
4 Largecap Five Bagger Stocks to Watch for Future Multibagger Potential: Bharti Airtel, HAL, TVS Motor and CG Power
Bharti Airtel Rs 1,875.20. HAL Rs 4,959. TVS Motor Rs 4,074. CG Power Rs 855. Market caps from Rs 1.29 lakh crore to Rs 11.56 lakh crore. Data as of 20 Oct 2026.
Updated: 21 Oct 2026 • 10:07 am
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Bharti Airtel, HAL, TVS Motor and CG Power are the 4 picks in this five bagger stocks watchlist, with market caps between Rs 1.29 lakh crore and Rs 11.56 lakh crore. Bharti Airtel stands out for the lowest PE of the group at 31.74, while HAL offers the biggest five-year price gain at 607.71%. PE ratios run from 31.74 to 103.94, so compare each one with its industry PE before investing. All figures are as of 20 October 2026.
Five bagger stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Bharti Airtel, HAL, TVS Motor and CG Power meet that test, with market caps from Rs 1.29 lakh crore to Rs 11.56 lakh crore and Bharti Airtel offering the lowest PE of the group at 31.74. Each of these companies has gained between 400 and 1,000 per cent in five years, which means the price has risen at least fivefold.
This list covers large companies that gained between 400 and 1,000 per cent in five years, with rising profit in the latest quarter and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening five bagger stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 20 October 2026 and are drawn from NSE and BSE data and company filings.
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What Are Five Bagger Stocks and Why Do They Attract Multibagger Interest?
Five bagger stocks are shares whose price has risen at least fivefold over five years. The four here cover defence, two-wheelers, power and industrial equipment, and telecom.
Fivefold gains in large companies usually reflect years of steady execution rather than a one-off jump. Among five bagger stocks, companies that keep growing profit are the ones investors compare in five bagger stocks. This guide looks at five bagger stocks using FY26 results and the latest quarterly numbers. Every one of five bagger stocks below has complete, verifiable data.
Five Bagger Stocks at a Glance: Price, Market Cap, PE, ROE and Price to Book
Prices are closing prices as of 20 October 2026. Bharti Airtel has the lowest PE of the group at 31.74, while TVS Motor posts the highest return on equity at 31.56%.
| Stock | CMP (Rs) | Market Cap (Rs Cr) | PE | Industry PE | ROE | Price to Book | 52-Week Range (Rs) |
|---|---|---|---|---|---|---|---|
| Bharti Airtel | 1,875.20 | 11,55,947 | 31.74 | 35.58 | 17.91% | 6.57 | 1,033.00 to 2,319.00 |
| Hindustan Aeronautics | 4,959 | 3,33,050 | 35.73 | 48.59 | 22.21% | 8.12 | 3,479.10 to 5,149.90 |
| TVS Motor Company | 4,074 | 1,91,289 | 53.12 | 23.62 | 31.56% | 19.94 | 3,228.00 to 4,484.50 |
| CG Power and Industrial Solutions | 855 | 1,28,873 | 103.94 | 45.89 | 15.13% | 16.17 | 525.50 to 980.90 |
Bharti Airtel: 42.06% Profit CAGR Since FY22
Bharti Airtel is one of India's largest telecom operators, with mobile, broadband, enterprise and digital businesses in India and Africa. It reported FY26 revenue of Rs 2,13,790.10 crore, up 22.47% year on year, and net profit of Rs 33,822.80 crore. Net profit has compounded at 42.06% a year since FY22, while revenue has grown 16.25% a year. Operating margin was 56.61% in FY26.
In the June 2026 quarter, revenue rose 18.96% to Rs 59,445.70 crore and net profit grew 34.89% to Rs 10,011.60 crore. The share price has gained 462.86% over five years and 34.65% over the past year. Domestic institutions raised their holding from 19.21% in June 2025 to 20.76% in June 2026. The stock trades at a PE of 31.74 against an industry PE of 35.58, below the sector average, with a return on equity of 17.91%.
HAL: Return on Equity of 22.21%
Hindustan Aeronautics is India's state-owned aerospace company that designs, makes and services fighter jets, helicopters, engines and avionics. It reported FY26 revenue of Rs 36,787.95 crore, up 9.68% year on year, and net profit of Rs 9,115.52 crore, up 8.98%. Net profit has compounded at 15.74% a year since FY22, while revenue has grown 9.48% a year. Operating margin was 40.89% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.
The stock trades at a PE of 35.73 against an industry PE of 48.59, below the sector average, with a return on equity of 22.21%. In the June 2026 quarter, revenue rose 15.26% to Rs 6,415.41 crore and net profit grew 14.88% to Rs 1,589.66 crore. The share price has gained 607.71% over five years. Domestic institutions raised their holding from 8.71% in September 2025 to 12.56% in September 2026.
TVS Motor: 44.50% Profit CAGR Since FY22
TVS Motor Company makes motorcycles, scooters, mopeds and electric two-wheelers, with a growing export business. It reported FY26 revenue of Rs 56,091.53 crore, up 27.02% year on year, and net profit of Rs 3,186.43 crore, up 35.60%. Net profit has compounded at 44.50% a year since FY22, while revenue has grown 23.15% a year. Operating margin was 14.85% in FY26.
In the June 2026 quarter, revenue rose 34.32% to Rs 16,453.72 crore and net profit grew 64.52% to Rs 1,057.61 crore. The share price has gained 598.75% over five years and 14.49% over the past year. Domestic institutions raised their holding from 18.81% in June 2025 to 21.13% in June 2026. The stock trades at a PE of 53.12 against an industry PE of 23.62, with a return on equity of 31.56%.
CG Power: Revenue Up 25.73% in FY26
CG Power and Industrial Solutions makes transformers, motors, drives and railway signalling products, and has entered semiconductor assembly. It reported FY26 revenue of Rs 12,662.22 crore, up 25.73% year on year, and net profit of Rs 1,196.73 crore, up 23.00%. Net profit has compounded at 17.42% a year since FY22, while revenue has grown 23.06% a year. Operating margin was 14.88% in FY26. The debt-to-equity ratio is 0.01, which keeps interest costs low.
The stock trades at a PE of 103.94 against an industry PE of 45.89, with a return on equity of 15.13%. In the June 2026 quarter, revenue rose 15.76% to Rs 3,364.39 crore and net profit grew 15.52% to Rs 308.28 crore. The share price has gained 563.19% over five years. Domestic institutions raised their holding from 16.33% in July 2025 to 18.30% in June 2026.
Five Bagger Stocks: Financial Comparison on Growth and Margins
The table compares scale and growth across these five bagger stocks. Latest quarter means the most recent reported quarter for each company, and only metrics that are positive for every company are shown.
| Stock | Revenue (Rs Cr) | Net Profit (Rs Cr) | Revenue Growth (YoY) | 4-Year Revenue CAGR | 4-Year Net Profit CAGR | Operating Margin (Latest Quarter) |
|---|---|---|---|---|---|---|
| Bharti Airtel | 2,13,790.10 | 33,822.80 | 22.47% | 16.25% | 42.06% | 58.02% |
| HAL | 36,787.95 | 9,115.52 | 9.68% | 9.48% | 15.74% | 44.22% |
| TVS Motor | 56,091.53 | 3,186.43 | 27.02% | 23.15% | 44.50% | 15.35% |
| CG Power | 12,662.22 | 1,196.73 | 25.73% | 23.06% | 17.42% | 14.66% |
Check the Univest Screener for live data on these five bagger stocks
Institutional Holding in Bharti Airtel, HAL, TVS Motor and CG Power
Institutional holding shows who is backing these five bagger stocks alongside the promoter. The table uses the latest reported quarter for each. Bharti Airtel has the deepest institutional backing, with FII and DII together holding 47.24% as of June 2026. Domestic institutions increased their holding over the past year in Bharti Airtel (from 19.21% to 20.76%), HAL (from 8.71% to 12.56%), TVS Motor (from 18.81% to 21.13%) and CG Power (from 16.33% to 18.30%).
| Stock | Promoter | FII | DII | Public | Quarter |
|---|---|---|---|---|---|
| Bharti Airtel | 50.07% | 26.48% | 20.76% | 2.68% | June 2026 |
| HAL | 71.64% | 9.42% | 12.56% | 6.38% | September 2026 |
| TVS Motor | 50.27% | 20.45% | 21.13% | 8.15% | June 2026 |
| CG Power | 56.36% | 11.97% | 18.30% | 13.37% | June 2026 |
Risks to Weigh in Five Bagger Stocks
Being careful with five bagger stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:
- Past returns do not guarantee future returns.
- Strong runs can be followed by pauses.
- Valuation: CG Power trades at a PE of 103.94 against an industry PE of 45.89, so earnings need to keep growing to support the price.
- Concentration: Holding all 4 names puts the allocation in one sector, so size each position to match your risk appetite.
How to Choose Between Five Bagger Stocks
Picking from five bagger stocks comes down to four checks, applied in order.
- Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
- Compare each PE with the industry PE (23.62 to 48.59) and ask whether the growth rate justifies any gap.
- Track net profit growth, the order book or subscriber growth and the return on equity in every result.
- Stagger entries across quarters and review institutional holding every reporting season.
Download the Univest iOS App or Univest Android App to track Bharti Airtel, HAL, TVS Motor and CG Power live prices.
Conclusion
Among five bagger stocks, Bharti Airtel stands out for the lowest PE of the group at 31.74, HAL for the biggest five-year price gain at 607.71%, TVS Motor for the highest return on equity at 31.56% and CG Power for a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.01. Which one suits a portfolio depends on how much valuation risk it can carry, so staggering entries and reviewing each quarterly result is a sound habit. Investors comparing five bagger stocks should rank them on growth, financial strength and the price paid, and anyone who wants personalised guidance can consult a SEBI-registered advisor before acting.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on Five Bagger Stocks to Watch
Which are the best five bagger stocks to watch for multibagger potential?
Ans. Bharti Airtel, HAL, TVS Motor and CG Power are the 4 names this list highlights, with market caps of Rs 11,55,947 crore, Rs 3,33,050 crore, Rs 1,91,289 crore and Rs 1,28,873 crore respectively. Bharti Airtel is notable for the lowest PE of the group at 31.74. HAL stands out for the biggest five-year price gain at 607.71%. TVS Motor offers the highest return on equity at 31.56%. CG Power brings a nearly debt-free balance sheet, with a debt-to-equity ratio of 0.01. These are watchlist names for five bagger stocks, not recommendations, so match each one to your own risk profile and time horizon.
Is TVS Motor a good stock for long-term investors?
Ans. TVS Motor has a return on equity of 31.56%, a PE of 53.12 against an industry PE of 23.62 and a market cap of Rs 1,91,289 crore. Net profit has compounded at 44.50% a year since FY22, and FY26 revenue rose 27.02% while June 2026 quarter net profit grew 64.52%. Long-term returns in five bagger stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.
Can Bharti Airtel become a multibagger from here?
Ans. Bharti Airtel has already gained 462.86% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in five bagger stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 42.06% a year since FY22, and FY26 revenue rose 22.47%. At a PE of 31.74 against an industry PE of 35.58, valuation should be checked against that growth before investing.
What is the market cap of Bharti Airtel, HAL, TVS Motor and CG Power?
Ans. As of 20 October 2026, Bharti Airtel has a market cap of Rs 11,55,947 crore, HAL has a market cap of Rs 3,33,050 crore, TVS Motor has a market cap of Rs 1,91,289 crore and CG Power has a market cap of Rs 1,28,873 crore. All of them qualify as largecaps. Market cap changes daily with the share price, so check the latest figure on the Univest Screener or on NSE before taking a decision on five bagger stocks.
What are the risks of investing in five bagger stocks?
Ans. The main risks are slower growth from a larger base, high valuations and market swings. Companies with strong earnings and clear growth drivers handle these better. CG Power trades at a PE of 103.94 against an industry PE of 45.89, so earnings growth needs to hold up.
Why is CG Power trading at a PE of 103.94?
Ans. CG Power's PE of 103.94 compares with an industry PE of 45.89. The market is paying a premium for a return on equity of 15.13%, profit growth of 17.42% a year since FY22 and latest-quarter profit growth of 15.52%, which also means the stock is more sensitive if growth slows. Investors in five bagger stocks who are comfortable with higher valuation risk may prefer to stagger purchases instead of investing in one go.
How much do institutions hold in Bharti Airtel, HAL, TVS Motor and CG Power?
Ans. As of the latest reported quarter, FII and DII together hold 47.24% of Bharti Airtel (26.48% and 20.76%), 21.98% of HAL (9.42% and 12.56%), 41.58% of TVS Motor (20.45% and 21.13%) and 30.27% of CG Power (11.97% and 18.30%). Rising institutional holding is a useful signal in five bagger stocks, though it should be read with earnings trends rather than on its own.
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