Indian Capital Goods High Return On Equity, Low Debt

GE Vernova T&D India

Market Cap: ₹1.2t

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

Suzlon Energy

Market Cap: ₹737.7b

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

HBL Engineering

Market Cap: ₹210.8b

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

Ingersoll-Rand (India)

Market Cap: ₹137.5b

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

ESAB India

Market Cap: ₹87.1b

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

SML Mahindra

Market Cap: ₹58.5b

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

Swaraj Engines

Market Cap: ₹45.3b

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

V-MARC India

Market Cap: ₹38.6b

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

Ashoka Buildcon

Market Cap: ₹35.7b

Engages in the construction business in India.

Oriana Power

Market Cap: ₹30.3b

Provides renewable energy solutions in India.

Jaykay Enterprises

Market Cap: ₹23.5b

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

BF Utilities

Market Cap: ₹21.1b

Engages in the infrastructure business in India.

Frontier Springs

Market Cap: ₹17.0b

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

Rajesh Power Services

Market Cap: ₹15.3b

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

Emkay Tools

Market Cap: ₹11.6b

Manufactures and sells precision cutting tools in India.

Vivid Electromech

Market Cap: ₹10.4b

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

R M Drip and Sprinklers Systems

Market Cap: ₹8.1b

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

Viviana Power Tech

Market Cap: ₹7.8b

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

Sathlokhar Synergys E&C Global

Market Cap: ₹7.5b

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

Merritronix

Market Cap: ₹7.0b

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: ₹3.7b

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: ₹3.0b

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

Adisoft Technologies

Market Cap: ₹3.0b

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

Exim Routes

Market Cap: ₹2.1b

Engages in the sourcing and procurement of paper recyclables.

Greenleaf Envirotech

Market Cap: ₹637.4m

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

Liotech Industries

Market Cap: ₹540.8m

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

Taparia Tools

Market Cap: ₹510.6m

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

Manav Infra Projects

Market Cap: ₹457.3m

Provides infrastructure services in India.