Indian Capital Goods Strong Balance Sheet Stocks

Anup Engineering

Market Cap: ₹47.4b

Manufactures and fabricates process equipment for oil and gas, petrochemicals, LNG, fertilizers, chemicals, hydrogen, pharmaceuticals, power, water, paper and pulp, and aerospace industries in India.

AA Plus Tradelink

Market Cap: ₹20.4m

Trades in products made of iron and steel, aluminum, graphite, and other alloy products.

Kundan Edifice

Market Cap: ₹991.2m

Designs, develops, manufactures, assemblies, supplies, and sells light emitting diode (LED) strip lights primarily in India.

Indobell Insulation

Market Cap: ₹697.4m

Operates as a manufacturer and contractor of insulation products and prefabricated thermal insulation jackets in India.

Larsen & Toubro

Market Cap: ₹5.0t

Engages in engineering, procurement, and construction projects (EPC) in India and internationally.

Bharat Heavy Electricals

Market Cap: ₹816.9b

Operates as power plant equipment manufacturer in India and internationally.

DCM

Market Cap: ₹1.9b

Provides IT infrastructure services in India and internationally.

A-1

Market Cap: ₹10.7b

Engages in the trading of various chemicals and acid products in India and internationally.

Faalcon Concepts

Market Cap: ₹313.6m

Engages in designing, engineering, fabrication, and installation of façade systems in India.

Mahindra EPC Irrigation

Market Cap: ₹4.1b

Manufactures, sells, and markets micro irrigation systems in India and Uganda.

Chennai Ferrous Industries

Market Cap: ₹485.3m

Engages in the trading of iron and coal-related products in India.

Kriti Industries (India)

Market Cap: ₹6.9b

Manufactures and sells piping products and solutions, and accessories in India and internationally.

Euro Panel Products

Market Cap: ₹5.2b

Engages in the manufacture and supply of aluminum composite panels in India.

Creative Graphics Solutions India

Market Cap: ₹5.6b

Manufactures and sells printing blocks for flexographic, letterpress, and dry offset machines in India, African countries, Thailand, Qatar, Kuwait, and Nepal.

Indo National

Market Cap: ₹3.5b

Manufactures and distributes dry cell batteries, rechargeable batteries, flashlights, and general lighting products in India.

Vikas Lifecare

Market Cap: ₹4.1b

Engages in manufacturing and trading of polymers, chemicals, iron and steel, and plastic products in India and Ghana.

DCG Cables & Wires

Market Cap: ₹1.3b

Manufactures and sells copper cables and wires for application in transformers.

Consolidated Construction Consortium

Market Cap: ₹10.8b

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

Rulka Electricals

Market Cap: ₹540.8m

Operates as an electrical and firefighting turnkey projects service provider in India.

Maxvolt Energy Industries

Market Cap: ₹2.8b

Engages in the manufacture and supply of lithium-ion batteries in India.

Effwa Infra & Research

Market Cap: ₹5.0b

Provides environmental engineering services primarily in India.

Boss Packaging Solutions

Market Cap: ₹187.9m

Manufactures and sells packaging, filling, and labeling machines in India.

Mapro Industries

Market Cap: ₹549.1m

Mapro Industries Limited undertakes civil construction contracts through sub-contracting in India.

LGB Forge

Market Cap: ₹2.8b

Engages in manufacture and sale of forged and machined components in India and internationally.

Windsor Machines

Market Cap: ₹24.6b

Engages in the manufacture and sale of plastic processing machinery in India and internationally.

Shree Metalloys

Market Cap: ₹182.7m

Trades in ferrous and non-ferrous primarily in India.

Greaves Cotton

Market Cap: ₹51.7b

Operates engineering and mobility retail business in India, the Middle East, Africa, Southeast Asia, and internationally.

W.S. Industries (India)

Market Cap: ₹4.8b

Operates as infrastructure development and electrical project handling company in India and internationally.

Manglam Infra & Engineering

Market Cap: ₹455.8m

Provides infrastructure consultancy services to various government projects in Madhya Pradesh, Nagaland, Bihar, and Maharashtra.

Polysil Irrigation Systems

Market Cap: ₹2.7b

Manufactures and sells pipe fittings and micro irrigation systems in India.

Kisan Mouldings

Market Cap: ₹4.1b

Engages in the manufacture and sale of pipes and fittings for water management, irrigation, water distribution, cable ducting, drinking water, tube wells, and sewage disposal systems in India.

Genpharmasec

Market Cap: ₹1.1b

Genpharmasec Limited buys, sells, and distributes pharmaceutical activities and services in India.

Refex Industries

Market Cap: ₹49.6b

Engages in handling and disposal of fly ash in India.

Visaman Global Sales

Market Cap: ₹1.7b

Provides various steel products in India.

ideaForge Technology

Market Cap: ₹22.6b

Engages in the manufacture and marketing of unmanned aerial vehicle (UAV) systems for security and surveillance applications in India and internationally.

Popular Foundations

Market Cap: ₹591.0m

Engages in the engineering and construction activities in India.