4 Largecap Long Term Investment Stocks to Watch for Future Multibagger Potential: HAL, Bajaj Auto, Eicher Motors and Trent

Long term investment stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. HAL, Bajaj Auto, Eicher Motors and Trent meet that test, with market caps from Rs 1.57 lakh crore to Rs 3.33 lakh crore and HAL offering the biggest five-year price gain at 607.71%. Each of these companies has a five-year return above 100 per cent, a return on equity above 15 per cent and a debt-to-equity ratio below 1, and net profit rose in FY26 and in the latest quarter.

This list covers companies with a five-year return above 100 per cent, a return on equity above 15 per cent and a debt-to-equity ratio below 1, rising profit in FY26 and the latest quarter, market capitalisation above Rs 1,00,000 crore, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap above Rs 1 lakh crore. Investors screening long term investment stocks usually begin with size and balance sheet strength, and this list follows the same logic. All figures are as of 22 October 2026 and are drawn from NSE and BSE data and company filings.

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What Are Long Term Investment Stocks and Why Do They Attract Multibagger Interest?

Long term investment stocks are shares of large companies with a long record of strong returns and a manageable balance sheet. The four here cover defence aerospace, two-wheelers, premium motorcycles and retail.

Strong returns with moderate debt let a company keep growing through slow years. For long term investment stocks, rising profit adds to the case. With long term investment stocks, comparing valuation, growth and balance sheet strength together works better than relying on one number. Every company in the table below passed a rising-profit check, and the figures for long term investment stocks are complete. Read each company's latest results and exchange filings before acting on long term investment stocks.

Long Term Investment Stocks at a Glance: Price, Market Cap, PE and ROE

Prices are closing prices as of 22 October 2026. Bajaj Auto combines the lowest PE of the group, 24.36, with the highest return on equity, 27.67%.

Stock	CMP (Rs)	Market Cap (Rs Cr)	PE	Industry PE	ROE	Debt to Equity	52-Week Range (Rs)
Hindustan Aeronautics	4,875	3,33,050	35.73	48.59	22.21%	0.00	3,479.10 to 5,149.90
Bajaj Auto	10,155	2,81,374	24.36	23.82	27.67%	0.58	8,605.00 to 12,470.00
Eicher Motors	7,084.50	1,94,090	33.62	23.82	21.97%	0.02	6,442.00 to 8,230.00
Trent	2,775.80	1,57,216	86.64	64.73	24.62%	0.37	2,183.67 to 3,399.70

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.

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. 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%.

Bajaj Auto: Revenue Up 24.05% in FY26

Bajaj Auto makes motorcycles, three-wheelers and electric two-wheelers, and has a large export business. It reported FY26 revenue of Rs 65,087.22 crore, up 24.05% year on year, and net profit of Rs 10,574.50 crore, up 44.37%. Net profit has compounded at 14.44% a year since FY22, while revenue has grown 17.26% a year. Operating margin was 25.06% in FY26.

The stock trades at a PE of 24.36 against an industry PE of 23.82, with a return on equity of 27.67%. In the June 2026 quarter, revenue rose 64.02% to Rs 22,376.69 crore and net profit grew 44.26% to Rs 3,188.75 crore. The share price has gained 165.89% over five years and 13.76% over the past year. Domestic institutions raised their holding from 12.09% in June 2025 to 13.54% in June 2026.

Eicher Motors: 34.67% Profit CAGR Since FY22

Eicher Motors owns the Royal Enfield brand of premium motorcycles and is a partner in the Eicher commercial vehicle business. It reported FY26 revenue of Rs 24,894.09 crore, up 23.39% year on year, and net profit of Rs 5,515.23 crore, up 16.49%. Net profit has compounded at 34.67% a year since FY22, while revenue has grown 23.39% a year. Operating margin was 34.24% in FY26. The debt-to-equity ratio is 0.02, which keeps interest costs low.

In the June 2026 quarter, revenue rose 29.35% to Rs 7,098.73 crore and net profit grew 21.35% to Rs 1,462.51 crore. The share price has gained 174.76% over five years. The stock trades at a PE of 33.62 against an industry PE of 23.82, with a return on equity of 21.97%.

Trent: Return on Equity of 24.62%

Trent runs the Westside, Zudio and Star retail chains selling fashion, apparel and grocery products. It reported FY26 revenue of Rs 20,189.05 crore, up 16.34% year on year, and net profit of Rs 1,721.33 crore, up 12.18%. Revenue has compounded at 44.17% a year since FY22. Operating margin was 17.91% in FY26. The debt-to-equity ratio is 0.37.

The stock trades at a PE of 86.64 against an industry PE of 64.73, with a return on equity of 24.62%. In the June 2026 quarter, revenue rose 17.47% to Rs 5,784.54 crore and net profit grew 21.98% to Rs 518.07 crore. The share price has gained 283.92% over five years. Domestic institutions raised their holding from 19.98% in September 2025 to 23.33% in September 2026.

Long Term Investment Stocks: Financial Comparison on Growth and Margins

The table compares scale and growth across these long term investment 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	Latest Quarter Revenue Growth	Operating Margin (Latest Quarter)
HAL	36,787.95	9,115.52	9.68%	9.48%	15.26%	44.22%
Bajaj Auto	65,087.22	10,574.50	24.05%	17.26%	64.02%	24.99%
Eicher Motors	24,894.09	5,515.23	23.39%	23.39%	29.35%	34.28%
Trent	20,189.05	1,721.33	16.34%	44.17%	17.47%	19.97%

Check the Univest Screener for live data on these long term investment stocks

Institutional Holding in HAL, Bajaj Auto, Eicher Motors and Trent

Institutional holding shows who is backing these long term investment stocks alongside the promoter. The table uses the latest reported quarter for each. Eicher Motors has the deepest institutional backing, with FII and DII together holding 41.59% as of June 2026. Domestic institutions increased their holding over the past year in HAL (from 8.71% to 12.56%), Bajaj Auto (from 12.09% to 13.54%) and Trent (from 19.98% to 23.33%).

Stock	Promoter	FII	DII	Public	Quarter
HAL	71.64%	9.42%	12.56%	6.38%	September 2026
Bajaj Auto	55.01%	9.01%	13.54%	22.44%	June 2026
Eicher Motors	49.02%	25.53%	16.06%	9.40%	June 2026
Trent	37.01%	15.28%	23.33%	24.39%	September 2026

Risks to Weigh in Long Term Investment Stocks

Being careful with long term investment stocks means looking at what can slow the story as well as what can speed it up. Four points matter most:

• Past growth may not repeat.
• Share prices can move sharply in either direction.
• Valuation: Eicher Motors trades at a PE of 33.62 against an industry PE of 23.82, 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 Long Term Investment Stocks

Picking from long term investment stocks comes down to four checks, applied in order.

1. Check balance sheet strength first, and prefer a debt-to-equity ratio below 1 for non-financial companies.
2. Compare each PE with the industry PE (23.82 to 64.73) and ask whether the growth rate justifies any gap.
3. Track net profit growth, the operating margin and the return on equity in every quarterly result.
4. Stagger entries across quarters and review institutional holding every reporting season.

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Conclusion

Among long term investment stocks, HAL stands out for the biggest five-year price gain at 607.71%, Bajaj Auto for the highest return on equity at 27.67%, Eicher Motors for the fastest profit growth, 34.67% a year since FY22 and Trent for 16.34% revenue growth in FY26. 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 long term investment 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.

Frequently Asked Questions on Long Term Investment Stocks to Watch

Which are the best long term investment stocks to watch for multibagger potential?

Ans. HAL, Bajaj Auto, Eicher Motors and Trent are the 4 names this list highlights, with market caps of Rs 3,33,050 crore, Rs 2,81,374 crore, Rs 1,94,090 crore and Rs 1,57,216 crore respectively. HAL is notable for the biggest five-year price gain at 607.71%. Bajaj Auto stands out for the highest return on equity at 27.67%. Eicher Motors offers the fastest profit growth, 34.67% a year since FY22. Trent brings 16.34% revenue growth in FY26. These are watchlist names for long term investment stocks, not recommendations, so match each one to your own risk profile and time horizon.

Is Bajaj Auto a good stock for long-term investors?

Ans. Bajaj Auto has a return on equity of 27.67%, a PE of 24.36 against an industry PE of 23.82 and a market cap of Rs 2,81,374 crore. Net profit has compounded at 14.44% a year since FY22, and FY26 revenue rose 24.05% while June 2026 quarter net profit grew 44.26%. Long-term returns in long term investment stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.

Can Eicher Motors become a multibagger from here?

Ans. Eicher Motors has already gained 174.76% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in long term investment stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 34.67% a year since FY22, and FY26 revenue rose 23.39%. At a PE of 33.62 against an industry PE of 23.82, valuation should be checked against that growth before investing.

What is the market cap of HAL, Bajaj Auto, Eicher Motors and Trent?

Ans. As of 22 October 2026, HAL has a market cap of Rs 3,33,050 crore, Bajaj Auto has a market cap of Rs 2,81,374 crore, Eicher Motors has a market cap of Rs 1,94,090 crore and Trent has a market cap of Rs 1,57,216 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 long term investment stocks.

What are the risks of investing in long term investment stocks?

Ans. The main risks are market swings, slower growth than expected and valuations that already reflect good news. Companies with strong balance sheets and steady earnings handle these better. Eicher Motors trades at a PE of 33.62 against an industry PE of 23.82, so earnings growth needs to hold up.

Why is Eicher Motors trading at a PE of 33.62?

Ans. Eicher Motors' PE of 33.62 compares with an industry PE of 23.82. The market is paying a premium for a return on equity of 21.97%, profit growth of 34.67% a year since FY22 and latest-quarter profit growth of 21.35%, which also means the stock is more sensitive if growth slows. Investors in long term investment 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 HAL, Bajaj Auto, Eicher Motors and Trent?

Ans. As of the latest reported quarter, FII and DII together hold 21.98% of HAL (9.42% and 12.56%), 22.55% of Bajaj Auto (9.01% and 13.54%), 41.59% of Eicher Motors (25.53% and 16.06%) and 38.61% of Trent (15.28% and 23.33%). Rising institutional holding is a useful signal in long term investment stocks, though it should be read with earnings trends rather than on its own.