
4 Largecap Single-Digit Quarterly Profit Growth Stocks to Watch for Future Multibagger Potential: HDFC Bank, Avenue Supermarts, Torrent Pharma and Cummins India
HDFC Bank Rs 685.30. Avenue Supermarts Rs 3,133.90. Torrent Pharma Rs 4,557. Cummins India Rs 4,620. Market caps from Rs 1.39 lakh crore to Rs 11.08 lakh crore. Data as of 28 Oct 2026.
Updated: 29 Oct 2026 • 11:53 am
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HDFC Bank, Avenue Supermarts, Torrent Pharma and Cummins India are the 4 picks in this single-digit quarterly profit growth stocks watchlist, with market caps between Rs 1.39 lakh crore and Rs 11.08 lakh crore. HDFC Bank stands out for the lowest PE of the group at 13.44, while Avenue Supermarts offers the strongest latest-quarter profit growth at 8.49%. PE ratios run from 13.44 to 80.23, so compare each one with its industry PE before investing. All figures are as of 28 October 2026.
Single-digit quarterly profit growth stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. HDFC Bank, Avenue Supermarts, Torrent Pharma and Cummins India meet that test, with market caps from Rs 1.39 lakh crore to Rs 11.08 lakh crore and HDFC Bank offering the lowest PE of the group at 13.44. Each of these companies has net profit growth of up to 10 per cent in the latest quarter, 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 net profit growth of up to 10 per cent in the latest quarter, 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 single-digit quarterly profit growth stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 28 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Single-Digit Quarterly Profit Growth Stocks and Why Do They Attract Multibagger Interest?
Single-digit quarterly profit growth stocks are shares of large companies whose net profit rose by up to 10 per cent in the latest quarter, a measured pace that often comes from large and well settled businesses. The four here cover private banking, supermarkets, pharmaceuticals and engines and power generation.
Steady quarterly growth from a large base is a sign of stability, and growth over the full year shows that the trend is not a one quarter story. For single-digit quarterly profit growth stocks, both FY26 and the latest quarter showed growth. With single-digit quarterly profit growth 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 single-digit quarterly profit growth stocks are complete. Read each company's latest results and exchange filings before acting on single-digit quarterly profit growth stocks.
Single-Digit Quarterly Profit Growth Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 28 October 2026. HDFC Bank has the lowest PE of the group at 13.44, while Cummins India posts the highest return on equity at 27.87%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| HDFC Bank | 685.30 | 11,08,475 | 13.44 | 11.94 | 13.14% | 1.85 | 680.20 to 1,020.50 |
| Avenue Supermarts | 3,133.90 | 2,08,820 | 67.03 | 64.73 | 11.94% | 8.01 | 3,133.90 to 4,644.00 |
| Torrent Pharmaceuticals | 4,557 | 1,72,983 | 80.23 | 36.42 | 25.49% | 20.57 | 3,480.60 to 5,250.00 |
| Cummins India | 4,620 | 1,38,686 | 58.59 | 45.93 | 27.87% | 16.37 | 3,883.10 to 6,100.00 |
HDFC Bank: 20.04% Profit CAGR Since FY22
HDFC Bank is India'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.
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 13.44 against an industry PE of 11.94, with a return on equity of 13.14%. The dividend yield is 2.16%.
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.
The stock trades at a PE of 67.03 against an industry PE of 64.73. 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.
Torrent Pharma: 28.79% Profit CAGR Since FY22
Torrent Pharmaceuticals makes branded medicines for chronic therapies such as cardiac, gastro-intestinal and central nervous system care in India and overseas. It reported FY26 revenue of Rs 13,886.15 crore, up 20.34% year on year, and net profit of Rs 2,138.18 crore, up 11.87%. Net profit has compounded at 28.79% a year since FY22, while revenue has grown 12.38% a year. Operating margin was 22.70% in FY26.
In the June 2026 quarter, revenue rose 56.29% to Rs 4,909 crore and net profit grew 3.28% to Rs 566 crore. The share price has gained 194.63% over five years and 29.72% over the past year. Domestic institutions raised their holding from 9.28% in September 2025 to 12.87% in July 2026. The stock trades at a PE of 80.23 against an industry PE of 36.42, with a return on equity of 25.49%.
Cummins India: 26.11% Profit CAGR Since FY22
Cummins India makes engines and power generation equipment and exports a share of its output. It reported FY26 revenue of Rs 12,660.53 crore, up 16.82% year on year, and net profit of Rs 2,361.75 crore, up 18.09%. Net profit has compounded at 26.11% a year since FY22, while revenue has grown 18.53% a year. Operating margin was 27.15% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.
The stock trades at a PE of 58.59 against an industry PE of 45.93, with a return on equity of 27.87%. In the June 2026 quarter, revenue rose 17.19% to Rs 3,563.35 crore and net profit grew 0.89% to Rs 609.30 crore. The share price has gained 408.59% over five years and 16.98% over the past year. Foreign investors raised their holding from 17.50% in June 2025 to 21.19% in June 2026.
Single-Digit Quarterly Profit Growth Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these single-digit quarterly profit growth stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Total Income (Rs Cr) | Net Profit (Rs Cr) | Income Growth (YoY) | 4-Year Income CAGR | 4-Year Net Profit CAGR |
|---|---|---|---|---|---|
| HDFC Bank | 4,95,462.81 | 79,219.46 | 5.21% | 31.11% | 20.04% |
| Avenue Supermarts | 68,894.84 | 2,969.86 | 15.82% | 22.01% | 18.77% |
| Torrent Pharma | 13,886.15 | 2,138.18 | 20.34% | 12.38% | 28.79% |
| Cummins India | 12,660.53 | 2,361.75 | 16.82% | 18.53% | 26.11% |
Check the Univest Screener for live data on these single-digit quarterly profit growth stocks
Institutional Holding in HDFC Bank, Avenue Supermarts, Torrent Pharma and Cummins India
Institutional holding shows who is backing these single-digit quarterly profit growth 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%) and Torrent Pharma (from 9.28% to 12.87%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| HDFC Bank | Nil | 39.40% | 43.63% | 16.97% | September 2026 |
| Avenue Supermarts | 74.48% | 9.23% | 8.74% | 7.55% | June 2026 |
| Torrent Pharma | 60.78% | 17.97% | 12.87% | 8.38% | July 2026 |
| Cummins India | 51.00% | 21.19% | 19.16% | 8.66% | June 2026 |
Risks to Weigh in Single-Digit Quarterly Profit Growth Stocks
Being careful with single-digit quarterly profit growth 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: Torrent Pharma trades at a PE of 80.23 against an industry PE of 36.42, 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 Single-Digit Quarterly Profit Growth Stocks
Picking from single-digit quarterly profit growth stocks comes down to four checks, applied in order.
- Check asset quality and net interest margin first, then return on equity and price to book. Debt-to-equity does not apply to lenders.
- Compare each PE with the industry PE (11.94 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 HDFC Bank, Avenue Supermarts, Torrent Pharma and Cummins India live prices.
Conclusion
Among single-digit quarterly profit growth stocks, HDFC Bank stands out for the lowest PE of the group at 13.44, Avenue Supermarts for the strongest latest-quarter profit growth at 8.49%, Torrent Pharma for the fastest profit growth, 28.79% a year since FY22 and Cummins India for the highest return on equity at 27.87%. 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 single-digit quarterly profit growth 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 Single-Digit Quarterly Profit Growth Stocks to Watch
Which are the best single-digit quarterly profit growth stocks to watch for multibagger potential?
Ans. HDFC Bank, Avenue Supermarts, Torrent Pharma and Cummins India are the 4 names this list highlights, with market caps of Rs 11,08,475 crore, Rs 2,08,820 crore, Rs 1,72,983 crore and Rs 1,38,686 crore respectively. HDFC Bank is notable for the lowest PE of the group at 13.44. Avenue Supermarts stands out for the strongest latest-quarter profit growth at 8.49%. Torrent Pharma offers the fastest profit growth, 28.79% a year since FY22. Cummins India brings the highest return on equity at 27.87%. These are watchlist names for single-digit quarterly profit growth stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Cummins India a good stock for long-term investors?
Ans. Cummins India has a return on equity of 27.87%, a PE of 58.59 against an industry PE of 45.93 and a market cap of Rs 1,38,686 crore. Net profit has compounded at 26.11% a year since FY22, and FY26 revenue rose 16.82% while June 2026 quarter net profit grew 0.89%. Long-term returns in single-digit quarterly profit growth stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Torrent Pharma become a multibagger from here?
Ans. Torrent Pharma has already gained 194.63% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in single-digit quarterly profit growth stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 28.79% a year since FY22, and FY26 revenue rose 20.34%. At a PE of 80.23 against an industry PE of 36.42, valuation should be checked against that growth before investing.
What is the market cap of HDFC Bank, Avenue Supermarts, Torrent Pharma and Cummins India?
Ans. As of 28 October 2026, HDFC Bank has a market cap of Rs 11,08,475 crore, Avenue Supermarts has a market cap of Rs 2,08,820 crore, Torrent Pharma has a market cap of Rs 1,72,983 crore and Cummins India has a market cap of Rs 1,38,686 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 single-digit quarterly profit growth stocks.
What are the risks of investing in single-digit quarterly profit growth 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. Torrent Pharma trades at a PE of 80.23 against an industry PE of 36.42, so earnings growth needs to hold up.
Why is Torrent Pharma trading at a PE of 80.23?
Ans. Torrent Pharma's PE of 80.23 compares with an industry PE of 36.42. The market is paying a premium for a return on equity of 25.49%, profit growth of 28.79% a year since FY22 and FY26 revenue growth of 20.34%, which also means the stock is more sensitive if growth slows. Investors in single-digit quarterly profit growth 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 HDFC Bank, Avenue Supermarts, Torrent Pharma and Cummins India?
Ans. As of the latest reported quarter, FII and DII together hold 83.03% of HDFC Bank (39.40% and 43.63%), 17.97% of Avenue Supermarts (9.23% and 8.74%), 30.84% of Torrent Pharma (17.97% and 12.87%) and 40.35% of Cummins India (21.19% and 19.16%). Rising institutional holding is a useful signal in single-digit quarterly profit growth stocks, though it should be read with earnings trends rather than on its own.
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