Industrial Products
509 companies · ₹14.0 L cr · 18 with AI deep dives
5y revenue CAGR
median 11.61%(p25 4.59% · p75 19.62%)
5y avg ROCE
median 14.92%(p25 7.49% · p75 21.24%)
Debt / equity
median 0.33x(p25 0.11x · p75 0.75x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-03-31headwindWest Asia conflict triggers widespread export disruption, freight-cost surge, and raw-material supply dislocation10 managements
Management at at least ten companies identified the Middle East/West Asia conflict — escalating sharply from late February 2026 — as a material operational headwind affecting Q4…
- APLAPOLLO (Q4FY26): “Things looked so good till 28th of February and then the Middle East crisis started…”
tailwind12 managements🔒headwind9 managements🔒tailwind7 managements🔒mixed8 managements🔒tailwind5 managements🔒headwind2 managements🔒headwind3 managements🔒
7 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) |
|---|---|---|---|---|
| Cummins India Ltd | ₹1.6 L cr | 🔒 unlock to view | roce compounderstory tensiongross block efficient | |
| Polycab India Ltd | ₹1.4 L cr | 🔒 unlock to view | capex coming onlineroce compounderearnings quality strongnet cash | |
| KEI Industries Ltd | ₹51,376 cr | 🔒 unlock to view | latent operating leveragecapex coming onlinenet cashgross block efficient | |
| APL Apollo Tubes Ltd | ₹50,534 cr | 🔒 unlock to view | roce compounderearnings quality strongnet cashgross block efficient | |
| Supreme Industries Ltd | ₹44,459 cr | 🔒 unlock to view | roce compoundermargin under pressureearnings quality stronggross block efficient | |
| Astral Ltd | ₹40,381 cr | - | roce compoundermargin under pressureearnings quality strongnet cash | |
| AIA Engineering Ltd | ₹40,174 cr | - | cyclical peak basestory tensioncyclical high volatilitygross block efficient | |
| Welspun Corp Ltd | ₹36,904 cr | - | earnings quality strongcyclical high volatilitygross block efficient | |
| PTC Industries Ltd | ₹27,886 cr | - | capex coming onlinemargin under pressurecyclical high volatilitycapex intensity elevated | |
| Kirloskar Oil Engines Ltd | ₹27,639 cr | 🔒 unlock to view | levering upstory tensiongross block efficient | |
| Shyam Metalics & Energy Ltd | ₹27,310 cr | 🔒 unlock to view | capex coming onlinemargin under pressureearnings quality strongnet cash | |
| Timken India Ltd | ₹26,514 cr | - | roce compounderearnings quality stronggross block efficient | |
| R R Kabel Ltd | ₹24,510 cr | 🔒 unlock to view | roce compounderearnings quality strongnet cashgross block efficient | |
| HBL Engineering Ltd | ₹21,469 cr | 🔒 unlock to view | capex coming onlineearnings quality strongnet cashcyclical high volatility | |
| Grindwell Norton Ltd | ₹21,369 cr | - | roce compoundermargin under pressureearnings quality strongnet cash | |
| Carborundum Universal Ltd | ₹19,988 cr | - | margin under pressureearnings quality strongnet cashcyclical high volatility | |
| Elgi Equipments Ltd | ₹19,110 cr | - | roce compoundergross block efficient | |
| Godawari Power & Ispat Ltd | ₹18,597 cr | 🔒 unlock to view | latent operating leveragemargin under pressureearnings quality strongnet cash | |
| Ratnamani Metals & Tubes Ltd | ₹18,084 cr | - | net cashcyclical high volatilitygross block efficient | |
| Inox India Ltd | ₹16,374 cr | - | roce compoundernet cashgross block efficient | |
| Gallantt Ispat Ltd. | ₹15,838 cr | - | earnings quality strongcyclical high volatilitygross block efficient | |
| Finolex Cables Ltd | ₹15,829 cr | - | margin under pressureearnings quality weaknet cashcapex intensity elevated | |
| Jindal Saw Ltd | ₹15,259 cr | - | earnings quality strongdeleveragingcyclical high volatility | |
| Usha Martin Ltd | ₹14,835 cr | - | net cashstory tensioncyclical high volatilitygross block efficient | |
| KSB Ltd | ₹14,672 cr | - | roce compounderearnings quality weakgross block efficient | |
| Garware Hi Tech Films Ltd | ₹14,265 cr | 🔒 unlock to view | cyclical high volatility | |
| Kirloskar Brothers Ltd | ₹13,738 cr | - | earnings quality strongnet cashcyclical high volatilitygross block efficient | |
| Shaily Engineering Plastics Ltd | ₹13,670 cr | - | earnings quality strongcapex intensity elevated | |
| Ingersoll-Rand (India) Ltd | ₹13,075 cr | - | latent operating leverageroce compoundercyclical high volatilitygross block efficient | |
| Graphite India Ltd | ₹12,610 cr | - | latent operating leveragemargin under pressurenet cashcyclical high volatility | |
| Happy Forgings Ltd | ₹12,551 cr | - | roce compounderearnings quality strongcapex intensity elevated | |
| SKF India (Industrial) Ltd | ₹11,914 cr | - | capex coming onlinegross block efficient | |
| Finolex Industries Ltd | ₹10,747 cr | - | margin under pressurenet cashstory tensioncyclical high volatility | |
| Kirloskar Pneumatic Company Ltd | ₹10,406 cr | 🔒 unlock to view | roce compoundernet cashgross block efficient | |
| HEG Ltd | ₹10,189 cr | - | margin under pressurecyclical high volatilitycapex intensity elevated | |
| Vesuvius India Ltd | ₹9,234 cr | - | latent operating leveragegross block efficient | |
| Jayaswal Neco Industries Ltd | ₹8,836 cr | - | margin under pressureearnings quality strongdeleveragingstory tension | |
| Esab India Ltd | ₹8,828 cr | - | roce compoundercapex intensity elevatedgross block efficient | |
| Time Technoplast Ltd | ₹8,416 cr | 🔒 unlock to view | earnings quality stronggross block efficient | |
| Maharashtra Seamless Ltd | ₹8,281 cr | - | net cashcyclical peak basecyclical high volatilitycapex intensity elevated | |
| SKF India Ltd | ₹7,875 cr | - | roce compoundercyclical high volatilitygross block efficient | |
| KRN Heat Exchanger and Refrigeration Ltd | ₹7,839 cr | 🔒 unlock to view | earnings quality weakcapex intensity elevated | |
| Borosil Renewables Ltd | ₹7,623 cr | 🔒 unlock to view | earnings quality strongcyclical high volatilitycapex intensity elevatedgross block efficient | |
| RHI Magnesita India Ltd | ₹7,591 cr | - | net cashcyclical high volatility | |
| EPL Ltd | ₹7,178 cr | - | earnings quality strongstory tension | |
| Precision Wires India Ltd | ₹7,130 cr | - | latent operating leveragecapex coming onlineroce compounderearnings quality strong | |
| Kingfa Science & Technology (India) Ltd | ₹6,898 cr | - | latent operating leverageearnings quality weakstory tensiongross block efficient | |
| Shakti Pumps (India) Ltd | ₹6,657 cr | - | earnings quality weakcyclical high volatilitygross block efficient | |
| Sunflag Iron & Steel Company Ltd | ₹6,329 cr | - | margin under pressurenet cashcyclical high volatilitygross block efficient | |
| Aeroflex Industries Ltd | ₹5,947 cr | - | net cashcapex intensity elevated | |
| Surya Roshni Ltd | ₹5,702 cr | 🔒 unlock to view | earnings quality strongnet cashcyclical high volatilitygross block efficient | |
| Technocraft Industries (India) Ltd | ₹5,689 cr | - | roce compoundercapex intensity elevatedgross block efficient | |
| KSH International Ltd | ₹5,536 cr | - | roce compounderearnings quality weakgross block efficient | |
| Raghav Productivity Enhancers Ltd | ₹5,468 cr | - | latent operating leverageroce compoundernet cashstory tension | |
| Balu Forge Industries Ltd | ₹5,161 cr | - | latent operating leveragecapex coming onlineroce compoundernet cash | |
| Bansal Wire Industries Ltd | ₹4,759 cr | - | capex coming onlinegross block efficient | |
| Subros Ltd | ₹4,736 cr | - | earnings quality strongnet cashgross block efficient | |
| Oswal Pumps Ltd | ₹4,552 cr | 🔒 unlock to view | roce compounderearnings quality weak | |
| Swaraj Engines Ltd | ₹4,502 cr | - | capex coming onlineroce compoundercyclical high volatilitygross block efficient | |
| Electrosteel Castings Ltd | ₹4,421 cr | - | capex coming onlineearnings quality strongcapex ahead of revenuecyclical peak base | |
| Goodluck India Ltd | ₹4,371 cr | 🔒 unlock to view | latent operating leverageroce compounderdeleveraginggross block efficient | |
| Greaves Cotton Ltd | ₹4,315 cr | - | earnings quality weakgross block efficient | |
| AGI Greenpac Ltd | ₹4,154 cr | - | roce compounderearnings quality strongnet cash | |
| Man Industries (India) Ltd | ₹4,096 cr | - | capex coming onlineearnings quality strongcyclical high volatilitygross block efficient | |
| Universal Cables Ltd | ₹4,067 cr | - | latent operating leveragecapex coming onlinelevering upcyclical high volatility | |
| Shivalik Bimetal Controls Ltd | ₹4,029 cr | - | roce compoundermargin under pressurecyclical high volatilitygross block efficient | |
| Harsha Engineers International Ltd | ₹3,663 cr | - | earnings quality strongstory tensioncapex intensity elevatedgross block efficient | |
| Kalyani Steels Ltd | ₹3,497 cr | - | latent operating leveragecapex coming onlineearnings quality strongcapex ahead of revenue | |
| Welspun Specialty Solutions Ltd | ₹3,485 cr | - | capex coming onlineearnings quality strongnet cashcyclical high volatility | |
| V-Marc India Ltd | ₹3,419 cr | - | ||
| Jindal Poly Films Ltd | ₹3,305 cr | - | earnings quality weaklevering upcyclical peak basecyclical high volatility | |
| Kirloskar Industries Ltd | ₹3,293 cr | - | earnings quality strongcyclical high volatility | |
| Sambhv Steel Tubes Ltd | ₹3,212 cr | 🔒 unlock to view | capex coming onlineearnings quality strongcapex intensity elevatedgross block efficient | |
| Prince Pipes & Fittings Ltd | ₹3,063 cr | - | latent operating leveragemargin under pressureearnings quality strongnet cash | |
| Uflex Ltd | ₹3,011 cr | - | margin under pressureearnings quality stronglevering upcyclical high volatility | |
| JTL Industries Ltd | ₹2,940 cr | - | latent operating leveragecapex coming onlinemargin under pressurecyclical high volatility | |
| Venus Pipes & Tubes Ltd | ₹2,919 cr | - | latent operating leveragecapex coming onlineroce compounderdeleveraging | |
| Steelcast Ltd | ₹2,902 cr | - | roce compoundercyclical peak basecyclical high volatilitycapex intensity elevated | |
| Polyplex Corporation Ltd | ₹2,832 cr | - | margin under pressureearnings quality strongcyclical high volatility | |
| XPRO India Ltd | ₹2,826 cr | - | latent operating leveragecapex coming onlineearnings quality strongdeleveraging | |
| Apcotex Industries Ltd | ₹2,765 cr | 🔒 unlock to view | margin under pressureearnings quality strongcyclical high volatilitygross block efficient | |
| Vardhman Special Steels Ltd | ₹2,659 cr | - | capex coming onlineearnings quality strongcapex intensity elevatedgross block efficient | |
| Rhetan TMT Ltd | ₹2,391 cr | - | latent operating leveragecapex coming onlineearnings quality weakcapex ahead of revenue | |
| MSP Steel & Power Ltd | ₹2,368 cr | - | deleveragingcyclical high volatilitygross block efficient | |
| TCPL Packaging Ltd | ₹2,284 cr | - | earnings quality strongdeleveragingcyclical high volatility | |
| Mold-Tek Packaging Ltd | ₹2,216 cr | - | earnings quality strongcyclical high volatilitycapex intensity elevated | |
| Apollo Pipes Ltd | ₹2,180 cr | 🔒 unlock to view | earnings quality strongcapex intensity elevated | |
| Pix Transmission Ltd | ₹2,177 cr | - | roce compounderearnings quality strongnet cashcyclical high volatility | |
| Ador Welding Ltd | ₹2,024 cr | 🔒 unlock to view | earnings quality strongnet cashcyclical high volatilitygross block efficient | |
| Jai Corp Ltd | ₹1,976 cr | - | cyclical high volatilitygross block efficient | |
| Paramount Communications Ltd | ₹1,963 cr | - | gross block efficient | |
| Belding India Ltd | ₹1,935 cr | - | capex coming onlinenet cash | |
| Cosmo First Ltd | ₹1,911 cr | - | margin under pressureearnings quality stronglevering upcyclical high volatility | |
| Vidya Wires Ltd | ₹1,895 cr | - | capex coming onlineroce compounderearnings quality weakgross block efficient | |
| Hi-Tech Pipes Ltd | ₹1,813 cr | - | margin under pressuregross block efficient | |
| Amic Forging Ltd | ₹1,732 cr | - | capex coming onlineroce compounderearnings quality weaknet cash | |
| Wendt India Ltd | ₹1,546 cr | - | latent operating leveragecyclical high volatilitygross block efficient | |
| Tinna Rubber & Infrastructure Ltd | ₹1,532 cr | - | latent operating leverageroce compounderearnings quality strongdeleveraging | |
| Dynamic Cables Ltd | ₹1,531 cr | - | capex coming onlineroce compoundernet cashgross block efficient | |
| Electrotherm (India) Ltd | ₹1,509 cr | - | earnings quality strongcyclical high volatilitygross block efficient |