Top Three Summer Stocks with Highest 3-Year Sales CAGR - Are you looking for it?
As temperatures rise, companies in the beverage and cooling solutions sector witness increased demand, making them attractive investment opportunities.
As temperatures rise, companies in the beverage and cooling solutions sector witness increased demand, making them attractive investment opportunities. Based on three-year sales CAGR, here are the top three summer stocks that have shown strong growth in revenue over the past three years.
Varun Beverages: Varun Beverages, a major player in the beverage industry, has reported a three-year sales CAGR of 31 per cent. With a market capitalization of Rs 1,83,088.37 crore and a P/E ratio of 69.15, the company has demonstrated strong growth in recent years. However, despite a 40.3 per cent increase in quarterly profit and 38.28 per cent growth in quarterly sales, the stock has seen a 1-year return of -4.83 per cent. Investors will closely monitor how the company navigates demand fluctuations in the summer season.
Vadilal Industries: Vadilal Industries, a leading name in the ice cream segment, has achieved the highest three-year sales CAGR of 34 per cent among the three companies. The company, with a market capitalization of Rs 3,797.8 crore and a P/E ratio of 24.34, has posted 29.11 per cent quarterly profit growth and 16.98 per cent quarterly sales growth. However, quarter-on-quarter profits and sales have declined by 69.39 per cent and 31.02 per cent, respectively. Despite these fluctuations, the stock has delivered an impressive one-year return of 33.93 per cent, reflecting strong investor interest.
Blue Star: Blue Star, a key player in air conditioning and refrigeration solutions, has also reported a three-year sales CAGR of 31 per cent. With a market capitalization of Rs 45,259.98 crore and a P/E ratio of 82.59, the company continues to benefit from rising demand for cooling appliances. The company posted a quarterly profit growth of 22.72 per cent and quarterly sales growth of 25.26 per cent, with a QoQ profit increase of 37.89 per cent and QoQ sales growth of 23.35 per cent. The stock has delivered a one-year return of 68.95 per cent, making it an attractive choice for investors looking at summer-themed stocks.
These companies have demonstrated strong revenue growth over the past three years, with seasonal demand playing a key role in their performance. Investors looking to capitalize on summer-driven sales growth may find these stocks worth tracking in the upcoming months.