Top 10 Undervalued Stocks in September 2026: Shukra Pharmaceuticals, Network People Services, BSE and More Based on 5-Year CAGR

In September 2026, several stocks emerged as undervalued based on their 5-year compound annual growth rate (CAGR). This list includes companies from diverse sectors such as pharmaceuticals, software services, and shipbuilding, showcasing their potential for growth.
Top 10 Undervalued Stocks in September 2026
| S.No | Name | Market Cap (in ₹ Crore) | 5 Year Historical EPS Growth (%) | 5 Year Avg Net Profit Margin (%) | PE Ratio | PB Ratio | Return on Equity | ROCE | 1 Year Return (%) | 5 Year CAGR (%) |
| 1 | Shukra Pharmaceuticals Ltd | 1638 | 137.32 | 19.39 | 74.25 | 26.07 | 15.9 | 43 | 66.16 | 166.58 |
| 2 | Network People Services Technologies Ltd | 3314.17 | 138.5 | 17.75 | 81.19 | 31.72 | 55.49 | 51.03 | -21.87 | 135.78 |
| 3 | BSE Ltd | 1,32,005.63 | 76.56 | 34.91 | 52.87 | 19.43 | 43.92 | 41.43 | 48.69 | 89.55 |
| 4 | Mazagon Dock Shipbuilders Ltd | 1,02,942.58 | 49.79 | 15.78 | 39.85 | 10.31 | 28.82 | 28.53 | -6.34 | 84.02 |
| 5 | KPI Green Energy Ltd | 6179.23 | 176.3 | 17.37 | 12.98 | 2.35 | 18.44 | 21.85 | -37.43 | 83.83 |
| 6 | Zen Technologies Ltd | 17325.08 | 122.04 | 20.3 | 89.56 | 8.89 | 10.5 | 15.5 | 18.32 | 72.51 |
| 7 | Jaykay Enterprises Ltd | 2018.93 | 35.79 | 27.39 | 8.68 | 4.17 | 2.07 | 45.7 | -17.19 | 66.38 |
| 8 | Multi Commodity Exchange of India Limited | 81062.74 | 42.62 | 34.15 | 60.88 | 28.46 | - | 39.04 | 111.92 | 61.55 |
| 9 | Deep Industries Ltd | 4403.52 | 40.9 | 17 | 24.47 | 2.08 | 8.94 | 6.95 | 18.96 | 58.59 |
| 10 | Sika Interplant Systems Ltd | 2194.5 | 25.09 | 16.15 | 60.22 | 14.11 | 26.08 | 30.7 | -12.32 | 58.49 |
Note: The above data is as of September 2, 2026.
Shukra Pharmaceuticals Ltd
Shukra Pharmaceuticals Ltd, with a market cap of ₹1,638 crore, has shown a 5-year CAGR of 166.58%. Its last trade price was ₹44.43, with a 5-year historical EPS growth of 137.32% and a PE ratio of 74.25. The company's 1-month return stands at 46.83%, while its 1-year return is 66.16%.
Network People Services Technologies Ltd
Network People Services Technologies Ltd, in the software services sector, has a market cap of ₹3,314.17 crore. It boasts a 5-year CAGR of 135.78% and a last trade price of ₹1,655.6. The company has a 5-year historical EPS growth of 138.5% and a PE ratio of 81.19. Its 1-month return is 6.14%, with a 1-year return of -21.87%.
BSE Ltd
BSE Ltd, part of the stock exchanges and ratings sector, has a market cap of ₹1,32,005.63 crore. With a 5-year CAGR of 89.55%, its last trade price was ₹3,242. The company has a 5-year historical EPS growth of 76.56% and a PE ratio of 52.87. Its 1-year return is 48.69%.
Mazagon Dock Shipbuilders Ltd
Mazagon Dock Shipbuilders Ltd, in the shipbuilding sector, has a market cap of ₹1,02,942.58 crore. It has a 5-year CAGR of 84.02% and a last trade price of ₹2,485. The company has a 5-year historical EPS growth of 49.79% and a PE ratio of 39.85. Its 1-year return is -6.34%.
KPI Green Energy Ltd
KPI Green Energy Ltd, from the renewable energy sector, has a market cap of ₹6,179.23 crore. It shows a 5-year CAGR of 83.83% and a last trade price of ₹307.8. The company's 5-year historical EPS growth is 176.3%, with a PE ratio of 12.98. Its 1-year return is -37.43%.
Zen Technologies Ltd
Zen Technologies Ltd, in the electronic equipment sector, has a market cap of ₹17,325.08 crore. It has a 5-year CAGR of 72.51% and a last trade price of ₹1,780.7. The company has a 5-year historical EPS growth of 122.04% and a PE ratio of 89.56. Its 1-year return is 18.32%.
Jaykay Enterprises Ltd
Jaykay Enterprises Ltd, part of the investment banking and brokerage sector, has a market cap of ₹2,018.93 crore. With a 5-year CAGR of 66.38%, its last trade price was ₹161.97. The company has a 5-year historical EPS growth of 35.79% and a PE ratio of 8.68. Its 1-year return is -17.19%.
Multi Commodity Exchange of India Limited
Multi Commodity Exchange of India Limited, in the stock exchanges and ratings sector, has a market cap of ₹81,062.74 crore. It shows a 5-year CAGR of 61.55% and a last trade price of ₹3,303. The company's 5-year historical EPS growth is 42.62%, with a PE ratio of 60.88. Its 1-year return is 111.92%.
Read More: Tejas Networks Share Price Up Over 8% After ₹1,537 Crore BSNL 4G LoI from TCS!
Deep Industries Ltd
Deep Industries Ltd, from the oil and gas equipment and services sector, has a market cap of ₹4,403.52 crore. It has a 5-year CAGR of 58.59% and a last trade price of ₹665. The company has a 5-year historical EPS growth of 40.9% and a PE ratio of 24.47. Its 1-year return is 18.96%.
Sika Interplant Systems Ltd
Sika Interplant Systems Ltd, in the aerospace and defence equipment sector, has a market cap of ₹2,194.5 crore. It shows a 5-year CAGR of 58.49% and a last trade price of ₹995.4. The company's 5-year historical EPS growth is 25.09%, with a PE ratio of 60.22. Its 1-year return is -12.32%.
Conclusion
In September 2026, stocks like Shukra Pharmaceuticals and Network People Services have shown impressive 5-year CAGRs of 166.58% and 135.78%, respectively. Other notable performers include BSE Ltd with a 5-year CAGR of 89.55% and Mazagon Dock Shipbuilders Ltd at 84.02%.
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 2, 2026, 1:02 PM IST

Team Angel One
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