Indian Capital Goods Potentially Undervalued Small Caps

Sword-Edge Commercials

Market Cap: ₹50.0m

Does not have significant operations.

B.C. Power Controls

Market Cap: ₹136.1m

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

Aro Granite Industries

Market Cap: ₹381.0m

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

Vishal Bearings

Market Cap: ₹681.6m

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

Agarwal Float Glass India

Market Cap: ₹228.9m

Engages in trading of glass products in India.

Dhanalaxmi Roto Spinners

Market Cap: ₹603.0m

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

DHP India

Market Cap: ₹1.5b

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

Auro Impex & Chemicals

Market Cap: ₹344.7m

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

Black Rose Industries

Market Cap: ₹4.9b

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

Sicagen India

Market Cap: ₹2.3b

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

Boss Packaging Solutions

Market Cap: ₹172.1m

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

Chandni Machines

Market Cap: ₹193.6m

Engages in the trading of engineering goods in India.

Siddhika Coatings

Market Cap: ₹1.4b

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

SNL Bearings

Market Cap: ₹1.3b

Manufactures and markets antifriction bearing products in India and internationally.

Maks Energy Solutions India

Market Cap: ₹180.3m

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

Somi Conveyor Beltings

Market Cap: ₹1.2b

Manufactures and sells industrial conveyor belts in India.

Vikas Lifecare

Market Cap: ₹2.8b

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

Chennai Ferrous Industries

Market Cap: ₹330.9m

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

Rulka Electricals

Market Cap: ₹390.5m

Rulka Electricals Limited electrical and firefighting solutions in India.

Taparia Tools

Market Cap: ₹420.3m

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

Nacdac Infrastructure

Market Cap: ₹289.5m

Operates as a construction company in India.

International Conveyors

Market Cap: ₹5.2b

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

Chandra Prabhu International

Market Cap: ₹378.0m

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

Mauria Udyog

Market Cap: ₹1.2b

Manufactures and sells liquefied petroleum gas (LPG) cylinders and related accessories 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.

Shree Metalloys

Market Cap: ₹212.6m

Trades in ferrous and non-ferrous primarily in India.

MetroGlobal

Market Cap: ₹1.7b

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

Tamboli Industries

Market Cap: ₹1.7b

Manufactures and sells fully machined precision components in India.

Manugraph India

Market Cap: ₹457.7m

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

Accord Transformer & Switchgear

Market Cap: ₹1.2b

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

Solid Stone

Market Cap: ₹139.3m

Engages in the natural stone, building materials, and allied building business activities in India, the United States, the Middle East, and the United Kingdom.

SPV Global Trading

Market Cap: ₹28.3m

Together with its subsidiary, Rashtriya Metal Industries Limited, trades in non-ferrous metals and copper scrap in India.

Simmonds Marshall

Market Cap: ₹1.9b

Engages in the manufacture and sale of industrial fasteners in India and internationally.

Sri KPR Industries

Market Cap: ₹417.0m

Generates and sells wind electric power in India.

Beardsell

Market Cap: ₹1.2b

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

Solve Plastic Products

Market Cap: ₹84.7m

Solve Plastic Products Limited manufacturing of unplasticized polyvinyl chloride (uPVC) pipes and rigid PVC electrical conduits in India.