
Monopoly stocks often stand out in the market due to their strong competitive positioning, stable demand, and consistent profitability. In February 2026, companies like Hindustan Aeronautics (HAL), Coal India, Hindustan Zinc, IRCTC, and CDSL remained in focus for their solid financial metrics and long-term growth visibility.
In this article, we look at some of the best monopoly stocks in India based on their 5-year CAGR, along with key profitability and balance-sheet indicators.
| Stock Name | Market Cap ( INR Crores) | 5Y CAGR (%) | PE Ratio (times) |
| Hindustan Aeronautics Ltd | 272024.23 | 51.68 | 32.52x |
| Coal India Ltd | 266722.88 | 25.17 | 7.54x |
| Hindustan Zinc Ltd | 257300.80 | 15.74 | 24.85x |
| Indian Railway Catering and Tourism Corporation Ltd | 49600.00 | 14.80 | 37.72x |
| Central Depository Services (India) Ltd | 27826.26 | 39.18 | 52.84x |
Note: The best monopoly stocks for February 2026 are as of February 09, 2026, and are ranked according to their 5-year CAGR.
HAL maintained a steady near-term revenue growth guidance of 7%–8%, while management expects double-digit growth from next year, potentially reaching 8%–10%. The company also guided for stable operational EBITDA margins of ~30%–31% over the medium term, signalling consistency in execution and earnings quality.
Coal India expects coal demand growth to plateau, with production likely to stay in the 1.0–1.1 billion tonnes range in the coming years, and potentially rising to 1.227 billion tonnes by 2030. Growth visibility is supported by improved railway connectivity and silo infrastructure. The company also plans ~₹20,000 crore capex over the next 3–4 years, aimed at production support and diversification into critical minerals.
Hindustan Zinc is pushing ahead with its long-term expansion strategy through two major projects: a 250,000 TPA integrated zinc smelter at Debari and a tailings reprocessing plant at Rampura Agucha. Groundwork has begun, with targeted completion in FY28 and FY29. Management highlighted its scale, resilience, and disciplined execution, positioning the company well in a supportive commodity cycle.
IRCTC reiterated its focus on service quality and operational efficiency, supported by stronger cost management. The internet ticketing segment continued to be the profitability engine, delivering an EBITDA margin of ~85% (vs 81% last year). The tourism segment also showed improvement, with EBITDA margin rising to ~7%, recovering from a negative margin in the same quarter last year.
CDSL is strengthening its market positioning in Demat services through technology upgrades and improved service standards. Operationally, it has added more companies compared to earlier quarters, showing momentum in its core franchise. The company is also building a new growth leg in e-insurance, with online account opening launched and scale already crossing ~1.8 million policies and ~2 million e-insurance accounts, indicating strong long-term potential.
| Stock Name | Debt-to-Equity Ratio | Net Profit Margin (INR Cr) |
| Hindustan Aeronautics Ltd | 0.00 | 24.90 |
| Coal India Ltd | 0.09 | 23.06 |
| Hindustan Zinc Ltd | 0.82 | 29.52 |
| Indian Railway Catering and Tourism Corporation Ltd | 0.02 | 26.55 |
| Central Depository Services (India) Ltd | 0.00 | 43.82 |
| Stock Name | EPS (Q) | Return on Equity |
| Hindustan Aeronautics Ltd | 24.96 | 26.09 |
| Coal India Ltd | 7.07 | 38.53 |
| Hindustan Zinc Ltd | 9.27 | 72.60 |
| Indian Railway Catering and Tourism Corporation Ltd | 4.28 | 38.15 |
| Central Depository Services (India) Ltd | 6.38 | 31.81 |
Note: Figures are in INR.
Read more: Best PSU Stocks in India in February 2026: SBI, SAIL, and More Based on 5Y CAGR!
HAL, Coal India, Hindustan Zinc, IRCTC, and CDSL continued to remain among the most notable monopoly-style businesses in India in February 2026. While these companies operate in different sectors, they share strong market positioning, healthy profitability, and long-term growth drivers. However, investors should always evaluate valuations, sector risks, and business cycles before making any investment decisions.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/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: Feb 9, 2026, 12:31 PM IST

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