Indian Capital Goods Solid Balance Sheet and Fundamentals

Ingersoll-Rand (India)

Market Cap: ₹120.1b

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

Swaraj Engines

Market Cap: ₹48.8b

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: ₹777.4b

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

Shaily Engineering Plastics

Market Cap: ₹120.6b

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

Bharat Electronics

Market Cap: ₹3.1t

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

Suzlon Energy

Market Cap: ₹790.9b

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.

INOX India

Market Cap: ₹109.0b

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

Cemindia Projects

Market Cap: ₹141.7b

Provides construction and civil engineering contracting services in India.

NBCC (India)

Market Cap: ₹308.3b

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

Elecon Engineering

Market Cap: ₹120.2b

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

IndiaMART InterMESH

Market Cap: ₹147.1b

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

Transformers and Rectifiers (India)

Market Cap: ₹95.5b

Manufactures and sells transformers in India.

Transrail Lighting

Market Cap: ₹87.5b

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.

Engineers India

Market Cap: ₹112.5b

An engineering consultancy company, provides design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure, and petrochemical industries worldwide.

Ashoka Buildcon

Market Cap: ₹55.8b

Engages in the construction business in India.

Indian Hume Pipe

Market Cap: ₹20.1b

Engages in construction contract activities in India.

SML Mahindra

Market Cap: ₹41.4b

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

DHP India

Market Cap: ₹1.7b

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

KP Green Engineering

Market Cap: ₹26.0b

Engages in engineering and manufacture of steel structure in India.

Greenleaf Envirotech

Market Cap: ₹782.7m

Engages in providing engineering, procurement, construction, and turnkey solutions.

Sunlite Recycling Industries

Market Cap: ₹2.7b

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

Schneider Electric Infrastructure

Market Cap: ₹190.6b

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

Force Motors

Market Cap: ₹232.6b

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

Gurunanak Agriculture India

Market Cap: ₹418.2m

Engages in the manufacturing of agricultural machinery in India and internationally.

Onix Solar Energy

Market Cap: ₹6.5b

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

Indo Tech Transformers

Market Cap: ₹19.6b

Manufactures and sells transformers in India and internationally.

Action Construction Equipment

Market Cap: ₹117.0b

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

Mamata Machinery

Market Cap: ₹10.3b

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

Concord Control Systems

Market Cap: ₹21.3b

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

Sika Interplant Systems

Market Cap: ₹22.9b

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

Shakti Pumps (India)

Market Cap: ₹90.0b

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

Loyal Equipments

Market Cap: ₹2.2b

Engages in designing, manufacturing, supply, erection, and commissioning of process equipment in India and internationally.

Balu Forge Industries

Market Cap: ₹70.8b

Manufactures and sells crankshafts in India and internationally.

Pace Digitek

Market Cap: ₹47.3b

Operates as a service providers in power management, optic fiber laying, and energy management solutions in India, Myanmar, and Africa.