Indian Capital Goods Strong Balance Sheet Stocks

NITCO

Market Cap: ₹25.7b

Engages in the tiles and marble business in India and internationally.

Conart Engineers

Market Cap: ₹617.0m

Provides engineering and construction solutions in India.

VVIP Infratech

Market Cap: ₹3.9b

Operates as a civil and electrical contractor for the execution and construction of infrastructure projects in India.

Organic Recycling Systems

Market Cap: ₹2.3b

An environmental engineering company, provides waste management and valorization solutions in India.

Olectra Greentech

Market Cap: ₹127.7b

Manufactures and sells electric buses and trucks in India.

Capacit'e Infraprojects

Market Cap: ₹24.5b

Engages in the engineering, procurement, and construction business in India.

TRF

Market Cap: ₹3.8b

TRF Limited undertakes turnkey projects of material handling in India.

Kilburn Engineering

Market Cap: ₹28.8b

Designs, manufactures, supplies, installs, and commissions customized process equipment for various applications in India and internationally.

Sathlokhar Synergys E&C Global

Market Cap: ₹11.5b

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

Rachana Infrastructure

Market Cap: ₹634.4m

Engages in the construction of road projects on the bill of quantities and engineering, procurement, and construction basis in India.

Lakshya Powertech

Market Cap: ₹1.3b

Lakshya Powertech Limited o engineering, procurement, construction, and commissioning (EPCC) services in India and internationally.

Lloyds Engineering Works

Market Cap: ₹87.0b

Provides engineering products and services in India.

Kajaria Ceramics

Market Cap: ₹188.7b

Manufactures, sells, and distributes ceramic and vitrified wall and floor tiles under the Kajaria, GresBond, and Eternity brands in India and internationally.

R.P.P. Infra Projects

Market Cap: ₹6.5b

Engages in the construction and infrastructure development activities in India and internationally.

Nacdac Infrastructure

Market Cap: ₹506.5m

Operates as a construction company in India.

Bimetal Bearings

Market Cap: ₹2.4b

Manufactures and sells engine bearings, bushings, thrust washers, alloy powder, and bimetallic strips in India and internationally.

Titagarh Rail Systems

Market Cap: ₹118.4b

Engages in the manufacture and sale of freight and passenger rail systems in India and internationally.

Nupur Recyclers

Market Cap: ₹5.0b

Engages in the import, processing, and trading of ferrous and non-ferrous metals in India.

HVAX Technologies

Market Cap: ₹2.6b

Engages in the design, engineering, and execution of cleanrooms and controlled environments in India, the rest of Asia, the Middle East, and Africa.

Shree Marutinandan Tubes

Market Cap: ₹394.4m

Trades steel tubes and pipes in India.

Falcon Technoprojects India

Market Cap: ₹105.5m

Offers mechanical, electrical, firefighting, and plumbing services in India.

Madhav Infra Projects

Market Cap: ₹3.0b

Engages in the development, construction, operation, and maintenance of infrastructure projects in India.

Jost's Engineering

Market Cap: ₹4.1b

Manufactures and sells material handling equipment and engineered products in India.

Krishna Defence and Allied Industries

Market Cap: ₹11.4b

Engages in the designing, developing, and manufacturing range of equipment for defence, security, dairy, and kitchen verticals in India.

Energy-Mission Machineries (India)

Market Cap: ₹2.0b

Together with its subsidiary, manufactures and sells hydraulic machines in India.

Lesha Industries

Market Cap: ₹318.7m

Trades in steel, chemicals, and other ancillary products in India.

Engineers India

Market Cap: ₹110.1b

An engineering consultancy company, provides design, engineering, procurement, construction, and integrated project management services for oil, gas, fertilizers, steel, railways, power, infrastructure, and petrochemical industries worldwide.

Aztec Fluids & Machinery

Market Cap: ₹1.2b

Manufactures and sells printers in India.

Indian Hume Pipe

Market Cap: ₹19.3b

Engages in construction contract activities in India.

Somany Ceramics

Market Cap: ₹18.6b

Manufactures and sells ceramic tiles and related products in India.

Vdeal System

Market Cap: ₹953.6m

Designs, manufactures, and supplies electrical and automation control panels, and other electrical products in India.

AIK Pipes and Polymers

Market Cap: ₹394.2m

Manufactures and sells pipes in India.

Artefact Projects

Market Cap: ₹492.5m

Engages in the provision of engineering, architectural, and project management consultancy services in India.

Garden Reach Shipbuilders & Engineers

Market Cap: ₹299.2b

Engages in the design and construction of war ships in India.

Raunaq lnternational

Market Cap: ₹257.6m

Engages in engineering contracting business in India.

Latteys Industries

Market Cap: ₹1.1b

Manufactures and sells water pumping solutions in India.