Financial metrics are crucial for every company, providing insights into its financial health and performance. Ratios are valuable tools that help assess various aspects of a company’s operations. Among these ratios, the compound annual growth rate (CAGR) stands out as one of the most important.
CAGR calculates an investment’s average annual growth rate over a given time frame. It helps investors and analysts compare investments of different sizes and durations. CAGR accounts for compound growth, providing a more accurate picture of long-term performance. This metric is widely used in finance to evaluate stocks, mutual funds, and overall business growth. It simplifies complex financial data into a single, easy-to-understand percentage.
In this article, we identify some of the company’s revenue and net profit, which have grown at a CAGR of more than 40% over the past periods. Although including the overview and future outlooks of the company. Such as Angel One, Jupiter Wagons, KPI Green Energy, Anant Raj, Netweb Technologies India, and Exicom Tele-Systems Limited.
List of Stocks With CAGR of More Than 40%
Angel One
Angel One was established on August 8, 1996, over 28 years ago. Dinesh D. Thakkar founded it. The company is a retail broking house based in India. Before, it was called Angel Broking Limited. The company is a member of various stock exchanges, such as NSE, BSE, MCX, and NCDEX. Angel One offers technology-driven financial services to its clients. Services include broking, advisory, margin funding, and loans against shares.
Angel One is the second rank in incremental NSE active clients. It is 6.7 million in Q1 FY25, which is growing at 42.7% YOY. Angel One has a total client base of 24.7 million in Q1 FY25. The company’s total number of orders executed will be 1409 million in FY24. Angel One has a share in India’s Demart accounts of 15.2% and a share of the NSE active client base of 15.2% in FY24.
Financial Analysis: The company’s revenue has increased from ₹3001.59 crore in FY23 to ₹4271.68 crore in FY24, which has grown by 29.73%. The net profit of the company has zoomed from ₹890.19 crore to ₹1225.59 crore in FY24. The company’s revenue mostly comes from gross broking (65%), interest (21%), depository (4%), distribution (1%), ancillary transaction charges (8%), and others (1%) in Q1 FY25. Angel One Limited’s revenue and net profit have grown at a CAGR of 50.07% and 57.35%, respectively, over the last three years.
Future Outlooks: Angel One Limited plans to diversify its product offerings, including lending, fixed income, and asset management. They invest heavily in technology and infrastructure to enhance system performance and reliability. A strong emphasis on youth engagement through digital marketing and partnerships like the IPL sponsorship aims to broaden their client base, particularly in Tier 2 and Tier 3 cities.
Expansion of their wealth management division, combined with data science-driven strategies, is expected to drive innovation and client retention. With a commitment to brand building and regulatory compliance, Angel One is well-positioned for sustained growth in the evolving fintech landscape.
Key Financial Metrics
| Particulars | Amount | Particulars | Amount |
|---|---|---|---|
| CMP | ₹2,544.55 | Market Cap (Cr.) | ₹23,072 |
| EPS (TTM) | ₹132.86 | Stock P/E (TTM) | 19.27 |
| ROE (TTM) | 37.04% | ROCE (TTM) | 29.37% |
| ROA (TTM) | 9.04% | P/B Ratio | 7.64 |
| Debt to Equity (TTM) | 0.84 | Current Ratio (TTM) | 1.47 |
| Promoters Holding | 35.63% | FII Holding (%) | 15.36% |
| Operating Profit Margin | 38.61% | Net Profit Margin | 26.34% |
Jupiter Wagons
Jupiter Wagons was established on July 28, 1979, over 45 years ago. The company’s main office is in Kolkata, West Bengal, India. Jupiter Wagons Limited is an Indian private manufacturer of railway wagons, wagon components, and casting intended to provide mobility solutions. The company has 12 world-class manufacturing facilities. It has reported more than 3000 employees and more than 60 client bases.
The company offers a wide range of products, including rail transportation equipment, fabricated bogies, and railway castings such as high-speed bogies, couplers, and draft gear. Additionally, the company manufactures railway turnouts for both Indian Railways and global markets, providing clients with modern customized freight cars.
Financial Analysis: Jupiter Wagons Limited’s revenue has massively increased from ₹2068.25 crore in FY23 to ₹3641.25 crore in FY24, which has grown by 76.05%. The net profit of the company has grown by 165.43%, from ₹125.38 crore in FY23 to ₹332.8 crore in FY24. The company’s revenue has diversified into railway wagons (85.51%), CMS crossings (0.37%), commercial vehicle load bodies and components (11.28%), containers (1.17%), and others (1.67%). Jupiter Wagons Limited’s revenue and net profit have grown at a CAGR of 54.05% and 83.38%, respectively, over the last four years.
Future Outlooks: Jupiter Wagons is poised for substantial growth, expanding foundry capacity by adding 1,000 tons, and aiming to produce 1,000 wagons annually. The company is setting up a forging line to manufacture 1 lakh wheelsets yearly by 2027, serving domestic and export markets.
Collaborating with Log9 Materials, its electric mobility arm has completed trials of 11.2-kW LFP battery packs for rail coaches. The company’s electric LCV “JEM TEZ” targets 500 units in the first year, while the container business sees strong demand, prompting capacity enhancements. Supported by an ₹800 crore capital raise, Jupiter Wagons is executing ambitious expansion plans, solidifying its position as a leading sustainable mobility innovator.
Key Financial Metrics
| Particulars | Amount | Particulars | Amount |
|---|---|---|---|
| CMP | ₹547.14 | Market Cap (Cr.) | ₹23,578 |
| EPS (TTM) | ₹8.44 | Stock P/E (TTM) | 65.81 |
| ROE (TTM) | 20.52% | ROCE (TTM) | 24.72% |
| ROA (TTM) | 12.82% | P/B Ratio | 14.27 |
| Debt to Equity (TTM) | 0.21 | Current Ratio (TTM) | 2.26 |
| Promoters Holding | 70.12% | FII Holding (%) | 4.14% |
| Operating Profit Margin | 13.32% | Net Profit Margin | 9.15% |
KPI Green Energy
KPI Green Energy was established in 2008 by Faruk G. Patel. The company headquarters are in Surat, India. It is part of KP Group. KPI Green Energy is operating under the brand of Solarism to establish, own, and operate hybrid renewable energy projects to generate and sell power to consumers.
The company has diversified into its business segments, such as independent power producers (IPP) and captive power producers (CPP). KPI Green Energy’s total installed capacity of more than 473 MW till Q1 FY25. The company is a leading power producer in India, operating and offering solutions in both IPP and CPP. The company has a cumulative order of more than 2327 MW, which includes more than 1067 MW in CPP orders and more than 1260 MW IPP orders as of August 7, 2024.
Financial Analysis: KPI Green Energy revenue has increased by 59.01%, which is from ₹644 crore in FY23 to ₹1024 crore in FY24. The net profit also grew by 47.27%, from ₹110 crore in FY23 to ₹162 crore in FY24. The revenue of KPI Green comes from 13% of IPP and 87% of CPP. KPI Green Energy Limited’s revenue and net profit have grown at a CAGR of 115.72% and 94.55%, respectively, over the last three years.
Future Outlooks: KPI Green Energy will loom towards aiming to target 10 GW by 2030. The company has received 13.30 MW of green energy projects and will complete in 2024–25. KPI Green Energy intends to implement a hybrid model that combines solar and wind energy. The company is planning to set up 1000 MW of solar power by 2025 to meet the growing demand for renewable energy in India.
Key Financial Metrics
| Particulars | Amount | Particulars | Amount |
|---|---|---|---|
| CMP | ₹888.20 | Market Cap (Cr.) | ₹11,632 |
| EPS (TTM) | ₹10.95 | Stock P/E (TTM) | 80.94 |
| ROE (TTM) | 13.86% | ROCE (TTM) | 12.57% |
| ROA (TTM) | 6.79% | P/B Ratio | 13.87 |
| Debt to Equity (TTM) | 1.31 | Current Ratio (TTM) | 3.53 |
| Promoters Holding | 53.09% | FII Holding (%) | 6.06% |
| Operating Profit Margin | 29.63% | Net Profit Margin | 15.78% |
Netweb Technologies India
Netweb Technologies India is a leading high-end computing solutions (HCS) provider in India, offering fully integrated design and manufacturing capabilities. The company’s offerings comprise HPC, private cloud (HCI), AI systems and enterprise workstations, high-performance storage (HPS), and data center servers. The company has over 300 HPC installations, over 4000 GPU-based systems deployed, and over 50 private cloud and HCI installations.
Financial Analysis: Netweb Technologies India Limited’s revenue has grown by 62.73%, from ₹444.97 crore in FY23 to ₹724.08 crore in FY24. The net profit of the company has increased by 61.70%, from ₹46.94 crore in FY23 to ₹75.9 crore in FY24. The revenue mainly comes from HPC (39%), private cloud and HCI (30%), AI systems and enterprise workstations (15%), data center servers (3%), HCS (3%), and others (10%). The company’s revenue and net profit have grown at a CAGR of 71.71% and 111.79%, respectively, over the last three years.
Future Outlooks: Netweb Technologies India Limited plans to leverage its newly inaugurated manufacturing facility to produce advanced computing systems using cutting-edge chips from technology partners like NVIDIA, Intel, and AMD. With a strategic focus on high-performance computing (HPC), private cloud, and AI systems, the company is expanding its operations in the Middle East and Europe to capitalize on the growing demand.
They have earmarked INR 97 crores from IPO proceeds for working capital and CAPEX, indicating robust growth plans. The company’s order book of INR 4,197 million as of June 30, 2024, underscores its strong market position and expansion strategy.
Key Financial Metrics
| Particulars | Amount | Particulars | Amount |
|---|---|---|---|
| CMP | ₹2,751.05 | Market Cap (Cr.) | ₹15,707 |
| EPS (TTM) | ₹15.30 | Stock P/E (TTM) | 182.13 |
| ROE (TTM) | 17.95% | ROCE (TTM) | 24.97% |
| ROA (TTM) | 14.08% | P/B Ratio | 36.69 |
| Debt to Equity (TTM) | 0.02 | Current Ratio (TTM) | 3.17 |
| Promoters Holding | 75.04% | FII Holding (%) | 10.23% |
| Operating Profit Margin | 14.93% | Net Profit Margin | 10.48% |
Anant Raj
Anant Raj was founded in 1969 by Shri Ashok Sarin. The company is a prominent real estate developer in Delhi, NCR. The company has diversified its portfolio, focusing on residential, commercial, and hospitality projects. Their flagship development, Anant Raj Estate, features luxury villas and flats in prime locations. The firm is also expanding into data centers, responding to the increasing demand for digital storage.
Financial Analysis: Anant Raj Limited’s revenue has zoomed by 62.70%, from ₹445 crore in FY23 to ₹724 crore in FY24. The net profit of the company has grown by 61.70%, from ₹47 crore in FY23 to ₹76 crore in FY24. Anant Raj Limited’s revenue and net profit have grown at a CAGR of 81.02% and 211.11%, respectively, over the last three years.
Future Outlooks: Anant Raj Limited’s expansion plans include acquiring an additional 25 acres in Gurugram and developing a 307 MW data center, expected to generate INR 3,300 crores in rental income upon completion. With nearly 100 acres of fully paid land in Delhi, NCR, Anant Raj aims to diversify into residential, warehousing, and hospitality projects.
Partnerships with RailTel Corporation and TCIL will enhance its cloud and colocation services. The completion of ongoing projects at Ashok Tower in 2027 will strengthen its market position. By December 2024, Anant Raj will achieve a zero-net debt status, bolstering its financial stability.
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Key Financial Metrics
| Particulars | Amount | Particulars | Amount |
|---|---|---|---|
| CMP | ₹604.40 | Market Cap (Cr.) | ₹20,286 |
| EPS (TTM) | ₹8.81 | Stock P/E (TTM) | 67.35 |
| ROE (TTM) | 7.14% | ROCE (TTM) | 7.88% |
| ROA (TTM) | 6.28% | P/B Ratio | 5.66 |
| Debt to Equity (TTM) | 0.17 | Current Ratio (TTM) | 8.98 |
| Promoters Holding | 60.00% | FII Holding (%) | 13.11% |
| Operating Profit Margin | 23.81% | Net Profit Margin | 17.83% |
Exicom Tele-Systems
Exicom Tele-Systems was founded in 1994 and is based in Gurgaon. The company specializes in electric vehicle (EV) charging solutions and critical power systems. The company has a significant presence in over 15 countries and commands a 60% market share in the domestic EV charger market, alongside a 25% share in public charging stations. It has successfully established more than 61,000 EV charging stations across 400 locations in India.
Financial Analysis: Exicom Tele-Systems Limited’s net revenue increased from ₹516 crore in FY23 to ₹866 crore in FY24, which has grown by 67.82%. The net profit of the company has increased by 725%, from ₹8 crore in FY23 to ₹58 crore in FY24. The company has generated its revenue from critical power (76.13%) and EVSE (23.87%) The company’s revenue has grown at a CAGR of 40.99% over the last three years and net profit has grown 154.58% over the last two years.
Future Outlooks: Exicom Tele-Systems Limited is constructing a new manufacturing plant in Hyderabad, set to begin production by April 2025, with an expected revenue potential of 7-8x the asset value. Exicom is also pursuing international expansion through newly opened subsidiaries, with Board approval for up to INR470 crores in investments.
The company aims to diversify geographically, exploring both organic and inorganic opportunities in Europe, the Middle East, and beyond. Exicom is investing heavily in R&D over the next two years to maintain its competitive edge. In the EV charging segment, the company is launching new products, piloting D2C initiatives, and partnering with software companies to provide comprehensive charging solutions.
Key Financial Metrics
| Particulars | Amount | Particulars | Amount |
|---|---|---|---|
| CMP | ₹378.50 | Market Cap (Cr.) | ₹4,436 |
| EPS (TTM) | ₹6.86 | Stock P/E (TTM) | 53.52 |
| ROE (TTM) | 10.50% | ROCE (TTM) | 16.69% |
| ROA (TTM) | 8.99% | P/B Ratio | 6.34 |
| Debt to Equity (TTM) | 0.07 | Current Ratio (TTM) | 3.34 |
| Promoters Holding | 69.57% | FII Holding (%) | 1.00% |
| Operating Profit Margin | 13.02% | Net Profit Margin | 6.09% |
Conclusion
In conclusion, companies like Angel One, Jupiter Wagons, KPI Green Energy, Netweb Technologies, Anant Raj, and Exicom Tele-Systems have shown remarkable growth. Their revenues and profits have increased at CAGRs exceeding 40% over recent years. These firms operate in diverse sectors, including fintech, railway equipment, renewable energy, high-performance computing, real estate, and EV charging.
They all have ambitious expansion plans and are investing in new technologies. Their strong market positions and innovative strategies suggest continued growth potential. What do you think about these companies? Let us know in the comments
Written By Nikhil Naik
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