Indian Capital Goods High Return On Equity, Low Debt

Siemens Energy India

Market Cap: ₹1.1t

Engages in energy business.

Suzlon Energy

Market Cap: ₹802.2b

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

GE Vernova T&D India

Market Cap: ₹783.5b

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

Schneider Electric Infrastructure

Market Cap: ₹204.1b

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

Ingersoll-Rand (India)

Market Cap: ₹122.3b

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

Shakti Pumps (India)

Market Cap: ₹99.9b

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

ESAB India

Market Cap: ₹76.7b

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

Atlanta Electricals

Market Cap: ₹75.1b

Manufactures and sells transformers to institutional and corporate customers in India.

Oriana Power

Market Cap: ₹59.2b

Provides renewable energy solutions in India.

Ashoka Buildcon

Market Cap: ₹55.3b

Engages in the construction business in India.

Swaraj Engines

Market Cap: ₹48.9b

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

SML Mahindra

Market Cap: ₹43.9b

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

Rajesh Power Services

Market Cap: ₹27.0b

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

Indian Hume Pipe

Market Cap: ₹19.2b

Engages in construction contract activities in India.

Frontier Springs

Market Cap: ₹17.2b

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

Viviana Power Tech

Market Cap: ₹10.3b

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

Consolidated Construction Consortium

Market Cap: ₹10.0b

Engages in the provision of construction design, engineering, procurement, construction, and project management services in India and internationally.

Onix Solar Energy

Market Cap: ₹6.9b

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

International Conveyors

Market Cap: ₹6.2b

Manufactures and markets PVC conveyor belting products in India and internationally.

True Colors

Market Cap: ₹4.8b

Distributes digital textile inkjet printers.

Neetu Yoshi

Market Cap: ₹4.7b

A metallurgical engineering company engages in the manufacturing of customized products in various grades of ferrous metallurgical products in India.

Monarch Surveyors and Engineering Consultants

Market Cap: ₹3.7b

Provides consultancy services for infrastructure projects in India and internationally.

Savy Infra and Logistics

Market Cap: ₹3.3b

Operates as an engineering, procurement, and construction company in India.

Brady & Morris Engineering

Market Cap: ₹2.6b

Manufactures and sells cranes and material handling equipment in India.

Smarten Power Systems

Market Cap: ₹1.7b

Together with its subsidiary, engages in the designing and assembling of power back-up and advanced solar power products for residential and commercial facilities under the Smarten brand name.

Telge Projects

Market Cap: ₹1.1b

Engages in offering engineering design services.

ARC Insulation & Insulators

Market Cap: ₹1.1b

Manufactures and supplies glass fiber reinforced polymers (GFRP) and fiber reinforced polymers (FRP) products in India.

Rama Telecom

Market Cap: ₹778.8m

Provides customized end to end networking solutions in the telecom and datacom industries.

Greenleaf Envirotech

Market Cap: ₹754.5m

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

Shantidoot Infra Services

Market Cap: ₹580.0m

Operates as an integrated construction and real estate development company in India.

Gurunanak Agriculture India

Market Cap: ₹404.4m

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

Manav Infra Projects

Market Cap: ₹306.6m

Provides infrastructure services in India.

Aten Papers & Foam

Market Cap: ₹236.6m

Engages in the paper trading business in India.

Taparia Tools

Market Cap: ₹202.9m

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