Indian Capital Goods Strong Balance Sheet Stocks

Garware Marine Industries

Market Cap: ₹160.2m

Provides ship repair services in India.

Bharat Bijlee

Market Cap: ₹35.8b

Operates as an electrical engineering company in India and internationally.

Megatherm Induction

Market Cap: ₹5.3b

Manufactures and sells induction heating and melting products in India and internationally.

Transformers and Rectifiers (India)

Market Cap: ₹152.4b

Manufactures and sells transformers in India.

Goldstar Power

Market Cap: ₹2.2b

Manufactures, produces, assembles, trades, and sells batteries under the GOLDSTAR brand in India.

GPT Infraprojects

Market Cap: ₹14.7b

GPT Infraprojects Limited, together with its subsidiaries, carries out civil and infrastructure projects in India and internationally.

Bharat Dynamics

Market Cap: ₹574.2b

Manufactures and sells guided missiles, underwater weapons, air-borne products, and allied defense equipment in India.

Quadrant Future Tek

Market Cap: ₹16.7b

A research-oriented company, develops and sells train control and signaling systems in India.

Elecon Engineering

Market Cap: ₹131.1b

Manufactures and sells Industrial Gears and Material Handling Equipment in India and internationally.

Veto Switchgears and Cables

Market Cap: ₹2.2b

Engages in the manufacture and sale of wires and cables, and electrical accessories in India and internationally.

Kalpataru Projects International

Market Cap: ₹212.8b

Provides engineering, procurement, and construction (EPC) services for power transmission and distribution, buildings and factories, water, railways, oil and gas, and urban infrastructure sectors in India and internationally.

Uniparts India

Market Cap: ₹18.3b

Manufactures and sells engineering systems, solutions, and assemblies primarily for off-highway vehicles in India, the United States, the Asia Pacific, Europe, Japan, and internationally.

Frontier Springs

Market Cap: ₹18.0b

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

Cryogenic OGS

Market Cap: ₹2.5b

Designs, manufactures, and sells filtration, metering, and separation systems in India.

T & I Global

Market Cap: ₹940.1m

Manufactures and trades in tea and coconut processing machinery in India and internationally.

INOX India

Market Cap: ₹109.8b

Manufactures and supplies cryogenic liquid storage and transport tanks for gas companies and engineering, procurement, and construction (EPC) companies in India and internationally.

SKF India

Market Cap: ₹234.8b

Engages in the provision of bearings, engineering services, and rotating equipment solutions in India and internationally.

Mazda

Market Cap: ₹5.4b

Manufactures and sells engineering goods in India and internationally.

IndiaMART InterMESH

Market Cap: ₹141.6b

Operates an online business-to-business marketplace for business products and services in India and internationally.

Paras Defence and Space Technologies

Market Cap: ₹57.3b

Designs, develops, manufactures, and tests defense and space engineering products and solutions in India and internationally.

Bemco Hydraulics

Market Cap: ₹5.0b

Manufactures and sells hydraulic press machines and related equipment in India and internationally.

Graphite India

Market Cap: ₹111.4b

Manufactures and sells graphite electrodes, and carbon and graphite specialty products in India and internationally.

MetroGlobal

Market Cap: ₹1.6b

Engages in the trading of chemicals, textiles, minerals and ores, metals, and precious metals in India, China, the United States, South Africa, and the Middle East.

Indifra

Market Cap: ₹130.5m

Engages in the infrastructure and construction services in India.

Kiran Print-Pack

Market Cap: ₹115.1m

Engages in trading business in India.

Apex Ecotech

Market Cap: ₹2.0b

Provides engineering, procurement, and construction solutions in the field of water and wastewater treatment in India and internationally.

Nila Infrastructures

Market Cap: ₹4.0b

Nila Infrastructures Limited constructs and develops infrastructure and real estate projects in India.

Axtel Industries

Market Cap: ₹7.6b

Manufactures, supplies, and sells process engineering equipment and turnkey systems for food processing and pharmaceutical industries in India and internationally.

Kunststoffe Industries

Market Cap: ₹163.8m

Engages in the polymer processing and related businesses in India.

Ahmedabad Steelcraft

Market Cap: ₹2.8b

Trades in steel windows, doors, and ventilator sections in India.

KRN Heat Exchanger and Refrigeration

Market Cap: ₹53.2b

Manufactures and sells heat exchangers, evaporators, and condensers to original equipment manufacturers in the heat, ventilation, air conditioning, and refrigeration industries.

IKIO Technologies

Market Cap: ₹16.9b

Designs, develops, and produces light emitting diode (LED) lighting and energy solutions in India.

Sri KPR Industries

Market Cap: ₹524.8m

Generates and sells wind electric power in India.

J. Kumar Infraprojects

Market Cap: ₹47.2b

Engages in the construction business in India.

Bajaj Steel Industries

Market Cap: ₹11.9b

Manufactures and sells cotton ginning and pressing machinery in India.

Beardsell

Market Cap: ₹1.5b

Manufactures and supplies expanded polystyrene (EPS) products and prefabricated buildings for various industrial applications in India and internationally.