3 Wind Turbine Maker, Integrated Aluminium Producer and City Gas Distribution Company Stocks With a Strong Future Roadmap: Suzlon Energy, National Aluminium Company and Adani Total Gas
- November 2, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Suzlon Energy, National Aluminium Company and Adani Total Gas: ROE of 12.4% to 33.4% and FY22 to FY26 revenue CAGR of 6.3% to 26.4%. Prices as of 30 Oct 2026.
Quick Answer
The three wind turbine, aluminium and gas stocks to watch are Suzlon Energy, National Aluminium Company and Adani Total Gas. Their return on equity ranges from 12.4% to 33.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.3% to 26.4%. Suzlon Energy leads on both return on equity at 33.4% and revenue growth at 26.4% a year. Prices are based on the 30 October 2026 close, and this article is educational, not investment advice.
Wind turbine, aluminium and gas stocks give investors a way to track businesses that sit close to everyday demand in India. Suzlon Energy, National Aluminium Company and Adani Total Gas cover a wind turbine maker, an integrated aluminium producer and a city gas distribution company.
This list covers three wind turbine, aluminium and gas stocks with complete current figures: Suzlon Energy, National Aluminium Company and Adani Total Gas. Every figure comes from the latest reported financials and the 30 October 2026 market close. Companies without complete current figures were left out.
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What Are Wind Turbine, Aluminium and Gas Stocks?
Wind turbine, aluminium and gas stocks are listed companies that build wind turbines and offer service contracts, mine bauxite and produce alumina and aluminium, and supply piped and compressed natural gas to homes, industries and vehicles. Their earnings depend on renewable additions, metal prices and gas volumes.
Wind Turbine, Aluminium and Gas Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Suzlon Energy | 33.9 | 55,008 | 17.5 | 43.9 | 33.4 | 0.06 |
| National Aluminium Company | 314.55 | 58,387 | 8.7 | 11.6 | 26.8 | 0.00 |
| Adani Total Gas | 534.45 | 58,229 | 90.7 | 13.8 | 12.4 | 0.47 |
On valuation, Suzlon Energy and National Aluminium Company trade at a P/E below the industry P/E, while Adani Total Gas trades above it, which reflects the growth the market already expects. Readers comparing wind turbine, aluminium and gas stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Wind Turbine, Aluminium and Gas Stocks Have a Strong Roadmap in India?
Wind turbine, aluminium and gas stocks have a strong roadmap in India because growing renewable capacity, lighter metal demand and wider cleaner fuel use keep widening the market for these energy and metal companies.
- Wind additions. New projects need turbines and service.
- Light metal. Aluminium serves power and vehicles.
- Gas network. City gas reaches more users.
Why Suzlon Energy Features Among These Wind Turbine, Aluminium and Gas Stocks
Among the wind turbine, aluminium and gas stocks on this list, Suzlon Energy is a wind turbine maker with manufacturing and service operations across India, supplying turbines for utility, independent power producer and corporate customers and servicing a large installed base.
The company has a return on equity of 33.4%, a debt to equity ratio of 0.06 and a market capitalisation of Rs 55,008 crore. The stock trades at a P/E of 17.5, below the industry P/E of 43.9.
Revenue rose from Rs 6,604 crore in FY22 to Rs 16,842 crore in FY26, a compound annual growth rate of 26.4%. Net profit grew from Rs 2,072 crore in FY25 to Rs 3,163 crore in FY26, a rise of 52.7%. In the June 2026 quarter, revenue grew 22.0% year on year to Rs 3,863 crore.
Roadmap: The company has a large order book and a strong share of the domestic wind market as the country adds renewable capacity. Its operations and maintenance business generates recurring income from the installed fleet.
What to watch: Check order book conversion to revenue and the pace of turbine deliveries each quarter.
Why National Aluminium Company Features Among These Wind Turbine, Aluminium and Gas Stocks
Among the renewable and light metal shares on this list, National Aluminium Company, known as NALCO, is a public sector firm that mines bauxite, refines alumina and produces aluminium, with captive power generation in Odisha.
Revenue rose from Rs 14,478 crore in FY22 to Rs 18,509 crore in FY26, a compound annual growth rate of 6.3%. Net profit grew from Rs 2,951 crore in FY22 to Rs 5,797 crore in FY26, which works out to a compound annual growth rate of 18.4%.
In the June 2026 quarter, revenue grew 39.3% year on year to Rs 5,476 crore, while net profit rose 90.9% to Rs 2,003 crore. The company has a return on equity of 26.8%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 58,387 crore. The stock trades at a P/E of 8.7, below the industry P/E of 11.6.
Roadmap: The company is one of the lowest-cost integrated aluminium producers and plans to expand its mine, refinery and smelter capacity. A debt-free balance sheet and strong cash flows support these investments.
What to watch: Follow aluminium and alumina price trends and the pace of its expansion projects.
Why Adani Total Gas Features Among These Wind Turbine, Aluminium and Gas Stocks
Among the three companies on this list, Adani Total Gas is a city gas distribution company that supplies piped natural gas to homes, industries and commercial users and compressed natural gas to vehicles across many cities, and it also sets up electric vehicle charging points.
Revenue rose from Rs 3,079 crore in FY22 to Rs 5,932 crore in FY26, a compound annual growth rate of 17.8%. Net profit grew from Rs 505 crore in FY22 to Rs 656 crore in FY26, which works out to a compound annual growth rate of 6.8%.
The company has a return on equity of 12.4%, a debt to equity ratio of 0.47 and a market capitalisation of Rs 58,229 crore. The stock trades at a P/E of 90.7, above the industry P/E of 13.8.
Roadmap: The company is extending its pipeline network and CNG station base into the cities it has been awarded, which widens its customer base. Rising use of cleaner fuel in households and vehicles supports volume growth.
What to watch: Track new city additions, CNG volumes and progress in electric vehicle charging.
Suzlon Energy vs National Aluminium Company vs Adani Total Gas on Key Financials
The table below sets the three wind turbine, aluminium and gas stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Suzlon Energy | 6,604 | 16,842 | 26.4% | 3,163 | 18.8% |
| National Aluminium Company | 14,478 | 18,509 | 6.3% | 5,797 | 31.3% |
| Adani Total Gas | 3,079 | 5,932 | 17.8% | 656 | 11.1% |
Suzlon Energy posts the highest return on equity in this group at 33.4%. National Aluminium Company has the largest FY26 revenue at Rs 18,509 crore, and Suzlon Energy shows the fastest revenue growth with a 26.4% compound annual rate. A useful habit with wind turbine, aluminium and gas stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Wind Turbine, Aluminium and Gas Stocks
Every theme carries risks that deserve a check before any decision. For these wind turbine, aluminium and gas stocks, the main points are: Long-term renewable and light metal shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Fuel and power prices. Tariffs and fuel costs can influence earnings.
- Commodity prices. Selling prices follow global and domestic markets.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter wind turbine, aluminium and gas stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Wind Turbine, Aluminium and Gas Stocks
Wind turbine, aluminium and gas stocks work best when investors track growth, valuation and return on equity side by side. Suzlon Energy, National Aluminium Company and Adani Total Gas each have a clear plan to grow. Based on the 30 October 2026 close, Suzlon Energy trades at Rs 33.9, National Aluminium Company at Rs 314.55 and Adani Total Gas at Rs 534.45. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these wind turbine, aluminium and gas stocks to a watchlist.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are wind turbine, aluminium and gas stocks?
Ans. Wind turbine, aluminium and gas stocks are listed companies that build wind turbines and offer service contracts, mine bauxite and produce alumina and aluminium, and supply piped and compressed natural gas to homes, industries and vehicles. Their earnings depend on renewable additions, metal prices and gas volumes. This list looks at three of them, Suzlon Energy, National Aluminium Company and Adani Total Gas, using reported FY22 to FY26 financials and the 30 October 2026 closing prices.
Which wind turbine, aluminium and gas stocks are covered in this list?
Ans. This list covers Suzlon Energy, National Aluminium Company and Adani Total Gas. Based on the 30 October 2026 close, Suzlon Energy traded at Rs 33.9, National Aluminium Company at Rs 314.55 and Adani Total Gas at Rs 534.45. Their return on equity ranges from 12.4% to 33.4%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.3% to 26.4%.
Why do wind turbine, aluminium and gas stocks have a strong future roadmap in India?
Ans. Wind turbine, aluminium and gas stocks have a strong roadmap in India because growing renewable capacity, lighter metal demand and wider cleaner fuel use keep widening the market for these energy and metal companies. The main drivers are as follows. Wind additions. New projects need turbines and service. Light metal. Aluminium serves power and vehicles. Gas network. City gas reaches more users. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Suzlon Energy performed financially?
Ans. Revenue rose from Rs 6,604 crore in FY22 to Rs 16,842 crore in FY26, a compound annual growth rate of 26.4%. Net profit grew from Rs 2,072 crore in FY25 to Rs 3,163 crore in FY26, a rise of 52.7%. In the June 2026 quarter, revenue grew 22.0% year on year to Rs 3,863 crore. The company has a return on equity of 33.4%, a debt to equity ratio of 0.06 and a market capitalisation of Rs 55,008 crore. The stock trades at a P/E of 17.5, below the industry P/E of 43.9. Looking ahead, the company has a large order book and a strong share of the domestic wind market as the country adds renewable capacity. Its operations and maintenance business generates recurring income from the installed fleet.
How has National Aluminium Company performed financially?
Ans. Revenue rose from Rs 14,478 crore in FY22 to Rs 18,509 crore in FY26, a compound annual growth rate of 6.3%. Net profit grew from Rs 2,951 crore in FY22 to Rs 5,797 crore in FY26, which works out to a compound annual growth rate of 18.4%. In the June 2026 quarter, revenue grew 39.3% year on year to Rs 5,476 crore, while net profit rose 90.9% to Rs 2,003 crore. The company has a return on equity of 26.8%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 58,387 crore. The stock trades at a P/E of 8.7, below the industry P/E of 11.6. Looking ahead, the company is one of the lowest-cost integrated aluminium producers and plans to expand its mine, refinery and smelter capacity. A debt-free balance sheet and strong cash flows support these investments.
How has Adani Total Gas performed financially?
Ans. Revenue rose from Rs 3,079 crore in FY22 to Rs 5,932 crore in FY26, a compound annual growth rate of 17.8%. Net profit grew from Rs 505 crore in FY22 to Rs 656 crore in FY26, which works out to a compound annual growth rate of 6.8%. The company has a return on equity of 12.4%, a debt to equity ratio of 0.47 and a market capitalisation of Rs 58,229 crore. The stock trades at a P/E of 90.7, above the industry P/E of 13.8. Looking ahead, the company is extending its pipeline network and CNG station base into the cities it has been awarded, which widens its customer base. Rising use of cleaner fuel in households and vehicles supports volume growth.
What risks should investors check before buying wind turbine, aluminium and gas stocks?
Ans. Investors should check a few risks before buying wind turbine, aluminium and gas stocks. Fuel and power prices. Tariffs and fuel costs can influence earnings. Commodity prices. Selling prices follow global and domestic markets. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of wind turbine, aluminium and gas stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 30 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.