3 Turbine Generators Maker, CNC Machines Maker and Power Plant Services Provider Stocks With a Strong Future Roadmap: TD Power Systems, Jyoti CNC Automation and Power Mech Projects
- November 2, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
TD Power Systems, Jyoti CNC Automation and Power Mech Projects: ROE of 14.4% to 22.3% and FY22 to FY26 revenue CAGR of 22.3% to 30.2%. Prices as of 30 Oct 2026.
Quick Answer
The three turbine generator, CNC and plant service stocks to watch are TD Power Systems, Jyoti CNC Automation and Power Mech Projects. Their return on equity ranges from 14.4% to 22.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 22.3% to 30.2%. TD Power Systems has the highest return on equity at 22.3%, while Jyoti CNC Automation has the fastest revenue growth at 30.2% a year. Prices are based on the 30 October 2026 close, and this article is educational, not investment advice.
Turbine generator, CNC and plant service stocks offer a focused view of a sector where demand keeps widening. TD Power Systems, Jyoti CNC Automation and Power Mech Projects cover a turbine generators maker, a CNC machines maker and a power plant services provider.
This list covers three turbine generator, CNC and plant service stocks with complete current figures: TD Power Systems, Jyoti CNC Automation and Power Mech Projects. Every figure comes from the latest reported financials and the 30 October 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Turbine Generator, CNC and Plant Service Stocks?
Turbine generator, CNC and plant service stocks are listed companies that make generators for steam, gas, hydro and wind turbines, build computer numerical control machines for precision work, and erect, operate and maintain power and infrastructure plants. Their earnings depend on order books, capital spending and project execution.
Turbine Generator, CNC and Plant Service Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| TD Power Systems | 713.9 | 23,639 | 86.0 | 43.9 | 22.3 | 0.02 |
| Jyoti CNC Automation | 905.6 | 22,175 | 68.9 | 44.4 | 16.8 | 0.43 |
| Power Mech Projects | 2,163.2 | 7,461 | 17.7 | 22.7 | 14.4 | 0.26 |
On valuation, Power Mech Projects trades at a P/E below the industry P/E, while TD Power Systems and Jyoti CNC Automation trade above it, which reflects the growth the market already expects. Readers comparing turbine generator, CNC and plant service stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain. With the Q2 FY27 results season close, investors in turbine generator, CNC and plant service stocks can use the coming numbers to test whether growth is holding.
Why Do Turbine Generator, CNC and Plant Service Stocks Have a Strong Roadmap in India?
Turbine generator, CNC and plant service stocks have a strong roadmap in India because new power capacity, factory automation needs and ongoing plant upkeep keep widening the market for these capital goods and service companies.
- Power capacity. New plants need turbine generators.
- Factory automation. Precision work needs CNC machines.
- Plant upkeep. Power plants need regular service.
Why TD Power Systems Features Among These Turbine Generator, CNC and Plant Service Stocks
Among the turbine generator, CNC and plant service stocks on this list, TD Power Systems, based in Bengaluru, manufactures generators for steam, gas, hydro and wind turbines and serves customers in India and overseas.
Revenue rose from Rs 814 crore in FY22 to Rs 1,878 crore in FY26, a compound annual growth rate of 23.2%. Net profit grew from Rs 70.5 crore in FY22 to Rs 239 crore in FY26, which works out to a compound annual growth rate of 35.7%.
The company has a return on equity of 22.3%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 23,639 crore. The stock trades at a P/E of 86.0, above the industry P/E of 43.9.
Roadmap: The company is expanding capacity to meet demand from power producers, industrial users and data centre backup, with a large share of orders coming from exports. Its design capability for large-rated machines allows it to compete in higher-value segments.
What to watch: Follow export order inflows and capacity utilisation at the new facilities.
Why Jyoti CNC Automation Features Among These Turbine Generator, CNC and Plant Service Stocks
Among the power equipment and machine shares on this list, Jyoti CNC Automation, based in Rajkot, makes computer numerical control machines, including multi-axis machining centres, for aerospace, defence, auto and general engineering customers.
The company has a return on equity of 16.8%, a debt to equity ratio of 0.43 and a market capitalisation of Rs 22,175 crore. The stock trades at a P/E of 68.9, above the industry P/E of 44.4.
Revenue rose from Rs 750 crore in FY22 to Rs 2,154 crore in FY26, a compound annual growth rate of 30.2%. Net profit grew from Rs 151 crore in FY24 to Rs 336 crore in FY26, which works out to a compound annual growth rate of 49.2%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 512 crore.
Roadmap: Defence and aerospace manufacturing, along with the shift to precision machining at Indian factories, supports demand for advanced CNC machines. The company has also built a presence in Europe through an acquisition, adding technology and customers abroad.
What to watch: Watch order book trends and how quickly the international business contributes.
Why Power Mech Projects Features Among These Turbine Generator, CNC and Plant Service Stocks
Among the three companies on this list, Power Mech Projects provides erection, operation and maintenance services to thermal power, renewable energy, infrastructure and industrial clients, working across India and in select overseas markets.
Revenue rose from Rs 2,728 crore in FY22 to Rs 6,107 crore in FY26, a compound annual growth rate of 22.3%. Net profit grew from Rs 138 crore in FY22 to Rs 412 crore in FY26, which works out to a compound annual growth rate of 31.3%.
In the June 2026 quarter, revenue grew 25.1% year on year to Rs 1,632 crore, while net profit rose 10.9% to Rs 89.3 crore. The company has a return on equity of 14.4%, a debt to equity ratio of 0.26 and a market capitalisation of Rs 7,461 crore. The stock trades at a P/E of 17.7, below the industry P/E of 22.7.
Roadmap: The company benefits from the build-out of new power capacity and from recurring operation and maintenance contracts, which add stability to earnings. It has also entered infrastructure, railways and metals, widening its order base beyond power.
What to watch: Check the order book composition between power and non-power work and the pace of order inflow.
TD Power Systems vs Jyoti CNC Automation vs Power Mech Projects on Key Financials
The table below sets the three turbine generator, CNC and plant service 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 |
|---|---|---|---|---|---|
| TD Power Systems | 814 | 1,878 | 23.2% | 239 | 12.7% |
| Jyoti CNC Automation | 750 | 2,154 | 30.2% | 336 | 15.6% |
| Power Mech Projects | 2,728 | 6,107 | 22.3% | 412 | 6.7% |
TD Power Systems posts the highest return on equity in this group at 22.3%. Power Mech Projects has the largest FY26 revenue at Rs 6,107 crore, and Jyoti CNC Automation shows the fastest revenue growth with a 30.2% compound annual rate. A useful habit with turbine generator, CNC and plant service stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Turbine Generator, CNC and Plant Service Stocks
Every theme carries risks that deserve a check before any decision. For these turbine generator, CNC and plant service stocks, the main points are: Long-term power equipment and machine shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Order timing. Project awards can shift between periods.
- Capital spending cycles. Customer investment in plants and equipment can vary.
- 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 turbine generator, CNC and plant service stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Turbine Generator, CNC and Plant Service Stocks
Turbine generator, CNC and plant service stocks reward patient research into demand, execution and financial strength. TD Power Systems, Jyoti CNC Automation and Power Mech Projects each have a clear plan to grow. Based on the 30 October 2026 close, TD Power Systems trades at Rs 713.9, Jyoti CNC Automation at Rs 905.6 and Power Mech Projects at Rs 2,163.2. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these turbine generator, CNC and plant service stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track turbine generator, CNC and plant service stocks, set price alerts and get research-backed stock ideas.
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 turbine generator, CNC and plant service stocks?
Ans. Turbine generator, CNC and plant service stocks are listed companies that make generators for steam, gas, hydro and wind turbines, build computer numerical control machines for precision work, and erect, operate and maintain power and infrastructure plants. Their earnings depend on order books, capital spending and project execution. This list looks at three of them, TD Power Systems, Jyoti CNC Automation and Power Mech Projects, using reported FY22 to FY26 financials and the 30 October 2026 closing prices.
Which turbine generator, CNC and plant service stocks are covered in this list?
Ans. This list covers TD Power Systems, Jyoti CNC Automation and Power Mech Projects. Based on the 30 October 2026 close, TD Power Systems traded at Rs 713.9, Jyoti CNC Automation at Rs 905.6 and Power Mech Projects at Rs 2,163.2. Their return on equity ranges from 14.4% to 22.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 22.3% to 30.2%.
Why do turbine generator, CNC and plant service stocks have a strong future roadmap in India?
Ans. Turbine generator, CNC and plant service stocks have a strong roadmap in India because new power capacity, factory automation needs and ongoing plant upkeep keep widening the market for these capital goods and service companies. The main drivers are as follows. Power capacity. New plants need turbine generators. Factory automation. Precision work needs CNC machines. Plant upkeep. Power plants need regular service. Together these factors give the companies on this list a visible path for growth over the coming years.
How has TD Power Systems performed financially?
Ans. Revenue rose from Rs 814 crore in FY22 to Rs 1,878 crore in FY26, a compound annual growth rate of 23.2%. Net profit grew from Rs 70.5 crore in FY22 to Rs 239 crore in FY26, which works out to a compound annual growth rate of 35.7%. The company has a return on equity of 22.3%, a debt to equity ratio of 0.02 and a market capitalisation of Rs 23,639 crore. The stock trades at a P/E of 86.0, above the industry P/E of 43.9. Looking ahead, the company is expanding capacity to meet demand from power producers, industrial users and data centre backup, with a large share of orders coming from exports. Its design capability for large-rated machines allows it to compete in higher-value segments.
How has Jyoti CNC Automation performed financially?
Ans. Revenue rose from Rs 750 crore in FY22 to Rs 2,154 crore in FY26, a compound annual growth rate of 30.2%. Net profit grew from Rs 151 crore in FY24 to Rs 336 crore in FY26, which works out to a compound annual growth rate of 49.2%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 512 crore. The company has a return on equity of 16.8%, a debt to equity ratio of 0.43 and a market capitalisation of Rs 22,175 crore. The stock trades at a P/E of 68.9, above the industry P/E of 44.4. Looking ahead, defence and aerospace manufacturing, along with the shift to precision machining at Indian factories, supports demand for advanced CNC machines. The company has also built a presence in Europe through an acquisition, adding technology and customers abroad.
How has Power Mech Projects performed financially?
Ans. Revenue rose from Rs 2,728 crore in FY22 to Rs 6,107 crore in FY26, a compound annual growth rate of 22.3%. Net profit grew from Rs 138 crore in FY22 to Rs 412 crore in FY26, which works out to a compound annual growth rate of 31.3%. In the June 2026 quarter, revenue grew 25.1% year on year to Rs 1,632 crore, while net profit rose 10.9% to Rs 89.3 crore. The company has a return on equity of 14.4%, a debt to equity ratio of 0.26 and a market capitalisation of Rs 7,461 crore. The stock trades at a P/E of 17.7, below the industry P/E of 22.7. Looking ahead, the company benefits from the build-out of new power capacity and from recurring operation and maintenance contracts, which add stability to earnings. It has also entered infrastructure, railways and metals, widening its order base beyond power.
What risks should investors check before buying turbine generator, CNC and plant service stocks?
Ans. Investors should check a few risks before buying turbine generator, CNC and plant service stocks. Order timing. Project awards can shift between periods. Capital spending cycles. Customer investment in plants and equipment can vary. 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 turbine generator, CNC and plant service 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.
