Strong earnings growth has not always translated into higher share prices.
Several companies reported profit growth of more than 100% in FY26, yet their stocks continue to trade significantly below their 52-week highs. The gap between earnings momentum and stock performance has left some counters trading at discounts of up to 39%.
Here are five such stocks.
Inox Green Energy Services
Inox Green Energy Services Ltd provides operations and maintenance services for wind power projects across India.
The company had a market capitalization of Rs 6,819 crore.
Its shares were trading at Rs 170, about 39.2% below the 52-week high of Rs 279.
Profit growth
Net profit jumped to Rs 103 crore in FY26 from Rs 22 crore in FY25.
That translates into growth of 368%.
Business profile
The company benefits from:
- Growing renewable energy capacity
- Rising demand for wind asset management
- Support from the broader Inox ecosystem
V-Mart Retail
V-Mart Retail Ltd operates a value retail chain catering mainly to consumers in Tier-2 and Tier-3 cities.
The company had a market capitalization of Rs 5,195 crore.
Its stock was trading at Rs 652, down 32.2% from the 52-week high of Rs 962.
Profit growth
FY26 net profit rose to Rs 124 crore, compared with Rs 46 crore in FY25.
Profit increased by 170%.
Business profile
Growth drivers include:
- Expansion of store network
- Demand from semi-urban markets
- Focus on affordable fashion and lifestyle products
Kalpataru
Kalpataru Ltd develops residential, commercial and infrastructure projects, with a strong presence in Mumbai and nearby markets.
The company had a market capitalization of Rs 6,466 crore.
Shares closed at Rs 313, which is 31.8% below the 52-week high of Rs 458.
Profit growth
Net profit climbed to Rs 80 crore in FY26 from Rs 25 crore a year earlier.
That represents growth of 220%.
Business profile
The company is supported by:
- Housing demand in key cities
- Premium project launches
- Infrastructure development activity
Ramco Cements
The Ramco Cements Ltd is one of the major cement producers in South and East India.
The company had a market capitalization of Rs 20,191 crore.
Its shares closed at Rs 852, nearly 29.8% below the 52-week high of Rs 1,214.
Profit growth
Net profit increased to Rs 699 crore in FY26 from Rs 270 crore in FY25.
Profit growth stood at 158.8%.
Business profile
Key growth factors include:
- Infrastructure spending
- Housing demand
- Expansion in construction activity
Prestige Estates Projects
Prestige Estates Projects Ltd has operations across residential, commercial, retail and hospitality segments.
The Bengaluru-based developer had a market capitalization of Rs 57,149 crore.
Its shares closed at Rs 1,326, around 27% below the 52-week high of Rs 1,814.
Profit growth
FY26 net profit rose to Rs 1,305 crore, compared with Rs 617 crore in FY25.
That marks growth of 111.5%.
Business profile
The company benefits from:
- Strong residential demand
- Premium project execution
- Commercial leasing activity
- A large development pipeline
Key takeaway
All five companies have reported profit growth of more than 100% in FY26.
Despite that, their shares remain well below their 52-week highs. Inox Green Energy Services trades at the deepest discount, while Prestige Estates Projects has the smallest gap among the five.
Stocks at a glance
| Company | FY26 Profit Growth | Discount From 52-Week High |
|---|---|---|
| Inox Green Energy Services | 368% | 39.2% |
| Kalpataru | 220% | 31.8% |
| V-Mart Retail | 170% | 32.2% |
| Ramco Cements | 158.8% | 29.8% |
| Prestige Estates Projects | 111.5% | 27% |
TL;DR
Inox Green Energy, V-Mart Retail, Kalpataru, Ramco Cements and Prestige Estates reported profit growth of over 100% in FY26, but their stocks are still trading 27% to 39.2% below their 52-week highs.
AI Summary
- Five companies delivered profit growth exceeding 100% in FY26.
- Inox Green Energy reported the highest profit growth at 368%.
- V-Mart Retail and Kalpataru posted growth of 170% and 220%, respectively.
- Ramco Cements and Prestige Estates also recorded triple-digit profit growth.
- All five stocks remain below their 52-week highs.
