
4 Midcap 30 Per Cent Profit Growth High ROE Promoter Backed Stocks to Watch for Future Multibagger Potential: Waaree, Kalyan, Hindustan Copper and Premier Energies
Waaree Rs 2,572. Kalyan Rs 710.90. Hindustan Copper Rs 446.15. Premier Energies Rs 895. Market caps from Rs 43,508 crore to Rs 77,746 crore. Data as of 12 Nov 2026.
Updated: 13 Nov 2026 • 1:18 pm
Posted by:

Quick Answer
Waaree, Kalyan, Hindustan Copper and Premier Energies are the 4 picks in this 30 per cent profit growth high ROE promoter backed stocks watchlist, with market caps between Rs 43,508 crore and Rs 77,746 crore. Waaree stands out for the lowest PE of the group at 19.43, while Kalyan offers the fastest profit growth, 56.69% a year since FY22. PE ratios run from 19.43 to 51.79, so compare each one with its industry PE before investing. All figures are as of 12 November 2026.
30 per cent profit growth high ROE promoter backed stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Waaree, Kalyan, Hindustan Copper and Premier Energies meet that test, with market caps from Rs 43,508 crore to Rs 77,746 crore and Waaree offering the lowest PE of the group at 19.43. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and FY26 net profit growth of at least 30 per cent, a return on equity of at least 20 per cent and a promoter holding of at least 50 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 market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and FY26 net profit growth of at least 30 per cent, a return on equity of at least 20 per cent and a promoter holding of at least 50 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 30 per cent profit growth high ROE promoter backed stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 12 November 2026 and are drawn from NSE and BSE data and company filings.
Click Here – Get Free Investment Predictions
What Are 30 Per Cent Profit Growth High ROE Promoter Backed Stocks and Why Do They Attract Multibagger Interest?
30 per cent profit growth high ROE promoter backed stocks are shares of mid sized companies whose net profit grew by thirty per cent or more in FY26, whose return on equity is at least twenty per cent and in which the promoters own at least half of the business. The four here cover solar modules, jewellery retail, copper mining and solar cells.
Very fast profit growth shows that earnings are expanding quickly, a high return on equity shows that shareholder money is used well, and a large promoter stake shows that owners are committed to the business. Within 30 per cent profit growth high ROE promoter backed stocks, the four companies show rising profit. In 30 per cent profit growth high ROE promoter backed stocks, each of the four also posted growth in the latest quarter. For 30 per cent profit growth high ROE promoter backed stocks, both FY26 and the latest quarter showed growth. Whichever way you read 30 per cent profit growth high ROE promoter backed stocks, the common thread is rising profit backed by complete financial data. A sensible way to study 30 per cent profit growth high ROE promoter backed stocks is to look at profit growth, returns and valuation side by side. Below, each of 30 per cent profit growth high ROE promoter backed stocks gets its own breakdown of growth, returns and valuation. Treat 30 per cent profit growth high ROE promoter backed stocks as a research list, since share prices and rankings change with every earnings season.
30 Per Cent Profit Growth High ROE Promoter Backed Stocks at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 12 November 2026. Waaree has the lowest PE of the group at 19.43, while Premier Energies posts the highest return on equity at 35.05%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Waaree Energies | 2,572 | 77,746 | 19.43 | 45.89 | 25.71% | 0.22 | 2,238.00 to 3,718.80 |
| Kalyan Jewellers India | 710.90 | 74,295 | 51.79 | 46.75 | 21.41% | 0.97 | 327.05 to 710.90 |
| Hindustan Copper | 446.15 | 44,323 | 39.01 | 12.27 | 27.48% | 0.03 | 308.50 to 760.05 |
| Premier Energies | 895 | 43,508 | 26.00 | 53.49 | 35.05% | 0.86 | 660.00 to 1,134.00 |
Waaree: Revenue Up 83.52% in FY26
Waaree Energies is one of India'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.
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. The stock trades at a PE of 19.43 against an industry PE of 45.89, below the sector average, with a return on equity of 25.71%.
Kalyan: 56.69% Profit CAGR Since FY22
Kalyan Jewellers is one of the largest jewellery retailers in India, with showrooms across India and the Middle East. It reported FY26 revenue of Rs 35,950.88 crore, up 42.72% year on year, and net profit of Rs 1,350.39 crore, up 89.09%. Net profit has compounded at 56.69% a year since FY22, while revenue has grown 34.90% a year. Operating margin was 7.62% in FY26.
The stock trades at a PE of 51.79 against an industry PE of 46.75, with a return on equity of 21.41%. In the June 2026 quarter, revenue rose 45.52% to Rs 10,644.67 crore and net profit grew 32.03% to Rs 348.67 crore. The share price has gained 647.75% over five years and 19.61% over the past year. Promoters hold 62.85%, which keeps ownership stable.
Hindustan Copper: 25.25% Profit CAGR Since FY22
Hindustan Copper is a government-owned company that mines copper ore and produces refined copper in India. It reported FY26 revenue of Rs 3,149.67 crore, up 46.62% year on year, and net profit of Rs 920.66 crore, up 96.97%. Net profit has compounded at 25.25% a year since FY22, while revenue has grown 13.89% a year. Operating margin was 46.74% in FY26. The debt-to-equity ratio is 0.03, which keeps interest costs low.
In the June 2026 quarter, revenue rose 81.07% to Rs 953.60 crore and net profit grew 162.59% to Rs 352.61 crore. The share price has gained 222.73% over five years and 40.71% over the past year. Foreign investors raised their holding from 3.71% in June 2025 to 5.96% in June 2026. The stock trades at a PE of 39.01 against an industry PE of 12.27, with a return on equity of 27.48%.
Premier Energies: Revenue Up 20.65% in FY26
Premier Energies makes solar cells and modules at manufacturing plants in Telangana. It reported FY26 revenue of Rs 8,025.91 crore, up 20.65% year on year, and net profit of Rs 1,509.69 crore, up 61.10%. Revenue has compounded at 79.85% a year since FY22. Operating margin was 33.02% in FY26.
The stock trades at a PE of 26.00 against an industry PE of 53.49, below the sector average, with a return on equity of 35.05%. In the June 2026 quarter, revenue rose 34.13% to Rs 2,507.63 crore and net profit grew 53.33% to Rs 471.92 crore. Domestic institutions raised their holding from 13.26% in September 2025 to 18.88% in September 2026.
30 Per Cent Profit Growth High ROE Promoter Backed Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these 30 per cent profit growth high ROE promoter backed 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 | Latest Quarter Revenue Growth | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Waaree | 27,244.92 | 3,884.15 | 83.52% | 74.31% | 76.25% | 20.31% |
| Kalyan | 35,950.88 | 1,350.39 | 42.72% | 34.90% | 45.52% | 6.50% |
| Hindustan Copper | 3,149.67 | 920.66 | 46.62% | 13.89% | 81.07% | 56.02% |
| Premier Energies | 8,025.91 | 1,509.69 | 20.65% | 79.85% | 34.13% | 30.86% |
Institutional Holding in Waaree, Kalyan, Hindustan Copper and Premier Energies
Institutional holding shows who is backing these 30 per cent profit growth high ROE promoter backed stocks alongside the promoter. The table uses the latest reported quarter for each. Kalyan has the deepest institutional backing, with FII and DII together holding 28.24% as of September 2026. Domestic institutions increased their holding over the past year in Waaree (from 2.82% to 4.09%) and Premier Energies (from 13.26% to 18.88%). Keeping an eye on the Nifty Midcap 100 alongside this list shows whether these shares are moving with the wider market.
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Waaree | 64.12% | 8.57% | 4.09% | 23.22% | September 2026 |
| Kalyan | 62.85% | 13.83% | 14.41% | 8.91% | September 2026 |
| Hindustan Copper | 66.14% | 5.96% | 4.84% | 23.06% | June 2026 |
| Premier Energies | 58.49% | 7.12% | 18.88% | 15.51% | September 2026 |
Risks to Weigh in 30 Per Cent Profit Growth High ROE Promoter Backed Stocks
Being careful with 30 per cent profit growth high ROE promoter backed 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: Hindustan Copper trades at a PE of 39.01 against an industry PE of 12.27, 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 30 Per Cent Profit Growth High ROE Promoter Backed Stocks
Picking from 30 per cent profit growth high ROE promoter backed 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 (12.27 to 53.49) 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 Waaree, Kalyan, Hindustan Copper and Premier Energies live prices.
Conclusion
Among 30 per cent profit growth high ROE promoter backed stocks, Waaree stands out for the lowest PE of the group at 19.43, Kalyan for the fastest profit growth, 56.69% a year since FY22, Hindustan Copper for the strongest latest-quarter profit growth at 162.59% and Premier Energies for the highest return on equity at 35.05%. 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 30 per cent profit growth high ROE promoter backed 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 30 Per Cent Profit Growth High ROE Promoter Backed Stocks to Watch
Which are the best 30 per cent profit growth high ROE promoter backed stocks to watch for multibagger potential?
Ans. Waaree, Kalyan, Hindustan Copper and Premier Energies are the 4 names this list highlights, with market caps of Rs 77,746 crore, Rs 74,295 crore, Rs 44,323 crore and Rs 43,508 crore respectively. Waaree is notable for the lowest PE of the group at 19.43. Kalyan stands out for the fastest profit growth, 56.69% a year since FY22. Hindustan Copper offers the strongest latest-quarter profit growth at 162.59%. Premier Energies brings the highest return on equity at 35.05%. These are watchlist names for 30 per cent profit growth high ROE promoter backed stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is Premier Energies a good stock for long-term investors?
Ans. Premier Energies has a return on equity of 35.05%, a PE of 26.00 against an industry PE of 53.49 and a market cap of Rs 43,508 crore. FY26 revenue rose 20.65%, and June 2026 quarter net profit grew 53.33%. Long-term returns in 30 per cent profit growth high ROE promoter backed stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Kalyan become a multibagger from here?
Ans. Kalyan has already gained 647.75% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in 30 per cent profit growth high ROE promoter backed stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 56.69% a year since FY22, and FY26 revenue rose 42.72%. At a PE of 51.79 against an industry PE of 46.75, valuation should be checked against that growth before investing.
What is the market cap of Waaree, Kalyan, Hindustan Copper and Premier Energies?
Ans. As of 12 November 2026, Waaree has a market cap of Rs 77,746 crore, Kalyan has a market cap of Rs 74,295 crore, Hindustan Copper has a market cap of Rs 44,323 crore and Premier Energies has a market cap of Rs 43,508 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 30 per cent profit growth high ROE promoter backed stocks.
What are the risks of investing in 30 per cent profit growth high ROE promoter backed 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. Hindustan Copper trades at a PE of 39.01 against an industry PE of 12.27, so earnings growth needs to hold up.
Why is Hindustan Copper trading at a PE of 39.01?
Ans. Hindustan Copper's PE of 39.01 compares with an industry PE of 12.27. The market is paying a premium for a return on equity of 27.48%, profit growth of 25.25% a year since FY22 and latest-quarter profit growth of 162.59%, which also means the stock is more sensitive if growth slows. Investors in 30 per cent profit growth high ROE promoter backed 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 Waaree, Kalyan, Hindustan Copper and Premier Energies?
Ans. As of the latest reported quarter, FII and DII together hold 12.66% of Waaree (8.57% and 4.09%), 28.24% of Kalyan (13.83% and 14.41%), 10.80% of Hindustan Copper (5.96% and 4.84%) and 26.00% of Premier Energies (7.12% and 18.88%). Rising institutional holding is a useful signal in 30 per cent profit growth high ROE promoter backed stocks, though it should be read with earnings trends rather than on its own.
Recent Articles

Under Rs 264 Stocks to Buy in November 2026: 5 Names on the Watchlist
13 November 2026

Under Rs 168 Stocks to Buy in November 2026: 5 Names on the Watchlist
13 November 2026

Under Rs 84 Stocks to Buy in November 2026: 5 Names on the Watchlist
13 November 2026

Seventeen Thousand Crore Market Cap Stocks to Buy in November 2026: 5 Names on the Watchlist
13 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
Under Rs 264 Stocks to Buy in November 2026: 5 Names on the Watchlist
Under Rs 168 Stocks to Buy in November 2026: 5 Names on the Watchlist
Under Rs 84 Stocks to Buy in November 2026: 5 Names on the Watchlist
Seventeen Thousand Crore Market Cap Stocks to Buy in November 2026: 5 Names on the Watchlist
Thirteen Thousand Crore Market Cap Stocks to Buy in November 2026: 5 Names on the Watchlist
Popular this week
Thirty Eight Thousand Crore Market Cap Stocks to Buy in November 2026: 5 Names on the Watchlist

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





