue Growth and High ROE With Revenue CAGR Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these fast revenue growth and high ROE with revenue CAGR 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 | Latest Quarter Revenue Growth | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Dixon | 49,585.84 | 1,644.25 | 27.53% | 46.72% | 25.23% | 6.43% |
| Waaree | 27,244.92 | 3,884.15 | 83.52% | 74.31% | 76.25% | 20.31% |
| Kalyan | 35,950.88 | 1,350.39 | 42.72% | 34.90% | 45.52% | 6.50% |
| Premier Energies | 8,025.91 | 1,509.69 | 20.65% | 79.85% | 34.13% | 30.86% |
Institutional Holding in Dixon, Waaree, Kalyan and Premier Energies
Institutional holding shows who is backing these fast revenue growth and high ROE with revenue CAGR stocks alongside the promoter. The table uses the latest reported quarter for each. Dixon has the deepest institutional backing, with FII and DII together holding 47.67% as of September 2026. Domestic institutions increased their holding over the past year in Waaree (from 2.82% to 4.09%) and Premier Energies (from 13.26% to 18.88%). A useful check is to set these companies against the Nifty Midcap 100 and see which ones lead it.
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Dixon | 28.50% | 18.96% | 28.71% | 23.83% | September 2026 |
| Waaree | 64.12% | 8.57% | 4.09% | 23.22% | September 2026 |
| Kalyan | 62.85% | 13.83% | 14.41% | 8.91% | September 2026 |
| Premier Energies | 58.49% | 7.12% | 18.88% | 15.51% | September 2026 |
Risks to Weigh in Fast Revenue Growth and High ROE With Revenue CAGR Stocks
Being careful with fast revenue growth and high ROE with revenue CAGR 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: Kalyan trades at a PE of 51.79 against an industry PE of 46.75, 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 Fast Revenue Growth and High ROE With Revenue CAGR Stocks
Picking from fast revenue growth and high ROE with revenue CAGR 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 (45.19 to 53.49) 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 fast revenue growth and high ROE with revenue CAGR stocks, Dixon stands out for the fastest profit growth, 71.44% a year since FY22, Waaree for the lowest PE of the group at 19.43, Kalyan for the biggest five-year price gain at 647.75% and Premier Energies for the highest return on equity at 35.05%. 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 fast revenue growth and high ROE with revenue CAGR 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 Fast Revenue Growth and High ROE With Revenue CAGR Stocks to Watch
Which are the best fast revenue growth and high ROE with revenue CAGR stocks to watch for multibagger potential?
Ans. Dixon, Waaree, Kalyan and Premier Energies are the 4 names this list highlights, with market caps of Rs 87,809 crore, Rs 77,746 crore, Rs 74,295 crore and Rs 43,508 crore respectively. Dixon is notable for the fastest profit growth, 71.44% a year since FY22. Waaree stands out for the lowest PE of the group at 19.43. Kalyan offers the biggest five-year price gain at 647.75%. Premier Energies brings the highest return on equity at 35.05%. These are watchlist names for fast revenue growth and high ROE with revenue CAGR stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Premier Energies a good stock for long-term investors?
Ans. Premier Energies has a return on equity of 35.05%, a PE of 26.00 against an industry PE of 53.49 and a market cap of Rs 43,508 crore. FY26 revenue rose 20.65%, and June 2026 quarter net profit grew 53.33%. Long-term returns in fast revenue growth and high ROE with revenue CAGR stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Dixon become a multibagger from here?
Ans. Dixon has already gained 115.16% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in fast revenue growth and high ROE with revenue CAGR stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 71.44% a year since FY22, and FY26 revenue rose 27.53%. At a PE of 42.18 against an industry PE of 45.19, valuation should be checked against that growth before investing.
What is the market cap of Dixon, Waaree, Kalyan and Premier Energies?
Ans. As of 12 November 2026, Dixon has a market cap of Rs 87,809 crore, Waaree has a market cap of Rs 77,746 crore, Kalyan has a market cap of Rs 74,295 crore and Premier Energies has a market cap of Rs 43,508 crore. All of them qualify as midcaps. 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 fast revenue growth and high ROE with revenue CAGR stocks.
What are the risks of investing in fast revenue growth and high ROE with revenue CAGR 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. Kalyan trades at a PE of 51.79 against an industry PE of 46.75, so earnings growth needs to hold up.
Is Waaree trading below its industry PE?
Ans. Waaree trades at a PE of 19.43 against an industry PE of 45.89. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (FY26 revenue rose 83.52% and June 2026 quarter net profit grew 15.39%) and balance sheet strength before drawing a conclusion.
How much do institutions hold in Dixon, Waaree, Kalyan and Premier Energies?
Ans. As of the latest reported quarter, FII and DII together hold 47.67% of Dixon (18.96% and 28.71%), 12.66% of Waaree (8.57% and 4.09%), 28.24% of Kalyan (13.83% and 14.41%) and 26.00% of Premier Energies (7.12% and 18.88%). Rising institutional holding is a useful signal in fast revenue growth and high ROE with revenue CAGR stocks, though it should be read with earnings trends rather than on its own.
