Capital Goods Indian Community

MTAR technologies is a high-precision engineering company, making components and machinery for ISRO and nuclear reactors in India. However, despite this strong profile, for the past several years, the growth was lagging.Read more

Kajaria Ceramics has long been India’s flagship tiles and ceramics maker, known for strong brands like Kajaria, GresBond and Eternity. I've personally been a follower of them for a while now, and put considerable trust in the decision making prowess of the current managing director, who long-term Kajaria-heads like myself affectionally name "Uncle Kajar".Read more

Triveni Turbine makes the small and mid-sized turbines that many factories use to turn waste heat and industrial steam into power, and it’s pushing deeper into overseas markets to smooth out swings at home. The bigger story is its growing repair-and-refurbishment business, which can bring in repeat work for decades—but expansion abroad and tougher competition could test that plan.Read more

Growth Market Growth rate for next year * 8.00% * Keeping it low as growth has been high in last 2 years making the base number big Compounded annual market growth rate year 2-5 * 12.00% * Driven by improved domestic market share, new plant, acrylic business & growth in industry Margin Pre-tax operating margin for next year * 12.00% * Setting margin to company's 10-year average Pre-tax operating margin (Target) * 10.14% * Setting it to the industry average. Number also aligns with the company staying competitive in the market Reinvestment Sales to Capital ratio (Current) * 2.2 Sales to Capital ratio (Target) * 1.84 * Industry average is 1.84 & Company's 10 years average is 1.56.Read more

Electrosteel castings is the leading Ductile pipes manufacturer with 40% market share and multiple competitive advantages including international accredations, with rising incomes and infra projects, electro should be able maintain healthy order books and above market margins, the company has focused on reducing debt in the last year or so and i believe it should be able to either a) payout to their shareholders i.e dividends ( Unlikely), or b) develop a capacity/portfolio expansion strategy which should further fortify Electro as a leader in the industry. Their focus on increasing exports should allow electro to tap into new markets and expand over the next few years.Read more

Core of the earning of company comes from its thermal power plant in Zambia. It operates the only thermal plant in Zambia which account for around 9 percent of Zambia energy.Read more

GMM Pfaudler is trying to turn a complicated global footprint into a strength by cutting costs, reshaping its factories, and folding in recent acquisitions to sell more equipment and services across more industries. The big question is whether this overhaul and heavy reliance on growth in India can pay off before slow demand overseas and restructuring setbacks squeeze results.Read more

Azad Engineering is betting big on a wave of new factories to meet rising demand for high-precision parts used in energy, aerospace, and defense, with long-term contracts from major global customers helping keep the pipeline full. The upside hinges on pulling off that rapid build-out and staying competitive in exports as customer dependence, shifting trade rules, and new manufacturing tech could quickly squeeze growth and profits.Read more

PSP Projects could see a big jump in work as large new contracts from the Adani group and a government push to build more infrastructure flow through. But the story hinges on smoothly delivering projects despite staff shortages and a growing cash squeeze if clients pay slowly.Read more