{"id":342877,"date":"2026-11-10T10:35:49","date_gmt":"2026-11-10T05:05:49","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=342877"},"modified":"2026-11-10T10:35:49","modified_gmt":"2026-11-10T05:05:49","slug":"midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/","title":{"rendered":"4 Midcap Promoter Backed High Margin Reasonable PE Stocks to Watch for Future Multibagger Potential: Mazagon Dock, Waaree Energies, Oil India and NMDC"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Mazagon Dock Rs 1,859. Waaree Energies Rs 2,439. Oil India Rs 444.50. NMDC Rs 71. Market caps from Rs 64,271 crore to Rs 82,030 crore. Data as of 9 Nov 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;\">Mazagon Dock, Waaree Energies, Oil India and NMDC are the 4 picks in this promoter backed high margin reasonable PE stocks watchlist, with market caps between Rs 64,271 crore and Rs 82,030 crore. Mazagon Dock stands out for the highest return on equity at 26.48%, while Waaree Energies offers 83.52% revenue growth in FY26. PE ratios run from 7.42 to 28.74, so compare each one with its industry PE before investing. All figures are as of 9 November 2026.<\/p>\n<\/p><\/div>\n<p>Promoter backed high margin reasonable PE stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Mazagon Dock, Waaree Energies, Oil India and NMDC meet that test, with market caps from Rs 64,271 crore to Rs 82,030 crore and Mazagon Dock offering the highest return on equity at 26.48%. 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, an operating margin of at least 20 per cent and a price to earnings ratio below 30, 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.<\/p>\n<p>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, an operating margin of at least 20 per cent and a price to earnings ratio below 30, 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 high margin reasonable PE 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.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=promoter-backed-high-margin-reasonable-pe-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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#What_Are_Promoter_Backed_High_Margin_Reasonable_PE_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\" title=\"What Are Promoter Backed High Margin Reasonable PE Stocks and Why Do They Attract Multibagger Interest?\">What Are Promoter Backed High Margin Reasonable PE 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Promoter_Backed_High_Margin_Reasonable_PE_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\" title=\"Promoter Backed High Margin Reasonable PE Stocks at a Glance: Price, Market Cap, PE and ROE\">Promoter Backed High Margin Reasonable PE Stocks at a Glance: Price, Market Cap, PE and ROE<\/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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Mazagon_Dock_4401_Profit_CAGR_Since_FY22\" title=\"Mazagon Dock: 44.01% Profit CAGR Since FY22\">Mazagon Dock: 44.01% 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Waaree_Energies_Revenue_Up_8352_in_FY26\" title=\"Waaree Energies: Revenue Up 83.52% in FY26\">Waaree Energies: Revenue Up 83.52% in FY26<\/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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Oil_India_Quarterly_Profit_Up_9677\" title=\"Oil India: Quarterly Profit Up 96.77%\">Oil India: Quarterly Profit Up 96.77%<\/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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#NMDC_Revenue_Up_3161_in_FY26\" title=\"NMDC: Revenue Up 31.61% in FY26\">NMDC: Revenue Up 31.61% in FY26<\/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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Promoter_Backed_High_Margin_Reasonable_PE_Stocks_Financial_Comparison_on_Growth_and_Margins\" title=\"Promoter Backed High Margin Reasonable PE Stocks: Financial Comparison on Growth and Margins\">Promoter Backed High Margin Reasonable PE 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Institutional_Holding_in_Mazagon_Dock_Waaree_Energies_Oil_India_and_NMDC\" title=\"Institutional Holding in Mazagon Dock, Waaree Energies, Oil India and NMDC\">Institutional Holding in Mazagon Dock, Waaree Energies, Oil India and NMDC<\/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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Risks_to_Weigh_in_Promoter_Backed_High_Margin_Reasonable_PE_Stocks\" title=\"Risks to Weigh in Promoter Backed High Margin Reasonable PE Stocks\">Risks to Weigh in Promoter Backed High Margin Reasonable PE 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#How_to_Choose_Between_Promoter_Backed_High_Margin_Reasonable_PE_Stocks\" title=\"How to Choose Between Promoter Backed High Margin Reasonable PE Stocks\">How to Choose Between Promoter Backed High Margin Reasonable PE 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\/midcap-promoter-backed-high-margin-reasonable-pe-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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Frequently_Asked_Questions_on_Promoter_Backed_High_Margin_Reasonable_PE_Stocks_to_Watch\" title=\"Frequently Asked Questions on Promoter Backed High Margin Reasonable PE Stocks to Watch\">Frequently Asked Questions on Promoter Backed High Margin Reasonable PE 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Which_are_the_best_promoter_backed_high_margin_reasonable_PE_stocks_to_watch_for_multibagger_potential\" title=\"Which are the best promoter backed high margin reasonable PE stocks to watch for multibagger potential?\">Which are the best promoter backed high margin reasonable PE 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Is_Mazagon_Dock_a_good_stock_for_long-term_investors\" title=\"Is Mazagon Dock a good stock for long-term investors?\">Is Mazagon Dock 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Can_Oil_India_become_a_multibagger_from_here\" title=\"Can Oil India become a multibagger from here?\">Can Oil India 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#What_is_the_market_cap_of_Mazagon_Dock_Waaree_Energies_Oil_India_and_NMDC\" title=\"What is the market cap of Mazagon Dock, Waaree Energies, Oil India and NMDC?\">What is the market cap of Mazagon Dock, Waaree Energies, Oil India and NMDC?<\/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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#What_are_the_risks_of_investing_in_promoter_backed_high_margin_reasonable_PE_stocks\" title=\"What are the risks of investing in promoter backed high margin reasonable PE stocks?\">What are the risks of investing in promoter backed high margin reasonable PE 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#Is_Oil_India_trading_below_its_industry_PE\" title=\"Is Oil India trading below its industry PE?\">Is Oil India 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\/midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-multibagger-potential\/#How_much_do_institutions_hold_in_Mazagon_Dock_Waaree_Energies_Oil_India_and_NMDC\" title=\"How much do institutions hold in Mazagon Dock, Waaree Energies, Oil India and NMDC?\">How much do institutions hold in Mazagon Dock, Waaree Energies, Oil India and NMDC?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Promoter_Backed_High_Margin_Reasonable_PE_Stocks_and_Why_Do_They_Attract_Multibagger_Interest\"><\/span><strong>What Are Promoter Backed High Margin Reasonable PE Stocks and Why Do They Attract Multibagger Interest?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Promoter backed high margin reasonable PE stocks are shares of mid sized companies in which the promoters own at least half of the business, at least twenty paise of operating profit is kept from every rupee of sales and the price to earnings ratio is below thirty. The four here cover oil and gas exploration, solar modules, iron ore mining and shipbuilding.<\/p>\n<p>Owners with a large stake have their own wealth tied to the company, a rich margin shows pricing strength, and a PE below 30 shows that the market is not paying an extreme price for it. Within promoter backed high margin reasonable PE stocks, the four companies show rising profit. For promoter backed high margin reasonable PE stocks, both FY26 and the latest quarter showed growth. Whichever way you read promoter backed high margin reasonable PE stocks, the common thread is rising profit backed by complete financial data. Investors researching promoter backed high margin reasonable PE stocks get a fuller picture by reading growth and valuation together. The table below lines up promoter backed high margin reasonable PE stocks on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use promoter backed high margin reasonable PE stocks as a starting point for your own research.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Promoter_Backed_High_Margin_Reasonable_PE_Stocks_at_a_Glance_Price_Market_Cap_PE_and_ROE\"><\/span><strong>Promoter Backed High Margin Reasonable PE Stocks at a Glance: Price, Market Cap, PE and ROE<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Prices are closing prices as of 9 November 2026. Oil India has the lowest PE of the group at 7.42, while Mazagon Dock posts the highest return on equity at 26.48%.<\/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;\">Debt to Equity<\/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\/mazdock\/mazagon-dock-shipbuilders-ltd-share-price-today\">Mazagon Dock Shipbuilders<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,859<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">82,030<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">28.74<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">48.92<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">26.48%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.05<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1,705.30 to 2,881.80<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/waareeener\/waaree-energies-ltd-share-price-today\">Waaree Energies<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,439<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">73,726<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">18.42<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">45.89<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.71%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.22<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,238.00 to 3,718.80<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/oil\/oil-india-ltd-share-price-today\">Oil India<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">444.50<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">70,776<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.42<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.16<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.41%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.65<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">395.60 to 531.00<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\"><a href=\"https:\/\/univest.in\/stocks\/nmdc\/nmdc-ltd-share-price-today\">NMDC<\/a><\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">71<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">64,271<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.62<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.06<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">21.87%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">0.19<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">66.35 to 97.49<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Mazagon_Dock_4401_Profit_CAGR_Since_FY22\"><\/span><strong>Mazagon Dock: 44.01% Profit CAGR Since FY22<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mazagon Dock Shipbuilders builds warships and submarines for the Indian Navy and is a key defence shipyard. It reported FY26 revenue of Rs 14,145.71 crore, up 12.77% year on year, and net profit of Rs 2,421.88 crore, up 6.35%. Net profit has compounded at 44.01% a year since FY22, while revenue has grown 23.18% a year. Operating margin was 26.20% in FY26. The debt-to-equity ratio is 0.05, which keeps interest costs low.<\/p>\n<p>In the June 2026 quarter, revenue rose 10.40% to Rs 3,255.88 crore and net profit grew 22.12% to Rs 512.04 crore. The share price has gained 1573.98% over five years. Promoters hold 81.22%, which keeps ownership stable. The stock trades at a PE of 28.74 against an industry PE of 48.92, below the sector average, with a return on equity of 26.48%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Waaree_Energies_Revenue_Up_8352_in_FY26\"><\/span><strong>Waaree Energies: Revenue Up 83.52% in FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Waaree Energies is one of India&#8217;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.<\/p>\n<p>The stock trades at a PE of 18.42 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Oil_India_Quarterly_Profit_Up_9677\"><\/span><strong>Oil India: Quarterly Profit Up 96.77%<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>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.<\/p>\n<p>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%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"NMDC_Revenue_Up_3161_in_FY26\"><\/span><strong>NMDC: Revenue Up 31.61% in FY26<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>NMDC is a government-owned miner and India&#8217;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.<\/p>\n<p>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%. 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.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Promoter_Backed_High_Margin_Reasonable_PE_Stocks_Financial_Comparison_on_Growth_and_Margins\"><\/span><strong>Promoter Backed High Margin Reasonable PE 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 promoter backed high margin reasonable PE 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;\">Revenue (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;\">Revenue Growth (YoY)<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">4-Year Revenue CAGR<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Latest Quarter Revenue Growth<\/th>\n<th style=\"border:1px solid #BBBBBB;background:#1F4E79;color:#FFFFFF;padding:8px;text-align:left;\">Operating Margin (Latest Quarter)<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Mazagon Dock<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">14,145.71<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">2,421.88<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.77%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.18%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">10.40%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">25.82%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Waaree Energies<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">27,244.92<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">3,884.15<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">83.52%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">74.31%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">76.25%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.31%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">Oil India<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">35,877.28<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7,550.67<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.97%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.32%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">46.98%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">49.06%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">NMDC<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">33,559.27<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7,415.37<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">31.61%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.90%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.47%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">41.43%<\/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 promoter backed high margin reasonable PE stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Institutional_Holding_in_Mazagon_Dock_Waaree_Energies_Oil_India_and_NMDC\"><\/span><strong>Institutional Holding in Mazagon Dock, Waaree Energies, Oil India and NMDC<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Institutional holding shows who is backing these promoter backed high margin reasonable PE stocks alongside the promoter. The table uses the latest reported quarter for each. Oil India has the deepest institutional backing, with FII and DII together holding 27.42% as of June 2026. Domestic institutions increased their holding over the past year in Waaree Energies (from 2.82% to 4.09%) and Oil India (from 18.41% to 20.14%). Keeping an eye on the <a href=\"https:\/\/univest.in\/indices\/nifty-midcap-100\/nifty-midcap-100-share-price-today\">Nifty Midcap 100<\/a> alongside this list shows whether these shares are moving with the wider market.<\/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;\">Mazagon Dock<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">81.22%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">1.72%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">5.01%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">12.04%<\/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;\">Waaree Energies<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">64.12%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">8.57%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">4.09%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">23.22%<\/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;\">Oil India<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">56.66%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">7.28%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">20.14%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">15.93%<\/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;\">NMDC<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">60.79%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.59%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">13.81%<\/td>\n<td style=\"border:1px solid #BBBBBB;padding:8px;\">11.80%<\/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_Promoter_Backed_High_Margin_Reasonable_PE_Stocks\"><\/span><strong>Risks to Weigh in Promoter Backed High Margin Reasonable PE Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Being careful with promoter backed high margin reasonable PE 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> 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.<\/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_Promoter_Backed_High_Margin_Reasonable_PE_Stocks\"><\/span><strong>How to Choose Between Promoter Backed High Margin Reasonable PE Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Picking from promoter backed high margin reasonable PE stocks comes down to four checks, applied in order.<\/p>\n<ol>\n<li>Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.<\/li>\n<li>Compare each PE with the industry PE (7.16 to 48.92) 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 Mazagon Dock, Waaree Energies, Oil India and NMDC 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 promoter backed high margin reasonable PE stocks, Mazagon Dock stands out for the highest return on equity at 26.48%, Waaree Energies for 83.52% revenue growth in FY26, Oil India for the strongest latest-quarter profit growth at 96.77% and NMDC for 31.61% 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 high margin reasonable PE 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_Promoter_Backed_High_Margin_Reasonable_PE_Stocks_to_Watch\"><\/span><strong>Frequently Asked Questions on Promoter Backed High Margin Reasonable PE Stocks to Watch<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_promoter_backed_high_margin_reasonable_PE_stocks_to_watch_for_multibagger_potential\"><\/span><strong>Which are the best promoter backed high margin reasonable PE stocks to watch for multibagger potential?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mazagon Dock, Waaree Energies, Oil India and NMDC are the 4 names this list highlights, with market caps of Rs 82,030 crore, Rs 73,726 crore, Rs 70,776 crore and Rs 64,271 crore respectively. Mazagon Dock is notable for the highest return on equity at 26.48%. Waaree Energies stands out for 83.52% revenue growth in FY26. Oil India offers the strongest latest-quarter profit growth at 96.77%. NMDC brings 31.61% revenue growth in FY26. These are watchlist names for promoter backed high margin reasonable PE 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_Mazagon_Dock_a_good_stock_for_long-term_investors\"><\/span><strong>Is Mazagon Dock a good stock for long-term investors?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Mazagon Dock has a return on equity of 26.48%, a PE of 28.74 against an industry PE of 48.92 and a market cap of Rs 82,030 crore. Net profit has compounded at 44.01% a year since FY22, and FY26 revenue rose 12.77% while June 2026 quarter net profit grew 22.12%. Long-term returns in promoter backed high margin reasonable PE 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_Oil_India_become_a_multibagger_from_here\"><\/span><strong>Can Oil India become a multibagger from here?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Oil India has already gained 185.20% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in promoter backed high margin reasonable PE stocks requires earnings to keep growing faster than the market for several years. FY26 revenue rose 4.97%, and June 2026 quarter net profit grew 96.77%. At a PE of 7.42 against an industry PE of 7.16, valuation should be checked against that growth before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_market_cap_of_Mazagon_Dock_Waaree_Energies_Oil_India_and_NMDC\"><\/span><strong>What is the market cap of Mazagon Dock, Waaree Energies, Oil India and NMDC?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> As of 9 November 2026, Mazagon Dock has a market cap of Rs 82,030 crore, Waaree Energies has a market cap of Rs 73,726 crore, Oil India has a market cap of Rs 70,776 crore and NMDC has a market cap of Rs 64,271 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 high margin reasonable PE stocks.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_promoter_backed_high_margin_reasonable_PE_stocks\"><\/span><strong>What are the risks of investing in promoter backed high margin reasonable PE 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. Oil India trades at a PE of 7.42 against an industry PE of 7.16, so earnings growth needs to hold up.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Oil_India_trading_below_its_industry_PE\"><\/span><strong>Is Oil India trading below its industry PE?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_do_institutions_hold_in_Mazagon_Dock_Waaree_Energies_Oil_India_and_NMDC\"><\/span><strong>How much do institutions hold in Mazagon Dock, Waaree Energies, Oil India and NMDC?<\/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 6.73% of Mazagon Dock (1.72% and 5.01%), 12.66% of Waaree Energies (8.57% and 4.09%), 27.42% of Oil India (7.28% and 20.14%) and 27.40% of NMDC (13.59% and 13.81%). Rising institutional holding is a useful signal in promoter backed high margin reasonable PE 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 promoter backed high margin reasonable PE stocks to watch for multibagger potential?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mazagon Dock, Waaree Energies, Oil India and NMDC are the 4 names this list highlights, with market caps of Rs 82,030 crore, Rs 73,726 crore, Rs 70,776 crore and Rs 64,271 crore respectively. Mazagon Dock is notable for the highest return on equity at 26.48%. Waaree Energies stands out for 83.52% revenue growth in FY26. Oil India offers the strongest latest-quarter profit growth at 96.77%. NMDC brings 31.61% revenue growth in FY26. These are watchlist names for promoter backed high margin reasonable PE stocks, not recommendations, so match each one to your own risk profile and time horizon.\"}},{\"@type\":\"Question\",\"name\":\"Is Mazagon Dock a good stock for long-term investors?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Mazagon Dock has a return on equity of 26.48%, a PE of 28.74 against an industry PE of 48.92 and a market cap of Rs 82,030 crore. Net profit has compounded at 44.01% a year since FY22, and FY26 revenue rose 12.77% while June 2026 quarter net profit grew 22.12%. Long-term returns in promoter backed high margin reasonable PE stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.\"}},{\"@type\":\"Question\",\"name\":\"Can Oil India become a multibagger from here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Oil India has already gained 185.20% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in promoter backed high margin reasonable PE stocks requires earnings to keep growing faster than the market for several years. FY26 revenue rose 4.97%, and June 2026 quarter net profit grew 96.77%. At a PE of 7.42 against an industry PE of 7.16, valuation should be checked against that growth before investing.\"}},{\"@type\":\"Question\",\"name\":\"What is the market cap of Mazagon Dock, Waaree Energies, Oil India and NMDC?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of 9 November 2026, Mazagon Dock has a market cap of Rs 82,030 crore, Waaree Energies has a market cap of Rs 73,726 crore, Oil India has a market cap of Rs 70,776 crore and NMDC has a market cap of Rs 64,271 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 high margin reasonable PE stocks.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks of investing in promoter backed high margin reasonable PE stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"Is Oil India trading below its industry PE?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"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.\"}},{\"@type\":\"Question\",\"name\":\"How much do institutions hold in Mazagon Dock, Waaree Energies, Oil India and NMDC?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"As of the latest reported quarter, FII and DII together hold 6.73% of Mazagon Dock (1.72% and 5.01%), 12.66% of Waaree Energies (8.57% and 4.09%), 27.42% of Oil India (7.28% and 20.14%) and 27.40% of NMDC (13.59% and 13.81%). Rising institutional holding is a useful signal in promoter backed high margin reasonable PE stocks, though it should be read with earnings trends rather than on its own.\"}}]}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>4 midcap promoter backed high margin reasonable PE stocks compared on market cap, PE, ROE, growth and institutional holding: Mazagon Dock, Waaree Energies, Oil India and NMDC.<\/p>\n","protected":false},"author":33,"featured_media":342876,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[21519,21518],"class_list":["post-342877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-promoter-backed-high-margin-reasonable-pe-sector","tag-promoter-backed-high-margin-reasonable-pe-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["342876"],"rank_math_title":["Promoter Backed High Margin Reasonable PE Stocks to Watch in 2026"],"rank_math_description":["Promoter backed high margin reasonable PE stocks to watch for multibagger potential: Mazagon Dock, Waaree Energies, Oil India and NMDC. Compare PE, ROE and growth."],"rank_math_focus_keyword":["promoter backed high margin reasonable PE stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/11\/4-midcap-promoter-backed-high-margin-reasonable-pe-stocks-to-watch-for-future.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/342877","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=342877"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/342877\/revisions"}],"predecessor-version":[{"id":342878,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/342877\/revisions\/342878"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/342876"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=342877"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=342877"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=342877"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}