Best PSU Stocks for November 2026 Based on 5-Year CAGR: Mazagon Dock Shipbuilders, GRSE and More

Written by: Team Angel OneUpdated on: 28 Oct 2026, 4:53 pm IST

Discover the leading PSU stocks for November 2026, focusing on 5-year CAGR, including Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers and Hindustan Aeronautics.

For November 2026, several PSU stocks showed impressive growth based on their 5-year Compound Annual Growth Rate (CAGR). This article highlights the top performers, including Mazagon Dock Shipbuilders, Garden Reach Shipbuilders & Engineers and Hindustan Aeronautics, among others.

Top PSU Stocks by 5-Year CAGR for November 2026

S.No	Name	Market Cap (in ₹ crore)	PE Ratio	PB Ratio	Return on Equity	ROCE	1 Year Return (%)	5 Year CAGR (%)
1	Mazagon Dock Shipbuilders Limited	70,752.85	27.39	7.09	28.82	28.53	-37.59	67.97
2	Garden Reach Shipbuilders & Engineers Limited	22,118.85	29.57	8.42	31.79	36.77	-24.98	53.95
3	Hindustan Aeronautics Limited	3,24,690.26	35.62	7.91	23.98	13.82	2.06	49.11
4	Cochin Shipyard Limited	29,557.13	41.24	5.03	12.52	16.95	-38.28	44.83
5	Bharat Heavy Electricals Limited	1,39,247.71	87.02	5.33	6.29	7.12	70.17	41.34

Note: The above data is as of October 27, 2026.

Mazagon Dock Shipbuilders Limited

Mazagon Dock Shipbuilders Limited, operating in the Shipbuilding sector, has a market cap of ₹70,752.85 crore. The last trade price is ₹1,754, with a PE ratio of 27.39. The company has recorded a 1-day return of -6.45%, a 1-month return of -20.09%, a 6-month return of -34.65%, a 1-year return of -37.59% and a 5-year CAGR of 67.97%.

It maintains a PB ratio of 7.09, a return on equity of 28.82% and a return on capital employed (ROCE) of 28.53%. The dividend yield is 1.03%, the debt-to-equity ratio is 0.04 and its volatility against Nifty is 2.34.

Garden Reach Shipbuilders & Engineers Limited

Garden Reach Shipbuilders & Engineers Limited, operating in the Shipbuilding sector, has a market cap of ₹22,118.85 crore. The last trade price is ₹1,930.9, with a PE ratio of 29.57. The company has recorded a 1-day return of 3.31%, a 1-month return of -15.5%, a 6-month return of -32.28%, a 1-year return of -24.98% and a 5-year CAGR of 53.95%.

It maintains a PB ratio of 8.42, a return on equity of 31.79% and a return on capital employed (ROCE) of 36.77%. The dividend yield is 0.92%, the debt-to-equity ratio is 0.01 and its volatility against Nifty is 2.95.

Hindustan Aeronautics Limited

Hindustan Aeronautics Limited, operating in the Aerospace & Defense Equipments sector, has a market cap of ₹3,24,690.26 crore. The last trade price is ₹4,855, with a PE ratio of 35.62. The company has recorded a 1-day return of 1.68%, a 1-month return of 1.35%, a 6-month return of 12.64%, a 1-year return of 2.06% and a 5-year CAGR of 49.11%.

It maintains a PB ratio of 7.91, a return on equity of 23.98% and a return on capital employed (ROCE) of 13.82%. The dividend yield is 0.93%, the debt-to-equity ratio is 0 and its volatility against Nifty is 1.87.

Cochin Shipyard Limited

Cochin Shipyard Limited, operating in the Shipbuilding sector, has a market cap of ₹29,557.13 crore. The last trade price is ₹1,123.5, with a PE ratio of 41.24. The company has recorded a 1-day return of -0.92%, a 1-month return of -18%, a 6-month return of -33.1%, a 1-year return of -38.28% and a 5-year CAGR of 44.83%.

It maintains a PB ratio of 5.03, a return on equity of 12.52% and a return on capital employed (ROCE) of 16.95%. The dividend yield is 0.8%, the debt-to-equity ratio is 0.28 and its volatility against Nifty is 2.53.

Bharat Heavy Electricals Limited

Bharat Heavy Electricals Limited, operating in the Heavy Electrical Equipments sector, has a market cap of ₹1,39,247.71 crore. The last trade price is ₹399.9, with a PE ratio of 87.02. The company has recorded a 1-day return of 1.36%, a 1-month return of -4.07%, a 6-month return of 14.72%, a 1-year return of 70.17% and a 5-year CAGR of 41.34%.

It maintains a PB ratio of 5.33, a return on equity of 6.29% and a return on capital employed (ROCE) of 7.12%. The dividend yield is 0.35%, the debt-to-equity ratio is 0.31 and its volatility against Nifty is 2.57.

Conclusion

For November 2026, mazagon Dock Shipbuilders leads with a 5-year CAGR of 67.97%, followed by Garden Reach Shipbuilders & Engineers at 53.95%, Hindustan Aeronautics at 49.11%, Cochin Shipyard at 44.83% and Bharat Heavy Electricals at 41.34%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 28, 2026, 11:23 AM IST

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