
4 Largecap High Revenue CAGR and Low Debt Stocks to Watch for Future Multibagger Potential: Avenue Supermarts, Eicher Motors, CG Power and Polycab
Avenue Supermarts Rs 3,199. Eicher Motors Rs 7,220. CG Power Rs 804. Polycab Rs 7,787. Market caps from Rs 1.26 lakh crore to Rs 2.13 lakh crore. Data as of 30 Oct 2026.
Updated: 2 Nov 2026 • 11:17 am
Posted by:

Quick Answer
Avenue Supermarts, Eicher Motors, CG Power and Polycab are the 4 picks in this high revenue CAGR and low debt stocks watchlist, with market caps between Rs 1.26 lakh crore and Rs 2.13 lakh crore. Avenue Supermarts stands out for the largest market cap at Rs 2,13,158 crore, while Eicher Motors offers the fastest profit growth, 34.67% a year since FY22. PE ratios run from 34.26 to 102.27, so compare each one with its industry PE before investing. All figures are as of 30 October 2026.
High revenue CAGR and low debt stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Avenue Supermarts, Eicher Motors, CG Power and Polycab meet that test, with market caps from Rs 1.26 lakh crore to Rs 2.13 lakh crore and Avenue Supermarts offering the largest market cap at Rs 2,13,158 crore. Each of these companies has a four year revenue CAGR of at least 15 per cent and a debt to equity ratio below 0.3, a return on equity of at least 10 per cent and profit growth in FY26 and in the latest quarter, and net profit rose in FY26 and in the latest quarter.
This list covers companies with a four year revenue CAGR of at least 15 per cent and a debt to equity ratio below 0.3, 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, 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 high revenue CAGR and low debt stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 30 October 2026 and are drawn from NSE and BSE data and company filings.
Click Here – Get Free Investment Predictions
What Are High Revenue CAGR and Low Debt Stocks and Why Do They Attract Multibagger Interest?
High revenue CAGR and low debt stocks are shares of large companies whose sales have compounded at fifteen per cent or more a year from FY22 to FY26 while debt stayed low, so growth was earned by the business and not funded by lenders. The four here cover retail, power equipment, cables and premium motorcycles.
Sales that keep compounding for four years show steady demand, and low debt shows that the growth did not depend on borrowing, which makes the record more dependable. For high revenue CAGR and low debt stocks, both FY26 and the latest quarter showed growth. Whichever way you read high revenue CAGR and low debt stocks, the common thread is rising profit backed by complete financial data. With high revenue CAGR and low debt 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 high revenue CAGR and low debt stocks are complete. Read each company's latest results and exchange filings before acting on high revenue CAGR and low debt stocks.
High Revenue CAGR and Low Debt Stocks at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 30 October 2026. Eicher Motors has the lowest PE of the group at 34.26, while Polycab posts the highest return on equity at 22.25%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Avenue Supermarts | 3,199 | 2,13,158 | 68.42 | 64.73 | 11.94% | 0.16 | 3,133.90 to 4,644.00 |
| Eicher Motors | 7,220 | 1,97,802 | 34.26 | 23.82 | 21.97% | 0.02 | 6,442.00 to 8,230.00 |
| CG Power and Industrial Solutions | 804 | 1,26,807 | 102.27 | 45.89 | 15.13% | 0.01 | 525.50 to 980.90 |
| Polycab India | 7,787 | 1,25,654 | 43.25 | 49.96 | 22.25% | 0.02 | 6,663.00 to 10,126.00 |
Avenue Supermarts: Profit Compounding at 18.77% a Year
Avenue Supermarts runs the DMart chain of stores that sell groceries and everyday products at low prices. It reported FY26 revenue of Rs 68,894.84 crore, up 15.82% year on year, and net profit of Rs 2,969.86 crore, up 9.69%. Net profit has compounded at 18.77% a year since FY22, while revenue has grown 22.01% a year. Operating margin was 7.07% in FY26. The debt-to-equity ratio is 0.16.
In the September 2026 quarter, revenue rose 17.74% to Rs 19,657.54 crore and net profit grew 8.49% to Rs 742.98 crore. Foreign investors raised their holding from 8.25% in June 2025 to 9.23% in June 2026. The stock trades at a PE of 68.42 against an industry PE of 64.73.
Eicher Motors: 34.67% Profit CAGR Since FY22
Eicher Motors owns the Royal Enfield brand of premium motorcycles and is a partner in the Eicher commercial vehicle business. It reported FY26 revenue of Rs 24,894.09 crore, up 23.39% year on year, and net profit of Rs 5,515.23 crore, up 16.49%. Net profit has compounded at 34.67% a year since FY22, while revenue has grown 23.39% a year. Operating margin was 34.24% in FY26. The debt-to-equity ratio is 0.02, which keeps interest costs low.
The stock trades at a PE of 34.26 against an industry PE of 23.82, with a return on equity of 21.97%. In the June 2026 quarter, revenue rose 29.35% to Rs 7,098.73 crore and net profit grew 21.35% to Rs 1,462.51 crore. The share price has gained 174.76% over five years.
CG Power: Revenue Up 25.73% in FY26
CG Power and Industrial Solutions makes transformers, motors, drives and railway signalling products, and has entered semiconductor assembly. It reported FY26 revenue of Rs 12,662.22 crore, up 25.73% year on year, and net profit of Rs 1,196.73 crore, up 23.00%. Net profit has compounded at 17.42% a year since FY22, while revenue has grown 23.06% a year. Operating margin was 14.88% in FY26. The debt-to-equity ratio is 0.01, which keeps interest costs low.
In the June 2026 quarter, revenue rose 15.76% to Rs 3,364.39 crore and net profit grew 15.52% to Rs 308.28 crore. The share price has gained 563.19% over five years. Domestic institutions raised their holding from 16.33% in July 2025 to 18.30% in June 2026. The stock trades at a PE of 102.27 against an industry PE of 45.89, with a return on equity of 15.13%.
Polycab: 33.79% Profit CAGR Since FY22
Polycab India is a leading maker of wires and cables in India, with a growing fast-moving electrical goods business. It reported FY26 revenue of Rs 29,120.04 crore, up 28.76% year on year, and net profit of Rs 2,708.43 crore, up 32.41%. Net profit has compounded at 33.79% a year since FY22, while revenue has grown 24.06% a year. Operating margin was 14.69% in FY26. The debt-to-equity ratio is 0.02, which keeps interest costs low.
The stock trades at a PE of 43.25 against an industry PE of 49.96, below the sector average, with a return on equity of 22.25%. In the June 2026 quarter, revenue rose 38.90% to Rs 8,314.65 crore and net profit grew 32.84% to Rs 796.65 crore. The share price has gained 230.55% over five years. Foreign investors raised their holding from 11.44% in June 2025 to 19.00% in June 2026.
High Revenue CAGR and Low Debt Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these high revenue CAGR and low debt stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Revenue (Rs Cr) | Net Profit (Rs Cr) | Revenue Growth (YoY) | 4-Year Revenue CAGR | 4-Year Net Profit CAGR | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Avenue Supermarts | 68,894.84 | 2,969.86 | 15.82% | 22.01% | 18.77% | 7.16% |
| Eicher Motors | 24,894.09 | 5,515.23 | 23.39% | 23.39% | 34.67% | 34.28% |
| CG Power | 12,662.22 | 1,196.73 | 25.73% | 23.06% | 17.42% | 14.66% |
| Polycab | 29,120.04 | 2,708.43 | 28.76% | 24.06% | 33.79% | 15.12% |
Check the Univest Screener for live data on these high revenue CAGR and low debt stocks
Institutional Holding in Avenue Supermarts, Eicher Motors, CG Power and Polycab
Institutional holding shows who is backing these high revenue CAGR and low debt stocks alongside the promoter. The table uses the latest reported quarter for each. Eicher Motors has the deepest institutional backing, with FII and DII together holding 41.59% as of June 2026. Domestic institutions increased their holding over the past year in CG Power (from 16.33% to 18.30%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Avenue Supermarts | 74.48% | 9.23% | 8.74% | 7.55% | June 2026 |
| Eicher Motors | 49.02% | 25.53% | 16.06% | 9.40% | June 2026 |
| CG Power | 56.36% | 11.97% | 18.30% | 13.37% | June 2026 |
| Polycab | 61.46% | 19.00% | 7.62% | 11.92% | June 2026 |
Risks to Weigh in High Revenue CAGR and Low Debt Stocks
Being careful with high revenue CAGR and low debt stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:
- Past growth may not repeat.
- Share prices can move sharply in either direction.
- Valuation: CG Power trades at a PE of 102.27 against an industry PE of 45.89, 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 High Revenue CAGR and Low Debt Stocks
Picking from high revenue CAGR and low debt stocks comes down to four checks, applied in order.
- Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
- Compare each PE with the industry PE (23.82 to 64.73) 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 Avenue Supermarts, Eicher Motors, CG Power and Polycab live prices.
Conclusion
Among high revenue CAGR and low debt stocks, Avenue Supermarts stands out for the largest market cap at Rs 2,13,158 crore, Eicher Motors for the fastest profit growth, 34.67% a year since FY22, CG Power for the biggest five-year price gain at 563.19% and Polycab for the highest return on equity at 22.25%. 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 high revenue CAGR and low debt stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on High Revenue CAGR and Low Debt Stocks to Watch
Which are the best high revenue CAGR and low debt stocks to watch for multibagger potential?
Ans. Avenue Supermarts, Eicher Motors, CG Power and Polycab are the 4 names this list highlights, with market caps of Rs 2,13,158 crore, Rs 1,97,802 crore, Rs 1,26,807 crore and Rs 1,25,654 crore respectively. Avenue Supermarts is notable for the largest market cap at Rs 2,13,158 crore. Eicher Motors stands out for the fastest profit growth, 34.67% a year since FY22. CG Power offers the biggest five-year price gain at 563.19%. Polycab brings the highest return on equity at 22.25%. These are watchlist names for high revenue CAGR and low debt stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Polycab a good stock for long-term investors?
Ans. Polycab has a return on equity of 22.25%, a PE of 43.25 against an industry PE of 49.96 and a market cap of Rs 1,25,654 crore. Net profit has compounded at 33.79% a year since FY22, and FY26 revenue rose 28.76% while June 2026 quarter net profit grew 32.84%. Long-term returns in high revenue CAGR and low debt stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Eicher Motors become a multibagger from here?
Ans. Eicher Motors has already gained 174.76% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in high revenue CAGR and low debt stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 34.67% a year since FY22, and FY26 revenue rose 23.39%. At a PE of 34.26 against an industry PE of 23.82, valuation should be checked against that growth before investing.
What is the market cap of Avenue Supermarts, Eicher Motors, CG Power and Polycab?
Ans. As of 30 October 2026, Avenue Supermarts has a market cap of Rs 2,13,158 crore, Eicher Motors has a market cap of Rs 1,97,802 crore, CG Power has a market cap of Rs 1,26,807 crore and Polycab has a market cap of Rs 1,25,654 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 high revenue CAGR and low debt stocks.
What are the risks of investing in high revenue CAGR and low debt stocks?
Ans. The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. CG Power trades at a PE of 102.27 against an industry PE of 45.89, so earnings growth needs to hold up.
Why is CG Power trading at a PE of 102.27?
Ans. CG Power's PE of 102.27 compares with an industry PE of 45.89. The market is paying a premium for a return on equity of 15.13%, profit growth of 17.42% a year since FY22 and latest-quarter profit growth of 15.52%, which also means the stock is more sensitive if growth slows. Investors in high revenue CAGR and low debt stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Avenue Supermarts, Eicher Motors, CG Power and Polycab?
Ans. As of the latest reported quarter, FII and DII together hold 17.97% of Avenue Supermarts (9.23% and 8.74%), 41.59% of Eicher Motors (25.53% and 16.06%), 30.27% of CG Power (11.97% and 18.30%) and 26.62% of Polycab (19.00% and 7.62%). Rising institutional holding is a useful signal in high revenue CAGR and low debt stocks, though it should be read with earnings trends rather than on its own.
Recent Articles

4 Midcap Quarterly Profit Growth and High ROE Stocks to Watch for Future Multibagger Potential: Mazagon Dock, Kalyan Jewellers, Ajanta Pharma and Premier Energies
2 November 2026

4 Largecap Quarterly Profit Growth and High ROE Stocks to Watch for Future Multibagger Potential: Asian Paints, Hindustan Zinc, Pidilite and Polycab
2 November 2026

4 Smallcap Promoter Backed High Margin Stocks to Watch for Future Multibagger Potential: Metro Brands, Sumitomo Chemical, Garware Hi-Tech Films and Engineers India
2 November 2026

4 Smallcap Quarterly Sales Growth and Low Debt Stocks to Watch for Future Multibagger Potential: Kajaria Ceramics, Happy Forgings, Elgi Equipments and Saregama
2 November 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
4 Midcap Quarterly Profit Growth and High ROE Stocks to Watch for Future Multibagger Potential: Mazagon Dock, Kalyan Jewellers, Ajanta Pharma and Premier Energies
4 Largecap Quarterly Profit Growth and High ROE Stocks to Watch for Future Multibagger Potential: Asian Paints, Hindustan Zinc, Pidilite and Polycab
4 Smallcap Promoter Backed High Margin Stocks to Watch for Future Multibagger Potential: Metro Brands, Sumitomo Chemical, Garware Hi-Tech Films and Engineers India
4 Smallcap Quarterly Sales Growth and Low Debt Stocks to Watch for Future Multibagger Potential: Kajaria Ceramics, Happy Forgings, Elgi Equipments and Saregama
4 Midcap Quarterly Sales Growth and Low Debt Stocks to Watch for Future Multibagger Potential: Apar Industries, Nippon Life India AMC, Oberoi Realty and Patanjali Foods
Popular this week
4 Largecap Quarterly Sales Growth and Low Debt Stocks to Watch for Future Multibagger Potential: HAL, Nestle India, Avenue Supermarts and Tech Mahindra

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





