ad

4 Smallcap Long Term Stocks to Watch for Future Multibagger Potential: Capri Global, Force Motors, Great Eastern Shipping and Elgi Equipments

Capri Global Rs 237.17. Force Motors Rs 16,768. Great Eastern Shipping Rs 1,518.60. Elgi Equipments Rs 534. Market caps from Rs 18,186 crore to Rs 23,837 crore. Data as of 22 Oct 2026.


23 Oct 2026 • 9:23 am

4 Smallcap Long Term Stocks to Watch for Future Multibagger Potential: Capri Global, Force Motors, Great Eastern Shipping and Elgi Equipments

Quick Answer

Capri Global, Force Motors, Great Eastern Shipping and Elgi Equipments are the 4 picks in this long term stocks watchlist, with market caps between Rs 18,186 crore and Rs 23,837 crore. Capri Global stands out for the largest market cap at Rs 23,837 crore, while Force Motors offers the highest return on equity at 25.19%. PE ratios run from 5.65 to 40.61, so compare each one with its industry PE before investing. All figures are as of 22 October 2026.

Long term stocks to watch for multibagger potential start with a simple filter: size, a clean financial record and earnings that keep growing. Capri Global, Force Motors, Great Eastern Shipping and Elgi Equipments meet that test, with market caps from Rs 18,186 crore to Rs 23,837 crore and Capri Global offering the largest market cap at Rs 23,837 crore. Each of these companies has a market capitalisation below Rs 30,000 crore and a five-year return above 100 per cent and a return on equity above 12 per cent, and net profit rose in FY26 and in the latest quarter.

This list covers companies with a market capitalisation below Rs 30,000 crore and a five-year return above 100 per cent and a return on equity above 12 per cent, rising profit in FY26 and the latest quarter, and complete, verifiable financials, ranked by market capitalisation. Each company has a market cap below Rs 30,000 crore. Investors screening long term 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.

Click Here – Get Free Investment Predictions

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

Long term stocks are shares of smaller companies that have doubled investor money over five years. The four here cover finance, vehicles, shipping and compressors.

Smaller companies can compound fast when profit keeps growing for years. For long term stocks, rising profit adds to the case. With long term 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 stocks are complete. Read each company's latest results and exchange filings before acting on long term stocks.

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

Prices are closing prices as of 22 October 2026. Great Eastern Shipping has the lowest PE of the group at 5.65, while Force Motors posts the highest return on equity at 25.19%.

Stock CMP (Rs) Market Cap (Rs Cr) PE Industry PE ROE Price to Book 52-Week Range (Rs)
Capri Global Capital 237.17 23,837 21.14 17.97 13.18% 3.31 151.10 to 287.45
Force Motors 16,768 23,126 18.47 23.62 25.19% 5.51 15,982.00 to 26,450.00
The Great Eastern Shipping Company 1,518.60 21,175 5.65 8.87 17.35% 1.25 1,002.55 to 1,798.00
Elgi Equipments 534 18,186 40.61 45.93 19.28% 8.15 408.25 to 653.40

Capri Global: 46.68% Profit CAGR Since FY22

Capri Global Capital is a non-banking finance company that offers housing loans, construction finance, gold loans and loans to small businesses. It reported FY26 revenue of Rs 4,742.01 crore, up 45.87% year on year, and net profit of Rs 949.15 crore, up 98.35%. Net profit has compounded at 46.68% a year since FY22, while revenue has grown 48.25% a year. Operating margin was 65.31% in FY26.

In the June 2026 quarter, revenue rose 57.33% to Rs 1,581.21 crore and net profit grew 102.05% to Rs 353.38 crore. The share price has gained 101.76% over five years and 27.72% over the past year. Foreign investors raised their holding from 4.83% in September 2025 to 13.00% in September 2026. The stock trades at a PE of 21.14 against an industry PE of 17.97, with a return on equity of 13.18%.

Force Motors: Return on Equity of 25.19%

Force Motors makes commercial vehicles such as the Traveller and Gurkha and supplies engines and axles to other automakers. It reported FY26 revenue of Rs 9,167.51 crore, up 12.79% year on year, and net profit of Rs 1,211.75 crore, up 51.31%. Revenue has compounded at 29.18% a year since FY22. Operating margin was 17.59% in FY26. The debt-to-equity ratio is 0.00, which keeps interest costs low.

The stock trades at a PE of 18.47 against an industry PE of 23.62, below the sector average, with a return on equity of 25.19%. In the June 2026 quarter, revenue rose 6.71% to Rs 2,478.11 crore and net profit grew 22.81% to Rs 216.59 crore. The share price has gained 1046.45% over five years. Promoters hold 61.63%, which keeps ownership stable.

Great Eastern Shipping: 47.03% Profit CAGR Since FY22

The Great Eastern Shipping Company owns and operates crude tankers, product tankers and dry bulk carriers and also has an offshore business. It reported FY26 revenue of Rs 6,312.42 crore, up 2.53% year on year, and net profit of Rs 2,942.52 crore, up 25.52%. Net profit has compounded at 47.03% a year since FY22, while revenue has grown 14.53% a year. Operating margin was 66.75% in FY26. The debt-to-equity ratio is 0.06, which keeps interest costs low.

In the June 2026 quarter, revenue rose 71.01% to Rs 2,286.21 crore and net profit grew 159.43% to Rs 1,308.84 crore. The share price has gained 330.69% over five years and 42.23% over the past year. Foreign investors raised their holding from 24.88% in September 2025 to 29.52% in September 2026. The stock trades at a PE of 5.65 against an industry PE of 8.87, below the sector average, with a return on equity of 17.35%. The dividend yield is 2.37%.

Elgi Equipments: 24.61% Profit CAGR Since FY22

Elgi Equipments makes air compressors for industrial customers in India and overseas. It reported FY26 revenue of Rs 4,068.50 crore, up 14.02% year on year, and net profit of Rs 430.20 crore, up 22.84%. Net profit has compounded at 24.61% a year since FY22, while revenue has grown 12.06% a year. Operating margin was 17.53% in FY26. The debt-to-equity ratio is 0.24.

The stock trades at a PE of 40.61 against an industry PE of 45.93, below the sector average, with a return on equity of 19.28%. In the June 2026 quarter, revenue rose 22.13% to Rs 1,082.60 crore and net profit grew 20.68% to Rs 103.30 crore. The share price has gained 182.78% over five years and 21.42% over the past year. Domestic institutions raised their holding from 5.23% in June 2025 to 10.13% in June 2026.

Long Term Stocks: Financial Comparison on Growth and Margins

The table compares scale and growth across these long term 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)
Capri Global 4,742.01 949.15 45.87% 48.25% 57.33% 68.84%
Force Motors 9,167.51 1,211.75 12.79% 29.18% 6.71% 15.19%
Great Eastern Shipping 6,312.42 2,942.52 2.53% 14.53% 71.01% 80.71%
Elgi Equipments 4,068.50 430.20 14.02% 12.06% 22.13% 16.02%

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

Institutional Holding in Capri Global, Force Motors, Great Eastern Shipping and Elgi Equipments

Institutional holding shows who is backing these long term stocks alongside the promoter. The table uses the latest reported quarter for each. Great Eastern Shipping has the deepest institutional backing, with FII and DII together holding 41.14% as of September 2026. Domestic institutions increased their holding over the past year in Elgi Equipments (from 5.23% to 10.13%).

Stock Promoter FII DII Public Quarter
Capri Global 59.92% 13.00% 17.04% 10.04% September 2026
Force Motors 61.63% 9.52% 1.46% 27.39% June 2026
Great Eastern Shipping 30.07% 29.52% 11.62% 28.79% September 2026
Elgi Equipments 31.19% 21.90% 10.13% 36.78% June 2026

Risks to Weigh in Long Term Stocks

Being careful with long term 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: Capri Global trades at a PE of 21.14 against an industry PE of 17.97, 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 Stocks

Picking from long term 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 (8.87 to 45.93) 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.

Download the Univest iOS App or Univest Android App to track Capri Global, Force Motors, Great Eastern Shipping and Elgi Equipments live prices.

Conclusion

Among long term stocks, Capri Global stands out for the largest market cap at Rs 23,837 crore, Force Motors for the highest return on equity at 25.19%, Great Eastern Shipping for the fastest profit growth, 47.03% a year since FY22 and Elgi Equipments for 14.02% 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 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 Long Term Stocks to Watch

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

Ans. Capri Global, Force Motors, Great Eastern Shipping and Elgi Equipments are the 4 names this list highlights, with market caps of Rs 23,837 crore, Rs 23,126 crore, Rs 21,175 crore and Rs 18,186 crore respectively. Capri Global is notable for the largest market cap at Rs 23,837 crore. Force Motors stands out for the highest return on equity at 25.19%. Great Eastern Shipping offers the fastest profit growth, 47.03% a year since FY22. Elgi Equipments brings 14.02% revenue growth in FY26. These are watchlist names for long term stocks, not recommendations, so match each one to your own risk profile and time horizon.

Is Force Motors a good stock for long-term investors?

Ans. Force Motors has a return on equity of 25.19%, a PE of 18.47 against an industry PE of 23.62 and a market cap of Rs 23,126 crore. FY26 revenue rose 12.79%, and June 2026 quarter net profit grew 22.81%. Long-term returns in long term stocks depend on earnings growth and the price paid at entry, so staggering purchases and consulting a SEBI-registered advisor is sensible.

Can Great Eastern Shipping become a multibagger from here?

Ans. Great Eastern Shipping has already gained 330.69% in five years, so another multi-fold move would need sustained earnings growth. A multibagger outcome in long term stocks requires earnings to keep growing faster than the market for several years. Net profit has compounded at 47.03% a year since FY22, and FY26 revenue rose 2.53%. At a PE of 5.65 against an industry PE of 8.87, valuation should be checked against that growth before investing.

What is the market cap of Capri Global, Force Motors, Great Eastern Shipping and Elgi Equipments?

Ans. As of 22 October 2026, Capri Global has a market cap of Rs 23,837 crore, Force Motors has a market cap of Rs 23,126 crore, Great Eastern Shipping has a market cap of Rs 21,175 crore and Elgi Equipments has a market cap of Rs 18,186 crore. All of them qualify as smallcaps. 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 stocks.

What are the risks of investing in long term 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. Capri Global trades at a PE of 21.14 against an industry PE of 17.97, so earnings growth needs to hold up.

Is Great Eastern Shipping trading below its industry PE?

Ans. Great Eastern Shipping trades at a PE of 5.65 against an industry PE of 8.87. A lower PE means investors pay less for each rupee of earnings, but it should be read with growth (net profit has compounded at 47.03% a year since FY22 and FY26 revenue rose 2.53%) and balance sheet strength before drawing a conclusion.

How much do institutions hold in Capri Global, Force Motors, Great Eastern Shipping and Elgi Equipments?

Ans. As of the latest reported quarter, FII and DII together hold 30.04% of Capri Global (13.00% and 17.04%), 10.98% of Force Motors (9.52% and 1.46%), 41.14% of Great Eastern Shipping (29.52% and 11.62%) and 32.03% of Elgi Equipments (21.90% and 10.13%). Rising institutional holding is a useful signal in long term stocks, though it should be read with earnings trends rather than on its own.

Recent Articles

Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.

Reviews

user-review-1
user-review-2
user-review-3
user-review-4
user-review-5

RESEARCH ANALYST

Get SEBI Registered
advice on the stocks
trending today.

Get 3 FREE Trade Ideas

+91
for Startups Accelerator 2024

for Startups Accelerator 2024

Trusted by 1Cr Indians

Trusted by 1Cr Indians

Awarded No.1 by Economic Times

Awarded No.1 by Economic Times

GET THE APP

Join 1Cr users today.

SEBI Registered Analyst-backed Picks. Free Demat. One App

  • Free Demat account in under 5 minutes
  • Live market data — Nifty, Sensex, sector insights
  • SEBI Registered analyst-backed stock picks
Get it on Google PlayDownload on the App Store
Stocks:
All|a|b|c|d|e|f|g|h|i|j|k|l|m|n|o|p|q|r|s|t|u|v|w|x|y|z

Copyright 2026 Univest. All rights reserved.
Designed with ❤️ in India

arrow down