4 Midcap Promoter Backed Low PE and Low Price to Book Stocks to Watch for Future Multibagger Potential: Oil India, Oberoi Realty, NMDC and Patanjali Foods
- November 10, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Oil India Rs 444.50. Oberoi Realty Rs 1,737.10. NMDC Rs 71. Patanjali Foods Rs 417. Market caps from Rs 45,865 crore to Rs 70,776 crore. Data as of 9 Nov 2026.
Quick Answer
Oil India, Oberoi Realty, NMDC and Patanjali Foods are the 4 picks in this promoter backed low PE and low price to book stocks watchlist, with market caps between Rs 45,865 crore and Rs 70,776 crore. Oil India stands out for the biggest five-year price gain at 185.20%, while Oberoi Realty offers the fastest profit growth, 24.40% a year since FY22. PE ratios run from 7.42 to 24.84, so compare each one with its industry PE before investing. All figures are as of 9 November 2026.
Promoter backed low PE and low price to book stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Oil India, Oberoi Realty, NMDC and Patanjali Foods meet that test, with market caps from Rs 45,865 crore to Rs 70,776 crore and Oil India offering the biggest five-year price gain at 185.20%. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and a promoter holding of at least 50 per cent, a price to earnings ratio below 30 and a price to book ratio below 5, 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 a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and a promoter holding of at least 50 per cent, a price to earnings ratio below 30 and a price to book ratio below 5, 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, 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 promoter backed low PE and low price to book stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 9 November 2026 and are drawn from NSE and BSE data and company filings.
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What Are Promoter Backed Low PE and Low Price to Book Stocks and Why Do They Attract Multibagger Interest?
Promoter backed low PE and low price to book stocks are shares of mid sized companies in which the promoters own at least half of the business while the price to earnings ratio is below thirty and the price to book ratio is below five. The four here cover oil and gas exploration, real estate, iron ore mining and packaged foods.
Owners with a large stake have their own wealth tied to the company, and a price that is reasonable against both earnings and book value shows that the stake is not being valued at an extreme premium. Within promoter backed low PE and low price to book stocks, the four companies show rising profit. In promoter backed low PE and low price to book stocks, each of the four also posted growth in the latest quarter. Across promoter backed low PE and low price to book stocks, every company here grew its FY26 profit. For promoter backed low PE and low price to book stocks, both FY26 and the latest quarter showed growth. Whichever way you read promoter backed low PE and low price to book stocks, the common thread is rising profit backed by complete financial data. Investors researching promoter backed low PE and low price to book stocks get a fuller picture by reading growth and valuation together. The table below lines up promoter backed low PE and low price to book stocks on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use promoter backed low PE and low price to book stocks as a starting point for your own research.
Promoter Backed Low PE and Low Price to Book Stocks at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 9 November 2026. Oil India has the lowest PE of the group at 7.42, while NMDC posts the highest return on equity at 21.87%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Oil India | 444.50 | 70,776 | 7.42 | 7.16 | 11.41% | 0.65 | 395.60 to 531.00 |
| Oberoi Realty | 1,737.10 | 65,313 | 24.84 | 31.94 | 13.99% | 0.16 | 1,391.20 to 1,986.10 |
| NMDC | 71 | 64,271 | 8.62 | 10.06 | 21.87% | 0.19 | 66.35 to 97.49 |
| Patanjali Foods | 417 | 45,865 | 23.28 | 34.68 | 15.37% | 0.21 | 328.20 to 614.05 |
Oil India: Quarterly Profit Up 96.77%
Oil India is a government-owned oil and gas exploration and production company with operations in Assam, Rajasthan and overseas blocks. It reported FY26 revenue of Rs 35,877.28 crore, up 4.97% year on year, and net profit of Rs 7,550.67 crore, up 7.26%. Revenue has compounded at 7.32% a year since FY22. Operating margin was 36.43% in FY26.
In the June 2026 quarter, revenue rose 46.98% to Rs 13,236.10 crore and net profit grew 96.77% to Rs 4,026.83 crore. The share price has gained 185.20% over five years. Domestic institutions raised their holding from 18.41% in June 2025 to 20.14% in June 2026. The stock trades at a PE of 7.42 against an industry PE of 7.16. The dividend yield is 2.64%.
Oberoi Realty: 24.40% Profit CAGR Since FY22
Oberoi Realty develops premium residential, office, retail and hotel projects, mainly in Mumbai. It reported FY26 revenue of Rs 6,304.27 crore, up 15.16% year on year, and net profit of Rs 2,507.43 crore, up 12.67%. Net profit has compounded at 24.40% a year since FY22, while revenue has grown 23.02% a year. Operating margin was 60.69% in FY26. The debt-to-equity ratio is 0.16.
The stock trades at a PE of 24.84 against an industry PE of 31.94, below the sector average, with a return on equity of 13.99%. In the June 2026 quarter, revenue rose 26.79% to Rs 1,361.69 crore and net profit grew 29.02% to Rs 543.51 crore. The share price has gained 96.94% over five years. Domestic institutions raised their holding from 10.80% in June 2025 to 14.83% in June 2026.
NMDC: Revenue Up 31.61% in FY26
NMDC is a government-owned miner and India’s largest iron ore producer. It reported FY26 revenue of Rs 33,559.27 crore, up 31.61% year on year, and net profit of Rs 7,415.37 crore, up 13.39%. Revenue has compounded at 5.90% a year since FY22. Operating margin was 33.51% in FY26. The debt-to-equity ratio is 0.19.
In the June 2026 quarter, revenue rose 1.47% to Rs 7,142.54 crore and net profit grew 1.94% to Rs 2,005.71 crore. Foreign investors raised their holding from 12.21% in June 2025 to 13.59% in June 2026. The stock trades at a PE of 8.62 against an industry PE of 10.06, below the sector average, with a return on equity of 21.87%. The dividend yield is 4.79%.
Patanjali Foods: Quarterly Profit Up 86.14%
Patanjali Foods refines and sells edible oils and food products under brands such as Ruchi Gold and also runs an oil palm business. It reported FY26 revenue of Rs 40,347.78 crore, up 19.05% year on year, and net profit of Rs 1,814.47 crore, up 39.50%. Operating margin was 4.83% in FY26. The debt-to-equity ratio is 0.21.
The stock trades at a PE of 23.28 against an industry PE of 34.68, below the sector average, with a return on equity of 15.37%. In the June 2026 quarter, revenue rose 29.19% to Rs 11,341.89 crore and net profit grew 86.14% to Rs 335.73 crore. Domestic institutions raised their holding from 11.85% in September 2025 to 12.51% in September 2026.
Promoter Backed Low PE and Low Price to Book Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these promoter backed low PE and low price to book 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) | Latest Quarter Revenue Growth | Net Profit Growth (YoY) | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Oil India | 35,877.28 | 7,550.67 | 4.97% | 46.98% | 7.26% | 49.06% |
| Oberoi Realty | 6,304.27 | 2,507.43 | 15.16% | 26.79% | 12.67% | 61.42% |
| NMDC | 33,559.27 | 7,415.37 | 31.61% | 1.47% | 13.39% | 41.43% |
| Patanjali Foods | 40,347.78 | 1,814.47 | 19.05% | 29.19% | 39.50% | 4.83% |
Institutional Holding in Oil India, Oberoi Realty, NMDC and Patanjali Foods
Institutional holding shows who is backing these promoter backed low PE and low price to book stocks alongside the promoter. The table uses the latest reported quarter for each. Oberoi Realty has the deepest institutional backing, with FII and DII together holding 29.94% as of June 2026. Domestic institutions increased their holding over the past year in Oil India (from 18.41% to 20.14%), Oberoi Realty (from 10.80% to 14.83%) and Patanjali Foods (from 11.85% to 12.51%). To see how this group fits the wider market, many investors compare it with the Nifty Midcap 100.
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Oil India | 56.66% | 7.28% | 20.14% | 15.93% | June 2026 |
| Oberoi Realty | 67.70% | 15.11% | 14.83% | 2.36% | June 2026 |
| NMDC | 60.79% | 13.59% | 13.81% | 11.80% | June 2026 |
| Patanjali Foods | 68.25% | 7.24% | 12.51% | 12.00% | September 2026 |
Risks to Weigh in Promoter Backed Low PE and Low Price to Book Stocks
Being careful with promoter backed low PE and low price to book 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: Oil India trades at a PE of 7.42 against an industry PE of 7.16, 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 Promoter Backed Low PE and Low Price to Book Stocks
Picking from promoter backed low PE and low price to book 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 (7.16 to 34.68) 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 Oil India, Oberoi Realty, NMDC and Patanjali Foods live prices.
Conclusion
Among promoter backed low PE and low price to book stocks, Oil India stands out for the biggest five-year price gain at 185.20%, Oberoi Realty for the fastest profit growth, 24.40% a year since FY22, NMDC for the highest return on equity at 21.87% and Patanjali Foods for 19.05% revenue growth in FY26. 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 promoter backed low PE and low price to book 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 Promoter Backed Low PE and Low Price to Book Stocks to Watch
Which are the best promoter backed low PE and low price to book stocks to watch for multibagger potential?
Ans. Oil India, Oberoi Realty, NMDC and Patanjali Foods are the 4 names this list highlights, with market caps of Rs 70,776 crore, Rs 65,313 crore, Rs 64,271 crore and Rs 45,865 crore respectively. Oil India is notable for the biggest five-year price gain at 185.20%. Oberoi Realty stands out for the fastest profit growth, 24.40% a year since FY22. NMDC offers the highest return on equity at 21.87%. Patanjali Foods brings 19.05% revenue growth in FY26. These are watchlist names for promoter backed low PE and low price to book stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is NMDC a good stock for long-term investors?
Ans. NMDC has a return on equity of 21.87%, a PE of 8.62 against an industry PE of 10.06 and a market cap of Rs 64,271 crore. FY26 revenue rose 31.61%, and June 2026 quarter net profit grew 1.94%. Long-term returns in promoter backed low PE and low price to book stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Oberoi Realty become a multibagger from here?
Ans. Oberoi Realty has already gained 96.94% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in promoter backed low PE and low price to book stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 24.40% a year since FY22, and FY26 revenue rose 15.16%. At a PE of 24.84 against an industry PE of 31.94, valuation should be checked against that growth before investing.
What is the market cap of Oil India, Oberoi Realty, NMDC and Patanjali Foods?
Ans. As of 9 November 2026, Oil India has a market cap of Rs 70,776 crore, Oberoi Realty has a market cap of Rs 65,313 crore, NMDC has a market cap of Rs 64,271 crore and Patanjali Foods has a market cap of Rs 45,865 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 promoter backed low PE and low price to book stocks.
What are the risks of investing in promoter backed low PE and low price to book 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. Oil India trades at a PE of 7.42 against an industry PE of 7.16, so earnings growth needs to hold up.
Is Oil India trading below its industry PE?
Ans. Oil India trades at a PE of 7.42 against an industry PE of 7.16. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (FY26 revenue rose 4.97% and June 2026 quarter net profit grew 96.77%) and balance sheet strength before drawing a conclusion.
How much do institutions hold in Oil India, Oberoi Realty, NMDC and Patanjali Foods?
Ans. As of the latest reported quarter, FII and DII together hold 27.42% of Oil India (7.28% and 20.14%), 29.94% of Oberoi Realty (15.11% and 14.83%), 27.40% of NMDC (13.59% and 13.81%) and 19.75% of Patanjali Foods (7.24% and 12.51%). Rising institutional holding is a useful signal in promoter backed low PE and low price to book stocks, though it should be read with earnings trends rather than on its own.
