Best Multibagger Stocks For Next 5 Years in India

Peter Lynch first coined the multibagger term through his book – “One Up On Wall Street”. But now, multibagger stocks for next 5 years have gained significant attention from investors in the stock market. They know that these stocks are able to multiply their wealth several times. However, it is important to note that identifying these stocks from the bucket of alternatives could be a daunting task. 

Multibagger stocks identification requires deep research, an understanding of market trends, and a high patience level. If you’re looking for multibagger stocks for next 5 years, you’ve reached the right spot. The article below explores stocks that could become multibaggers in the next 5 years and their benefits. Keep scrolling to explore more. 

Multibagger Stocks For Next 5 Years

*Data is updated as of 9th January 2025.

Overview of Multibagger Stocks for Next 5 Years

1. Solar Industries Ltd.

Solar Industries Ltd. was founded in 1983 and is headquartered in Nagpur, Maharashtra. The company is engaged in manufacturing explosive and initiating devices. With 26+ manufacturing units in India, Solar Industries has gained significant experience in cutting-edge mining and blasting solutions. This organisation caters to the needs of tunnelling, hydro, construction, and other industries, not only in the defence sector. The company’s diverse product portfolio includes HMX, RDX, TNT, Brahmos, Pinaka, 30 mm ammunition, hand-made grenades, ASW fuses, PSOMXL, etc.  

This is one of the best multibagger stocks for next 5 years in India, recording 27.34% YoY revenue growth on 30th September, 2024. The market capitalisation of Solar Industries Ltd. is Rs 87,070 crore, and its PE ratio (Price-to-Earnings) stands at 86.15. 

2. Varun Beverages Ltd.

Varun Beverages Ltd. was founded in 1995 and is headquartered in Gurugram, Haryana. The company is recognised as a giant bolting firm of PepsiCo’s beverages. Varun Beverages is involved in the manufacturing, bottling, and distribution of beverages across different regions. As per the recent updates, it acquired SBC Beverages Tanzania Ltd. for Rs 1,304 crore and a 39.9% stake in Lunarmech Technologies Pvt. Ltd. for Rs 200 crore in November 2024. The company has also started manufacturing soft drinks at its Gorakhpur unit in 2024.  

This one of the best multi-bagger stocks showed an impeccable growth of 24.14% YoY in its revenue in the quarter that ended on 30th September 2024. Moreover, the market capitalisation of Varun Beverages Ltd. is Rs 2,05,000 crore, and its PE ratio (Price-to-Earnings) stands at 80.74. Analysts expect Varun Beverages to become one of the top multibagger stocks for next 5 years. 

3. JB Chemical and Pharmaceuticals Ltd.

JB Chemical and Pharmaceuticals Ltd. was founded in 1976 and is headquartered in Vapi, Gujarat. The company is engaged in manufacturing herbal remedies, active pharmaceutical ingredients (APIs) and medicated lozenges. JB Chemical and Pharmaceuticals Ltd. owns and operates different brands like Cilacar, Rantac, Metrogyl, Nicardia, and Cilacar-T. It not only has 7 manufacturing facilities in Gujarat but also operates in foreign nations like Russia, the United States and South Africa. The primary aim of JBPCL is to make pharma products affordable and better for consumers. 

It is one of the best multibagger stocks for next 5 years and recorded a 13% YoY increase in its revenue from operations in the 2nd quarter of 2024. The market capitalisation of JB Chemical and Pharmaceuticals Ltd. is Rs 29,550 crore, and its PE ratio (Price-to-Earnings) stands at 48.36. 

4. PTC Industries Ltd.

PTC Industries Ltd. was founded in 1963 and is headquartered in Greater Noida, Uttar Pradesh. The company manufactures metal components and sub-systems for different sectors. Moreover, it operates across diverse industries like defence, LNG, marine, power plants, aerospace, etc. PTC Industries Ltd. is one of the major contributors to India’s total exports as it sells 80% of its products outside the country. Big players across different sectors are the customers of PTC. These include Rolls Royce, GE, Alstom, Metso, and Siemens. 

This one of the multibagger stocks for next 5 years has shown an impressive YoY growth in its revenue and net income, which are 25.83% and 112.68%, respectively. The market capitalisation of PTC Industries Ltd. is Rs 25,690 crore, and its PE ratio (Price-to-Earnings) is 570.93.  

5. Rattanindia Enterprises Ltd.

Rattanindia Enterprises Ltd. was founded in 2007 and is headquartered in Mumbai, Maharashtra. The company is using cutting-edge technologies to serve customers across diverse sectors, including telecommunication, energy, fintech, and FMCG. Since its formation, the company has continued to be an integral part of Rattanindia Group and has expanded its operation into different industries. Moreover, it aims to generate long-term value for its shareholders through innovative and sustainable measures. It makes Rattanindia Enterprises one of the best multibagger stocks in India. 

The company has recorded 29.15% YoY growth in its revenue in the quarter ended in September 2024. Furthermore, the market capitalisation of Rattanindia Enterprises Ltd. is Rs 8,560 crore, and its PE ratio (Price-to-Earnings) stands at 11.94.  

6. Lloyds Metal and Energy Ltd.

Lloyds Metal and Energy Ltd. was founded in 1977 and is headquartered in Kolhapur, Maharashtra. It is engaged in the manufacturing of sponge iron and power generation. Moreover, the company has a total production capacity of 2,70,000+ TPA (Tonnes Per Annum) and also has a captive power plant with a capacity of 30 MW. The by-product list of Lloyds Metal and Energy Ltd. includes fly ash, bed materials, iron ore fines, electrostatic precipitators dust, etc.   

Being one of the best multibagger stocks for next 5 years, it has marked a significant YoY increase of 25.03% in the quarter ended on 30th September 2024. The market capitalisation of Lloyds Metal and Energy Ltd. is Rs 74,690 crore, and its PE ratio (Price-to-Earnings) stands at 50.91.  

7. Suzlon Energy Ltd.

Suzlon Energy Ltd. was founded in 1995 and is headquartered in Pune, Maharashtra. The company is engaged in power generation and distribution services to meet the energy needs of the current market. With a capacity of 340 MW, Suzlon has leveraged its robust relationship to offer unmatched services with different solar power projects. The company has 14+ manufacturing units and a strong focus on rapid growth. 

Suzlon, one of the best multibagger stocks for next 5 years, recorded 47.68% YoY growth in the quarter ending on 30th September 2024. The market capitalisation of Suzlon Energy Ltd. stood at Rs 81,940 crore, and its PE ratio (Price-to-Earnings) is valued at 85.39.  

8. Jupiter Wagons Ltd.

Jupiter Wagons Ltd. was founded in 1995 and is headquartered in Kolkata, West Bengal. It is one of the largest private manufacturers of rail freight wagons, passenger coaches, wagon components, and cast manganese steel crossings. The company is operating in the Indian railway sector, automobile sector, etc. With manufacturing units at Jabalpur, Indore, Jamshedpur, and Hooghly, Jupiter Wagons Ltd. tends to serve giant players across different sectors. Most analysts have a positive outlook for the growth of Jupiter Wagons and added this as one of the best multibagger stocks in India. 

In the quarter ended on 30th September 2024, this company has remarked 14.75% of YoY growth in its revenue. The market capitalisation of Jupiter Wagons Ltd. is Rs 20,390 crore, and its PE ratio (Price-to-Earnings) stands at 55.36.

9. Titagarh Rail Systems Ltd.

Titagarh Rail Systems Ltd. was founded in 1997 and is headquartered in Kolkata, West Bengal. This organisation is involved in the manufacturing and selling of rolling stock like wagons, metros, and rails. It is recognised as the first private train manufacturer with its manufacturing units in India and Italy. The company holds a market share of 25% to 30% in terms of wagon manufacturing and is making continuous efforts to increase it as much as possible. Moreover, this one of the best multibagger stocks in India gained significant interest from investors by offering electric propulsion equipment.      

The revenue of this organisation has grown with a YoY growth rate of 12.99% in the quarter ended in September 2024. The market capitalisation of Titagarh Rail Systems Ltd. is Rs 14,930 crore, and its PE ratio (Price-to-Earnings) stands at 49.53.

10. CG Power and Industrial Solutions Ltd.

CG Power and Industrial Solutions Ltd. was founded in 1937 and is headquartered in Mumbai, Maharashtra. It designs, manufactures, and markets products in the railway industry and energy sector. The company has a diversified product segment and offers VCB, PCVCB, GIS, RMU, and rail equipment. CG Power, with its rich repository of engineering capabilities, made the best contribution to the “Make in India” mission. Moreover, investors consider it one of the best multibagger stocks for next 5 years in India to generate higher returns in the coming decades.  

The revenue of this organisation has increased 20.54% YoY in the quarter ended in September 2024. The market capitalisation of CG Power and Industrial Solutions Ltd. is Rs 1,06,000 crore, and its PE ratio (Price-to-Earnings) stands at 73.49.

What are Multibagger Stocks for Next 5 Years?

Multibagger stocks refer to the equities that keep yielding higher returns over a while. These stocks offer higher returns, typically more than 100% in a specified period of time. For instance, if investors invest Rs 1000 in each multibagger stock, they can make it Rs 2000 or more. These are growth stocks available to increase investors’ wealth faster than the overall market. 

Substantial returns from such growth stocks might motivate investing in them. But it is essential to make an informed decision. Be on the article to learn about the factors, benefits, and risks of the best multibagger stocks for next 5 years in India.  

Factors to Consider For Multibagger Stocks for Next 5 Years 

Investors seeking top multibagger stocks for next 5 years should consider different factors. These include. 

1. Steady Revenue Growth

Know whether the revenue of the company is increasing YoY or not. Consistent and steady revenue growth might indicate the stock’s potential to sustain growth against giant competitors. Ensure the revenue growth percentage before investing in the best multibagger stocks for next 5 years. 

2. Strong Management Team

It is the management team that could bring business to new heights. Assess the previous strategies and decisions of management to know about their efficiency in managing the business firm. Top multibagger stocks for next 5 years in India must have a strong management team with compelling experience and skilled persons. 

3. Undervalued Stocks

Ensure that the stock is trading lower in comparison to its market value. Use different variations like PE ratio (Price-to-Earnings), PB ratio (Price-to-Book), and PEG (Price/Earnings-to-Growth) ratio. It is not easy for all to analyse the full potential of stock. Hence, sometimes, the best multibagger stocks for next 5 years remain undervalued. 

4. Company’s Fundamentals

Assess the profit margin and other variations of the best multibagger stocks in India. Use parameters like ROE (Return on Equity), PAT (Profit After Tax) margins, etc, to know whether the company is fundamentally strong or not. Investing in fundamentally strong multibagger stocks for next 5 years could be a stepping stone to wealth generation. 

5. Previous Track Record

Look at the company’s previous achievements to analyse its potential to outperform the sector in the coming years. Also, go through the past 5 years’ financial performance and stock returns to invest in the right multibagger stocks in India.  

Benefits of Multibagger Stocks in India

Here are the benefits of multibagger stocks for next 5 years in India. 

• Higher Return on Investment

Multibagger, the term itself indicates stocks with the potential to generate higher returns on the capital invested. Their remarkable capacity to outperform across different sectors helps them grab the investors’ attention. One can cut off significant losses in the investment portfolio with the help of multibagger stocks for next 5 years.   

• Diversified Investment Portfolio

Putting all eggs in one basket may incur a loss. Thus, it is essential to diversify your investment in stocks from different sectors. It may help you spread the risk and generate balanced returns. Everyone wants diversified investment portfolios, and the best multibagger stocks for next 5 years could be the way to get them. 

• Long-Term Wealth

Top multibagger stocks are recognised as long-term wealth-creation opportunities. Investors should keep in mind that there are very few chances to get immediate success. However, in the long term, multibagger stocks for next 5 years might appreciate your value faster than the overall market. 

• Beat Inflation 

The inherent potential of the best multibagger stocks in India could outpace inflation every year. These shares could influence the purchasing power of investors. They not only beat inflation but also deliver tremendous returns to meet your financial needs. 

Multibagger Stocks Based on 1-Year Return

*Data is updated as of 9th January 2025.

Multibagger Stocks For Next 5 Years: Analyst Ratings

*Data is updated as of 9th January 2025.

Risks Associated With Multibagger Stocks for Next 5 Years

Besides endless benefits, top multibagger stocks in India may also have different risks. Here are the risks associated with these stocks. Identify them so that mitigation strategies can be made in advance. 

1. Economic Slowdowns

Economic downturns like recession, inflation, etc., cause low volatility and may impact a company’s overall performance. Thus, prices may get negative fluctuations. Sharp ups and downs in price create a challenging situation for investors to analyse the best entry price in the multibagger stocks for next 5 years. 

2. Low Dividends

Best multibagger stocks for next 5 years often pay small dividends. Sometimes, it is essential to accept stocks without any dividend payouts to generate returns. However, low dividend income might impact investors’ behaviour toward trading in these stocks, decreasing the overall volume.  

3. Valuation Risk

During the hype period, investors might have to pay more for each stock than its actual value. It may impact the overall returns as the entry level is expensive. It would be hard to analyse whether the stock is overvalued or not. 

4. Market Volatility

Indian stock market is highly volatile in nature. And this immense volatility is the key reason behind emotional and financial challenges for investors. A highly volatile market brings shart ups and downs that may impact your overall returns from the best multibagger stocks for next 5 years. 

Ways to Identify Best Multibagger Stocks for Next 5 Years

Here are some key steps investors should consider to identify the best multibagger stocks for next 5 years. 

• Conduct Thorough Research

Multibagger stocks in India often deliver tremendous returns to investors. But they also come with multiple risks, dynamic market trends, and uncertain situations. It is essential to conduct your own research on these stocks to avoid the risk of price manipulation, pumping-dumping schemes, and more. 

• Consult Financial Advisors

Consult your financial advisor or try Univest to get the best stock recommendations. You can consult your financial advisor about the scrutinised shares for assistance.   

• Check Management Quality and Past Records

Assess the quality of management of the business enterprises in which you are going to invest your invaluable capital. Also, track the previous financial records and achievements of the company to know about its capabilities to deliver tremendous returns. 

• Peer Comparison

Identification of the best multibagger stocks for next 5 years requires individuals to compare the technical and financial performances of the companies with each other. Compare them through different parameters like PE ratio, PB ratio, EPS, PAT margin, revenue growth, and more.  

Tools to Identify Multibagger Stocks for Next 5 Years With Univest

Univest can help you navigate the Indian stock market conveniently. It has designed screeners, stock recommendation panels, portfolio analytics, and much more to help you invest with diversified portfolios. Here is how you can identify the best multibagger stocks in India with Univest. 

• Exclusive Screeners

Univest offers exclusive screeners to make individual research easier and more convenient. It provides screeners highlighting stocks to buy in short term, stocks to buy in long term, stocks with DII holdings change, stocks with higher dividends, stocks with upcoming dividends, and many more. Use these screeners to identify the best stocks that could be multibaggers in the coming decades. 

• Expert’s Recommendations

At the Univest app, you will get buy, hold, or sell recommendations. Leverage them to identify the best multibagger stocks for next 5 years and generate tremendous returns in the coming years.  

• Real-Time Insights

Univest offers real-time insights on live charts, market data, and stocks’ technicals. It allows investors to find undervalued stocks with steady growth potential. 

• Stock Alerts

With the help of pop-up alerts at Univest, you can learn about stock performance and growth potential. Simply register for free on the Univest Android app or Univest iOS app to get daily stock alerts.  

• Portfolio Analytics

You can now open a demat account on Univest and track your returns through the portfolio section. Invest now and track your portfolio to get better returns from the multibagger stocks for next 5 years. 

Final Thoughts

As we’ve reached 2025, multibagger stocks for next 5 years could be your next favourable investment option to generate tremendous returns from the Indin share market. India is considered one of the fastest-growing markets in the world. And it is inclusive of hundreds of companies yet to reach out their actual valuations. These are considered upcoming multibagger stocks. Investing in such stocks could help you generate more wealth and diversify your investment portfolio. You just need the right strategy to enhance your wealth generation journey. 

Note: Open your demat account on Univest to invest in the aforementioned multibagger stocks for next 5 years. Register now with zero brokerage!

FAQs for Multibagger Stocks for Next 5 Years

1. What are the multibagger stocks?

Ans. Multibagger stocks are the equities of business enterprises that yield higher returns, typically more than 100%, in a specific period of time. The term- multibagger was introduced by Peter Lynch through his book title “One Up on Wall Street”. These stocks often increase investors’ wealth by delivering tremendous returns in the Indian share market.

2. Which is the best multibagger stock?

Ans. Here is the list of best multibagger stocks for next 5 years. 

*Data is updated as of 9th January 2025.

3. How do you identify multibagger stocks?

Ans. Conduct thorough research and assess parameters like PE ratio, PAT margins, EPS, ROE, revenue growth, debt levels, and more to identify the best multibagger stocks in India. Compare the stocks with each other to identify the best multibagger stocks in India.  

4. Are multibagger stocks risky?

Ans. Investing in stocks always comes with some of the associated risks. In the case of multibagger stocks for next 5 years, investors might face risks like high volatility, low dividend yield, overvaluation, and economic downturns. To eliminate such risks from your investment journey, conduct research on the best stocks on Dalal Street. 

Disclaimer: Investing in stocks comes with multiple risks and may incur significant capital losses. It is essential to conduct your own research before investing in them. You can consult your financial advisor or Univest. They can help you with some measures to make your investment portfolio more diversified so as to generate adequate returns.

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