3 Electronics Manufacturing Leader, Smart Meters Maker and Bimetal Components Specialist Stocks With a Strong Future Roadmap: Dixon Technologies, Genus Power Infrastructures and Shivalik Bimetal
- October 27, 2026
- Posted by: Neeraj Pandey
- Category: Best Stocks
Dixon Technologies, Genus Power Infrastructures and Shivalik Bimetal: ROE of 19.9% to 30.8% and FY22 to FY26 revenue CAGR of 15.3% to 59.5%. Prices as of 26 Oct 2026.
Quick Answer
The three electronics, smart meter and bimetal stocks to watch are Dixon Technologies, Genus Power Infrastructures and Shivalik Bimetal. Their return on equity ranges from 19.9% to 30.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 15.3% to 59.5%. Dixon Technologies has the highest return on equity at 30.8%, while Genus Power Infrastructures has the fastest revenue growth at 59.5% a year. Prices are based on the 26 October 2026 close, and this article is educational, not investment advice.
Electronics, smart meter and bimetal stocks offer a focused view of a sector where demand keeps widening. Dixon Technologies, Genus Power Infrastructures and Shivalik Bimetal cover an electronics manufacturing leader, a smart meters maker and a bimetal components specialist.
This list covers three electronics, smart meter and bimetal stocks with complete current figures: Dixon Technologies, Genus Power Infrastructures and Shivalik Bimetal. Every figure comes from the latest reported financials and the 26 October 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Electronics, Smart Meter and Bimetal Stocks?
Electronics, smart meter and bimetal stocks are listed companies that assemble devices for leading brands, make electricity meters and supply electrical components used in appliances and vehicles. Their earnings depend on production incentives, metering programmes, appliance demand and input costs.
Electronics, Smart Meter and Bimetal Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Dixon Technologies | 11,161 | 70,805 | 34.0 | 43.1 | 30.8 | 0.21 |
| Genus Power Infrastructures | 260.8 | 8,639 | 13.3 | 44.3 | 26.7 | 1.04 |
| Shivalik Bimetal | 915.7 | 5,383 | 50.7 | 11.3 | 19.9 | 0.13 |
On valuation, Dixon Technologies and Genus Power Infrastructures trade at a P/E below the industry P/E, while Shivalik Bimetal trades above it, which reflects the growth the market already expects. Readers comparing electronics, smart meter and bimetal stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Electronics, Smart Meter and Bimetal Stocks Have a Strong Roadmap in India?
Electronics, smart meter and bimetal stocks have a strong roadmap in India because local electronics production, smart metering programmes and appliance demand keep lifting orders for these makers.
- Local production. Brands shift device assembly to India.
- Smart metering. Utilities replace old meters with smart ones.
- Component demand. Appliances and vehicles use bimetal parts.
Why Dixon Technologies Features Among These Electronics, Smart Meter and Bimetal Stocks
Among the electronics, smart meter and bimetal stocks on this list, Dixon Technologies is an electronics manufacturing services company that makes televisions, mobile phones, home appliances, lighting products and security devices for leading brands.
In the June 2026 quarter, revenue grew 25.2% year on year to Rs 16,076 crore. Revenue rose from Rs 10,701 crore in FY22 to Rs 49,586 crore in FY26, a compound annual growth rate of 46.7%.
Net profit grew from Rs 190 crore in FY22 to Rs 1,644 crore in FY26, which works out to a compound annual growth rate of 71.4%. The company has a return on equity of 30.8%, a debt to equity ratio of 0.21 and a market capitalisation of Rs 70,805 crore. The stock trades at a P/E of 34.0, below the industry P/E of 43.1.
Roadmap: The company is expanding into mobile phone and component manufacturing, supported by government incentives and growing local production. Partnerships with global brands widen its customer base.
What to watch: Follow mobile manufacturing volumes, component projects and new customer wins.
Why Genus Power Infrastructures Features Among These Electronics, Smart Meter and Bimetal Stocks
Among the device assembler and meter maker shares 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.
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.
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.
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 Shivalik Bimetal Features Among These Electronics, Smart Meter and Bimetal Stocks
Among the three companies on this list, Shivalik Bimetal Controls makes thermostatic bimetal strips, shunts and electrical contact components used in appliances, automobiles and electrical equipment, selling to customers in India and abroad.
Revenue rose from Rs 329 crore in FY22 to Rs 583 crore in FY26, a compound annual growth rate of 15.3%. Net profit grew from Rs 55.1 crore in FY22 to Rs 95.9 crore in FY26, which works out to a compound annual growth rate of 14.8%.
In the June 2026 quarter, revenue grew 33.7% year on year to Rs 186 crore, while net profit rose 44.9% to Rs 33.0 crore. The company has a return on equity of 19.9%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 5,383 crore. The stock trades at a P/E of 50.7, above the industry P/E of 11.3.
Roadmap: The company is growing its shunt business for electric and hybrid vehicles and smart meters while adding new components for industrial and appliance customers. Its materials expertise supports a strong position in the niche.
What to watch: Follow shunt demand from electric vehicles and meters and new component launches.
Dixon Technologies vs Genus Power Infrastructures vs Shivalik Bimetal on Key Financials
The table below sets the three electronics, smart meter and bimetal 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 |
|---|---|---|---|---|---|
| Dixon Technologies | 10,701 | 49,586 | 46.7% | 1,644 | 3.3% |
| Genus Power Infrastructures | 744 | 4,821 | 59.5% | 565 | 11.7% |
| Shivalik Bimetal | 329 | 583 | 15.3% | 95.9 | 16.4% |
Dixon Technologies posts the highest return on equity in this group at 30.8%. Dixon Technologies has the largest FY26 revenue at Rs 49,586 crore, and Genus Power Infrastructures shows the fastest revenue growth with a 59.5% compound annual rate. A useful habit with electronics, smart meter and bimetal 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 |
|---|---|---|---|
| Dixon Technologies | 12,837 | 16,076 | 25.2% |
| Genus Power Infrastructures | 964 | 1,407 | 46.0% |
| Shivalik Bimetal | 139 | 186 | 33.7% |
Key Risks to Check Before Investing in Electronics, Smart Meter and Bimetal Stocks
Every theme carries risks that deserve a check before any decision. For these electronics, smart meter and bimetal stocks, the main points are: Long-term device assembler and meter maker shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Order timing. Utility and brand orders can shift between periods.
- Input costs. Metal and component prices affect 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 electronics, smart meter and bimetal stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Electronics, Smart Meter and Bimetal Stocks
Electronics, smart meter and bimetal stocks reward patient research into demand, execution and financial strength. Dixon Technologies, Genus Power Infrastructures and Shivalik Bimetal each have a clear plan to grow. Based on the 26 October 2026 close, Dixon Technologies trades at Rs 11,161, Genus Power Infrastructures at Rs 260.8 and Shivalik Bimetal at Rs 915.7. Valuation matters as much as growth, so compare each company’s P/E with its industry P/E before adding any of these electronics, smart meter and bimetal stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track electronics, smart meter and bimetal stocks, set price alerts and get research-backed stock ideas.
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 electronics, smart meter and bimetal stocks?
Ans. Electronics, smart meter and bimetal stocks are listed companies that assemble devices for leading brands, make electricity meters and supply electrical components used in appliances and vehicles. Their earnings depend on production incentives, metering programmes, appliance demand and input costs. This list looks at three of them, Dixon Technologies, Genus Power Infrastructures and Shivalik Bimetal, using reported FY22 to FY26 financials and the 26 October 2026 closing prices.
Which electronics, smart meter and bimetal stocks are covered in this list?
Ans. This list covers Dixon Technologies, Genus Power Infrastructures and Shivalik Bimetal. Based on the 26 October 2026 close, Dixon Technologies traded at Rs 11,161, Genus Power Infrastructures at Rs 260.8 and Shivalik Bimetal at Rs 915.7. Their return on equity ranges from 19.9% to 30.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 15.3% to 59.5%.
Why do electronics, smart meter and bimetal stocks have a strong future roadmap in India?
Ans. Electronics, smart meter and bimetal stocks have a strong roadmap in India because local electronics production, smart metering programmes and appliance demand keep lifting orders for these makers. The main drivers are as follows. Local production. Brands shift device assembly to India. Smart metering. Utilities replace old meters with smart ones. Component demand. Appliances and vehicles use bimetal parts. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Dixon Technologies performed financially?
Ans. Revenue rose from Rs 10,701 crore in FY22 to Rs 49,586 crore in FY26, a compound annual growth rate of 46.7%. Net profit grew from Rs 190 crore in FY22 to Rs 1,644 crore in FY26, which works out to a compound annual growth rate of 71.4%. In the June 2026 quarter, revenue grew 25.2% year on year to Rs 16,076 crore. The company has a return on equity of 30.8%, a debt to equity ratio of 0.21 and a market capitalisation of Rs 70,805 crore. The stock trades at a P/E of 34.0, below the industry P/E of 43.1. Looking ahead, the company is expanding into mobile phone and component manufacturing, supported by government incentives and growing local production. Partnerships with global brands widen its customer base.
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 Shivalik Bimetal performed financially?
Ans. Revenue rose from Rs 329 crore in FY22 to Rs 583 crore in FY26, a compound annual growth rate of 15.3%. Net profit grew from Rs 55.1 crore in FY22 to Rs 95.9 crore in FY26, which works out to a compound annual growth rate of 14.8%. In the June 2026 quarter, revenue grew 33.7% year on year to Rs 186 crore, while net profit rose 44.9% to Rs 33.0 crore. The company has a return on equity of 19.9%, a debt to equity ratio of 0.13 and a market capitalisation of Rs 5,383 crore. The stock trades at a P/E of 50.7, above the industry P/E of 11.3. Looking ahead, the company is growing its shunt business for electric and hybrid vehicles and smart meters while adding new components for industrial and appliance customers. Its materials expertise supports a strong position in the niche.
What risks should investors check before buying electronics, smart meter and bimetal stocks?
Ans. Investors should check a few risks before buying electronics, smart meter and bimetal stocks. Order timing. Utility and brand orders can shift between periods. Input costs. Metal and component prices affect 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 electronics, smart meter and bimetal stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 26 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.
