4 Top Low PE Stocks With 50-100 Per Cent Profit Growth to Watch for Future Multibagger Potential: Muthoot Finance, Lupin, Kalpataru Projects and Force Motors

Low PE stocks with 50-100 per cent profit growth to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Muthoot Finance, Lupin, Kalpataru Projects and Force Motors meet that test, with market caps from Rs 23,126 crore to Rs 1.04 lakh crore and Muthoot Finance offering the highest return on equity at 28.01%. Each of these companies has a PE ratio below 25 and FY26 profit growth between 50 and 100 per cent, and net profit rose in FY26 and in the latest quarter.

This list covers companies with a PE ratio below 25 and FY26 profit growth between 50 and 100 per cent, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. The companies here range from midcaps to largecaps in size. Investors screening low PE stocks with 50-100 per cent profit growth usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 21 October 2026 and are drawn from NSE and BSE data and company filings.

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What Are Low PE Stocks With 50-100 Per Cent Profit Growth and Why Do They Attract Multibagger Interest?

Low PE stocks with 50-100 per cent profit growth are shares of companies that grew profit by half or more in a year and still trade at moderate multiples. The four here cover gold finance, pharmaceuticals, infrastructure construction and commercial vehicles.

Fast profit growth at a modest multiple is a combination worth studying closely. For low PE stocks with 50-100 per cent profit growth, latest quarter profit also rose. Each of low PE stocks with 50-100 per cent profit growth also has complete FY26 and latest quarter figures. For low PE stocks with 50-100 per cent profit growth, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of low PE stocks with 50-100 per cent profit growth, using FY26 and latest quarter data. Prices move daily, so recheck the figures for low PE stocks with 50-100 per cent profit growth before you decide.

Low PE Stocks With 50-100 Per Cent Profit Growth at a Glance: Price, Market Cap, PE, ROE and Price to Book

Prices are closing prices as of 21 October 2026. Muthoot Finance combines the lowest PE of the group, 9.06, with the highest return on equity, 28.01%.

Stock	CMP (Rs)	Market Cap (Rs Cr)	PE	Industry PE	ROE	Price to Book	52-Week Range (Rs)
Muthoot Finance	2,489.80	1,03,780	9.06	17.97	28.01%	2.56	2,489.80 to 4,149.50
Lupin	1,964	89,592	16.14	36.42	23.76%	3.99	1,900.00 to 2,529.50
Kalpataru Projects International	1,301.10	23,924	21.20	22.89	13.37%	3.08	1,007.10 to 1,490.00
Force Motors	16,885	23,126	18.47	23.62	25.19%	5.51	15,982.00 to 26,450.00

Muthoot Finance: 27.36% Profit CAGR Since FY22

Muthoot Finance is India's largest gold loan NBFC by loan assets, with a branch network across the country. It reported FY26 total income of Rs 31,263.41 crore, up 54.27% year on year, and net profit of Rs 10,606.87 crore, up 98.17%. Net profit has compounded at 27.36% a year since FY22, while total income has grown 26.42% a year.

In the June 2026 quarter, total income rose 34.48% to Rs 8,694.81 crore and net profit grew 43.08% to Rs 2,824.84 crore. The share price has gained 67.76% over five years. Foreign investors raised their holding from 10.84% in June 2025 to 11.61% in June 2026. The stock trades at a PE of 9.06 against an industry PE of 17.97, below the sector average, with a return on equity of 28.01%.

Lupin: Revenue Up 26.76% in FY26

Lupin is a global pharmaceutical company with a large presence in the United States, India and other markets across generics, branded drugs and respiratory products. It reported FY26 revenue of Rs 29,038.95 crore, up 26.76% year on year, and net profit of Rs 5,355.47 crore, up 61.98%. Revenue has compounded at 14.98% a year since FY22. Operating margin was 31.06% in FY26. The debt-to-equity ratio is 0.29.

The stock trades at a PE of 16.14 against an industry PE of 36.42, below the sector average, with a return on equity of 23.76%. In the June 2026 quarter, revenue rose 32.45% to Rs 8,407.21 crore and net profit grew 16.01% to Rs 1,416.98 crore. The share price has gained 111.00% over five years. Foreign investors raised their holding from 21.25% in June 2025 to 22.42% in June 2026.

Kalpataru Projects: Revenue Up 21.76% in FY26

Kalpataru Projects International executes transmission, railway, building and water projects in India and abroad. It reported FY26 revenue of Rs 27,247.93 crore, up 21.76% year on year, and net profit of Rs 1,030.63 crore, up 81.68%. Net profit has compounded at 17.81% a year since FY22, while revenue has grown 16.35% a year. Operating margin was 9.48% in FY26. The debt-to-equity ratio is 0.46.

In the June 2026 quarter, revenue rose 4.81% to Rs 6,485.17 crore and net profit grew 45.85% to Rs 311.53 crore. The stock trades at a PE of 21.20 against an industry PE of 22.89, below the sector average, with a return on equity of 13.37%.

Force Motors: Return on Equity of 25.19%

Force Motors makes commercial vehicles such as the Traveller and Gurkha and supplies engines and axles to other automakers. It reported FY26 revenue of Rs 9,167.51 crore, up 12.79% year on year, and net profit of Rs 1,211.75 crore, up 51.31%. Revenue has compounded at 29.18% a year since FY22. Operating margin was 17.59% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.

The stock trades at a PE of 18.47 against an industry PE of 23.62, below the sector average, with a return on equity of 25.19%. In the June 2026 quarter, revenue rose 6.71% to Rs 2,478.11 crore and net profit grew 22.81% to Rs 216.59 crore. The share price has gained 1046.45% over five years. Promoters hold 61.63%, which keeps ownership stable.

Low PE Stocks With 50-100 Per Cent Profit Growth: Financial Comparison on Growth and Margins

The table compares scale and growth across these low PE stocks with 50-100 per cent 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	Total Income (Rs Cr)	Net Profit (Rs Cr)	Income Growth (YoY)	4-Year Income CAGR	Latest Quarter Income Growth
Muthoot Finance	31,263.41	10,606.87	54.27%	26.42%	34.48%
Lupin	29,038.95	5,355.47	26.76%	14.98%	32.45%
Kalpataru Projects	27,247.93	1,030.63	21.76%	16.35%	4.81%
Force Motors	9,167.51	1,211.75	12.79%	29.18%	6.71%

Check the Univest Screener for live data on these low PE stocks with 50-100 per cent profit growth

Institutional Holding in Muthoot Finance, Lupin, Kalpataru Projects and Force Motors

Institutional holding shows who is backing these low PE stocks with 50-100 per cent profit growth alongside the promoter. The table uses the latest reported quarter for each. Kalpataru Projects has the deepest institutional backing, with FII and DII together holding 55.61% as of June 2026.

Stock	Promoter	FII	DII	Public	Quarter
Muthoot Finance	73.35%	11.61%	10.76%	4.29%	June 2026
Lupin	46.85%	22.42%	24.65%	6.08%	June 2026
Kalpataru Projects	33.58%	10.78%	44.83%	10.81%	June 2026
Force Motors	61.63%	9.52%	1.46%	27.39%	June 2026

Risks to Weigh in Low PE Stocks With 50-100 Per Cent Profit Growth

Being careful with low PE stocks with 50-100 per cent 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: A low PE can also reflect slower growth, so compare each PE with the growth rate instead of reading it alone.
• Concentration: Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.

How to Choose Between Low PE Stocks With 50-100 Per Cent Profit Growth

Picking from low PE stocks with 50-100 per cent profit growth comes down to four checks, applied in order.

1. Check asset quality and net interest margin first, then return on equity and price to book. Debt-to-equity does not apply to lenders.
2. Compare each PE with the industry PE (17.97 to 36.42) and ask whether the growth rate justifies any gap.
3. Track net profit growth, the operating margin and the return on equity in every quarterly result.
4. Stagger entries across quarters and review institutional holding every reporting season.

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Conclusion

Among low PE stocks with 50-100 per cent profit growth, Muthoot Finance stands out for the highest return on equity at 28.01%, Lupin for 26.76% revenue growth in FY26, Kalpataru Projects for the strongest latest-quarter profit growth at 45.85% and Force Motors for the biggest five-year price gain at 1046.45%. 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 low PE stocks with 50-100 per cent 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.

Frequently Asked Questions on Low PE Stocks With 50-100 Per Cent Profit Growth to Watch

Which are the best low PE stocks with 50-100 per cent profit growth to watch for multibagger potential?

Ans. Muthoot Finance, Lupin, Kalpataru Projects and Force Motors are the 4 names this list highlights, with market caps of Rs 1,03,780 crore, Rs 89,592 crore, Rs 23,924 crore and Rs 23,126 crore respectively. Muthoot Finance is notable for the highest return on equity at 28.01%. Lupin stands out for 26.76% revenue growth in FY26. Kalpataru Projects offers the strongest latest-quarter profit growth at 45.85%. Force Motors brings the biggest five-year price gain at 1046.45%. These are watchlist names for low PE stocks with 50-100 per cent profit growth, not recommendations, so match each one to your own risk profile and time horizon.

Is Muthoot Finance a good stock for long-term investors?

Ans. Muthoot Finance has a return on equity of 28.01%, a PE of 9.06 against an industry PE of 17.97 and a market cap of Rs 1,03,780 crore. Net profit has compounded at 27.36% a year since FY22, and FY26 revenue rose 54.27% while June 2026 quarter net profit grew 43.08%. Long-term returns in low PE stocks with 50-100 per cent profit growth depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.

Can Kalpataru Projects become a multibagger from here?

Ans. Kalpataru Projects has a market cap of Rs 23,924 crore. A multibagger outcome in low PE stocks with 50-100 per cent profit growth requires earnings to keep growing faster than the market for several years. Net profit has compounded at 17.81% a year since FY22, and FY26 revenue rose 21.76%. At a PE of 21.20 against an industry PE of 22.89, valuation should be checked against that growth before investing.

What is the market cap of Muthoot Finance, Lupin, Kalpataru Projects and Force Motors?

Ans. As of 21 October 2026, Muthoot Finance has a market cap of Rs 1,03,780 crore, Lupin has a market cap of Rs 89,592 crore, Kalpataru Projects has a market cap of Rs 23,924 crore and Force Motors has a market cap of Rs 23,126 crore. Muthoot Finance is the largest of the group. 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 low PE stocks with 50-100 per cent profit growth.

What are the risks of investing in low PE stocks with 50-100 per cent 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. Comparing each PE with growth gives a fuller picture than the PE alone.

Is Muthoot Finance trading below its industry PE?

Ans. Muthoot Finance trades at a PE of 9.06 against an industry PE of 17.97. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (net profit has compounded at 27.36% a year since FY22 and FY26 revenue rose 54.27%) and balance sheet strength before drawing a conclusion.

How much do institutions hold in Muthoot Finance, Lupin, Kalpataru Projects and Force Motors?

Ans. As of the latest reported quarter, FII and DII together hold 22.37% of Muthoot Finance (11.61% and 10.76%), 47.07% of Lupin (22.42% and 24.65%), 55.61% of Kalpataru Projects (10.78% and 44.83%) and 10.98% of Force Motors (9.52% and 1.46%). Rising institutional holding is a useful signal in low PE stocks with 50-100 per cent profit growth, though it should be read with earnings trends rather than on its own.