Indian Capital Goods High Return On Equity, Low Debt

GE Vernova T&D India

Market Cap: ₹1.1t

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

Suzlon Energy

Market Cap: ₹661.1b

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

Garden Reach Shipbuilders & Engineers

Market Cap: ₹297.8b

Engages in the design and construction of war ships in India.

HBL Engineering

Market Cap: ₹204.2b

Manufactures and sells batteries and other products in India and internationally.

Ingersoll-Rand (India)

Market Cap: ₹136.9b

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

ESAB India

Market Cap: ₹86.6b

Manufactures and sells welding and cutting equipment and consumables in India and internationally.

SML Mahindra

Market Cap: ₹82.3b

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

Lohia

Market Cap: ₹56.1b

Engages in manufacture and sale of machinery and equipment for technical textiles in Latin America, Africa, East Asia and the Middle East.

V-MARC India

Market Cap: ₹48.2b

Manufactures and markets electrical wires and cables under the V-Marc brand name in India.

Swaraj Engines

Market Cap: ₹43.7b

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

Ashoka Buildcon

Market Cap: ₹33.6b

Engages in the construction business in India.

Oriana Power

Market Cap: ₹29.8b

Provides renewable energy solutions in India.

BF Utilities

Market Cap: ₹21.1b

Engages in the infrastructure business in India.

Jaykay Enterprises

Market Cap: ₹20.4b

Engages in additive manufacturing, prototyping, and 3D printing technology business in India.

Frontier Springs

Market Cap: ₹16.6b

Engages in the production and sale of L.H.B.

Rajesh Power Services

Market Cap: ₹15.5b

Provides engineering, procurement, and construction contracting and services to power transmission and distribution utilities companies in India.

Millworks Technologies

Market Cap: ₹13.9b

Manufactures metal components and assemblies for aerospace, defense, railways, and semiconductor industries.

Vivid Electromech

Market Cap: ₹12.3b

Manufactures low-voltage (LV) and medium-voltage (MV) electrical panels and automation systems.

Emkay Tools

Market Cap: ₹10.4b

Manufactures and sells precision cutting tools in India.

Sathlokhar Synergys E&C Global

Market Cap: ₹8.3b

Operates as an integrated engineering, procurement, and construction turnkey contractor in India.

R M Drip and Sprinklers Systems

Market Cap: ₹7.7b

Designs, manufactures, and sells micro irrigation equipment and components in India.

Viviana Power Tech

Market Cap: ₹7.1b

Engages in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space project businesses in India.

Merritronix

Market Cap: ₹6.6b

Engages in Electronics Systems Design and Manufacturing (ESDM) activities of electronic assemblies and systems for defence, aerospace, telecommunications and specialized industrial electronics.

TeamTech Formwork Solutions

Market Cap: ₹3.5b

Engages in the designing, engineering, manufacturing, refurbishing, reconditioning, and renting of modular T formwork and customised formwork system for construction industry in India.

Parmeshwar Metal

Market Cap: ₹2.9b

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

Adisoft Technologies

Market Cap: ₹2.9b

Provides repair and automation solutions for the automotive and non-automotive industries.

Metalic Technoforge

Market Cap: ₹2.8b

Manufactures and sells closed die forged and precision machined components in India.

Exim Routes

Market Cap: ₹2.1b

Engages in the sourcing and procurement of paper recyclables.

Greenleaf Envirotech

Market Cap: ₹666.2m

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

Liotech Industries

Market Cap: ₹411.3m

Designs, fabricates, and erects hardware accessories and provides interior design services.

Manav Infra Projects

Market Cap: ₹294.1m

Provides infrastructure services in India.

Taparia Tools

Market Cap: ₹159.4m

Engages in the manufacture and trading of hand tools primarily in India.

Aurique

Market Cap: ₹13.1m

Engages in the sale and service of lead storage batteries, power backup systems, and automotive parts in India.