3 Air Conditioning and Cooling Maker, Aluminium Producer and Pumps and Valves Maker Stocks With a Strong Future Roadmap: Blue Star, National Aluminium Company and Kirloskar Brothers
- November 10, 2026
- Posted by: Lakshit Sharma
- Category: Best Stocks
Blue Star, National Aluminium Company and Kirloskar Brothers: ROE of 15.2% to 26.8% and FY22 to FY26 revenue CAGR of 6.3% to 19.6%. Prices as of 9 Nov 2026.
Quick Answer
The three air conditioner, aluminium and pump stocks to watch are Blue Star, National Aluminium Company and Kirloskar Brothers. Their return on equity ranges from 15.2% to 26.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.3% to 19.6%. National Aluminium Company has the highest return on equity at 26.8%, while Blue Star has the fastest revenue growth at 19.6% a year. Prices are based on the 9 November 2026 close, and this article is educational, not investment advice.
Air conditioner, aluminium and pump stocks offer a focused view of a sector where demand keeps widening. Blue Star, National Aluminium Company and Kirloskar Brothers cover an air conditioning and cooling products maker, an aluminium producer and a pumps and valves maker.
This list covers three air conditioner, aluminium and pump stocks with complete current figures: Blue Star, National Aluminium Company and Kirloskar Brothers. Every figure comes from the latest reported financials and the 9 November 2026 market close. Companies without complete current figures were left out.
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What Are Air Conditioner, Aluminium and Pump Stocks?
Air conditioner, aluminium and pump stocks are listed companies that make room air conditioners and commercial cooling systems, mine bauxite and produce alumina and aluminium, and manufacture pumps, valves and fluid handling systems. Their earnings depend on summer cooling demand, metal prices and water and industrial projects.
Air Conditioner, Aluminium and Pump Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Blue Star | 1,567 | 32,243 | 63.3 | 43.1 | 15.4 | 0.24 |
| National Aluminium Company | 325.9 | 58,387 | 8.7 | 11.6 | 26.8 | 0.00 |
| Kirloskar Brothers | 1,649.8 | 13,186 | 35.0 | 43.0 | 15.2 | 0.10 |
On valuation, National Aluminium Company and Kirloskar Brothers trade at a P/E below the industry P/E, while Blue Star trades above it, which reflects the growth the market already expects. Readers comparing air conditioner, aluminium and pump 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 air conditioner, aluminium and pump stocks can use the coming numbers to test whether growth is holding.
Why Do Air Conditioner, Aluminium and Pump Stocks Have a Strong Roadmap in India?
Air conditioner, aluminium and pump stocks have a strong roadmap in India because rising demand for home and commercial cooling, wider use of aluminium in power and mobility and heavy spending on water and industrial projects keep widening the market for these companies.
- Cooling. More homes and offices install air conditioners.
- Aluminium. Power lines and vehicles use more light metal.
- Pumps. Water and farm projects need dependable pumps.
Why Blue Star Features Among These Air Conditioner, Aluminium and Pump Stocks
Among the air conditioner, aluminium and pump stocks on this list, Blue Star is an air conditioning and commercial refrigeration company that sells room air conditioners, cooling products and electro-mechanical projects across India.
Revenue rose from Rs 6,100 crore in FY22 to Rs 12,464 crore in FY26, a compound annual growth rate of 19.6%. Net profit grew from Rs 168 crore in FY22 to Rs 527 crore in FY26, which works out to a compound annual growth rate of 33.1%.
In the June 2026 quarter, revenue grew 13.4% year on year to Rs 3,399 crore. The company has a return on equity of 15.4%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 32,243 crore. The stock trades at a P/E of 63.3, above the industry P/E of 43.1.
Roadmap: The company benefits from rising air conditioner penetration, growth in commercial buildings and expansion of cold chain. A wide service network and trusted brand support market share.
What to watch: Track room air conditioner volumes, commercial cooling orders and project execution.
Why National Aluminium Company Features Among These Air Conditioner, Aluminium and Pump Stocks
Among the cooling, light metal and fluid 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.
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. 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%. 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 Kirloskar Brothers Features Among These Air Conditioner, Aluminium and Pump 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.
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.
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.
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.
Blue Star vs National Aluminium Company vs Kirloskar Brothers on Key Financials
The table below sets the three air conditioner, aluminium and pump 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 |
|---|---|---|---|---|---|
| Blue Star | 6,100 | 12,464 | 19.6% | 527 | 4.2% |
| National Aluminium Company | 14,478 | 18,509 | 6.3% | 5,797 | 31.3% |
| Kirloskar Brothers | 3,090 | 4,615 | 10.5% | 361 | 7.8% |
National Aluminium Company posts the highest return on equity in this group at 26.8%. National Aluminium Company has the largest FY26 revenue at Rs 18,509 crore, and Blue Star shows the fastest revenue growth with a 19.6% compound annual rate. A useful habit with air conditioner, aluminium and pump stocks is to check each new quarterly result against the capacity plans the company described earlier.
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 |
|---|---|---|---|
| Blue Star | 2,998 | 3,399 | 13.4% |
| National Aluminium Company | 3,930 | 5,476 | 39.3% |
| Kirloskar Brothers | 995 | 1,120 | 12.5% |
Key Risks to Check Before Investing in Air Conditioner, Aluminium and Pump Stocks
Every theme carries risks that deserve a check before any decision. For these air conditioner, aluminium and pump stocks, the main points are: Long-term cooling, light metal and fluid shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Demand cycles. Sales can vary with seasons and rates.
- 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 air conditioner, aluminium and pump stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Air Conditioner, Aluminium and Pump Stocks
Air conditioner, aluminium and pump stocks reward patient research into demand, execution and financial strength. Blue Star, National Aluminium Company and Kirloskar Brothers each have a clear plan to grow. Based on the 9 November 2026 close, Blue Star trades at Rs 1,567, National Aluminium Company at Rs 325.9 and Kirloskar Brothers at Rs 1,649.8. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these air conditioner, aluminium and pump 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 air conditioner, aluminium and pump stocks?
Ans. Air conditioner, aluminium and pump stocks are listed companies that make room air conditioners and commercial cooling systems, mine bauxite and produce alumina and aluminium, and manufacture pumps, valves and fluid handling systems. Their earnings depend on summer cooling demand, metal prices and water and industrial projects. This list looks at three of them, Blue Star, National Aluminium Company and Kirloskar Brothers, using reported FY22 to FY26 financials and the 9 November 2026 closing prices.
Which air conditioner, aluminium and pump stocks are covered in this list?
Ans. This list covers Blue Star, National Aluminium Company and Kirloskar Brothers. Based on the 9 November 2026 close, Blue Star traded at Rs 1,567, National Aluminium Company at Rs 325.9 and Kirloskar Brothers at Rs 1,649.8. Their return on equity ranges from 15.2% to 26.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.3% to 19.6%.
Why do air conditioner, aluminium and pump stocks have a strong future roadmap in India?
Ans. Air conditioner, aluminium and pump stocks have a strong roadmap in India because rising demand for home and commercial cooling, wider use of aluminium in power and mobility and heavy spending on water and industrial projects keep widening the market for these companies. The main drivers are as follows. Cooling. More homes and offices install air conditioners. Aluminium. Power lines and vehicles use more light metal. Pumps. Water and farm projects need dependable pumps. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Blue Star performed financially?
Ans. Revenue rose from Rs 6,100 crore in FY22 to Rs 12,464 crore in FY26, a compound annual growth rate of 19.6%. Net profit grew from Rs 168 crore in FY22 to Rs 527 crore in FY26, which works out to a compound annual growth rate of 33.1%. In the June 2026 quarter, revenue grew 13.4% year on year to Rs 3,399 crore. The company has a return on equity of 15.4%, a debt to equity ratio of 0.24 and a market capitalisation of Rs 32,243 crore. The stock trades at a P/E of 63.3, above the industry P/E of 43.1. Looking ahead, the company benefits from rising air conditioner penetration, growth in commercial buildings and expansion of cold chain. A wide service network and trusted brand support market share.
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 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 air conditioner, aluminium and pump stocks?
Ans. Investors should check a few risks before buying air conditioner, aluminium and pump stocks. Demand cycles. Sales can vary with seasons and rates. 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 air conditioner, aluminium and pump stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 9 November 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.