Multibagger Stocks in India 2026
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Multibagger stocks are companies whose share price has grown 2x, 5x, or even 10x over the long term. Investors looking for the best multibagger stocks in 2026 usually focus on companies with growing revenue, rising profits, high ROE, low debt, and strong business models that can keep compounding over the next 3 to 5 years.
Use this screener to find and compare such stocks using live NSE and BSE data. Filter by 3-year return, 5-year return, sector, market cap, PE ratio, ROE, analyst rating, profit growth, and more - to shortlist stocks that match your research and risk appetite.
List of Best Multibagger Stocks in India
| Name | 3Y Return | Price | M Cap | Analyst Rating | Target Price | Alpha | 1Y Return | 5Y Return | PE | Industry PE | PB | Beta | Div Yld | Net Profit Qtr | Net Profit QoQ % | Net Profit YoY % | Net Profit 3Y Change % | Rev Qtr (in Cr) | Rev QoQ (in %) | Rev 1Y change % | Rev 3Y change % | Profit Mar Qtr | Profit Mar QoQ | Profit Mar 1Y Change% | Profit Mar 3Y Change% | Sector | M Cap | ROE | ROCE | EPS | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 119.44% | ₹1,949.00 | Large Cap | BUY | 2300 | 6.46% | 0.27% | 262.14% | 42.42 | -111.7 | 6.77 | 0.64 | 1.35% | 9247.4 Cr | 8.76% | 175.26% | 55383.2 | 2.6% | 21.96% | 51.62% | 16.03% | 6% | 81.55% | Communication Services | 1216183.94 | 10.72% | 12.52% | 55.51 | 6589708 | |||
| 147.44% | ₹1,819.40 | Large Cap | BUY | 1920 | 32.31% | 28.05% | 167.54% | 31.25 | 192.07 | 4.91 | 1.48 | 0.57% | 3308.3 Cr | 8.72% | 15.56% | 137.11% | 10737.56 | 10.64% | 27.11% | 85.77% | 33% | 27.64% | Real Estate | 419182.32 | 3.55% | 7.98% | 55.48 | 1436881 | |||
| 355.78% | ₹216.95 | Large Cap | BUY | 237.5 | 87.93% | 84.18% | 979.89% | 29.36 | 35.24 | 5.69 | 1.04 | NA | 4866.6 Cr | 13.93% | 1.74% | 20.92% | 18901.89 | 32.9% | 39.89% | 23.91% | 5.42% | Utilities | 418381.45 | 22.09% | 18.03% | 6.73 | 45613497 | ||||
| 105.28% | ₹3,175.30 | Large Cap | BUY | 4200 | 1.73% | 315.51% | 20.74 | 14.42 | 4.78 | 1.49 | 1.08% | 5259.91 Cr | 4.75% | 32.32% | 63.71% | 54891.55 | 6.42% | 24.76% | 63.67% | 9.37% | 6.06% | 0.02% | Consumer Cyclical | 394857.71 | 23.01% | 28.68% | 166.63 | 1784375 | |||
| 135.5% | ₹4,574.80 | Large Cap | BUY | 5350 | 0.39% | 729.47% | 33.56 | 61.06 | 8.02 | 1.01 | 0.96% | 4196.04 Cr | 124.79% | 9.75% | 64.65% | 13942.4 | 81.1% | 1.97% | 25.84% | 27% | 24.13% | 7.63% | 30.84% | Industrials | 305951.19 | 26.04% | 20.89% | 125.06 | 976586 | ||
| 125.25% | ₹10,998.50 | Large Cap | BUY | NA | 36.84% | 30.98% | 186.28% | 26.12 | 14.42 | 7.01 | 0.87 | 1.71% | 3188.75 Cr | 44.37% | 74.49% | 20870.23 | 21.99% | 23.36% | 72.55% | 16.81% | 17.03% | 1.12% | Consumer Cyclical | 302243 | 29.27% | 38.42% | 378.34 | 1448948 | |||
| 222.82% | ₹406.75 | Large Cap | BUY | 496.5 | 5.15% | 1.64% | 568.12% | 49.07 | 61.06 | 11.18 | 0.95 | 0.8% | 2214.19 Cr | 41.01% | 34.09% | 124.56% | 10224.43 | 42.92% | 17.27% | 54.66% | 22.24% | 14.34% | 45.19% | Consumer Cyclical | 297325.25 | 29.56% | 37.49% | 7.23 | 6665967 | ||
| 249.82% | ₹284.40 | Large Cap | BUY | 360 | 125.71% | 605.11 | -169.35 | 5.36 | 1.35 | NA | 92 Cr | 50.14% | 20211 | 16.88% | 67.1% | 382.85% | 2.6% | Technology | 274455.97 | 6.33% | 7.08% | 0.58 | 65944414 | ||||||||
| 194.72% | ₹1,058.80 | Large Cap | BUY | 1200 | 69.65% | 61.88% | 282.07% | 19.87 | 26.99 | 2.5 | 1.87 | 1.24% | 3014.72 Cr | 19.44% | 4.6% | 66.41% | 12532.35 | 2.75% | 9.54% | 57.86% | 20.78% | 16.24% | 5.41% | Financial Services | 249130.18 | 16.39% | 11.49% | 53.17 | 3460386 | ||
| 119.42% | ₹950.00 | Large Cap | HOLD | 1111 | 41.92% | 36.61% | 142.5% | 15.75 | 20.17 | 2.56 | 0.85 | 0.56% | 2597 Cr | 26.74% | 32.62% | 78133 | 17.46% | 15.28% | 23.18% | 4.87% | 7.91% | 7.66% | Basic Materials | 213486.52 | 13.72% | 16.66% | 60.32 | 4055709 | |||
| 130.72% | ₹7,632.00 | Large Cap | BUY | 8000 | 44.56% | 40.26% | 199.34% | 37.96 | 14.42 | 7.93 | 1.28 | 1.31% | 1519.95 Cr | 6.99% | 18.33% | 182.38% | 5960.93 | 14.12% | 83.25% | 25.09% | 7.69% | 3.69% | 54.1% | Consumer Cyclical | 209496.51 | 25.03% | 30.32% | 172.66 | 409800 | ||
| 123.01% | ₹1,724.40 | Large Cap | BUY | 1476 | 103.1% | 99.79% | 78.95% | 70.96 | 35.24 | 5.37 | 1.56 | NA | 1236.56 Cr | 71.11% | 159.6% | 86.85% | 9711.08 | 30.47% | 16.08% | 107.54% | 8.67% | 31.15% | 123.65% | Utilities | 207149.18 | 2.81% | 4.9% | 19.92 | 2410451 |
Which Multibagger Stocks are gaining or losing popularity on INDmoney?
Based on INDmoney investor activity: Search interest and investment volume.
Top 5 Multibagger Stocks by Search Interest
INDmoney Data - Jun 23, 2026 to Jul 23, 2026
Stock | Monthly Change |
|---|---|
 Schneider Electric President Systems Ltd | 2287.00% |
 Fermenta Biotech Ltd | 1300.00% |
 Gujarat Natural Resources Ltd | 930.00% |
 Mangalam Worldwide Ltd | 838.00% |
 IDream Film Infrastructure Company Ltd | 763.00% |
Top 5 Multibagger Stocks by Investment Activity
INDmoney Data - Jun 23, 2026 to Jul 23, 2026
Stock | Monthly Change |
|---|---|
 India Glycols Ltd | 1578.57% |
 Bharat Seats Ltd | 1035.90% |
 Indo Borax & Chemicals Ltd | 764.86% |
Gujarat Natural Resources Ltd | 741.46% |
 Kirloskar Oil Engines Ltd | 676.96% |
Top Gainers & Losers Multibagger Stocks (Monthly)
Based on 1 month return. Jun 23, 2026 to Jul 23, 2026
Top 5 Gainers (1M)
Stock | Monthly Change |
|---|---|
Schneider Electric President Systems Ltd | 126.63% |
 Tirupati Forge Ltd | 68.98% |
 Kalyan Jewellers India Ltd | 59.77% |
 D.P. Abhushan Ltd | 51.72% |
 Mrugesh Trading Ltd | 47.45% |
Top 5 Losers (1M)
Stock | Monthly Change |
|---|---|
Elitecon International Ltd | -40.60% |
 MTAR Technologies Ltd | -27.95% |
 TechNVision Ventures Ltd | -26.17% |
Belding India Ltd | -25.34% |
 Gallantt Ispat Ltd. | -23.77% |
What to Look for When Researching Multibagger Stocks
Investors researching multibagger stocks for 2026 and the next 5 years typically focus on these signals:
- Revenue growth - Company sales growing consistently year on year
- Profit margins - Net profit and operating margins expanding over time
- ROE and ROCE - Company generating strong returns on the capital it uses
- Low or manageable debt - Debt to equity ratio under control
- Sector tailwinds - Industry growing due to government policy, technology, or demand shifts
- Reasonable valuation - PE ratio compared to the industry average
- Analyst coverage - Number of analysts covering the stock and their consensus view
All these data points are available in the table above. Sort and filter by any of these metrics to build your own research shortlist.
Which Sectors Have Historically Produced Multibagger Stocks in India
Looking at historical data from Indian markets, certain sectors have produced strong multi-year returns over 3 to 5 year periods.
Defence - Companies in this sector have seen significant business growth backed by India's rising defence budget and domestic manufacturing push over the past several years.
Power - Rising electricity demand, renewable energy expansion, and infrastructure spending have driven earnings growth in this sector over the past 3 to 5 years.
Consumer and Auto - Growing domestic consumption and vehicle demand have supported revenue and profit growth in auto and consumer cyclical companies over the long term.
Financial Services - NBFCs and diversified finance companies have seen strong loan book growth as credit demand expands across India.
Basic Materials - Metals and mining companies have seen strong revenue cycles driven by commodity demand and global pricing.
These sectors are represented in this screener. Use the sector filter in the table above to view stocks from any specific sector.
How to Use This Multibagger Stocks Screener
This screener shows live NSE and BSE data. Here is how to get the most out of it:
- Sort by 3-year return to see which stocks have compounded the most over the medium term
- Check the analyst rating column to see the consensus view from analysts currently covering the stock
- Compare PE vs Industry PE to see if a stock is trading at a premium or discount to its own sector
- Filter by ROE to find companies generating strong returns on shareholder equity
- Check revenue and profit growth columns to see whether business fundamentals are improving alongside the stock price
- Click any stock to open the full details page with financials, analyst forecasts, and target prices
Multibagger Stocks vs High Return Stocks: What is the Difference
High return stocks deliver strong returns over a short period, sometimes driven by news, quarterly results, or market momentum.
Multibagger stocks are different. They deliver returns of 2x, 5x, or 10x over a longer period of 3 to 10 years, driven by actual business growth. Revenue grows, profits compound, and the stock price reflects this over time.
The key difference is that a multibagger's return history is backed by improving fundamentals over multiple years, not a single event or market cycle.
If you are looking for stocks with strong long term return history, you can also explore our High Return Stocks and Small Cap Stocks screens.
Frequently Asked Questions
Multibagger stocks are shares of companies that have delivered returns of 2x or more over the long term. A stock that doubles is called a two-bagger. A stock that grows 10 times is called a ten-bagger. These returns are typically generated over 3 to 10 years as the company grows its revenue, profits, and market share.
A stock delivering 100% or more over 3 years is generally considered to have multibagger characteristics. However, return alone is not enough. Strong revenue growth, healthy profit margins, and manageable debt alongside the return are what separate consistent compounders from one-time movers.
Defence, power and utilities, financial services, consumer discretionary, and basic materials have historically shown strong multi-year return cycles in Indian markets. Companies in these sectors with consistent fundamental improvement are frequently researched by long term investors.
Investors typically screen for companies with consistent revenue growth over 3 years, rising ROE, manageable debt, reasonable PE compared to their sector, and a scalable business model. This screener lets you filter NSE and BSE stocks by all these parameters to build your own shortlist.
Absolutely not. There is no guarantee of high returns. Investing in potential multibagger stocks is inherently very risky, and many such stocks may not perform as expected or could lead to substantial losses.
Small cap and mid cap stocks have historically shown higher multi-year return potential because they start from a smaller base. However, they also carry higher volatility and risk. Large cap stocks have also delivered multibagger returns over longer periods when backed by strong fundamentals.
A penny stock is simply a low-priced stock, often below Rs 10 or Rs 50. Being low-priced does not make it a multibagger. Multibagger stocks are defined by their return history and fundamental strength, not their share price. Many multibaggers in India have been mid and large cap companies. Explore best penny stocks.
Key ratios to look at include ROE, ROCE, 3-year revenue growth rate, net profit growth, debt to equity ratio, PE ratio compared to industry PE, and profit margin trend over multiple years. Improvement across most of these over time is a common starting point for multibagger research.
Yes. Stocks with high historical return potential also carry higher volatility. Prices can fall significantly during market downturns, sector slowdowns, or when company results disappoint. Past returns do not guarantee future performance. Always review current fundamentals and your own risk appetite before making any investment decision.
Multibagger stocks grow primarily through price appreciation over the long term. Dividend stocks return value through regular dividend payouts. Some stocks can offer both. You can explore Dividend Stocks separately on INDmoney.