{"id":325020,"date":"2026-10-23T09:15:48","date_gmt":"2026-10-23T03:45:48","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=325020"},"modified":"2026-10-23T09:15:48","modified_gmt":"2026-10-23T03:45:48","slug":"largecap-passive-income-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Largecap Passive Income Stocks to Watch for Future Multibagger Potential: HDFC Bank, SBI, TCS and Infosys"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>HDFC Bank Rs 694.05. SBI Rs 970. TCS Rs 2,506.90. Infosys Rs 1,153.35. Market caps from Rs 4.42 lakh crore to Rs 11.23 lakh crore. Data as of 22 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">HDFC Bank, SBI, TCS and Infosys are the 4 picks in this passive income stocks watchlist, with market caps between Rs 4.42 lakh crore and Rs 11.23 lakh crore. HDFC Bank stands out for the largest market cap at Rs 11,22,628 crore, while SBI offers the fastest profit growth, 23.72% a year since FY22. PE ratios run from 9.82 to 16.06, so compare each one with its industry PE before investing. All figures are as of 22 October 2026.<\/p>\n<\/p><\/div>\n<p>Passive income stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. HDFC Bank, SBI, TCS and Infosys meet that test, with market caps from Rs 4.42 lakh crore to Rs 11.23 lakh crore and HDFC Bank offering the largest market cap at Rs 11,22,628 crore. Each of these companies has a dividend yield of at least 1.5 per cent, and net profit rose in FY26 and in the latest quarter.<\/p>\n<p>This list covers companies with a dividend yield of at least 1.5 per cent, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening passive income stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 22 October 2026 and are drawn from NSE and BSE data and company filings.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=passive-income-stocks\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#What_Are_Passive_Income_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Passive Income Stocks and Why Do They Attract Multibagger Interest?\">What Are Passive Income Stocks and Why Do They Attract Multibagger Interest?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Passive_Income_Stocks_at_a_Glance_Price_Market_Cap_PE_ROE_and_Price_to_Book\" title=\"Passive Income Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book\">Passive Income Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#HDFC_Bank_2004_Profit_CAGR_Since_FY22\" title=\"HDFC Bank: 20.04% Profit CAGR Since FY22\">HDFC Bank: 20.04% Profit CAGR Since FY22<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#SBI_2372_Profit_CAGR_Since_FY22\" title=\"SBI: 23.72% Profit CAGR Since FY22\">SBI: 23.72% Profit CAGR Since FY22<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#TCS_Return_on_Equity_of_4337\" title=\"TCS: Return on Equity of 43.37%\">TCS: Return on Equity of 43.37%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Infosys_Return_on_Equity_of_3324\" title=\"Infosys: Return on Equity of 33.24%\">Infosys: Return on Equity of 33.24%<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Passive_Income_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Passive Income Stocks: Financial Comparison on Growth and Margins\">Passive Income Stocks: Financial Comparison on Growth and Margins<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_HDFC_Bank_SBI_TCS_and_Infosys\" title=\"Institutional Holding in HDFC Bank, SBI, TCS and Infosys\">Institutional Holding in HDFC Bank, SBI, TCS and Infosys<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Passive_Income_Stocks\" title=\"Risks to Weigh in Passive Income Stocks\">Risks to Weigh in Passive Income Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Passive_Income_Stocks\" title=\"How to Choose Between Passive Income Stocks\">How to Choose Between Passive Income Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Passive_Income_Stocks_to_Watch\" title=\"Frequently Asked Questions on Passive Income Stocks to Watch\">Frequently Asked Questions on Passive Income Stocks to Watch<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Which_are_the_best_passive_income_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best passive income stocks to watch for multibagger potential?\">Which are the best passive income stocks to watch for multibagger potential?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Is_TCS_a_good_stock_for_long-term_investors\" title=\"Is TCS a good stock for long-term investors?\">Is TCS a good stock for long-term investors?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Can_SBI_become_a_multibagger_from_here\" title=\"Can SBI become a multibagger from here?\">Can SBI become a multibagger from here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_HDFC_Bank_SBI_TCS_and_Infosys\" title=\"What is the market cap of HDFC Bank, SBI, TCS and Infosys?\">What is the market cap of HDFC Bank, SBI, TCS and Infosys?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_passive_income_stocks\" title=\"What are the risks of investing in passive income stocks?\">What are the risks of investing in passive income stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#Is_SBI_trading_below_its_industry_PE\" title=\"Is SBI trading below its industry PE?\">Is SBI trading below its industry PE?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/largecap-passive-income-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_HDFC_Bank_SBI_TCS_and_Infosys\" title=\"How much do institutions hold in HDFC Bank, SBI, TCS and Infosys?\">How much do institutions hold in HDFC Bank, SBI, TCS and Infosys?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Passive_Income_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Passive Income Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Passive income stocks are shares that pay out a steady part of their profit as dividend every year. The four here cover private banking, public sector banking and two IT majors.<\/p>\n<p>A dividend backed by rising profit is more reliable than one paid from a shrinking base. For passive income stocks, latest quarter profit also rose. With passive income 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 passive income stocks are complete. Read each company&#8217;s latest results and exchange filings before acting on passive income stocks.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Passive_Income_Stocks_at_a_Glance_Price_Market_Cap_PE_ROE_and_Price_to_Book\"><\/span><strong>Passive Income Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are closing prices as of 22 October 2026. SBI has the lowest PE of the group at 9.82, while TCS posts the highest return on equity at 43.37%.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Industry PE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Price to Book<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">52-Week Range (Rs)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/hdfcbank\/hdfc-bank-ltd-share-price-today\">HDFC Bank<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">694.05<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11,22,628<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.61<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.94<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.14%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.87<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">681.90 to 1,020.50<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/sbin\/state-bank-of-india-share-price-today\">State Bank of India<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">970<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8,80,754<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.82<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.05<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14.29%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.50<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">877.05 to 1,234.70<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/tcs\/tata-consultancy-services-ltd-share-price-today\">Tata Consultancy Services<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,506.90<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8,32,884<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.06<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">43.37%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.00<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,976.80 to 3,350.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/infy\/infosys-ltd-share-price-today\">Infosys<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,153.35<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4,41,906<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14.57<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">33.24%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.12<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">980.40 to 1,728.00<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"HDFC_Bank_2004_Profit_CAGR_Since_FY22\"><\/span><strong>HDFC Bank: 20.04% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>HDFC Bank is India&#8217;s largest private sector bank by assets and serves retail, business and corporate customers through a wide branch and digital network. It reported FY26 total income of Rs 4,95,462.81 crore, up 5.21% year on year, and net profit of Rs 79,219.46 crore, up 7.87%. Net profit has compounded at 20.04% a year since FY22, while total income has grown 31.11% a year.<\/p>\n<p>In the September 2026 quarter, total income rose 9.11% to Rs 1,29,358.69 crore and net profit grew 5.76% to Rs 21,537.09 crore. Domestic institutions raised their holding from 36.26% in September 2025 to 43.63% in September 2026. The stock trades at a PE of 13.61 against an industry PE of 11.94, with a return on equity of 13.14%. The dividend yield is 2.13%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"SBI_2372_Profit_CAGR_Since_FY22\"><\/span><strong>SBI: 23.72% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>State Bank of India is the country&#8217;s largest lender, with a branch network that reaches every part of India. It reported FY26 total income of Rs 7,12,643.53 crore, up 7.43% year on year, and net profit of Rs 85,168.47 crore, up 7.78%. Net profit has compounded at 23.72% a year since FY22, while total income has grown 15.03% a year.<\/p>\n<p>The stock trades at a PE of 9.82 against an industry PE of 12.05, below the sector average, with a return on equity of 14.29%. The dividend yield is 1.82%. In the June 2026 quarter, total income rose 7.83% to Rs 1,80,061.86 crore and net profit grew 13.65% to Rs 24,579.04 crore. The share price has gained 92.86% over five years. Foreign investors raised their holding from 9.98% in July 2025 to 10.81% in June 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"TCS_Return_on_Equity_of_4337\"><\/span><strong>TCS: Return on Equity of 43.37%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>TCS is India&#8217;s largest IT services company by market capitalisation and runs large AI and data practices for global clients. It reported FY26 revenue of Rs 2,71,423 crore, up 4.68% year on year, and net profit of Rs 49,454 crore, up 1.35%. Net profit has compounded at 6.49% a year since FY22, while revenue has grown 8.51% a year. Operating margin was 27.07% in FY26. The debt-to-equity ratio is 0.10, which keeps interest costs low.<\/p>\n<p>In the September 2026 quarter, revenue rose 11.79% to Rs 74,525 crore and net profit grew 14.86% to Rs 13,934 crore. Domestic institutions raised their holding from 12.01% in June 2025 to 13.47% in June 2026. The stock trades at a PE of 16.06 against an industry PE of 18.27, below the sector average, with a return on equity of 43.37%. The dividend yield is 4.78%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Infosys_Return_on_Equity_of_3324\"><\/span><strong>Infosys: Return on Equity of 33.24%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Infosys is a large IT services and consulting company that has built an AI-first offering around its Topaz platform. It reported FY26 revenue of Rs 1,82,972 crore, up 9.83% year on year, and net profit of Rs 29,474 crore, up 10.18%. Net profit has compounded at 7.41% a year since FY22, while revenue has grown 10.23% a year. Operating margin was 25.36% in FY26. The debt-to-equity ratio is 0.10, which keeps interest costs low.<\/p>\n<p>The stock trades at a PE of 14.57 against an industry PE of 18.27, below the sector average, with a return on equity of 33.24%. The dividend yield is 4.40%. In the June 2026 quarter, revenue rose 13.56% to Rs 49,195 crore and net profit grew 12.29% to Rs 7,775 crore. Domestic institutions raised their holding from 39.60% in June 2025 to 42.96% in June 2026.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Passive_Income_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Passive Income Stocks: Financial Comparison on Growth and Margins<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares scale and growth across these passive income stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Total Income (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Income Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Income CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Net Profit CAGR<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">HDFC Bank<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4,95,462.81<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">79,219.46<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.21%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">31.11%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.04%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">SBI<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7,12,643.53<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">85,168.47<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.43%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.03%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.72%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">TCS<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,71,423<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">49,454<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.68%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.51%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">6.49%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Infosys<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,82,972<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">29,474<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.83%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.23%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.41%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these passive income stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_HDFC_Bank_SBI_TCS_and_Infosys\"><\/span><strong>Institutional Holding in HDFC Bank, SBI, TCS and Infosys<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these passive income stocks alongside the promoter. The table uses the latest reported quarter for each. HDFC Bank has the deepest institutional backing, with FII and DII together holding 83.03% as of September 2026. Domestic institutions increased their holding over the past year in HDFC Bank (from 36.26% to 43.63%), TCS (from 12.01% to 13.47%) and Infosys (from 39.60% to 42.96%).<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:16px 0;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Stock<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Promoter<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">FII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">DII<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Public<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Quarter<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">HDFC Bank<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Nil<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">39.40%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">43.63%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.97%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">September 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">SBI<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">55.47%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.81%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">26.64%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.08%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">TCS<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">71.77%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">9.06%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.47%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.70%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Infosys<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.82%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27.09%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">42.96%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">16.13%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">June 2026<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Weigh_in_Passive_Income_Stocks\"><\/span><strong>Risks to Weigh in Passive Income Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with passive income stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:<\/p>\n<ul>\n<li>Past growth may not repeat.<\/li>\n<li>Share prices can move sharply in either direction.<\/li>\n<li><strong>Valuation:<\/strong> HDFC Bank trades at a PE of 13.61 against an industry PE of 11.94, so earnings need to keep growing to support the price.<\/li>\n<li><strong>Concentration:<\/strong> Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Choose_Between_Passive_Income_Stocks\"><\/span><strong>How to Choose Between Passive Income Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from passive income stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check asset quality and net interest margin first, then return on equity and price to book. Debt-to-equity does not apply to lenders.<\/li>\n<li>Compare each PE with the industry PE (11.94 to 18.27) and ask whether the growth rate justifies any gap.<\/li>\n<li>Track net profit growth, the operating margin and the return on equity in every quarterly result.<\/li>\n<li>Stagger entries across quarters and review institutional holding every reporting season.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track HDFC Bank, SBI, TCS and Infosys live prices.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among passive income stocks, HDFC Bank stands out for the largest market cap at Rs 11,22,628 crore, SBI for the fastest profit growth, 23.72% a year since FY22, TCS for the highest return on equity at 43.37% and Infosys for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.10. 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 passive income 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.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Passive_Income_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Passive Income Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_passive_income_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best passive income stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> HDFC Bank, SBI, TCS and Infosys are the 4 names this list highlights, with market caps of Rs 11,22,628 crore, Rs 8,80,754 crore, Rs 8,32,884 crore and Rs 4,41,906 crore respectively. HDFC Bank is notable for the largest market cap at Rs 11,22,628 crore. SBI stands out for the fastest profit growth, 23.72% a year since FY22. TCS offers the highest return on equity at 43.37%. Infosys brings a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.10. These are watchlist names for passive income stocks, not recommendations, so match each one to your own risk profile and time horizon.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_TCS_a_good_stock_for_long-term_investors\"><\/span><strong>Is TCS a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> TCS has a return on equity of 43.37%, a PE of 16.06 against an industry PE of 18.27 and a market cap of Rs 8,32,884 crore. Net profit has compounded at 6.49% a year since FY22, and FY26 revenue rose 4.68% while September 2026 quarter net profit grew 14.86%. Long-term returns in passive income stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Can_SBI_become_a_multibagger_from_here\"><\/span><strong>Can SBI become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> SBI has already gained 92.86% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in passive income stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 23.72% a year since FY22, and FY26 revenue rose 7.43%. At a PE of 9.82 against an industry PE of 12.05, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_HDFC_Bank_SBI_TCS_and_Infosys\"><\/span><strong>What is the market cap of HDFC Bank, SBI, TCS and Infosys?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 22 October 2026, HDFC Bank has a market cap of Rs 11,22,628 crore, SBI has a market cap of Rs 8,80,754 crore, TCS has a market cap of Rs 8,32,884 crore and Infosys has a market cap of Rs 4,41,906 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 passive income stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_passive_income_stocks\"><\/span><strong>What are the risks of investing in passive income stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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. HDFC Bank trades at a PE of 13.61 against an industry PE of 11.94, so earnings growth needs to hold up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_SBI_trading_below_its_industry_PE\"><\/span><strong>Is SBI trading below its industry PE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> SBI trades at a PE of 9.82 against an industry PE of 12.05. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (net profit has compounded at 23.72% a year since FY22 and FY26 revenue rose 7.43%) and balance sheet strength before drawing a conclusion.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_HDFC_Bank_SBI_TCS_and_Infosys\"><\/span><strong>How much do institutions hold in HDFC Bank, SBI, TCS and Infosys?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of the latest reported quarter, FII and DII together hold 83.03% of HDFC Bank (39.40% and 43.63%), 37.45% of SBI (10.81% and 26.64%), 22.53% of TCS (9.06% and 13.47%) and 70.05% of Infosys (27.09% and 42.96%). Rising institutional holding is a useful signal in passive income stocks, though it should be read with earnings trends rather than on its own.<\/p>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best passive income stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"HDFC Bank, SBI, TCS and Infosys are the 4 names this list highlights, with market caps of Rs 11,22,628 crore, Rs 8,80,754 crore, Rs 8,32,884 crore and Rs 4,41,906 crore respectively. HDFC Bank is notable for the largest market cap at Rs 11,22,628 crore. SBI stands out for the fastest profit growth, 23.72% a year since FY22. TCS offers the highest return on equity at 43.37%. Infosys brings a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.10. 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