7 Top Multibagger Stocks for 2027

The ongoing bearish market delivered a severe blow to the Indian stock market. The Indian economy is deeply affected and FIIs are withdrawing their money due to unfavourable tax reforms. However stock market runs in cycles, this shall too pass. In this article, we will explore the potential of multibagger stocks for 2027 in the post-Covid era, with a focus on stock prices and their growth potential.

Amidst the ongoing turbulence due to various factors, the Indian stock market experienced a sharp decline. Indices slumps by 15% within a few days. However, amidst the chaos, certain stocks in the Indian market demonstrated remarkable resilience. These select few managed to stand firm during the hit, largely due to their robust fundamentals and strong growth projections.

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In the forthcoming years, we anticipate certain stocks to outgrow and outperform the majority of their counterparts. With that in mind, we would like to highlight 7 potential multibagger stocks for the year 2027.

Multibagger stocks for 2027

#1 Deepak Nitrite

Deepak Nitrite has been a known compounder in the stock market, delivering a revenue CAGR of 23.26% over FY 19-24. The company is expected to achieve a topline growth of 29.2%, slightly lower than in the past but still impressive.

With its strong position in R&D, During Q3 FY25, Deepak Nitrite introduced four new products with confirmed orders in place. This move is part of the company’s strategy to enhance its product offerings and cater to diverse market needs. The company is enhancing its innovation capabilities with a new R&D center in Vadodara, which is expected to be completed by March 2025.

Having already benefited from the Covid outbreak, the company is expected to continue growing. The current P/E stands at 36.6, and the company ranks No. 3 in its sectoral group. If the ongoing capacity expansion plans are executed successfully, the company may likely take a pole position in its group by 2027.

Deepak Nitrite CMP – INR 1,853
Market Cap – INR 25,286 crores

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#2 Exide Industries

Exide Industries, a well-known name in the automotive industry, once had a monopoly in the OEM segment. Although the pandemic affected the company’s business, it is now recovering rapidly. The company also diversified into the life insurance business, which was a non-core area, but the business was later sold to HDFC in 2021.

Exide has a significant opportunity in automotive lithium-ion batteries, which could be a game changer for the company. The company is setting up a lithium-ion cell manufacturing plant in Bengaluru with an initial capacity of 6 GWh, expected to be operational by the end of FY25. The total project capacity is planned to be 12 GWh in phases. Moreover, its entry into the solar battery market diversifies its ventures, potentially leading to substantial value unlocking by 2027. The stock currently trades at a PE ratio of 37.3, with an attractive price-to-sales ratio (PS ratio) of 1.73.

Exide Industries CMP – INR 348
Market Cap – INR 29,575 crores

#3 SoftTech Engineers

Established in 1996, SoftTech Engineers is a software company specializing in architecture, construction, and engineering. The company caters to government and semi-governmental institutions through its products on e-governance and automation in architecture and engineering. SoftTech is involved in the design and automation of various projects, including Smart-city projects, National highways, Municipal corporations, Defence, Agri-irrigation, and Waterworks departments.

With its high top-line growth and consistent revenue and EBIDTA growth, SoftTech is expected to experience a higher growth rate in the coming years due to increased governmental spending. Being reliant on the government for revenues, SoftTech is an unlikely contender in this list of multibagger Indian stocks in 2027 but this government spending is also likely to propel the company’s growth.

SoftTech CMP – INR 380
Market Cap – INR 494 crores

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#4 Centum Electronics

Centum Electronics designs, manufactures, and exports electronic items, systems, modules, and submodules. The company caters to various industry segments, including Communication, Strategic electronics, the Medical industry, and others. With a strong export market and more than 75% of revenues coming from overseas locations. Presently, its market is spread across North America, Europe, and Asia. Centum has high growth prospects, making it a potential multibagger in the stock market.

As of 31 December 2024, Centum’s order book stood at approximately INR 1,674.9 crore against annual revenue of INR 1,084 crore.

Centum CMP – INR 1,201
Market Cap – INR 1,540 crores

#5 Vinati Organics

Vinati Organics is a specialty chemical company manufacturing products in monomers, polymers, aromatics, and other key chemicals. It leads in some key chemical products and has technical know-how through collaborations with IFP France, Saipem Italy, and NCL (National Chemical Laboratories) Pune which have enabled the company to lead in its field. To its credit, Vinati produces 99.97% pure chemical products.

The company follows a cost-plus model, allowing it to maintain margins by passing on raw material price increases to customers. Vinati’s superior return ratios, such as ROCE at 18.5%, reflect its success. Already among the multibaggers in the stock market, the company’s performance is expected to continue its upward trend.

Vinati Organics CMP – INR 1,533
Market Cap – INR 15,777 crores

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#6 Tiger Logistics (India)

Tiger Logistics, headquartered in Delhi, is a prominent player in the global logistics sector, offering a wide range of services including international freight forwarding, supply chain management, project logistics, defense logistics, and cold chain logistics. With a CAGR of -6.17% in revenue over the last 5 years, Tiger Logistics is one of India’s fastest-growing logistics companies which is a solid reason for including this in the list of multibagger Indian stocks in 2027.

Tiger Logistics CMP – INR 44.8
Market Cap – INR 474 crores

#7 Borosil Renewables

Borosil Renewables, a subsidiary of Borosil, manufactures specialized glass for solar panels. As the only company producing solar glass panels in India, it is well-positioned to benefit from the increasing focus on green energy. With a compounded growth rate of 12.4% in the last 5 years, the company is poised for higher demand and value unlocking in the share prices.

Borosil Renewables is a company that boasts high revenue growth and a strong return on capital employed (ROCE) while maintaining low levels of debt. The recent correction in its stock price has only bolstered its appeal as an investment opportunity. Additionally, the company’s strategic move to expand into the European market via the acquisition of Interfloat Group enhances its prospects for growth, allowing it to tap into developed markets.

Moreover, Borosil Renewables is actively exploring the manufacturing of energy through wind-solar hybrid power plants. This forward-looking initiative is expected to significantly contribute to the company’s business growth by the year 2027, further solidifying its position as a promising player in the renewable energy sector.

Borosil Renewables CMP – INR 513
Market Cap – INR 6,714 crores

In conclusion, this list of multibagger Indian stocks for 2027 comprises companies expected to experience substantial revenue growth, driven by industry megatrends. Investing in such stocks could hold promising prospects for investors seeking potential high returns.