Industrial Products sector
54 companies · ₹411.6 L cr · 20 with AI deep dives
5y revenue CAGR
median 12.78%(p25 4.19% · p75 20.29%)
5y avg ROCE
median 14.12%(p25 10.22% · p75 19.75%)
Debt / equity
median 0.28x(p25 0.12x · p75 0.67x)
AI sector brief
from the bucket's latest earnings calls · as of 2026-03-31tailwindBroad-based order book expansion signals strong near-term revenue visibility9 managements
Closing order books and order inflows for FY26 were materially higher year-on-year across the bucket. GMMPFAUDLR reported order intake +20% to ₹3,714 cr and opening backlog +34%…
- GMMPFAUDLR (Q4FY26): “We have an order intake this year of INR 3,714 crores versus INR 3,100 crores in the…”
headwind7 managements🔒headwind4 managements🔒tailwind5 managements🔒headwind5 managements🔒headwind3 managements🔒
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| Company | Mcap | AI verdict | Signals | Stated KPIs (latest call) |
|---|---|---|---|---|
| Max Alert Systems Ltd | ₹409.4 L cr | Unlock | cyclical high volatilitygross block efficient | |
| Honeywell Automation India Ltd | ₹33,200 cr | Unlock | gross block efficient | |
| Syrma SGS Technology Ltd | ₹25,195 cr | Unlock | gross block efficient | |
| Kaynes Technology India Ltd | ₹21,643 cr | Unlock | latent operating leveragecapex coming onlinecapex intensity elevated | |
| LMW Ltd | ₹16,934 cr | Unlock | earnings quality strongcyclical peak basecyclical high volatilitygross block efficient | |
| Lloyds Engineering Works Ltd | ₹13,509 cr | Unlock | earnings quality weaknet cashgross block efficient | |
| Tega Industries Ltd | ₹11,335 cr | Unlock | earnings quality strongnet cashcyclical high volatilitygross block efficient | |
| HMT Ltd | ₹7,320 cr | Unlock | cyclical high volatilitygross block efficient | |
| Dynamatic Technologies Ltd | ₹7,026 cr | Unlock | earnings quality strongdeleveragingcyclical high volatility | |
| Kennametal India Ltd | ₹6,347 cr | Unlock | earnings quality strongcyclical high volatilitygross block efficient | |
| Praj Industries Ltd | ₹5,560 cr | Unlock | latent operating leveragecyclical peak basecyclical high volatilitygross block efficient | |
| Cyient DLM Ltd | ₹5,423 cr | Unlock | gross block efficient | |
| Standard Engineering Technology Ltd | ₹5,366 cr | Unlock | earnings quality weaknet cashgross block efficient | |
| Centum Electronics Ltd | ₹5,086 cr | Unlock | deleveragingcyclical high volatilitygross block efficient | |
| DEE Development Engineers Ltd | ₹4,675 cr | Unlock | earnings quality weakdeleveragingcapex intensity elevated | |
| Hind Rectifiers Ltd | ₹4,482 cr | Unlock | roce compounderearnings quality stronggross block efficient | |
| Texmaco Rail & Engineering Ltd | ₹4,461 cr | Unlock | deleveragingcyclical high volatilitygross block efficient | |
| The Anup Engineering Ltd | ₹4,267 cr | Unlock | earnings quality weakcyclical high volatilitygross block efficient | |
| Spectrum Electrical Industries Ltd | ₹3,691 cr | Unlock | capex coming onlinecapex intensity elevated | |
| GMM Pfaudler Ltd | ₹3,654 cr | Unlock | earnings quality strongdeleveragingcyclical high volatilitygross block efficient | |
| Pitti Engineering Ltd | ₹3,445 cr | Unlock | latent operating leverageearnings quality strongdeleveragingcyclical high volatility | |
| Shanthi Gears Ltd | ₹3,215 cr | Unlock | roce compoundercyclical high volatilitygross block efficient | |
| HLE Glascoat Ltd | ₹2,899 cr | Unlock | earnings quality strongdeleveragingcyclical high volatilitygross block efficient | |
| Windsor Machines Ltd | ₹2,813 cr | Unlock | cyclical high volatilitycapex intensity elevatedgross block efficient | |
| JNK India Ltd | ₹2,607 cr | Unlock | gross block efficient | |
| Pennar Industries Ltd | ₹2,227 cr | Unlock | earnings quality stronglevering upcyclical high volatilitygross block efficient | |
| HPL Electric & Power Ltd | ₹2,147 cr | Unlock | earnings quality strongdeleveraginggross block efficient | |
| Honda India Power Products Ltd | ₹2,132 cr | Unlock | latent operating leveragecapex coming onlinecapex ahead of revenuecyclical high volatility | |
| Indian Hume Pipe Company Ltd | ₹1,970 cr | Unlock | cyclical high volatilitygross block efficient | |
| Walchandnagar Industries Ltd | ₹1,551 cr | Unlock | deleveragingcapital destroyercyclical high volatility | |
| Gala Precision Engineering Ltd | ₹1,423 cr | Unlock | earnings quality weakcapex intensity elevatedgross block efficient | |
| Kabra Extrusion Technik Ltd | ₹1,395 cr | Unlock | latent operating leveragecyclical peak basecyclical high volatility | |
| Everest Kanto Cylinder Ltd | ₹1,205 cr | Unlock | capex coming onlineearnings quality strongcapex ahead of revenuecyclical high volatility | |
| Eimco Elecon (India) Ltd | ₹1,034 cr | Unlock | earnings quality weaknet cashcyclical high volatilitygross block efficient | |
| Salasar Techno Engineering Ltd | ₹1,033 cr | Unlock | latent operating leverageearnings quality strongdeleveragingcyclical high volatility | |
| Mamata Machinery Ltd | ₹937 cr | Unlock | earnings quality strongnet cashgross block efficient | |
| Indef Manufacturing Ltd | ₹740 cr | Unlock | earnings quality weakcapex intensity elevatedgross block efficient | |
| Lokesh Machines Ltd | ₹720 cr | Unlock | latent operating leverageearnings quality stronglevering upcyclical high volatility | |
| Kanoria Chemicals & Industries Ltd | ₹699 cr | Unlock | deleveragingcapital destroyercyclical high volatility | |
| International Conveyors Ltd | ₹477 cr | Unlock | earnings quality weakcyclical high volatilitygross block efficient | |
| United Drilling Tools Ltd | ₹463 cr | Unlock | net cashcyclical high volatilitygross block efficient | |
| Gujarat Apollo Industries Ltd | ₹454 cr | Unlock | latent operating leveragenet cashcapital destroyercyclical high volatility | |
| Mazda Ltd | ₹437 cr | Unlock | cyclical high volatilitycapex intensity elevatedgross block efficient | |
| Hercules Investments Ltd | ₹372 cr | Unlock | earnings quality weakcapital destroyercapex intensity elevated | |
| Mahindra EPC Irrigation Ltd | ₹299 cr | Unlock | cyclical high volatilitygross block efficient | |
| TRF Ltd | ₹252 cr | Unlock | latent operating leverageearnings quality strongdeleveragingcyclical high volatility | |
| Rapicut Carbides Ltd | ₹133 cr | Unlock | cyclical high volatilitygross block efficient | |
| Atv Projects India Ltd | ₹122 cr | Unlock | cyclical high volatilitygross block underutilised | |
| Somi Conveyor Beltings Ltd | ₹114 cr | Unlock | earnings quality strongcyclical high volatilitygross block efficient | |
| Ducon Infratechnologies Ltd | ₹98 cr | Unlock | cyclical high volatilitygross block efficient | |
| Atam Valves Ltd | ₹76 cr | Unlock | deleveragingcyclical peak basecyclical high volatilitygross block efficient | |
| Manugraph India Ltd | ₹43 cr | Unlock | net cashcyclical high volatility | |
| Envair Electrodyne Ltd | ₹21 cr | Unlock | cyclical high volatility | |
| Gabion Technologies India Ltd | ₹0 cr | Unlock | roce compounder |