Consider Adding Colgate and 4 Other Promising Mid-Cap Stocks with Impressive Return on Equity to Your Investment Radar

by | Jan 11, 2026 | Colgate Palmolive, FMCG

The article highlights five mid-cap stocks that have consistently delivered strong Return on Equity (RoE) over the years, indicating efficient capital use and sustained profitability across various sectors. RoE is a key financial metric that measures how well a company uses shareholders’ investments to generate profits. It is calculated by dividing a company’s net income by its total shareholders’ equity and is expressed as a percentage.

The five mid-cap stocks that have delivered consistently high RoE for 3-4 consecutive years are:

  1. Abbott India Limited: With a market cap of Rs. 59,589 crores, the company has delivered strong RoE of 28.32% in FY22, 29.77% in FY23, 32.47% in FY24, and 33.41% in FY25. Abbott India is a leading multinational pharmaceutical company in India.
  2. KPIT Technologies Limited: With a market cap of Rs. 32,427 crores, the company has delivered strong RoE of 20.94% in FY22, 23.06% in FY23, 27.7% in FY24, and 28.83% in FY25. KPIT Technologies is a global partner to the automotive and mobility ecosystem.
  3. Nippon Life India Asset Management Limited: With a market cap of Rs. 56,086.4 crores, the company has delivered strong RoE of 21.39% in FY22, 20.57% in FY23, 27.87% in FY24, and 30.53% in FY25. Nippon Life India Asset Management acts as the investment manager to Nippon India Mutual Fund.
  4. Dixon Technologies (India) Limited: With a market cap of Rs. 72,256 crores, the company has delivered strong RoE of 19.07% in FY22, 19.88% in FY23, 21.69% in FY24, and 36.39% in FY25. Dixon Technologies is a leading provider of Electronic Manufacturing Services (EMS) in India.
  5. Colgate-Palmolive (India) Limited: With a market cap of Rs. 55,939 crores, the company has delivered strong RoE of 61% in FY23, 70.61% in FY24, and 86.32% in FY25. Colgate-Palmolive is engaged in the business of manufacturing and trading of toothpaste, tooth powder, toothbrush, mouthwash, and personal care products.

These companies have demonstrated efficient capital use and sustained profitability, making them attractive investment options. However, investors must exercise caution and consult their investment advisors before making any investment decisions, as investing in equities poses a risk of financial losses.