Top 10 Midcap Stocks that posted bumper Q4 Results in 2017

Top 10 Midcap Stocks that posted bumper Q4 Results in 2017Top 10 Midcap Stocks that posted bumper Q4 Results in 2017


SENSEX crossed 31K points on Friday. Midcap and smallcap stocks could not really much in this bullrun compared to SENSEX Stocks. Midcap stocks are one which can provide amazing returns to investors in short to medium term. However, they need to be picked up at right time when they are top performers in their revenues and profit growth. I have filtered top 10 midcap stocks that have provided bumper Q4 results in 2017. There are best midcap stocks that grown upto 71% in revenues in Mar-17 Qtr compared to previous year quarter. There are companies that declared amazing profits upto 4600% growth rate. Which are the top 10 best midcap stocks that posted good Q4 results in 2017?

Also Read: Top 10 High Return Investment Options in 2017

Top 10 Midcap Stocks that posted bumper Q4 Results in 2017


In the last 45 days, several midcap companies have declared their Mar-17
(Q4) financial results. While some of them are under performers, some of them provided amazing results. I have considered below parameters while filtering midcap stocks that gave good Q4 results.

  1. Picked-up stock that posted over 17% revenue growth in Mar-17 Qtr.
  2. Picked-up stock that posted over 18% profit growth in Mar-17 Qtr.

Top 10 Midcap Stocks that posted bumper Q4 Results in 2017


Top#1 – Suzlon Energy – CMP Rs 19.85


Established in 1995, today Suzlon Energy Ltd. is present in 19 countries across 6 continents. They are one of the leading renewable energy solutions providers in the world. They have installed around 15.5 GW of wind energy capacity globally. With a support network of over 8,000 employees of diverse nationalities, the house one of the largest in-house Research and Development (R&D) set-up with facilities in Germany, the Netherlands, Denmark and India.

  • Company posted revenue of Rs 4,999.3 Crores for Mar-17 Qtr Vs Rs 3,271.9 Crores for Mar-16 Qtr indicating revenue growth of 53% YoY.
  • Company posted Profits of Rs 579 Crores for Mar-17 Qtr Vs Rs 12.3 Crores for Mar-16 Qtr indicating growth of 4607% YoY.

My View: This is slow moving stock in terms of its share price. Since the company financials are improved now, one can invest in this stock based on declines.

Top#2 – Federal Bank – CMP Rs 112


The Federal Bank Limited is a major private sector commercial bank headquartered Kochi, Kerala. Federal Bank has 1252 branches spread across 24 states and 1516 ATMs across the country.

  • Company posted revenue of Rs 2,316 Crores for Mar-17 Qtr Vs Rs 2,026.5 Crores for Mar-16 Qtr indicating revenue growth of 14% YoY.
  • Company posted Profits of Rs 256.6 Crores for Mar-17 Qtr Vs Rs 10.3 Crores for Mar-16 Qtr indicating growth of 2391% YoY.

My View: This stock has managed to move from Rs 80 to Rs 112 (40% increase) in its share price and rewarded its investors. One can keep investing in such good stocks during every decline.

Top#3 – Motilal Oswal – CMP Rs 1,012


Motilal Oswal Financial Services Ltd is a diversified financial services firm offering a range of financial products and services such as Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Private Equity, Investment Banking, Commodity Broking and Home Finance.

  • Company posted revenue of Rs 516.9 Crores for Mar-17 Qtr Vs Rs 302.9 Crores for Mar-16 Qtr indicating revenue growth of 71% YoY.
  • Company posted Profits of Rs 90.2 Crores for Mar-17 Qtr Vs Rs 47.2 Crores for Mar-16 Qtr indicating growth of 91% YoY.
  • Profits are at 17% of revenues for Mar-17.

My View: I recommended this midcap stock at Rs 645 after it posted Q3 results 3 months back. It moved from Rs 645 to Rs 1,012 per share now, giving 57% returns in just 3 months. It is one of the best midcap stocks to invest in 2017. Continue to invest in such good stocks.

Top#4 – Gujarat Minderal Dev Corp – CMP Rs 135


Gujarat Mineral Development Corporation Limited is a major minerals and lignite mining company of India. It is State owned company owned by Government of Gujarat. GMDC was founded in 1963. Its corporate headquarters is at Ahmedabad.

  • Company posted revenue of Rs 543.9 Crores for Mar-17 Qtr Vs Rs 359.4 Crores for Mar-16 Qtr indicating revenue growth of 51% YoY.
  • Company posted Profits of Rs 90 Crores for Mar-17 Qtr Vs Rs 51 Crores for Mar-16 Qtr indicating growth of 76% YoY.

My view: Stock price moved from Rs 118 to Rs 135 in last 3 months indicating a rise of 15%. Stock price has not much moved. It posted 17% margins on its revenues in Mar-17 Qtr. One can wait and invest on declines.

Top#5 – IIFL Holdings – CMP Rs 495


IIFL Holdings Ltd, formerly known as India Infoline Limited, offers a gamut of services including financing, wealth and asset management, broking, financial product distribution, investment banking, institutional equities, realty and property advisory services through its various subsidiaries.

  • Company posted revenue of Rs 1400.9 Crores for Mar-17 Qtr Vs Rs 1108.8 Crores for Mar-16 Qtr indicating revenue growth of 26% YoY.
  • Company posted Profits of Rs 235.2 Crores for Mar-17 Qtr Vs Rs 136.5 Crores for Mar-16 Qtr indicating growth of 72% YoY.

My view: I recommended this stock after Q3 results declared 3 months back. Its stock price moved from Rs 373 to Rs 475 now indicating 27% rise in stock price. One of the good mid-cap stock to invest in 2017.

Top#6 – Kansai Nerolac – CMP Rs 405


Kansai Nerolac Paints Limited is the largest industrial paint and third largest decorative paint company of India based in Mumbai. It is a subsidiary of Kansai Paint of Japan.

  • Company posted revenue of Rs 1060 Crores for Mar-17 Qtr Vs Rs 891.1 Crores for Mar-16 Qtr indicating revenue growth of 19% YoY.
  • Company posted Profits of Rs 116.2 Crores for Mar-17 Qtr Vs Rs 80.4 Crores for Mar-16 Qtr indicating growth of 45% YoY.

My View: This stock was trading at Rs 353, 3 months back and now trading at Rs 405 indicating 15% stock price increase. Not much exciting. You can invest in such stocks on declines, but don’t be in hurry. 

Also Read: Best Large Cap Mutual Funds for 2017

Top#7 – Bajaj Finance – CMP Rs 1,315


Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian Non-Banking Financial Company. The company deals in Consumer Finance, SME and Commercial Lending, and Wealth Management.

  • Company posted revenue of Rs 2665 Crores for Mar-17 Qtr Vs Rs 1916.8 Crores for Mar-16 Qtr indicating revenue growth of 39% YoY.
  • Company posted Profits of Rs 449.2 Crores for Mar-17 Qtr Vs Rs 315 Crores for Mar-16 Qtr indicating growth of 43% YoY.

My view: I recommended this stock after Q3 results 3 months back. Stock price moved from Rs 1,080 to Rs 1,315 in the last 3 months indicating 22% returns. It is one of the good midcap stocks to buy in 2017 that has strong fundamentals and consistent performance.

Top#8 – FAG Bearings – CMP Rs 4,585


It is one of the leading Ball and roller bearing manufacturing company in India. Its parent company is based out of Germany.

  • Company posted revenue of Rs 497.5 Crores for Mar-17 Qtr Vs Rs 417.6 Crores for Mar-16 Qtr indicating revenue growth of 19% YoY.
  • Company posted Profits of Rs 57.5 Crores for Mar-17 Qtr Vs Rs 42.5 Crores for Mar-16 Qtr indicating growth of 35% YoY.

My view: Company share price has moved from Rs 4,130 to RS 4,585 in last 3 months indicating 11% price increase. One of the slow moving stock which can be invested during declines.

Top#9 – UPL Limited – CMP Rs 836

UPL is focused on emerging as a premier global provider of total crop solutions designed to secure the world's long-term food supply.

  • Company posted revenue of Rs 5391 Crores for Mar-17 Qtr Vs Rs 4339.7 Crores for Mar-16 Qtr indicating revenue growth of 24% YoY.
  • Company posted Profits of Rs 741.6 Crores for Mar-17 Qtr Vs Rs 552 Crores for Mar-16 Qtr indicating growth of 34% YoY.

My View: I have recommended this stock after Q3 results 3 months back. Its share price moved from Rs 709 to Rs 836 in last 3 months indicating 18% increase. One of the top midcap stocks to buy in 2017.

Also Read: Top 5 Best Performing Midcap Mutual Funds to invest in 2017

Top#10 – Edelweiss Financial – CMP Rs 178


The Edelweiss Group is one of India's leading diversified financial services company providing a broad range of financial products and services to a substantial and diversified client base that includes corporations, institutions and individuals. Edelweiss's products and services span multiple asset classes and consumer segments across domestic and global geographies.

  • Company posted revenue of Rs 1929.3 Crores for Mar-17 Qtr Vs Rs 1519.1 Crores for Mar-16 Qtr indicating revenue growth of 27% YoY.
  • Company posted Profits of Rs 143.8 Crores for Mar-17 Qtr Vs Rs 121.8 Crores for Mar-16 Qtr indicating growth of 18% YoY.

My View: I recommended this stock 3 months back post Dec Qtr results and its share price has moved from Rs 128 to Rs 178 (40% increase). One of the best midcap stocks to buy in 2017.

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Suresh

Top 10 Midcap Stocks that posted bumper Q4 Results in 2017

10 comments

  • Devjit Saha

    Wanted to consult with you regarding my portfolio…can I?

    • Devjit, you can provide your details without any contact no, i can provide the guidance.

      • Devjit Saha

        I have dhfl, DCB bank, Bajaj finance, IGL, nitin spinners, shree pushkar chemicals, Bodal chemicals, Sterlite technologies and Spicejet…So your views regarding them and what will der individual targets and time period for long term…

  • Indu

    I am invested in stocks for a long time. Before I was not having any knowledge about stocks I was investing on people advice without doing any homework. Now I am retired and have time to read the articles & watch tv cnbc & zee business reading newspapers. Please guide stocks to invest for long term & mid term.

  • debashis

    Hi Suresh , what is your advice on
    -Navin Fluorine
    -Havells
    -Exide
    ?
    Can I buy/accumulate more at this point ?

  • Sri

    Super. I should have invested when you recommended some of these stocks 3 months before. 🙂

  • Rajkumar

    Nice information 

    • Thank you Rajkumar. Are you investing in stocks now? If yes, which stocks you might be betting?

      • Rajkumar

        I invested in motilal from your last recommendation
        Also planning to invest edelweiss for ARC business
        Also holding l&t info, icici pru, hcg, dcb,equitats, va tech, talwalkar

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