
4 Midcap Quarterly Profit Growth and Reasonable Price to Book Stocks to Watch for Future Multibagger Potential: Federal Bank, Oil India, NALCO and Patanjali Foods
Federal Bank Rs 333.75. Oil India Rs 455.50. NALCO Rs 317.55. Patanjali Foods Rs 374.90. Market caps from Rs 41,235 crore to Rs 79,967 crore. Data as of 3 Nov 2026.
Updated: 4 Nov 2026 • 1:50 pm
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Federal Bank, Oil India, NALCO and Patanjali Foods are the 4 picks in this quarterly profit growth and reasonable price to book stocks watchlist, with market caps between Rs 41,235 crore and Rs 79,967 crore. Federal Bank stands out for the fastest profit growth, 22.90% a year since FY22, while Oil India offers the strongest latest-quarter profit growth at 96.77%. PE ratios run from 7.61 to 20.93, so compare each one with its industry PE before investing. All figures are as of 3 November 2026.
Quarterly profit growth and reasonable price to book stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Federal Bank, Oil India, NALCO and Patanjali Foods meet that test, with market caps from Rs 41,235 crore to Rs 79,967 crore and Federal Bank offering the fastest profit growth, 22.90% a year since FY22. Each of these companies has a market capitalisation between Rs 30,000 crore and Rs 1,00,000 crore and latest quarter net profit growth of at least 20 per cent year on year and a price to book ratio below 5, 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 latest quarter net profit growth of at least 20 per cent year on year and a price to book ratio below 5, 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 quarterly profit growth and reasonable price to book stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 3 November 2026 and are drawn from NSE and BSE data and company filings.
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What Are Quarterly Profit Growth and Reasonable Price to Book Stocks and Why Do They Attract Multibagger Interest?
Quarterly profit growth and reasonable price to book stocks are shares of mid sized companies whose profit grew by twenty per cent or more in the latest quarter and whose shares trade below five times book value. The four here cover oil and gas exploration, aluminium, packaged foods and private banking.
Fast profit growth in the latest quarter shows current momentum, and a price to book ratio below 5 shows that the market is not paying an extreme premium over the value of the company on its books. Within quarterly profit growth and reasonable price to book stocks, the four companies show rising profit. For quarterly profit growth and reasonable price to book stocks, both FY26 and the latest quarter showed growth. Whichever way you read quarterly profit growth and reasonable price to book stocks, the common thread is rising profit backed by complete financial data. For quarterly profit growth and reasonable price to book stocks, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of quarterly profit growth and reasonable price to book stocks, using FY26 and latest quarter data. Prices move daily, so recheck the figures for quarterly profit growth and reasonable price to book stocks before you decide.
Quarterly Profit Growth and Reasonable Price to Book Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 3 November 2026. Oil India has the lowest PE of the group at 7.61, while NALCO posts the highest return on equity at 26.83%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Federal Bank | 333.75 | 79,967 | 14.85 | 11.94 | 12.60% | 1.94 | 211.52 to 371.70 |
| Oil India | 455.50 | 72,527 | 7.61 | 7.16 | 11.41% | 1.25 | 395.60 to 531.00 |
| National Aluminium Company | 317.55 | 59,985 | 8.89 | 12.46 | 26.83% | 2.78 | 222.71 to 445.15 |
| Patanjali Foods | 374.90 | 41,235 | 20.93 | 34.68 | 15.37% | 3.14 | 328.20 to 614.05 |
Federal Bank: 22.90% Profit CAGR Since FY22
Federal Bank is a Kerala-based private sector bank with a strong NRI deposit base and a growing retail, small business and digital franchise. It reported FY26 total income of Rs 34,272.42 crore, up 7.00% year on year, and net profit of Rs 4,483.38 crore, up 6.71%. Net profit has compounded at 22.90% a year since FY22, while total income has grown 20.05% a year.
In the September 2026 quarter, total income rose 19.01% to Rs 9,903.41 crore and net profit grew 53.42% to Rs 1,564.06 crore. The share price has gained 259.57% over five years and 57.58% over the past year. Domestic institutions raised their holding from 48.17% in June 2025 to 49.28% in June 2026. The stock trades at a PE of 14.85 against an industry PE of 11.94, with a return on equity of 12.60%.
Oil India: Quarterly Profit Up 96.77%
Oil India is a government-owned oil and gas exploration and production company with operations in Assam, Rajasthan and overseas blocks. It reported FY26 revenue of Rs 35,877.28 crore, up 4.97% year on year, and net profit of Rs 7,550.67 crore, up 7.26%. Revenue has compounded at 7.32% a year since FY22. Operating margin was 36.43% in FY26.
The stock trades at a PE of 7.61 against an industry PE of 7.16. The dividend yield is 2.58%. In the June 2026 quarter, revenue rose 46.98% to Rs 13,236.10 crore and net profit grew 96.77% to Rs 4,026.83 crore. The share price has gained 183.64% over five years. Domestic institutions raised their holding from 18.41% in June 2025 to 20.14% in June 2026.
NALCO: Return on Equity of 26.83%
National Aluminium Company is a government-owned, integrated bauxite-to-aluminium producer with operations in Odisha. It reported FY26 revenue of Rs 18,508.88 crore, up 7.96% year on year, and net profit of Rs 5,797.01 crore, up 10.04%. Net profit has compounded at 18.38% a year since FY22, while revenue has grown 6.33% a year. Operating margin was 48.16% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.
In the June 2026 quarter, revenue rose 39.31% to Rs 5,475.68 crore and net profit grew 90.87% to Rs 2,003.14 crore. The share price has gained 160.35% over five years and 39.86% over the past year. Foreign investors raised their holding from 15.06% in June 2025 to 21.99% in June 2026. The stock trades at a PE of 8.89 against an industry PE of 12.46, below the sector average, with a return on equity of 26.83%. The dividend yield is 3.52%.
Patanjali Foods: Quarterly Profit Up 86.14%
Patanjali Foods refines and sells edible oils and food products under brands such as Ruchi Gold and also runs an oil palm business. It reported FY26 revenue of Rs 40,347.78 crore, up 19.05% year on year, and net profit of Rs 1,814.47 crore, up 39.50%. Operating margin was 4.83% in FY26. The debt-to-equity ratio is 0.21.
The stock trades at a PE of 20.93 against an industry PE of 34.68, below the sector average, with a return on equity of 15.37%. In the June 2026 quarter, revenue rose 29.19% to Rs 11,341.89 crore and net profit grew 86.14% to Rs 335.73 crore. Domestic institutions raised their holding from 11.85% in September 2025 to 12.51% in September 2026.
Quarterly Profit Growth and Reasonable Price to Book Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these quarterly profit growth and reasonable price to book 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) | Latest Quarter Income Growth | Net Profit Growth (YoY) |
|---|---|---|---|---|---|
| Federal Bank | 34,272.42 | 4,483.38 | 7.00% | 19.01% | 6.71% |
| Oil India | 35,877.28 | 7,550.67 | 4.97% | 46.98% | 7.26% |
| NALCO | 18,508.88 | 5,797.01 | 7.96% | 39.31% | 10.04% |
| Patanjali Foods | 40,347.78 | 1,814.47 | 19.05% | 29.19% | 39.50% |
Institutional Holding in Federal Bank, Oil India, NALCO and Patanjali Foods
Institutional holding shows who is backing these quarterly profit growth and reasonable price to book stocks alongside the promoter. The table uses the latest reported quarter for each. Federal Bank has the deepest institutional backing, with FII and DII together holding 76.99% as of June 2026. Domestic institutions increased their holding over the past year in Federal Bank (from 48.17% to 49.28%), Oil India (from 18.41% to 20.14%) and Patanjali Foods (from 11.85% to 12.51%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Federal Bank | Nil | 27.71% | 49.28% | 23.01% | June 2026 |
| Oil India | 56.66% | 7.28% | 20.14% | 15.93% | June 2026 |
| NALCO | 51.28% | 21.99% | 11.22% | 15.51% | June 2026 |
| Patanjali Foods | 68.25% | 7.24% | 12.51% | 12.00% | September 2026 |
Risks to Weigh in Quarterly Profit Growth and Reasonable Price to Book Stocks
Being careful with quarterly profit growth and reasonable price to book 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: Federal Bank trades at a PE of 14.85 against an industry PE of 11.94, 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 Quarterly Profit Growth and Reasonable Price to Book Stocks
Picking from quarterly profit growth and reasonable price to book 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 (7.16 to 34.68) 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 quarterly profit growth and reasonable price to book stocks, Federal Bank stands out for the fastest profit growth, 22.90% a year since FY22, Oil India for the strongest latest-quarter profit growth at 96.77%, NALCO for the highest return on equity at 26.83% and Patanjali Foods for 19.05% 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 quarterly profit growth and reasonable price to book 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 Quarterly Profit Growth and Reasonable Price to Book Stocks to Watch
Which are the best quarterly profit growth and reasonable price to book stocks to watch for multibagger potential?
Ans. Federal Bank, Oil India, NALCO and Patanjali Foods are the 4 names this list highlights, with market caps of Rs 79,967 crore, Rs 72,527 crore, Rs 59,985 crore and Rs 41,235 crore respectively. Federal Bank is notable for the fastest profit growth, 22.90% a year since FY22. Oil India stands out for the strongest latest-quarter profit growth at 96.77%. NALCO offers the highest return on equity at 26.83%. Patanjali Foods brings 19.05% revenue growth in FY26. These are watchlist names for quarterly profit growth and reasonable price to book stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is NALCO a good stock for long-term investors?
Ans. NALCO has a return on equity of 26.83%, a PE of 8.89 against an industry PE of 12.46 and a market cap of Rs 59,985 crore. Net profit has compounded at 18.38% a year since FY22, and FY26 revenue rose 7.96% while June 2026 quarter net profit grew 90.87%. Long-term returns in quarterly profit growth and reasonable price to book stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Federal Bank become a multibagger from here?
Ans. Federal Bank has already gained 259.57% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in quarterly profit growth and reasonable price to book stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 22.90% a year since FY22, and FY26 revenue rose 7.00%. At a PE of 14.85 against an industry PE of 11.94, valuation should be checked against that growth before investing.
What is the market cap of Federal Bank, Oil India, NALCO and Patanjali Foods?
Ans. As of 3 November 2026, Federal Bank has a market cap of Rs 79,967 crore, Oil India has a market cap of Rs 72,527 crore, NALCO has a market cap of Rs 59,985 crore and Patanjali Foods has a market cap of Rs 41,235 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 quarterly profit growth and reasonable price to book stocks.
What are the risks of investing in quarterly profit growth and reasonable price to book 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. Federal Bank trades at a PE of 14.85 against an industry PE of 11.94, so earnings growth needs to hold up.
Why is Federal Bank trading at a PE of 14.85?
Ans. Federal Bank's PE of 14.85 compares with an industry PE of 11.94. The market is paying a premium for profit growth of 22.90% a year since FY22 and latest-quarter profit growth of 53.42%, which also means the stock is more sensitive if growth slows. Investors in quarterly profit growth and reasonable price to book 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 Federal Bank, Oil India, NALCO and Patanjali Foods?
Ans. As of the latest reported quarter, FII and DII together hold 76.99% of Federal Bank (27.71% and 49.28%), 27.42% of Oil India (7.28% and 20.14%), 33.21% of NALCO (21.99% and 11.22%) and 19.75% of Patanjali Foods (7.24% and 12.51%). Rising institutional holding is a useful signal in quarterly profit growth and reasonable price to book stocks, though it should be read with earnings trends rather than on its own.
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