Indian Capital Goods Potentially Undervalued Small Caps

Sword-Edge Commercials

Market Cap: ₹50.0m

Does not have significant operations.

Auro Impex & Chemicals

Market Cap: ₹308.7m

Engages in the manufacturing, exporting, and supply of discharge and collecting electrodes, and electrostatic precipitator (ESP) internal parts and spares in India.

Malpani Pipes and Fittings

Market Cap: ₹715.1m

Manufactures and sells high-grade plastic pipes in India.

Adisoft Technologies

Market Cap: ₹3.0b

Provides repair and automation solutions for the automotive and non-automotive industries.

Black Rose Industries

Market Cap: ₹4.9b

Engages in the import, development, manufacturing, export, and distribution of chemicals in India and internationally.

Aro Granite Industries

Market Cap: ₹386.3m

Engages in the manufacturing and trading of polished/flamed granite tiles and slabs in India.

Sicagen India

Market Cap: ₹2.1b

Engages in the trade and distribution of building materials in India and internationally.

DHP India

Market Cap: ₹1.5b

Manufactures and sells liquefied petroleum gas (LPG) regulators, accessories and parts, and other brass fittings in India.

Vishal Bearings

Market Cap: ₹539.6m

Designs, manufactures, and sells engineered bearing products and related services in India and Internationally.

B.C. Power Controls

Market Cap: ₹125.6m

Engages in trading of ferrous and non-ferrous metals in India.

Dhanalaxmi Roto Spinners

Market Cap: ₹590.8m

Trades in textiles, paper, and wood pulp in India.

Agarwal Float Glass India

Market Cap: ₹285.8m

Engages in trading of glass products in India.

Rulka Electricals

Market Cap: ₹481.2m

Rulka Electricals Limited electrical and firefighting solutions in India.

Rasi Electrodes

Market Cap: ₹380.4m

Manufactures and markets welding electrodes and consumables under the RASI brand in India.

SNL Bearings

Market Cap: ₹1.4b

Manufactures and markets antifriction bearing products in India and internationally.

Somi Conveyor Beltings

Market Cap: ₹1.2b

Manufactures and sells industrial conveyor belts in India.

Parker Agrochem Exports

Market Cap: ₹60.1m

A liquid storage company, engages in the rental of storage tank farms in India.

Taparia Tools

Market Cap: ₹562.8m

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

Vikas Lifecare

Market Cap: ₹2.5b

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

Siddhika Coatings

Market Cap: ₹1.3b

A texture paint contract company, sells paints and allied products.

Maks Energy Solutions India

Market Cap: ₹125.2m

Engages in manufacturing, supplying, selling, installing, servicing, hiring, and commissioning of diesel generator sets and earth-moving equipment in India.

ATV Projects India

Market Cap: ₹1.3b

Manufactures and trades engineering equipment in India.

Chennai Ferrous Industries

Market Cap: ₹289.1m

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

Boss Packaging Solutions

Market Cap: ₹151.8m

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

Bhavik Enterprises

Market Cap: ₹3.0b

Engages in trading of polymers in India.

Nacdac Infrastructure

Market Cap: ₹249.7m

Operates as a construction company in India.

Chandra Prabhu International

Market Cap: ₹314.0m

Engages in the trading of coal, synthetic rubber, chemicals, and metals in India.

Shree Metalloys

Market Cap: ₹201.0m

Trades in ferrous and non-ferrous primarily in India.

Kanoria Energy & Infrastructure

Market Cap: ₹1.3b

Engages in the manufacture and sale of asbestos cement pressure pipes, asbestos cement corrugated roofing sheets, and allied products in India.

Birla Precision Technologies

Market Cap: ₹2.4b

Manufactures and sells machine tools and accessories, precision and automotive components, and castings in India, Japan, the United States, and internationally.

International Conveyors

Market Cap: ₹5.0b

Manufactures and markets PVC conveyor belting products in India and internationally.

Accord Transformer & Switchgear

Market Cap: ₹1.1b

Engages in the design, engineering, testing, manufacturing, deployment, and supply of a diversified range of electrical power and distribution equipment in India.

Manugraph India

Market Cap: ₹464.7m

Engages in the manufacture and sale of printing machines in India and internationally.

Titan Intech

Market Cap: ₹774.0m

Provides digital transformation for IT infrastructure and business data in India.

Continental Controls

Market Cap: ₹60.5m

Manufactures and sells electrical goods in India.

Aureate Tradde

Market Cap: ₹490.0m

Engages in the trading, distribution, and supply of industrial and technological materials.