4 Top Stocks With Rs 200-500 Crore Profit to Watch for Future Multibagger Potential: Syrma SGS, Craftsman Automation, Kajaria Ceramics and Elgi Equipments
- October 21, 2026
- Posted by: Manan Bisht
- Category: Best Stocks
Syrma SGS Rs 1,547.60. Craftsman Automation Rs 11,158. Kajaria Ceramics Rs 1,208.50. Elgi Equipments Rs 544.35. Market caps from Rs 18,186 crore to Rs 32,631 crore. Data as of 20 Oct 2026.
Quick Answer
Syrma SGS, Craftsman Automation, Kajaria Ceramics and Elgi Equipments are the 4 picks in this stocks with Rs 200-500 crore profit watchlist, with market caps between Rs 18,186 crore and Rs 32,631 crore. Syrma SGS stands out for the fastest profit growth, 45.84% a year since FY22, while Craftsman Automation offers the strongest latest-quarter profit growth at 116.31%. PE ratios run from 35.14 to 81.24, so compare each one with its industry PE before investing. All figures are as of 20 October 2026.
Stocks with Rs 200-500 crore profit to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Syrma SGS, Craftsman Automation, Kajaria Ceramics and Elgi Equipments meet that test, with market caps from Rs 18,186 crore to Rs 32,631 crore and Syrma SGS offering the fastest profit growth, 45.84% a year since FY22. Each of these companies reported FY26 net profit between Rs 200 crore and Rs 500 crore, and profit rose in the latest quarter.
This list covers companies with FY26 net profit between Rs 200 crore and Rs 500 crore, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. The companies here range from midcaps to largecaps in size. Investors screening stocks with Rs 200-500 crore profit 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 Rs 200-500 Crore Profit and Why Do They Attract Multibagger Interest?
Stocks with Rs 200-500 crore profit are shares of companies whose FY26 net profit fell between Rs 200 crore and Rs 500 crore. The four here cover electronics manufacturing, auto components, tiles and compressors.
Profit at this level shows a business has moved past the start-up phase. Investors who follow stocks with Rs 200-500 crore profit look for earnings that keep growing as the base widens. For stocks with Rs 200-500 crore profit, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of stocks with Rs 200-500 crore profit, using FY26 and latest quarter data. Prices move daily, so recheck the figures for stocks with Rs 200-500 crore profit before you decide.
Stocks With Rs 200-500 Crore Profit at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 20 October 2026. Kajaria Ceramics has the lowest PE of the group at 35.14, while Elgi Equipments posts the highest return on equity at 19.28%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Syrma SGS Technology | 1,547.60 | 32,631 | 81.24 | 80.10 | 11.10% | 0.14 | 634.50 to 1,822.60 |
| Craftsman Automation | 11,158 | 28,756 | 61.85 | 37.22 | 11.76% | 1.11 | 6,324.00 to 11,999.00 |
| Kajaria Ceramics | 1,208.50 | 19,246 | 35.14 | 30.35 | 15.83% | 0.07 | 869.60 to 1,293.80 |
| Elgi Equipments | 544.35 | 18,186 | 40.61 | 45.93 | 19.28% | 0.24 | 408.25 to 653.40 |
Syrma SGS: 45.84% Profit CAGR Since FY22
Syrma SGS Technology makes electronic products under contract for automotive, industrial, healthcare and consumer customers. It reported FY26 revenue of Rs 4,856.87 crore, up 26.61% year on year, and net profit of Rs 345.81 crore, up 87.48%. Net profit has compounded at 45.84% a year since FY22, while revenue has grown 39.45% a year. Operating margin was 11.99% in FY26. The debt-to-equity ratio is 0.14, which keeps interest costs low.
In the June 2026 quarter, revenue rose 67.05% to Rs 1,603.68 crore and net profit grew 111.72% to Rs 105.69 crore. The share price has gained 443.96% over five years and 112.17% over the past year. Foreign investors raised their holding from 7.06% in August 2025 to 7.52% in June 2026. The stock trades at a PE of 81.24 against an industry PE of 80.10.
Craftsman Automation: 23.87% Profit CAGR Since FY22
Craftsman Automation makes powertrain and engineering components, aluminium products and industrial machines. It reported FY26 revenue of Rs 8,130.63 crore, up 42.25% year on year, and net profit of Rs 383.99 crore, up 91.16%. Net profit has compounded at 23.87% a year since FY22, while revenue has grown 38.27% a year. Operating margin was 15.95% in FY26.
The stock trades at a PE of 61.85 against an industry PE of 37.22. In the June 2026 quarter, revenue rose 37.21% to Rs 2,454.66 crore and net profit grew 116.31% to Rs 150.55 crore. The share price has gained 332.22% over five years and 70.31% over the past year. Domestic institutions raised their holding from 22.67% in June 2025 to 32.90% in June 2026.
Kajaria Ceramics: Debt-to-Equity of 0.07
Kajaria Ceramics is the largest tile maker in India by capacity, selling ceramic and vitrified tiles across the country. It reported FY26 revenue of Rs 4,883.22 crore, up 4.39% year on year, and net profit of Rs 490.06 crore, up 40.70%. Net profit has compounded at 6.37% a year since FY22, while revenue has grown 6.95% a year. Operating margin was 18.05% in FY26. The debt-to-equity ratio is 0.07, which keeps interest costs low.
In the June 2026 quarter, revenue rose 20.54% to Rs 1,345.22 crore and net profit grew 55.04% to Rs 171.03 crore. The stock trades at a PE of 35.14 against an industry PE of 30.35, with a return on equity of 15.83%.
Elgi Equipments: 24.61% Profit CAGR Since FY22
Elgi Equipments makes air compressors for industrial customers in India and overseas. It reported FY26 revenue of Rs 4,068.50 crore, up 14.02% year on year, and net profit of Rs 430.20 crore, up 22.84%. Net profit has compounded at 24.61% a year since FY22, while revenue has grown 12.06% a year. Operating margin was 17.53% in FY26. The debt-to-equity ratio is 0.24.
The stock trades at a PE of 40.61 against an industry PE of 45.93, below the sector average, with a return on equity of 19.28%. In the June 2026 quarter, revenue rose 22.13% to Rs 1,082.60 crore and net profit grew 20.68% to Rs 103.30 crore. The share price has gained 182.78% over five years and 21.42% over the past year. Domestic institutions raised their holding from 5.23% in June 2025 to 10.13% in June 2026.
Stocks With Rs 200-500 Crore Profit: Financial Comparison on Growth and Margins
The table compares scale and growth across these stocks with Rs 200-500 crore profit. 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) |
|---|---|---|---|---|---|---|
| Syrma SGS | 4,856.87 | 345.81 | 26.61% | 39.45% | 45.84% | 11.12% |
| Craftsman Automation | 8,130.63 | 383.99 | 42.25% | 38.27% | 23.87% | 16.76% |
| Kajaria Ceramics | 4,883.22 | 490.06 | 4.39% | 6.95% | 6.37% | 20.98% |
| Elgi Equipments | 4,068.50 | 430.20 | 14.02% | 12.06% | 24.61% | 16.02% |
Check the Univest Screener for live data on these stocks with Rs 200-500 crore profit
Institutional Holding in Syrma SGS, Craftsman Automation, Kajaria Ceramics and Elgi Equipments
Institutional holding shows who is backing these stocks with Rs 200-500 crore profit alongside the promoter. The table uses the latest reported quarter for each. Craftsman Automation has the deepest institutional backing, with FII and DII together holding 50.18% as of June 2026. Domestic institutions increased their holding over the past year in Craftsman Automation (from 22.67% to 32.90%) and Elgi Equipments (from 5.23% to 10.13%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Syrma SGS | 42.28% | 7.52% | 15.90% | 34.30% | June 2026 |
| Craftsman Automation | 42.41% | 17.28% | 32.90% | 7.41% | June 2026 |
| Kajaria Ceramics | 47.69% | 11.58% | 26.25% | 14.48% | June 2026 |
| Elgi Equipments | 31.19% | 21.90% | 10.13% | 36.78% | June 2026 |
Risks to Weigh in Stocks With Rs 200-500 Crore Profit
Being careful with stocks with Rs 200-500 crore profit 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: Craftsman Automation trades at a PE of 61.85 against an industry PE of 37.22, 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 Rs 200-500 Crore Profit
Picking from stocks with Rs 200-500 crore profit 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 (30.35 to 80.10) 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 Syrma SGS, Craftsman Automation, Kajaria Ceramics and Elgi Equipments live prices.
Conclusion
Among stocks with Rs 200-500 crore profit, Syrma SGS stands out for the fastest profit growth, 45.84% a year since FY22, Craftsman Automation for the strongest latest-quarter profit growth at 116.31%, Kajaria Ceramics for the lowest PE of the group at 35.14 and Elgi Equipments for the highest return on equity at 19.28%. 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 Rs 200-500 crore profit 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 Rs 200-500 Crore Profit to Watch
Which are the best stocks with Rs 200-500 crore profit to watch for multibagger potential?
Ans. Syrma SGS, Craftsman Automation, Kajaria Ceramics and Elgi Equipments are the 4 names this list highlights, with market caps of Rs 32,631 crore, Rs 28,756 crore, Rs 19,246 crore and Rs 18,186 crore respectively. Syrma SGS is notable for the fastest profit growth, 45.84% a year since FY22. Craftsman Automation stands out for the strongest latest-quarter profit growth at 116.31%. Kajaria Ceramics offers the lowest PE of the group at 35.14. Elgi Equipments brings the highest return on equity at 19.28%. These are watchlist names for stocks with Rs 200-500 crore profit, not recommendations, so match each one to your own risk profile and time horizon.
Is Elgi Equipments a good stock for long-term investors?
Ans. Elgi Equipments has a return on equity of 19.28%, a PE of 40.61 against an industry PE of 45.93 and a market cap of Rs 18,186 crore. Net profit has compounded at 24.61% a year since FY22, and FY26 revenue rose 14.02% while June 2026 quarter net profit grew 20.68%. Long-term returns in stocks with Rs 200-500 crore profit depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Syrma SGS become a multibagger from here?
Ans. Syrma SGS has already gained 443.96% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks with Rs 200-500 crore profit requires earnings to keep growing faster than the market for several years. Net profit has compounded at 45.84% a year since FY22, and FY26 revenue rose 26.61%. At a PE of 81.24 against an industry PE of 80.10, valuation should be checked against that growth before investing.
What is the market cap of Syrma SGS, Craftsman Automation, Kajaria Ceramics and Elgi Equipments?
Ans. As of 20 October 2026, Syrma SGS has a market cap of Rs 32,631 crore, Craftsman Automation has a market cap of Rs 28,756 crore, Kajaria Ceramics has a market cap of Rs 19,246 crore and Elgi Equipments has a market cap of Rs 18,186 crore. Syrma SGS is the largest of the group. 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 Rs 200-500 crore profit.
What are the risks of investing in stocks with Rs 200-500 crore profit?
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. Craftsman Automation trades at a PE of 61.85 against an industry PE of 37.22, so earnings growth needs to hold up.
Why is Craftsman Automation trading at a PE of 61.85?
Ans. Craftsman Automation’s PE of 61.85 compares with an industry PE of 37.22. The market is paying a premium for profit growth of 23.87% a year since FY22, latest-quarter profit growth of 116.31% and FY26 revenue growth of 42.25%, which also means the stock is more sensitive if growth slows. Investors in stocks with Rs 200-500 crore profit who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Syrma SGS, Craftsman Automation, Kajaria Ceramics and Elgi Equipments?
Ans. As of the latest reported quarter, FII and DII together hold 23.42% of Syrma SGS (7.52% and 15.90%), 50.18% of Craftsman Automation (17.28% and 32.90%), 37.83% of Kajaria Ceramics (11.58% and 26.25%) and 32.03% of Elgi Equipments (21.90% and 10.13%). Rising institutional holding is a useful signal in stocks with Rs 200-500 crore profit, though it should be read with earnings trends rather than on its own.
