
4 Top Stocks With Over 50 Per Cent Revenue Growth to Watch for Future Multibagger Potential: BSE, Muthoot Finance, MCX and Waaree Energies
BSE Rs 3,336. Muthoot Finance Rs 2,566. MCX Rs 3,184.50. Waaree Energies Rs 2,515. Market caps from Rs 71,640 crore to Rs 1.40 lakh crore. Data as of 20 Oct 2026.
Updated: 21 Oct 2026 • 5:14 pm
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BSE, Muthoot Finance, MCX and Waaree Energies are the 4 picks in this stocks with over 50 per cent revenue growth watchlist, with market caps between Rs 71,640 crore and Rs 1.40 lakh crore. BSE stands out for the fastest profit growth, 78.30% a year since FY22, while Muthoot Finance offers the lowest PE of the group at 9.06. PE ratios run from 9.06 to 52.29, so compare each one with its industry PE before investing. All figures are as of 20 October 2026.
Stocks with over 50 per cent revenue growth to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. BSE, Muthoot Finance, MCX and Waaree Energies meet that test, with market caps from Rs 71,640 crore to Rs 1.40 lakh crore and BSE offering the fastest profit growth, 78.30% a year since FY22. Each of these companies grew FY26 revenue by more than 50 per cent, and net profit rose in FY26 and in the latest quarter.
This list covers companies with FY26 revenue growth of 50 per cent or more, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. The companies here range from midcaps to largecaps in size. Investors screening stocks with over 50 per cent revenue growth usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 20 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Stocks With Over 50 Per Cent Revenue Growth and Why Do They Attract Multibagger Interest?
Stocks with over 50 per cent revenue growth are shares of businesses that grew sales at more than one and a half times the earlier pace. The four here cover two exchanges, gold finance and solar manufacturing.
Growth at this speed is rare among large companies. Looking at stocks with over 50 per cent revenue growth, the question is how long the pace can last as the base gets bigger. Investors researching stocks with over 50 per cent revenue growth get a fuller picture by reading growth and valuation together. The table below lines up stocks with over 50 per cent revenue growth on size, growth and valuation, using complete FY26 and latest quarter numbers. Past performance does not guarantee future returns, so use stocks with over 50 per cent revenue growth as a starting point for your own research.
Stocks With Over 50 Per Cent Revenue Growth at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 20 October 2026. Muthoot Finance has the lowest PE of the group at 9.06, while MCX posts the highest return on equity at 46.75%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| BSE Ltd | 3,336 | 1,39,823 | 49.55 | 42.42 | 37.42% | 20.95 | 2,326.10 to 4,446.80 |
| Muthoot Finance | 2,566 | 1,03,780 | 9.06 | 17.97 | 28.01% | 2.56 | 2,545.00 to 4,149.50 |
| Multi Commodity Exchange of India | 3,184.50 | 80,621 | 52.29 | 42.17 | 46.75% | 28.31 | 1,762.10 to 3,481.40 |
| Waaree Energies | 2,515 | 71,640 | 17.90 | 45.89 | 25.71% | 4.96 | 2,281.80 to 3,718.80 |
BSE: 78.30% Profit CAGR Since FY22
BSE Ltd operates one of India's two major stock exchanges and earns from trading, listing, data and clearing services. It reported FY26 revenue of Rs 5,148.10 crore, up 59.07% year on year, and net profit of Rs 2,475.30 crore, up 87.94%. Net profit has compounded at 78.30% a year since FY22, while revenue has grown 56.26% a year. Operating margin was 68.39% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.
In the June 2026 quarter, revenue rose 63.41% to Rs 1,706.72 crore and net profit grew 62.15% to Rs 872.66 crore. The share price has gained 2101.66% over five years and 37.49% over the past year. Domestic institutions raised their holding from 13.51% in June 2025 to 24.15% in June 2026. The stock trades at a PE of 49.55 against an industry PE of 42.42, with a return on equity of 37.42%.
Muthoot Finance: 27.36% Profit CAGR Since FY22
Muthoot Finance is India's largest gold loan NBFC by loan assets, with a branch network across the country. It reported FY26 total income of Rs 31,263.41 crore, up 54.27% year on year, and net profit of Rs 10,606.87 crore, up 98.17%. Net profit has compounded at 27.36% a year since FY22, while total income has grown 26.42% a year.
The stock trades at a PE of 9.06 against an industry PE of 17.97, below the sector average, with a return on equity of 28.01%. In the June 2026 quarter, total income rose 34.48% to Rs 8,694.81 crore and net profit grew 43.08% to Rs 2,824.84 crore. The share price has gained 67.76% over five years. Foreign investors raised their holding from 10.84% in June 2025 to 11.61% in June 2026.
MCX: 74.55% Profit CAGR Since FY22
MCX is India's leading commodity derivatives exchange, where gold, silver, crude oil, natural gas and base metals contracts are traded. It reported FY26 revenue of Rs 2,429.05 crore, up 100.94% year on year, and net profit of Rs 1,331.55 crore, up 137.76%. Net profit has compounded at 74.55% a year since FY22, while revenue has grown 53.87% a year. Operating margin was 76.83% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.
In the June 2026 quarter, revenue rose 85.25% to Rs 751.79 crore and net profit grew 103.47% to Rs 413.44 crore. The share price has gained 720.06% over five years and 69.44% over the past year. Foreign investors raised their holding from 21.69% in June 2025 to 29.84% in June 2026. The stock trades at a PE of 52.29 against an industry PE of 42.17, with a return on equity of 46.75%.
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 17.90 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.
Stocks With Over 50 Per Cent Revenue Growth: Financial Comparison on Growth and Margins
The table compares scale and growth across these stocks with over 50 per cent revenue growth. 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 |
|---|---|---|---|---|---|
| BSE | 5,148.10 | 2,475.30 | 59.07% | 56.26% | 63.41% |
| Muthoot Finance | 31,263.41 | 10,606.87 | 54.27% | 26.42% | 34.48% |
| MCX | 2,429.05 | 1,331.55 | 100.94% | 53.87% | 85.25% |
| Waaree Energies | 27,244.92 | 3,884.15 | 83.52% | 74.31% | 76.25% |
Check the Univest Screener for live data on these stocks with over 50 per cent revenue growth
Institutional Holding in BSE, Muthoot Finance, MCX and Waaree Energies
Institutional holding shows who is backing these stocks with over 50 per cent revenue growth alongside the promoter. The table uses the latest reported quarter for each. MCX has the deepest institutional backing, with FII and DII together holding 80.65% as of June 2026. Domestic institutions increased their holding over the past year in BSE (from 13.51% to 24.15%) and Waaree Energies (from 2.82% to 4.09%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| BSE | Nil | 21.32% | 24.15% | 54.53% | June 2026 |
| Muthoot Finance | 73.35% | 11.61% | 10.76% | 4.29% | June 2026 |
| MCX | Nil | 29.84% | 50.81% | 19.34% | June 2026 |
| Waaree Energies | 64.12% | 8.57% | 4.09% | 23.22% | September 2026 |
Risks to Weigh in Stocks With Over 50 Per Cent Revenue Growth
Being careful with stocks with over 50 per cent revenue growth 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: MCX trades at a PE of 52.29 against an industry PE of 42.17, 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 Stocks With Over 50 Per Cent Revenue Growth
Picking from stocks with over 50 per cent revenue growth 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 (17.97 to 45.89) 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 BSE, Muthoot Finance, MCX and Waaree Energies live prices.
Conclusion
Among stocks with over 50 per cent revenue growth, BSE stands out for the fastest profit growth, 78.30% a year since FY22, Muthoot Finance for the lowest PE of the group at 9.06, MCX for the highest return on equity at 46.75% and Waaree Energies for 83.52% 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 stocks with over 50 per cent revenue growth 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 Stocks With Over 50 Per Cent Revenue Growth to Watch
Which are the best stocks with over 50 per cent revenue growth to watch for multibagger potential?
Ans. BSE, Muthoot Finance, MCX and Waaree Energies are the 4 names this list highlights, with market caps of Rs 1,39,823 crore, Rs 1,03,780 crore, Rs 80,621 crore and Rs 71,640 crore respectively. BSE is notable for the fastest profit growth, 78.30% a year since FY22. Muthoot Finance stands out for the lowest PE of the group at 9.06. MCX offers the highest return on equity at 46.75%. Waaree Energies brings 83.52% revenue growth in FY26. These are watchlist names for stocks with over 50 per cent revenue growth, not recommendations, so match each one to your own risk profile and time horizon.
Is MCX a good stock for long-term investors?
Ans. MCX has a return on equity of 46.75%, a PE of 52.29 against an industry PE of 42.17 and a market cap of Rs 80,621 crore. Net profit has compounded at 74.55% a year since FY22, and FY26 revenue rose 100.94% while June 2026 quarter net profit grew 103.47%. Long-term returns in stocks with over 50 per cent revenue growth depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can BSE become a multibagger from here?
Ans. BSE has already gained 2101.66% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks with over 50 per cent revenue growth requires earnings to keep growing faster than the market for several years. Net profit has compounded at 78.30% a year since FY22, and FY26 revenue rose 59.07%. At a PE of 49.55 against an industry PE of 42.42, valuation should be checked against that growth before investing.
What is the market cap of BSE, Muthoot Finance, MCX and Waaree Energies?
Ans. As of 20 October 2026, BSE has a market cap of Rs 1,39,823 crore, Muthoot Finance has a market cap of Rs 1,03,780 crore, MCX has a market cap of Rs 80,621 crore and Waaree Energies has a market cap of Rs 71,640 crore. BSE is the largest of the group. 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 stocks with over 50 per cent revenue growth.
What are the risks of investing in stocks with over 50 per cent revenue growth?
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. MCX trades at a PE of 52.29 against an industry PE of 42.17, so earnings growth needs to hold up.
Why is MCX trading at a PE of 52.29?
Ans. MCX's PE of 52.29 compares with an industry PE of 42.17. The market is paying a premium for a return on equity of 46.75%, profit growth of 74.55% a year since FY22 and latest-quarter profit growth of 103.47%, which also means the stock is more sensitive if growth slows. Investors in stocks with over 50 per cent revenue growth who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in BSE, Muthoot Finance, MCX and Waaree Energies?
Ans. As of the latest reported quarter, FII and DII together hold 45.47% of BSE (21.32% and 24.15%), 22.37% of Muthoot Finance (11.61% and 10.76%), 80.65% of MCX (29.84% and 50.81%) and 12.66% of Waaree Energies (8.57% and 4.09%). Rising institutional holding is a useful signal in stocks with over 50 per cent revenue growth, though it should be read with earnings trends rather than on its own.
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