Indian Capital Goods Solid Balance Sheet and Fundamentals

Ingersoll-Rand (India)

Market Cap: ₹107.8b

Manufactures and sells industrial air compressors and related services in India.

Swaraj Engines

Market Cap: ₹44.0b

Manufactures and sells diesel engines and its engine components, hi-tech engine, and spare parts for tractors in India.

GE Vernova T&D India

Market Cap: ₹749.5b

Engages in building power transmission and distribution infrastructure in India and internationally.

Shaily Engineering Plastics

Market Cap: ₹108.9b

Engages in the manufacture and sale of precision injection moulded plastic components/products in India.

Bharat Electronics

Market Cap: ₹2.9t

Designs, manufactures, and supplies electronic equipment and systems for the defense and civilian markets in India.

Suzlon Energy

Market Cap: ₹721.1b

Manufactures and sells wind turbine generators and related components in India and internationally.

Cummins India

Market Cap: ₹1.2t

Engages in the design, manufacture, distribution, and service of engines, generator sets, and related technologies in India, Nepal, and Bhutan.

Cemindia Projects

Market Cap: ₹137.5b

Provides construction and civil engineering contracting services in India.

NBCC (India)

Market Cap: ₹306.7b

Engages in project management consultancy, engineering procurement and construction, and real estate development businesses in India and internationally.

INOX India

Market Cap: ₹102.8b

Manufactures and supplies cryogenic liquid storage and transport tanks for gas companies and engineering, procurement, and construction (EPC) companies in India and internationally.

Elecon Engineering

Market Cap: ₹108.2b

Manufactures and sells Industrial Gears and Material Handling Equipment in India and internationally.

IndiaMART InterMESH

Market Cap: ₹133.2b

Operates an online business-to-business marketplace for business products and services in India and internationally.

Transrail Lighting

Market Cap: ₹77.4b

An engineering, procurement, and construction (EPC) company, engages in the designing, manufacturing, testing, installation, and supply of galvanized steel structures and conductors for power transmission and distribution in India and internationally.

Polycab India

Market Cap: ₹1.1t

Manufactures and sells wires and cables under the POLYCAB brand in India and internationally.

Ashoka Buildcon

Market Cap: ₹48.5b

Engages in the construction business in India.

Indian Hume Pipe

Market Cap: ₹21.1b

Engages in construction contract activities in India.

Force Motors

Market Cap: ₹234.1b

An integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India.

AVI Polymers

Market Cap: ₹69.2m

Engages in the trading of chemicals primarily in India.

KP Green Engineering

Market Cap: ₹21.2b

Engages in engineering and manufacture of steel structure in India.

Onix Solar Energy

Market Cap: ₹7.5b

Engages in the trading of non-ferrous metals in India.

SML Mahindra

Market Cap: ₹53.2b

Manufactures and sells commercial vehicles and related parts in India and internationally.

DHP India

Market Cap: ₹1.6b

Manufactures and sells liquefied petroleum gas (LPG) regulators, accessories and parts, and other brass fittings in India.

Mamata Machinery

Market Cap: ₹10.2b

Mamata Machinery Limited manufacture and sells plastic bag and pouch making systems in India and internationally.

Schneider Electric Infrastructure

Market Cap: ₹173.7b

Designs, manufactures, builds, and services products and systems for electricity distribution in India and internationally.

Action Construction Equipment

Market Cap: ₹110.4b

Manufactures and sells material handling and construction equipment primarily in India and internationally.

Sunlite Recycling Industries

Market Cap: ₹3.2b

Engages in the manufacturing of copper cables and wires in India.

Exim Routes

Market Cap: ₹2.2b

Engages in the sourcing and procurement of paper recyclables.

Indo Tech Transformers

Market Cap: ₹16.6b

Manufactures and sells transformers in India and internationally.

Sika Interplant Systems

Market Cap: ₹18.9b

Engages in manufacturing and rendering engineering products, engineering projects/systems, and services for aerospace, defense and space, and automotive sectors in India.

Concord Control Systems

Market Cap: ₹23.2b

Manufactures and sells electrical and electronics products for Indian Railways in India.

Parmeshwar Metal

Market Cap: ₹1.8b

Manufactures and sells copper wire and copper wire rods in India.

Shakti Pumps (India)

Market Cap: ₹89.3b

Engages in the manufacture, trade, and sale of pumps, motors, and their spare parts under the Shakti brand name in India and internationally.

Mahendra Realtors & Infrastructure

Market Cap: ₹1.2b

Engages in construction business in India.

Bansal Roofing Products

Market Cap: ₹1.4b

Manufactures and supplies pre-engineered building, roofing sheets and accessories, and decking sheets in India and internationally.

Brady & Morris Engineering

Market Cap: ₹1.9b

Manufactures and sells cranes and material handling equipment in India.

TAAL Tech

Market Cap: ₹8.8b

Provides engineering design services in India and internationally.