Best Large Cap Stocks Under Rs 100
Best Large Cap Stocks Under Rs 100: The most thrilling experience, understood globally, is getting more for less. More value, less expense. More quality, less price. And in terms of investments, more quantity, less price. Not to mention affordability, making it more appealing to more investors. What are investors’ options when they want to invest in established companies, without breaking the bank for each share?
If they prefer passive investing, they could opt for mutual funds, which give you units of the AMC, each holding a percentage of the different stocks across industries. If you’re an active investor, we’ve picked out the best large cap stocks under Rs 100. These are companies that fall into the large-cap category according to AMFII, which is upwards of ~ ₹48K crore.
Best Large Cap Stocks Under Rs 100
Not many companies fall under the category of large cap under Rs 100, as most large-cap companies have higher share prices. That didn’t stop us from finding a few gems in this category. Below you’ll find a table of the best large cap stocks under Rs 100:
Best Large Cap Stocks Under Rs 100 #1 – Indian Oil Corporation
About The Company
The Indian Oil Corporation Ltd is a Maharatna company, owned by the Government Of India. IOCL is a petroleum company, involved in the refining, production, distribution, and marketing of petroleum products, including petroleum and diesel. It is one of the few domestic companies in the Indian fuel sector and provides affordable fuel options to vehicle owners nationwide. IOCL is also the largest domestic refinery for petroleum products, having 11 refineries.
Financials Of IOCL
|CMP||₹ 82.8||Market Cap (Cr.)||₹ 1,16,853 Cr.|
|EPS||₹ 4.35||Stock P/E||15.8|
|ROCE||15.6 %||ROE||20.4 %|
|Face Value||₹ 10.0||Book Value||₹ 90.2|
|Promoter Holding||51.5 %||Price to Book Value||0.92|
|D/E Ratio||1.26||Dividend Yield||10.1 %|
|Net Profit Margin||4.36 %||Operating Profit Margin||3.35 %|
IOCL is a large-cap Maharatna Stock, sized at ₹1.16 lac crore. The company is one of the biggest revenue-generating arms of the Government Of India. They earned ₹5.89 lac crore in FY 22, and a net profit of ₹25,727 crores. The revenue and profit growth have been slow, owing to lower usage of fuel in FY 20 and FY 21 due to the global pandemic. The FY 18 figures show revenues of ₹4.21 lac crore and ₹22,626 crore in net profits.
The company’s operating profit margins have fallen from 10 to 8 percent in the past 5 years. IOCL has a moderately good ROE (20.4 percent) and ROCE (15.6 percent). Its D/E ratio of 1.26 is slightly high, but the revenue and cash flows of the company are decent to compensate for any debt.
The stock P/E of IOCL is 15.8, slightly higher than its industry P/E of 11.5. It has one of the highest dividend yields, at 10.1 percent. Promoters of IOCL, the Government of India, hold a majority stake of 51.1 percent in the oil company. In the past 5 years, IOCL shares have shed about 26.8 percent in price.
Best Large Cap Stocks Under Rs 100 #2 -Samvardhana Motherson International
About The Company
What was once a trading company in 1975, Samvardhana Motherson has grown to be a reputed name in the automobile ancillary industry. The company has multiple business divisions – Elastomers, Lighting & Electronics, Wiring, Polymer Products, Logistics, and Aerospace, to name a few. The three major business units of the company are wiring harnesses, vision systems and modules, and polymer products. They now have a global presence in over 41 countries through its 300 facilities.
Financials Of Samvardhana Motherson International
|CMP||₹ 75.5||Market Cap (Cr.)||₹ 51,155 Cr.|
|EPS||₹ 1.42||Stock P/E||50.1|
|ROCE||8.09 %||ROE||5.44 %|
|Face Value||₹ 1.00||Book Value||₹ 30.6|
|Promoter Holding||64.8 %||Price to Book Value||2.52|
|D/E Ratio||0.68||Dividend Yield||0.57 %|
|Net Profit Margin||1.92 %||Operating Profit Margin||7.14 %|
Samvardhana Motherson International is one the largest auto ancillary companies in the world. The company earned a record ₹63,536 crores in FY 22, and a net profit of ₹1,182 crores. The operating profit margin has reduced by 2 percent in the past 5 years, though revenues have ranged between ₹56-63K crores.
The company has a low ROE and ROCE of 5.4 and 8 percent respectively. The stock P/E (50.1) is twice that of its industry (24.7), indicating that the stock is overpriced compared to its industry performance.
Its D/E ratio is well within the acceptable range at 0.68, showing that the company’s debt position is not cause for concern. Promoters of Samavardhana Motherson, who own a 64.7 percent stake, have sold a 3.3 percent stake in the last quarter (Mar 2023). In the past 5 years, the company has given a negative return of (-49.8) percent.
Best Large Cap Stocks Under Rs 100 #3 -Union Bank
About The Company
Union Bank is a public sector bank owned and operated by the Government of India. It is also one of the oldest banks in India, registered in Mumbai in 1919. Recently two banks Andhra Bank and Corporation Bank were absorbed by Union Bank in 2020. The bank has over 8,700 branches and 10,900 ATMs. Besides this, the PSU Bank also has international branches in Dubai, Sydney, and Hong Kong.
Financials Of Union Bank
|CMP||₹ 77.3||Market Cap (Cr.)||₹ 52,839 Cr.|
|EPS||₹ 10.6||Stock P/E||7.23|
|ROCE||4.43 %||ROE||7.77 %|
|Face Value||₹ 10.0||Book Value||₹ 104|
|Promoter Holding||83.5 %||Price to Book Value||0.74|
|Net NPA||3.68 %||Gross NPA||11.11%|
Union Bank is one of the largest PSU banks in India. The bank made ₹68,230 crores in revenues in FY 22, and a net profit of ₹5,265 crores. But the company’s financing profit was in the negative at ₹4,213 crores and a major portion of its profits come from its other income sources (₹13,524) crores. The company’s revenues have grown from its FY 18 figures, and its losses over the years have also been reduced substantially.
The company has had a low ROE (7.7 percent) and ROCE (4.4 percent). The Government Of India holds a mighty 83.5 percent stake in Union Bank, a figure that has remained unchanged since 2021. In the past 5 years, Union Bank has given a slightly underwhelming return of (-12.9) percent.
Best Large Cap Stocks Under Rs 100 #4 -IDBI Bank
About The Company
Founded in 1964, IDBI Bank is a government-owned public-sector bank backed by LIC and the Government Of India. The bank started off as a financial institution for industrial development and operated as such until 2004. IDBI converted into a bank on October 1, 2004, while slowly merging its subsidiaries to form one entity. IDBI Bank has almost 1900 branches nationwide, with over 3,300 ATMs and a 55-year history in financial services.
Financials Of IDBI Bank
|CMP||₹ 53.6||Market Cap (Cr.)||₹ 57,590 Cr.|
|EPS||₹ 3.45||Stock P/E||15.5|
|ROCE||4.98 %||ROE||8.71 %|
|Face Value||₹ 10.0||Book Value||₹ 39.6|
|Promoter Holding||94.7 %||Price to Book Value||1.38|
|Net NPA||1.27 %||Gross NPA||19.14 %|
As of FY 23, IDBI Bank earned ₹20,592 crores in revenues and a net profit of ₹3,728 crores. The bank’s financing profit was ₹730 crores and a major contributor to its net profits is from other income sources (₹4,575 crores). In FY 19, IDBI Bank earned ₹22,102 crores in revenues and (-₹14,970 crores) in losses.
While the bank is earning revenues, the growth is quite slow, at just (-2.23 percent) in 5 years. Profits, on the other hand, have improved quite well. The P/E ratio of IDBI Bank is 15.5, slightly higher than its industry P/E of 12.6. Promoters of IDBI Bank – LIC and the Government Of India, are looking to sell their stake, which would effectively make IDBI a private banker. Should the sale go through, the future performance of IDBI Bank would be directly dependent on the new owners of the bank.
In the past 5 years, IDBI Bank has given a negative return of (-20.9) percent.
Complete List Of Large Cap Stocks Under Rs 100
|Sl No||Company||Industry||MCap(Cr)||Current Price (Rs)||PE Ratio TTM|
|1||Indian Oil Corporation Ltd.||Refineries||₹123,560.84||₹87.50||12.62|
|2||IDBI Bank Ltd.||Bank – Private||₹60,912.36||₹56.65||16.44|
|4||Punjab National Bank||Bank – Public||₹54,317.34||₹49.33||29.81|
|5||Samvardhana Motherson International Ltd.||Auto Ancillary||₹52,842.53||₹77.98||54.86|
We have reached the end of our article on the best large cap stocks under Rs 100. Using necessary filters and important metrics, we conducted a brief analysis of the companies mentioned in our list. We hope you found it educational and informative.
Till next time, Happy Investing!
By utilizing the stock screener, stock heatmap, portfolio backtesting, and stock compare tool on the Trade Brains portal, investors gain access to comprehensive tools that enable them to identify the best stocks and make well-informed investment decisions.
Start Your Stock Market Journey Today!
Want to learn Stock Market trading and Investing? Make sure to check out exclusive Stock Market courses by FinGrad, the learning initiative by Trade Brains. You can enroll in FREE courses and webinars available on FinGrad today and get ahead in your trading career. Join now!!