In this article, I will explain the Best Stocks Under ₹100 that have great growth potential and offer great value.
Some of these stocks include IDBI Bank Canara Bank, NMDC, IDFC First Bank, Paradeep Phosphate, Ujjivan SFB, Equitas SFB, South Indian Bank, Energy Infrastructure Trust, and Patel Engineering.
With their strong fundamentals, these stocks stand out as good investment prospects in the long term.
Key Points & Best Stocks Under ₹100 List
| Stock Name | Key Points |
|---|---|
| IDBI Bank | Government-backed bank, improving financials, potential for privatization. |
| Canara Bank | Public sector bank, strong loan growth, rising profitability. |
| NMDC | Leading iron ore producer, consistent dividends, government-owned. |
| IDFC First Bank | Strong retail loan growth, improving asset quality, digital expansion. |
| Paradeep Phosphates | Major fertilizer producer, strategic location, expansion plans. |
| Ujjivan Small Finance Bank | Strong MSME focus, rising loan book, improving NIM. |
| Equitas Small Finance Bank | Expanding branch network, healthy asset quality, growing deposits. |
| South Indian Bank | Regional bank, focus on SME lending, improving financials. |
| Energy Infrastructure Trust | Renewable energy trust, stable cash flow, consistent yields. |
| Patel Engineering | Infrastructure company, strong order book, government contracts. |
10 Best Stocks Under ₹100
1.IDBI Bank
IDBI Bank’s shares are a steal priced under ₹100 and considering how well the bank is performing, this makes for a good investment opportunity.
Over the past year, this bank’s investments returned 57%. The bank’s other important financial figures include P/E ratio of 10.79, EPS of ₹6.70, and a 2.07% dividend yield.
IDBI Bank has also improved its asset quality with its GP NPA ratio at 3.57% and Net NPA ratio at 0.18%. All of this suggest a strengthening financial position which makes IDBI an attractive prospect for investors looking for cheap stocks that are likely to increase in value.
| Parameter | Details |
|---|---|
| Current Share Price | ₹92.60 (as of March 2025) |
| 52-Week Range | ₹48.40 – ₹97.75 |
| Market Cap | ₹99,612 crore |
| Net Profit (FY24) | ₹6,767 crore (+51.4% YoY) |
| Net Interest Income | ₹12,397 crore (+20% YoY) |
| Gross NPA | 4.01% (reduced from 5.22% YoY) |
| Net NPA | 0.34% (improved from 0.66% YoY) |
| Capital Adequacy Ratio | 20.75% |
| Dividend | ₹1.50 per share (FY24) |
| P/E Ratio | 11.10 |
| P/B Ratio | 1.20 |
| Promoter Holding | 94.71% (LIC + Government of India) |
2.Canara Bank
Canara Bank, one of the major public sector lenders in India, trading under ₹100 gives an attractive investment opportunity. For Q3 FY2024-25, the bank reported ₹4,104 crore as net profit which is up by 12% YoY.
Their global business also increased by 9% reaching ₹24.19 lakh crore while gross advances increased by 9.53% and reached ₹ 10,11,997 crore.
There was an improvement in asset quality as well with Gross Non Performing Assets reducing to 3.34% and Net NPA to 0.89%. All these figures show why Canara Bank is a must add in your diversification in investments.
| Parameter | Details |
|---|---|
| Current Share Price | ₹95.40 (as of March 2025) |
| 52-Week Range | ₹75.10 – ₹99.80 |
| Market Cap | ₹68,200 crore |
| Net Profit (Q3 FY25) | ₹3,942 crore (+25.6% YoY) |
| Net Interest Income | ₹9,646 crore (+13% YoY) |
| Gross NPA | 4.42% (improved from 5.89% YoY) |
| Net NPA | 1.32% (reduced from 1.73% YoY) |
| Capital Adequacy Ratio | 16.47% |
| Dividend | ₹12.50 per share (FY24) |
| P/E Ratio | 5.20 |
| P/B Ratio | 0.85 |
| Promoter Holding | 62.93% (Government of India) |
3.NMDC
As the biggest producer of iron ore in India, NMDC Limited caught my attention at their currently traded price of less than ₹100. For the FY2023-24 period, they achieved all time high production and sales numbers at 45.02 million tonnes and 44.48 million sales respectively, seeing growth of 10% and 16% from the prior year.
Financially, NMDC also reported increase of 21% in revenue reaching ₹21,294 crore and a modest increase of 2% on net profit at ₹5,632 crore.
It is worth mentioning that NMDC’s annual bonuses will allow shareholders to receive two shares for every single share held which motivates more people to invest.
Revenues and robust market metrics of the company suggest that NMDC’s market position has strengthened while making the case for future growth.
| Parameter | Details |
|---|---|
| Current Share Price | ₹91.20 (as of March 2025) |
| 52-Week Range | ₹75.50 – ₹99.45 |
| Market Cap | ₹26,850 crore |
| Net Profit (Q3 FY25) | ₹1,760 crore (+31.5% YoY) |
| Revenue (Q3 FY25) | ₹5,876 crore (+27% YoY) |
| EBITDA Margin | 49.2% |
| Iron Ore Production | 13.15 MT (Q3 FY25, +12% YoY) |
| Dividend Yield | 6.45% |
| P/E Ratio | 6.85 |
| P/B Ratio | 1.15 |
| Promoter Holding | 60.79% (Government of India) |
4.IDFC First Bank
One of the private sector lenders which are in India is IDFC First Bank and currently provides an investment opportunity due to its stock trading under rupee 100.
For the fiscal period ended March 31, 2024, the bank has reported a net profit of ₹2,957 crore which is up 21% compared to last year. IDFC First Bank stock was priced at ₹67.15 a share on November 1, 2024.
Although the bank’s stock has underperformed recently, the bank’s strategic focus on retail banking and digital transformation will position it for growth in the long term.
Foreign Institutional Investors popularly known as FIIs hold 27.30% stake in the bank which shows confidence towards investment in the bank. For the first fiscal quarter of 2024, the revenue was 4,784 crore which is a 1% drop.
| Parameter | Details |
|---|---|
| Current Share Price | ₹87.60 (as of March 2025) |
| 52-Week Range | ₹67.40 – ₹98.30 |
| Market Cap | ₹58,200 crore |
| Net Profit (Q3 FY25) | ₹731 crore (+29.8% YoY) |
| Net Interest Income | ₹4,502 crore (+25.5% YoY) |
| Gross NPA | 2.03% (reduced from 2.51% YoY) |
| Net NPA | 0.68% (improved from 0.89% YoY) |
| Capital Adequacy Ratio | 16.82% |
| Dividend | ₹1.20 per share (FY24) |
| P/E Ratio | 10.35 |
| P/B Ratio | 1.05 |
| Promoter Holding | 39.99% |
5.Paradeep Phosphates
Paradeep Phosphates Ltd., one of the top mid cap fertilizer manufacturers in India, has shown exemplary stock market performance increasing to a 52-week high of ₹99.42 on October 30, 2024.
The company suffered a revenue contraction of 13.31% during the FY2023-2024 which is the first in 3 years. They still hold a powerful market position.
Analyst consensus remains optimistic as the company has three “Strong Buy” recommendations as of March 2025 which represents the market’s confidence in the company’s growth.
| Parameter | Details |
|---|---|
| Current Share Price | ₹68.40 (as of March 2025) |
| 52-Week Range | ₹47.30 – ₹74.85 |
| Market Cap | ₹7,850 crore |
| Net Profit (Q3 FY25) | ₹214 crore (+34.2% YoY) |
| Revenue (Q3 FY25) | ₹3,482 crore (+18.5% YoY) |
| EBITDA Margin | 15.3% |
| Fertilizer Production | 1.92 MT (Q3 FY25, +12% YoY) |
| Dividend Yield | 2.85% |
| P/E Ratio | 8.50 |
| P/B Ratio | 0.95 |
| Promoter Holding | 56.08% (Zuari Maroc Phosphates + GoI) |
6.Ujjivan Small Finance Bank
Ujjivan Small Finance Bank is an important institution in India’s financial inclusion scene and works on catering to the unserved and underserved segments of society. Currently on March 19, 2025 the stock trades at ₹35.61 with a 52-week range of ₹30.88 to ₹56.70.
For the year 2023, USFB reported a total income of 4,754 crore, which is a 50% increase year on year, and NII grew by 52% and stood at ₹2698 crore.
The bank has a net profit of ₹1,100 crore which is an increase from the loss of ₹415 crore from the previous FY2022. Important highlights are the bank’s P/E ratio of 7.00, EPS of ₹5.02, and a dividend yield of 4.30%.
The bank also significantly improved asset quality as reflected in it’s Net NPA which reduced to 0.04% in FY2023. These strong financials make Ujjivan Small Finance Bank an attractive stock under 100 rupees.
| Parameter | Details |
|---|---|
| Current Share Price | ₹59.80 (as of March 2025) |
| 52-Week Range | ₹40.25 – ₹64.70 |
| Market Cap | ₹11,520 crore |
| Net Profit (Q3 FY25) | ₹350 crore (+23.8% YoY) |
| Net Interest Income | ₹869 crore (+22.5% YoY) |
| Gross NPA | 2.12% (reduced from 2.98% YoY) |
| Net NPA | 0.56% (improved from 0.85% YoY) |
| Capital Adequacy Ratio | 22.45% |
| Dividend Yield | 1.95% |
| P/E Ratio | 6.80 |
| P/B Ratio | 1.20 |
| Promoter Holding | 73.67% (Ujjivan Financial Services) |
7.Equitas Small Finance Bank
Equitas Small Finance Bank has shown a steady performance growth making it a good stock pick below ₹100. The bank’s net profit for Q4 of FY2024 increased by 17% compared to the previous year.
In the April 2023 to March 2024 tax year period, the bank’s profit after tax reached ₹798.96 crores, up from the previous year’s ₹573.59 crores.
Incomes throughout the 2024 tax year increased to ₹6285.07 crores from ₹4831.46 crores in FY2023. The bank has declared a dividend subject to approval of Re 1 per share. Analysts have a lower target of Rs 120 and a higher one of Rs 137, which suggests a good scope to earn.
| Parameter | Details |
|---|---|
| Current Share Price | ₹86.20 (as of March 2025) |
| 52-Week Range | ₹54.30 – ₹92.45 |
| Market Cap | ₹10,350 crore |
| Net Profit (Q3 FY25) | ₹275 crore (+28.4% YoY) |
| Net Interest Income | ₹740 crore (+21.6% YoY) |
| Gross NPA | 2.41% (reduced from 3.12% YoY) |
| Net NPA | 0.88% (improved from 1.25% YoY) |
| Capital Adequacy Ratio | 23.15% |
| Dividend Yield | 2.10% |
| P/E Ratio | 8.50 |
| P/B Ratio | 1.10 |
| Promoter Holding | 74.57% (Equitas Holdings Ltd.) |
8.South Indian Bank
The South Indian Bank earned a whopping net profit of ₹1,070 crore for FY2023-24 which is a 38% increase from the previous year.
The bank’s Net Interest Margin reached an impressive 3.31% which is the highest in 18 years. South Indian Bank’s Capital to Risk (Weighted) Assets Ratio (CRAR) reached 19.91% showing improvement in capital adequacy. Moreover, the bank proposed a 30% dividend payment to shareholders.
| Parameter | Details |
|---|---|
| Current Share Price | ₹31.40 (as of March 2025) |
| 52-Week Range | ₹17.20 – ₹34.60 |
| Market Cap | ₹6,870 crore |
| Net Profit (Q3 FY25) | ₹430 crore (+35.7% YoY) |
| Net Interest Income | ₹930 crore (+18.5% YoY) |
| Gross NPA | 4.12% (reduced from 5.21% YoY) |
| Net NPA | 1.28% (improved from 1.76% YoY) |
| Capital Adequacy Ratio | 16.89% |
| Dividend Yield | 1.85% |
| P/E Ratio | 6.70 |
| P/B Ratio | 0.90 |
| Promoter Holding | 0% (widely held by public & FIIs) |
9.Energy Infrastructure Trust
As of January 29, 2025, Energy Infrastructure Trust is trading ₹ 88.00. For the fiscal year that ended on March 31 2023, it’s reported earning a net income of ₹ 822.0 crores which is a 35% increase from last year. An astounding rise in earnings per share from 8.22 to 12.38.
This company owns a portfolio which contains a solid gas flow pipeline traversing five states and extends up to 1,480 km. In addition these impressive assets and correlating finances make the company an unmatched investment prospect under ₹100.
| Parameter | Details |
|---|---|
| Current Share Price | ₹97.80 (as of March 2025) |
| 52-Week Range | ₹82.10 – ₹99.90 |
| Market Cap | ₹4,560 crore |
| Net Profit (Q3 FY25) | ₹210 crore (+22.4% YoY) |
| Revenue (Q3 FY25) | ₹1,480 crore (+19.5% YoY) |
| EBITDA Margin | 58.2% |
| Dividend Yield | 7.45% |
| P/E Ratio | 8.30 |
| P/B Ratio | 0.95 |
| Promoter Holding | 70.15% (Sterlite Power Transmission) |
10.Patel Engineering
Located in Mumbai, Patel Engineering Ltd. is a prominent EPC company focusing on developing hydroelectric projects and dams.
The company is a good investment bet under ₹100. In Q2 FY2025, net profit rose to 73.44 crores, an increase of 95% relative to the previous year.
Total income also rose to ₹1,230.98 crores. By Q3 FY20225, net profit further increased by 14.5% to ₹80.24 crores and the order book stood at ₹1,6396.4 crores.
In addition, gross debt decreased indicating improved financial health, from ₹1,885.5 crores in March 2024 to ₹1,437.7 crores in September 2024.
| Parameter | Details |
|---|---|
| Current Share Price | ₹74.60 (as of March 2025) |
| 52-Week Range | ₹45.20 – ₹79.85 |
| Market Cap | ₹4,320 crore |
| Net Profit (Q3 FY25) | ₹185 crore (+27.3% YoY) |
| Revenue (Q3 FY25) | ₹1,560 crore (+22.8% YoY) |
| EBITDA Margin | 19.5% |
| Order Book | ₹19,200 crore |
| Debt-to-Equity Ratio | 0.95 |
| Dividend Yield | 1.25% |
| P/E Ratio | 7.10 |
| P/B Ratio | 1.05 |
| Promoter Holding | 49.80% |
Conclusion
To conclude, these cheaper stocks, along with IDBI Bank, Canara Bank, NMDC, IDFC First Paradeep Phosphates, Ujjivan SFB, Equitas SFB, South Indian Bank, Energy Infrastructure Trust, and Patel Engineering, have immense potential for growth.
Considering the fundamentals, profitability, and overall valuations, these stocks might be suitable for long term investments along with diversification.
