Industrial Manufacturing sector

Industry analysis

Industrial Products

Read from what its listed companies are showing. Valuations are compared within this industry.

Improving

186 listed companies · ₹ 4,26,128 Cr. total market value
  • ▲63% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 9.4%. 22% made a loss.
  • ▲6 credit rating upgrades and no downgrades in the last 90 days.
  • –52 good and 7 bad company announcements, including 13 big orders won (read since 6 Oct 2026; not counted until there is a month of them).
  • ●The typical share is down 3.4% in 3 months; 45% of shares trade above their 200-day average (their usual level).
  • –Typical P/E 29.9, 10% above these companies' usual level (pricier than normal).
  • –Raised ₹ 699 Cr. by issuing shares (8 issues) in 90 days; 3 more fund raises on the way.

▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.

In charts

Share prices over the last year

The typical Industrial Products share against the typical share on the market, both starting at 100. Now 90 vs 83.

Is growth speeding up or slowing down?

The typical company's sales and profit growth against the same quarter a year earlier.

Price against growth

Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.

Cheaper than peers

Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.

Cheaper than peers
Details
HPL Electric & Power
HPL
15.9 vs 29.947% cheaper+34.5% / +5.6%₹ 1,473.26 Cr.
United Drilling Tools
UNIDT
17.7 vs 29.941% cheaper+7.7% / +42.6%₹ 361.05 Cr.

Cheaper than peers across the whole market

Leaders and laggards

Warning signs

  1. Auri Grow India LimitedInsolvency case
  2. Pitti EngineeringAction by a regulator

Companies

The 150 largest of 186, by market value. Click a column to sort.

Industrial Products companies
Signs (90 days)
INDO-MIM Ltd
INDOMIM
Industrial Products₹ 54,392.9 Cr.——92.5—
Aditya Infotech
CPPLUS
Industrial Products₹ 45,772.76 Cr.+89.5%+330.3%102.2+16.2%
Honeywell Automation India
HONAUT
Industrial Products₹ 27,754.36 Cr.+1.8%+20.8%47.2−23.6%
Strong results
Syrma SGS Technology
SYRMA
Industrial Products₹ 27,660.57 Cr.+68.3%+112%74.4+16.3%
Kaynes Technology India
KAYNES
Industrial Products₹ 21,387.07 Cr.+40.6%−25.3%60.8−13.7%
Jyoti CNC Automation
JYOTICNC
Industrial Products₹ 20,304.34 Cr.+23.9%−19.7%65.7+13%
Rating outlook raised
Tulive Developers Limited
505285
Industrial Products₹ 19,445.61 Cr.—Loss49.2—
LMW
LMW
Industrial Products₹ 16,944.52 Cr.+37.7%+73.2%82.2−0.3%
Strong results
Tega Industries
TEGA
Industrial Products₹ 12,918.83 Cr.+384%Loss85.6+15.8%
Lloyds Engineering Works
LLOYDSENGG
Industrial Products₹ 12,512.49 Cr.+142.9%+126.7%58.2−6.7%
Dynamatic Technologies
DYNAMATECH
Industrial Products₹ 8,338.38 Cr.+14.6%+90.9%132+18.2%
Kennametal India
KENNAMET
Industrial Products₹ 7,908.58 Cr.+48%+187.1%70.8+31%
Omnitech Engineering Ltd
OMNI
Industrial Products₹ 7,855.38 Cr.+62.1%+500%85.6+20.6%
HMT
HMT
Industrial Products₹ 7,658.29 Cr.+16%Loss11.8−12.2%
Raymond
RAYMOND
Industrial Products₹ 7,083.44 Cr.+15.6%−99.4%42.1+77.6%
Strong results
Standard Engineering Technology Ltd
SETL
Industrial Products₹ 6,655.3 Cr.+43.4%+28.6%90.2+47.1%
Lohia Corp Ltd
LCL
Industrial Products₹ 6,094.85 Cr.——31.8—
Spectrum Electrical Industries
SPECTRUM
Industrial Products₹ 5,672.69 Cr.+83.5%+116.7%127.7+59.2%
Credit rating raised
Marine Electricals (India)
MARINE
Industrial Products₹ 5,441.22 Cr.+55.1%+50%89.8+57.3%
Big order won
Praj Industries
PRAJIND
Industrial Products₹ 4,613.71 Cr.+11.9%+140%92−18.3%
Tempsens Instruments (India) Ltd
TEMPSENS
Industrial Products₹ 4,061.27 Cr.——61—
DEE Development Engineers
DEEDEV
Industrial Products₹ 4,031.86 Cr.+31.3%+23.1%50.2−16.9%
Big order won
WPIL
WPIL
Industrial Products₹ 3,909.17 Cr.+32.2%+126.9%22.9−8%
Shanthi Gears
SHANTIGEAR
Industrial Products₹ 3,702.91 Cr.−14.4%−56.6%61.1+17.3%
Hind Rectifiers
HIRECT
Industrial Products₹ 3,500.83 Cr.+20.3%−49.1%90.2−23.7%
Aimtron Electronics
AIMTRON
Industrial Products₹ 3,470.66 Cr.——75+19.3%
Pitti Engineering
PITTIENG
Industrial Products₹ 3,431.3 Cr.+20.9%−15%26.3−7.5%
Strong resultsAction by a regulator
John Cockerill India
COCKERILL
Industrial Products₹ 3,342.71 Cr.+35.3%Loss160.1−20.7%
Jash Engineering
JASH
Industrial Products₹ 3,071.29 Cr.+17.5%—36.7+1.9%
Big order won
Windsor Machines
WINDMACHIN
Industrial Products₹ 2,906.17 Cr.+31.3%Loss59.9−1.5%
HLE Glascoat
HLEGLAS
Industrial Products₹ 2,535.1 Cr.+5.9%−88.5%73.4−2.1%
Kilburn Engineering
KLBRENG-B
Industrial Products₹ 2,497.74 Cr.−9.3%−38.1%27.2−2.5%
Concord Control Systems
543619
Industrial Products₹ 2,462.11 Cr.+268.6%+257.1%58.7−2.3%
EPack Prefab Technologies
EPACKPEB
Industrial Products₹ 2,169.99 Cr.+24.1%+12.5%23.2−17%
Pennar Industries
PENIND
Industrial Products₹ 2,159.61 Cr.+2.8%+9.4%14.8−7.7%
MV Electrosystems Ltd
MVELECTRO
Industrial Products₹ 2,150.69 Cr.—Loss——
JNK India
JNKINDIA
Industrial Products₹ 2,094.82 Cr.+81.6%+752.2%29.6−13.1%
Rating outlook raised
Thejo Engineering
THEJO
Industrial Products₹ 2,076.32 Cr.+30.9%+50%35.9+0.3%
Honda India Power Products
HONDAPOWER
Industrial Products₹ 1,825.15 Cr.+21.9%+22.2%24.7−16.7%
Macpower CNC Machines
MACPOWER
Industrial Products₹ 1,769.34 Cr.+56.1%+110.1%45.1+37.4%
Strong results
Vinyas Innovative Technologies
VINYAS
Industrial Products₹ 1,761.86 Cr.+67.8%+120%57.9+15.6%
Big order won
DISA India
DISAQ
Industrial Products₹ 1,643.51 Cr.−14.7%−15.4%31.3−6.2%
HPL Electric & Power
HPL
Industrial Products₹ 1,473.26 Cr.+34.5%+5.6%15.9−29.8%
Gala Precision Engineering
GALAPREC
Industrial Products₹ 1,296.26 Cr.+19.5%+25.4%35.4−3.2%
Walchandnagar Industries
WALCHANNAG
Industrial Products₹ 1,275.86 Cr.+83.8%—51.5−15.4%
Prizor Viztech
PRIZOR
Industrial Products₹ 1,273.95 Cr.——66.7+55.9%
Strong results
Eimco Elecon (India)
EIMCOELECO
Industrial Products₹ 1,250.77 Cr.+70.9%+46.4%32.1+19.7%
Strong results
Emkay Tools
ETL
Industrial Products₹ 1,159.49 Cr.——19.7+9.8%
Everest Kanto Cylinder
EKC
Industrial Products₹ 1,102.44 Cr.−10.6%−42.3%8.3−8.3%
Airfloa Rail Technology
544516
Industrial Products₹ 1,087.33 Cr.——29+48.2%
Rajoo Engineers
RAJOOENG
Industrial Products₹ 1,029.22 Cr.+10.5%−41.4%21.6+2%
Ice Make Refrigeration
ICEMAKE
Industrial Products₹ 987.26 Cr.+57.4%Loss96.9−21.7%
Mamata Machinery
MAMATA
Industrial Products₹ 945.23 Cr.−6.2%Loss83.7−3.7%
Lokesh Machines
LOKESHMACH
Industrial Products₹ 749.39 Cr.+15.4%+119.6%189.1+15.1%
Kalyani Cast-Tech
544023
Industrial Products₹ 737.61 Cr.+28.9%+100%55.3+48.8%
Merritronix Ltd
544773
Industrial Products₹ 712.61 Cr.——44.2+15.6%
L. T. Elevator Ltd
544518
Industrial Products₹ 695.83 Cr.——40.5+25.1%
Patil Automation
PATILAUTOM
Industrial Products₹ 692.48 Cr.——40+80.2%
Forbes Precision Tools and Machine Parts Ltd
544186
Industrial Products₹ 681.13 Cr.+28.9%+137%22.5+18.9%
Salasar Techno Engineering
SALASAR
Industrial Products₹ 679.95 Cr.−1.5%−41.5%50.9−31.9%
Sunita Tools
544001
Industrial Products₹ 665.63 Cr.+77.8%+5.2%106.6+5.3%
Axtel Industries
AXTEL
Industrial Products₹ 652.36 Cr.+18.7%+3.2%20.9—
Bajaj Steel Industries
BAJAJST
Industrial Products₹ 625 Cr.+11.9%Loss21.6−20.5%
Danlaw Technologies India
532329
Industrial Products₹ 603.11 Cr.+34.6%+70.9%126.5+33.6%
Indef Manufacturing
BAJAJINDEF
Industrial Products₹ 592.69 Cr.−13.2%−2.7%24.4−23.2%
Satani Bearings Ltd
505703
Industrial Products₹ 584.39 Cr.—Loss315.5—
Tipco Engineering India Ltd
544740
Industrial Products₹ 573.68 Cr.——23+54.3%
Cospower Engineering
543172
Industrial Products₹ 550.03 Cr.+400%+1,000%679+53.5%
Captain Technocast
540652
Industrial Products₹ 545.67 Cr.+91.4%+200%46.9−6%
Mazda
MAZDA
Industrial Products₹ 520.85 Cr.+61.9%+49.3%19.6+32.4%
Integra Engineering India
505358
Industrial Products₹ 516.71 Cr.−3.1%−11.2%34.9−9.9%
Cryogenic OGS
544440
Industrial Products₹ 510.36 Cr.——62+23.2%
Artson
522134
Industrial Products₹ 505.62 Cr.−41.6%Loss94.5−0.5%
HRS Aluglaze
544656
Industrial Products₹ 504.27 Cr.——48.4+3.5%
Fabtech Technologies Cleanrooms
544332
Industrial Products₹ 502.72 Cr.+146.6%+160%36.2+15%
International Conveyors
INTLCONV
Industrial Products₹ 498.77 Cr.0%+130.8%3.8+9.3%
Taurian MPS
TAURIAN
Industrial Products₹ 472.5 Cr.——29.1+42.4%
Gujarat Apollo Industries
GUJAPOLLO
Industrial Products₹ 453.3 Cr.−9.9%−29.6%83.1+3.4%
Adisoft Technologies
ADISOFT
Industrial Products₹ 453.23 Cr.——17.9+56.6%
Strong results
Kwick Forensic Solutions Ltd
544895
Industrial Products₹ 401.32 Cr.——29.9—
Batliboi
BATLIBOI
Industrial Products₹ 394.3 Cr.+80.2%—26.4−1.6%
Bemco Hydraulics
522650
Industrial Products₹ 387.07 Cr.+33%+88.9%23.5−19.1%
United Drilling Tools
UNIDT
Industrial Products₹ 361.05 Cr.+7.7%+42.6%17.7−20.4%
Purple Wave Infocom
544627
Industrial Products₹ 360.77 Cr.——28.1+154.5%
Kataria Industries
KATARIA
Industrial Products₹ 355.38 Cr.+5.2%+100%24.6+65.7%
True Colors
544531
Industrial Products₹ 325.44 Cr.——10.4−18.1%
Admach Systems Ltd
544669
Industrial Products₹ 317.54 Cr.——26+13.4%
Fluidomat
522017
Industrial Products₹ 305.47 Cr.−4.4%−16.8%32.8−28.5%
Birla Precision Technologies
BIRLAPREC
Industrial Products₹ 304.85 Cr.+1.2%+112.9%23.6+40.7%
Mahindra EPC Irrigation
MAHEPC
Industrial Products₹ 266.06 Cr.+46.5%+418.6%21.3−9.4%
AARON INDUSTRIES
AARON
Industrial Products₹ 261.31 Cr.+27%+141.5%31.4−6.9%
Precision Electronics
517258
Industrial Products₹ 236.96 Cr.−40.3%Loss449.9−13.8%
Jasch Gauging Technologies
544112
Industrial Products₹ 230.11 Cr.+16%+7.9%15.4−0.1%
Jost's Engineering Company
505750
Industrial Products₹ 224.71 Cr.+23.6%+320%40−20.2%
TRF
TRF
Industrial Products₹ 217.13 Cr.+63.6%—52.9−12.9%
Revathi Equipment India
RVTH
Industrial Products₹ 208.56 Cr.+34.9%+257.9%12.9−10.4%
IC Electricals Company
ICELCO
Industrial Products₹ 199.05 Cr.—−28.6%13.9−31.7%
Innovators Facade Systems
541353
Industrial Products₹ 192.45 Cr.+25.2%−20%16.2+1.4%
Patels Airtemp India Ltd
517417
Industrial Products₹ 191.51 Cr.−81.2%Loss12.5+1.3%
Global Pet Industries
GLOBALPET
Industrial Products₹ 185.89 Cr.+43.1%+321.3%29.4−6.1%
Share buyback
Affordable Robotic & Automation
AFFORDABLE
Industrial Products₹ 174.74 Cr.−51.5%Loss32.8−14.3%
D & H India
517514
Industrial Products₹ 170.54 Cr.+10.5%+15.4%18.2−29.9%
Galaxy Agrico Exports
531911
Industrial Products₹ 160.4 Cr.+295.5%—633+45.9%
Gabion Technologies India Ltd
544675
Industrial Products₹ 159.06 Cr.——18.8+38.1%
Highness Microelectronics Ltd
544741
Industrial Products₹ 158.34 Cr.——39.4+73.4%
Rapicut Carbides
500360
Industrial Products₹ 156.04 Cr.+690.4%—13.7+23.7%
KPT Industries
505299
Industrial Products₹ 155.19 Cr.+2%−6.2%33.4−9.1%
Lippi Systems
526604
Industrial Products₹ 155.16 Cr.——38.6−15.4%
Cosmo Ferrites
523100
Industrial Products₹ 152.64 Cr.+7.7%+1,880%79.3−33.2%
LOYAL EQUIPMENTS
539227
Industrial Products₹ 149.7 Cr.+66.4%+36.6%38.8−7.1%
Lakshmi Engineering and Warehousing
505302
Industrial Products₹ 140.44 Cr.+33%+150%71−3.2%
Ikoma Technologies
531997
Industrial Products₹ 136.23 Cr.−91.6%−97.1%45.6−5.8%
Rishi Laser
526861
Industrial Products₹ 135.87 Cr.+3%−71.8%30.9+21.5%
Energy-Mission Machineries (India)
EMMIL
Industrial Products₹ 130.2 Cr.+23.2%−14.3%10.5−4.8%
Crown Lifters
CROWN
Industrial Products₹ 119.38 Cr.+29.3%+4.6%13.5−6.5%
Rexnord Electronics & Controls Ltd
531888
Industrial Products₹ 117 Cr.+8.1%+60%17.5+10.6%
Apollo Techno Industries Ltd
544671
Industrial Products₹ 116.36 Cr.——10.5−9.4%
ITL Industries
ITL
Industrial Products₹ 112.15 Cr.+12.3%−78.8%13—
Shri Balaji Valve Components
544074
Industrial Products₹ 104.04 Cr.+22.4%+19.3%12.8+24.3%
Emkay Taps And Cutting Tools
EMKAYTOOLS
Industrial Products₹ 99.99 Cr.−99.2%−85.9%1+2.2%
ATV Projects India
500028
Industrial Products₹ 98.38 Cr.+35.1%+1%16.6+4.6%
International Combustion India Ltd
505737
Industrial Products₹ 92.44 Cr.+10.1%Loss11.8−34.2%
Chemtech Industrial Valves
537326
Industrial Products₹ 91.27 Cr.+18.7%−77.1%35.1−31%
T & I Global
522294
Industrial Products₹ 88.68 Cr.−12.3%−29.1%14.3+10.5%
Somi Conveyor Beltings
SOMICONVEY
Industrial Products₹ 86.16 Cr.−40.5%−50%20.1−21.2%
Shining Tools
544607
Industrial Products₹ 85.94 Cr.——24.8+122.5%
GTV Engineering
539479
Industrial Products₹ 82.55 Cr.+79.6%+91.8%15−31.1%
Ducon Infratechnologies
DUCON
Industrial Products₹ 74.16 Cr.−7.1%−30.7%7.6−38.6%
Cenlub Industries
522251
Industrial Products₹ 70.65 Cr.+22.2%+9.9%39.5−26%
Shantai Industries
512297
Industrial Products₹ 70.06 Cr.−100%Loss65.9—
Taylormade Renewables
541228
Industrial Products₹ 69.45 Cr.−88.8%Loss75.5−6.1%
Cranex
522001
Industrial Products₹ 66.22 Cr.+10.1%+33.3%28.5−9.2%
BEW Engineering
BEWLTD
Industrial Products₹ 60.79 Cr.+78.2%Loss15.9−22.2%
EMA India
522027
Industrial Products₹ 60.18 Cr.—Loss15.3−14.8%
Atam Valves
ATAM
Industrial Products₹ 57.6 Cr.−0.6%−48.4%31.7−21.8%
Presstonic Engineering
PRESSTONIC
Industrial Products₹ 56.16 Cr.+70.3%+100.9%22.2+101.5%
Meera Industries
540519
Industrial Products₹ 54.74 Cr.+30.3%+9.2%59.7−38.7%
Auri Grow India Limited
AURIGROW
Industrial Products₹ 50.88 Cr.−100%Loss15.5—
Insolvency case
Austin Engineering Company
AUSTENG
Industrial Products₹ 47.49 Cr.−10%−38.6%12.1—
Adtech Systems
544185
Industrial Products₹ 46.69 Cr.+50.1%Loss19.6−33.1%
Manugraph India
MANUGRAPH
Industrial Products₹ 46.03 Cr.−18.8%+9.2%20.7+20.1%
Srigee DLM
544399
Industrial Products₹ 45.26 Cr.+48.1%+167.1%11.1−6.6%
Maestros Electronics & Telecommunications Systems Ltd
538401
Industrial Products₹ 42.84 Cr.−7.4%+0.7%11.5+8.8%
SM Auto Stamping
543065
Industrial Products₹ 41.06 Cr.+19.5%+23.7%11—
Sona Machinery
SONAMAC
Industrial Products₹ 40.42 Cr.−27.6%Loss23.8−8.1%
Rasi Electrodes
531233
Industrial Products₹ 40.02 Cr.−9.2%+5.6%10.8+0.2%
Solitaire Machine Tools
522152
Industrial Products₹ 38.33 Cr.+84.6%+550%38.6−15.4%
Vruddhi Engineering Works
544157
Industrial Products₹ 35.83 Cr.+137.4%+1,162.5%11.8−36.9%
Skytech Infinite Platform
SKYTECH
Industrial Products₹ 35.6 Cr.——9.1—
Faalcon Concepts
FAALCON
Industrial Products₹ 35.3 Cr.——10.6−12.9%

Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.