
4 Smallcap Dip-Buying Stocks With Rising Profit to Watch for Future Multibagger Potential: LIC Housing Finance, Jubilant FoodWorks, Metro Brands and Tata Elxsi
LIC Housing Finance Rs 502. Jubilant FoodWorks Rs 404.90. Metro Brands Rs 854.95. Tata Elxsi Rs 3,846.80. Market caps from Rs 23,957 crore to Rs 29,318 crore. Data as of 22 Oct 2026.
Updated: 23 Oct 2026 • 9:18 am
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LIC Housing Finance, Jubilant FoodWorks, Metro Brands and Tata Elxsi are the 4 picks in this dip-buying stocks with rising profit watchlist, with market caps between Rs 23,957 crore and Rs 29,318 crore. LIC Housing Finance stands out for the lowest PE of the group at 5.11, while Jubilant FoodWorks offers 17.22% revenue growth in FY26. PE ratios run from 5.11 to 62.02, so compare each one with its industry PE before investing. All figures are as of 22 October 2026.
Dip-buying stocks with rising profit to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. LIC Housing Finance, Jubilant FoodWorks, Metro Brands and Tata Elxsi meet that test, with market caps from Rs 23,957 crore to Rs 29,318 crore and LIC Housing Finance offering the lowest PE of the group at 5.11. Each of these companies has a share price below its level of a year ago, and net profit rose in FY26 and in the latest quarter.
This list covers companies with a share price below its level of a year ago, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap below Rs 30,000 crore. Investors screening dip-buying stocks with rising profit usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 22 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Dip-Buying Stocks With Rising Profit and Why Do They Attract Multibagger Interest?
Dip-buying stocks with rising profit are shares of smaller companies whose profit has grown while the price has not yet caught up. The four here cover housing finance, restaurants, footwear retail and design engineering.
When earnings rise faster than the price, the valuation gap can close in the buyer's favour. For dip-buying stocks with rising profit, both FY26 and the latest quarter showed growth. Investors researching dip-buying stocks with rising profit get a fuller picture by reading growth and valuation together. The table below lines up dip-buying stocks with rising profit on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use dip-buying stocks with rising profit as a starting point for your own research.
Dip-Buying Stocks With Rising Profit at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 22 October 2026. LIC Housing Finance has the lowest PE of the group at 5.11, while Tata Elxsi posts the highest return on equity at 24.73%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| LIC Housing Finance | 502 | 29,318 | 5.11 | 17.68 | 13.53% | 0.71 | 458.90 to 598.20 |
| Jubilant FoodWorks | 404.90 | 27,911 | 62.02 | 59.28 | 18.69% | 12.18 | 404.90 to 622.95 |
| Metro Brands | 854.95 | 24,494 | 59.39 | 38.47 | 20.63% | 12.29 | 807.00 to 1,250.00 |
| Tata Elxsi | 3,846.80 | 23,957 | 35.75 | 20.69 | 24.73% | 8.22 | 2,996.00 to 5,950.00 |
LIC Housing Finance: 25.13% Profit CAGR Since FY22
LIC Housing Finance is a housing finance company promoted by Life Insurance Corporation of India that offers home loans and loans against property. It reported FY26 total income of Rs 28,843.49 crore, up 2.64% year on year, and net profit of Rs 5,604.24 crore, up 2.97%. Net profit has compounded at 25.13% a year since FY22, while total income has grown 9.58% a year.
Net profit for the June 2026 quarter grew 9.90% to Rs 1,499.03 crore. The stock trades at a PE of 5.11 against an industry PE of 17.68, below the sector average, with a return on equity of 13.53%. The dividend yield is 1.88%.
Jubilant FoodWorks: Market Cap of Rs 27,911 Crore
Jubilant FoodWorks runs Domino's Pizza and Dunkin' stores in India and also operates Popeyes and Hong's Kitchen. It reported FY26 revenue of Rs 9,586.64 crore, up 17.22% year on year, and net profit of Rs 386.03 crore, up 54.37%. Revenue has compounded at 21.24% a year since FY22. Operating margin was 20.96% in FY26.
The stock trades at a PE of 62.02 against an industry PE of 59.28, with a return on equity of 18.69%. In the June 2026 quarter, revenue rose 13.55% to Rs 2,588.34 crore and net profit grew 6.03% to Rs 100.03 crore. Domestic institutions raised their holding from 33.25% in September 2025 to 40.34% in September 2026.
Metro Brands: Return on Equity of 20.63%
Metro Brands sells footwear and accessories through its Metro, Mochi, Walkway and Crocs stores across India. It reported FY26 revenue of Rs 2,967.85 crore, up 14.13% year on year, and net profit of Rs 415.89 crore, up 17.33%. Net profit has compounded at 18.22% a year since FY22, while revenue has grown 20.63% a year. Operating margin was 33.98% in FY26.
In the September 2026 quarter, revenue rose 10.88% to Rs 753.21 crore and net profit grew 12.03% to Rs 77.28 crore. Promoters hold 71.80%, which keeps ownership stable. The stock trades at a PE of 59.39 against an industry PE of 38.47, with a return on equity of 20.63%.
Tata Elxsi: 33.09% Profit CAGR Since FY11
Tata Elxsi provides design and technology services to the automotive, media, communications and healthcare industries. It reported FY15 revenue of Rs 852.75 crore, up 8.31% year on year, and net profit of Rs 102.02 crore, up 41.18%. Net profit has compounded at 33.09% a year since FY11, while revenue has grown 19.39% a year. Operating margin was 21.35% in FY15. The debt-to-equity ratio is 0.05, which keeps interest costs low.
The stock trades at a PE of 35.75 against an industry PE of 20.69, with a return on equity of 24.73%. The dividend yield is 1.95%. In the March 2015 quarter, revenue rose 8.97% to Rs 230.77 crore and net profit grew 36.52% to Rs 29.83 crore.
Dip-Buying Stocks With Rising Profit: Financial Comparison on Growth and Margins
The table compares scale and growth across these dip-buying stocks with rising profit. 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 | Net Profit Growth (YoY) |
|---|---|---|---|---|---|
| LIC Housing Finance | 28,843.49 | 5,604.24 | 2.64% | 9.58% | 2.97% |
| Jubilant FoodWorks | 9,586.64 | 386.03 | 17.22% | 21.24% | 54.37% |
| Metro Brands | 2,967.85 | 415.89 | 14.13% | 20.63% | 17.33% |
| Tata Elxsi | 852.75 | 102.02 | 8.31% | 19.39% | 41.18% |
Check the Univest Screener for live data on these dip-buying stocks with rising profit
Institutional Holding in LIC Housing Finance, Jubilant FoodWorks, Metro Brands and Tata Elxsi
Institutional holding shows who is backing these dip-buying stocks with rising profit alongside the promoter. The table uses the latest reported quarter for each. Jubilant FoodWorks has the deepest institutional backing, with FII and DII together holding 53.63% as of September 2026. Domestic institutions increased their holding over the past year in Jubilant FoodWorks (from 33.25% to 40.34%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| LIC Housing Finance | 45.24% | 18.93% | 21.64% | 14.19% | September 2026 |
| Jubilant FoodWorks | 40.27% | 13.29% | 40.34% | 6.10% | September 2026 |
| Metro Brands | 71.80% | 3.73% | 7.68% | 16.79% | June 2026 |
| Tata Elxsi | 43.89% | 8.00% | 9.98% | 38.13% | September 2026 |
Risks to Weigh in Dip-Buying Stocks With Rising Profit
Being careful with dip-buying stocks with rising profit 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: Tata Elxsi trades at a PE of 35.75 against an industry PE of 20.69, 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 Dip-Buying Stocks With Rising Profit
Picking from dip-buying stocks with rising profit 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 (17.68 to 59.28) 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 LIC Housing Finance, Jubilant FoodWorks, Metro Brands and Tata Elxsi live prices.
Conclusion
Among dip-buying stocks with rising profit, LIC Housing Finance stands out for the lowest PE of the group at 5.11, Jubilant FoodWorks for 17.22% revenue growth in FY26, Metro Brands for 14.13% revenue growth in FY26 and Tata Elxsi for the highest return on equity at 24.73%. 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 dip-buying stocks with rising profit 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 Dip-Buying Stocks With Rising Profit to Watch
Which are the best dip-buying stocks with rising profit to watch for multibagger potential?
Ans. LIC Housing Finance, Jubilant FoodWorks, Metro Brands and Tata Elxsi are the 4 names this list highlights, with market caps of Rs 29,318 crore, Rs 27,911 crore, Rs 24,494 crore and Rs 23,957 crore respectively. LIC Housing Finance is notable for the lowest PE of the group at 5.11. Jubilant FoodWorks stands out for 17.22% revenue growth in FY26. Metro Brands offers 14.13% revenue growth in FY26. Tata Elxsi brings the highest return on equity at 24.73%. These are watchlist names for dip-buying stocks with rising profit, not recommendations, so match each one to your own risk profile and time horizon.
Is Tata Elxsi a good stock for long-term investors?
Ans. Tata Elxsi has a return on equity of 24.73%, a PE of 35.75 against an industry PE of 20.69 and a market cap of Rs 23,957 crore. Net profit has compounded at 33.09% a year since FY11, and FY15 revenue rose 8.31% while March 2015 quarter net profit grew 36.52%. Long-term returns in dip-buying stocks with rising profit depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can LIC Housing Finance become a multibagger from here?
Ans. LIC Housing Finance has a market cap of Rs 29,318 crore. A multibagger outcome in dip-buying stocks with rising profit requires earnings to keep growing faster than the market for several years. Net profit has compounded at 25.13% a year since FY22, and FY26 revenue rose 2.64%. At a PE of 5.11 against an industry PE of 17.68, valuation should be checked against that growth before investing.
What is the market cap of LIC Housing Finance, Jubilant FoodWorks, Metro Brands and Tata Elxsi?
Ans. As of 22 October 2026, LIC Housing Finance has a market cap of Rs 29,318 crore, Jubilant FoodWorks has a market cap of Rs 27,911 crore, Metro Brands has a market cap of Rs 24,494 crore and Tata Elxsi has a market cap of Rs 23,957 crore. All of them qualify as smallcaps. 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 dip-buying stocks with rising profit.
What are the risks of investing in dip-buying stocks with rising profit?
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. Tata Elxsi trades at a PE of 35.75 against an industry PE of 20.69, so earnings growth needs to hold up.
Why is Tata Elxsi trading at a PE of 35.75?
Ans. Tata Elxsi's PE of 35.75 compares with an industry PE of 20.69. The market is paying a premium for a return on equity of 24.73%, profit growth of 33.09% a year since FY11 and latest-quarter profit growth of 36.52%, which also means the stock is more sensitive if growth slows. Investors in dip-buying stocks with rising profit who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in LIC Housing Finance, Jubilant FoodWorks, Metro Brands and Tata Elxsi?
Ans. As of the latest reported quarter, FII and DII together hold 40.57% of LIC Housing Finance (18.93% and 21.64%), 53.63% of Jubilant FoodWorks (13.29% and 40.34%), 11.41% of Metro Brands (3.73% and 7.68%) and 17.98% of Tata Elxsi (8.00% and 9.98%). Rising institutional holding is a useful signal in dip-buying stocks with rising profit, though it should be read with earnings trends rather than on its own.
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