Best PSU Stocks for October 2026 Based on 5-Year CAGR: Mazagon Dock, Garden Reach Shipbuilders and More

Written by: Team Angel OneUpdated on: 29 Sept 2026, 6:23 pm IST

Discover the leading PSU stocks for October 2026, focusing on 5-year CAGR, including Mazagon Dock Shipbuilders and Garden Reach Shipbuilders.

For October 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 Limited and Garden Reach Shipbuilders & Engineers Limited, among others.

Top PSU Stocks by 5-Year CAGR for October 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	86,242.64	33.39	8.64	28.82	28.53	-22.29	76.32
2	Garden Reach Shipbuilders & Engineers Limited	25,720.36	34.39	9.79	31.79	36.77	-9.96	63.75
3	Cochin Shipyard Limited	34,963.44	48.78	5.95	12.52	16.95	-25	49.25
4	Hindustan Aeronautics Limited	3,16,865.59	34.76	7.72	23.98	13.82	-0.04	47.73
5	Bharat Heavy Electricals Limited	1,43,426.19	89.63	5.49	6.29	7.12	76.05	46.83

Note: The above data is as of September 28, 2026.

Mazagon Dock Shipbuilders Limited

Mazagon Dock Shipbuilders Limited leads the list with a 5-year CAGR of 76.32%. The company operates in the shipbuilding sector with a market capitalisation of ₹86,242.64 crore and a close price of ₹2,138. Despite a 1-year return of -22.29%, its return on equity stands at 28.82%, with a dividend yield of 0.85%.

Garden Reach Shipbuilders & Engineers Limited

Garden Reach Shipbuilders & Engineers Limited follows closely with a 5-year CAGR of 63.75%. With a market cap of ₹25,720.36 crore and a close price of ₹2,245.3, it has delivered a 1-year return of -9.96%. The company boasts a return on equity of 31.79% and a dividend yield of 0.79%.

Cochin Shipyard Limited

Cochin Shipyard Limited has achieved a 5-year CAGR of 49.25%. The company, also in the shipbuilding sector, has a market cap of ₹34,963.44 crore and a close price of ₹1,329. Its 1-year return is -25%, and it offers a dividend yield of 0.68%.

Hindustan Aeronautics Limited

Hindustan Aeronautics Limited, operating in the aerospace & defense equipments sector, has a 5-year CAGR of 47.73%. With a market cap of ₹3,16,865.59 crore and a close price of ₹4,738, it has delivered a 1-year return of -0.04%. The company has a return on equity of 23.98% and a dividend yield of 0.95%.

Bharat Heavy Electricals Limited's Performance

Bharat Heavy Electricals Limited, in the heavy electrical equipments sector, has a 5-year CAGR of 46.83%. The company has a market cap of ₹1,43,426.19 crore and a close price of ₹411.9. It has delivered a strong 1-year return of 76.05%, while maintaining a dividend yield of 0.34%.

Conclusion

For October 2026, Mazagon Dock Shipbuilders Limited leads with a 76.32% 5-year CAGR, followed by Garden Reach Shipbuilders & Engineers Limited at 63.75%. Cochin Shipyard Limited, Hindustan Aeronautics Limited, and Bharat Heavy Electricals Limited also show strong growth.

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: Sep 29, 2026, 12:53 PM IST

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