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4 Midcap Earnings Per Share Above Rs 100 Stocks to Watch for Future Multibagger Potential: Dixon, Waaree Energies, Sundaram Finance and Navin Fluorine

Dixon Rs 11,488. Waaree Energies Rs 2,318. Sundaram Finance Rs 3,948.40. Navin Fluorine Rs 8,260.50. Market caps from Rs 42,847 crore to Rs 77,644 crore. Data as of 29 Oct 2026.


30 Oct 2026 • 11:10 am

4 Midcap Earnings Per Share Above Rs 100 Stocks to Watch for Future Multibagger Potential: Dixon, Waaree Energies, Sundaram Finance and Navin Fluorine

Quick Answer

Dixon, Waaree Energies, Sundaram Finance and Navin Fluorine are the 4 picks in this earnings per share above Rs 100 stocks watchlist, with market caps between Rs 42,847 crore and Rs 77,644 crore. Dixon stands out for the highest return on equity at 30.76%, while Waaree Energies offers the lowest PE of the group at 17.51. PE ratios run from 17.51 to 54.26, so compare each one with its industry PE before investing. All figures are as of 29 October 2026.

Earnings per share above Rs 100 stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Dixon, Waaree Energies, Sundaram Finance and Navin Fluorine meet that test, with market caps from Rs 42,847 crore to Rs 77,644 crore and Dixon offering the highest return on equity at 30.76%. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and an earnings per share of at least Rs 100, worked out as the share price divided by the price to earnings ratio, 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 market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and an earnings per share of at least Rs 100, worked out as the share price divided by the price to earnings ratio, 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, 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 earnings per share above Rs 100 stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 29 October 2026 and are drawn from NSE and BSE data and company filings.

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What Are Earnings Per Share Above Rs 100 Stocks and Why Do They Attract Multibagger Interest?

Earnings per share above Rs 100 stocks are shares of mid sized companies that earn Rs 100 or more of profit on every single share, a level that points to a strong earning base and usually to a high priced stock backed by real profit. The four here cover electronics manufacturing, vehicle finance, specialty chemicals and solar modules.

A high earnings per share shows that the company turns a large profit on each share, and when that profit keeps growing, the earning power behind each share keeps rising. For earnings per share above Rs 100 stocks, both FY26 and the latest quarter showed growth. Whichever way you read earnings per share above Rs 100 stocks, the common thread is rising profit backed by complete financial data. For earnings per share above Rs 100 stocks, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of earnings per share above Rs 100 stocks, using FY26 and latest quarter data. Prices move daily, so recheck the figures for earnings per share above Rs 100 stocks before you decide.

Earnings Per Share Above Rs 100 Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book

Prices are closing prices as of 29 October 2026. Waaree Energies has the lowest PE of the group at 17.51, while Dixon posts the highest return on equity at 30.76%.

Stock CMP (Rs) Market Cap (Rs Cr) PE Industry PE ROE Price to Book 52-Week Range (Rs)
Dixon Technologies 11,488 77,644 37.30 45.19 30.76% 16.61 9,600.00 to 17,299.00
Waaree Energies 2,318 70,068 17.51 45.89 25.71% 4.85 2,238.00 to 3,718.80
Sundaram Finance 3,948.40 45,040 20.29 17.70 13.82% 3.03 3,902.00 to 5,642.00
Navin Fluorine International 8,260.50 42,847 54.26 36.42 16.69% 10.78 4,772.20 to 8,949.50

Dixon: 71.44% Profit CAGR Since FY22

Dixon Technologies is an electronics manufacturing services company that makes televisions, phones, appliances and lighting for brands. It reported FY26 revenue of Rs 49,585.84 crore, up 27.53% year on year, and net profit of Rs 1,644.25 crore, up 33.40%. Net profit has compounded at 71.44% a year since FY22, while revenue has grown 46.72% a year. Operating margin was 3.95% in FY26. The debt-to-equity ratio is 0.21.

In the June 2026 quarter, revenue rose 25.23% to Rs 16,075.95 crore and net profit grew 156.35% to Rs 717.83 crore. The share price has gained 114.81% over five years. The stock trades at a PE of 37.30 against an industry PE of 45.19, below the sector average, with a return on equity of 30.76%.

Waaree Energies: 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.

The stock trades at a PE of 17.51 against an industry PE of 45.89, below the sector average, with a return on equity of 25.71%. 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.

Sundaram Finance: Quarterly Profit Up 38.14%

Sundaram Finance is one of India’s oldest non-banking finance companies, with a strong record in commercial vehicle and car loans. It reported FY26 revenue of Rs 9,873.12 crore, up 15.30% year on year, and net profit of Rs 2,005.40 crore, up 10.62%. Net profit has compounded at 17.10% a year since FY22, while revenue has grown 17.69% a year. Operating margin was 77.70% in FY26.

In the June 2026 quarter, revenue rose 12.76% to Rs 2,653.34 crore and net profit grew 38.14% to Rs 568.86 crore. The share price has gained 68.83% over five years. Domestic institutions raised their holding from 7.22% in June 2025 to 8.00% in June 2026. The stock trades at a PE of 20.29 against an industry PE of 17.70, with a return on equity of 13.82%.

Navin Fluorine: 26.02% Profit CAGR Since FY22

Navin Fluorine International makes specialty fluorochemicals, refrigerant gases and contract research and manufacturing services. It reported FY26 revenue of Rs 3,379.19 crore, up 41.20% year on year, and net profit of Rs 663.56 crore, up 129.92%. Net profit has compounded at 26.02% a year since FY22, while revenue has grown 22.66% a year. Operating margin was 34.41% in FY26. The debt-to-equity ratio is 0.32.

The stock trades at a PE of 54.26 against an industry PE of 36.42, with a return on equity of 16.69%. In the June 2026 quarter, revenue rose 46.11% to Rs 1,080.17 crore and net profit grew 107.66% to Rs 243.31 crore. The share price has gained 111.47% over five years and 61.62% over the past year. Foreign investors raised their holding from 21.98% in July 2025 to 23.73% in June 2026.

Earnings Per Share Above Rs 100 Stocks: Financial Comparison on Growth and Margins

The table compares scale and growth across these earnings per share above Rs 100 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)
Dixon 49,585.84 1,644.25 27.53% 46.72% 25.23% 6.43%
Waaree Energies 27,244.92 3,884.15 83.52% 74.31% 76.25% 20.31%
Sundaram Finance 9,873.12 2,005.40 15.30% 17.69% 12.76% 78.41%
Navin Fluorine 3,379.19 663.56 41.20% 22.66% 46.11% 37.52%

Check the Univest Screener for live data on these earnings per share above Rs 100 stocks

Institutional Holding in Dixon, Waaree Energies, Sundaram Finance and Navin Fluorine

Institutional holding shows who is backing these earnings per share above Rs 100 stocks alongside the promoter. The table uses the latest reported quarter for each. Navin Fluorine has the deepest institutional backing, with FII and DII together holding 52.19% as of June 2026. Domestic institutions increased their holding over the past year in Waaree Energies (from 2.82% to 4.09%) and Sundaram Finance (from 7.22% to 8.00%).

Stock Promoter FII DII Public Quarter
Dixon 28.50% 18.96% 28.71% 23.83% September 2026
Waaree Energies 64.12% 8.57% 4.09% 23.22% September 2026
Sundaram Finance 37.21% 18.58% 8.00% 36.21% June 2026
Navin Fluorine 27.08% 23.73% 28.46% 20.73% June 2026

Risks to Weigh in Earnings Per Share Above Rs 100 Stocks

Being careful with earnings per share above Rs 100 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: Navin Fluorine trades at a PE of 54.26 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 Earnings Per Share Above Rs 100 Stocks

Picking from earnings per share above Rs 100 stocks comes down to four checks, applied in order.

  1. Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
  2. Compare each PE with the industry PE (17.70 to 45.89) 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.

Download the Univest iOS App or Univest Android App to track Dixon, Waaree Energies, Sundaram Finance and Navin Fluorine live prices.

Conclusion

Among earnings per share above Rs 100 stocks, Dixon stands out for the highest return on equity at 30.76%, Waaree Energies for the lowest PE of the group at 17.51, Sundaram Finance for 15.30% revenue growth in FY26 and Navin Fluorine for 41.20% 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 earnings per share above Rs 100 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 Earnings Per Share Above Rs 100 Stocks to Watch

Which are the best earnings per share above Rs 100 stocks to watch for multibagger potential?

Ans. Dixon, Waaree Energies, Sundaram Finance and Navin Fluorine are the 4 names this list highlights, with market caps of Rs 77,644 crore, Rs 70,068 crore, Rs 45,040 crore and Rs 42,847 crore respectively. Dixon is notable for the highest return on equity at 30.76%. Waaree Energies stands out for the lowest PE of the group at 17.51. Sundaram Finance offers 15.30% revenue growth in FY26. Navin Fluorine brings 41.20% revenue growth in FY26. These are watchlist names for earnings per share above Rs 100 stocks, not recommendations, so match each one to your own risk profile and time horizon.

Is Dixon a good stock for long-term investors?

Ans. Dixon has a return on equity of 30.76%, a PE of 37.30 against an industry PE of 45.19 and a market cap of Rs 77,644 crore. Net profit has compounded at 71.44% a year since FY22, and FY26 revenue rose 27.53% while June 2026 quarter net profit grew 156.35%. Long-term returns in earnings per share above Rs 100 stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.

Can Navin Fluorine become a multibagger from here?

Ans. Navin Fluorine has already gained 111.47% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in earnings per share above Rs 100 stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 26.02% a year since FY22, and FY26 revenue rose 41.20%. At a PE of 54.26 against an industry PE of 36.42, valuation should be checked against that growth before investing.

What is the market cap of Dixon, Waaree Energies, Sundaram Finance and Navin Fluorine?

Ans. As of 29 October 2026, Dixon has a market cap of Rs 77,644 crore, Waaree Energies has a market cap of Rs 70,068 crore, Sundaram Finance has a market cap of Rs 45,040 crore and Navin Fluorine has a market cap of Rs 42,847 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 earnings per share above Rs 100 stocks.

What are the risks of investing in earnings per share above Rs 100 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. Navin Fluorine trades at a PE of 54.26 against an industry PE of 36.42, so earnings growth needs to hold up.

Why is Navin Fluorine trading at a PE of 54.26?

Ans. Navin Fluorine’s PE of 54.26 compares with an industry PE of 36.42. The market is paying a premium for a return on equity of 16.69%, profit growth of 26.02% a year since FY22 and latest-quarter profit growth of 107.66%, which also means the stock is more sensitive if growth slows. Investors in earnings per share above Rs 100 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 Dixon, Waaree Energies, Sundaram Finance and Navin Fluorine?

Ans. As of the latest reported quarter, FII and DII together hold 47.67% of Dixon (18.96% and 28.71%), 12.66% of Waaree Energies (8.57% and 4.09%), 26.58% of Sundaram Finance (18.58% and 8.00%) and 52.19% of Navin Fluorine (23.73% and 28.46%). Rising institutional holding is a useful signal in earnings per share above Rs 100 stocks, though it should be read with earnings trends rather than on its own.

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Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

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