Industrial Products industry
517 companies · ₹9187.5 L cr · 81 with AI deep dives
5y revenue CAGR
median 11.97%(p25 4.53% · p75 19.62%)
5y avg ROCE
median 14.94%(p25 7.99% · p75 21.26%)
Debt / equity
median 0.34x(p25 0.11x · p75 0.75x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-06-30headwindMiddle East conflict suspending exports and snarling supply chains10 managements
Escalation from late February 2026 was the most broadly cited near-term headwind. Jindal Saw activated force majeure, suspending all India and Abu Dhabi exports from March…
- JINDALSAW (Q4FY26): “Despite a robust export order book, all export shipments have been suspended since March…”
tailwind9 managements🔒headwind9 managements🔒tailwind10 managements🔒headwind6 managements🔒tailwind7 managements🔒headwind3 managements🔒
6 more themes from this quarter's earnings calls are locked. A free account opens the full brief: every theme with verbatim management quotes, the demand picture, companies running against the tide, and the regulatory & disruption watch. Sign up free →
| Company | Mcap | AI verdict | Signals | Stated KPIs (latest call) |
|---|---|---|---|---|
| Tayo Rolls Ltd | ₹9173.3 L cr | Unlock | gross block underutilised | |
| Cummins India Ltd | ₹1.5 L cr | Unlock | roce compoundergross block efficient | |
| Polycab India Ltd | ₹1.4 L cr | Unlock | capex coming onlineroce compounderearnings quality strongnet cash | |
| APL Apollo Tubes Ltd | ₹51,342 cr | Unlock | roce compounderearnings quality strongnet cashgross block efficient | |
| KEI Industries Ltd | ₹46,353 cr | Unlock | latent operating leveragecapex coming onlinenet cashgross block efficient | |
| Welspun Corp Ltd | ₹43,367 cr | Unlock | earnings quality strongcyclical high volatilitygross block efficient | |
| Supreme Industries Ltd | ₹43,033 cr | Unlock | roce compounderearnings quality stronggross block efficient | |
| AIA Engineering Ltd | ₹42,944 cr | Unlock | cyclical peak basecyclical high volatilitygross block efficient | |
| Astral Ltd | ₹39,414 cr | Unlock | roce compounderearnings quality strongnet cashgross block efficient | |
| Kirloskar Oil Engines Ltd | ₹31,889 cr | Unlock | levering upgross block efficient | |
| R R Kabel Ltd | ₹29,157 cr | Unlock | roce compounderearnings quality strongnet cashgross block efficient | |
| Shyam Metalics & Energy Ltd | ₹28,527 cr | Unlock | capex coming onlineearnings quality strongnet cashcapex intensity elevated | |
| PTC Industries Ltd | ₹26,665 cr | Unlock | capex coming onlinecyclical high volatilitycapex intensity elevated | |
| Timken India Ltd | ₹23,082 cr | Unlock | roce compounderearnings quality stronggross block efficient | |
| Grindwell Norton Ltd | ₹22,631 cr | Unlock | roce compounderearnings quality strongnet cashcyclical high volatility | |
| Carborundum Universal Ltd | ₹20,230 cr | Unlock | earnings quality strongnet cashcyclical high volatilitygross block efficient | |
| HBL Engineering Ltd | ₹19,268 cr | Unlock | capex coming onlineearnings quality strongnet cashcyclical high volatility | |
| Elgi Equipments Ltd | ₹17,969 cr | Unlock | roce compoundergross block efficient | |
| Inox India Ltd | ₹17,199 cr | Unlock | roce compoundernet cashgross block efficient | |
| Ratnamani Metals & Tubes Ltd | ₹16,542 cr | Unlock | net cashcyclical high volatilitygross block efficient | |
| Godawari Power & Ispat Ltd | ₹16,541 cr | Unlock | latent operating leverageearnings quality strongnet cash | |
| Jindal Saw Ltd | ₹16,496 cr | Unlock | earnings quality strongdeleveragingcyclical high volatility | |
| Garware Hi Tech Films Ltd | ₹16,496 cr | Unlock | cyclical high volatility | |
| Usha Martin Ltd | ₹15,540 cr | Unlock | net cashcyclical high volatilitygross block efficient | |
| Happy Forgings Ltd | ₹15,203 cr | Unlock | roce compounderearnings quality strongcapex intensity elevated | |
| Finolex Cables Ltd | ₹14,892 cr | Unlock | earnings quality weaknet cashcapex intensity elevatedgross block efficient | |
| KSB Ltd | ₹14,710 cr | Unlock | roce compounderearnings quality weakgross block efficient | |
| Kirloskar Brothers Ltd | ₹14,693 cr | Unlock | earnings quality strongnet cashcyclical high volatilitygross block efficient | |
| Gallantt Ispat Ltd. | ₹13,935 cr | Unlock | earnings quality strongcyclical high volatilitygross block efficient | |
| Shaily Engineering Plastics Ltd | ₹13,926 cr | Unlock | earnings quality strongcapex intensity elevated | |
| SKF India (Industrial) Ltd | ₹13,549 cr | Unlock | capex coming onlinegross block efficient | |
| Ingersoll-Rand (India) Ltd | ₹13,435 cr | Unlock | latent operating leverageroce compoundercyclical high volatilitygross block efficient | |
| Graphite India Ltd | ₹12,662 cr | Unlock | latent operating leveragenet cashcyclical high volatilitygross block efficient | |
| HEG Ltd | ₹12,507 cr | Unlock | cyclical high volatilitycapex intensity elevated | |
| Time Technoplast Ltd | ₹10,389 cr | Unlock | earnings quality stronggross block efficient | |
| Finolex Industries Ltd | ₹10,114 cr | Unlock | net cashcyclical high volatilitygross block efficient | |
| Kirloskar Pneumatic Company Ltd | ₹9,387 cr | Unlock | roce compoundernet cashgross block efficient | |
| Vesuvius India Ltd | ₹9,140 cr | Unlock | latent operating leveragegross block efficient | |
| Jayaswal Neco Industries Ltd | ₹8,642 cr | Unlock | earnings quality strongdeleveragingcyclical high volatilitygross block efficient | |
| Esab India Ltd | ₹8,574 cr | Unlock | roce compoundercapex intensity elevatedgross block efficient | |
| KRN Heat Exchanger and Refrigeration Ltd | ₹8,102 cr | Unlock | earnings quality weakcapex intensity elevated | |
| RHI Magnesita India Ltd | ₹8,074 cr | Unlock | net cashcyclical high volatility | |
| Borosil Renewables Ltd | ₹8,014 cr | Unlock | earnings quality strongcyclical high volatilitycapex intensity elevatedgross block efficient | |
| Maharashtra Seamless Ltd | ₹7,715 cr | Unlock | net cashcyclical peak basecyclical high volatilitycapex intensity elevated | |
| EPL Ltd | ₹7,591 cr | Unlock | earnings quality strong | |
| SKF India Ltd | ₹7,276 cr | Unlock | roce compoundercyclical high volatilitygross block efficient | |
| Precision Wires India Ltd | ₹6,836 cr | Unlock | latent operating leveragecapex coming onlineroce compounderearnings quality strong | |
| Kingfa Science & Technology (India) Ltd | ₹6,812 cr | Unlock | latent operating leverageearnings quality weakgross block efficient | |
| Shakti Pumps (India) Ltd | ₹6,409 cr | Unlock | earnings quality weakcyclical high volatilitygross block efficient | |
| Sunflag Iron & Steel Company Ltd | ₹6,391 cr | Unlock | net cashcyclical high volatilitygross block efficient | |
| Aeroflex Industries Ltd | ₹5,907 cr | Unlock | net cashcapex intensity elevated | |
| Technocraft Industries (India) Ltd | ₹5,870 cr | Unlock | roce compoundercapex intensity elevatedgross block efficient | |
| Raghav Productivity Enhancers Ltd | ₹5,803 cr | Unlock | latent operating leverageroce compoundernet cashcyclical high volatility | |
| KSH International Ltd | ₹5,752 cr | Unlock | roce compounderearnings quality weakgross block efficient | |
| Greaves Cotton Ltd | ₹5,544 cr | Unlock | earnings quality weakgross block efficient | |
| Balu Forge Industries Ltd | ₹5,326 cr | Unlock | latent operating leveragecapex coming onlineroce compoundernet cash | |
| Surya Roshni Ltd | ₹5,195 cr | Unlock | earnings quality strongnet cashcyclical high volatilitygross block efficient | |
| Subros Ltd | ₹5,079 cr | Unlock | earnings quality strongnet cashgross block efficient | |
| Goodluck India Ltd | ₹5,072 cr | Unlock | latent operating leverageroce compounderdeleveraginggross block efficient | |
| Bansal Wire Industries Ltd | ₹4,863 cr | Unlock | capex coming onlinegross block efficient | |
| CMR Green Technologies Ltd | ₹4,725 cr | Unlock | roce compounderearnings quality weakgross block efficient | |
| Universal Cables Ltd | ₹4,552 cr | Unlock | latent operating leveragecapex coming onlinelevering upcyclical high volatility | |
| AGI Greenpac Ltd | ₹4,512 cr | Unlock | roce compounderearnings quality strongnet cash | |
| Electrosteel Castings Ltd | ₹4,426 cr | Unlock | capex coming onlineearnings quality strongcapex ahead of revenuecyclical peak base | |
| Swaraj Engines Ltd | ₹4,325 cr | Unlock | capex coming onlineroce compoundercyclical high volatilitygross block efficient | |
| Shivalik Bimetal Controls Ltd | ₹4,210 cr | Unlock | roce compoundercyclical high volatilitygross block efficient | |
| V-Marc India Ltd | ₹4,035 cr | Unlock | ||
| Kalyani Steels Ltd | ₹3,966 cr | Unlock | latent operating leveragecapex coming onlineearnings quality strongcapex ahead of revenue | |
| Kirloskar Industries Ltd | ₹3,963 cr | Unlock | earnings quality strongcyclical high volatility | |
| Man Industries (India) Ltd | ₹3,957 cr | Unlock | capex coming onlineearnings quality strongcyclical high volatilitygross block efficient | |
| Oswal Pumps Ltd | ₹3,922 cr | Unlock | roce compounderearnings quality weak | |
| Harsha Engineers International Ltd | ₹3,721 cr | Unlock | earnings quality strongcapex intensity elevatedgross block efficient | |
| Polyplex Corporation Ltd | ₹3,578 cr | Unlock | earnings quality strongcyclical high volatility | |
| Sambhv Steel Tubes Ltd | ₹3,530 cr | Unlock | capex coming onlineearnings quality strongcapex intensity elevatedgross block efficient | |
| Welspun Specialty Solutions Ltd | ₹3,479 cr | Unlock | capex coming onlineearnings quality strongnet cashcyclical high volatility | |
| Venus Pipes & Tubes Ltd | ₹3,456 cr | Unlock | latent operating leveragecapex coming onlineroce compounderdeleveraging | |
| Uflex Ltd | ₹3,408 cr | Unlock | earnings quality stronglevering upcyclical high volatility | |
| XPRO India Ltd | ₹3,262 cr | Unlock | latent operating leveragecapex coming onlineearnings quality strongdeleveraging | |
| Apcotex Industries Ltd | ₹3,067 cr | Unlock | earnings quality strongcyclical high volatilitygross block efficient | |
| Steelcast Ltd | ₹3,034 cr | Unlock | roce compoundercyclical peak basecyclical high volatilitycapex intensity elevated | |
| TCPL Packaging Ltd | ₹2,925 cr | Unlock | earnings quality strongdeleveragingcyclical high volatility | |
| Prince Pipes & Fittings Ltd | ₹2,875 cr | Unlock | latent operating leverageearnings quality strongnet cashcyclical high volatility | |
| Vardhman Special Steels Ltd | ₹2,860 cr | Unlock | latent operating leveragenet cashcyclical high volatilitycapex intensity elevated | |
| JTL Industries Ltd | ₹2,819 cr | Unlock | latent operating leveragecapex coming onlinecyclical high volatilitygross block efficient | |
| Jindal Poly Films Ltd | ₹2,770 cr | Unlock | earnings quality weaklevering upcyclical peak basecyclical high volatility | |
| Ador Welding Ltd | ₹2,533 cr | Unlock | earnings quality strongnet cashcyclical high volatilitygross block efficient | |
| Pix Transmission Ltd | ₹2,382 cr | Unlock | roce compounderearnings quality strongnet cashcyclical high volatility | |
| Rhetan TMT Ltd | ₹2,356 cr | Unlock | latent operating leveragecapex coming onlineearnings quality weakcapex ahead of revenue | |
| Cosmo First Ltd | ₹2,341 cr | Unlock | earnings quality stronglevering upcyclical high volatilitycapex intensity elevated | |
| Huhtamaki India Ltd | ₹2,249 cr | Unlock | latent operating leverageearnings quality strongnet cashcyclical high volatility | |
| Mold-Tek Packaging Ltd | ₹2,193 cr | Unlock | earnings quality strongcyclical high volatilitycapex intensity elevated | |
| Apollo Pipes Ltd | ₹2,177 cr | Unlock | earnings quality strongcapex intensity elevated | |
| MSP Steel & Power Ltd | ₹2,046 cr | Unlock | deleveragingcyclical high volatilitygross block efficient | |
| Tinna Rubber & Infrastructure Ltd | ₹1,991 cr | Unlock | latent operating leverageroce compounderearnings quality strongdeleveraging | |
| Dynamic Cables Ltd | ₹1,914 cr | Unlock | capex coming onlineroce compoundernet cashgross block efficient | |
| Vidya Wires Ltd | ₹1,906 cr | Unlock | capex coming onlineroce compounderearnings quality weakgross block efficient | |
| Paramount Communications Ltd | ₹1,905 cr | Unlock | gross block efficient | |
| Monolithisch India Ltd | ₹1,791 cr | Unlock | roce compoundernet cashcapex intensity elevated | |
| Amic Forging Ltd | ₹1,791 cr | Unlock | capex coming onlineroce compounderearnings quality weaknet cash | |
| Jai Corp Ltd | ₹1,757 cr | Unlock | cyclical high volatilitygross block efficient |