The three-year compound growth rate of a company’s net profits is known as the Net Profit Compound Annual Growth Rate or CAGR. It aids in figuring out whether businesses have consistently increased their profits over an extended period.
Here are 3 stocks with operating profit CAGR of up to 100%
Angel One Ltd
Angel One Ltd. is a diversified financial services company that specializes in institutional broking, stock, commodity, and currency broking, mutual fund distribution, depository services, and margin trading.
With a market capitalization of Rs 25,174.75 crores, Angel One Ltd, On Monday, the company shares were trading at Rs 2,999.00 apiece, an increase of 1.44 percent from the previous close price.
The stock gave a 98 percent return in six months and a 125 percent return in a year. If an investor invests Rs 1 lakh in the company would be worth Rs 2.25 Lakhs in a year.
The company’s consolidated operating profit numbers have showcased an increase from Rs183 crores during FY20-21 to Rs 1,294 crores in FY22-23. The company has a net profit CAGR for 3 years is 100 Percent.
BSE Ltd
Mumbai’s Dalal Street is home to the Indian stock exchange, the Bombay Stock Exchange (BSE Ltd). The Company provides market infrastructure for trading in debt instruments, mutual funds, equity, and currencies.
With a market capitalization of Rs 31,873 crores, Bse Ltd, On Monday, the company shares were trading at Rs 2,354 apiece, a decrease of 2.62 percent from the previous close price.
The stock gave a 336 percent return in six months and a 322 percent return in a year. If an investor invests Rs 1 lakh in the company would be worth Rs 4.22 Lakhs in a year.
The company’s consolidated operating profit numbers have showcased an increase from Rs127 crores during FY20-21 to Rs 352 crores in FY22-23. The company has a net profit CAGR for 3 years is 40.47 Percent.
IIFL Finance Ltd
A wide range of products are available from IIFL Finance Ltd, including capital market finance, developer and construction finance, microfinance, gold and home loans, and business loans.
With a market capitalization of Rs 23,771.57 crores, IIFL Finance Ltd, On Monday, the company shares were trading at Rs 623.40 apiece, a decrease of 1.02 percent from the previous close price.
The stock gave a 28.41 percent return in six months and a 28.96 percent return in a year.
The company’s consolidated operating profit numbers have showcased an increase from Rs 752 crores during FY20-21 to Rs 2,231 crores in FY22-23. The company has a net profit CAGR for 3 years is 43.69 Percent.
Written by:- Abhishek Singh
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