Capital Goods sector
593 companies · ₹1250255.6 L cr · 41 with AI deep dives
5y revenue CAGR
median 11.1%(p25 2.46% · p75 21.11%)
5y avg ROCE
median 15.51%(p25 7.48% · p75 22.81%)
Debt / equity
median 0.34x(p25 0.15x · p75 0.7x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-06-30headwindGeopolitically-driven commodity cost inflation is a near-universal margin headwind10 managements
Across CVs, transformers, solar modules, specialty steel, pumps, and pre-engineered buildings, managements cited rising steel, aluminium, copper, silver, transformer oil, and…
- TMCV (Q4FY26): “the commodity headwinds are certainly serious, and we've already seen around 100 basis…”
tailwind9 managements🔒headwind5 managements🔒mixed7 managements🔒headwind5 managements🔒headwind4 managements🔒tailwind5 managements🔒mixed4 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) |
|---|---|---|---|---|
| Inox Wind Energy Ltd | ₹1241074.7 L cr | Unlock | deleveragingcyclical high volatilitycapex intensity elevated | |
| Tayo Rolls Ltd | ₹9173.3 L cr | Unlock | gross block underutilised | |
| Tata Motors Ltd | ₹1.5 L cr | Unlock | roce compounderearnings quality stronggross block efficient | |
| Siemens Energy India Ltd | ₹1.1 L cr | Unlock | roce compounderearnings quality stronggross block efficient | |
| Waaree Energies Ltd | ₹77,526 cr | Unlock | capex coming onlineroce compoundercapex intensity elevatedgross block efficient | |
| Aditya Infotech Ltd | ₹40,305 cr | Unlock | roce compounderearnings quality weaknet cashgross block efficient | |
| Emmvee Photovoltaic Power Ltd | ₹22,754 cr | Unlock | roce compounderearnings quality weaknet cashcapex intensity elevated | |
| Jyoti CNC Automation Ltd | ₹18,330 cr | Unlock | roce compoundercapex intensity elevatedgross block efficient | |
| Aequs Ltd | ₹15,368 cr | Unlock | capex intensity elevated | |
| SKF India (Industrial) Ltd | ₹13,549 cr | Unlock | capex coming onlinegross block efficient | |
| Swan Defence and Heavy Industries Ltd | ₹12,649 cr | Unlock | levering upcyclical high volatilitycapex intensity elevatedgross block underutilised | |
| Atlanta Electricals Ltd | ₹11,797 cr | Unlock | roce compoundernet cashgross block efficient | |
| Fujiyama Power Systems Ltd | ₹11,730 cr | Unlock | capex coming onlineroce compounderearnings quality weakcapex intensity elevated | |
| Waaree Renewable Technologies Ltd | ₹9,635 cr | Unlock | capex coming onlineroce compoundernet cashgross block efficient | |
| Omnitech Engineering Ltd | ₹7,387 cr | Unlock | roce compounderearnings quality weakcapex intensity elevated | |
| Powerica Ltd | ₹6,952 cr | Unlock | earnings quality strongcapex intensity elevatedgross block efficient | |
| Vikram Solar Ltd | ₹6,450 cr | Unlock | capex coming onlineroce compounderearnings quality strongnet cash | |
| 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 | |
| Saatvik Green Energy Ltd | ₹5,542 cr | Unlock | capex coming onlineroce compounderearnings quality weakcapex intensity elevated | |
| Balu Forge Industries Ltd | ₹5,326 cr | Unlock | latent operating leveragecapex coming onlineroce compoundernet cash | |
| Shilchar Technologies Ltd | ₹5,050 cr | Unlock | roce compoundergross block efficient | |
| CMR Green Technologies Ltd | ₹4,725 cr | Unlock | roce compounderearnings quality weakgross block efficient | |
| John Cockerill India Ltd | ₹4,325 cr | Unlock | earnings quality strongcyclical high volatilitygross block efficient | |
| WPIL Ltd | ₹4,268 cr | Unlock | cyclical high volatilitygross block efficient | |
| Avantel Ltd | ₹4,250 cr | Unlock | latent operating leveragecyclical high volatilitycapex intensity elevated | |
| V-Marc India Ltd | ₹4,035 cr | Unlock | ||
| Oswal Pumps Ltd | ₹3,922 cr | Unlock | roce compounderearnings quality weak | |
| Marine Electricals (India) Ltd | ₹3,765 cr | Unlock | gross block efficient | |
| Sambhv Steel Tubes Ltd | ₹3,530 cr | Unlock | capex coming onlineearnings quality strongcapex intensity elevatedgross block efficient | |
| Ravindra Energy Ltd | ₹3,487 cr | Unlock | latent operating leverageearnings quality stronglevering upcyclical high volatility | |
| Welspun Specialty Solutions Ltd | ₹3,479 cr | Unlock | capex coming onlineearnings quality strongnet cashcyclical high volatility | |
| Rossell Techsys Ltd | ₹3,456 cr | Unlock | roce compoundergross block efficient | |
| Jash Engineering Ltd | ₹3,190 cr | Unlock | gross block efficient | |
| Oriana Power Ltd | ₹2,859 cr | Unlock | roce compounderearnings quality strongdeleveragingcapex intensity elevated | |
| Yash Highvoltage Ltd | ₹2,616 cr | Unlock | capex coming onlineroce compounderearnings quality weakcapex intensity elevated | |
| EPack Prefab Technologies Ltd | ₹2,548 cr | Unlock | roce compounderearnings quality stronggross block efficient | |
| Concord Control Systems Ltd | ₹2,520 cr | Unlock | latent operating leverageroce compoundergross block efficient | |
| Advait Energy Transitions Limited | ₹2,509 cr | Unlock | capex coming onlineroce compoundergross block efficient | |
| Kilburn Engineering Ltd | ₹2,437 cr | Unlock | roce compoundergross block efficient | |
| Sika Interplant Systems Ltd | ₹2,389 cr | Unlock | cyclical high volatilitygross block efficient | |
| Rhetan TMT Ltd | ₹2,356 cr | Unlock | latent operating leveragecapex coming onlineearnings quality weakcapex ahead of revenue | |
| Modern Insulators Ltd | ₹2,263 cr | Unlock | cyclical high volatilitygross block efficient | |
| NIBE Ltd | ₹2,233 cr | Unlock | capex coming onlinedeleveragingcapex intensity elevated | |
| Servotech Renewable Power System Ltd | ₹2,103 cr | Unlock | latent operating leveragelevering upcyclical high volatilitygross block efficient | |
| Jaykay Enterprises Ltd | ₹2,102 cr | Unlock | capex coming onlinenet cashcyclical high volatilitycapex intensity elevated | |
| Alpex Solar Ltd | ₹2,084 cr | Unlock | capex coming onlineroce compounderearnings quality weakgross block efficient | |
| Thejo Engineering Ltd | ₹2,069 cr | Unlock | earnings quality strongnet cashgross block efficient | |
| Tinna Rubber & Infrastructure Ltd | ₹1,991 cr | Unlock | latent operating leverageroce compounderearnings quality strongdeleveraging | |
| Cff Fluid Control Ltd | ₹1,948 cr | Unlock | roce compoundernet cashcapex intensity elevatedgross block efficient | |
| Vidya Wires Ltd | ₹1,906 cr | Unlock | capex coming onlineroce compounderearnings quality weakgross block efficient | |
| Marsons Ltd | ₹1,888 cr | Unlock | roce compounderearnings quality weaknet cashgross block efficient | |
| Krishna Defence & Allied Industries Ltd | ₹1,812 cr | Unlock | roce compounderearnings quality strongnet cashgross 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 | |
| Disa India Ltd | ₹1,788 cr | Unlock | capex coming onlineroce compoundercyclical high volatilitygross block efficient | |
| Kp Green Engineering Ltd | ₹1,655 cr | Unlock | roce compoundercapex intensity elevatedgross block efficient | |
| Danish Power Ltd | ₹1,577 cr | Unlock | roce compounderearnings quality weak | |
| Vinyas Innovative Technologies Ltd | ₹1,569 cr | Unlock | roce compounderearnings quality weakgross block efficient | |
| Divine Power Energy Ltd | ₹1,426 cr | Unlock | roce compounderearnings quality weakgross block efficient | |
| Belding India Ltd | ₹1,398 cr | Unlock | capex coming onlinenet cashcapex intensity elevatedgross block underutilised | |
| ICE Make Refrigeration Ltd | ₹1,357 cr | Unlock | latent operating leveragelevering upgross block efficient | |
| Indosolar Ltd | ₹1,324 cr | Unlock | gross block efficient | |
| Macpower CNC Machines Ltd | ₹1,298 cr | Unlock | earnings quality weaknet cashgross block efficient | |
| Shree Refrigerations Ltd | ₹1,237 cr | Unlock | capex coming onlinecapex intensity elevatedgross block efficient | |
| Bmw Industries Ltd | ₹1,205 cr | Unlock | capex coming onlineearnings quality strongdeleveragingcapex ahead of revenue | |
| Rajputana Stainless Ltd | ₹1,165 cr | Unlock | roce compoundergross block efficient | |
| Cosmic Crf Ltd | ₹1,164 cr | Unlock | earnings quality weakcapex intensity elevated | |
| Mangalam Worldwide Ltd | ₹1,103 cr | Unlock | roce compoundergross block efficient | |
| Tembo Global Industries Ltd | ₹1,061 cr | Unlock | capex coming onlineroce compounderdeleveraginggross block efficient | |
| Emkay Tools Ltd | ₹1,025 cr | Unlock | roce compoundergross block efficient | |
| Indo Smc Ltd | ₹1,023 cr | Unlock | roce compounderearnings quality weakgross block efficient | |
| Investment & Precision Castings Ltd | ₹1,006 cr | Unlock | earnings quality strongdeleveragingcyclical high volatility | |
| Prizor Viztech Ltd | ₹1,004 cr | Unlock | roce compounderearnings quality weakcapex intensity elevated | |
| Solex Energy Ltd | ₹987 cr | Unlock | roce compounderearnings quality stronggross block efficient | |
| Hindusthan Insulators & Industries Ltd | ₹954 cr | Unlock | cyclical high volatility | |
| Tirupati Forge Ltd | ₹953 cr | Unlock | latent operating leveragecapex coming onlineearnings quality strongcyclical high volatility | |
| Rajoo Engineers Ltd | ₹931 cr | Unlock | earnings quality strongnet cashcapex intensity elevated | |
| Uni-abex Alloy Products Ltd | ₹928 cr | Unlock | roce compounderearnings quality weaknet cashgross block efficient | |
| Neueon Corporation Ltd | ₹890 cr | Unlock | cyclical high volatilitygross block underutilised | |
| Scoda Tubes Ltd | ₹875 cr | Unlock | earnings quality weakcapex intensity elevatedgross block efficient | |
| India Homes Ltd | ₹875 cr | Unlock | levering upcyclical high volatilitygross block underutilised | |
| Vilas Transcore Ltd | ₹856 cr | Unlock | earnings quality weak | |
| Bajaj Steel Industries Ltd | ₹847 cr | Unlock | latent operating leveragecyclical high volatility | |
| Mangal Electrical Industries Ltd | ₹805 cr | Unlock | earnings quality weaknet cashgross block efficient | |
| Sahasra Electronic Solutions Ltd | ₹800 cr | Unlock | capex intensity elevated | |
| Beekay Steel Industries Ltd | ₹788 cr | Unlock | latent operating leverageearnings quality strongdeleveragingcyclical high volatility | |
| R M Drip & Sprinklers Systems Ltd | ₹766 cr | Unlock | roce compoundergross block efficient | |
| Airfloa Rail Technology Ltd | ₹766 cr | Unlock | roce compounderearnings quality weakgross block efficient | |
| Taneja Aerospace & Aviation Ltd | ₹760 cr | Unlock | earnings quality strongcyclical high volatilitygross block underutilised | |
| Baheti Recycling Industries Ltd | ₹737 cr | Unlock | roce compoundergross block efficient | |
| Oriental Rail Infrastructure Ltd | ₹736 cr | Unlock | deleveragingcyclical high volatilitygross block efficient | |
| Permanent Magnets Ltd | ₹734 cr | Unlock | earnings quality stronggross block efficient | |
| Foseco Crucible India Ltd | ₹733 cr | Unlock | earnings quality strongcyclical high volatilitygross block efficient | |
| Commercial Syn Bags Ltd | ₹727 cr | Unlock | earnings quality strongdeleveragingcyclical high volatilitygross block efficient | |
| Spel Semiconductor Ltd | ₹722 cr | Unlock | latent operating leveragelevering upcapital destroyercyclical high volatility | |
| Prostarm Info Systems Ltd | ₹716 cr | Unlock | capex coming onlinegross block efficient | |
| Forbes Precision Tools & Machine Parts Ltd | ₹675 cr | Unlock | roce compounderearnings quality strongnet cashcapex intensity elevated | |
| Axtel Industries Ltd | ₹667 cr | Unlock | latent operating leverageroce compounderearnings quality strongcyclical high volatility | |
| Jtl Defence Ltd | ₹665 cr | Unlock | latent operating leveragecyclical high volatilitygross block underutilised |