
4 Top Stocks With PE Between 60 and 100 to Watch for Future Multibagger Potential: Titan, Divi's Labs, Apar Industries and Radico Khaitan
Titan Rs 4,424.20. Divi's Labs Rs 9,087. Apar Industries Rs 15,737. Radico Khaitan Rs 4,435.50. Market caps from Rs 61,233 crore to Rs 3.95 lakh crore. Data as of 20 Oct 2026.
Updated: 21 Oct 2026 • 12:04 pm
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Titan, Divi's Labs, Apar Industries and Radico Khaitan are the 4 picks in this stocks with PE between 60 and 100 watchlist, with market caps between Rs 61,233 crore and Rs 3.95 lakh crore. Titan stands out for the highest return on equity at 32.31%, while Divi's Labs offers a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.00. PE ratios run from 63.54 to 87.03, so compare each one with its industry PE before investing. All figures are as of 20 October 2026.
Stocks with PE between 60 and 100 to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Titan, Divi's Labs, Apar Industries and Radico Khaitan meet that test, with market caps from Rs 61,233 crore to Rs 3.95 lakh crore and Titan offering the highest return on equity at 32.31%. Each of these companies trades at a PE ratio between 60 and 100, and net profit grew in FY26 and in the latest quarter.
This list covers companies with a PE ratio between 60 and 100, 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 PE between 60 and 100 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 PE Between 60 and 100 and Why Do They Attract Multibagger Interest?
Stocks with PE between 60 and 100 are shares where investors pay a high price today for expected growth over many years. The four here cover jewellery, pharmaceutical ingredients, premium spirits and cables.
A premium multiple is usually reserved for brands and businesses with a clear growth runway. Investors who follow stocks with PE between 60 and 100 check whether earnings keep growing fast enough to justify it. For stocks with PE between 60 and 100, checking each result against the latest quarter matters more than any single ratio. The next sections explain what stands out in each of stocks with PE between 60 and 100, using FY26 and latest quarter data. Prices move daily, so recheck the figures for stocks with PE between 60 and 100 before you decide.
Stocks With PE Between 60 and 100 at a Glance: Price, Market Cap, PE and ROE
Prices are closing prices as of 20 October 2026. Apar Industries has the lowest PE of the group at 63.54, while Titan posts the highest return on equity at 32.31%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Debt to Equity | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Titan Company | 4,424.20 | 3,94,621 | 68.51 | 46.75 | 32.31% | 0.93 | 3,506.50 to 5,186.70 |
| Divi's Laboratories | 9,087 | 2,39,982 | 82.05 | 36.42 | 15.32% | 0.00 | 5,647.50 to 9,740.00 |
| Apar Industries | 15,737 | 75,075 | 63.54 | 46.39 | 18.11% | 0.18 | 6,801.00 to 19,265.00 |
| Radico Khaitan | 4,435.50 | 61,233 | 87.03 | 54.95 | 18.23% | 0.15 | 2,500.00 to 4,747.00 |
Titan: 23.26% Profit CAGR Since FY22
Titan Company runs the jewellery (Tanishq), watches (Titan), eyewear and fragrances businesses. It reported FY26 revenue of Rs 88,136 crore, up 44.62% year on year, and net profit of Rs 5,073 crore, up 52.02%. Net profit has compounded at 23.26% a year since FY22, while revenue has grown 32.00% a year. Operating margin was 10.06% in FY26.
In the June 2026 quarter, revenue rose 29.31% to Rs 21,502 crore and net profit grew 62.88% to Rs 1,777 crore. The share price has gained 72.39% over five years and 22.47% over the past year. Domestic institutions raised their holding from 12.78% in June 2025 to 15.34% in June 2026. The stock trades at a PE of 68.51 against an industry PE of 46.75, with a return on equity of 32.31%.
Divi's Labs: Debt-to-Equity of 0.00
Divi's Laboratories makes active pharmaceutical ingredients and intermediates and runs a large custom synthesis business for global drug companies. It reported FY26 revenue of Rs 11,067 crore, up 13.95% year on year, and net profit of Rs 2,568 crore, up 17.21%. Revenue has compounded at 5.09% a year since FY22. Operating margin was 36.70% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.
The stock trades at a PE of 82.05 against an industry PE of 36.42, with a return on equity of 15.32%. In the June 2026 quarter, revenue rose 24.32% to Rs 3,144 crore and net profit grew 65.50% to Rs 902 crore. The share price has gained 71.04% over five years and 38.43% over the past year. Foreign investors raised their holding from 19.39% in September 2025 to 20.38% in September 2026.
Apar Industries: 39.67% Profit CAGR Since FY22
Apar Industries makes conductors, specialty cables and transformer oils, and earns a large share of revenue from exports. It reported FY26 revenue of Rs 22,966.89 crore, up 22.95% year on year, and net profit of Rs 976.93 crore, up 18.95%. Net profit has compounded at 39.67% a year since FY22, while revenue has grown 25.19% a year. Operating margin was 8.49% in FY26. The debt-to-equity ratio is 0.18.
In the June 2026 quarter, revenue rose 29.16% to Rs 6,624.71 crore and net profit grew 77.80% to Rs 467.45 crore. The share price has gained 2287.98% over five years and 102.57% over the past year. Domestic institutions raised their holding from 22.64% in September 2025 to 24.88% in August 2026. The stock trades at a PE of 63.54 against an industry PE of 46.39, with a return on equity of 18.11%.
Radico Khaitan: 24.88% Profit CAGR Since FY22
Radico Khaitan makes Indian-made foreign liquor and premium spirits, with brands including Magic Moments, 8PM and Rampur Single Malt. It reported FY26 revenue of Rs 6,062.27 crore, up 24.84% year on year, and net profit of Rs 604.48 crore, up 74.90%. Net profit has compounded at 24.88% a year since FY22, while revenue has grown 20.50% a year. Operating margin was 4.88% in FY26. The debt-to-equity ratio is 0.15, which keeps interest costs low.
The stock trades at a PE of 87.03 against an industry PE of 54.95, with a return on equity of 18.23%. In the June 2026 quarter, revenue rose 10.44% to Rs 5,869.46 crore and net profit grew 75.91% to Rs 229.60 crore. The share price has gained 299.58% over five years and 51.47% over the past year. Domestic institutions raised their holding from 25.47% in September 2025 to 27.17% in September 2026.
Stocks With PE Between 60 and 100: Financial Comparison on Growth and Margins
The table compares scale and growth across these stocks with PE between 60 and 100. 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) |
|---|---|---|---|---|---|---|
| Titan | 88,136 | 5,073 | 44.62% | 32.00% | 29.31% | 14.61% |
| Divi's Labs | 11,067 | 2,568 | 13.95% | 5.09% | 24.32% | 42.82% |
| Apar Industries | 22,966.89 | 976.93 | 22.95% | 25.19% | 29.16% | 12.05% |
| Radico Khaitan | 6,062.27 | 604.48 | 24.84% | 20.50% | 10.44% | 6.10% |
Check the Univest Screener for live data on these stocks with PE between 60 and 100
Institutional Holding in Titan, Divi's Labs, Apar Industries and Radico Khaitan
Institutional holding shows who is backing these stocks with PE between 60 and 100 alongside the promoter. The table uses the latest reported quarter for each. Radico Khaitan has the deepest institutional backing, with FII and DII together holding 46.60% as of September 2026. Domestic institutions increased their holding over the past year in Titan (from 12.78% to 15.34%), Apar Industries (from 22.64% to 24.88%) and Radico Khaitan (from 25.47% to 27.17%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Titan | 52.90% | 15.38% | 15.34% | 16.38% | June 2026 |
| Divi's Labs | 51.88% | 20.38% | 19.17% | 8.58% | September 2026 |
| Apar Industries | 55.42% | 11.36% | 24.88% | 8.34% | August 2026 |
| Radico Khaitan | 40.17% | 19.43% | 27.17% | 13.23% | September 2026 |
Risks to Weigh in Stocks With PE Between 60 and 100
Being careful with stocks with PE between 60 and 100 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: Divi's Labs trades at a PE of 82.05 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 Stocks With PE Between 60 and 100
Picking from stocks with PE between 60 and 100 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 (36.42 to 54.95) 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 Titan, Divi's Labs, Apar Industries and Radico Khaitan live prices.
Conclusion
Among stocks with PE between 60 and 100, Titan stands out for the highest return on equity at 32.31%, Divi's Labs for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.00, Apar Industries for the fastest profit growth, 39.67% a year since FY22 and Radico Khaitan for 24.84% 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 PE between 60 and 100 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 PE Between 60 and 100 to Watch
Which are the best stocks with PE between 60 and 100 to watch for multibagger potential?
Ans. Titan, Divi's Labs, Apar Industries and Radico Khaitan are the 4 names this list highlights, with market caps of Rs 3,94,621 crore, Rs 2,39,982 crore, Rs 75,075 crore and Rs 61,233 crore respectively. Titan is notable for the highest return on equity at 32.31%. Divi's Labs stands out for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.00. Apar Industries offers the fastest profit growth, 39.67% a year since FY22. Radico Khaitan brings 24.84% revenue growth in FY26. These are watchlist names for stocks with PE between 60 and 100, not recommendations, so match each one to your own risk profile and time horizon.
Is Titan a good stock for long-term investors?
Ans. Titan has a return on equity of 32.31%, a PE of 68.51 against an industry PE of 46.75 and a market cap of Rs 3,94,621 crore. Net profit has compounded at 23.26% a year since FY22, and FY26 revenue rose 44.62% while June 2026 quarter net profit grew 62.88%. Long-term returns in stocks with PE between 60 and 100 depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Apar Industries become a multibagger from here?
Ans. Apar Industries has already gained 2287.98% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in stocks with PE between 60 and 100 requires earnings to keep growing faster than the market for several years. Net profit has compounded at 39.67% a year since FY22, and FY26 revenue rose 22.95%. At a PE of 63.54 against an industry PE of 46.39, valuation should be checked against that growth before investing.
What is the market cap of Titan, Divi's Labs, Apar Industries and Radico Khaitan?
Ans. As of 20 October 2026, Titan has a market cap of Rs 3,94,621 crore, Divi's Labs has a market cap of Rs 2,39,982 crore, Apar Industries has a market cap of Rs 75,075 crore and Radico Khaitan has a market cap of Rs 61,233 crore. Titan 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 PE between 60 and 100.
What are the risks of investing in stocks with PE between 60 and 100?
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. Divi's Labs trades at a PE of 82.05 against an industry PE of 36.42, so earnings growth needs to hold up.
Why is Divi's Labs trading at a PE of 82.05?
Ans. Divi's Labs' PE of 82.05 compares with an industry PE of 36.42. The market is paying a premium for a return on equity of 15.32% and latest-quarter profit growth of 65.50%, which also means the stock is more sensitive if growth slows. Investors in stocks with PE between 60 and 100 who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Titan, Divi's Labs, Apar Industries and Radico Khaitan?
Ans. As of the latest reported quarter, FII and DII together hold 30.72% of Titan (15.38% and 15.34%), 39.55% of Divi's Labs (20.38% and 19.17%), 36.24% of Apar Industries (11.36% and 24.88%) and 46.60% of Radico Khaitan (19.43% and 27.17%). Rising institutional holding is a useful signal in stocks with PE between 60 and 100, though it should be read with earnings trends rather than on its own.
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