Midcap companies are generally companies with market cap of more than 5000 crores but less than 20000 crores with respect to Indian share market. We have selected best midcap stocks for you that can make you next millionaire. These companies are like middle class people of our country who have bigger aspirations and passion to become big and come into the category of Large cap companies (market cap of more than 20000 crores). These companies are perfect for a person to invest because these companies have seen ups and down of a economy from time to time.
1. IDFC FIRST BANK
This bank was started in October 2015 by Mr. V. vaidyanathan. He is an highly experienced guy in banking and finnace who understands the debt and mortgage market of India very well. His vision of starting this bank to provide loans to the small and medium businesses(micro finance). These loans are of very low ticket size ranging from 5000 rupees to 1 lakh rupees. Banks charge a very good amount interest rates in these small loans (about 24% average) which gives a huge boost to profit of bank but on the other side they face a risk of loan default as these loans are unsecured loans.
- Market Cap 42,667 Cr.
- Current Price 64.4
- High / Low65.8 / 29.0
- Stock P/E17.2
- Book Value33.9
- Dividend Yield0.00 %
- ROCE7.47 %
- ROE11.8 %
- Face Value10.0
- Profit Var 5Yrs23.0 %
- Debt 1,58,502 Cr.
- Return on equity11.8 %
- CMP / FCF7.08
- EPS3.75
- Intrinsic Value78.6
- Price to book value1.90
- Debt to equity7.52
- Net worth 21,483 Cr.
- ROE 5Yr-1.83 %
- Earnings yield7.24 %
- Free Cash Flow 5Yrs 45,714 Cr.
- Free Cash Flow 10Yrs₹ Cr.
- ROCE 3Yr6.15 %
- Sales Var 10Yrs%
- Sales growth 5Years20.1 %
- Price to Earning17.2
2. IEX (INDIAN ENERGY EXCHANGE)
- Market Cap₹ 14,298 Cr.
- Current Price₹ 160
- High / Low₹ 207 / 126
- Stock P/E49.2
- Book Value₹ 8.37
- Dividend Yield1.25 %
- ROCE62.1 %
- ROE47.6 %
- Face Value₹ 1.00
- Profit Var 5Yrs24.2 %
- Debt₹ 15.6 Cr.
- Return on equity47.6 %
- CMP / FCF36.1
- EPS₹ 3.23
- Intrinsic Value₹ 70.6
- Price to book value19.2
- Debt to equity0.02
- Net worth₹ 752 Cr.
- ROE 5Yr45.8 %
- Earnings yield2.72 %
- Free Cash Flow 5Yrs₹ 1,333 Cr.
- Free Cash Flow 10Yrs₹ 1,860 Cr.
- ROCE 3Yr59.4 %
- Sales Var 10Yrs21.6 %
- Sales growth 5Years16.5 %
- Price to Earning49.2
3. KPIT TECHNOLOGIES LIMITED
KPIT is a global technology company with software solutions that will help mobility leapfrog towards autonomous, clean, smart and connected future. With 10000+ Automobelievers across the globe, specializing in embedded software, AI & Digital solutions, KPIT enables customers accelerate implementation of next generation mobility technologies . With development centers in Europe, USA, Japan, China, Thailand and India.
- Market Cap₹ 24,125 Cr.
- Current Price₹ 881
- High / Low₹ 950 / 440
- Stock P/E63.0
- Book Value₹ 60.2
- Dividend Yield0.35 %
- ROCE30.6 %
- ROE25.9 %
- Face Value₹ 10.0
- Profit Var 5Yrs327 %
- Debt₹ 287 Cr.
- Return on equity25.9 %
- CMP / FCF55.3
- EPS₹ 13.9
- Intrinsic Value₹ 261
- Price to book value14.6
- Debt to equity0.17
- Net worth₹ 1,652 Cr.
- ROE 5Yr19.2 %
- Earnings yield2.23 %
- Free Cash Flow 5Yrs₹ 1,756 Cr.
- Free Cash Flow 10Yrs₹ Cr.
- ROCE 3Yr23.6 %
- Sales Var 10Yrs%
- Sales growth 5Years%
- Price to Earning63.0
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