Currently, Engineering is considered one of the largest industrial sectors in India. It represents 63% of all international cooperation and 27% of all factories in the industrial sector. Capacity expansion in sectors including infrastructure, electricity, mining, oil and gas, refineries, steel, cars, and consumer durables is what’s driving demand for engineering sector services. India has a competitive advantage in a number of engineering sub-sectors, including manufacturing costs, market knowledge, technology, and innovation.
Due to the minimal risk and respectable returns, engineering industry stocks are among the best options for individual investors. This is because India is one of the select few countries whose exports dominate engineering and capital goods. Let’s explore the specifics of engineering companies in India in 2023.
Bharat Heavy Electricals Limited
Bharat Heavy Electricals Limited is a publicly traded company, founded on November 13, 1964. Its address is New Delhi, Delhi, and it is categorized as a Government of India corporation. The company has a paid-up capital of 696.41 crores and a share capital of INR 2,000.00 crore. The business manufactures power plant equipment in addition to being active in the infrastructure and energy sectors. The 11 directors of Bharat Heavy Electricals Limited include Manish Kapoor, Nalin Shinghal, and others.
| CIN | L74899DL1964GOI004281 |
| Revenue | Over INR 500 cr |
| Net Worth | -9.24 % |
Cummins India Limited
Founded on February 17, 1962, Cummins India Limited is a publicly traded firm. It is a public limited corporation with its headquarters in Pune, Maharashtra. It has a paid-up capital of INR 55.44 cr and an authorized share capital of INR 80.00 cr. In India, the company develops, produces, sells, and supports engines and related technology. There are ten directors at Cummins India Limited including Rama Bijapurkar, Nasser Mukhtar Munjee, and others.
| CIN | L29112PN1962PLC012276 |
| Revenue | Over INR 500 cr |
| Net Worth | ^ 1.08 % |
ELGI Equipments Limited
Elgi Equipments Ltd. was founded in 1960 and has its main office in Coimbatore, India. Air compressor manufacture is the company’s primary business. Oil-lubricated piston compressors, portable compressors, oil-free compressors, accessories, heat recovery systems, and railway compressors are just a few of the compressed air solutions the company provides. The company’s two core segments are air compressors and automotive equipment. Its subsidiaries include Addison Precision Instruments Manufacturing Company Ltd, Ats Elgi Ltd, Ergo Design Pvt Ltd, Elgi Equipments (Zhejiang) Ltd, Elgi Gulf FZE, Elgi Compressors Do Brasil Importadora E Exportadora Ltda, Elgi Equipments Australia Pty Ltd, Industrial Air Compressors Pty Ltd, F R Pulford & Son Pty Ltd, etc. There are nine directors for Elgi Equipments Limited: Harjeet Singh Wahan, Jairam Varadaraj, and others.
| CIN | L29120TZ1960PLC000351 |
| Revenue | Over INR 500 cr |
| Net Worth | ^14.89 % |
Engineers India Limited
Engineers India Limited was founded on March 15, 1965, and is a listed public business. It is a government-owned corporation with its headquarters in New Delhi, Delhi. The business, an engineering consulting firm, offers design, engineering, procurement, construction, and integrated project management services primarily to the Indian petrochemical and oil & gas industries. There are 13 directors for Engineers India Limited, including Harishkumar Madhusudan Joshi, Prashant Vasantrao Patil, and others.
| CIN | L74899DL1965GOI004352 |
| Revenue | Over INR 500 cr |
| Net Worth | ^13.17 % |
Everest Industries Limited
Everest Industries Limited is a listed public business established on April 3, 1934. It is situated in Nashik, Maharashtra, and is categorized as a public limited corporation. Its total paid-up capital is INR 15.73 billion, and its authorized share capital is INR 17.05 billion. The business manufactures pre-engineered steel buildings and building supplies. Eight people serve as directors for Everest Industries Limited, including Rajendra Prabhakar Chitale, Bhanwarlal Jiwanmal Taparia, and others.
| CIN | L74999MH1934PLC002093 |
| Revenue | Over INR 500 cr |
| Net Worth | ^ 6.64 % |
Greaves Cotton Limited
Greaves Cotton Ltd was established on March 29, 1922, as a publicly-traded company. It is based in Aurangabad, Maharashtra, and is categorized as a public limited corporation. It produces and sells construction equipment, diesel and gasoline engines, pump and generator sets, and diesel engines. There are eight directors for Greaves Cotton Ltd, including Karan Thapar, Kewal Kundanlal Handa, and others.
| CIN | L99999MH1922PLC000987 |
| Revenue | Over INR 500 cr |
| Net Worth | ^ 1.44 % |
HEG Limited
Heg Ltd is a listed public company, founded on October 27, 1972. It is situated in Madhya Pradesh’s Dist Raisen and is categorized as a public limited business. It has a 70.00 crore rupee authorized share capital and a 38.60 crore rupee paid-up capital. The business produces graphite electrodes. There are ten directors for Heg Ltd, including Ramni Nirula, Kamal Gupta, and others.
| CIN | L23109MP1972PLC008290 |
| Revenue | Over INR 500 cr |
| Net Worth | ^11.12 % |
Isgec Heavy Engineering Limited
Founded on January 23, 1933, Isgec Heavy Engineering Ltd is a publicly traded firm. It is situated in Haryana, Haryana, and is categorized as a public limited business. Heavy engineering equipment is produced and sold by the company to the power, oil and gas, fertilizer, steel, cement, automobile, defense, sugar, and chemical industries in India and abroad. Ranjit Puri, Aditya Puri, and others; eight directors have served Isgec Heavy Engineering Limited.
| CIN | L23423HR1933PLC000097 |
| Revenue | Over INR 500 cr |
| Net Worth | ^ 6.49 % |
Kirloskar Brothers Limited
Kirloskar Brothers Ltd is a publicly traded company, founded on January 15, 1920. It is based in Pune, Maharashtra, and is categorized as a public limited business. The business specializes in the engineering and production of fluid management systems and manufactures pumps. There are 11 directors for Kirloskar Brothers Limited, including Amitava Mukherjee, Sanjay Chandrakant Kirloskar, and others.
| CIN | L29113PN1920PLC000670 |
| Revenue | Over INR 500 cr |
| Net Worth | ^5.35 % |
Larsen And Toubro Limited
Larsen And Toubro Ltd. is a publicly traded company, formed on February 7, 1946. It is based in Mumbai, Maharashtra, and is categorized as a public limited corporation. The business is a multinational conglomerate that offers technology, engineering, construction, manufacturing, and financial services. There are 18 directors on the board of Larsen and Toubro Limited, including Preetha Reddy, Anilkumar Manibhai Naik, and others.
| CIN | L99999MH1946PLC004768 |
| Revenue | Over INR 500 cr |
| Net Worth | ^ 11.09 % |
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