Indian Capital Goods Net Cash Stocks With A Growth Track Record

Hindustan Aeronautics

Market Cap: ₹3.4t

Engages in the design, development, manufacture, repair, overhaul, upgrade, and servicing of aircraft, helicopters, aero-engines, avionics, accessories, and aerospace structures in India and internationally.

Bharat Electronics

Market Cap: ₹2.8t

Designs, manufactures, and supplies electronic equipment and systems for the defense and civilian markets in India.

Mazagon Dock Shipbuilders

Market Cap: ₹1.4t

Engages in building and repairing of ships, submarines, vessels, and related engineering products in India and internationally.

Siemens

Market Cap: ₹1.2t

Manufactures and sells electric motors, generators, transformers, electricity distribution and control apparatus, general purpose machinery, other electrical equipment, electronic components, and optical products in India and internationally.

Cummins India

Market Cap: ₹919.8b

Engages in the design, manufacture, distribution, and service of engines, generator sets, and related technologies in India, Nepal, and Bhutan.

Hitachi Energy India

Market Cap: ₹856.7b

Offers products, projects, and services for electricity transmission and related activities in India and internationally.

GE Vernova T&D India

Market Cap: ₹588.6b

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

NBCC (India)

Market Cap: ₹336.8b

Engages in project management consultancy, engineering procurement and construction, and real estate development businesses in India and internationally.

3M India

Market Cap: ₹330.2b

Manufactures and trades in various products for the automotive, commercial solutions, consumer markets, design and construction, electronics, energy, health care, manufacturing, safety, and transportation industries in India and internationally.

Timken India

Market Cap: ₹238.6b

Manufactures and distributes tapered roller bearings, other roller bearings, components, and accessories for the automotive sector and railway industry in India, the United States, and internationally.

SKF India

Market Cap: ₹231.4b

Provides bearings technology and solutions to industrial and automotive sectors in India and internationally.

Triveni Turbine

Market Cap: ₹183.0b

Manufactures and supplies power generating equipment and solutions in India and internationally.

Data Patterns (India)

Market Cap: ₹165.0b

Provides defense and aerospace electronics solutions in India.

Finolex Cables

Market Cap: ₹146.7b

Engages in the manufacture and sale of electrical and communication cables, and other electrical appliances in India and internationally.

IndiaMART InterMESH

Market Cap: ₹139.5b

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

Engineers India

Market Cap: ₹129.6b

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.

Ingersoll-Rand (India)

Market Cap: ₹124.4b

Manufactures and sells industrial air compressors in India.

Praj Industries

Market Cap: ₹89.7b

Operates in the field of bio-based technologies and engineering worldwide.

Kirloskar Pneumatic

Market Cap: ₹85.1b

Engages in the design, manufacture, and supply industrial air compressors, gas compressors, and pneumatic tools in India and internationally.

Voltamp Transformers

Market Cap: ₹84.1b

Manufactures and sells electrical transformers.

ESAB India

Market Cap: ₹77.4b

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

Ajax Engineering

Market Cap: ₹73.9b

Manufactures and sells self-loading concrete mixers, concrete batching plants, and concrete pumps in India and internationally.

Swaraj Engines

Market Cap: ₹46.9b

Manufactures and sells diesel engines, diesel engine components, and spare parts for tractors in India.

Shanthi Gears

Market Cap: ₹37.6b

Engages in the design, manufacture, supply, and service of gears and gear boxes in India, the United States, Europe, and internationally.

V.S.T. Tillers Tractors

Market Cap: ₹33.6b

Manufactures and trades agriculture machinery in India and internationally.

Rajoo Engineers

Market Cap: ₹20.7b

Engages in the manufacture and sale of plastic processing machineries and post extrusion equipment in India and internationally.

DISA India

Market Cap: ₹20.3b

Manufactures and sells foundry machinery and machinery parts in India and internationally.

Sika Interplant Systems

Market Cap: ₹17.5b

Manufactures and renders engineering products, engineering projects/systems, and services for aerospace, defense and space, and automotive sectors in India.

Eimco Elecon (India)

Market Cap: ₹13.6b

Engages in the manufacture and sale of equipment for mining and construction sectors in India.

Sathlokhar Synergys E&C Global

Market Cap: ₹10.0b

Operates as an integrated engineering, procurement, construction, and infra turnkey contracting company in India.

Taneja Aerospace and Aviation

Market Cap: ₹9.7b

Operates in aerospace and aviation business in India.

Morganite Crucible (India)

Market Cap: ₹8.1b

Manufactures and sales of crucibles in India and internationally.

Axtel Industries

Market Cap: ₹7.6b

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

Fluidomat

Market Cap: ₹5.1b

Manufactures and sells a range of fixed speed and variable speed fluid couplings for industrial and automotive drives in India.

Mazda

Market Cap: ₹4.9b

Engages in the manufacturing of engineering goods in India and internationally.

Kaycee Industries

Market Cap: ₹4.3b

Manufactures and trades in electrical installation products in India.