
4 Largecap Stocks With Over 100 Per Cent Quarterly Profit Growth to Watch for Future Multibagger Potential: Hindustan Zinc, BHEL, Laurus Labs and Lodha Developers
Hindustan Zinc Rs 538.40. BHEL Rs 427.35. Laurus Labs Rs 2,069. Lodha Developers Rs 1,030. Market caps from Rs 1.06 lakh crore to Rs 2.24 lakh crore. Data as of 20 Oct 2026.
Updated: 21 Oct 2026 • 5:11 pm
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Hindustan Zinc, BHEL, Laurus Labs and Lodha Developers are the 4 picks in this stocks with over 100 per cent quarterly profit growth watchlist, with market caps between Rs 1.06 lakh crore and Rs 2.24 lakh crore. Hindustan Zinc stands out for the highest return on equity at 61.13%, while BHEL offers the fastest profit growth, 37.73% a year since FY22. PE ratios run from 13.12 to 100.10, so compare each one with its industry PE before investing. All figures are as of 20 October 2026.
Stocks with over 100 per cent quarterly profit growth to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Hindustan Zinc, BHEL, Laurus Labs and Lodha Developers meet that test, with market caps from Rs 1.06 lakh crore to Rs 2.24 lakh crore and Hindustan Zinc offering the highest return on equity at 61.13%. Each of these companies has latest quarter profit growth above 100 per cent from a year earlier and FY26 profit growth of at least 20 per cent, and net profit rose in FY26 and in the latest quarter.
This list covers companies with latest quarter profit growth above 100 per cent from a year earlier and FY26 profit growth of at least 20 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 stocks with over 100 per cent quarterly profit growth usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 20 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Stocks With Over 100 Per Cent Quarterly Profit Growth and Why Do They Attract Multibagger Interest?
Stocks with over 100 per cent quarterly profit growth are shares of companies whose latest quarterly profit was more than double the figure of a year earlier. The four here cover zinc, power equipment, pharmaceutical ingredients and real estate.
A doubling in a single quarter on top of a growing year is strong earnings momentum. For stocks with over 100 per cent quarterly profit growth, the next results show whether it holds. Whichever way you read stocks with over 100 per cent quarterly profit growth, the common thread is rising profit backed by complete financial data. A sensible way to study stocks with over 100 per cent quarterly profit growth is to look at profit growth, returns and valuation side by side. Below, each of stocks with over 100 per cent quarterly profit growth gets its own breakdown of growth, returns and valuation. Treat stocks with over 100 per cent quarterly profit growth as a research list, since share prices and rankings change with every earnings season.
Stocks With Over 100 Per Cent Quarterly Profit Growth at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 20 October 2026. Hindustan Zinc combines the lowest PE of the group, 13.12, with the highest return on equity, 61.13%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Hindustan Zinc | 538.40 | 2,23,984 | 13.12 | 12.27 | 61.13% | 0.39 | 412.25 to 609.05 |
| Bharat Heavy Electricals | 427.35 | 1,51,365 | 52.56 | 45.89 | 10.76% | 0.23 | 229.54 to 464.00 |
| Laurus Labs | 2,069 | 1,09,143 | 100.10 | 36.42 | 16.77% | 0.48 | 864.70 to 2,085.90 |
| Lodha Developers | 1,030 | 1,06,038 | 25.68 | 31.94 | 14.72% | 0.42 | 650.80 to 1,344.95 |
Hindustan Zinc: Return on Equity of 61.13%
Hindustan Zinc is among the world's largest integrated zinc producers and also produces lead and silver. It reported FY26 revenue of Rs 41,934 crore, up 19.59% year on year, and net profit of Rs 13,832 crore, up 33.60%. Net profit has compounded at 9.48% a year since FY22, while revenue has grown 8.15% a year. Operating margin was 56.75% in FY26. The debt-to-equity ratio is 0.39.
In the June 2026 quarter, revenue rose 74.70% to Rs 14,063 crore and net profit grew 144.81% to Rs 5,469 crore. Foreign investors raised their holding from 1.31% in September 2025 to 2.36% in September 2026. The stock trades at a PE of 13.12 against an industry PE of 12.27, with a return on equity of 61.13%. The dividend yield is 1.89%.
BHEL: 37.73% Profit CAGR Since FY22
Bharat Heavy Electricals is a government-owned maker of power generation, transmission, industrial and transportation equipment. It reported FY26 revenue of Rs 34,589.83 crore, up 20.08% year on year, and net profit of Rs 1,600.26 crore, up 199.73%. Net profit has compounded at 37.73% a year since FY22, while revenue has grown 12.54% a year. Operating margin was 10.18% in FY26. The debt-to-equity ratio is 0.23.
The stock trades at a PE of 52.56 against an industry PE of 45.89. In the September 2026 quarter, revenue rose 24.28% to Rs 9,553.01 crore and net profit grew 118.98% to Rs 820.94 crore. The share price has gained 488.34% over five years and 86.13% over the past year. Domestic institutions raised their holding from 18.62% in September 2025 to 21.88% in September 2026.
Laurus Labs: Revenue Up 22.01% in FY26
Laurus Labs makes active pharmaceutical ingredients and formulations and offers contract development and manufacturing services. It reported FY26 revenue of Rs 6,867.85 crore, up 22.01% year on year, and net profit of Rs 889.85 crore, up 151.08%. Revenue has compounded at 8.53% a year since FY22. Operating margin was 26.90% in FY26. The debt-to-equity ratio is 0.48.
In the June 2026 quarter, revenue rose 28.83% to Rs 2,035.49 crore and net profit grew 124.73% to Rs 361.99 crore. The share price has gained 221.40% over five years and 137.53% over the past year. Domestic institutions raised their holding from 11.94% in June 2025 to 13.74% in June 2026. The stock trades at a PE of 100.10 against an industry PE of 36.42, with a return on equity of 16.77%.
Lodha Developers: 29.80% Profit CAGR Since FY22
Lodha Developers (formerly Macrotech Developers) is a leading residential developer in the Mumbai Metropolitan Region, with projects in Pune and Bengaluru. It reported FY26 revenue of Rs 17,119.50 crore, up 20.82% year on year, and net profit of Rs 3,430.70 crore, up 24.00%. Net profit has compounded at 29.80% a year since FY22, while revenue has grown 15.79% a year. Operating margin was 32.23% in FY26. The debt-to-equity ratio is 0.42.
The stock trades at a PE of 25.68 against an industry PE of 31.94, below the sector average, with a return on equity of 14.72%. In the June 2026 quarter, revenue rose 40.61% to Rs 5,096.70 crore and net profit grew 103.39% to Rs 1,373.10 crore. The share price has gained 78.95% over five years. Domestic institutions raised their holding from 2.20% in June 2025 to 3.57% in June 2026.
Stocks With Over 100 Per Cent Quarterly Profit Growth: Financial Comparison on Growth and Margins
The table compares scale and growth across these stocks with over 100 per cent quarterly profit growth. 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) |
|---|---|---|---|---|---|---|
| Hindustan Zinc | 41,934 | 13,832 | 19.59% | 8.15% | 9.48% | 64.19% |
| BHEL | 34,589.83 | 1,600.26 | 20.08% | 12.54% | 37.73% | 13.94% |
| Laurus Labs | 6,867.85 | 889.85 | 22.01% | 8.53% | 1.68% | 31.95% |
| Lodha Developers | 17,119.50 | 3,430.70 | 20.82% | 15.79% | 29.80% | 40.51% |
Institutional Holding in Hindustan Zinc, BHEL, Laurus Labs and Lodha Developers
Institutional holding shows who is backing these stocks with over 100 per cent quarterly profit growth alongside the promoter. The table uses the latest reported quarter for each. Laurus Labs has the deepest institutional backing, with FII and DII together holding 41.74% as of June 2026. Domestic institutions increased their holding over the past year in BHEL (from 18.62% to 21.88%), Laurus Labs (from 11.94% to 13.74%) and Lodha Developers (from 2.20% to 3.57%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Hindustan Zinc | 60.71% | 2.36% | 4.85% | 32.07% | September 2026 |
| BHEL | 58.17% | 9.94% | 21.88% | 10.02% | September 2026 |
| Laurus Labs | 27.47% | 28.00% | 13.74% | 30.78% | June 2026 |
| Lodha Developers | 70.31% | 23.65% | 3.57% | 2.47% | June 2026 |
Risks to Weigh in Stocks With Over 100 Per Cent Quarterly Profit Growth
Being careful with stocks with over 100 per cent quarterly profit growth 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: Laurus Labs trades at a PE of 100.10 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 Stocks With Over 100 Per Cent Quarterly Profit Growth
Picking from stocks with over 100 per cent quarterly profit growth 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 (12.27 to 45.89) 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.
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Conclusion
Among stocks with over 100 per cent quarterly profit growth, Hindustan Zinc stands out for the highest return on equity at 61.13%, BHEL for the fastest profit growth, 37.73% a year since FY22, Laurus Labs for 22.01% revenue growth in FY26 and Lodha Developers for 20.82% 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 stocks with over 100 per cent quarterly profit growth should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Stocks With Over 100 Per Cent Quarterly Profit Growth to Watch
Which are the best stocks with over 100 per cent quarterly profit growth to watch for multibagger potential?
Ans. Hindustan Zinc, BHEL, Laurus Labs and Lodha Developers are the 4 names this list highlights, with market caps of Rs 2,23,984 crore, Rs 1,51,365 crore, Rs 1,09,143 crore and Rs 1,06,038 crore respectively. Hindustan Zinc is notable for the highest return on equity at 61.13%. BHEL stands out for the fastest profit growth, 37.73% a year since FY22. Laurus Labs offers 22.01% revenue growth in FY26. Lodha Developers brings 20.82% revenue growth in FY26. These are watchlist names for stocks with over 100 per cent quarterly profit growth, not recommendations, so match each one to your own risk profile and time horizon.
Is Hindustan Zinc a good stock for long-term investors?
Ans. Hindustan Zinc has a return on equity of 61.13%, a PE of 13.12 against an industry PE of 12.27 and a market cap of Rs 2,23,984 crore. Net profit has compounded at 9.48% a year since FY22, and FY26 revenue rose 19.59% while June 2026 quarter net profit grew 144.81%. Long-term returns in stocks with over 100 per cent quarterly profit growth depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can BHEL become a multibagger from here?
Ans. BHEL has already gained 488.34% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks with over 100 per cent quarterly profit growth requires earnings to keep growing faster than the market for several years. Net profit has compounded at 37.73% a year since FY22, and FY26 revenue rose 20.08%. At a PE of 52.56 against an industry PE of 45.89, valuation should be checked against that growth before investing.
What is the market cap of Hindustan Zinc, BHEL, Laurus Labs and Lodha Developers?
Ans. As of 20 October 2026, Hindustan Zinc has a market cap of Rs 2,23,984 crore, BHEL has a market cap of Rs 1,51,365 crore, Laurus Labs has a market cap of Rs 1,09,143 crore and Lodha Developers has a market cap of Rs 1,06,038 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 stocks with over 100 per cent quarterly profit growth.
What are the risks of investing in stocks with over 100 per cent quarterly profit growth?
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. Laurus Labs trades at a PE of 100.10 against an industry PE of 36.42, so earnings growth needs to hold up.
Why is Laurus Labs trading at a PE of 100.10?
Ans. Laurus Labs' PE of 100.10 compares with an industry PE of 36.42. The market is paying a premium for a return on equity of 16.77%, latest-quarter profit growth of 124.73% and FY26 revenue growth of 22.01%, which also means the stock is more sensitive if growth slows. Investors in stocks with over 100 per cent quarterly profit growth who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Hindustan Zinc, BHEL, Laurus Labs and Lodha Developers?
Ans. As of the latest reported quarter, FII and DII together hold 7.21% of Hindustan Zinc (2.36% and 4.85%), 31.82% of BHEL (9.94% and 21.88%), 41.74% of Laurus Labs (28.00% and 13.74%) and 27.22% of Lodha Developers (23.65% and 3.57%). Rising institutional holding is a useful signal in stocks with over 100 per cent quarterly profit growth, though it should be read with earnings trends rather than on its own.
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