3 Smart Meters Maker, Largest Structural Steel Tubes Maker and Pumps and Valves Maker Stocks With a Strong Future Roadmap: Genus Power Infrastructures, APL Apollo Tubes and Kirloskar Brothers
- November 2, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Genus Power Infrastructures, APL Apollo Tubes and Kirloskar Brothers: ROE of 15.2% to 26.7% and FY22 to FY26 revenue CAGR of 10.5% to 59.5%. Prices as of 30 Oct 2026.
Quick Answer
The three smart meter, steel tube and pump maker stocks to watch are Genus Power Infrastructures, APL Apollo Tubes and Kirloskar Brothers. Their return on equity ranges from 15.2% to 26.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.5% to 59.5%. Genus Power Infrastructures leads on both return on equity at 26.7% and revenue growth at 59.5% a year. Prices are based on the 30 October 2026 close, and this article is educational, not investment advice.
Smart meter, steel tube and pump maker stocks let investors follow companies that serve a growing part of the Indian economy. Genus Power Infrastructures, APL Apollo Tubes and Kirloskar Brothers cover a smart meters maker, the largest structural steel tubes maker and a pumps and valves maker.
This list covers three smart meter, steel tube and pump maker stocks with complete current figures: Genus Power Infrastructures, APL Apollo Tubes and Kirloskar Brothers. 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 Smart Meter, Steel Tube and Pump Maker Stocks?
Smart meter, steel tube and pump maker stocks are listed companies that make electricity meters and run metering projects, supply structural tubes for buildings and solar projects, and produce pumps, valves and hydro systems for irrigation and water supply. Their earnings depend on utility spending, construction activity and project execution.
Smart Meter, Steel Tube and Pump Maker Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Genus Power Infrastructures | 273.5 | 8,639 | 13.3 | 44.3 | 26.7 | 1.04 |
| APL Apollo Tubes | 2,165.1 | 59,835 | 48.7 | 44.4 | 22.7 | 0.09 |
| Kirloskar Brothers | 1,601.8 | 13,186 | 35.0 | 43.0 | 15.2 | 0.10 |
On valuation, Genus Power Infrastructures and Kirloskar Brothers trade at a P/E below the industry P/E, while APL Apollo Tubes trades above it, which reflects the growth the market already expects. Readers comparing smart meter, steel tube and pump maker 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 smart meter, steel tube and pump maker stocks can use the coming numbers to test whether growth is holding.
Why Do Smart Meter, Steel Tube and Pump Maker Stocks Have a Strong Roadmap in India?
Smart meter, steel tube and pump maker stocks have a strong roadmap in India because smart metering programmes, new infrastructure and solar projects and large water supply plans keep widening the market for these utility and construction linked companies.
- Smart metering. Utilities replace older meters with smart ones.
- Building steel. Structural tubes serve homes and solar plants.
- Water projects. Pumps and valves serve cities and farms.
Why Genus Power Infrastructures Features Among These Smart Meter, Steel Tube and Pump Maker Stocks
Among the smart meter, steel tube and pump maker stocks on this list, Genus Power Infrastructures is a Jaipur-based maker of electricity meters, including smart meters, and also takes on turnkey metering projects for utilities.
In the June 2026 quarter, revenue grew 46.0% year on year to Rs 1,407 crore, while net profit rose 35.6% to Rs 175 crore. Revenue rose from Rs 744 crore in FY22 to Rs 4,821 crore in FY26, a compound annual growth rate of 59.5%.
Net profit grew from Rs 295 crore in FY25 to Rs 565 crore in FY26, a rise of 91.7%. The company has a return on equity of 26.7%, a debt to equity ratio of 1.04 and a market capitalisation of Rs 8,639 crore. The stock trades at a P/E of 13.3, below the industry P/E of 44.3.
Roadmap: The national smart meter rollout is the company’s main growth driver, with large orders from state utilities. The company has added capacity and is building manufacturing depth to deliver on its order book.
What to watch: Monitor execution pace on the smart meter order book and the cash collection from utilities.
Why APL Apollo Tubes Features Among These Smart Meter, Steel Tube and Pump Maker Stocks
Among the utility and build out shares on this list, APL Apollo Tubes is India’s largest maker of structural steel tubes, supplying galvanised and pre-galvanised tubes for buildings, infrastructure, solar structures and housing.
The company has a return on equity of 22.7%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 59,835 crore. The stock trades at a P/E of 48.7, above the industry P/E of 44.4.
Revenue rose from Rs 13,104 crore in FY22 to Rs 23,191 crore in FY26, a compound annual growth rate of 15.3%. Net profit grew from Rs 619 crore in FY22 to Rs 1,203 crore in FY26, which works out to a compound annual growth rate of 18.1%. In the June 2026 quarter, revenue grew 8.7% year on year to Rs 5,646 crore, while net profit rose 10.9% to Rs 263 crore.
Roadmap: The company is widening its product range into value-added tubes, expanding capacity across the country and growing its dealer network. Adoption of steel structures in buildings and solar installations supports volume growth.
What to watch: Check the growth in value-added products and the commissioning of new plants.
Why Kirloskar Brothers Features Among These Smart Meter, Steel Tube and Pump Maker Stocks
Among the three companies on this list, Kirloskar Brothers is a Pune-based maker of pumps, valves and hydro systems used in irrigation, water supply, power plants, buildings and industry. It has served customers for over a century.
Revenue rose from Rs 3,090 crore in FY22 to Rs 4,615 crore in FY26, a compound annual growth rate of 10.5%. Net profit grew from Rs 81.5 crore in FY22 to Rs 361 crore in FY26, which works out to a compound annual growth rate of 45.1%.
In the June 2026 quarter, revenue grew 12.5% year on year to Rs 1,120 crore. The company has a return on equity of 15.2%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 13,186 crore. The stock trades at a P/E of 35.0, below the industry P/E of 43.0.
Roadmap: The company benefits from public spending on water supply, irrigation and urban infrastructure, and it is growing its project and aftermarket business. A deep service network supports repeat orders.
What to watch: Follow order inflows from water and irrigation projects and the share of aftermarket sales.
Genus Power Infrastructures vs APL Apollo Tubes vs Kirloskar Brothers on Key Financials
The table below sets the three smart meter, steel tube and pump maker 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 |
|---|---|---|---|---|---|
| Genus Power Infrastructures | 744 | 4,821 | 59.5% | 565 | 11.7% |
| APL Apollo Tubes | 13,104 | 23,191 | 15.3% | 1,203 | 5.2% |
| Kirloskar Brothers | 3,090 | 4,615 | 10.5% | 361 | 7.8% |
Genus Power Infrastructures posts the highest return on equity in this group at 26.7%. APL Apollo Tubes has the largest FY26 revenue at Rs 23,191 crore, and Genus Power Infrastructures shows the fastest revenue growth with a 59.5% compound annual rate. A useful habit with smart meter, steel tube and pump maker stocks is to check each new quarterly result against the capacity plans the company described earlier. Many investors spread money across several power, steel and water stocks instead of one name, which keeps a single result from deciding the outcome.
The June 2026 quarter, the latest reported, gives a fresh read on momentum:
| Company | Q1 FY26 Revenue (Rs Cr) | Q1 FY27 Revenue (Rs Cr) | Year-on-Year Growth |
|---|---|---|---|
| Genus Power Infrastructures | 964 | 1,407 | 46.0% |
| APL Apollo Tubes | 5,195 | 5,646 | 8.7% |
| Kirloskar Brothers | 995 | 1,120 | 12.5% |
Key Risks to Check Before Investing in Smart Meter, Steel Tube and Pump Maker Stocks
Every theme carries risks that deserve a check before any decision. For these smart meter, steel tube and pump maker stocks, the main points are: Long-term utility and build out shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio. Tracking promoter holding and management commentary adds context when you study utility and build out shares.
- Order timing. Project awards can shift between periods.
- Capex cycles. Customer spending on plants and projects 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 smart meter, steel tube and pump maker stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Smart Meter, Steel Tube and Pump Maker Stocks
Smart meter, steel tube and pump maker stocks reward investors who follow demand trends, order books and margins together. Genus Power Infrastructures, APL Apollo Tubes and Kirloskar Brothers each have a clear plan to grow. Based on the 30 October 2026 close, Genus Power Infrastructures trades at Rs 273.5, APL Apollo Tubes at Rs 2,165.1 and Kirloskar Brothers at Rs 1,601.8. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these smart meter, steel tube and pump maker 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 smart meter, steel tube and pump maker stocks?
Ans. Smart meter, steel tube and pump maker stocks are listed companies that make electricity meters and run metering projects, supply structural tubes for buildings and solar projects, and produce pumps, valves and hydro systems for irrigation and water supply. Their earnings depend on utility spending, construction activity and project execution. This list looks at three of them, Genus Power Infrastructures, APL Apollo Tubes and Kirloskar Brothers, using reported FY22 to FY26 financials and the 30 October 2026 closing prices.
Which smart meter, steel tube and pump maker stocks are covered in this list?
Ans. This list covers Genus Power Infrastructures, APL Apollo Tubes and Kirloskar Brothers. Based on the 30 October 2026 close, Genus Power Infrastructures traded at Rs 273.5, APL Apollo Tubes at Rs 2,165.1 and Kirloskar Brothers at Rs 1,601.8. Their return on equity ranges from 15.2% to 26.7%, and their revenue compound annual growth from FY22 to FY26 ranges from 10.5% to 59.5%.
Why do smart meter, steel tube and pump maker stocks have a strong future roadmap in India?
Ans. Smart meter, steel tube and pump maker stocks have a strong roadmap in India because smart metering programmes, new infrastructure and solar projects and large water supply plans keep widening the market for these utility and construction linked companies. The main drivers are as follows. Smart metering. Utilities replace older meters with smart ones. Building steel. Structural tubes serve homes and solar plants. Water projects. Pumps and valves serve cities and farms. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Genus Power Infrastructures performed financially?
Ans. Revenue rose from Rs 744 crore in FY22 to Rs 4,821 crore in FY26, a compound annual growth rate of 59.5%. Net profit grew from Rs 295 crore in FY25 to Rs 565 crore in FY26, a rise of 91.7%. In the June 2026 quarter, revenue grew 46.0% year on year to Rs 1,407 crore, while net profit rose 35.6% to Rs 175 crore. The company has a return on equity of 26.7%, a debt to equity ratio of 1.04 and a market capitalisation of Rs 8,639 crore. The stock trades at a P/E of 13.3, below the industry P/E of 44.3. Looking ahead, the national smart meter rollout is the company’s main growth driver, with large orders from state utilities. The company has added capacity and is building manufacturing depth to deliver on its order book.
How has APL Apollo Tubes performed financially?
Ans. Revenue rose from Rs 13,104 crore in FY22 to Rs 23,191 crore in FY26, a compound annual growth rate of 15.3%. Net profit grew from Rs 619 crore in FY22 to Rs 1,203 crore in FY26, which works out to a compound annual growth rate of 18.1%. In the June 2026 quarter, revenue grew 8.7% year on year to Rs 5,646 crore, while net profit rose 10.9% to Rs 263 crore. The company has a return on equity of 22.7%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 59,835 crore. The stock trades at a P/E of 48.7, above the industry P/E of 44.4. Looking ahead, the company is widening its product range into value-added tubes, expanding capacity across the country and growing its dealer network. Adoption of steel structures in buildings and solar installations supports volume growth.
How has Kirloskar Brothers performed financially?
Ans. Revenue rose from Rs 3,090 crore in FY22 to Rs 4,615 crore in FY26, a compound annual growth rate of 10.5%. Net profit grew from Rs 81.5 crore in FY22 to Rs 361 crore in FY26, which works out to a compound annual growth rate of 45.1%. In the June 2026 quarter, revenue grew 12.5% year on year to Rs 1,120 crore. The company has a return on equity of 15.2%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 13,186 crore. The stock trades at a P/E of 35.0, below the industry P/E of 43.0. Looking ahead, the company benefits from public spending on water supply, irrigation and urban infrastructure, and it is growing its project and aftermarket business. A deep service network supports repeat orders.
What risks should investors check before buying smart meter, steel tube and pump maker stocks?
Ans. Investors should check a few risks before buying smart meter, steel tube and pump maker stocks. Order timing. Project awards can shift between periods. Capex cycles. Customer spending on plants and projects 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 smart meter, steel tube and pump maker 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.