CAGR, or Compound Annual Growth Rate, is a crucial financial metric used to measure the annualized growth rate of an investment over a specified period. It provides a smooth representation of growth, factoring in compounding effects. Widely utilized in assessing business performance and investment returns, CAGR offers insights into long-term trends.
Here are the 3 stocks with net profit CAGR of up to 112 percent in 3 years:
Jaiprakash Power Ventures Ltd
Jaiprakash Power Ventures Limited generates thermal and hydroelectric power, grinds cement, and mines captive coal. The company owns and runs the Jaypee Vishnuprayag Hydroelectric Plant in Chamoli District, Uttarakhand, as well as the 1320 MW Jaypee Nigrie Super Thermal Power Plant in Nigrie District.
With a market capitalization of Rs 13,700.06 crore, on Tuesday, the shares closed at Rs 19.99 per share, increased around 5 percent as compared to the previous closing period.
The stock gave a multi-bagger return of 105.67 percent return in six months and a 241.03 percent return in a year. If an investor invests Rs 1 lakh in the company would be worth Rs 3.41 lakhs in a year.
The company’s consolidated net profit numbers have showcased an increase from Rs 107 crores during FY21-22 to Rs 1,022 crores in FY23-24. The company has a net profit CAGR for 3 years is 112 Percent.
KP Green Engineering Ltd
KP Green Engineering Ltd produces fabricated and hot-dip galvanized steel products. The varied variety of goods includes Lattice Tower Structures, Substation Structures, Solar Module Mounting Structures, Cable Trays, Earthing Strips, Beam Crash Barriers, and other infrastructure solutions. The firm works from a manufacturing site in Dabhasa, Vadodara, Gujarat.
With a market capitalization of Rs 2,550.00 crore, on Tuesday, the shares closed at Rs 510.00 per share, decreased around 4.39 percent as compared to the previous closing period.
The stock gave a return of 99.84 percent return in months and a multi-bagger return of 142.86 percent in 2 months. If an investor invests Rs 1 lakh in the company would be worth Rs 2.42 lakhs in two months.
The company’s consolidated net profit numbers have showcased an increase from Rs 4 crores during FY21-22 to Rs 35 crores in FY23-24. The company has a net profit CAGR for 3 years is 106 Percent.
Piccadily Agro Industries Ltd
Piccadily Agro Industries Limited is an India-based corporation that manufactures sugar and distillery goods. Sugar and distillery are two of the company’s business sectors. Products in the Sugar category include sugar, molasses, power, and bagasse.
With a market capitalization of Rs 6,294.79 crore, on Tuesday, the shares closed at Rs 667.25 per share, increased around 5 percent as compared to the previous closing period.
The stock gave a multi-bagger return of 188.54 percent return in six months and a 1,309.19 percent return in a year. If an investor invests Rs 1 lakh in the company would be worth Rs 14.09 lakhs in a year.
The company’s consolidated net profit numbers have showcased an increase from Rs 29 crores during FY21-22 to Rs 110 crores in FY23-24. The company has a net profit CAGR for 3 years is 56 Percent.
Written by:- Abhishek Singh
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