3 Specialty Batteries and Electronics Maker, Laminated Tubes Maker and Housing Developer Stocks With a Strong Future Roadmap: HBL Engineering, EPL and Ashiana Housing
- November 12, 2026
- Posted by: Kunal Singla
- Category: Best Stocks
HBL Engineering, EPL and Ashiana Housing: ROE of 13.6% to 36.8% and FY22 to FY26 revenue CAGR of 8.7% to 50.2%. Prices as of 11 Nov 2026.
Quick Answer
The three defence battery, packaging tube and homes stocks to watch are HBL Engineering, EPL and Ashiana Housing. Their return on equity ranges from 13.6% to 36.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.7% to 50.2%. HBL Engineering has the highest return on equity at 36.8%, while Ashiana Housing has the fastest revenue growth at 50.2% a year. Prices are based on the 11 November 2026 close, and this article is educational, not investment advice.
Defence battery, packaging tube and homes stocks bring together companies with a visible plan for the years ahead. HBL Engineering, EPL and Ashiana Housing cover a specialty batteries and electronics maker, a laminated tubes maker and a housing developer.
This list covers three defence battery, packaging tube and homes stocks with complete current figures: HBL Engineering, EPL and Ashiana Housing. Every figure comes from the latest reported financials and the 11 November 2026 market close. Companies without complete current figures were left out.
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What Are Defence Battery, Packaging Tube and Homes Stocks?
Defence battery, packaging tube and homes stocks are listed companies that make specialty batteries and electronics for defence and railways, produce laminated tubes and packaging for personal care and pharma brands, and develop residential homes and senior living projects. Their earnings depend on defence and rail orders, packaged goods demand and housing sales.
Defence Battery, Packaging Tube and Homes Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| HBL Engineering | 806.3 | 22,507 | 28.8 | 36.9 | 36.8 | 0.03 |
| EPL | 238.77 | 7,244 | 18.4 | 21.7 | 13.6 | 0.34 |
| Ashiana Housing | 355.6 | 3,586 | 30.3 | 30.7 | 13.6 | 0.35 |
On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing defence battery, packaging tube and homes stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Defence Battery, Packaging Tube and Homes Stocks Have a Strong Roadmap in India?
Defence battery, packaging tube and homes stocks have a strong roadmap in India because strong defence and rail programmes, growing demand for packaged personal care and steady demand for new homes keep widening the market for these companies.
- Batteries and electronics. Defence and rail need dependable power.
- Laminated tubes. Personal care brands need safe packs.
- Housing. Buyers seek well planned homes.
Why HBL Engineering Features Among These Defence Battery, Packaging Tube and Homes Stocks
Among the defence battery, packaging tube and homes stocks on this list, HBL Engineering, formerly HBL Power Systems, makes specialised batteries, defence electronics, railway safety systems, and electronics for aerospace and industrial use.
In the June 2026 quarter, revenue grew 6.0% year on year to Rs 659 crore. Revenue rose from Rs 1,251 crore in FY22 to Rs 3,362 crore in FY26, a compound annual growth rate of 28.0%.
Net profit grew from Rs 93.7 crore in FY22 to Rs 814 crore in FY26, which works out to a compound annual growth rate of 71.7%. The company has a return on equity of 36.8%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 22,507 crore. The stock trades at a P/E of 28.8, below the industry P/E of 36.9.
Roadmap: The company has grown its defence electronics and railway safety businesses, including systems for collision avoidance, and is expanding its battery lines. Orders from railways and defence customers provide a long runway.
What to watch: Monitor large railway and defence orders and their execution schedules.
Why EPL Features Among These Defence Battery, Packaging Tube and Homes Stocks
Among the specialty cell, toothpaste tube and homes shares on this list, EPL is among the world’s largest makers of laminated plastic tubes used for toothpaste, beauty, personal care and pharmaceutical products. It operates plants across Asia, Europe, the Americas and Africa.
The company has a return on equity of 13.6%, a debt to equity ratio of 0.34 and a market capitalisation of Rs 7,244 crore. The stock trades at a P/E of 18.4, below the industry P/E of 21.7.
Revenue rose from Rs 3,445 crore in FY22 to Rs 4,806 crore in FY26, a compound annual growth rate of 8.7%. Net profit grew from Rs 221 crore in FY22 to Rs 394 crore in FY26, which works out to a compound annual growth rate of 15.5%. In the June 2026 quarter, revenue grew 24.7% year on year to Rs 1,392 crore.
Roadmap: The company is growing sustainable tube formats such as recyclable tubes, which global brands increasingly prefer. A wide plant network lets it serve large customers in many regions.
What to watch: Track the share of sustainable tubes in sales and volume growth in beauty and personal care.
Why Ashiana Housing Features Among These Defence Battery, Packaging Tube and Homes Stocks
Among the three companies on this list, Ashiana Housing develops mid-income residential projects and senior living communities in cities such as the Delhi region, Jaipur and Chennai. It is known for its focus on construction quality and timely delivery.
Revenue rose from Rs 234 crore in FY22 to Rs 1,187 crore in FY26, a compound annual growth rate of 50.2%. Net profit grew from Rs 27.9 crore in FY23 to Rs 118 crore in FY26, which works out to a compound annual growth rate of 61.7%.
The company has a return on equity of 13.6%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 3,586 crore. The stock trades at a P/E of 30.3, below the industry P/E of 30.7.
Roadmap: The company is launching new phases in established markets and growing its senior living portfolio. A reputation for delivery supports sales in its projects.
What to watch: Track sales bookings, project launches and deliveries.
HBL Engineering vs EPL vs Ashiana Housing on Key Financials
The table below sets the three defence battery, packaging tube and homes 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 |
|---|---|---|---|---|---|
| HBL Engineering | 1,251 | 3,362 | 28.0% | 814 | 24.2% |
| EPL | 3,445 | 4,806 | 8.7% | 394 | 8.2% |
| Ashiana Housing | 234 | 1,187 | 50.2% | 118 | 9.9% |
HBL Engineering posts the highest return on equity in this group at 36.8%. EPL has the largest FY26 revenue at Rs 4,806 crore, and Ashiana Housing shows the fastest revenue growth with a 50.2% compound annual rate. A useful habit with defence battery, packaging tube and homes stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Defence Battery, Packaging Tube and Homes Stocks
Every theme carries risks that deserve a check before any decision. For these defence battery, packaging tube and homes stocks, the main points are: Long-term specialty cell, toothpaste tube and homes 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.
- Raw material costs. Ingredient and packaging prices can move margins.
- Housing cycles. Real estate and building demand can vary with rates and sentiment.
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 defence battery, packaging tube and homes stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Defence Battery, Packaging Tube and Homes Stocks
Defence battery, packaging tube and homes stocks suit investors who prefer to study business strength before price moves. HBL Engineering, EPL and Ashiana Housing each have a clear plan to grow. Based on the 11 November 2026 close, HBL Engineering trades at Rs 806.3, EPL at Rs 238.77 and Ashiana Housing at Rs 355.6.
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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 defence battery, packaging tube and homes stocks?
Ans. Defence battery, packaging tube and homes stocks are listed companies that make specialty batteries and electronics for defence and railways, produce laminated tubes and packaging for personal care and pharma brands, and develop residential homes and senior living projects. Their earnings depend on defence and rail orders, packaged goods demand and housing sales. This list looks at three of them, HBL Engineering, EPL and Ashiana Housing, using reported FY22 to FY26 financials and the 11 November 2026 closing prices.
Which defence battery, packaging tube and homes stocks are covered in this list?
Ans. This list covers HBL Engineering, EPL and Ashiana Housing. Based on the 11 November 2026 close, HBL Engineering traded at Rs 806.3, EPL at Rs 238.77 and Ashiana Housing at Rs 355.6. Their return on equity ranges from 13.6% to 36.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 8.7% to 50.2%.
Why do defence battery, packaging tube and homes stocks have a strong future roadmap in India?
Ans. Defence battery, packaging tube and homes stocks have a strong roadmap in India because strong defence and rail programmes, growing demand for packaged personal care and steady demand for new homes keep widening the market for these companies. The main drivers are as follows. Batteries and electronics. Defence and rail need dependable power. Laminated tubes. Personal care brands need safe packs. Housing. Buyers seek well planned homes. Together these factors give the companies on this list a visible path for growth over the coming years.
How has HBL Engineering performed financially?
Ans. Revenue rose from Rs 1,251 crore in FY22 to Rs 3,362 crore in FY26, a compound annual growth rate of 28.0%. Net profit grew from Rs 93.7 crore in FY22 to Rs 814 crore in FY26, which works out to a compound annual growth rate of 71.7%. In the June 2026 quarter, revenue grew 6.0% year on year to Rs 659 crore. The company has a return on equity of 36.8%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 22,507 crore. The stock trades at a P/E of 28.8, below the industry P/E of 36.9. Looking ahead, the company has grown its defence electronics and railway safety businesses, including systems for collision avoidance, and is expanding its battery lines. Orders from railways and defence customers provide a long runway.
How has EPL performed financially?
Ans. Revenue rose from Rs 3,445 crore in FY22 to Rs 4,806 crore in FY26, a compound annual growth rate of 8.7%. Net profit grew from Rs 221 crore in FY22 to Rs 394 crore in FY26, which works out to a compound annual growth rate of 15.5%. In the June 2026 quarter, revenue grew 24.7% year on year to Rs 1,392 crore. The company has a return on equity of 13.6%, a debt to equity ratio of 0.34 and a market capitalisation of Rs 7,244 crore. The stock trades at a P/E of 18.4, below the industry P/E of 21.7. Looking ahead, the company is growing sustainable tube formats such as recyclable tubes, which global brands increasingly prefer. A wide plant network lets it serve large customers in many regions.
How has Ashiana Housing performed financially?
Ans. Revenue rose from Rs 234 crore in FY22 to Rs 1,187 crore in FY26, a compound annual growth rate of 50.2%. Net profit grew from Rs 27.9 crore in FY23 to Rs 118 crore in FY26, which works out to a compound annual growth rate of 61.7%. The company has a return on equity of 13.6%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 3,586 crore. The stock trades at a P/E of 30.3, below the industry P/E of 30.7. Looking ahead, the company is launching new phases in established markets and growing its senior living portfolio. A reputation for delivery supports sales in its projects.
What risks should investors check before buying defence battery, packaging tube and homes stocks?
Ans. Investors should check a few risks before buying defence battery, packaging tube and homes stocks. Order timing. Project awards can shift between periods. Raw material costs. Ingredient and packaging prices can move margins. Housing cycles. Real estate and building demand can vary with rates and sentiment. 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 defence battery, packaging tube and homes stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 11 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.
