Net Profit Indicates the amount of revenue a company takes home after paying out all expenses. It is used by investors, analysts, and management to assess a company’s financial health, efficiency, and performance.
These are the 3 Midcap stocks that have delivered Compounded Net Profit growth of upto 87 percent in 5 years
Jindal Stainless Limited
On November 24, 2023, the shares of Jindal Stainless Limited closed at Rs. 538.40, up 2.81 percent from its previous day’s close price of Rs. 523.70 and its market capitalization is Rs. 44,638 Crores. It has delivered a Compounded Net Profit growth of 87.2 percent from FY19 to FY23.
Its revenue from operations grew 9.06 percent from Rs. 32,732.65 Crores in FY22 to Rs. 35,697.03 Crores in FY23, accompanied by profits of Rs. 3,078.82 Crores and 2,114.5 Crores.
It has reported a return on equity (ROE) of 22.13 percent and a return on capital employed (ROCE) of 20.97 percent, it is making good returns on its equity and capital employed.
Jindal Stainless Limited is one of the largest manufacturers of Stainless Steel in India, providing a wide variety of products in Slabs, HR Coils, CR Coils, Plates etc.
Narayana Hrudayalaya Limited
In the same time frame as above, the shares of Narayana Hrudayalaya Limited closed at Rs. 1,238, down 0.06 percent from its previous day close price of Rs. 1,238.75 and its market capitalization is Rs. 25,430 Crores. It has delivered a Compounded Net Profit growth of 61.02 percent from FY19 to FY23.
Its revenue from operations grew 22.25 percent from Rs. 3,701.32 Crores in FY22 to Rs. 4,524.77 Crores in FY23, accompanied by increasing profits of Rs. 342.12 Crores to Rs. 606.57 Crores.
It has reported a return on equity (ROE) of 33.55 percent and a return on capital employed (ROCE) of 33.92 percent, it is making good returns on its equity and capital employed.
Narayana Hrudayalaya Limited is engaged in providing economical healthcare services. It has a network of multispecialty and super specialty hospitals spread across multiple locations.
Aditya Birla Capital Limited
In the day’s trade, On November 24, 2023 the shares of Aditya Birla Capital Limited closed at Rs. 167.75, down 1.90 percent from its previous day close price of Rs. 171 and its market capitalization is Rs. 43,865. It has delivered a Compounded Net Profit growth of 47.41 percent from FY19 to FY23.
Its revenue from operations grew 23.33 percent from Rs. 22,229.91 Crores in FY22 to Rs. 27,415.65 Crores in FY23, accompanied by increasing profits of Rs. 1,705.97 Crores to Rs. 4,795.77 Crores.
It has reported a return on equity (ROE) of 27.27 percent and a return on capital employed (ROCE) of 11.64 percent, it is making good returns on its equity and capital employed.
Aditya Birla Capital Limited, the holding company for the financial services businesses of the Aditya Birla Group, it is a universal financial solutions group catering to the diverse financial needs of its customers across their life stages by providing a wide range of products and services like Lending, Insurance, Asset management, stock and securities broking etc.
Written by: Bharath K.S
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