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3 Indian Growth Stocks With Earnings Growth Over 27%

Simply Wall St·10/12/2026 11:30:02
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AI is starting to reshape how work gets done across Asia, and global bodies like the IMF now flag this shift as a slow moving tsunami for jobs and productivity. For Indian growth focused companies with solid balance sheets, that creates room to sell new tools, services or infrastructure that help customers keep up. This article walks through three stocks from a high quality growth screener that tap into this theme.

The three stocks below are just a starter pack, and the full screen surfaced 143 more India focused growth stories with similar financial profiles that are not covered here. To go straight to the full list, analyze the data, and identify your own highest conviction ideas, head into the Healthy high growth potential screener.

Shaily Engineering Plastics (BSE:501423)

Shaily Engineering Plastics builds high precision plastic components and drug delivery devices that fit directly into the Healthy high growth potential theme through its pharmaceutical and medical device CDMO work, while still keeping a foothold in more everyday consumer, automotive and furniture products.

Shaily Engineering Plastics generates about ₹10.2b from customised plastic and other material components, anchored in pharma devices and packaging, and carries a market cap of roughly ₹140.9b. This places it in the larger mid cap bracket for Indian growth focused stocks.

"Although the GLP-1 opportunity is expanding rapidly worldwide and Shaily has onboarded a large roster of generic players across multiple countries, delays in regulatory approvals or slower than expected generic capture from innovators could cap utilization of its expanded pen capacity and temper healthcare revenue growth."

That single pressure point could end up mattering far more for future earnings power than most headline forecasts currently imply.

That single pressure point could end up mattering far more for future earnings power than most headline forecasts currently imply.

If that risk is only the starting point for Shaily Engineering Plastics, the full narrative for Shaily Engineering Plastics shows how pen utilization, client mix and capital spend could still accelerate.

BSE:501423 Earnings & Revenue Growth as at Oct 2026
BSE:501423 Earnings & Revenue Growth as at Oct 2026

Timex Group India (BSE:500414)

Timex Group India is a branded watch maker and distributor whose growth story lines up neatly with the Healthy high growth potential theme, as all its ₹8,486 million in revenue comes from manufacturing, trading and servicing watches, and the stock carries a market cap of about ₹73.2b.

Timex Group India ties into this growth screen through a branded watch portfolio and distribution network that underpin forecast earnings expansion of about 31.8% a year, backed by Q1 FY2026 profit of ₹250.2 million and rising EPS. One unresolved pressure on future watch demand and pricing could decide how long that pace holds.

That unresolved demand question is exactly what the analysis report for Timex Group India unpacks, so you can see where Timex Group India’s growth story could accelerate or stall.

BSE:500414 Earnings & Revenue Growth as at Oct 2026
BSE:500414 Earnings & Revenue Growth as at Oct 2026

Cemindia Projects (BSE:509496)

Cemindia Projects leans into the Healthy high growth potential theme through complex marine and coastal civil works, while still running a broader construction contracting business that delivered about ₹102.1b from construction activities and carries a market cap near ₹193.5b.

For this screen, Cemindia Projects matters because it pairs specialist coastal and transport infrastructure work with analyst expectations of strong earnings growth, which makes execution quality on its current opportunities far more important than usual.

"Although Cemindia Projects has a sizeable order backlog of around ₹31,000 crores, execution on large contracts such as Vadhvan Port and several newly awarded projects is still in early stages with work yet to start or only at design and mobilization, which could keep revenue recognition below what this backlog might imply if these delays extend or recur."

What happens if one quiet pressure in that growth engine starts to bite will matter a lot more than any headline backlog figure.

If that quiet risk is what worries you, the full narrative for Cemindia Projects explains how Cemindia Projects could still turn delayed execution into accelerating long term opportunity.

BSE:509496 Earnings & Revenue Growth as at Oct 2026
BSE:509496 Earnings & Revenue Growth as at Oct 2026

Seeking Fresh Alternatives Before They Fly

Fresh breakouts do not wait. Momentum shifts, prices move, and the best ideas get caught quickly. Scan these under the radar lists before the crowd and consider acting before conditions change.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.