3 Automotive Lighting Maker, CNC Machining Centres Maker and Urea Fertilisers Company Stocks With a Strong Future Roadmap: Varroc Engineering, Jyoti CNC Automation and Chambal Fertilisers and Chemicals
- November 13, 2026
- Posted by: Kunal Singla
- Category: Best Stocks
Varroc Engineering, Jyoti CNC Automation and Chambal Fertilisers and Chemicals: ROE of 14.3% to 18.8% and FY22 to FY26 revenue CAGR of 6.7% to 30.2%. Prices as of 12 Nov 2026.
Quick Answer
The three lighting, CNC machine and urea stocks to watch are Varroc Engineering, Jyoti CNC Automation and Chambal Fertilisers and Chemicals. Their return on equity ranges from 14.3% to 18.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.7% to 30.2%. Chambal Fertilisers and Chemicals has the highest return on equity at 18.8%, while Jyoti CNC Automation has the fastest revenue growth at 30.2% a year. Prices are based on the 12 November 2026 close, and this article is educational, not investment advice.
Lighting, CNC machine and urea stocks let investors follow companies that serve a growing part of the Indian economy. Varroc Engineering, Jyoti CNC Automation and Chambal Fertilisers and Chemicals cover an automotive lighting maker, a CNC machining centres maker and a urea fertilisers company.
This list covers three lighting, CNC machine and urea stocks with complete current figures: Varroc Engineering, Jyoti CNC Automation and Chambal Fertilisers and Chemicals. Every figure comes from the latest reported financials and the 12 November 2026 market close. Companies without complete current figures were left out.
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What Are Lighting, CNC Machine and Urea Stocks?
Lighting, CNC machine and urea stocks are listed companies that make headlamps, polymer parts and electronics for vehicles, build CNC and turning centres for auto, aerospace and defence, and make urea and complex fertilisers for farmers. Their earnings depend on vehicle output, machine orders and farm demand.
Lighting, CNC Machine and Urea Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Varroc Engineering | 829.8 | 12,256 | 61.2 | 36.9 | 14.3 | 0.52 |
| Jyoti CNC Automation | 1,072 | 22,175 | 68.9 | 44.4 | 16.8 | 0.43 |
| Chambal Fertilisers and Chemicals | 386.55 | 15,339 | 8.0 | 21.2 | 18.8 | 0.10 |
On valuation, Chambal Fertilisers and Chemicals trades at a P/E below the industry P/E, while Varroc Engineering and Jyoti CNC Automation trade above it, which reflects the growth the market already expects. Readers comparing lighting, CNC machine and urea stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Lighting, CNC Machine and Urea Stocks Have a Strong Roadmap in India?
Lighting, CNC machine and urea stocks have a strong roadmap in India because rising vehicle production, growing factory automation and steady farm input needs keep widening the market for these companies.
- Automotive lighting. Newer vehicles use advanced lighting.
- CNC machines. Factories add precise automated machines.
- Fertilisers. Farms need reliable crop nutrients.
Why Varroc Engineering Features Among These Lighting, CNC Machine and Urea Stocks
Among the lighting, CNC machine and urea stocks on this list, Varroc Engineering is a Maharashtra-based automotive component maker with a focus on exterior lighting systems, electrical and electronic parts and polymer products for two-wheeler, passenger car and commercial vehicle makers across the world.
The company has a return on equity of 14.3%, a debt to equity ratio of 0.52 and a market capitalisation of Rs 12,256 crore. The stock trades at a P/E of 61.2, above the industry P/E of 36.9.
Revenue rose from Rs 5,878 crore in FY22 to Rs 8,917 crore in FY26, a compound annual growth rate of 11.0%. Net profit for FY26 was Rs 230 crore, a net margin of 2.6%. In the June 2026 quarter, revenue grew 29.9% year on year to Rs 2,640 crore.
Roadmap: The company is growing its lighting business with advanced LED products and increasing content per vehicle in India and overseas. Orders from vehicle makers, including electric vehicle programmes, give visibility on future volumes.
What to watch: Monitor order wins in lighting and the growth of content per vehicle.
Why Jyoti CNC Automation Features Among These Lighting, CNC Machine and Urea Stocks
Among the headlamp, machining centre and crop nutrient 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.
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.
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 Chambal Fertilisers and Chemicals Features Among These Lighting, CNC Machine and Urea Stocks
Among the three companies on this list, Chambal Fertilisers and Chemicals makes urea at its plants in Rajasthan and trades in other fertilisers, crop protection chemicals and agri inputs.
Revenue rose from Rs 16,137 crore in FY22 to Rs 20,921 crore in FY26, a compound annual growth rate of 6.7%. Net profit grew from Rs 1,566 crore in FY22 to Rs 1,953 crore in FY26, which works out to a compound annual growth rate of 5.7%.
The company has a return on equity of 18.8%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 15,339 crore. The stock trades at a P/E of 8.0, below the industry P/E of 21.2.
Roadmap: The company has a strong urea franchise with large volumes and a wide dealer network. It is widening into crop protection and specialty agri inputs, which adds higher-margin revenue to the base fertiliser business.
What to watch: Track fertiliser subsidy policy updates and the monsoon, which both influence volumes and working capital.
Varroc Engineering vs Jyoti CNC Automation vs Chambal Fertilisers and Chemicals on Key Financials
The table below sets the three lighting, CNC machine and urea 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 |
|---|---|---|---|---|---|
| Varroc Engineering | 5,878 | 8,917 | 11.0% | 230 | 2.6% |
| Jyoti CNC Automation | 750 | 2,154 | 30.2% | 336 | 15.6% |
| Chambal Fertilisers and Chemicals | 16,137 | 20,921 | 6.7% | 1,953 | 9.3% |
Chambal Fertilisers and Chemicals posts the highest return on equity in this group at 18.8%. Chambal Fertilisers and Chemicals has the largest FY26 revenue at Rs 20,921 crore, and Jyoti CNC Automation shows the fastest revenue growth with a 30.2% compound annual rate. A useful habit with lighting, CNC machine and urea stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Lighting, CNC Machine and Urea Stocks
Every theme carries risks that deserve a check before any decision. For these lighting, CNC machine and urea stocks, the main points are: Long-term headlamp, machining centre and crop nutrient shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Production cycles. Vehicle output can vary with demand.
- Capital spending cycles. Customer investment in plants and equipment can vary.
- Monsoon and farm output. Crop and feed demand can vary with the season.
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 lighting, CNC machine and urea stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Lighting, CNC Machine and Urea Stocks
Lighting, CNC machine and urea stocks reward investors who follow demand trends, order books and margins together. Varroc Engineering, Jyoti CNC Automation and Chambal Fertilisers and Chemicals each have a clear plan to grow. Based on the 12 November 2026 close, Varroc Engineering trades at Rs 829.8, Jyoti CNC Automation at Rs 1,072 and Chambal Fertilisers and Chemicals at Rs 386.55.
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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 lighting, CNC machine and urea stocks?
Ans. Lighting, CNC machine and urea stocks are listed companies that make headlamps, polymer parts and electronics for vehicles, build CNC and turning centres for auto, aerospace and defence, and make urea and complex fertilisers for farmers. Their earnings depend on vehicle output, machine orders and farm demand. This list looks at three of them, Varroc Engineering, Jyoti CNC Automation and Chambal Fertilisers and Chemicals, using reported FY22 to FY26 financials and the 12 November 2026 closing prices.
Which lighting, CNC machine and urea stocks are covered in this list?
Ans. This list covers Varroc Engineering, Jyoti CNC Automation and Chambal Fertilisers and Chemicals. Based on the 12 November 2026 close, Varroc Engineering traded at Rs 829.8, Jyoti CNC Automation at Rs 1,072 and Chambal Fertilisers and Chemicals at Rs 386.55. Their return on equity ranges from 14.3% to 18.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.7% to 30.2%.
Why do lighting, CNC machine and urea stocks have a strong future roadmap in India?
Ans. Lighting, CNC machine and urea stocks have a strong roadmap in India because rising vehicle production, growing factory automation and steady farm input needs keep widening the market for these companies. The main drivers are as follows. Automotive lighting. Newer vehicles use advanced lighting. CNC machines. Factories add precise automated machines. Fertilisers. Farms need reliable crop nutrients. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Varroc Engineering performed financially?
Ans. Revenue rose from Rs 5,878 crore in FY22 to Rs 8,917 crore in FY26, a compound annual growth rate of 11.0%. Net profit for FY26 was Rs 230 crore, a net margin of 2.6%. In the June 2026 quarter, revenue grew 29.9% year on year to Rs 2,640 crore. The company has a return on equity of 14.3%, a debt to equity ratio of 0.52 and a market capitalisation of Rs 12,256 crore. The stock trades at a P/E of 61.2, above the industry P/E of 36.9. Looking ahead, the company is growing its lighting business with advanced LED products and increasing content per vehicle in India and overseas. Orders from vehicle makers, including electric vehicle programmes, give visibility on future volumes.
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 Chambal Fertilisers and Chemicals performed financially?
Ans. Revenue rose from Rs 16,137 crore in FY22 to Rs 20,921 crore in FY26, a compound annual growth rate of 6.7%. Net profit grew from Rs 1,566 crore in FY22 to Rs 1,953 crore in FY26, which works out to a compound annual growth rate of 5.7%. The company has a return on equity of 18.8%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 15,339 crore. The stock trades at a P/E of 8.0, below the industry P/E of 21.2. Looking ahead, the company has a strong urea franchise with large volumes and a wide dealer network. It is widening into crop protection and specialty agri inputs, which adds higher-margin revenue to the base fertiliser business.
What risks should investors check before buying lighting, CNC machine and urea stocks?
Ans. Investors should check a few risks before buying lighting, CNC machine and urea stocks. Production cycles. Vehicle output can vary with demand. Capital spending cycles. Customer investment in plants and equipment can vary. Monsoon and farm output. Crop and feed demand can vary with the season. 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 lighting, CNC machine and urea stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 12 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.
