Groww, Lenskart, 9 other stocks among Motilal’s non-Nifty ideas. Check full list

As the Q4 earnings season drew to a close, Motilal Oswal Financial Services said in its latest India Strategy report that corporate results ended on a strong footing, with broad-based earnings outperformance across sectors. The brokerage noted that the 359 companies under its coverage delivered 16% year-on-year earnings growth, significantly ahead of its expectation of 8% growth. Here are the brokerage’s 11 non-Nifty picks.

ICICI Prudential AMC is among Motilal Oswal's preferred non-Nifty ideas, with EPS projected to rise from Rs 66.7 in FY26 to Rs 90.4 in FY28. The brokerage expects a 16% EPS CAGR over FY26-28.

TVS Motor is expected to deliver healthy earnings growth, with EPS forecast to increase from Rs 76.7 in FY26 to Rs 112.4 in FY28. Motilal Oswal estimates a 21% EPS CAGR during the period.

Billionbrains is projected to report strong earnings growth, with EPS expected to rise from Rs 3.3 in FY26 to Rs 6.7 in FY28. The brokerage forecasts a 42% EPS CAGR over FY26-28.

Indian Hotels is among the brokerage's preferred mid-cap ideas, with EPS projected to increase from Rs 13.2 in FY26 to Rs 18.1 in FY28. Motilal Oswal expects a 17% EPS CAGR over the period.

Lenskart Solutions is expected to see earnings grow from Rs 3.1 in FY26 to Rs 6.4 in FY28. The brokerage estimates a strong 44% EPS CAGR through FY28.

Aavas Financiers is projected to deliver steady earnings growth, with EPS expected to rise from Rs 136.9 in FY26 to Rs 189.0 in FY28. Motilal Oswal forecasts an 18% EPS CAGR over FY26-28.

AU Small Finance Bank is expected to report EPS growth from Rs 35.4 in FY26 to Rs 64.8 in FY28. The brokerage estimates a 35% EPS CAGR during the period.

Dixon Technologies features among Motilal Oswal's preferred non-Nifty ideas, with EPS projected to increase from Rs 139.7 in FY26 to Rs 256.6 in FY28. The brokerage expects a 36% EPS CAGR over FY26-28.

Coforge is projected to deliver strong earnings growth, with EPS expected to rise from Rs 43.8 in FY26 to Rs 74.8 in FY28. Motilal Oswal forecasts a 31% EPS CAGR during the period.

Radico Khaitan is expected to report EPS growth from Rs 45.3 in FY26 to Rs 71.9 in FY28. The brokerage estimates a 26% EPS CAGR over FY26-28.

Delhivery is projected to witness strong earnings expansion, with EPS expected to increase from Rs 2.4 in FY26 to Rs 8.1 in FY28. Motilal Oswal forecasts an EPS CAGR of 83%, the highest among its preferred non-Nifty ideas.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)