Indian Capital Goods High Return On Equity, Low Debt

GE Vernova T&D India

Market Cap: ₹772.6b

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

Suzlon Energy

Market Cap: ₹728.6b

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

3M India

Market Cap: ₹399.8b

Manufactures and trades in various products in India and internationally.

Force Motors

Market Cap: ₹227.9b

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

HBL Engineering

Market Cap: ₹226.3b

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

Schneider Electric Infrastructure

Market Cap: ₹169.4b

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

Ingersoll-Rand (India)

Market Cap: ₹111.4b

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

ESAB India

Market Cap: ₹96.3b

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

SML Mahindra

Market Cap: ₹53.1b

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

Ashoka Buildcon

Market Cap: ₹49.3b

Engages in the construction business in India.

Swaraj Engines

Market Cap: ₹44.9b

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

Oriana Power

Market Cap: ₹44.3b

Provides renewable energy solutions in India.

BF Utilities

Market Cap: ₹23.1b

Engages in the infrastructure business in India.

Indian Hume Pipe

Market Cap: ₹21.3b

Engages in construction contract activities in India.

R M Drip and Sprinklers Systems

Market Cap: ₹19.9b

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

Rajesh Power Services

Market Cap: ₹19.5b

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

Frontier Springs

Market Cap: ₹15.3b

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

Emkay Tools

Market Cap: ₹9.4b

Manufactures and sells precision cutting tools in India.

Consolidated Construction Consortium

Market Cap: ₹8.5b

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

Aprameya Engineering

Market Cap: ₹6.1b

Engages in trading and project supplies of medical equipment in India.

RMC Switchgears

Market Cap: ₹4.6b

Engages in the switch gear engineering business in India.

Brady & Morris Engineering

Market Cap: ₹2.0b

Manufactures and sells cranes and material handling equipment in India.

Gallard Steel

Market Cap: ₹1.9b

Manufactures and sells ready-to-use components, assemblies, and subassemblies for Indian railways, defence, power generation, and allied industries.

Greenleaf Envirotech

Market Cap: ₹1.0b

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

ARC Insulation & Insulators

Market Cap: ₹756.9m

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

Shantidoot Infra Services

Market Cap: ₹424.6m

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

Shining Tools

Market Cap: ₹411.9m

Engages in designing and manufacturing of solid carbide cutting tools for commercial metal cutting operations in India.

Manav Infra Projects

Market Cap: ₹362.6m

Provides infrastructure services in India.

Taparia Tools

Market Cap: ₹184.3m

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

AVI Polymers

Market Cap: ₹84.8m

Engages in the trading of chemicals primarily in India.