3 Electrical Products and Appliances Brand, Cement and Building Products Maker and Premium Malls Operator Stocks With a Strong Future Roadmap: Havells India, JK Cement and Phoenix Mills
- October 30, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
Havells India, JK Cement and Phoenix Mills: ROE of 11.1% to 17.9% and FY22 to FY26 revenue CAGR of 13.0% to 31.0%. Prices as of 29 Oct 2026.
Quick Answer
The three electrical brand, cement and mall stocks to watch are Havells India, JK Cement and Phoenix Mills. Their return on equity ranges from 11.1% to 17.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 13.0% to 31.0%. Havells India has the highest return on equity at 17.9%, while Phoenix Mills has the fastest revenue growth at 31.0% a year. Prices are based on the 29 October 2026 close, and this article is educational, not investment advice.
Electrical brand, cement and mall stocks offer a focused view of a sector where demand keeps widening. Havells India, JK Cement and Phoenix Mills cover an electrical products and appliances brand, a cement and building products maker and a premium malls operator.
This list covers three electrical brand, cement and mall stocks with complete current figures: Havells India, JK Cement and Phoenix Mills. Every figure comes from the latest reported financials and the 29 October 2026 market close. Companies without complete current figures were left out.
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What Are Electrical Brand, Cement and Mall Stocks?
Electrical brand, cement and mall stocks are listed companies that sell fans, lighting, switchgear and appliances, produce cement and building products for homes and roads and own premium malls with commercial and hospitality assets. Their earnings depend on housing activity, construction demand and retail footfall.
Electrical Brand, Cement and Mall Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Havells India | 1,020 | 68,928 | 42.2 | 44.3 | 17.9 | 0.03 |
| JK Cement | 4,893 | 37,671 | 40.1 | 29.1 | 14.1 | 0.88 |
| Phoenix Mills | 1,969.9 | 68,308 | 41.9 | 30.7 | 11.1 | 0.48 |
On valuation, Havells India trades at a P/E below the industry P/E, while JK Cement and Phoenix Mills trade above it, which reflects the growth the market already expects. Readers comparing electrical brand, cement and mall 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 electrical brand, cement and mall stocks can use the coming numbers to test whether growth is holding.
Why Do Electrical Brand, Cement and Mall Stocks Have a Strong Roadmap in India?
Electrical brand, cement and mall stocks have a strong roadmap in India because rising housing and road activity, growing appliance use and strong mall footfall keep widening the market for these building and retail linked companies.
- Housing demand. New homes need electricals and cement.
- Mall footfall. Rising spending lifts rents and sales.
- Brand strength. Trusted names win dealer and buyer loyalty.
Why Havells India Features Among These Electrical Brand, Cement and Mall Stocks
Among the electrical brand, cement and mall stocks on this list, Havells India is a leading electrical products company that sells fans, lighting, switchgear, wires and cables, and consumer appliances, along with Lloyd air conditioners.
Revenue rose from Rs 14,099 crore in FY22 to Rs 23,022 crore in FY26, a compound annual growth rate of 13.0%. Net profit grew from Rs 1,196 crore in FY22 to Rs 1,689 crore in FY26, which works out to a compound annual growth rate of 9.0%.
In the June 2026 quarter, revenue grew 19.0% year on year to Rs 6,572 crore. The company has a return on equity of 17.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 68,928 crore. The stock trades at a P/E of 42.2, below the industry P/E of 44.3.
Roadmap: The company sells through a wide dealer network and keeps adding premium products and new categories such as air conditioners and water heaters. Capacity expansion in cables and appliances supports future growth.
What to watch: Check growth in the cables and Lloyd air conditioner businesses.
Why JK Cement Features Among These Electrical Brand, Cement and Mall Stocks
Among the home and retail space shares on this list, JK Cement is a cement and building products company with plants in northern, western and southern India. It sells grey cement, white cement and wall putty, and it has a strong presence in the premium white cement segment.
In the June 2026 quarter, revenue grew 19.4% year on year to Rs 4,071 crore. Revenue rose from Rs 8,134 crore in FY22 to Rs 13,917 crore in FY26, a compound annual growth rate of 14.4%.
Net profit grew from Rs 679 crore in FY22 to Rs 988 crore in FY26, which works out to a compound annual growth rate of 9.8%. The company has a return on equity of 14.1%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 37,671 crore. The stock trades at a P/E of 40.1, above the industry P/E of 29.1.
Roadmap: The company is expanding grey cement capacity in several regions and growing its white cement and putty range, which carries a strong brand. Housing and infrastructure activity supports steady cement demand.
What to watch: Track capacity additions, volume growth and realisation per tonne.
Why Phoenix Mills Features Among These Electrical Brand, Cement and Mall Stocks
Among the three companies on this list, Phoenix Mills owns and operates premium retail malls in major cities under the Phoenix brand and also has commercial, residential and hospitality assets.
The company has a return on equity of 11.1%, a debt to equity ratio of 0.48 and a market capitalisation of Rs 68,308 crore. The stock trades at a P/E of 41.9, above the industry P/E of 30.7.
Revenue rose from Rs 1,558 crore in FY22 to Rs 4,594 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 248 crore in FY22 to Rs 1,557 crore in FY26, which works out to a compound annual growth rate of 58.3%. In the June 2026 quarter, revenue grew 13.3% year on year to Rs 1,115 crore, while net profit rose 23.0% to Rs 394 crore.
Roadmap: The company is adding mall space and commercial assets as consumer spending rises. Rental income linked to footfall and consumption supports earnings as the portfolio matures.
What to watch: Track consumption in its malls, new mall openings and rental growth.
Havells India vs JK Cement vs Phoenix Mills on Key Financials
The table below sets the three electrical brand, cement and mall 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 |
|---|---|---|---|---|---|
| Havells India | 14,099 | 23,022 | 13.0% | 1,689 | 7.3% |
| JK Cement | 8,134 | 13,917 | 14.4% | 988 | 7.1% |
| Phoenix Mills | 1,558 | 4,594 | 31.0% | 1,557 | 33.9% |
Havells India posts the highest return on equity in this group at 17.9%. Havells India has the largest FY26 revenue at Rs 23,022 crore, and Phoenix Mills shows the fastest revenue growth with a 31.0% compound annual rate. A useful habit with electrical brand, cement and mall 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 |
|---|---|---|---|
| Havells India | 5,525 | 6,572 | 19.0% |
| JK Cement | 3,409 | 4,071 | 19.4% |
| Phoenix Mills | 985 | 1,115 | 13.3% |
Key Risks to Check Before Investing in Electrical Brand, Cement and Mall Stocks
Every theme carries risks that deserve a check before any decision. For these electrical brand, cement and mall stocks, the main points are: Long-term home and retail space shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Housing cycles. Real estate and building demand can vary with rates and sentiment.
- Input costs. Metal and material prices can move margins.
- 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 electrical brand, cement and mall stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Electrical Brand, Cement and Mall Stocks
Electrical brand, cement and mall stocks reward patient research into demand, execution and financial strength. Havells India, JK Cement and Phoenix Mills each have a clear plan to grow. Based on the 29 October 2026 close, Havells India trades at Rs 1,020, JK Cement at Rs 4,893 and Phoenix Mills at Rs 1,969.9. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these electrical brand, cement and mall 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 electrical brand, cement and mall stocks?
Ans. Electrical brand, cement and mall stocks are listed companies that sell fans, lighting, switchgear and appliances, produce cement and building products for homes and roads and own premium malls with commercial and hospitality assets. Their earnings depend on housing activity, construction demand and retail footfall. This list looks at three of them, Havells India, JK Cement and Phoenix Mills, using reported FY22 to FY26 financials and the 29 October 2026 closing prices.
Which electrical brand, cement and mall stocks are covered in this list?
Ans. This list covers Havells India, JK Cement and Phoenix Mills. Based on the 29 October 2026 close, Havells India traded at Rs 1,020, JK Cement at Rs 4,893 and Phoenix Mills at Rs 1,969.9. Their return on equity ranges from 11.1% to 17.9%, and their revenue compound annual growth from FY22 to FY26 ranges from 13.0% to 31.0%.
Why do electrical brand, cement and mall stocks have a strong future roadmap in India?
Ans. Electrical brand, cement and mall stocks have a strong roadmap in India because rising housing and road activity, growing appliance use and strong mall footfall keep widening the market for these building and retail linked companies. The main drivers are as follows. Housing demand. New homes need electricals and cement. Mall footfall. Rising spending lifts rents and sales. Brand strength. Trusted names win dealer and buyer loyalty. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Havells India performed financially?
Ans. Revenue rose from Rs 14,099 crore in FY22 to Rs 23,022 crore in FY26, a compound annual growth rate of 13.0%. Net profit grew from Rs 1,196 crore in FY22 to Rs 1,689 crore in FY26, which works out to a compound annual growth rate of 9.0%. In the June 2026 quarter, revenue grew 19.0% year on year to Rs 6,572 crore. The company has a return on equity of 17.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 68,928 crore. The stock trades at a P/E of 42.2, below the industry P/E of 44.3. Looking ahead, the company sells through a wide dealer network and keeps adding premium products and new categories such as air conditioners and water heaters. Capacity expansion in cables and appliances supports future growth.
How has JK Cement performed financially?
Ans. Revenue rose from Rs 8,134 crore in FY22 to Rs 13,917 crore in FY26, a compound annual growth rate of 14.4%. Net profit grew from Rs 679 crore in FY22 to Rs 988 crore in FY26, which works out to a compound annual growth rate of 9.8%. In the June 2026 quarter, revenue grew 19.4% year on year to Rs 4,071 crore. The company has a return on equity of 14.1%, a debt to equity ratio of 0.88 and a market capitalisation of Rs 37,671 crore. The stock trades at a P/E of 40.1, above the industry P/E of 29.1. Looking ahead, the company is expanding grey cement capacity in several regions and growing its white cement and putty range, which carries a strong brand. Housing and infrastructure activity supports steady cement demand.
How has Phoenix Mills performed financially?
Ans. Revenue rose from Rs 1,558 crore in FY22 to Rs 4,594 crore in FY26, a compound annual growth rate of 31.0%. Net profit grew from Rs 248 crore in FY22 to Rs 1,557 crore in FY26, which works out to a compound annual growth rate of 58.3%. In the June 2026 quarter, revenue grew 13.3% year on year to Rs 1,115 crore, while net profit rose 23.0% to Rs 394 crore. The company has a return on equity of 11.1%, a debt to equity ratio of 0.48 and a market capitalisation of Rs 68,308 crore. The stock trades at a P/E of 41.9, above the industry P/E of 30.7. Looking ahead, the company is adding mall space and commercial assets as consumer spending rises. Rental income linked to footfall and consumption supports earnings as the portfolio matures.
What risks should investors check before buying electrical brand, cement and mall stocks?
Ans. Investors should check a few risks before buying electrical brand, cement and mall stocks. Housing cycles. Real estate and building demand can vary with rates and sentiment. Input costs. Metal and material prices can move margins. 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 electrical brand, cement and mall stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 29 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.
