2 Multibagger Stocks That Turned ₹1 Lakh Into ₹36.76 Lakhs in Just 5 Years

Synopsis: Two companies reported strong long-term multibagger returns along with robust operational and financial performance, driven by growth across power, engineering, and clean energy sectors, supported by improving earnings, strong order books, and expanding demand visibility.

These two companies have delivered exceptional long-term returns, reflecting strong wealth creation over the past several years. Their growth journey has been supported by improving business fundamentals, expanding operational scale, and rising demand across core industry verticals.

At the same time, both businesses are operating in structurally favourable sectors such as power equipment and renewable energy. Continued focus on execution, innovation, and order visibility has helped them strengthen their positioning in both domestic and international markets.

TD Power Systems Ltd 

TD Power Systems Ltd is an Indian engineering company that manufactures AC generators and electric motors used in power plants and industrial applications. It supplies equipment for steam, hydro, gas, wind, and diesel-based power generation, along with services like design, maintenance, and refurbishment. 

The company has a strong export presence and benefits from demand in the renewable energy and infrastructure sectors, and it has shown steady growth in revenues and profits in recent years.

With a market capitalisation of Rs. 20,228 cr, the shares of TD Power Systems Ltd closed at Rs. 1294.80 per share, down from its previous close of Rs. 1,302.50 per share. The stock has delivered strong returns across multiple timeframes, rising 3359% over the last five years, 168% in the past one year, 92% year-to-date, 70% over the last six months, and 22% in the last one month.

On May 22, 2026, the shares of TD Power Systems Ltd traded at Rs. 1294.80, showing a gain of around 3359 percent compared to the price of Rs. 37.46 on May 22, 2021. For example, if someone had invested Rs. 1 lakh in the company’s stock 5 years ago, it would have turned into around Rs. 34.59 lakh.

It reported strong financial performance in Mar 2026, with sales rising 69% from Rs. 348 crore to Rs. 589 crore, indicating robust demand growth. EBITDA increased 49% from Rs. 65.5 crore to Rs. 97.9 crore, while net profit grew 36% from Rs. 53 crore to Rs. 72.2 crore, reflecting steady margin expansion. EPS also rose 36%, from Rs. 3.39 to Rs. 4.62. 

As of Q4FY26, the order Book stands at Rs. 1,972.9 cr. The company’s Steam Turbine Generator (STG) segment secured multiple large-volume domestic and export orders across industries such as steel, cement, and sugar, along with projects in Africa and Asia. It received repeat orders from Indian and European OEMs for projects in the USA, Asia, and the Middle East, including the 60 Hz market. A niche order from a Japanese customer for a 10 MW class generator further strengthened its position in high-quality export markets, while a replacement order in the US retrofit segment opened a new growth avenue.

In the Hydro Generator, Gas Engine Generator, and Gas Turbine Generator segments, the company secured orders from European and domestic OEMs across India, Southeast Asia, Africa, Latin America, Nepal, Vietnam, and Indonesia. Demand remained strong due to US data center applications and industrial power projects, leading to better operational efficiency and capacity utilisation. The company also secured significant orders from a major USA-based Gas Turbine OEM, strengthening its role in high-volume, export-driven programs across the USA, the Middle East, and Latin America.

The gas turbine and gas engine generator business continues to be the primary growth driver, with management describing momentum as “massive” and consistently strong. Order sizes are increasing, and visibility remains healthy beyond FY27 into FY28, supported by OEM capacity expansions. Execution timelines are tightly monitored, with even minor delays being closely scrutinized, reflecting strong demand discipline. The segment primarily caters to sub-50 MW projects and has also seen exposure to notable global applications, including deliveries linked to high-end projects such as SpaceX.

The steam turbine segment remains stable and in line with expectations, delivering steady growth of around 10–12% in captive power, biomass, and waste heat recovery applications. It contributes roughly 25% of total revenue and is gradually shifting toward the 30–60 MW range, indicating moderate scaling rather than aggressive expansion.

The hydro segment is expected to see a strong FY27, with management indicating it could be one of the best years for the business. The company is well-positioned in both new projects and refurbishment opportunities across India and international markets, which is likely to support high-value order inflows in the near term. This positions hydro as a key growth contributor in the upcoming cycle.

The motors and railway segments are relatively more stable, with motors undergoing operational restructuring through manufacturing line separation to improve focus and execution. Railways, meanwhile, continue to see steady deliveries across geographies such as the US, Europe, Russia, and India, without any major new demand catalysts. The Turkey facility primarily serves the local market and acts as a support hub for Europe, but remains limited in scale and strategic contribution.

Servotech Renewable Power System Ltd 

Servotech Renewable Power System Ltd is a clean energy and EV infrastructure company focused on solar energy solutions, EV chargers, LED lighting, and related power electronics. 

It also offers products like solar inverters, batteries, and UV disinfection systems, with a growing focus on India’s renewable energy transition and EV charging network expansion. The company is positioning itself strongly in the green energy space, including solar EPC and EV charging infrastructure development.

With a market capitalisation of Rs. 2,092 cr, the shares of Servotech Renewable Power System Ltd closed at Rs. 92.65 per share, down from its previous close of Rs. 94.16 per share. The stock has delivered mixed performance across different time periods, gaining 3576% over the last five years, while declining 25.5% over the past year. It is up 18% year-to-date, but down 2% over the last six months, and has recovered with a 12% gain in the last month. 

On May 22, 2026, the shares of Servotech Renewable Power System Ltd traded at Rs. 92.65, showing a gain of around 3576 percent compared to the price of Rs. 2.52 on Sept 3, 2021. For example, if someone had invested Rs. 1 lakh in the company’s stock 5 years ago, it would have turned into around Rs. 36.76 lakh.

It reported strong growth in Mar 2026, with sales rising 67% from Rs. 126 crore to Rs. 210 crore, reflecting robust demand momentum. EBITDA also increased 66% from Rs. 13 crore to Rs. 21.6 crore, while net profit grew 49% from Rs. 7.85 crore to Rs. 11.7 crore, indicating steady improvement in profitability. EPS likewise rose 49%, from Rs. 0.35 to Rs. 0.52. 

The company’s revenue mix is currently led by solar products (~51%), followed by AC and small chargers (~27%) and DC fast chargers (~15%). Energy storage (~1%) and power (~1%) remain at an early stage, while services such as INC and AMC contribute around 4% and are expected to grow significantly in the coming years.

Within the EV charging segment, the focus is shifting toward high-power DC chargers (120–360 kW and above), driven by demand from electric buses and trucks. Management believes the future belongs to high-power chargers, highlighting strong value potential compared to smaller units. The roadmap also includes development of ultra-high-capacity systems, including up to 1 MW chargers designed for multi-bus simultaneous charging.

In the battery and BESS segment, dispatches have begun and are gradually gaining traction, though the market is still at an early stage in India. The company differentiates itself through BMS software, thermal engineering, and system integration, with approvals and certifications in progress. 

It also operates in the e-rickshaw battery space under the “Sultan” brand, working with OEMs for adoption, and is increasingly using AI tools across operations such as sales, customer acquisition, and decision-making.

Entering FY27, the company enters with its strongest-ever operational run-rate, supported by newly commissioned capacities, a healthy order pipeline, and sustained demand visibility across solar, EV charging, and BESS segments. 

The focus for the year will be on strengthening operations, normalising working capital, and maintaining disciplined capital allocation. The company also expressed gratitude to its customers, partners, employees, and shareholders for their continued support as it advances its journey in contributing to India’s clean energy transition.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post 2 Multibagger Stocks That Turned ₹1 Lakh Into ₹36.76 Lakhs in Just 5 Years appeared first on Trade Brains.