21 Percent Quarterly Profit Growth Stocks to Buy in November 2026: 5 Names on the Watchlist

The 21 percent quarterly profit growth stocks to buy in November 2026 start with five listed names: Affle 3i, Eicher Motors, Jindal Steel and Power, Schaeffler India and South Indian Bank. These five companies each grew net profit by about 21% to 22% in the latest reported quarter compared with a year earlier. Eicher Motors is part of the Nifty 50 and Nifty Auto indices and Jindal Steel and Power is part of the Nifty Metal index.

This article ranks none of them as a sure thing. It lays out the numbers each company has reported, how the shares are priced today and what an investor should check before adding any of these 21 percent quarterly profit growth stocks to buy to a portfolio. All prices are NSE closing prices of 12 November 2026, and financials come from company filings.

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Which Are the Best 21 Percent Quarterly Profit Growth Stocks to Buy in November 2026?

The best 21 percent quarterly profit growth stocks to buy in November 2026 for a watchlist are Affle 3i, Eicher Motors, Jindal Steel and Power, Schaeffler India and South Indian Bank. They were picked because each has complete reported financials, profit in the latest quarter and an NSE listing. The table puts their market data side by side.

Company	CMP (Rs)	Market Cap	P/E	ROE	Dividend Yield
Affle 3i	1,605	Rs 20,293 crore	42.48	12.45%	0.00%
Eicher Motors	7,549	Rs 2,00,126 crore	34.67	21.97%	1.12%
Jindal Steel and Power	1,163	Rs 1,08,231 crore	38.06	6.16%	0.19%
Schaeffler India	3,549	Rs 56,806 crore	43.26	20.39%	0.96%
South Indian Bank	61.32	Rs 14,811 crore	9.35	13.13%	0.80%

On valuation, South Indian Bank trades below the industry P/E; Schaeffler India sits close to it; Affle 3i, Eicher Motors and Jindal Steel and Power carry a premium. Valuation is the first filter for any 21 percent quarterly profit growth stocks to buy list, and it is covered again in the risk section.

Why These 21 Percent Quarterly Profit Growth Stocks to Buy Are in Focus

In this list, FY26 net profit and revenue both grew for every company, and quarterly profit in the latest reported quarter was higher than a year earlier for all five. The list covers a mobile advertising technology company, the maker of Royal Enfield motorcycles, a steel producer, an auto and industrial bearings maker and a private sector bank. Investors comparing the best stocks with 21 percent quarterly profit growth in India usually check whether growth is steady, how the shares are valued and how much debt the company carries.

Affle 3i: The AI-Driven Ad Platform Among 21 Percent Quarterly Profit Growth Stocks to Buy

Affle 3i is a consumer-intelligence and mobile advertising platform that uses data and AI to drive app installs and engagement. At Rs 1,605, the stock has a market capitalisation of Rs 20,293 crore and trades at 42.48 times earnings, while the industry P/E is 17.58.

Reported numbers show FY26 revenue of Rs 2,788 crore, up 18.1% year on year, with net profit at Rs 455 crore, up 19.1%. The June 2026 quarter added revenue of Rs 772 crore (up 21.1%) and net profit of Rs 128 crore (up 21.7%).

Return on equity is 12.45%, debt-to-equity is 0.00, and the dividend yield is negligible. Promoters hold 55.42%, foreign institutions 14.36% and domestic institutions 18.88% as of October 2026. Domestic institutional holding has risen from 16.36% to 18.88% over the last year.

Eicher Motors: The Premium Motorcycle Name Among 21 Percent Quarterly Profit Growth Stocks to Buy

Eicher Motors is the owner of Royal Enfield motorcycles and a commercial-vehicle joint venture with Volvo. Its market capitalisation is Rs 2,00,126 crore, the share price is Rs 7,549 and the P/E of 34.67 compares with an industry P/E of 23.63.

Over FY26, net profit rose 16.5% to Rs 5,515 crore on revenue of Rs 24,894 crore, which was up 23.4%. The latest quarter, the June 2026 quarter, brought revenue of Rs 7,099 crore, up 29.4% year on year, and net profit of Rs 1,463 crore, up 21.3%.

Return on equity is 21.97%, debt-to-equity is 0.02, and the dividend yield is 1.12%. Promoters hold 49.02%, foreign institutions 24.02% and domestic institutions 17.60% as of September 2026. Domestic institutional holding has risen from 14.72% to 17.60% over the last year.

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Jindal Steel and Power: The Eastern India Steelmaker Among 21 Percent Quarterly Profit Growth Stocks to Buy

Jindal Steel and Power is a steel and power company with large plants in eastern India. The stock trades at Rs 1,163 with a market capitalisation of Rs 1,08,231 crore and a P/E of 38.06, against an industry P/E of 19.82.

FY26 revenue rose 6.9% to Rs 53,783 crore and net profit rose 18.1% to Rs 3,361 crore. In the September 2026 quarter, revenue grew 44.0% year on year to Rs 19,448 crore, while net profit grew 21.3% to Rs 771 crore.

Return on equity is 6.16%, debt-to-equity is 0.43, and the dividend yield is 0.19%. Promoters hold 62.69%, foreign institutions 8.75% and domestic institutions 17.82% as of September 2026. A point to keep in view: return on equity is a modest 6.16%.

Schaeffler India: The Global-Backed Bearing Name Among 21 Percent Quarterly Profit Growth Stocks to Buy

Schaeffler India is a supplier of bearings, clutch and engine parts to automotive and industrial customers, part of the German Schaeffler group. At Rs 3,549, the stock has a market capitalisation of Rs 56,806 crore and trades at 43.26 times earnings, while the industry P/E is 42.17.

Reported numbers show CY2025 revenue of Rs 9,834 crore, up 17.8% year on year, with net profit at Rs 1,150 crore, up 22.5%. The September 2026 quarter added revenue of Rs 3,122 crore (up 26.8%) and net profit of Rs 349 crore (up 20.7%).

Return on equity is 20.39%, debt-to-equity is 0.01, and the dividend yield is 0.96%. Promoters hold 74.13%, foreign institutions 4.29% and domestic institutions 16.13% as of September 2026.

South Indian Bank: The Kerala-Based Private Bank Among 21 Percent Quarterly Profit Growth Stocks to Buy

South Indian Bank is a Kerala-based private bank with a growing retail franchise. Its market capitalisation is Rs 14,811 crore, the share price is Rs 61.32 and the P/E of 9.35 compares with an industry P/E of 11.45.

Over FY26, net profit rose 11.7% to Rs 1,456 crore on revenue of Rs 11,855 crore, which was up 5.6%. The latest quarter, the September 2026 quarter, brought revenue of Rs 3,264 crore, up 11.7% year on year, and net profit of Rs 426 crore, up 21.3%.

Return on equity is 13.13%, and the dividend yield is 0.80%. The company has no identified promoter, with foreign institutions holding 25.57% and domestic institutions 16.78% as of September 2026. Domestic institutional holding has risen from 11.92% to 16.78% over the last year.

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Growth Snapshot: Latest Full Year and Latest Quarter

The table compares year-on-year growth in revenue and net profit for all five 21 percent quarterly profit growth stocks, using filed results.

Company	Full-Year Revenue Growth	Full-Year Profit Growth	Latest Quarter	Quarter Revenue Growth	Quarter Profit Growth
Affle 3i	18.1%	19.1%	Jun 2026	21.1%	21.7%
Eicher Motors	23.4%	16.5%	Jun 2026	29.4%	21.3%
Jindal Steel and Power	6.9%	18.1%	Sep 2026	44.0%	21.3%
Schaeffler India	17.8%	22.5%	Sep 2026	26.8%	20.7%
South Indian Bank	5.6%	11.7%	Sep 2026	11.7%	21.3%

Factors That Move 21 Percent Quarterly Profit Growth Stocks to Buy

Four factors tend to drive 21 percent quarterly profit growth stocks, and each one is worth checking before a purchase.

• Quarterly growth: Profit rose about 21% to 22% year on year.
• Dividends: Eicher Motors yields about 1.1%.
• Return on equity: Eicher Motors leads at about 22%.
• Valuation: P/E runs from about 9 to 43.

Risks to Keep in Mind Before Buying 21 Percent Quarterly Profit Growth Stocks

The first risk is that Schaeffler India trades at a P/E near 43 and Affle 3i near 42, while South Indian Bank trades near 9, so expectations differ widely. The second is that steel earnings follow global prices, Jindal Steel and Power carries the highest borrowings of the four non-bank companies and bank earnings follow asset quality. Check results every quarter.

On the numbers, Schaeffler India trades at the highest P/E on this list at 43.26, so its earnings need to keep growing to support the price. 21 Percent Quarterly Profit Growth stocks to buy can still fall when markets turn weak, and a staggered entry has historically suited investors better than a lump-sum purchase.

How to Choose 21 Percent Quarterly Profit Growth Stocks to Buy

• Compare growth: Schaeffler India grew FY26 profit most, by more than 22%.
• Check P/E: South Indian Bank trades lowest.
• Read the yield: Eicher Motors pays the most.
• Spread sectors: Mix advertising technology, motorcycles, steel, auto parts and banking.

How to Invest in 21 Percent Quarterly Profit Growth Stocks

1. Shortlist two or three companies from this list that match your risk appetite.
2. Open the Univest Screener and compare P/E, ROE and debt for each stock.
3. Check the latest quarterly results and shareholding pattern on NSE or BSE.
4. Decide an amount you can hold for three to five years and split it into two or three purchases.
5. Review the holding after every quarterly result instead of reacting to daily price moves.

Conclusion

South Indian Bank offers the lowest P/E on this list at 9.35, Eicher Motors has the highest return on equity at 21.97%, and Schaeffler India posted the fastest net profit growth in its latest full year at 22.5%. Among the best 21 percent quarterly profit growth stocks in India, these five give investors a spread of size, valuation and growth, so the right pick depends on risk appetite and holding period. Spread the entry, keep position sizes sensible and consult a SEBI-registered advisor before investing in any of these 21 percent quarterly profit growth stocks to buy.

Frequently Asked Questions on 21 Percent Quarterly Profit Growth Stocks to Buy

Which are the best 21 percent quarterly profit growth stocks to buy in November 2026?

Ans. The five 21 percent quarterly profit growth stocks on the November 2026 watchlist are Affle 3i, Eicher Motors, Jindal Steel and Power, Schaeffler India and South Indian Bank. South Indian Bank has the lowest P/E at 9.35, Eicher Motors has the highest ROE at 21.97%, and Schaeffler India grew net profit 22.5% in its latest full year. This is educational content, not investment advice, so please consult a SEBI-registered advisor.

Is Eicher Motors a good stock to buy from this 21 Percent Quarterly Profit Growth list?

Ans. Eicher Motors is the largest company on this list with a market capitalisation of Rs 2,00,126 crore and a P/E of 34.67 against an industry P/E of 23.63. Its FY26 revenue rose 23.4% and net profit rose 16.5%, with return on equity at 21.97%. Whether it suits you depends on your risk appetite and holding period, so please consult a SEBI-registered advisor before investing.

Are these 21 percent quarterly profit growth stocks expensive right now?

Ans. Valuations vary across the group. Affle 3i trades at a P/E of 42.48, Eicher Motors trades at a P/E of 34.67, Jindal Steel and Power trades at a P/E of 38.06, Schaeffler India trades at a P/E of 43.26, South Indian Bank trades at a P/E of 9.35, against industry multiples ranging from 11.45 to 42.17. Higher multiples reflect faster growth but also leave less room for earnings misses, so entry price deserves attention.

Which of these 21 percent quarterly profit growth stocks pay a dividend?

Ans. Dividend yields on this list are Eicher Motors 1.12%, Jindal Steel and Power 0.19%, Schaeffler India 0.96%, South Indian Bank 0.80%. Yields are modest across the group, so most investors look at these stocks for growth in earnings rather than for income, and payouts can change with company profits.

Which stock on this list has the highest return on equity?

Ans. Eicher Motors has the highest ROE on this list at 21.97%, followed by Schaeffler India at 20.39% and South Indian Bank at 13.13%. A higher ROE shows a company earns more profit on shareholder capital, but it should be read alongside valuation and debt.

What are the risks of investing in 21 percent quarterly profit growth stocks?

Ans. The main risks are high valuations at three names, steel price swings and asset quality at the bank. On this list, Schaeffler India trades at the highest P/E of 43.26, which leaves less room for earnings disappointments. Staggered buying and a long holding period can help manage these risks.

How can I invest in 21 percent quarterly profit growth stocks in India?

Ans. You can buy these stocks directly on NSE or BSE through a demat account, and compare them first on the Univest Screener using P/E, ROE and debt. Many investors split the amount across two or three purchases and review the holding after each quarterly result. Sector-themed mutual funds and ETFs are another route for investors who prefer diversification.