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By Ventura Research Team 3 min Read
5,000% Return Revolution India’s Top Multi-Baggers
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The Indian stock market has produced extraordinary returns for certain companies over the past five years. 

In the last five years, the benchmark index Nifty 50 has given 110.30% absolute returns while Sensex has logged 101.75% absolute returns. The Indian broader index Nifty 500 has gained 137.19% in the same period.

In this article, we have identified some of the companies that delivered exceptional returns of over 5,000% in the last five years. 

9 Stocks That Delivered Over 5,000% Returns in the Past 5 Years

Here’s a list of stocks that have delivered over 5,000% returns in the past five years.

Jindal Photo Limited (Up by 11,465%)

Jindal Photo Limited led the rally with a five-year return of 11,465%, rising from ₹12.80 per share to ₹1,555.10 per share. An investment of ₹1 lakh in the stock five years ago would have grown to approximately ₹1.16 crore. Incorporated in 1986, Jindal Photo Ltd is a core investment company that holds strategic investments in the securities of its group companies and provides management consultancy services. As of October 13, Jindal Photo share price is trading near its 52-week high at ₹1,474 per share.

Transformers and Rectifiers (India) Limited (Up by 10,136%)

Transformers and Rectifiers (India) Limited (TARIL) has delivered 10,136% returns in the last 5 years. The company has delivered a 5-year compounded sales growth of 24% and a remarkable 5-year compounded profit growth of 251%.

The company is a leading Indian manufacturer of transformers & reactors. Its product portfolio includes Single-phase power transformers up to 500MVA & 1200kV Class, Furnace Transformers, Rectifier & Distribution Transformers, Specialty Transformers, Series & Shunt Reactors, Mobile Sub Stations, Earthing Transformers, etc. The TARIL share price is trading at ₹481.70 per share. 

Pondy Oxides and Chemicals Limited (Up by 8,428%)

Pondy Oxides and Chemicals Limited, a leader in lead and lead alloys, has given a return of 8,428% in the last five years. The share price of the company is trading near its all-time high. Over the past ten years, Pondy Oxides and Chemicals has achieved a compounded sales growth of 18% and a compounded profit growth of 25%.

Xpro India Limited (Up by 7,811%)

Xpro India Limited posted 7,811% returns in the last 5 years. XPRO India is engaged mainly in the business of polymers processing at multiple locations and is a leading manufacturer in India of Coextruded Plastic Films, thermoformed liners and specialty films (including dielectric films and special purpose BOPP Films). The company has expanded its product lines and entered strategic partnerships, which have supported its stock price surge despite moderate sales increases. In the past 12 months, the stock has delivered no returns, remaining flat during the period.

Lotus Chocolate Company Limited (Up by 7,422%)

Lotus Chocolate Company Limited delivered 7,422% returns in the period of 5 years. Lotus Chocolates is engaged in sourcing and processing cocoa beans to manufacture chocolates, cocoa products, and cocoa derivatives, which are supplied globally to chocolate makers and users ranging from local bakeries to multinational companies. In recent times, the stock price of Lotus Chocolates has declined by over 34% in the past 12 months.

PG Electroplast Limited (Up by 6,126%)

PG Electroplast Limited (PGEL), a leading Indian electronic manufacturing services provider, has delivered 6,126% returns in the last five years. However, the stock recently declined following weak Q1 FY26 results, which showed 14% revenue growth but a 7% fall in EBITDA due to cost under-absorption and lower profits.

Websol Energy System Limited (Up by 6,070%)

Websol Energy System Limited has logged returns of 6,070% over the last five years. A solar cell and module manufacturer has delivered good profit growth of 68.5% CAGR over the last 5 years. In the recent quarter of June 2025, the FIIs have increased their stake to 4.39% from 4.24% in March 2025.

Kernex Microsystems (India) Limited (Up by 5,784%)

Kernex Microsystems (India) Limited (KML) has gained 5,784% in the last 5-year period. The company manufactures and sells safety systems and software services for railways. KML provides turnkey electronic systems and technical support. The company specialises in anti-collision devices, railway safety and signal systems, train collision avoidance systems, and automatic level crossing gates. The stock price is trading 27.1% down from its 52-week high.

HBL Engineering Limited (Up by 5,330%)

Hyderabad-based HBL Engineering Limited posted 5,330% returns in the last 5 years. The company manufactures and services different types of batteries, e-mobility, and other products. HBL Engineering achieved growth through projects like the Kavach railway safety system. The stock price is trading near its 52-week high.

Conclusion 

These stocks highlight how patient long-term investing can lead to substantial wealth creation. However, such extraordinary returns are rare and often come with high volatility and risk. Investors should conduct thorough research and diversify their portfolios rather than chasing past performance. The above data is as of October 11, 2025.